Can I retire at age 60 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$63,999$63,429$62,873$62,330$61,800$60,159
2 years$31,683$31,093$30,521$29,966$29,428$27,787
3 years$20,912$20,319$19,749$19,200$18,671$17,080
4 years$15,528$14,937$14,372$13,832$13,316$11,788
5 years$12,298$11,711$11,153$10,624$10,123$8,662
6 years$10,145$9,563$9,014$8,496$8,010$6,617
7 years$8,609$8,031$7,490$6,985$6,514$5,190
8 years$7,456$6,884$6,352$5,860$5,404$4,148
9 years$6,561$5,994$5,471$4,991$4,551$3,361
10 years$5,845$5,283$4,770$4,303$3,878$2,753
11 years$5,259$4,703$4,199$3,745$3,335$2,274
12 years$4,772$4,221$3,727$3,284$2,890$1,891
13 years$4,359$3,815$3,330$2,900$2,520$1,580
14 years$4,006$3,468$2,992$2,574$2,209$1,326
15 years$3,701$3,168$2,701$2,296$1,945$1,117
16 years$3,434$2,906$2,449$2,055$1,719$944
17 years$3,198$2,677$2,229$1,847$1,524$800
18 years$2,989$2,473$2,034$1,664$1,355$679
19 years$2,802$2,292$1,862$1,504$1,208$577
20 years$2,634$2,130$1,709$1,362$1,079$491
21 years$2,482$1,984$1,572$1,236$966$419
22 years$2,344$1,852$1,449$1,124$866$357
23 years$2,219$1,732$1,338$1,024$777$305
24 years$2,104$1,623$1,237$934$698$261
25 years$1,998$1,523$1,146$853$628$223
26 years$1,901$1,431$1,063$780$566$191
27 years$1,811$1,347$987$714$510$163
28 years$1,727$1,269$917$654$460$140
29 years$1,650$1,198$854$600$416$120
30 years$1,578$1,131$795$550$376$103
31 years$1,510$1,069$741$505$340$88
32 years$1,447$1,012$692$464$307$75
33 years$1,388$958$646$427$278$65
34 years$1,332$908$603$393$252$55
35 years$1,280$861$564$362$228$48
36 years$1,231$817$528$333$207$41
37 years$1,184$776$494$307$187$35
38 years$1,140$738$463$283$170$30
39 years$1,099$702$433$261$154$26
40 years$1,060$667$406$241$140$22
41 years$1,022$635$381$222$127$19
42 years$987$605$357$205$115$16
43 years$953$577$335$189$104$14
44 years$921$550$315$175$95$12
45 years$890$524$296$161$86$10
46 years$861$500$278$149$78$9
47 years$833$477$261$138$71$8
48 years$807$455$245$127$64$7
49 years$781$435$230$118$58$6
50 years$757$415$217$109$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 60 starting with $775,000, adding $6,809 every year, while hoping to spend $21,181 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: 56/39/5 Blend
59$775,000$775,000$775,000$775,000
60$861,073$819,998$807,986$908,061
61$926,367$837,642$812,517$958,110
62$997,610$855,440$816,490$1,009,617
63$1,075,387$873,378$819,864$1,065,185
64$1,160,343$891,440$822,595$1,125,202
65$1,253,185$909,607$824,639$1,190,096
66$1,354,693$927,861$825,948$1,260,337
67$1,465,726$946,181$826,472$1,336,444
68$1,587,229$964,543$826,158$1,418,988
69$1,720,244$982,923$824,951$1,508,600
70$1,865,916$1,001,294$822,795$1,605,972
71$2,025,509$1,019,626$819,627$1,711,869
72$2,200,411$1,037,888$815,386$1,827,133
73$2,392,156$1,056,047$810,003$1,952,691
74$2,602,428$1,074,066$803,411$2,089,565
75$2,833,086$1,091,905$795,535$2,238,883
76$3,086,175$1,109,523$786,300$2,401,885
77$3,363,948$1,126,873$775,625$2,579,939
78$3,668,889$1,143,908$763,426$2,774,553
79$4,003,730$1,160,574$749,616$2,987,389
80$4,371,485$1,176,817$734,102$3,220,278
81$4,775,471$1,192,575$716,789$3,475,238
82$5,219,344$1,207,786$697,576$3,754,494
83$5,707,130$1,222,381$676,358$4,060,497
84$6,243,266$1,236,286$653,025$4,395,949
85$6,832,639$1,249,424$627,461$4,763,830
86$7,480,633$1,261,711$599,546$5,167,421
87$8,193,182$1,273,059$569,155$5,610,341
88$8,976,821$1,283,373$536,155$6,096,578
89$9,838,750$1,292,552$500,411$6,630,528
90$10,786,905$1,300,489$461,777$7,217,036
91$11,830,026$1,307,070$420,103$7,861,442
92$12,977,746$1,312,174$375,234$8,569,632
93$14,240,677$1,315,671$327,005$9,348,095
94$15,630,511$1,317,424$275,245$10,203,981
95$17,160,133$1,317,287$219,775$11,145,173
96$18,843,739$1,315,107$160,409$12,180,359
97$20,696,970$1,310,717$96,953$13,319,114
98$22,737,063$1,303,944$29,203$14,571,993
99$24,983,009$1,294,603$0$15,950,630
100$27,455,734$1,282,497$0$17,470,147