Can I retire at age 65 with 774,000?

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 $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%17.2%
1 years$63,916$63,347$62,791$62,249$61,720$59,912
2 years$31,642$31,052$30,481$29,928$29,390$27,584
3 years$20,885$20,293$19,723$19,175$18,646$16,898
4 years$15,508$14,918$14,354$13,814$13,299$11,621
5 years$12,282$11,696$11,139$10,611$10,110$8,508
6 years$10,132$9,550$9,002$8,486$7,999$6,475
7 years$8,597$8,020$7,481$6,976$6,506$5,058
8 years$7,447$6,875$6,344$5,852$5,397$4,026
9 years$6,552$5,986$5,464$4,985$4,545$3,249
10 years$5,837$5,276$4,764$4,297$3,873$2,649
11 years$5,253$4,697$4,194$3,740$3,331$2,178
12 years$4,766$4,216$3,722$3,280$2,886$1,803
13 years$4,354$3,810$3,325$2,896$2,517$1,500
14 years$4,001$3,463$2,988$2,571$2,206$1,253
15 years$3,696$3,164$2,698$2,293$1,943$1,050
16 years$3,429$2,903$2,446$2,053$1,717$883
17 years$3,194$2,673$2,226$1,844$1,522$744
18 years$2,985$2,470$2,032$1,662$1,354$628
19 years$2,798$2,289$1,860$1,502$1,206$531
20 years$2,631$2,127$1,707$1,360$1,078$450
21 years$2,479$1,981$1,570$1,235$964$381
22 years$2,341$1,850$1,447$1,122$864$324
23 years$2,216$1,730$1,336$1,022$776$275
24 years$2,101$1,621$1,236$932$697$234
25 years$1,995$1,521$1,144$851$628$199
26 years$1,898$1,430$1,061$779$565$169
27 years$1,808$1,345$986$713$510$144
28 years$1,725$1,268$916$653$460$123
29 years$1,648$1,196$853$599$415$104
30 years$1,576$1,129$794$550$375$89
31 years$1,508$1,068$740$505$339$76
32 years$1,445$1,010$691$464$307$65
33 years$1,386$957$645$427$278$55
34 years$1,331$907$603$392$251$47
35 years$1,278$860$563$361$228$40
36 years$1,229$816$527$333$206$34
37 years$1,183$775$493$307$187$29
38 years$1,139$737$462$283$170$25
39 years$1,098$701$433$261$154$21
40 years$1,058$667$406$240$139$18
41 years$1,021$635$380$222$127$15
42 years$985$604$357$205$115$13
43 years$952$576$335$189$104$11
44 years$920$549$314$174$95$10
45 years$889$523$295$161$86$8
46 years$860$499$277$149$78$7
47 years$832$476$260$137$71$6
48 years$805$455$245$127$64$5
49 years$780$434$230$117$58$4
50 years$756$415$216$108$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $774,000, adding $4,519 every year, while hoping to spend $47,226 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: 45/43/12 Blend
64$774,000$774,000$774,000$774,000
65$857,609$816,587$804,590$893,081
66$894,837$806,352$781,296$907,935
67$934,280$794,032$755,639$918,867
68$976,113$779,476$727,489$929,671
69$1,020,529$762,523$696,712$940,353
70$1,067,738$743,002$663,167$950,921
71$1,117,970$720,732$626,706$961,392
72$1,171,478$695,523$587,176$971,784
73$1,228,537$667,172$544,415$982,123
74$1,289,450$635,465$498,255$992,443
75$1,354,547$600,176$448,519$1,002,783
76$1,424,192$561,066$395,026$1,013,192
77$1,498,782$517,881$337,582$1,023,731
78$1,578,754$470,353$275,987$1,034,470
79$1,664,587$418,200$210,032$1,045,493
80$1,756,805$361,123$139,499$1,056,899
81$1,855,987$298,805$64,160$1,068,803
82$1,962,765$230,914$0$1,081,340
83$2,077,834$157,096$0$1,096,744
84$2,201,959$76,979$0$1,122,017
85$2,335,978$0$0$1,149,174
86$2,480,814$0$0$1,183,135
87$2,637,480$0$0$1,259,342
88$2,807,090$0$0$1,341,922
89$2,990,868$0$0$1,431,479
90$3,190,162$0$0$1,528,681
91$3,406,453$0$0$1,634,259
92$3,641,367$0$0$1,749,021
93$3,896,698$0$0$1,873,853
94$4,174,416$0$0$2,009,730
95$4,476,690$0$0$2,157,725
96$4,805,904$0$0$2,319,022
97$5,164,685$0$0$2,494,918
98$5,555,922$0$0$2,686,845
99$5,982,795$0$0$2,896,379
100$6,448,804$0$0$3,125,252