Can I retire at age 67 with 575,000?

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 $575,000?

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%
1 years$47,483$47,060$46,647$46,245$45,851$44,889
2 years$23,506$23,069$22,644$22,233$21,834$20,869
3 years$15,515$15,076$14,652$14,245$13,852$12,915
4 years$11,520$11,082$10,663$10,263$9,880$8,977
5 years$9,124$8,689$8,275$7,883$7,510$6,645
6 years$7,527$7,095$6,687$6,304$5,943$5,115
7 years$6,387$5,958$5,557$5,183$4,833$4,044
8 years$5,532$5,107$4,713$4,348$4,009$3,258
9 years$4,868$4,447$4,059$3,703$3,377$2,663
10 years$4,336$3,920$3,539$3,192$2,877$2,200
11 years$3,902$3,489$3,116$2,778$2,474$1,833
12 years$3,540$3,132$2,765$2,437$2,144$1,538
13 years$3,234$2,830$2,470$2,151$1,870$1,298
14 years$2,973$2,573$2,220$1,910$1,639$1,100
15 years$2,746$2,350$2,004$1,703$1,443$936
16 years$2,547$2,156$1,817$1,525$1,275$799
17 years$2,373$1,986$1,653$1,370$1,131$683
18 years$2,218$1,835$1,509$1,235$1,006$586
19 years$2,079$1,701$1,382$1,116$896$503
20 years$1,954$1,580$1,268$1,011$801$433
21 years$1,842$1,472$1,166$917$716$373
22 years$1,739$1,374$1,075$834$642$322
23 years$1,646$1,285$993$759$576$278
24 years$1,561$1,204$918$693$518$240
25 years$1,482$1,130$850$633$466$208
26 years$1,410$1,062$789$578$420$180
27 years$1,343$999$732$529$379$156
28 years$1,282$942$681$485$342$135
29 years$1,224$888$633$445$308$117
30 years$1,170$839$590$408$279$101
31 years$1,120$793$550$375$252$88
32 years$1,074$751$513$345$228$76
33 years$1,030$711$479$317$206$66
34 years$989$674$448$292$187$57
35 years$950$639$419$268$169$50
36 years$913$606$392$247$153$43
37 years$879$576$367$228$139$37
38 years$846$547$343$210$126$33
39 years$815$521$322$194$114$28
40 years$786$495$301$179$104$25
41 years$758$471$283$165$94$21
42 years$732$449$265$152$85$18
43 years$707$428$249$140$77$16
44 years$683$408$234$130$70$14
45 years$660$389$219$120$64$12
46 years$639$371$206$111$58$11
47 years$618$354$193$102$53$9
48 years$598$338$182$94$48$8
49 years$579$323$171$87$43$7
50 years$561$308$161$81$39$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $575,000, adding $5,090 every year, while hoping to spend $40,783 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: 71/16/13 Blend
66$575,000$575,000$575,000$575,000
67$638,900$608,425$599,513$682,110
68$660,675$594,845$576,204$697,852
69$683,305$579,233$550,747$709,633
70$706,832$561,446$523,027$721,451
71$731,305$541,333$492,925$733,302
72$756,774$518,734$460,314$745,182
73$783,293$493,481$425,063$757,087
74$810,922$465,393$387,035$769,016
75$839,722$434,284$346,086$780,966
76$869,761$399,951$302,068$792,936
77$901,112$362,185$254,823$804,928
78$933,855$320,760$204,188$816,943
79$968,073$275,443$149,993$828,987
80$1,003,859$225,982$92,061$841,064
81$1,041,311$172,114$30,204$853,183
82$1,080,539$113,561$0$865,357
83$1,121,657$50,029$0$882,567
84$1,164,793$0$0$904,658
85$1,210,084$0$0$930,798
86$1,257,678$0$0$967,533
87$1,307,739$0$0$1,006,181
88$1,360,441$0$0$1,046,881
89$1,415,978$0$0$1,089,781
90$1,474,558$0$0$1,135,044
91$1,536,408$0$0$1,182,849
92$1,601,778$0$0$1,233,389
93$1,670,938$0$0$1,286,875
94$1,744,185$0$0$1,343,539
95$1,821,841$0$0$1,403,632
96$1,904,260$0$0$1,467,432
97$1,991,829$0$0$1,535,239
98$2,084,970$0$0$1,607,383
99$2,184,145$0$0$1,684,225
100$2,289,861$0$0$1,766,162