Can I retire at age 65 with 777,000?

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 $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%19.7%
1 years$64,164$63,592$63,035$62,491$61,959$59,548
2 years$31,764$31,173$30,599$30,044$29,504$27,104
3 years$20,966$20,372$19,800$19,249$18,719$16,405
4 years$15,568$14,975$14,409$13,868$13,350$11,141
5 years$12,330$11,741$11,182$10,652$10,149$8,049
6 years$10,172$9,587$9,037$8,518$8,030$6,042
7 years$8,631$8,051$7,510$7,003$6,531$4,653
8 years$7,476$6,902$6,369$5,875$5,418$3,649
9 years$6,578$6,009$5,485$5,004$4,563$2,900
10 years$5,860$5,297$4,782$4,314$3,888$2,328
11 years$5,273$4,715$4,210$3,754$3,344$1,883
12 years$4,784$4,232$3,737$3,293$2,897$1,533
13 years$4,371$3,825$3,338$2,907$2,527$1,254
14 years$4,017$3,477$3,000$2,581$2,215$1,029
15 years$3,710$3,176$2,708$2,301$1,950$848
16 years$3,442$2,914$2,455$2,061$1,723$700
17 years$3,206$2,684$2,234$1,852$1,528$579
18 years$2,997$2,480$2,040$1,669$1,359$480
19 years$2,809$2,298$1,867$1,508$1,211$398
20 years$2,641$2,136$1,714$1,366$1,082$331
21 years$2,489$1,989$1,576$1,239$968$275
22 years$2,350$1,857$1,453$1,127$868$229
23 years$2,224$1,737$1,341$1,026$779$191
24 years$2,109$1,627$1,240$936$700$159
25 years$2,003$1,527$1,149$855$630$132
26 years$1,906$1,435$1,066$782$567$110
27 years$1,815$1,351$989$715$512$92
28 years$1,732$1,273$920$655$462$77
29 years$1,654$1,201$856$601$417$64
30 years$1,582$1,134$797$552$377$54
31 years$1,514$1,072$743$507$341$45
32 years$1,451$1,014$694$466$308$37
33 years$1,391$960$648$428$279$31
34 years$1,336$910$605$394$252$26
35 years$1,283$863$566$363$229$22
36 years$1,234$820$529$334$207$18
37 years$1,187$778$495$308$188$15
38 years$1,143$740$464$284$170$13
39 years$1,102$703$435$262$154$11
40 years$1,062$669$407$241$140$9
41 years$1,025$637$382$223$127$7
42 years$989$607$358$205$115$6
43 years$955$578$336$190$105$5
44 years$923$551$316$175$95$4
45 years$892$525$296$162$86$4
46 years$863$501$278$149$78$3
47 years$835$478$261$138$71$3
48 years$809$457$246$127$65$2
49 years$783$436$231$118$59$2
50 years$759$417$217$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $777,000, adding $4,518 every year, while hoping to spend $43,158 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: 63/9/28 Blend
64$777,000$777,000$777,000$777,000
65$860,914$819,733$807,690$908,455
66$902,808$813,980$788,828$935,486
67$947,528$806,499$767,887$959,880
68$995,318$797,159$744,753$985,599
69$1,046,443$785,823$719,305$1,012,779
70$1,101,195$772,343$691,417$1,041,572
71$1,159,894$756,566$660,957$1,072,149
72$1,222,892$738,326$627,788$1,104,697
73$1,290,573$717,450$591,765$1,139,426
74$1,363,361$693,754$552,738$1,176,569
75$1,441,719$667,044$510,550$1,216,384
76$1,526,157$637,112$465,036$1,259,159
77$1,617,236$603,741$416,025$1,305,212
78$1,715,570$566,700$363,338$1,354,897
79$1,821,835$525,746$306,788$1,408,605
80$1,936,775$480,620$246,178$1,466,773
81$2,061,206$431,050$181,304$1,529,881
82$2,196,025$376,748$111,954$1,598,465
83$2,342,221$317,409$37,905$1,673,118
84$2,500,877$252,712$0$1,754,494
85$2,673,188$182,317$0$1,855,607
86$2,860,468$105,865$0$1,977,859
87$3,064,160$22,977$0$2,110,880
88$3,285,855$0$0$2,255,737
89$3,527,301$0$0$2,420,213
90$3,790,423$0$0$2,601,985
91$4,077,338$0$0$2,800,248
92$4,390,377$0$0$3,016,618
93$4,732,107$0$0$3,252,877
94$5,105,351$0$0$3,510,984
95$5,513,220$0$0$3,793,097
96$5,959,135$0$0$4,101,591
97$6,446,866$0$0$4,439,081
98$6,980,562$0$0$4,808,449
99$7,564,793$0$0$5,212,864
100$8,204,590$0$0$5,655,819