Can I retire at age 67 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$322,058$319,190$316,391$313,659$310,991$308,644
2 years$159,435$156,466$153,588$150,798$148,091$145,724
3 years$105,234$102,252$99,381$96,617$93,955$91,642
4 years$78,139$75,166$72,324$69,607$67,010$64,768
5 years$61,886$58,931$56,127$53,465$50,940$48,777
6 years$51,055$48,122$45,359$42,757$40,307$38,225
7 years$43,321$40,412$37,693$35,153$32,780$30,781
8 years$37,523$34,641$31,967$29,489$27,194$25,277
9 years$33,016$30,161$27,533$25,118$22,902$21,066
10 years$29,412$26,586$24,004$21,652$19,513$17,759
11 years$26,466$23,668$21,133$18,843$16,782$15,107
12 years$24,013$21,243$18,755$16,528$14,543$12,946
13 years$21,938$19,197$16,756$14,592$12,682$11,161
14 years$20,161$17,450$15,055$12,953$11,117$9,670
15 years$18,623$15,941$13,593$11,552$9,788$8,413
16 years$17,278$14,625$12,324$10,343$8,651$7,346
17 years$16,093$13,469$11,214$9,294$7,670$6,434
18 years$15,041$12,446$10,237$8,375$6,820$5,650
19 years$14,100$11,535$9,372$7,568$6,079$4,972
20 years$13,255$10,719$8,601$6,854$5,430$4,384
21 years$12,491$9,984$7,911$6,221$4,859$3,872
22 years$11,797$9,320$7,291$5,656$4,355$3,425
23 years$11,165$8,717$6,732$5,151$3,910$3,033
24 years$10,586$8,167$6,226$4,698$3,514$2,690
25 years$10,055$7,664$5,767$4,290$3,162$2,387
26 years$9,565$7,203$5,348$3,923$2,848$2,120
27 years$9,112$6,779$4,966$3,591$2,568$1,885
28 years$8,692$6,388$4,617$3,290$2,317$1,677
29 years$8,302$6,026$4,296$3,017$2,092$1,493
30 years$7,939$5,691$4,002$2,769$1,891$1,329
31 years$7,599$5,380$3,731$2,543$1,709$1,185
32 years$7,282$5,091$3,481$2,337$1,546$1,056
33 years$6,984$4,821$3,250$2,149$1,399$942
34 years$6,705$4,569$3,037$1,977$1,267$840
35 years$6,442$4,334$2,839$1,820$1,147$749
36 years$6,194$4,113$2,656$1,676$1,040$669
37 years$5,960$3,907$2,486$1,545$942$597
38 years$5,739$3,713$2,328$1,424$854$533
39 years$5,530$3,531$2,181$1,313$775$476
40 years$5,332$3,359$2,044$1,211$703$425
41 years$5,144$3,197$1,917$1,117$637$380
42 years$4,965$3,045$1,798$1,031$578$339
43 years$4,795$2,901$1,687$952$525$303
44 years$4,634$2,766$1,584$879$477$271
45 years$4,480$2,637$1,487$812$433$242
46 years$4,333$2,516$1,397$750$393$217
47 years$4,193$2,401$1,312$693$357$194
48 years$4,059$2,292$1,233$640$324$173
49 years$3,930$2,189$1,159$591$294$155
50 years$3,808$2,091$1,090$547$267$138

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $3,900,000, adding $4,771 every year, while hoping to spend $36,839 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: 31/42/27 Blend
66$3,900,000$3,900,000$3,900,000$3,900,000
67$4,302,721$4,096,021$4,035,571$4,400,325
68$4,702,402$4,257,530$4,131,567$4,637,511
69$5,141,616$4,425,718$4,229,543$4,889,071
70$5,624,357$4,600,873$4,329,528$5,159,133
71$6,155,023$4,783,298$4,431,549$5,449,340
72$6,738,461$4,973,306$4,535,632$5,761,495
73$7,380,013$5,171,227$4,641,805$6,097,575
74$8,085,562$5,377,404$4,750,092$6,459,747
75$8,861,589$5,592,196$4,860,520$6,850,392
76$9,715,236$5,815,980$4,973,113$7,272,122
77$10,654,374$6,049,146$5,087,896$7,727,805
78$11,687,671$6,292,105$5,204,891$8,220,590
79$12,824,681$6,545,286$5,324,123$8,753,936
80$14,075,929$6,809,136$5,445,612$9,331,642
81$15,453,014$7,084,123$5,569,379$9,957,881
82$16,968,713$7,370,736$5,695,445$10,637,242
83$18,637,107$7,669,488$5,823,828$11,374,764
84$20,473,711$7,980,913$5,954,546$12,175,989
85$22,495,622$8,305,569$6,087,614$13,047,007
86$24,721,675$8,644,041$6,223,049$13,994,516
87$27,172,627$8,996,941$6,360,863$15,025,880
88$29,871,352$9,364,908$6,501,068$16,149,197
89$32,843,050$9,748,608$6,643,675$17,373,373
90$36,115,493$10,148,743$6,788,690$18,708,207
91$39,719,283$10,566,040$6,936,120$20,164,476
92$43,688,140$11,001,266$7,085,970$21,754,038
93$48,059,220$11,455,219$7,238,241$23,489,939
94$52,873,471$11,928,734$7,392,932$25,386,534
95$58,176,009$12,422,687$7,550,039$27,459,622
96$64,016,554$12,937,990$7,709,557$29,726,589
97$70,449,892$13,475,601$7,871,477$32,206,570
98$77,536,395$14,036,520$8,035,786$34,920,626
99$85,342,591$14,621,793$8,202,469$37,891,942
100$93,941,790$15,232,516$8,371,506$41,146,039