Can I retire at age 65 with 774,000?

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 $774,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$63,916$63,347$62,791$62,249$61,720$61,434
2 years$31,642$31,052$30,481$29,928$29,390$29,102
3 years$20,885$20,293$19,723$19,175$18,646$18,364
4 years$15,508$14,918$14,354$13,814$13,299$13,025
5 years$12,282$11,696$11,139$10,611$10,110$9,845
6 years$10,132$9,550$9,002$8,486$7,999$7,744
7 years$8,597$8,020$7,481$6,976$6,506$6,260
8 years$7,447$6,875$6,344$5,852$5,397$5,161
9 years$6,552$5,986$5,464$4,985$4,545$4,319
10 years$5,837$5,276$4,764$4,297$3,873$3,656
11 years$5,253$4,697$4,194$3,740$3,331$3,124
12 years$4,766$4,216$3,722$3,280$2,886$2,688
13 years$4,354$3,810$3,325$2,896$2,517$2,328
14 years$4,001$3,463$2,988$2,571$2,206$2,026
15 years$3,696$3,164$2,698$2,293$1,943$1,771
16 years$3,429$2,903$2,446$2,053$1,717$1,554
17 years$3,194$2,673$2,226$1,844$1,522$1,368
18 years$2,985$2,470$2,032$1,662$1,354$1,207
19 years$2,798$2,289$1,860$1,502$1,206$1,067
20 years$2,631$2,127$1,707$1,360$1,078$946
21 years$2,479$1,981$1,570$1,235$964$840
22 years$2,341$1,850$1,447$1,122$864$747
23 years$2,216$1,730$1,336$1,022$776$665
24 years$2,101$1,621$1,236$932$697$593
25 years$1,995$1,521$1,144$851$628$529
26 years$1,898$1,430$1,061$779$565$472
27 years$1,808$1,345$986$713$510$422
28 years$1,725$1,268$916$653$460$378
29 years$1,648$1,196$853$599$415$338
30 years$1,576$1,129$794$550$375$303
31 years$1,508$1,068$740$505$339$271
32 years$1,445$1,010$691$464$307$243
33 years$1,386$957$645$427$278$218
34 years$1,331$907$603$392$251$196
35 years$1,278$860$563$361$228$176
36 years$1,229$816$527$333$206$158
37 years$1,183$775$493$307$187$142
38 years$1,139$737$462$283$170$127
39 years$1,098$701$433$261$154$114
40 years$1,058$667$406$240$139$103
41 years$1,021$635$380$222$127$92
42 years$985$604$357$205$115$83
43 years$952$576$335$189$104$75
44 years$920$549$314$174$95$67
45 years$889$523$295$161$86$60
46 years$860$499$277$149$78$54
47 years$832$476$260$137$71$49
48 years$805$455$245$127$64$44
49 years$780$434$230$117$58$39
50 years$756$415$216$108$53$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $774,000, adding $3,181 every year, while hoping to spend $54,385 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: 78/14/8 Blend
64$774,000$774,000$774,000$774,000
65$856,229$815,207$803,210$921,819
66$885,699$797,287$772,253$947,407
67$916,353$776,666$738,435$968,093
68$948,253$753,155$701,604$989,183
69$981,467$726,552$661,601$1,010,691
70$1,016,068$696,645$618,256$1,032,635
71$1,052,136$663,209$571,396$1,055,036
72$1,089,754$626,006$520,838$1,077,917
73$1,129,013$584,785$466,391$1,101,303
74$1,170,012$539,279$407,854$1,125,223
75$1,212,857$489,207$345,021$1,149,710
76$1,257,662$434,272$277,673$1,174,802
77$1,304,552$374,160$205,584$1,200,540
78$1,353,661$308,539$128,516$1,226,971
79$1,405,135$237,057$46,221$1,254,149
80$1,459,131$159,345$0$1,282,135
81$1,515,820$75,011$0$1,314,546
82$1,575,390$0$0$1,352,350
83$1,638,042$0$0$1,394,227
84$1,703,996$0$0$1,450,484
85$1,773,491$0$0$1,509,773
86$1,846,790$0$0$1,572,316
87$1,924,176$0$0$1,638,358
88$2,005,959$0$0$1,708,164
89$2,092,477$0$0$1,782,025
90$2,184,101$0$0$1,860,259
91$2,281,234$0$0$1,943,211
92$2,384,316$0$0$2,031,261
93$2,493,829$0$0$2,124,821
94$2,610,303$0$0$2,224,345
95$2,734,312$0$0$2,330,329
96$2,866,490$0$0$2,443,315
97$3,007,529$0$0$2,563,897
98$3,158,186$0$0$2,692,726
99$3,319,293$0$0$2,830,516
100$3,491,760$0$0$2,978,050