Can I retire at age 67 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$212,228$210,338$208,493$206,693$204,935$198,217
2 years$105,063$103,107$101,210$99,372$97,588$90,883
3 years$69,347$67,381$65,490$63,668$61,914$55,433
4 years$51,492$49,532$47,660$45,870$44,158$37,951
5 years$40,781$38,834$36,986$35,232$33,568$27,652
6 years$33,644$31,711$29,890$28,175$26,561$20,940
7 years$28,547$26,631$24,839$23,165$21,601$16,275
8 years$24,727$22,828$21,065$19,432$17,920$12,885
9 years$21,757$19,875$18,144$16,552$15,092$10,341
10 years$19,382$17,519$15,818$14,268$12,859$8,386
11 years$17,440$15,596$13,926$12,417$11,059$6,855
12 years$15,824$13,998$12,359$10,892$9,583$5,639
13 years$14,457$12,650$11,042$9,616$8,357$4,663
14 years$13,286$11,499$9,921$8,536$7,326$3,871
15 years$12,272$10,505$8,957$7,612$6,450$3,224
16 years$11,386$9,638$8,121$6,816$5,701$2,693
17 years$10,605$8,876$7,390$6,124$5,055$2,254
18 years$9,912$8,202$6,746$5,519$4,494$1,891
19 years$9,292$7,601$6,176$4,987$4,006$1,588
20 years$8,735$7,064$5,668$4,517$3,578$1,336
21 years$8,231$6,579$5,213$4,099$3,202$1,125
22 years$7,774$6,142$4,805$3,727$2,870$948
23 years$7,358$5,744$4,436$3,394$2,576$799
24 years$6,976$5,382$4,103$3,096$2,316$674
25 years$6,626$5,051$3,800$2,827$2,084$569
26 years$6,303$4,747$3,524$2,585$1,877$481
27 years$6,005$4,467$3,273$2,366$1,692$406
28 years$5,728$4,209$3,042$2,168$1,527$344
29 years$5,471$3,971$2,831$1,988$1,379$290
30 years$5,231$3,750$2,637$1,825$1,246$246
31 years$5,008$3,545$2,459$1,676$1,126$208
32 years$4,799$3,355$2,294$1,540$1,019$176
33 years$4,602$3,177$2,142$1,416$922$149
34 years$4,418$3,011$2,001$1,303$835$126
35 years$4,245$2,856$1,871$1,199$756$107
36 years$4,082$2,711$1,750$1,105$685$90
37 years$3,928$2,574$1,638$1,018$621$76
38 years$3,782$2,447$1,534$938$563$65
39 years$3,644$2,327$1,437$865$510$55
40 years$3,514$2,213$1,347$798$463$46
41 years$3,390$2,107$1,263$736$420$39
42 years$3,272$2,007$1,185$679$381$33
43 years$3,160$1,912$1,112$627$346$28
44 years$3,054$1,822$1,044$579$314$24
45 years$2,952$1,738$980$535$285$20
46 years$2,855$1,658$920$494$259$17
47 years$2,763$1,582$865$456$235$14
48 years$2,674$1,510$813$422$213$12
49 years$2,590$1,442$764$390$194$10
50 years$2,509$1,378$718$360$176$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,570,000, adding $5,095 every year, while hoping to spend $57,811 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: 57/18/25 Blend
66$2,570,000$2,570,000$2,570,000$2,570,000
67$2,837,395$2,701,185$2,661,350$2,979,550
68$3,065,299$2,772,033$2,688,995$3,148,255
69$3,314,512$2,844,415$2,715,629$3,325,490
70$3,587,145$2,918,344$2,741,155$3,517,448
71$3,885,526$2,993,835$2,765,476$3,725,566
72$4,212,215$3,070,898$2,788,485$3,951,428
73$4,570,033$3,149,544$2,810,071$4,196,780
74$4,962,085$3,229,781$2,830,117$4,463,545
75$5,391,793$3,311,615$2,848,502$4,753,839
76$5,862,924$3,395,053$2,865,094$5,069,999
77$6,379,627$3,480,095$2,879,760$5,414,594
78$6,946,472$3,566,743$2,892,355$5,790,461
79$7,568,494$3,654,994$2,902,730$6,200,721
80$8,251,236$3,744,845$2,910,727$6,648,815
81$9,000,807$3,836,287$2,916,181$7,138,538
82$9,823,934$3,929,310$2,918,918$7,674,067
83$10,728,029$4,023,900$2,918,756$8,260,009
84$11,721,257$4,120,040$2,915,503$8,901,440
85$12,812,611$4,217,708$2,908,958$9,603,954
86$14,012,000$4,316,879$2,898,912$10,373,715
87$15,330,342$4,417,523$2,885,142$11,217,519
88$16,779,661$4,519,606$2,867,419$12,142,854
89$18,373,208$4,623,088$2,845,499$13,157,972
90$20,125,580$4,727,925$2,819,128$14,271,969
91$22,052,861$4,834,065$2,788,041$15,494,869
92$24,172,770$4,941,452$2,751,958$16,837,721
93$26,504,832$5,050,022$2,710,588$18,312,700
94$29,070,557$5,159,705$2,663,624$19,933,227
95$31,893,645$5,270,422$2,610,748$21,714,093
96$35,000,213$5,382,089$2,551,623$23,671,598
97$38,419,033$5,494,609$2,485,901$25,823,709
98$42,181,810$5,607,880$2,413,214$28,190,226
99$46,323,477$5,721,789$2,333,179$30,792,972
100$50,882,527$5,836,212$2,245,396$33,655,999