Can I retire at age 65 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$63,586$63,019$62,467$61,928$61,401$59,675
2 years$31,478$30,892$30,324$29,773$29,239$27,513
3 years$20,777$20,188$19,621$19,076$18,550$16,878
4 years$15,427$14,840$14,279$13,743$13,230$11,626
5 years$12,219$11,635$11,081$10,556$10,057$8,524
6 years$10,080$9,501$8,955$8,442$7,958$6,498
7 years$8,553$7,979$7,442$6,940$6,472$5,085
8 years$7,408$6,839$6,311$5,822$5,369$4,054
9 years$6,519$5,955$5,436$4,959$4,522$3,278
10 years$5,807$5,249$4,739$4,275$3,853$2,678
11 years$5,225$4,673$4,172$3,720$3,313$2,206
12 years$4,741$4,194$3,703$3,263$2,871$1,829
13 years$4,331$3,790$3,308$2,881$2,504$1,525
14 years$3,981$3,445$2,972$2,557$2,195$1,277
15 years$3,677$3,147$2,684$2,281$1,933$1,072
16 years$3,411$2,888$2,433$2,042$1,708$903
17 years$3,177$2,659$2,214$1,835$1,514$763
18 years$2,970$2,457$2,021$1,654$1,347$646
19 years$2,784$2,277$1,850$1,494$1,200$547
20 years$2,617$2,116$1,698$1,353$1,072$464
21 years$2,466$1,971$1,562$1,228$959$395
22 years$2,329$1,840$1,440$1,117$860$336
23 years$2,204$1,721$1,329$1,017$772$286
24 years$2,090$1,612$1,229$928$694$243
25 years$1,985$1,513$1,139$847$624$208
26 years$1,888$1,422$1,056$775$562$177
27 years$1,799$1,338$981$709$507$151
28 years$1,716$1,261$912$650$457$129
29 years$1,639$1,190$848$596$413$110
30 years$1,567$1,124$790$547$373$94
31 years$1,500$1,062$737$502$337$80
32 years$1,438$1,005$687$461$305$69
33 years$1,379$952$642$424$276$59
34 years$1,324$902$600$390$250$50
35 years$1,272$856$561$359$227$43
36 years$1,223$812$524$331$205$37
37 years$1,177$771$491$305$186$31
38 years$1,133$733$460$281$169$27
39 years$1,092$697$431$259$153$23
40 years$1,053$663$404$239$139$20
41 years$1,016$631$378$221$126$17
42 years$980$601$355$204$114$14
43 years$947$573$333$188$104$12
44 years$915$546$313$173$94$10
45 years$884$521$294$160$85$9
46 years$855$497$276$148$78$8
47 years$828$474$259$137$70$7
48 years$801$453$243$126$64$6
49 years$776$432$229$117$58$5
50 years$752$413$215$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $770,000, adding $6,784 every year, while hoping to spend $35,115 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: 88/7/5 Blend
64$770,000$770,000$770,000$770,000
65$855,538$814,728$802,793$930,312
66$905,440$817,287$792,324$982,561
67$959,256$818,795$780,328$1,034,352
68$1,017,348$819,163$766,716$1,090,125
69$1,080,112$818,297$751,396$1,150,255
70$1,147,986$816,097$734,271$1,215,153
71$1,221,452$812,456$715,240$1,285,273
72$1,301,036$807,263$694,197$1,361,112
73$1,387,321$800,398$671,031$1,443,221
74$1,480,944$791,734$645,627$1,532,203
75$1,582,609$781,137$617,864$1,628,723
76$1,693,087$768,466$587,615$1,733,515
77$1,813,230$753,568$554,748$1,847,384
78$1,943,971$736,285$519,124$1,971,219
79$2,086,341$716,448$480,599$2,105,998
80$2,241,471$693,877$439,022$2,252,799
81$2,410,608$668,383$394,236$2,412,806
82$2,595,122$639,766$346,076$2,587,329
83$2,796,524$607,814$294,368$2,777,806
84$3,016,475$572,303$238,935$2,985,822
85$3,256,804$532,994$179,588$3,213,126
86$3,519,525$489,638$116,131$3,461,640
87$3,806,855$441,969$48,360$3,733,487
88$4,121,236$389,706$0$4,031,001
89$4,465,355$332,555$0$4,358,035
90$4,842,172$270,201$0$4,718,983
91$5,254,947$202,315$0$5,114,398
92$5,707,270$128,546$0$5,547,736
93$6,203,094$48,527$0$6,022,804
94$6,746,773$0$0$6,543,796
95$7,343,102$0$0$7,118,269
96$7,997,364$0$0$7,752,659
97$8,715,376$0$0$8,448,868
98$9,503,548$0$0$9,213,113
99$10,368,938$0$0$10,052,237
100$11,319,323$0$0$10,973,783