Can I retire at age 65 with 773,000?

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 $773,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$63,834$63,265$62,710$62,169$61,640$61,277
2 years$31,601$31,012$30,442$29,889$29,352$28,986
3 years$20,858$20,267$19,698$19,150$18,622$18,264
4 years$15,488$14,898$14,335$13,797$13,282$12,935
5 years$12,266$11,680$11,125$10,597$10,096$9,761
6 years$10,119$9,538$8,990$8,475$7,989$7,666
7 years$8,586$8,010$7,471$6,967$6,497$6,187
8 years$7,437$6,866$6,336$5,845$5,390$5,092
9 years$6,544$5,978$5,457$4,978$4,539$4,254
10 years$5,830$5,269$4,758$4,291$3,868$3,594
11 years$5,246$4,691$4,189$3,735$3,326$3,065
12 years$4,759$4,210$3,717$3,276$2,882$2,633
13 years$4,348$3,805$3,321$2,892$2,514$2,276
14 years$3,996$3,459$2,984$2,567$2,203$1,977
15 years$3,691$3,160$2,694$2,290$1,940$1,725
16 years$3,425$2,899$2,443$2,050$1,715$1,510
17 years$3,190$2,670$2,223$1,842$1,520$1,326
18 years$2,981$2,467$2,029$1,660$1,352$1,168
19 years$2,795$2,286$1,858$1,500$1,205$1,031
20 years$2,627$2,125$1,705$1,359$1,076$912
21 years$2,476$1,979$1,568$1,233$963$807
22 years$2,338$1,847$1,445$1,121$863$716
23 years$2,213$1,728$1,334$1,021$775$636
24 years$2,098$1,619$1,234$931$697$566
25 years$1,993$1,519$1,143$850$627$504
26 years$1,896$1,428$1,060$778$565$449
27 years$1,806$1,344$984$712$509$400
28 years$1,723$1,266$915$652$459$357
29 years$1,646$1,194$852$598$415$319
30 years$1,573$1,128$793$549$375$285
31 years$1,506$1,066$739$504$339$255
32 years$1,443$1,009$690$463$306$228
33 years$1,384$956$644$426$277$204
34 years$1,329$906$602$392$251$183
35 years$1,277$859$563$361$227$163
36 years$1,228$815$526$332$206$146
37 years$1,181$774$493$306$187$131
38 years$1,138$736$461$282$169$117
39 years$1,096$700$432$260$154$105
40 years$1,057$666$405$240$139$94
41 years$1,020$634$380$221$126$85
42 years$984$604$356$204$115$76
43 years$950$575$334$189$104$68
44 years$918$548$314$174$94$61
45 years$888$523$295$161$86$55
46 years$859$499$277$149$78$49
47 years$831$476$260$137$71$44
48 years$804$454$244$127$64$39
49 years$779$434$230$117$58$35
50 years$755$414$216$108$53$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $773,000, adding $4,533 every year, while hoping to spend $35,448 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: 48/40/12 Blend
64$773,000$773,000$773,000$773,000
65$856,522$815,553$803,571$894,591
66$906,171$817,798$792,775$923,534
67$959,696$818,966$780,428$950,891
68$1,017,455$818,966$766,442$979,798
69$1,079,841$817,701$750,724$1,010,409
70$1,147,287$815,070$733,175$1,042,900
71$1,220,267$810,966$713,694$1,077,463
72$1,299,304$805,273$692,172$1,114,313
73$1,384,972$797,870$668,499$1,153,689
74$1,477,901$788,628$642,556$1,195,857
75$1,578,787$777,410$614,221$1,241,111
76$1,688,393$764,073$583,367$1,289,779
77$1,807,558$748,462$549,859$1,342,224
78$1,937,207$730,414$513,558$1,398,850
79$2,078,356$709,759$474,316$1,460,104
80$2,232,125$686,314$431,982$1,526,482
81$2,399,744$659,885$386,396$1,598,536
82$2,582,568$630,270$337,391$1,676,876
83$2,782,089$597,252$284,792$1,762,179
84$2,999,949$560,604$228,419$1,855,195
85$3,237,953$520,084$168,081$1,956,755
86$3,498,093$475,436$103,580$2,067,780
87$3,782,557$426,391$34,709$2,189,290
88$4,093,759$372,665$0$2,322,415
89$4,434,352$313,955$0$2,473,371
90$4,807,261$249,944$0$2,643,641
91$5,215,706$180,296$0$2,830,339
92$5,663,232$104,655$0$3,035,191
93$6,153,746$22,647$0$3,260,106
94$6,691,547$0$0$3,507,191
95$7,281,372$0$0$3,807,883
96$7,928,439$0$0$4,148,780
97$8,638,495$0$0$4,522,952
98$9,417,868$0$0$4,933,746
99$10,273,533$0$0$5,384,849
100$11,213,170$0$0$5,880,321