Can I retire at age 67 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$72,339$71,695$71,066$70,453$69,853$69,326
2 years$35,812$35,145$34,498$33,871$33,264$32,732
3 years$23,637$22,967$22,323$21,702$21,104$20,584
4 years$17,551$16,883$16,245$15,635$15,051$14,548
5 years$13,901$13,237$12,607$12,009$11,442$10,956
6 years$11,468$10,809$10,188$9,604$9,054$8,586
7 years$9,730$9,077$8,466$7,896$7,363$6,914
8 years$8,428$7,781$7,180$6,624$6,108$5,678
9 years$7,416$6,775$6,184$5,642$5,144$4,732
10 years$6,606$5,972$5,392$4,863$4,383$3,989
11 years$5,945$5,316$4,747$4,233$3,770$3,393
12 years$5,394$4,771$4,213$3,713$3,267$2,908
13 years$4,928$4,312$3,764$3,278$2,849$2,507
14 years$4,529$3,919$3,382$2,909$2,497$2,172
15 years$4,183$3,581$3,053$2,595$2,199$1,890
16 years$3,881$3,285$2,768$2,323$1,943$1,650
17 years$3,615$3,025$2,519$2,087$1,723$1,445
18 years$3,378$2,796$2,299$1,881$1,532$1,269
19 years$3,167$2,591$2,105$1,700$1,365$1,117
20 years$2,977$2,408$1,932$1,540$1,220$985
21 years$2,806$2,243$1,777$1,397$1,091$870
22 years$2,650$2,093$1,638$1,270$978$769
23 years$2,508$1,958$1,512$1,157$878$681
24 years$2,378$1,834$1,399$1,055$789$604
25 years$2,258$1,722$1,295$964$710$536
26 years$2,148$1,618$1,201$881$640$476
27 years$2,047$1,523$1,116$807$577$423
28 years$1,952$1,435$1,037$739$520$377
29 years$1,865$1,354$965$678$470$335
30 years$1,783$1,278$899$622$425$299
31 years$1,707$1,208$838$571$384$266
32 years$1,636$1,143$782$525$347$237
33 years$1,569$1,083$730$483$314$211
34 years$1,506$1,026$682$444$285$189
35 years$1,447$973$638$409$258$168
36 years$1,391$924$597$377$234$150
37 years$1,339$878$558$347$212$134
38 years$1,289$834$523$320$192$120
39 years$1,242$793$490$295$174$107
40 years$1,198$754$459$272$158$96
41 years$1,155$718$431$251$143$85
42 years$1,115$684$404$232$130$76
43 years$1,077$652$379$214$118$68
44 years$1,041$621$356$197$107$61
45 years$1,006$592$334$182$97$54
46 years$973$565$314$168$88$49
47 years$942$539$295$156$80$43
48 years$912$515$277$144$73$39
49 years$883$492$260$133$66$35
50 years$855$470$245$123$60$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $876,000, adding $6,435 every year, while hoping to spend $43,045 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: 72/21/7 Blend
66$876,000$876,000$876,000$876,000
67$971,990$925,562$911,984$1,040,514
68$1,025,333$925,115$896,736$1,086,150
69$1,082,675$923,203$879,534$1,130,106
70$1,144,377$919,710$860,268$1,177,028
71$1,210,838$914,510$838,822$1,227,196
72$1,282,495$907,472$815,073$1,280,919
73$1,359,828$898,457$788,896$1,338,539
74$1,443,364$887,314$760,158$1,400,431
75$1,533,682$873,888$728,719$1,467,011
76$1,631,421$858,012$694,434$1,538,737
77$1,737,280$839,509$657,152$1,616,116
78$1,852,030$818,192$616,713$1,699,706
79$1,976,516$793,863$572,953$1,790,122
80$2,111,671$766,312$525,697$1,888,047
81$2,258,519$735,319$474,765$1,994,230
82$2,418,186$700,648$419,968$2,109,500
83$2,591,913$662,051$361,108$2,234,772
84$2,781,061$619,265$297,979$2,371,056
85$2,987,134$572,013$230,366$2,519,465
86$3,211,782$520,002$158,043$2,681,230
87$3,456,822$462,920$80,776$2,857,708
88$3,724,256$400,442$0$3,050,396
89$4,016,285$332,219$0$3,261,072
90$4,335,335$257,886$0$3,497,882
91$4,684,073$177,056$0$3,756,818
92$5,065,438$89,322$0$4,040,122
93$5,482,666$0$0$4,350,265
94$5,939,318$0$0$4,691,304
95$6,439,318$0$0$5,087,356
96$6,986,984$0$0$5,521,208
97$7,587,074$0$0$5,996,633
98$8,244,828$0$0$6,517,789
99$8,966,014$0$0$7,089,251
100$9,756,988$0$0$7,716,062