Can I retire at age 67 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$69,036$68,421$67,821$67,236$66,664$65,559
2 years$34,176$33,540$32,923$32,325$31,745$30,635
3 years$22,558$21,919$21,303$20,711$20,140$19,060
4 years$16,750$16,113$15,503$14,921$14,364$13,322
5 years$13,266$12,632$12,031$11,461$10,919$9,918
6 years$10,944$10,315$9,723$9,165$8,640$7,681
7 years$9,286$8,663$8,080$7,535$7,027$6,110
8 years$8,043$7,426$6,852$6,321$5,829$4,954
9 years$7,077$6,465$5,902$5,384$4,909$4,076
10 years$6,305$5,699$5,145$4,641$4,183$3,390
11 years$5,673$5,073$4,530$4,039$3,597$2,845
12 years$5,147$4,554$4,020$3,543$3,117$2,404
13 years$4,703$4,115$3,592$3,128$2,718$2,043
14 years$4,322$3,741$3,227$2,777$2,383$1,744
15 years$3,992$3,417$2,914$2,476$2,098$1,495
16 years$3,704$3,135$2,642$2,217$1,854$1,286
17 years$3,450$2,887$2,404$1,992$1,644$1,109
18 years$3,224$2,668$2,194$1,795$1,462$959
19 years$3,023$2,473$2,009$1,622$1,303$830
20 years$2,841$2,298$1,844$1,469$1,164$720
21 years$2,678$2,140$1,696$1,333$1,042$626
22 years$2,529$1,998$1,563$1,212$934$544
23 years$2,393$1,869$1,443$1,104$838$474
24 years$2,269$1,751$1,335$1,007$753$413
25 years$2,155$1,643$1,236$920$678$360
26 years$2,050$1,544$1,146$841$611$315
27 years$1,953$1,453$1,065$770$550$275
28 years$1,863$1,369$990$705$497$240
29 years$1,780$1,292$921$647$449$210
30 years$1,702$1,220$858$594$405$184
31 years$1,629$1,153$800$545$366$161
32 years$1,561$1,091$746$501$331$141
33 years$1,497$1,033$697$461$300$123
34 years$1,437$979$651$424$272$108
35 years$1,381$929$609$390$246$95
36 years$1,328$882$569$359$223$83
37 years$1,278$837$533$331$202$73
38 years$1,230$796$499$305$183$64
39 years$1,185$757$468$281$166$56
40 years$1,143$720$438$260$151$49
41 years$1,103$685$411$239$137$43
42 years$1,064$653$385$221$124$38
43 years$1,028$622$362$204$113$33
44 years$993$593$340$188$102$29
45 years$960$565$319$174$93$25
46 years$929$539$299$161$84$22
47 years$899$515$281$148$76$19
48 years$870$491$264$137$69$17
49 years$843$469$248$127$63$15
50 years$816$448$234$117$57$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $836,000, adding $2,314 every year, while hoping to spend $42,504 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: 40/45/15 Blend
66$836,000$836,000$836,000$836,000
67$923,659$879,351$866,393$956,397
68$972,648$877,215$850,193$977,703
69$1,025,210$873,550$832,026$996,423
70$1,081,663$868,236$811,781$1,015,760
71$1,142,359$861,146$789,342$1,035,793
72$1,207,683$852,145$764,588$1,056,607
73$1,278,057$841,091$737,392$1,078,303
74$1,353,945$827,831$707,621$1,100,993
75$1,435,858$812,205$675,137$1,124,805
76$1,524,357$794,044$639,795$1,149,883
77$1,620,056$773,167$601,444$1,176,391
78$1,723,634$749,385$559,924$1,204,513
79$1,835,834$722,494$515,071$1,234,455
80$1,957,475$692,282$466,711$1,266,452
81$2,089,456$658,522$414,665$1,300,765
82$2,232,767$620,977$358,743$1,337,688
83$2,388,497$579,392$298,748$1,377,553
84$2,557,843$533,502$234,476$1,420,728
85$2,742,123$483,023$165,710$1,467,628
86$2,942,785$427,657$92,227$1,518,717
87$3,161,426$367,088$13,793$1,574,512
88$3,399,799$300,984$0$1,635,592
89$3,659,838$228,991$0$1,713,793
90$3,943,669$150,739$0$1,801,728
91$4,253,632$65,834$0$1,898,035
92$4,592,304$0$0$2,003,652
93$4,962,522$0$0$2,132,568
94$5,367,408$0$0$2,309,312
95$5,810,403$0$0$2,502,800
96$6,295,292$0$0$2,714,698
97$6,826,245$0$0$2,946,844
98$7,407,853$0$0$3,201,259
99$8,045,173$0$0$3,480,170
100$8,743,774$0$0$3,786,029