Can I retire at age 67 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$43,519$43,132$42,753$42,384$42,024$40,517
2 years$21,544$21,143$20,754$20,377$20,011$18,509
3 years$14,220$13,817$13,429$13,056$12,696$11,246
4 years$10,559$10,157$9,773$9,406$9,055$7,668
5 years$8,363$7,963$7,584$7,225$6,883$5,564
6 years$6,899$6,503$6,129$5,778$5,447$4,195
7 years$5,854$5,461$5,093$4,750$4,430$3,245
8 years$5,070$4,681$4,320$3,985$3,675$2,557
9 years$4,461$4,076$3,720$3,394$3,095$2,042
10 years$3,974$3,592$3,244$2,926$2,637$1,648
11 years$3,576$3,198$2,856$2,546$2,268$1,340
12 years$3,245$2,870$2,534$2,233$1,965$1,097
13 years$2,964$2,594$2,264$1,972$1,714$902
14 years$2,724$2,358$2,034$1,750$1,502$744
15 years$2,517$2,154$1,837$1,561$1,323$617
16 years$2,335$1,976$1,665$1,398$1,169$512
17 years$2,175$1,820$1,515$1,256$1,036$426
18 years$2,032$1,682$1,383$1,132$922$355
19 years$1,905$1,559$1,266$1,023$821$297
20 years$1,791$1,448$1,162$926$734$248
21 years$1,688$1,349$1,069$841$657$207
22 years$1,594$1,259$985$764$589$174
23 years$1,509$1,178$910$696$528$146
24 years$1,431$1,104$841$635$475$122
25 years$1,359$1,036$779$580$427$102
26 years$1,292$973$723$530$385$86
27 years$1,231$916$671$485$347$72
28 years$1,175$863$624$445$313$61
29 years$1,122$814$581$408$283$51
30 years$1,073$769$541$374$255$43
31 years$1,027$727$504$344$231$36
32 years$984$688$470$316$209$30
33 years$944$651$439$290$189$25
34 years$906$617$410$267$171$21
35 years$870$586$384$246$155$18
36 years$837$556$359$227$140$15
37 years$805$528$336$209$127$13
38 years$776$502$315$192$115$11
39 years$747$477$295$177$105$9
40 years$720$454$276$164$95$8
41 years$695$432$259$151$86$6
42 years$671$411$243$139$78$5
43 years$648$392$228$129$71$4
44 years$626$374$214$119$64$4
45 years$605$356$201$110$58$3
46 years$585$340$189$101$53$3
47 years$567$324$177$94$48$2
48 years$548$310$167$86$44$2
49 years$531$296$157$80$40$2
50 years$515$283$147$74$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $527,000, adding $5,693 every year, while hoping to spend $41,462 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: 63/25/12 Blend
66$527,000$527,000$527,000$527,000
67$586,626$558,695$550,527$621,592
68$602,347$541,956$524,854$628,958
69$618,281$523,007$496,932$631,701
70$634,408$501,696$466,641$633,667
71$650,701$477,862$433,857$634,781
72$667,130$451,336$398,449$634,962
73$683,662$421,936$360,282$634,123
74$700,258$389,473$319,213$632,168
75$716,873$353,746$275,095$628,997
76$733,455$314,541$227,773$624,498
77$749,949$271,634$177,084$618,554
78$766,287$224,788$122,860$611,035
79$782,397$173,751$64,924$601,802
80$798,196$118,259$3,093$590,707
81$813,590$58,032$0$577,587
82$828,474$0$0$570,320
83$842,732$0$0$563,598
84$856,231$0$0$572,293
85$868,824$0$0$580,338
86$880,347$0$0$587,619
87$890,618$0$0$594,006
88$899,431$0$0$599,359
89$906,559$0$0$603,517
90$911,748$0$0$606,305
91$914,718$0$0$607,527
92$915,154$0$0$606,963
93$912,710$0$0$604,371
94$906,999$0$0$599,484
95$897,594$0$0$592,002
96$884,018$0$0$581,596
97$865,746$0$0$567,898
98$842,195$0$0$550,503
99$812,717$0$0$528,961
100$776,599$0$0$502,774