Can I retire at age 67 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$70,357$69,731$69,119$68,522$67,940$67,342
2 years$34,830$34,182$33,553$32,943$32,352$31,750
3 years$22,990$22,338$21,711$21,107$20,526$19,938
4 years$17,070$16,421$15,800$15,207$14,639$14,070
5 years$13,520$12,874$12,262$11,680$11,128$10,579
6 years$11,153$10,513$9,909$9,341$8,805$8,277
7 years$9,464$8,829$8,235$7,679$7,161$6,654
8 years$8,197$7,568$6,984$6,442$5,941$5,455
9 years$7,213$6,589$6,015$5,487$5,003$4,538
10 years$6,425$5,808$5,244$4,730$4,263$3,819
11 years$5,782$5,170$4,617$4,117$3,666$3,243
12 years$5,246$4,641$4,097$3,611$3,177$2,774
13 years$4,793$4,194$3,661$3,188$2,770$2,386
14 years$4,405$3,812$3,289$2,830$2,429$2,064
15 years$4,068$3,482$2,970$2,524$2,138$1,792
16 years$3,775$3,195$2,692$2,260$1,890$1,561
17 years$3,516$2,943$2,450$2,030$1,676$1,365
18 years$3,286$2,719$2,236$1,830$1,490$1,196
19 years$3,080$2,520$2,047$1,653$1,328$1,050
20 years$2,896$2,342$1,879$1,497$1,186$924
21 years$2,729$2,181$1,728$1,359$1,062$814
22 years$2,577$2,036$1,593$1,236$951$719
23 years$2,439$1,904$1,471$1,125$854$635
24 years$2,313$1,784$1,360$1,026$768$562
25 years$2,197$1,674$1,260$937$691$497
26 years$2,090$1,574$1,168$857$622$441
27 years$1,991$1,481$1,085$784$561$391
28 years$1,899$1,396$1,009$719$506$347
29 years$1,814$1,317$939$659$457$308
30 years$1,734$1,243$874$605$413$274
31 years$1,660$1,175$815$556$373$243
32 years$1,591$1,112$760$511$338$216
33 years$1,526$1,053$710$469$306$192
34 years$1,465$998$663$432$277$171
35 years$1,407$947$620$398$251$152
36 years$1,353$899$580$366$227$136
37 years$1,302$853$543$337$206$121
38 years$1,254$811$509$311$187$108
39 years$1,208$771$476$287$169$96
40 years$1,165$734$447$265$154$85
41 years$1,124$699$419$244$139$76
42 years$1,085$665$393$225$126$68
43 years$1,048$634$369$208$115$60
44 years$1,012$604$346$192$104$54
45 years$979$576$325$177$95$48
46 years$947$550$305$164$86$43
47 years$916$525$287$151$78$38
48 years$887$501$269$140$71$34
49 years$859$478$253$129$64$30
50 years$832$457$238$119$58$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $852,000, adding $6,037 every year, while hoping to spend $57,967 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: 57/36/7 Blend
66$852,000$852,000$852,000$852,000
67$945,131$899,975$886,769$997,208
68$979,858$882,398$854,799$1,015,376
69$1,016,184$862,016$819,816$1,028,118
70$1,054,212$838,631$781,657$1,040,569
71$1,094,051$812,034$740,152$1,052,708
72$1,135,822$782,001$695,124$1,064,514
73$1,179,654$748,297$646,389$1,075,964
74$1,225,687$710,673$593,752$1,087,041
75$1,274,077$668,865$537,012$1,097,725
76$1,324,988$622,594$475,957$1,108,003
77$1,378,602$571,567$410,367$1,117,859
78$1,435,116$515,470$340,011$1,127,285
79$1,494,746$453,976$264,649$1,136,273
80$1,557,725$386,736$184,030$1,144,821
81$1,624,309$313,382$97,891$1,152,932
82$1,694,777$233,527$5,959$1,160,616
83$1,769,434$146,759$0$1,167,888
84$1,848,612$52,646$0$1,181,654
85$1,932,675$0$0$1,195,989
86$2,022,022$0$0$1,230,031
87$2,117,086$0$0$1,288,482
88$2,218,344$0$0$1,350,784
89$2,326,318$0$0$1,417,264
90$2,441,580$0$0$1,488,278
91$2,564,754$0$0$1,564,220
92$2,696,527$0$0$1,645,517
93$2,837,651$0$0$1,732,642
94$2,988,952$0$0$1,826,112
95$3,151,334$0$0$1,926,492
96$3,325,790$0$0$2,034,406
97$3,513,411$0$0$2,150,536
98$3,715,393$0$0$2,275,634
99$3,933,052$0$0$2,410,522
100$4,167,830$0$0$2,556,106