Can I retire at age 65 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$64,329$63,756$63,197$62,651$62,119$61,598
2 years$31,846$31,253$30,678$30,121$29,580$29,056
3 years$21,020$20,424$19,851$19,299$18,767$18,255
4 years$15,608$15,014$14,446$13,904$13,385$12,888
5 years$12,361$11,771$11,211$10,679$10,175$9,696
6 years$10,198$9,612$9,060$8,540$8,051$7,590
7 years$8,653$8,072$7,529$7,021$6,548$6,105
8 years$7,495$6,919$6,385$5,890$5,432$5,008
9 years$6,595$6,025$5,500$5,017$4,574$4,169
10 years$5,875$5,310$4,795$4,325$3,898$3,510
11 years$5,286$4,727$4,221$3,764$3,352$2,982
12 years$4,796$4,243$3,746$3,301$2,905$2,552
13 years$4,382$3,835$3,347$2,915$2,533$2,198
14 years$4,027$3,485$3,007$2,587$2,221$1,902
15 years$3,720$3,184$2,715$2,307$1,955$1,652
16 years$3,451$2,921$2,462$2,066$1,728$1,441
17 years$3,215$2,690$2,240$1,856$1,532$1,260
18 years$3,004$2,486$2,045$1,673$1,362$1,105
19 years$2,816$2,304$1,872$1,512$1,214$971
20 years$2,648$2,141$1,718$1,369$1,085$855
21 years$2,495$1,994$1,580$1,243$971$754
22 years$2,356$1,862$1,456$1,130$870$666
23 years$2,230$1,741$1,345$1,029$781$589
24 years$2,115$1,631$1,244$938$702$521
25 years$2,008$1,531$1,152$857$632$462
26 years$1,911$1,439$1,068$784$569$410
27 years$1,820$1,354$992$717$513$364
28 years$1,736$1,276$922$657$463$323
29 years$1,658$1,204$858$603$418$287
30 years$1,586$1,137$799$553$378$255
31 years$1,518$1,075$745$508$341$227
32 years$1,455$1,017$695$467$309$202
33 years$1,395$963$649$429$279$180
34 years$1,339$913$607$395$253$160
35 years$1,287$866$567$364$229$143
36 years$1,237$822$531$335$208$127
37 years$1,191$780$497$309$188$113
38 years$1,146$742$465$284$171$101
39 years$1,105$705$436$262$155$90
40 years$1,065$671$408$242$140$80
41 years$1,027$639$383$223$127$72
42 years$992$608$359$206$116$64
43 years$958$580$337$190$105$57
44 years$926$552$316$176$95$51
45 years$895$527$297$162$86$45
46 years$865$503$279$150$78$40
47 years$837$480$262$138$71$36
48 years$811$458$246$128$65$32
49 years$785$437$232$118$59$29
50 years$761$418$218$109$53$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $779,000, adding $2,628 every year, while hoping to spend $34,788 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: 63/19/18 Blend
64$779,000$779,000$779,000$779,000
65$861,169$819,882$807,807$911,346
66$911,994$823,042$797,855$948,573
67$966,837$825,191$786,403$985,039
68$1,026,072$826,242$773,364$1,024,043
69$1,090,108$826,105$758,649$1,065,834
70$1,159,396$824,681$742,161$1,110,689
71$1,234,431$821,867$723,800$1,158,912
72$1,315,759$817,555$703,463$1,210,840
73$1,403,977$811,626$681,040$1,266,845
74$1,499,745$803,958$656,417$1,327,339
75$1,603,788$794,420$629,476$1,392,778
76$1,716,901$782,874$600,090$1,463,662
77$1,839,962$769,171$568,130$1,540,549
78$1,973,935$753,158$533,459$1,624,050
79$2,119,881$734,668$495,935$1,714,844
80$2,278,970$713,527$455,410$1,813,679
81$2,452,485$689,550$411,726$1,921,382
82$2,641,843$662,542$364,723$2,038,866
83$2,848,599$632,296$314,230$2,167,139
84$3,074,470$598,592$260,070$2,307,317
85$3,321,342$561,198$202,058$2,460,627
86$3,591,292$519,871$140,001$2,628,429
87$3,886,610$474,351$73,697$2,812,222
88$4,209,814$424,364$2,936$3,013,661
89$4,563,678$369,620$0$3,234,573
90$4,951,257$309,815$0$3,490,916
91$5,375,914$244,625$0$3,772,484
92$5,841,355$173,709$0$4,081,218
93$6,351,659$96,707$0$4,419,876
94$6,911,320$13,238$0$4,791,504
95$7,525,289$0$0$5,199,457
96$8,199,016$0$0$5,663,554
97$8,938,507$0$0$6,176,050
98$9,750,377$0$0$6,738,766
99$10,641,911$0$0$7,356,761
100$11,621,138$0$0$8,035,607