Can I retire at age 67 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$76,468$75,787$75,123$74,474$73,841$73,344
2 years$37,856$37,151$36,467$35,805$35,162$34,662
3 years$24,986$24,278$23,597$22,940$22,308$21,819
4 years$18,553$17,847$17,172$16,527$15,910$15,436
5 years$14,694$13,992$13,326$12,695$12,095$11,637
6 years$12,122$11,426$10,770$10,152$9,570$9,130
7 years$10,286$9,595$8,950$8,346$7,783$7,360
8 years$8,909$8,225$7,590$7,002$6,457$6,051
9 years$7,839$7,161$6,537$5,964$5,438$5,049
10 years$6,984$6,312$5,699$5,141$4,633$4,261
11 years$6,284$5,620$5,018$4,474$3,985$3,629
12 years$5,701$5,044$4,453$3,924$3,453$3,114
13 years$5,209$4,558$3,978$3,465$3,011$2,688
14 years$4,787$4,143$3,575$3,076$2,640$2,332
15 years$4,422$3,785$3,227$2,743$2,324$2,032
16 years$4,103$3,473$2,926$2,456$2,054$1,776
17 years$3,821$3,198$2,663$2,207$1,821$1,558
18 years$3,571$2,955$2,431$1,989$1,619$1,370
19 years$3,348$2,739$2,225$1,797$1,443$1,207
20 years$3,147$2,545$2,042$1,627$1,289$1,066
21 years$2,966$2,371$1,878$1,477$1,154$943
22 years$2,801$2,213$1,731$1,343$1,034$835
23 years$2,651$2,070$1,598$1,223$928$741
24 years$2,514$1,939$1,478$1,115$834$658
25 years$2,387$1,820$1,369$1,019$751$585
26 years$2,271$1,710$1,270$931$676$520
27 years$2,164$1,610$1,179$853$610$463
28 years$2,064$1,517$1,096$781$550$413
29 years$1,971$1,431$1,020$716$497$368
30 years$1,885$1,351$950$657$449$328
31 years$1,804$1,277$886$604$406$293
32 years$1,729$1,209$827$555$367$262
33 years$1,658$1,145$772$510$332$234
34 years$1,592$1,085$721$469$301$209
35 years$1,530$1,029$674$432$272$187
36 years$1,471$977$631$398$247$167
37 years$1,415$928$590$367$224$149
38 years$1,363$882$553$338$203$133
39 years$1,313$838$518$312$184$119
40 years$1,266$798$485$287$167$107
41 years$1,221$759$455$265$151$96
42 years$1,179$723$427$245$137$86
43 years$1,139$689$401$226$125$77
44 years$1,100$657$376$209$113$69
45 years$1,064$626$353$193$103$61
46 years$1,029$597$332$178$93$55
47 years$995$570$312$164$85$49
48 years$964$544$293$152$77$44
49 years$933$520$275$140$70$39
50 years$904$496$259$130$63$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $926,000, adding $3,300 every year, while hoping to spend $49,793 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: 27/47/26 Blend
66$926,000$926,000$926,000$926,000
67$1,023,856$974,778$960,425$1,043,107
68$1,075,310$969,563$939,620$1,053,597
69$1,130,343$962,423$916,449$1,060,324
70$1,189,269$953,212$890,780$1,066,520
71$1,252,429$941,774$862,476$1,072,173
72$1,320,200$927,944$831,392$1,077,275
73$1,392,994$911,548$797,378$1,081,822
74$1,471,264$892,398$760,275$1,085,816
75$1,555,508$870,301$719,919$1,089,262
76$1,646,272$845,047$676,138$1,092,175
77$1,744,154$816,417$628,751$1,094,577
78$1,849,814$784,178$577,571$1,096,498
79$1,963,976$748,083$522,400$1,097,981
80$2,087,435$707,873$463,034$1,099,076
81$2,221,065$663,271$399,258$1,099,853
82$2,365,828$613,986$330,847$1,100,392
83$2,522,781$559,709$257,569$1,100,794
84$2,693,086$500,116$179,179$1,101,178
85$2,878,020$434,861$95,421$1,101,687
86$3,078,991$363,582$6,030$1,102,489
87$3,297,544$285,893$0$1,103,778
88$3,535,381$201,390$0$1,130,577
89$3,794,374$109,642$0$1,161,753
90$4,076,584$10,198$0$1,196,023
91$4,384,277$0$0$1,233,823
92$4,719,949$0$0$1,326,033
93$5,086,347$0$0$1,432,583
94$5,486,494$0$0$1,549,097
95$5,923,718$0$0$1,676,563
96$6,401,683$0$0$1,816,068
97$6,924,423$0$0$1,968,811
98$7,496,381$0$0$2,136,109
99$8,122,447$0$0$2,319,417
100$8,808,007$0$0$2,520,332