Can I retire at age 68 with 767,000?

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 $767,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$63,338$62,774$62,224$61,686$61,162$60,853
2 years$31,356$30,772$30,206$29,657$29,125$28,813
3 years$20,696$20,110$19,545$19,001$18,478$18,173
4 years$15,367$14,783$14,224$13,689$13,179$12,883
5 years$12,171$11,590$11,038$10,515$10,018$9,732
6 years$10,041$9,464$8,921$8,409$7,927$7,652
7 years$8,520$7,948$7,413$6,913$6,447$6,182
8 years$7,380$6,813$6,287$5,799$5,348$5,094
9 years$6,493$5,932$5,415$4,940$4,504$4,260
10 years$5,784$5,229$4,721$4,258$3,838$3,604
11 years$5,205$4,655$4,156$3,706$3,300$3,077
12 years$4,722$4,178$3,688$3,251$2,860$2,647
13 years$4,314$3,775$3,295$2,870$2,494$2,291
14 years$3,965$3,432$2,961$2,547$2,186$1,993
15 years$3,663$3,135$2,673$2,272$1,925$1,741
16 years$3,398$2,876$2,424$2,034$1,701$1,526
17 years$3,165$2,649$2,206$1,828$1,508$1,342
18 years$2,958$2,448$2,013$1,647$1,341$1,183
19 years$2,773$2,269$1,843$1,488$1,196$1,046
20 years$2,607$2,108$1,692$1,348$1,068$926
21 years$2,457$1,964$1,556$1,223$956$822
22 years$2,320$1,833$1,434$1,112$857$730
23 years$2,196$1,714$1,324$1,013$769$650
24 years$2,082$1,606$1,224$924$691$579
25 years$1,977$1,507$1,134$844$622$516
26 years$1,881$1,417$1,052$772$560$460
27 years$1,792$1,333$977$706$505$411
28 years$1,709$1,256$908$647$456$368
29 years$1,633$1,185$845$593$412$329
30 years$1,561$1,119$787$545$372$294
31 years$1,495$1,058$734$500$336$263
32 years$1,432$1,001$685$460$304$236
33 years$1,374$948$639$423$275$212
34 years$1,319$899$597$389$249$190
35 years$1,267$852$558$358$226$170
36 years$1,218$809$522$330$204$153
37 years$1,172$768$489$304$185$137
38 years$1,129$730$458$280$168$123
39 years$1,088$694$429$258$152$110
40 years$1,049$661$402$238$138$99
41 years$1,012$629$377$220$125$89
42 years$977$599$354$203$114$80
43 years$943$571$332$187$103$72
44 years$911$544$311$173$94$64
45 years$881$519$292$160$85$58
46 years$852$495$275$147$77$52
47 years$825$472$258$136$70$47
48 years$798$451$243$126$64$42
49 years$773$430$228$116$58$38
50 years$749$411$214$108$53$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $767,000, adding $3,073 every year, while hoping to spend $44,456 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: 44/31/25 Blend
67$767,000$767,000$767,000$767,000
68$848,404$807,753$795,864$879,462
69$887,640$800,032$775,225$894,098
70$929,389$790,443$752,404$905,428
71$973,859$778,847$727,282$916,834
72$1,021,279$765,097$699,733$928,346
73$1,071,901$749,038$669,626$940,003
74$1,126,000$730,506$636,823$951,848
75$1,183,877$709,326$601,182$963,934
76$1,245,863$685,313$562,551$976,323
77$1,312,320$658,273$520,776$989,086
78$1,383,646$627,998$475,691$1,002,307
79$1,460,278$594,269$427,127$1,016,083
80$1,542,694$556,856$374,904$1,030,525
81$1,631,421$515,515$318,835$1,045,760
82$1,727,037$469,985$258,727$1,061,934
83$1,830,175$419,995$194,375$1,079,213
84$1,941,533$365,256$125,567$1,097,787
85$2,061,878$305,461$52,081$1,117,870
86$2,192,050$240,289$0$1,139,707
87$2,332,975$169,400$0$1,170,600
88$2,485,671$92,433$0$1,219,115
89$2,651,256$9,008$0$1,271,765
90$2,830,960$0$0$1,329,015
91$3,026,136$0$0$1,419,107
92$3,238,272$0$0$1,520,449
93$3,469,005$0$0$1,630,761
94$3,720,137$0$0$1,750,914
95$3,993,649$0$0$1,881,867
96$4,291,721$0$0$2,024,678
97$4,616,755$0$0$2,180,507
98$4,971,392$0$0$2,350,634
99$5,358,539$0$0$2,536,467
100$5,781,397$0$0$2,739,557