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Can I retire at 67 with Social Security?
Retire at 67 with $500,000, spend $3,500 a month and claim no Social Security, and your money runs out at age 81 at a moderate 3% real return, age 79 to 84 across the conservative and higher bands. The table below answers the same question for five balances, three spending levels and three Social Security choices.
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Your retirement verdict at age 67
This is arithmetic on the scenario you enter, not financial advice for your specific situation.
Example verdict
Runs out at age 81
At a moderate 3% real return. $500,000 at 67, spending $3,500 a month, no Social Security.
Across the three real-return bands on this page, that runs from age 79 at the conservative band (1% real) to age 84 at the higher band (5% real).
From your retirement age to your claiming age, the full amount comes from savings. From your claiming age on, Social Security covers part of it.
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The complete picture at 67
The table below runs every balance and spending level at 67, against three Social Security choices
The full retirement grid prints one cut, no Social Security, across six retirement ages at once. This table holds age fixed at 67 and instead varies what claiming Social Security, and when, does to the same balance and spending level. Each cell is the age the money runs out (or “95+” if it lasts to the horizon) at a moderate 3% real return, with the conservative-to-higher range beneath it.
No Social Security (Savings alone)
| Starting balance | $3,000/mo | $4,500/mo | $6,000/mo |
|---|---|---|---|
| $250,000 | 74 range 74–75 | 71 range 71–72 | 70 range 70–70 |
| $500,000 | 84 range 81–90 | 77 range 76–79 | 74 range 74–75 |
| $750,000 | 95+ range 90–95+ | 84 range 81–90 | 79 range 78–81 |
| $1,000,000 | 95+ range 95+–95+ | 93 range 87–95+ | 84 range 81–90 |
| $1,500,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 95+ range 90–95+ |
$2,000/mo claimed at 67 (100% of the full benefit (full retirement age))
| Starting balance | $3,000/mo | $4,500/mo | $6,000/mo |
|---|---|---|---|
| $250,000 | 95+ range 90–95+ | 76 range 75–77 | 72 range 72–73 |
| $500,000 | 95+ range 95+–95+ | 89 range 85–95+ | 79 range 78–81 |
| $750,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 87 range 83–95+ |
| $1,000,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 95+ range 90–95+ |
| $1,500,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 95+ range 95+–95+ |
$2,000/mo claimed at 70 (124% of the full benefit (delayed to the maximum))
| Starting balance | $3,000/mo | $4,500/mo | $6,000/mo |
|---|---|---|---|
| $250,000 | 95+ range 95+–95+ | 74 range 73–75 | 71 range 70–71 |
| $500,000 | 95+ range 95+–95+ | 90 range 85–95+ | 78 range 77–80 |
| $750,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 88 range 84–95+ |
| $1,000,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 95+ range 91–95+ |
| $1,500,000 | 95+ range 95+–95+ | 95+ range 95+–95+ | 95+ range 95+–95+ |
Every cell: two-phase monthly-compounded real-return depletion, horizon age 95, moderate band 3% real, range spans 1% to 5% real, Social Security columns use a $2,000 full (age-67) monthly benefit adjusted by the claiming multiplier. An automated predeploy check re-derives every cell from an independent Python implementation of the formula and the build fails on any mismatch; see the methodology below.
Claiming at 67
67 is full retirement age: no reduction, no delayed credit, no bridge
Sixty-seven is full retirement age, the age Social Security itself uses as the benchmark for every other claiming age’s adjustment. Claiming here means exactly 100% of the earned benefit: no early-claim reduction, the way claiming at 62 permanently pays 70%, and no delayed-retirement credit, the way waiting to 70 pays 124%. Per Congressional Research Service Report R47151 (June 2022), 67 is the one age on this site where retiring and claiming at the same moment carries no claiming-age penalty or bonus at all.
On the flagship $500,000/$3,500 scenario, either Social Security choice at 67, the full benefit immediately or delayed to 70, already reaches the 95 horizon at every real-return band this page tracks; only the no-Social-Security case falls short (running out between 79 and 84, depending on the band). So the difference between claiming immediately and delaying doesn’t show up at this balance. A tighter scenario makes it visible: at $250,000 and $6,000 a month, no Social Security runs out at age 70 at a moderate 3% real return, claiming the full benefit immediately runs out at age 72, and waiting three more years to 70 for the maximum 124% runs out at age 71. The table above prices this exact tradeoff at every balance and spending level this site tracks.
See this priced against your own balance and spending, not a table.
The horizon at 67
Retiring at 67 means a 28-year horizon to 95, two years short of the 4% rule’s 30-year basis
William Bengen built the 4% rule in 1994 and the 1998 Trinity study popularized it, both tested against a 30-year retirement. Retiring at 67 and holding this page’s own horizon of 95, the actual span is 28 years, a modest, conservative-leaning gap: a flat 4% figure applied here is mildly cautious rather than mildly risky, the opposite direction of the miss at 55 or 60.
This page’s own moderate-band default states what a flat rule still misses even on the conservative side: $500,000 at 67 spending $3,500 a month (an 8.4% initial withdrawal rate, more than double the 4% rule’s own ceiling) runs out at age 81 with no Social Security. The table above runs the same 28-year horizon against every balance and spending level this site tracks, and against three Social Security choices.
Horizon: age 95 (this page’s stated convention, matching NerdWallet’s and SmartAsset’s own retirement-calculator defaults, checked 13 August 2026). 95 minus 67 is a 28-year span from this age.
Common questions
This page answers four common questions about retiring at 67
Can I retire at 67 with $500,000 in an IRA and $2,000 in monthly Social Security?
At $3,500 a month in essential spending, $500,000 at 67 claiming the full $2,000 Social Security benefit immediately (100%, full retirement age) lasts to 95 at a moderate 3% real return, comfortably inside the 28-year horizon to 95. Without Social Security the same balance and spending runs out at age 81. The table above prices every balance and spending level this site tracks against all three Social Security choices.
Is 67 the right age to both retire and claim Social Security?
Sixty-seven is full retirement age, the one age where claiming carries neither an early-claim reduction nor a delayed-retirement credit: exactly 100% of the earned benefit, per Congressional Research Service Report R47151 (June 2022). Retiring and claiming at the same age removes the bridge-years and claiming-timing tradeoffs the 55, 60 and 65 spokes each price; the only remaining choice is whether waiting further to 70 for a 124% benefit is worth three more unassisted years, which the claiming-math section below prices on a tighter scenario where the difference actually shows.
Can I retire at 67 with $250,000 and $6,000 in monthly spending?
At $6,000 a month, a tighter scenario than the flagship default, $250,000 at 67 with no Social Security runs out at age 70 at a moderate 3% real return. Claiming $2,000 a month immediately at 67 runs out at age 72; waiting to 70 for the maximum 124% benefit runs out at age 71. The gap between the two claiming choices is visible here in a way it is not on the flagship $500,000 scenario, where every claiming choice already reaches the horizon.
Why does this page assume retirement lasts to age 95?
Age 95 matches the convention this category already uses: NerdWallet’s and SmartAsset’s own retirement calculators both default to a life expectancy of 95 (checked 13 August 2026). Retiring at 67 means a 28-year horizon to 95, two years short of the 30-year span the 4% withdrawal rule was built and tested against, a modest, conservative-leaning gap rather than the wide miss seen at 55.
Limits
This model can’t see your taxes, your Medicare premiums, or a bad first five years
Taxes and Medicare. Neither the table nor the calculator deducts taxes, and Medicare Part B and D premiums, which scale with income, belong inside whatever figure you enter as monthly spending.
Sequence risk. This model applies one constant real return every month. A real market does not; two retirees with the same average return over 28 years can end up in very different places depending on when the bad years land.
Everything else you have. A pension, a working spouse, a paid-off house: none of it is in this calculation unless folded into the numbers entered. Treat every verdict above as a starting estimate, not a guarantee.
Methodology
Every figure on this page traces to the published formula behind the full retirement grid
The verdict table and the calculator above read the identical two-phase real-return depletion formula the full retirement grid publishes in full: phase one draws full spending from savings until the Social Security claim age (or for the whole horizon, with no benefit entered); phase two, if the balance survives, draws spending minus the claimed benefit. At 67, retiring and the natural claim age coincide, so phase one is effectively zero months whenever a benefit is entered. This page holds retirement age fixed at 67 and varies balance, spending and claiming choice instead; the full retirement grid varies age. Both pages run the same calculation code, so neither can silently disagree with the other.
Published 14 August 2026. Horizon: age 95. Real-return bands: conservative 1%, moderate 3%, higher 5%. Social Security claiming multipliers: Congressional Research Service Report R47151 (June 2022). Competitor facts restated from the full retirement grid, verified 13 August 2026.
Corrections: 2026-08-14: first publication.
A verdict at 67 is not a plan. Your own accounts are.
Every figure above answers the question it was built for. None of it can see your taxes or your Medicare premiums. The five years after you retire decide more than any figure above, and no table can see them coming.
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