Can I retire at age 65 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$63,751$63,183$62,629$62,088$61,560$59,305
2 years$31,560$30,972$30,403$29,850$29,314$27,068
3 years$20,831$20,241$19,672$19,125$18,598$16,430
4 years$15,468$14,879$14,316$13,779$13,264$11,192
5 years$12,250$11,665$11,110$10,583$10,083$8,112
6 years$10,106$9,526$8,979$8,464$7,979$6,109
7 years$8,575$8,000$7,461$6,958$6,489$4,721
8 years$7,428$6,857$6,328$5,837$5,383$3,716
9 years$6,535$5,970$5,450$4,972$4,533$2,964
10 years$5,822$5,263$4,752$4,286$3,863$2,388
11 years$5,239$4,685$4,183$3,730$3,322$1,940
12 years$4,753$4,205$3,712$3,272$2,879$1,585
13 years$4,343$3,800$3,317$2,888$2,510$1,302
14 years$3,991$3,454$2,980$2,564$2,201$1,073
15 years$3,686$3,155$2,691$2,287$1,938$888
16 years$3,420$2,895$2,440$2,047$1,712$736
17 years$3,186$2,666$2,220$1,840$1,518$612
18 years$2,977$2,464$2,026$1,658$1,350$509
19 years$2,791$2,283$1,855$1,498$1,203$424
20 years$2,624$2,122$1,703$1,357$1,075$354
21 years$2,473$1,976$1,566$1,231$962$296
22 years$2,335$1,845$1,443$1,120$862$247
23 years$2,210$1,725$1,333$1,020$774$207
24 years$2,096$1,617$1,232$930$696$173
25 years$1,990$1,517$1,142$849$626$145
26 years$1,893$1,426$1,059$777$564$122
27 years$1,804$1,342$983$711$508$102
28 years$1,721$1,264$914$651$459$85
29 years$1,643$1,193$850$597$414$72
30 years$1,571$1,127$792$548$374$60
31 years$1,504$1,065$739$503$338$50
32 years$1,441$1,008$689$463$306$42
33 years$1,383$954$643$425$277$36
34 years$1,327$904$601$391$251$30
35 years$1,275$858$562$360$227$25
36 years$1,226$814$526$332$206$21
37 years$1,180$773$492$306$187$18
38 years$1,136$735$461$282$169$15
39 years$1,095$699$432$260$153$12
40 years$1,055$665$405$240$139$10
41 years$1,018$633$379$221$126$9
42 years$983$603$356$204$115$7
43 years$949$574$334$188$104$6
44 years$917$547$314$174$94$5
45 years$887$522$294$161$86$4
46 years$858$498$276$148$78$4
47 years$830$475$260$137$71$3
48 years$803$454$244$127$64$3
49 years$778$433$229$117$58$2
50 years$754$414$216$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $772,000, adding $5,960 every year, while hoping to spend $53,958 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: 52/43/5 Blend
64$772,000$772,000$772,000$772,000
65$856,892$815,976$804,010$900,177
66$886,884$798,548$773,533$912,744
67$918,127$778,457$740,227$920,001
68$950,691$755,517$703,940$926,580
69$984,652$729,528$664,513$932,427
70$1,020,093$700,281$621,781$937,486
71$1,057,102$667,554$575,569$941,698
72$1,095,773$631,112$525,698$945,004
73$1,136,211$590,705$471,978$947,339
74$1,178,527$546,071$414,211$948,640
75$1,222,840$496,933$352,191$948,839
76$1,269,284$442,996$285,703$947,869
77$1,317,998$383,951$214,522$945,660
78$1,369,138$319,468$138,412$942,138
79$1,422,870$249,202$57,129$937,233
80$1,479,376$172,787$0$930,868
81$1,538,854$89,835$0$924,551
82$1,601,520$0$0$919,981
83$1,667,606$0$0$914,075
84$1,737,370$0$0$952,745
85$1,811,089$0$0$993,639
86$1,889,067$0$0$1,036,932
87$1,971,637$0$0$1,082,812
88$2,059,159$0$0$1,131,485
89$2,152,032$0$0$1,183,177
90$2,250,686$0$0$1,238,134
91$2,355,597$0$0$1,296,627
92$2,467,282$0$0$1,358,950
93$2,586,308$0$0$1,425,427
94$2,713,297$0$0$1,496,413
95$2,848,928$0$0$1,572,295
96$2,993,949$0$0$1,653,500
97$3,149,177$0$0$1,740,494
98$3,315,508$0$0$1,833,789
99$3,493,926$0$0$1,933,946
100$3,685,509$0$0$2,041,583