Can I retire at age 67 with 764,000?

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 $764,000?

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$63,090$62,528$61,980$61,445$60,922$58,737
2 years$31,233$30,651$30,087$29,541$29,011$26,833
3 years$20,615$20,031$19,469$18,927$18,406$16,304
4 years$15,307$14,725$14,168$13,636$13,127$11,117
5 years$12,123$11,544$10,995$10,474$9,979$8,066
6 years$10,001$9,427$8,886$8,376$7,896$6,081
7 years$8,486$7,917$7,384$6,886$6,422$4,705
8 years$7,351$6,786$6,262$5,777$5,327$3,707
9 years$6,468$5,908$5,394$4,920$4,486$2,961
10 years$5,762$5,208$4,702$4,242$3,823$2,389
11 years$5,185$4,636$4,140$3,691$3,288$1,943
12 years$4,704$4,161$3,674$3,238$2,849$1,590
13 years$4,298$3,761$3,282$2,859$2,484$1,307
14 years$3,950$3,418$2,949$2,537$2,178$1,079
15 years$3,648$3,123$2,663$2,263$1,917$894
16 years$3,385$2,865$2,414$2,026$1,695$742
17 years$3,153$2,639$2,197$1,821$1,503$618
18 years$2,946$2,438$2,005$1,641$1,336$515
19 years$2,762$2,260$1,836$1,483$1,191$430
20 years$2,597$2,100$1,685$1,343$1,064$359
21 years$2,447$1,956$1,550$1,219$952$301
22 years$2,311$1,826$1,428$1,108$853$252
23 years$2,187$1,708$1,319$1,009$766$211
24 years$2,074$1,600$1,220$920$688$177
25 years$1,970$1,501$1,130$840$619$148
26 years$1,874$1,411$1,048$769$558$125
27 years$1,785$1,328$973$703$503$105
28 years$1,703$1,251$904$644$454$88
29 years$1,626$1,181$842$591$410$74
30 years$1,555$1,115$784$542$370$62
31 years$1,489$1,054$731$498$335$52
32 years$1,427$997$682$458$303$44
33 years$1,368$944$637$421$274$37
34 years$1,313$895$595$387$248$31
35 years$1,262$849$556$357$225$26
36 years$1,213$806$520$328$204$22
37 years$1,168$765$487$303$185$18
38 years$1,124$727$456$279$167$15
39 years$1,083$692$427$257$152$13
40 years$1,045$658$400$237$138$11
41 years$1,008$626$376$219$125$9
42 years$973$597$352$202$113$8
43 years$939$568$331$186$103$6
44 years$908$542$310$172$93$5
45 years$878$517$291$159$85$5
46 years$849$493$274$147$77$4
47 years$821$470$257$136$70$3
48 years$795$449$242$125$63$3
49 years$770$429$227$116$58$2
50 years$746$410$213$107$52$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $764,000, adding $3,786 every year, while hoping to spend $46,333 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: 54/29/17 Blend
66$764,000$764,000$764,000$764,000
67$845,833$805,341$793,499$887,452
68$882,810$795,505$770,784$906,463
69$922,006$783,634$745,754$921,895
70$963,598$769,579$718,284$937,664
71$1,007,780$753,184$688,242$953,814
72$1,054,765$734,281$655,489$970,396
73$1,104,783$712,693$619,880$987,469
74$1,158,091$688,235$581,266$1,005,103
75$1,214,965$660,707$539,487$1,023,373
76$1,275,711$629,901$494,379$1,042,370
77$1,340,663$595,596$445,770$1,062,194
78$1,410,187$557,556$393,480$1,082,962
79$1,484,685$515,536$337,321$1,104,802
80$1,564,597$469,272$277,096$1,127,865
81$1,650,408$418,488$212,600$1,152,318
82$1,742,647$362,891$143,620$1,178,349
83$1,841,898$302,173$69,932$1,206,174
84$1,948,799$236,007$0$1,236,031
85$2,064,053$164,049$0$1,269,771
86$2,188,433$85,933$0$1,319,758
87$2,322,785$1,276$0$1,373,682
88$2,468,042$0$0$1,431,972
89$2,625,228$0$0$1,523,934
90$2,795,468$0$0$1,624,034
91$2,980,001$0$0$1,732,602
92$3,180,186$0$0$1,850,445
93$3,397,522$0$0$1,978,453
94$3,633,654$0$0$2,117,605
95$3,890,393$0$0$2,268,978
96$4,169,733$0$0$2,433,754
97$4,473,864$0$0$2,613,238
98$4,805,199$0$0$2,808,863
99$5,166,393$0$0$3,022,208
100$5,560,367$0$0$3,255,010