Can I retire at age 65 with 772,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$63,751$63,183$62,629$62,088$61,560$60,516
2 years$31,560$30,972$30,403$29,850$29,314$28,265
3 years$20,831$20,241$19,672$19,125$18,598$17,577
4 years$15,468$14,879$14,316$13,779$13,264$12,279
5 years$12,250$11,665$11,110$10,583$10,083$9,137
6 years$10,106$9,526$8,979$8,464$7,979$7,072
7 years$8,575$8,000$7,461$6,958$6,489$5,622
8 years$7,428$6,857$6,328$5,837$5,383$4,556
9 years$6,535$5,970$5,450$4,972$4,533$3,746
10 years$5,822$5,263$4,752$4,286$3,863$3,114
11 years$5,239$4,685$4,183$3,730$3,322$2,612
12 years$4,753$4,205$3,712$3,272$2,879$2,205
13 years$4,343$3,800$3,317$2,888$2,510$1,873
14 years$3,991$3,454$2,980$2,564$2,201$1,598
15 years$3,686$3,155$2,691$2,287$1,938$1,369
16 years$3,420$2,895$2,440$2,047$1,712$1,177
17 years$3,186$2,666$2,220$1,840$1,518$1,014
18 years$2,977$2,464$2,026$1,658$1,350$876
19 years$2,791$2,283$1,855$1,498$1,203$758
20 years$2,624$2,122$1,703$1,357$1,075$657
21 years$2,473$1,976$1,566$1,231$962$570
22 years$2,335$1,845$1,443$1,120$862$496
23 years$2,210$1,725$1,333$1,020$774$431
24 years$2,096$1,617$1,232$930$696$376
25 years$1,990$1,517$1,142$849$626$328
26 years$1,893$1,426$1,059$777$564$286
27 years$1,804$1,342$983$711$508$249
28 years$1,721$1,264$914$651$459$218
29 years$1,643$1,193$850$597$414$190
30 years$1,571$1,127$792$548$374$166
31 years$1,504$1,065$739$503$338$145
32 years$1,441$1,008$689$463$306$127
33 years$1,383$954$643$425$277$111
34 years$1,327$904$601$391$251$97
35 years$1,275$858$562$360$227$85
36 years$1,226$814$526$332$206$75
37 years$1,180$773$492$306$187$65
38 years$1,136$735$461$282$169$57
39 years$1,095$699$432$260$153$50
40 years$1,055$665$405$240$139$44
41 years$1,018$633$379$221$126$38
42 years$983$603$356$204$115$34
43 years$949$574$334$188$104$29
44 years$917$547$314$174$94$26
45 years$887$522$294$161$86$23
46 years$858$498$276$148$78$20
47 years$830$475$260$137$71$17
48 years$803$454$244$127$64$15
49 years$778$433$229$117$58$13
50 years$754$414$216$108$53$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $772,000, adding $4,931 every year, while hoping to spend $51,829 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: 37/34/29 Blend
64$772,000$772,000$772,000$772,000
65$855,830$814,914$802,948$879,933
66$887,979$799,699$774,701$883,011
67$921,671$782,002$743,771$881,277
68$957,006$761,646$710,013$878,422
69$994,098$738,443$673,276$874,378
70$1,033,067$712,198$633,401$869,078
71$1,074,044$682,700$590,224$862,450
72$1,117,172$649,728$543,572$854,423
73$1,162,607$613,048$493,266$844,923
74$1,210,518$572,412$439,115$833,874
75$1,261,090$527,559$380,924$821,199
76$1,314,524$478,212$318,488$806,820
77$1,371,039$424,078$251,591$790,658
78$1,430,875$364,849$180,009$772,633
79$1,494,294$300,196$103,510$752,666
80$1,561,583$229,776$21,848$730,678
81$1,633,053$153,224$0$706,589
82$1,709,047$70,155$0$700,528
83$1,789,940$0$0$700,742
84$1,876,140$0$0$707,899
85$1,968,097$0$0$743,596
86$2,066,303$0$0$781,783
87$2,171,295$0$0$822,680
88$2,283,664$0$0$866,524
89$2,404,059$0$0$913,579
90$2,533,189$0$0$964,130
91$2,671,833$0$0$1,018,496
92$2,820,848$0$0$1,077,021
93$2,981,171$0$0$1,140,087
94$3,153,834$0$0$1,208,112
95$3,339,969$0$0$1,281,554
96$3,540,820$0$0$1,360,920
97$3,757,753$0$0$1,446,764
98$3,992,269$0$0$1,539,695
99$4,246,021$0$0$1,640,384
100$4,520,821$0$0$1,749,568