Can I retire at age 65 with 777,000?

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 $777,000?

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$64,164$63,592$63,035$62,491$61,959$61,569
2 years$31,764$31,173$30,599$30,044$29,504$29,110
3 years$20,966$20,372$19,800$19,249$18,719$18,334
4 years$15,568$14,975$14,409$13,868$13,350$12,977
5 years$12,330$11,741$11,182$10,652$10,149$9,788
6 years$10,172$9,587$9,037$8,518$8,030$7,683
7 years$8,631$8,051$7,510$7,003$6,531$6,197
8 years$7,476$6,902$6,369$5,875$5,418$5,098
9 years$6,578$6,009$5,485$5,004$4,563$4,256
10 years$5,860$5,297$4,782$4,314$3,888$3,594
11 years$5,273$4,715$4,210$3,754$3,344$3,063
12 years$4,784$4,232$3,737$3,293$2,897$2,630
13 years$4,371$3,825$3,338$2,907$2,527$2,272
14 years$4,017$3,477$3,000$2,581$2,215$1,972
15 years$3,710$3,176$2,708$2,301$1,950$1,719
16 years$3,442$2,914$2,455$2,061$1,723$1,504
17 years$3,206$2,684$2,234$1,852$1,528$1,320
18 years$2,997$2,480$2,040$1,669$1,359$1,162
19 years$2,809$2,298$1,867$1,508$1,211$1,025
20 years$2,641$2,136$1,714$1,366$1,082$905
21 years$2,489$1,989$1,576$1,239$968$801
22 years$2,350$1,857$1,453$1,127$868$710
23 years$2,224$1,737$1,341$1,026$779$631
24 years$2,109$1,627$1,240$936$700$560
25 years$2,003$1,527$1,149$855$630$499
26 years$1,906$1,435$1,066$782$567$444
27 years$1,815$1,351$989$715$512$396
28 years$1,732$1,273$920$655$462$353
29 years$1,654$1,201$856$601$417$315
30 years$1,582$1,134$797$552$377$281
31 years$1,514$1,072$743$507$341$251
32 years$1,451$1,014$694$466$308$224
33 years$1,391$960$648$428$279$200
34 years$1,336$910$605$394$252$179
35 years$1,283$863$566$363$229$160
36 years$1,234$820$529$334$207$144
37 years$1,187$778$495$308$188$128
38 years$1,143$740$464$284$170$115
39 years$1,102$703$435$262$154$103
40 years$1,062$669$407$241$140$92
41 years$1,025$637$382$223$127$83
42 years$989$607$358$205$115$74
43 years$955$578$336$190$105$66
44 years$923$551$316$175$95$59
45 years$892$525$296$162$86$53
46 years$863$501$278$149$78$48
47 years$835$478$261$138$71$43
48 years$809$457$246$127$65$38
49 years$783$436$231$118$59$34
50 years$759$417$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 $777,000, adding $4,759 every year, while hoping to spend $57,096 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: 37/44/19 Blend
64$777,000$777,000$777,000$777,000
65$861,163$819,982$807,938$887,930
66$888,252$799,411$774,255$887,178
67$916,190$775,919$737,529$880,640
68$945,004$749,302$697,599$872,392
69$974,722$719,344$654,295$862,312
70$1,005,370$685,819$607,441$850,272
71$1,036,977$648,484$556,850$836,136
72$1,069,575$607,085$502,330$819,760
73$1,103,192$561,353$443,679$800,993
74$1,137,860$511,002$380,685$779,675
75$1,173,613$455,732$313,128$755,637
76$1,210,482$395,223$240,779$728,701
77$1,248,502$329,141$163,396$698,679
78$1,287,709$257,128$80,729$665,371
79$1,328,139$178,811$0$628,568
80$1,369,828$93,792$0$589,567
81$1,412,816$1,653$0$564,181
82$1,457,141$0$0$535,838
83$1,502,844$0$0$551,811
84$1,549,967$0$0$569,105
85$1,598,552$0$0$586,934
86$1,648,644$0$0$605,316
87$1,700,286$0$0$624,265
88$1,753,525$0$0$643,799
89$1,808,409$0$0$663,935
90$1,864,986$0$0$684,691
91$1,923,306$0$0$706,084
92$1,983,419$0$0$728,134
93$2,045,377$0$0$750,858
94$2,109,234$0$0$774,277
95$2,175,044$0$0$798,409
96$2,242,863$0$0$823,276
97$2,312,747$0$0$848,897
98$2,384,755$0$0$875,293
99$2,458,945$0$0$902,485
100$2,535,376$0$0$930,496