Can I retire at age 67 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$221,312$219,341$217,417$215,540$213,707$209,307
2 years$109,560$107,520$105,542$103,625$101,765$97,352
3 years$72,315$70,265$68,293$66,394$64,564$60,275
4 years$53,696$51,653$49,700$47,833$46,048$41,917
5 years$42,527$40,496$38,569$36,740$35,005$31,043
6 years$35,084$33,068$31,170$29,381$27,698$23,911
7 years$29,769$27,771$25,902$24,156$22,526$18,913
8 years$25,785$23,805$21,967$20,264$18,687$15,248
9 years$22,688$20,726$18,920$17,260$15,737$12,469
10 years$20,212$18,269$16,495$14,879$13,409$10,309
11 years$18,187$16,264$14,522$12,949$11,532$8,596
12 years$16,501$14,598$12,888$11,358$9,994$7,217
13 years$15,075$13,192$11,514$10,027$8,715$6,093
14 years$13,855$11,991$10,346$8,901$7,639$5,167
15 years$12,797$10,954$9,341$7,938$6,726$4,399
16 years$11,873$10,050$8,469$7,108$5,945$3,757
17 years$11,059$9,256$7,706$6,386$5,271$3,216
18 years$10,336$8,553$7,035$5,755$4,687$2,760
19 years$9,689$7,927$6,440$5,200$4,177$2,373
20 years$9,108$7,366$5,910$4,710$3,731$2,043
21 years$8,584$6,861$5,436$4,275$3,339$1,762
22 years$8,107$6,404$5,011$3,887$2,993$1,521
23 years$7,672$5,990$4,626$3,540$2,687$1,314
24 years$7,275$5,612$4,279$3,228$2,415$1,136
25 years$6,909$5,267$3,963$2,948$2,173$984
26 years$6,573$4,950$3,675$2,696$1,957$852
27 years$6,262$4,658$3,413$2,468$1,765$738
28 years$5,973$4,390$3,173$2,261$1,592$640
29 years$5,705$4,141$2,952$2,073$1,438$555
30 years$5,455$3,911$2,750$1,903$1,299$481
31 years$5,222$3,697$2,564$1,747$1,175$418
32 years$5,004$3,498$2,392$1,606$1,062$363
33 years$4,799$3,313$2,234$1,477$962$315
34 years$4,607$3,140$2,087$1,359$871$273
35 years$4,427$2,978$1,951$1,251$789$238
36 years$4,256$2,827$1,825$1,152$714$206
37 years$4,096$2,685$1,708$1,061$648$179
38 years$3,944$2,551$1,600$978$587$156
39 years$3,800$2,426$1,499$902$532$135
40 years$3,664$2,308$1,405$832$483$118
41 years$3,535$2,197$1,317$768$438$102
42 years$3,412$2,093$1,236$708$397$89
43 years$3,295$1,994$1,160$654$361$77
44 years$3,184$1,900$1,088$604$327$67
45 years$3,078$1,812$1,022$558$297$58
46 years$2,977$1,729$960$515$270$51
47 years$2,881$1,650$902$476$245$44
48 years$2,789$1,575$847$440$223$38
49 years$2,701$1,504$797$406$202$33
50 years$2,617$1,437$749$376$184$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $2,680,000, adding $5,980 every year, while hoping to spend $50,085 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: 52/19/29 Blend
66$2,680,000$2,680,000$2,680,000$2,680,000
67$2,959,528$2,817,488$2,775,948$3,089,031
68$3,208,110$2,902,255$2,815,653$3,264,558
69$3,480,369$2,989,497$2,855,008$3,449,877
70$3,778,666$3,079,282$2,893,951$3,650,505
71$4,105,604$3,171,681$2,932,412$3,867,926
72$4,464,047$3,266,765$2,970,319$4,103,773
73$4,857,151$3,364,607$3,007,596$4,359,848
74$5,288,391$3,465,284$3,044,161$4,638,132
75$5,761,596$3,568,872$3,079,930$4,940,809
76$6,280,982$3,675,449$3,114,810$5,270,285
77$6,851,194$3,785,098$3,148,709$5,629,208
78$7,477,348$3,897,901$3,181,523$6,020,497
79$8,165,082$4,013,942$3,213,148$6,447,368
80$8,920,603$4,133,308$3,243,471$6,913,361
81$9,750,751$4,256,087$3,272,374$7,422,378
82$10,663,063$4,382,370$3,299,734$7,978,720
83$11,665,839$4,512,250$3,325,419$8,587,122
84$12,768,225$4,645,821$3,349,291$9,252,803
85$13,980,298$4,783,179$3,371,205$9,981,513
86$15,313,157$4,924,425$3,391,010$10,779,587
87$16,779,035$5,069,657$3,408,545$11,654,007
88$18,391,407$5,218,980$3,423,641$12,612,464
89$20,165,118$5,372,499$3,436,121$13,663,435
90$22,116,529$5,530,320$3,445,800$14,816,260
91$24,263,663$5,692,553$3,452,482$16,081,230
92$26,626,379$5,859,310$3,455,962$17,469,687
93$29,226,558$6,030,705$3,456,025$18,994,128
94$32,088,310$6,206,853$3,452,446$20,668,324
95$35,238,201$6,387,873$3,444,986$22,507,452
96$38,705,503$6,573,884$3,433,399$24,528,235
97$42,522,470$6,765,010$3,417,423$26,749,103
98$46,724,641$6,961,374$3,396,786$29,190,365
99$51,351,177$7,163,104$3,371,201$31,874,400
100$56,445,229$7,370,328$3,340,368$34,825,873