Can I retire at age 67 with 821,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$67,797$67,194$66,604$66,029$65,468$63,576
2 years$33,563$32,938$32,332$31,745$31,175$29,284
3 years$22,153$21,525$20,921$20,339$19,779$17,948
4 years$16,449$15,823$15,225$14,653$14,106$12,350
5 years$13,028$12,406$11,815$11,255$10,723$9,046
6 years$10,748$10,130$9,549$9,001$8,485$6,888
7 years$9,120$8,507$7,935$7,400$6,901$5,384
8 years$7,899$7,292$6,729$6,208$5,725$4,288
9 years$6,950$6,349$5,796$5,288$4,821$3,462
10 years$6,192$5,597$5,053$4,558$4,108$2,825
11 years$5,571$4,982$4,449$3,967$3,533$2,324
12 years$5,055$4,472$3,948$3,479$3,061$1,925
13 years$4,618$4,041$3,527$3,072$2,670$1,602
14 years$4,244$3,673$3,169$2,727$2,340$1,340
15 years$3,920$3,356$2,862$2,432$2,061$1,124
16 years$3,637$3,079$2,594$2,177$1,821$945
17 years$3,388$2,835$2,361$1,956$1,615$797
18 years$3,166$2,620$2,155$1,763$1,436$674
19 years$2,968$2,428$1,973$1,593$1,280$570
20 years$2,790$2,256$1,811$1,443$1,143$483
21 years$2,630$2,102$1,665$1,310$1,023$410
22 years$2,484$1,962$1,535$1,191$917$348
23 years$2,350$1,835$1,417$1,084$823$296
24 years$2,229$1,719$1,311$989$740$252
25 years$2,117$1,613$1,214$903$666$214
26 years$2,014$1,516$1,126$826$600$182
27 years$1,918$1,427$1,045$756$541$155
28 years$1,830$1,345$972$693$488$132
29 years$1,748$1,269$904$635$440$113
30 years$1,671$1,198$842$583$398$96
31 years$1,600$1,133$785$535$360$82
32 years$1,533$1,072$733$492$325$70
33 years$1,470$1,015$684$452$295$60
34 years$1,411$962$639$416$267$51
35 years$1,356$912$598$383$242$44
36 years$1,304$866$559$353$219$37
37 years$1,255$822$523$325$198$32
38 years$1,208$782$490$300$180$27
39 years$1,164$743$459$276$163$23
40 years$1,122$707$430$255$148$20
41 years$1,083$673$404$235$134$17
42 years$1,045$641$379$217$122$14
43 years$1,009$611$355$200$111$12
44 years$975$582$333$185$100$10
45 years$943$555$313$171$91$9
46 years$912$530$294$158$83$8
47 years$883$505$276$146$75$7
48 years$854$482$260$135$68$6
49 years$827$461$244$125$62$5
50 years$802$440$229$115$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $821,000, adding $5,980 every year, while hoping to spend $20,103 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 53/22/25 Blend
66$821,000$821,000$821,000$821,000
67$910,910$867,397$854,672$952,579
68$982,434$888,510$861,914$1,003,114
69$1,060,579$909,984$868,725$1,055,520
70$1,146,000$931,815$875,069$1,112,139
71$1,239,417$953,999$880,909$1,173,381
72$1,341,623$976,531$886,205$1,239,698
73$1,453,491$999,403$890,915$1,311,587
74$1,575,983$1,022,610$894,997$1,389,597
75$1,710,157$1,046,142$898,403$1,474,334
76$1,857,181$1,069,990$901,087$1,566,463
77$2,018,337$1,094,144$902,997$1,666,718
78$2,195,040$1,118,590$904,081$1,775,910
79$2,388,848$1,143,315$904,282$1,894,931
80$2,601,477$1,168,304$903,542$2,024,765
81$2,834,817$1,193,540$901,799$2,166,494
82$3,090,949$1,219,004$898,990$2,321,315
83$3,372,166$1,244,675$895,047$2,490,545
84$3,680,995$1,270,532$889,899$2,675,635
85$4,020,218$1,296,549$883,471$2,878,186
86$4,392,899$1,322,700$875,687$3,099,962
87$4,802,417$1,348,954$866,464$3,342,907
88$5,252,491$1,375,280$855,718$3,609,165
89$5,747,219$1,401,643$843,360$3,901,099
90$6,291,118$1,428,006$829,294$4,221,313
91$6,889,161$1,454,328$813,425$4,572,678
92$7,546,830$1,480,564$795,649$4,958,358
93$8,270,163$1,506,667$775,859$5,381,843
94$9,065,812$1,532,587$753,943$5,846,976
95$9,941,109$1,558,268$729,784$6,357,997
96$10,904,129$1,583,650$703,259$6,919,577
97$11,963,772$1,608,671$674,240$7,536,866
98$13,129,842$1,633,261$642,593$8,215,540
99$14,413,143$1,657,348$608,177$8,961,857
100$15,825,579$1,680,853$570,845$9,782,712