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%15.4%
1 years$63,751$63,183$62,629$62,088$61,560$60,194
2 years$31,560$30,972$30,403$29,850$29,314$27,945
3 years$20,831$20,241$19,672$19,125$18,598$17,269
4 years$15,468$14,879$14,316$13,779$13,264$11,985
5 years$12,250$11,665$11,110$10,583$10,083$8,857
6 years$10,106$9,526$8,979$8,464$7,979$6,807
7 years$8,575$8,000$7,461$6,958$6,489$5,372
8 years$7,428$6,857$6,328$5,837$5,383$4,321
9 years$6,535$5,970$5,450$4,972$4,533$3,525
10 years$5,822$5,263$4,752$4,286$3,863$2,907
11 years$5,239$4,685$4,183$3,730$3,322$2,418
12 years$4,753$4,205$3,712$3,272$2,879$2,025
13 years$4,343$3,800$3,317$2,888$2,510$1,705
14 years$3,991$3,454$2,980$2,564$2,201$1,442
15 years$3,686$3,155$2,691$2,287$1,938$1,224
16 years$3,420$2,895$2,440$2,047$1,712$1,042
17 years$3,186$2,666$2,220$1,840$1,518$890
18 years$2,977$2,464$2,026$1,658$1,350$761
19 years$2,791$2,283$1,855$1,498$1,203$653
20 years$2,624$2,122$1,703$1,357$1,075$560
21 years$2,473$1,976$1,566$1,231$962$482
22 years$2,335$1,845$1,443$1,120$862$415
23 years$2,210$1,725$1,333$1,020$774$357
24 years$2,096$1,617$1,232$930$696$308
25 years$1,990$1,517$1,142$849$626$266
26 years$1,893$1,426$1,059$777$564$229
27 years$1,804$1,342$983$711$508$198
28 years$1,721$1,264$914$651$459$171
29 years$1,643$1,193$850$597$414$148
30 years$1,571$1,127$792$548$374$128
31 years$1,504$1,065$739$503$338$111
32 years$1,441$1,008$689$463$306$96
33 years$1,383$954$643$425$277$83
34 years$1,327$904$601$391$251$72
35 years$1,275$858$562$360$227$62
36 years$1,226$814$526$332$206$54
37 years$1,180$773$492$306$187$47
38 years$1,136$735$461$282$169$40
39 years$1,095$699$432$260$153$35
40 years$1,055$665$405$240$139$30
41 years$1,018$633$379$221$126$26
42 years$983$603$356$204$115$23
43 years$949$574$334$188$104$20
44 years$917$547$314$174$94$17
45 years$887$522$294$161$86$15
46 years$858$498$276$148$78$13
47 years$830$475$260$137$71$11
48 years$803$454$244$127$64$10
49 years$778$433$229$117$58$8
50 years$754$414$216$108$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $772,000, adding $4,072 every year, while hoping to spend $28,990 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: 39/31/30 Blend
64$772,000$772,000$772,000$772,000
65$854,944$814,028$802,062$880,558
66$911,303$823,071$798,086$908,766
67$972,440$831,584$793,005$936,298
68$1,038,810$839,513$786,752$965,527
69$1,110,915$846,796$779,255$996,628
70$1,189,310$853,370$770,441$1,029,795
71$1,274,600$859,166$760,232$1,065,242
72$1,367,455$864,112$748,546$1,103,208
73$1,468,612$868,129$735,298$1,143,958
74$1,578,879$871,136$720,400$1,187,786
75$1,699,148$873,045$703,757$1,235,017
76$1,830,400$873,763$685,271$1,286,012
77$1,973,715$873,192$664,842$1,341,172
78$2,130,282$871,226$642,362$1,400,941
79$2,301,408$867,754$617,719$1,465,809
80$2,488,536$862,657$590,796$1,536,323
81$2,693,250$855,811$561,471$1,613,084
82$2,917,298$847,083$529,617$1,696,761
83$3,162,603$836,330$495,100$1,788,094
84$3,431,283$823,405$457,781$1,887,900
85$3,725,671$808,149$417,513$1,997,086
86$4,048,334$790,393$374,144$2,116,654
87$4,402,103$769,960$327,517$2,247,712
88$4,790,092$746,663$277,463$2,391,488
89$5,215,734$720,302$223,811$2,549,338
90$5,682,808$690,666$166,378$2,722,762
91$6,195,479$657,533$104,976$2,913,419
92$6,758,332$620,667$39,407$3,123,141
93$7,376,420$579,818$0$3,353,955
94$8,055,309$534,723$0$3,617,886
95$8,801,128$485,102$0$3,921,721
96$9,620,633$430,662$0$4,255,639
97$10,521,264$371,091$0$4,622,736
98$11,511,218$306,059$0$5,026,428
99$12,599,525$235,219$0$5,470,483
100$13,796,137$158,205$0$5,959,055