Can I retire at age 67 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$144,513$143,226$141,970$140,744$139,547$135,135
2 years$71,541$70,209$68,918$67,666$66,451$62,045
3 years$47,220$45,882$44,594$43,354$42,159$37,899
4 years$35,062$33,728$32,453$31,234$30,068$25,986
5 years$27,769$26,443$25,185$23,991$22,858$18,963
6 years$22,909$21,593$20,353$19,186$18,086$14,384
7 years$19,439$18,134$16,914$15,774$14,709$11,199
8 years$16,837$15,544$14,344$13,232$12,203$8,882
9 years$14,815$13,534$12,355$11,271$10,276$7,141
10 years$13,198$11,929$10,771$9,716$8,756$5,802
11 years$11,876$10,620$9,483$8,455$7,530$4,752
12 years$10,775$9,532$8,416$7,417$6,526$3,917
13 years$9,844$8,614$7,519$6,548$5,691$3,245
14 years$9,047$7,830$6,756$5,812$4,988$2,700
15 years$8,357$7,153$6,099$5,184$4,392$2,254
16 years$7,753$6,563$5,530$4,641$3,882$1,886
17 years$7,221$6,044$5,032$4,170$3,442$1,583
18 years$6,749$5,585$4,594$3,758$3,060$1,330
19 years$6,327$5,176$4,205$3,396$2,728$1,120
20 years$5,948$4,810$3,859$3,076$2,436$944
21 years$5,605$4,480$3,550$2,791$2,180$797
22 years$5,294$4,182$3,272$2,538$1,954$673
23 years$5,010$3,911$3,021$2,311$1,754$569
24 years$4,750$3,665$2,794$2,108$1,577$481
25 years$4,512$3,439$2,588$1,925$1,419$407
26 years$4,292$3,232$2,400$1,760$1,278$345
27 years$4,089$3,042$2,229$1,611$1,152$292
28 years$3,900$2,866$2,072$1,476$1,040$247
29 years$3,725$2,704$1,928$1,354$939$210
30 years$3,562$2,554$1,796$1,242$848$178
31 years$3,410$2,414$1,674$1,141$767$151
32 years$3,268$2,284$1,562$1,049$694$128
33 years$3,134$2,163$1,458$964$628$108
34 years$3,009$2,050$1,363$887$568$92
35 years$2,891$1,945$1,274$817$515$78
36 years$2,779$1,846$1,192$752$467$66
37 years$2,674$1,753$1,116$693$423$56
38 years$2,575$1,666$1,045$639$383$48
39 years$2,481$1,584$979$589$348$40
40 years$2,393$1,507$917$543$315$34
41 years$2,308$1,435$860$501$286$29
42 years$2,228$1,366$807$463$260$25
43 years$2,152$1,302$757$427$236$21
44 years$2,079$1,241$711$394$214$18
45 years$2,010$1,183$667$364$194$15
46 years$1,944$1,129$627$336$176$13
47 years$1,881$1,077$589$311$160$11
48 years$1,821$1,028$553$287$145$9
49 years$1,764$982$520$265$132$8
50 years$1,709$938$489$245$120$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $1,750,000, adding $4,101 every year, while hoping to spend $42,823 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: 66/10/24 Blend
66$1,750,000$1,750,000$1,750,000$1,750,000
67$1,932,730$1,839,980$1,812,855$2,048,048
68$2,084,305$1,884,576$1,828,022$2,170,729
69$2,249,906$1,929,922$1,842,263$2,299,577
70$2,430,917$1,976,009$1,855,499$2,439,467
71$2,628,865$2,022,827$1,867,653$2,591,486
72$2,845,428$2,070,364$1,878,638$2,756,835
73$3,082,455$2,118,606$1,888,366$2,936,833
74$3,341,983$2,167,535$1,896,744$3,132,939
75$3,626,255$2,217,134$1,903,674$3,346,756
76$3,937,738$2,267,379$1,909,053$3,580,052
77$4,279,154$2,318,247$1,912,773$3,834,777
78$4,653,497$2,369,710$1,914,719$4,113,078
79$5,064,066$2,421,738$1,914,775$4,417,321
80$5,514,494$2,474,296$1,912,813$4,750,115
81$6,008,783$2,527,348$1,908,703$5,114,334
82$6,551,341$2,580,851$1,902,307$5,513,146
83$7,147,025$2,634,759$1,893,482$5,950,043
84$7,801,184$2,689,024$1,882,075$6,428,872
85$8,519,709$2,743,591$1,867,929$6,953,874
86$9,309,092$2,798,400$1,850,877$7,529,723
87$10,176,484$2,853,386$1,830,746$8,161,571
88$11,129,762$2,908,479$1,807,353$8,855,094
89$12,177,607$2,963,603$1,780,508$9,616,550
90$13,329,578$3,018,675$1,750,011$10,452,836
91$14,596,211$3,073,606$1,715,652$11,371,551
92$15,989,112$3,128,300$1,677,214$12,381,074
93$17,521,067$3,182,652$1,634,466$13,490,636
94$19,206,165$3,236,552$1,587,170$14,710,415
95$21,059,929$3,289,878$1,535,075$16,051,624
96$23,099,461$3,342,501$1,477,919$17,526,626
97$25,343,604$3,394,282$1,415,428$19,149,042
98$27,813,123$3,445,072$1,347,315$20,933,889
99$30,530,893$3,494,712$1,273,282$22,897,713
100$33,522,121$3,543,031$1,193,015$25,058,754