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%15.3%
1 years$64,164$63,592$63,035$62,491$61,959$60,609
2 years$31,764$31,173$30,599$30,044$29,504$28,151
3 years$20,966$20,372$19,800$19,249$18,719$17,404
4 years$15,568$14,975$14,409$13,868$13,350$12,085
5 years$12,330$11,741$11,182$10,652$10,149$8,936
6 years$10,172$9,587$9,037$8,518$8,030$6,872
7 years$8,631$8,051$7,510$7,003$6,531$5,426
8 years$7,476$6,902$6,369$5,875$5,418$4,367
9 years$6,578$6,009$5,485$5,004$4,563$3,565
10 years$5,860$5,297$4,782$4,314$3,888$2,942
11 years$5,273$4,715$4,210$3,754$3,344$2,448
12 years$4,784$4,232$3,737$3,293$2,897$2,052
13 years$4,371$3,825$3,338$2,907$2,527$1,729
14 years$4,017$3,477$3,000$2,581$2,215$1,463
15 years$3,710$3,176$2,708$2,301$1,950$1,243
16 years$3,442$2,914$2,455$2,061$1,723$1,059
17 years$3,206$2,684$2,234$1,852$1,528$905
18 years$2,997$2,480$2,040$1,669$1,359$775
19 years$2,809$2,298$1,867$1,508$1,211$665
20 years$2,641$2,136$1,714$1,366$1,082$571
21 years$2,489$1,989$1,576$1,239$968$491
22 years$2,350$1,857$1,453$1,127$868$423
23 years$2,224$1,737$1,341$1,026$779$365
24 years$2,109$1,627$1,240$936$700$315
25 years$2,003$1,527$1,149$855$630$272
26 years$1,906$1,435$1,066$782$567$235
27 years$1,815$1,351$989$715$512$203
28 years$1,732$1,273$920$655$462$175
29 years$1,654$1,201$856$601$417$152
30 years$1,582$1,134$797$552$377$131
31 years$1,514$1,072$743$507$341$114
32 years$1,451$1,014$694$466$308$98
33 years$1,391$960$648$428$279$85
34 years$1,336$910$605$394$252$74
35 years$1,283$863$566$363$229$64
36 years$1,234$820$529$334$207$55
37 years$1,187$778$495$308$188$48
38 years$1,143$740$464$284$170$42
39 years$1,102$703$435$262$154$36
40 years$1,062$669$407$241$140$31
41 years$1,025$637$382$223$127$27
42 years$989$607$358$205$115$24
43 years$955$578$336$190$105$20
44 years$923$551$316$175$95$18
45 years$892$525$296$162$86$15
46 years$863$501$278$149$78$13
47 years$835$478$261$138$71$12
48 years$809$457$246$127$65$10
49 years$783$436$231$118$59$9
50 years$759$417$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $777,000, adding $3,233 every year, while hoping to spend $36,063 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: 54/32/14 Blend
64$777,000$777,000$777,000$777,000
65$859,589$818,408$806,364$902,669
66$908,896$820,139$795,007$934,095
67$962,024$820,746$782,060$964,132
68$1,019,324$820,137$767,433$996,003
69$1,081,183$818,211$751,030$1,029,892
70$1,148,025$814,865$732,750$1,066,000
71$1,220,317$809,986$712,491$1,104,553
72$1,298,571$803,457$690,140$1,145,801
73$1,383,350$795,152$665,586$1,190,021
74$1,475,276$784,938$638,707$1,237,520
75$1,575,029$772,675$609,378$1,288,638
76$1,683,359$758,213$577,470$1,343,752
77$1,801,090$741,395$542,844$1,403,280
78$1,929,130$722,052$505,358$1,467,686
79$2,068,477$700,007$464,862$1,537,481
80$2,220,228$675,074$421,201$1,613,235
81$2,385,591$647,053$374,212$1,695,575
82$2,565,897$615,734$323,724$1,785,198
83$2,762,609$580,896$269,559$1,882,876
84$2,977,338$542,302$211,532$1,989,460
85$3,211,857$499,705$149,448$2,105,895
86$3,468,118$452,842$83,106$2,233,225
87$3,748,270$401,436$12,294$2,372,606
88$4,054,679$345,192$0$2,525,314
89$4,389,950$283,800$0$2,702,216
90$4,756,953$216,935$0$2,897,996
91$5,158,846$144,248$0$3,112,578
92$5,599,107$65,375$0$3,347,911
93$6,081,568$0$0$3,606,144
94$6,610,447$0$0$3,896,719
95$7,190,392$0$0$4,240,666
96$7,826,520$0$0$4,618,010
97$8,524,468$0$0$5,032,104
98$9,290,446$0$0$5,486,642
99$10,131,293$0$0$5,985,693
100$11,054,542$0$0$6,533,738