Can I retire at age 65 with 779,000?

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 $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%13.2%
1 years$64,329$63,756$63,197$62,651$62,119$61,292
2 years$31,846$31,253$30,678$30,121$29,580$28,748
3 years$21,020$20,424$19,851$19,299$18,767$17,956
4 years$15,608$15,014$14,446$13,904$13,385$12,601
5 years$12,361$11,771$11,211$10,679$10,175$9,421
6 years$10,198$9,612$9,060$8,540$8,051$7,327
7 years$8,653$8,072$7,529$7,021$6,548$5,855
8 years$7,495$6,919$6,385$5,890$5,432$4,769
9 years$6,595$6,025$5,500$5,017$4,574$3,942
10 years$5,875$5,310$4,795$4,325$3,898$3,295
11 years$5,286$4,727$4,221$3,764$3,352$2,779
12 years$4,796$4,243$3,746$3,301$2,905$2,360
13 years$4,382$3,835$3,347$2,915$2,533$2,017
14 years$4,027$3,485$3,007$2,587$2,221$1,731
15 years$3,720$3,184$2,715$2,307$1,955$1,492
16 years$3,451$2,921$2,462$2,066$1,728$1,290
17 years$3,215$2,690$2,240$1,856$1,532$1,119
18 years$3,004$2,486$2,045$1,673$1,362$973
19 years$2,816$2,304$1,872$1,512$1,214$848
20 years$2,648$2,141$1,718$1,369$1,085$740
21 years$2,495$1,994$1,580$1,243$971$647
22 years$2,356$1,862$1,456$1,130$870$566
23 years$2,230$1,741$1,345$1,029$781$496
24 years$2,115$1,631$1,244$938$702$435
25 years$2,008$1,531$1,152$857$632$382
26 years$1,911$1,439$1,068$784$569$335
27 years$1,820$1,354$992$717$513$295
28 years$1,736$1,276$922$657$463$259
29 years$1,658$1,204$858$603$418$228
30 years$1,586$1,137$799$553$378$201
31 years$1,518$1,075$745$508$341$177
32 years$1,455$1,017$695$467$309$156
33 years$1,395$963$649$429$279$138
34 years$1,339$913$607$395$253$121
35 years$1,287$866$567$364$229$107
36 years$1,237$822$531$335$208$94
37 years$1,191$780$497$309$188$83
38 years$1,146$742$465$284$171$73
39 years$1,105$705$436$262$155$65
40 years$1,065$671$408$242$140$57
41 years$1,027$639$383$223$127$50
42 years$992$608$359$206$116$45
43 years$958$580$337$190$105$39
44 years$926$552$316$176$95$35
45 years$895$527$297$162$86$31
46 years$865$503$279$150$78$27
47 years$837$480$262$138$71$24
48 years$811$458$246$128$65$21
49 years$785$437$232$118$59$19
50 years$761$418$218$109$53$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $779,000, adding $2,017 every year, while hoping to spend $40,757 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: 53/42/5 Blend
64$779,000$779,000$779,000$779,000
65$860,539$819,252$807,177$905,104
66$904,948$816,030$790,852$932,247
67$952,522$811,284$772,615$957,104
68$1,003,539$804,897$752,357$983,148
69$1,058,306$796,743$729,968$1,010,497
70$1,117,161$786,691$705,329$1,039,284
71$1,180,472$774,599$678,318$1,069,656
72$1,248,646$760,320$648,807$1,101,780
73$1,322,128$743,696$616,663$1,135,838
74$1,401,408$724,561$581,744$1,172,036
75$1,487,024$702,737$543,905$1,210,604
76$1,579,567$678,037$502,992$1,251,797
77$1,679,687$650,265$458,846$1,295,898
78$1,788,098$619,210$411,300$1,343,223
79$1,905,584$584,652$360,179$1,394,127
80$2,033,010$546,357$305,302$1,448,999
81$2,171,325$504,076$246,477$1,508,276
82$2,321,572$457,548$183,506$1,572,442
83$2,484,901$406,496$116,182$1,642,036
84$2,662,575$350,629$44,289$1,717,656
85$2,855,985$289,637$0$1,799,966
86$3,066,660$223,194$0$1,891,435
87$3,296,284$150,955$0$1,993,785
88$3,546,710$72,556$0$2,105,572
89$3,819,977$0$0$2,227,819
90$4,118,329$0$0$2,367,382
91$4,444,237$0$0$2,556,536
92$4,800,422$0$0$2,763,335
93$5,189,878$0$0$2,989,529
94$5,615,904$0$0$3,237,040
95$6,082,128$0$0$3,507,989
96$6,592,549$0$0$3,804,709
97$7,151,570$0$0$4,129,770
98$7,764,038$0$0$4,486,002
99$8,435,293$0$0$4,876,523
100$9,171,214$0$0$5,304,764