Can I retire at 67 with $1 million?

Possibly, but it depends on choices you have not made yet. Spending $60,000 a year, this plan lasted in 84% of 2,000 simulated futures.

It depends most on what you spend

This sits in the range where the plan works in most simulated futures and fails in a meaningful minority. That is not a reason to abandon it — it is a reason to know which levers you have. Most people in this band are one moderate adjustment away from the comfortable range: a slightly later start, a slightly lower spending floor, or a part-time year or two early on. The value of knowing the number is that you can choose the adjustment deliberately rather than discovering it at 78.

What would change this

• Waiting even one or two more years, which shortens the drawdown and grows the balance at the same time.
• Separating essential from discretionary spending, so a bad market year cuts the second and not the first.
• Claiming Social Security later, which raises the inflation-adjusted income floor you keep for the rest of your life.
• Any earned income at all in the first few years, which is worth far more than the same money later.

What we assumed

• You stop working at 67 — no further income or saving.
• $2,000 a month in Social Security from age 67.
• 7% average return with 15% volatility, and 3% average inflation.
• 2,000 simulated paths, each running to age 90.

Every one of those is an assumption, and the methodology page explains what the model does not capture — including long-term care and your actual tax situation. Computed 2026-08-20.

← Every age and portfolio combination