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%15.7%
1 years$64,164$63,592$63,035$62,491$61,959$60,510
2 years$31,764$31,173$30,599$30,044$29,504$28,053
3 years$20,966$20,372$19,800$19,249$18,719$17,310
4 years$15,568$14,975$14,409$13,868$13,350$11,995
5 years$12,330$11,741$11,182$10,652$10,149$8,851
6 years$10,172$9,587$9,037$8,518$8,030$6,791
7 years$8,631$8,051$7,510$7,003$6,531$5,351
8 years$7,476$6,902$6,369$5,875$5,418$4,296
9 years$6,578$6,009$5,485$5,004$4,563$3,499
10 years$5,860$5,297$4,782$4,314$3,888$2,880
11 years$5,273$4,715$4,210$3,754$3,344$2,391
12 years$4,784$4,232$3,737$3,293$2,897$1,998
13 years$4,371$3,825$3,338$2,907$2,527$1,679
14 years$4,017$3,477$3,000$2,581$2,215$1,417
15 years$3,710$3,176$2,708$2,301$1,950$1,201
16 years$3,442$2,914$2,455$2,061$1,723$1,020
17 years$3,206$2,684$2,234$1,852$1,528$869
18 years$2,997$2,480$2,040$1,669$1,359$742
19 years$2,809$2,298$1,867$1,508$1,211$635
20 years$2,641$2,136$1,714$1,366$1,082$544
21 years$2,489$1,989$1,576$1,239$968$466
22 years$2,350$1,857$1,453$1,127$868$400
23 years$2,224$1,737$1,341$1,026$779$344
24 years$2,109$1,627$1,240$936$700$296
25 years$2,003$1,527$1,149$855$630$255
26 years$1,906$1,435$1,066$782$567$219
27 years$1,815$1,351$989$715$512$189
28 years$1,732$1,273$920$655$462$163
29 years$1,654$1,201$856$601$417$140
30 years$1,582$1,134$797$552$377$121
31 years$1,514$1,072$743$507$341$105
32 years$1,451$1,014$694$466$308$90
33 years$1,391$960$648$428$279$78
34 years$1,336$910$605$394$252$67
35 years$1,283$863$566$363$229$58
36 years$1,234$820$529$334$207$50
37 years$1,187$778$495$308$188$43
38 years$1,143$740$464$284$170$37
39 years$1,102$703$435$262$154$32
40 years$1,062$669$407$241$140$28
41 years$1,025$637$382$223$127$24
42 years$989$607$358$205$115$21
43 years$955$578$336$190$105$18
44 years$923$551$316$175$95$16
45 years$892$525$296$162$86$13
46 years$863$501$278$149$78$12
47 years$835$478$261$138$71$10
48 years$809$457$246$127$65$9
49 years$783$436$231$118$59$7
50 years$759$417$217$109$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $777,000, adding $4,782 every year, while hoping to spend $57,262 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: 79/5/16 Blend
64$777,000$777,000$777,000$777,000
65$861,187$820,006$807,962$925,910
66$888,101$799,260$774,103$948,475
67$915,842$775,578$737,189$965,450
68$944,433$748,756$697,060$982,472
69$973,898$718,578$653,545$999,526
70$1,004,262$684,815$606,465$1,016,591
71$1,035,551$647,225$555,635$1,033,645
72$1,067,790$605,551$500,862$1,050,667
73$1,101,005$559,524$441,942$1,067,631
74$1,135,224$508,858$378,664$1,084,511
75$1,170,474$453,249$310,806$1,101,278
76$1,206,783$392,378$238,138$1,117,903
77$1,244,177$325,907$160,418$1,134,351
78$1,282,687$253,480$77,395$1,150,588
79$1,322,340$174,719$0$1,166,575
80$1,363,165$89,227$0$1,184,185
81$1,405,192$0$0$1,215,685
82$1,448,449$0$0$1,248,040
83$1,492,967$0$0$1,286,388
84$1,538,773$0$0$1,325,845
85$1,585,898$0$0$1,366,437
86$1,634,371$0$0$1,408,188
87$1,684,218$0$0$1,451,123
88$1,735,469$0$0$1,495,265
89$1,788,151$0$0$1,540,637
90$1,842,290$0$0$1,587,262
91$1,897,911$0$0$1,635,162
92$1,955,038$0$0$1,684,356
93$2,013,693$0$0$1,734,864
94$2,073,898$0$0$1,786,703
95$2,135,669$0$0$1,839,888
96$2,199,024$0$0$1,894,433
97$2,263,975$0$0$1,950,348
98$2,330,531$0$0$2,007,641
99$2,398,699$0$0$2,066,316
100$2,468,479$0$0$2,126,374