Can I retire at age 67 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$45,584$45,178$44,781$44,395$44,017$42,901
2 years$22,566$22,146$21,739$21,344$20,961$19,843
3 years$14,895$14,473$14,066$13,675$13,298$12,215
4 years$11,060$10,639$10,237$9,852$9,484$8,443
5 years$8,759$8,341$7,944$7,567$7,210$6,214
6 years$7,226$6,811$6,420$6,052$5,705$4,755
7 years$6,132$5,720$5,335$4,975$4,640$3,736
8 years$5,311$4,903$4,525$4,174$3,849$2,991
9 years$4,673$4,269$3,897$3,555$3,241$2,428
10 years$4,163$3,763$3,397$3,065$2,762$1,992
11 years$3,746$3,350$2,991$2,667$2,375$1,649
12 years$3,399$3,007$2,655$2,339$2,058$1,374
13 years$3,105$2,717$2,372$2,065$1,795$1,150
14 years$2,854$2,470$2,131$1,833$1,573$968
15 years$2,636$2,256$1,924$1,635$1,385$817
16 years$2,446$2,070$1,744$1,464$1,224$692
17 years$2,278$1,906$1,587$1,315$1,086$587
18 years$2,129$1,762$1,449$1,185$965$499
19 years$1,996$1,633$1,326$1,071$860$425
20 years$1,876$1,517$1,217$970$769$363
21 years$1,768$1,413$1,120$880$688$310
22 years$1,670$1,319$1,032$801$616$265
23 years$1,580$1,234$953$729$553$227
24 years$1,498$1,156$881$665$497$195
25 years$1,423$1,085$816$607$448$167
26 years$1,354$1,020$757$555$403$143
27 years$1,290$960$703$508$363$123
28 years$1,230$904$653$466$328$105
29 years$1,175$853$608$427$296$90
30 years$1,124$806$566$392$268$78
31 years$1,076$761$528$360$242$67
32 years$1,031$721$493$331$219$57
33 years$989$682$460$304$198$49
34 years$949$647$430$280$179$42
35 years$912$613$402$258$162$36
36 years$877$582$376$237$147$31
37 years$844$553$352$219$133$27
38 years$812$526$330$202$121$23
39 years$783$500$309$186$110$20
40 years$755$475$289$171$99$17
41 years$728$453$271$158$90$15
42 years$703$431$255$146$82$13
43 years$679$411$239$135$74$11
44 years$656$391$224$124$67$9
45 years$634$373$210$115$61$8
46 years$613$356$198$106$56$7
47 years$593$340$186$98$50$6
48 years$574$324$175$91$46$5
49 years$556$310$164$84$42$4
50 years$539$296$154$77$38$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $552,000, adding $4,381 every year, while hoping to spend $28,242 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: 43/50/7 Blend
66$552,000$552,000$552,000$552,000
67$612,823$583,567$575,011$637,753
68$645,282$582,113$564,225$654,035
69$680,105$579,640$552,130$668,431
70$717,503$576,070$538,654$683,374
71$757,709$571,319$523,720$698,925
72$800,977$565,295$507,247$715,150
73$847,587$557,905$489,150$732,127
74$897,846$549,047$469,341$749,942
75$952,091$538,615$447,729$768,692
76$1,010,693$526,496$424,216$788,487
77$1,074,059$512,570$398,703$809,450
78$1,142,638$496,710$371,084$831,718
79$1,216,920$478,782$341,249$855,447
80$1,297,449$458,645$309,083$880,811
81$1,384,817$436,147$274,466$908,005
82$1,479,681$411,131$237,273$937,245
83$1,582,759$383,427$197,373$968,776
84$1,694,845$352,859$154,629$1,002,870
85$1,816,808$319,238$108,898$1,039,831
86$1,949,608$282,366$60,031$1,079,998
87$2,094,299$242,034$7,873$1,123,751
88$2,252,042$198,018$0$1,171,510
89$2,424,115$150,086$0$1,227,317
90$2,611,924$97,989$0$1,288,984
91$2,817,017$41,467$0$1,356,521
92$3,041,098$0$0$1,430,589
93$3,286,042$0$0$1,522,794
94$3,553,915$0$0$1,648,648
95$3,846,992$0$0$1,786,409
96$4,167,775$0$0$1,937,265
97$4,519,023$0$0$2,102,520
98$4,903,771$0$0$2,283,613
99$5,325,363$0$0$2,482,126
100$5,787,482$0$0$2,699,803