Can I retire at age 67 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$60,035$59,500$58,978$58,469$57,972$56,871
2 years$29,720$29,167$28,630$28,110$27,606$26,501
3 years$19,617$19,061$18,526$18,010$17,514$16,440
4 years$14,566$14,012$13,482$12,976$12,491$11,456
5 years$11,536$10,985$10,463$9,966$9,496$8,502
6 years$9,517$8,970$8,455$7,970$7,514$6,563
7 years$8,075$7,533$7,026$6,553$6,111$5,203
8 years$6,995$6,457$5,959$5,497$5,069$4,204
9 years$6,155$5,622$5,132$4,682$4,269$3,446
10 years$5,483$4,956$4,475$4,036$3,637$2,856
11 years$4,934$4,412$3,939$3,513$3,128$2,388
12 years$4,476$3,960$3,496$3,081$2,711$2,010
13 years$4,089$3,579$3,124$2,720$2,364$1,701
14 years$3,758$3,253$2,806$2,415$2,072$1,447
15 years$3,472$2,972$2,534$2,153$1,825$1,235
16 years$3,221$2,726$2,297$1,928$1,613$1,058
17 years$3,000$2,511$2,090$1,732$1,430$908
18 years$2,804$2,320$1,908$1,561$1,271$782
19 years$2,628$2,150$1,747$1,411$1,133$674
20 years$2,471$1,998$1,603$1,278$1,012$582
21 years$2,328$1,861$1,475$1,160$906$503
22 years$2,199$1,737$1,359$1,054$812$436
23 years$2,081$1,625$1,255$960$729$378
24 years$1,973$1,522$1,161$876$655$328
25 years$1,874$1,429$1,075$800$589$285
26 years$1,783$1,343$997$731$531$247
27 years$1,699$1,264$926$669$479$215
28 years$1,620$1,191$861$613$432$187
29 years$1,548$1,123$801$562$390$163
30 years$1,480$1,061$746$516$352$142
31 years$1,417$1,003$695$474$319$123
32 years$1,357$949$649$436$288$107
33 years$1,302$899$606$401$261$94
34 years$1,250$852$566$369$236$82
35 years$1,201$808$529$339$214$71
36 years$1,155$767$495$312$194$62
37 years$1,111$728$463$288$176$54
38 years$1,070$692$434$265$159$47
39 years$1,031$658$407$245$144$41
40 years$994$626$381$226$131$36
41 years$959$596$357$208$119$31
42 years$926$568$335$192$108$27
43 years$894$541$315$177$98$24
44 years$864$516$295$164$89$21
45 years$835$492$277$151$81$18
46 years$808$469$260$140$73$16
47 years$782$448$245$129$66$14
48 years$757$427$230$119$60$12
49 years$733$408$216$110$55$10
50 years$710$390$203$102$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $727,000, adding $2,131 every year, while hoping to spend $45,578 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: 52/33/15 Blend
66$727,000$727,000$727,000$727,000
67$803,352$764,821$753,553$841,767
68$836,799$753,803$730,302$857,278
69$872,131$740,717$704,745$869,146
70$909,490$725,414$676,756$881,035
71$949,035$707,736$646,204$892,961
72$990,937$687,515$612,952$904,942
73$1,035,383$664,574$576,857$917,003
74$1,082,579$638,726$537,769$929,173
75$1,132,749$609,770$495,531$941,487
76$1,186,139$577,498$449,980$953,989
77$1,243,016$541,687$400,946$966,730
78$1,303,676$502,101$348,249$979,767
79$1,368,440$458,493$291,705$993,172
80$1,437,661$410,600$231,117$1,007,026
81$1,511,726$358,143$166,283$1,021,424
82$1,591,060$300,830$96,992$1,036,473
83$1,676,127$238,350$23,020$1,052,299
84$1,767,440$170,376$0$1,069,046
85$1,865,556$96,563$0$1,095,828
86$1,971,093$16,544$0$1,128,395
87$2,084,725$0$0$1,163,314
88$2,207,194$0$0$1,226,310
89$2,339,313$0$0$1,300,807
90$2,481,980$0$0$1,381,309
91$2,636,176$0$0$1,468,380
92$2,802,982$0$0$1,562,635
93$2,983,587$0$0$1,664,756
94$3,179,297$0$0$1,775,490
95$3,391,548$0$0$1,895,657
96$3,621,919$0$0$2,026,162
97$3,872,148$0$0$2,167,999
98$4,144,145$0$0$2,322,261
99$4,440,013$0$0$2,490,151
100$4,762,064$0$0$2,672,993