Can I retire at age 67 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$60,778$60,237$59,709$59,193$58,690$58,295
2 years$30,088$29,528$28,985$28,458$27,947$27,550
3 years$19,860$19,297$18,755$18,233$17,731$17,342
4 years$14,746$14,185$13,649$13,136$12,646$12,269
5 years$11,679$11,121$10,592$10,090$9,613$9,249
6 years$9,635$9,081$8,560$8,069$7,607$7,256
7 years$8,175$7,627$7,113$6,634$6,186$5,850
8 years$7,081$6,537$6,033$5,565$5,132$4,809
9 years$6,231$5,692$5,196$4,740$4,322$4,013
10 years$5,551$5,017$4,530$4,086$3,683$3,387
11 years$4,995$4,467$3,988$3,556$3,167$2,885
12 years$4,532$4,009$3,539$3,119$2,745$2,475
13 years$4,140$3,623$3,162$2,754$2,393$2,136
14 years$3,805$3,293$2,841$2,444$2,098$1,854
15 years$3,515$3,008$2,565$2,180$1,847$1,615
16 years$3,261$2,760$2,326$1,952$1,633$1,412
17 years$3,037$2,542$2,116$1,754$1,448$1,238
18 years$2,838$2,349$1,932$1,581$1,287$1,089
19 years$2,661$2,177$1,769$1,428$1,147$960
20 years$2,501$2,023$1,623$1,293$1,025$847
21 years$2,357$1,884$1,493$1,174$917$750
22 years$2,226$1,759$1,376$1,067$822$664
23 years$2,107$1,645$1,271$972$738$589
24 years$1,998$1,541$1,175$887$663$523
25 years$1,898$1,446$1,088$810$597$465
26 years$1,805$1,359$1,009$740$538$414
27 years$1,720$1,279$937$678$485$368
28 years$1,640$1,206$871$621$437$328
29 years$1,567$1,137$811$569$395$293
30 years$1,498$1,074$755$523$357$261
31 years$1,434$1,015$704$480$323$233
32 years$1,374$961$657$441$292$208
33 years$1,318$910$613$406$264$186
34 years$1,265$862$573$373$239$166
35 years$1,216$818$536$344$217$148
36 years$1,169$776$501$316$196$133
37 years$1,125$737$469$291$178$119
38 years$1,083$701$439$269$161$106
39 years$1,044$666$412$248$146$95
40 years$1,006$634$386$228$133$85
41 years$971$603$362$211$120$76
42 years$937$575$339$195$109$68
43 years$905$548$318$180$99$61
44 years$874$522$299$166$90$54
45 years$845$498$281$153$82$49
46 years$818$475$264$141$74$44
47 years$791$453$248$131$67$39
48 years$766$433$233$121$61$35
49 years$742$413$219$112$56$31
50 years$719$395$206$103$50$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $736,000, adding $2,600 every year, while hoping to spend $38,854 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: 83/8/9 Blend
66$736,000$736,000$736,000$736,000
67$813,754$774,746$763,338$880,081
68$855,416$771,368$747,569$920,470
69$900,026$766,523$729,970$959,349
70$947,843$760,096$710,439$1,000,852
71$999,152$751,970$688,867$1,045,220
72$1,054,265$742,016$665,143$1,092,719
73$1,113,525$730,100$639,151$1,143,639
74$1,177,309$716,079$610,767$1,198,302
75$1,246,031$699,803$579,864$1,257,063
76$1,320,144$681,111$546,307$1,320,309
77$1,400,148$659,835$509,958$1,388,472
78$1,486,590$635,794$470,669$1,462,023
79$1,580,074$608,800$428,288$1,541,485
80$1,681,262$578,652$382,656$1,627,430
81$1,790,882$545,136$333,606$1,720,493
82$1,909,734$508,030$280,963$1,821,370
83$2,038,698$467,095$224,547$1,930,830
84$2,178,743$422,081$164,168$2,049,720
85$2,330,934$372,722$99,627$2,178,973
86$2,496,443$318,738$30,717$2,319,619
87$2,676,557$259,834$0$2,472,792
88$2,872,695$195,695$0$2,643,853
89$3,086,418$125,992$0$2,833,484
90$3,319,444$50,377$0$3,040,274
91$3,573,661$0$0$3,265,920
92$3,851,151$0$0$3,515,067
93$4,154,204$0$0$3,792,024
94$4,485,341$0$0$4,094,660
95$4,847,337$0$0$4,425,514
96$5,243,248$0$0$4,787,381
97$5,676,438$0$0$5,183,339
98$6,150,613$0$0$5,616,774
99$6,669,852$0$0$6,091,420
100$7,238,648$0$0$6,611,383