Can I retire at age 65 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$64,081$63,511$62,954$62,410$61,879$61,489
2 years$31,723$31,133$30,560$30,005$29,466$29,073
3 years$20,939$20,346$19,774$19,224$18,695$18,310
4 years$15,548$14,956$14,391$13,850$13,333$12,960
5 years$12,314$11,726$11,168$10,638$10,136$9,776
6 years$10,159$9,575$9,025$8,507$8,020$7,673
7 years$8,620$8,041$7,500$6,994$6,522$6,189
8 years$7,466$6,893$6,361$5,867$5,411$5,091
9 years$6,569$6,001$5,478$4,998$4,557$4,251
10 years$5,852$5,290$4,776$4,308$3,883$3,590
11 years$5,266$4,709$4,205$3,749$3,339$3,059
12 years$4,778$4,227$3,732$3,289$2,894$2,626
13 years$4,365$3,820$3,334$2,903$2,523$2,269
14 years$4,012$3,472$2,996$2,577$2,212$1,970
15 years$3,706$3,172$2,705$2,299$1,948$1,717
16 years$3,438$2,910$2,452$2,058$1,721$1,502
17 years$3,202$2,680$2,231$1,849$1,526$1,318
18 years$2,993$2,476$2,037$1,666$1,357$1,160
19 years$2,806$2,295$1,865$1,506$1,210$1,023
20 years$2,637$2,133$1,711$1,364$1,080$904
21 years$2,485$1,987$1,574$1,238$967$800
22 years$2,347$1,854$1,451$1,125$867$710
23 years$2,222$1,734$1,340$1,025$778$630
24 years$2,106$1,625$1,239$935$699$560
25 years$2,001$1,525$1,147$854$629$498
26 years$1,903$1,433$1,064$781$567$443
27 years$1,813$1,349$988$714$511$395
28 years$1,730$1,271$919$655$461$352
29 years$1,652$1,199$855$600$416$314
30 years$1,580$1,132$796$551$376$281
31 years$1,512$1,070$742$506$340$251
32 years$1,449$1,013$693$465$308$224
33 years$1,390$959$647$428$278$200
34 years$1,334$909$604$393$252$179
35 years$1,282$862$565$362$228$160
36 years$1,232$818$528$334$207$143
37 years$1,186$777$495$307$187$128
38 years$1,142$739$463$283$170$115
39 years$1,100$702$434$261$154$103
40 years$1,061$668$407$241$140$92
41 years$1,023$636$381$222$127$82
42 years$988$606$358$205$115$74
43 years$954$577$336$189$104$66
44 years$922$550$315$175$95$59
45 years$891$525$296$161$86$53
46 years$862$501$278$149$78$48
47 years$834$478$261$138$71$43
48 years$808$456$245$127$64$38
49 years$782$435$231$118$59$34
50 years$758$416$217$109$53$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $776,000, adding $6,323 every year, while hoping to spend $39,914 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: 49/39/12 Blend
64$776,000$776,000$776,000$776,000
65$861,674$820,546$808,518$900,776
66$907,097$818,285$793,135$926,052
67$955,815$814,575$775,899$948,801
68$1,008,122$809,303$756,706$972,610
69$1,064,341$802,350$735,447$997,590
70$1,124,827$793,588$712,007$1,023,867
71$1,189,967$782,882$686,267$1,051,580
72$1,260,190$770,089$658,103$1,080,886
73$1,335,964$755,058$627,384$1,111,961
74$1,417,805$737,628$593,974$1,145,001
75$1,506,279$717,630$557,731$1,180,225
76$1,602,009$694,884$518,504$1,217,876
77$1,705,680$669,199$476,140$1,258,227
78$1,818,043$640,373$430,474$1,301,582
79$1,939,926$608,194$381,338$1,348,280
80$2,072,240$572,437$328,554$1,398,698
81$2,215,984$532,862$271,936$1,453,256
82$2,372,260$489,218$211,292$1,512,421
83$2,542,279$441,238$146,418$1,576,714
84$2,727,373$388,640$77,105$1,646,712
85$2,929,009$331,128$3,132$1,723,060
86$3,148,801$268,386$0$1,806,470
87$3,388,523$200,082$0$1,907,443
88$3,650,132$125,865$0$2,018,213
89$3,935,778$45,365$0$2,139,388
90$4,247,830$0$0$2,272,087
91$4,588,895$0$0$2,435,491
92$4,961,844$0$0$2,635,540
93$5,369,837$0$0$2,854,470
94$5,816,356$0$0$3,094,159
95$6,305,231$0$0$3,356,676
96$6,840,683$0$0$3,644,296
97$7,427,359$0$0$3,959,530
98$8,070,378$0$0$4,305,137
99$8,775,375$0$0$4,684,161
100$9,548,560$0$0$5,099,953