Can I retire at age 67 with 827,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$68,293$67,685$67,091$66,512$65,946$64,170
2 years$33,808$33,179$32,568$31,977$31,403$29,626
3 years$22,315$21,683$21,074$20,488$19,923$18,201
4 years$16,569$15,939$15,336$14,760$14,209$12,556
5 years$13,123$12,496$11,902$11,337$10,802$9,221
6 years$10,826$10,204$9,618$9,067$8,547$7,040
7 years$9,186$8,570$7,993$7,454$6,951$5,519
8 years$7,957$7,346$6,779$6,253$5,767$4,408
9 years$7,001$6,396$5,838$5,326$4,856$3,570
10 years$6,237$5,638$5,090$4,591$4,138$2,922
11 years$5,612$5,019$4,481$3,996$3,559$2,412
12 years$5,092$4,505$3,977$3,505$3,084$2,004
13 years$4,652$4,071$3,553$3,094$2,689$1,674
14 years$4,275$3,700$3,193$2,747$2,357$1,404
15 years$3,949$3,380$2,882$2,450$2,076$1,182
16 years$3,664$3,101$2,613$2,193$1,834$998
17 years$3,413$2,856$2,378$1,971$1,627$845
18 years$3,189$2,639$2,171$1,776$1,446$716
19 years$2,990$2,446$1,987$1,605$1,289$609
20 years$2,811$2,273$1,824$1,453$1,151$518
21 years$2,649$2,117$1,678$1,319$1,030$441
22 years$2,502$1,976$1,546$1,199$924$376
23 years$2,368$1,848$1,428$1,092$829$321
24 years$2,245$1,732$1,320$996$745$274
25 years$2,132$1,625$1,223$910$671$234
26 years$2,028$1,527$1,134$832$604$200
27 years$1,932$1,438$1,053$761$545$171
28 years$1,843$1,355$979$698$491$146
29 years$1,760$1,278$911$640$444$125
30 years$1,683$1,207$849$587$401$107
31 years$1,611$1,141$791$539$362$92
32 years$1,544$1,079$738$496$328$79
33 years$1,481$1,022$689$456$297$67
34 years$1,422$969$644$419$269$58
35 years$1,366$919$602$386$243$50
36 years$1,313$872$563$355$220$42
37 years$1,264$828$527$328$200$36
38 years$1,217$787$494$302$181$31
39 years$1,173$749$463$278$164$27
40 years$1,131$712$434$257$149$23
41 years$1,091$678$406$237$135$20
42 years$1,053$646$381$219$123$17
43 years$1,017$615$358$202$111$14
44 years$983$586$336$186$101$12
45 years$950$559$315$172$92$11
46 years$919$533$296$159$83$9
47 years$889$509$278$147$76$8
48 years$861$486$261$136$69$7
49 years$833$464$246$125$62$6
50 years$807$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $827,000, adding $2,486 every year, while hoping to spend $27,252 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: 58/33/9 Blend
66$827,000$827,000$827,000$827,000
67$913,918$870,087$857,269$964,876
68$978,142$883,726$856,991$1,013,093
69$1,048,003$897,119$855,791$1,062,342
70$1,124,048$910,226$853,609$1,115,355
71$1,206,878$923,004$850,382$1,172,496
72$1,297,154$935,406$846,044$1,234,165
73$1,395,604$947,381$840,526$1,300,803
74$1,503,029$958,876$833,758$1,372,898
75$1,620,311$969,835$825,662$1,450,987
76$1,748,422$980,195$816,161$1,535,662
77$1,888,429$989,893$805,170$1,627,576
78$2,041,510$998,859$792,604$1,727,448
79$2,208,959$1,007,018$778,371$1,836,073
80$2,392,203$1,014,292$762,377$1,954,326
81$2,592,813$1,020,598$744,522$2,083,174
82$2,812,518$1,025,845$724,702$2,223,681
83$3,053,224$1,029,940$702,808$2,377,022
84$3,317,026$1,032,781$678,726$2,544,491
85$3,606,237$1,034,261$652,337$2,727,518
86$3,923,399$1,034,266$623,517$2,927,678
87$4,271,316$1,032,675$592,134$3,146,708
88$4,653,074$1,029,360$558,054$3,386,524
89$5,072,072$1,024,184$521,134$3,649,238
90$5,532,057$1,017,002$481,226$3,937,181
91$6,037,153$1,007,661$438,173$4,252,921
92$6,591,905$995,999$391,814$4,599,293
93$7,201,319$981,843$341,979$4,979,421
94$7,870,909$965,009$288,492$5,396,750
95$8,606,753$945,305$231,167$5,855,079
96$9,415,542$922,526$169,812$6,358,597
97$10,304,651$896,453$104,224$6,911,924
98$11,282,204$866,858$34,194$7,520,154
99$12,357,152$833,497$0$8,188,903
100$13,539,355$796,112$0$8,928,256