Can I retire at age 67 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$63,751$63,183$62,629$62,088$61,560$61,172
2 years$31,560$30,972$30,403$29,850$29,314$28,923
3 years$20,831$20,241$19,672$19,125$18,598$18,216
4 years$15,468$14,879$14,316$13,779$13,264$12,894
5 years$12,250$11,665$11,110$10,583$10,083$9,725
6 years$10,106$9,526$8,979$8,464$7,979$7,634
7 years$8,575$8,000$7,461$6,958$6,489$6,157
8 years$7,428$6,857$6,328$5,837$5,383$5,065
9 years$6,535$5,970$5,450$4,972$4,533$4,229
10 years$5,822$5,263$4,752$4,286$3,863$3,571
11 years$5,239$4,685$4,183$3,730$3,322$3,043
12 years$4,753$4,205$3,712$3,272$2,879$2,613
13 years$4,343$3,800$3,317$2,888$2,510$2,257
14 years$3,991$3,454$2,980$2,564$2,201$1,959
15 years$3,686$3,155$2,691$2,287$1,938$1,708
16 years$3,420$2,895$2,440$2,047$1,712$1,495
17 years$3,186$2,666$2,220$1,840$1,518$1,312
18 years$2,977$2,464$2,026$1,658$1,350$1,154
19 years$2,791$2,283$1,855$1,498$1,203$1,018
20 years$2,624$2,122$1,703$1,357$1,075$900
21 years$2,473$1,976$1,566$1,231$962$796
22 years$2,335$1,845$1,443$1,120$862$706
23 years$2,210$1,725$1,333$1,020$774$627
24 years$2,096$1,617$1,232$930$696$557
25 years$1,990$1,517$1,142$849$626$495
26 years$1,893$1,426$1,059$777$564$441
27 years$1,804$1,342$983$711$508$393
28 years$1,721$1,264$914$651$459$350
29 years$1,643$1,193$850$597$414$313
30 years$1,571$1,127$792$548$374$279
31 years$1,504$1,065$739$503$338$249
32 years$1,441$1,008$689$463$306$223
33 years$1,383$954$643$425$277$199
34 years$1,327$904$601$391$251$178
35 years$1,275$858$562$360$227$159
36 years$1,226$814$526$332$206$143
37 years$1,180$773$492$306$187$128
38 years$1,136$735$461$282$169$114
39 years$1,095$699$432$260$153$102
40 years$1,055$665$405$240$139$92
41 years$1,018$633$379$221$126$82
42 years$983$603$356$204$115$73
43 years$949$574$334$188$104$66
44 years$917$547$314$174$94$59
45 years$887$522$294$161$86$53
46 years$858$498$276$148$78$47
47 years$830$475$260$137$71$42
48 years$803$454$244$127$64$38
49 years$778$433$229$117$58$34
50 years$754$414$216$108$53$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $772,000, adding $5,515 every year, while hoping to spend $29,383 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: 71/11/18 Blend
66$772,000$772,000$772,000$772,000
67$856,433$815,517$803,551$913,200
68$912,526$824,214$799,206$960,382
69$973,355$832,352$793,732$1,007,979
70$1,039,373$839,874$787,058$1,059,345
71$1,111,078$846,716$779,113$1,114,847
72$1,189,015$852,812$769,820$1,174,892
73$1,273,787$858,093$759,102$1,239,929
74$1,366,056$862,482$746,874$1,310,450
75$1,466,551$865,900$733,051$1,387,001
76$1,576,072$868,262$717,541$1,470,182
77$1,695,502$869,477$700,250$1,560,656
78$1,825,812$869,450$681,077$1,659,152
79$1,968,070$868,080$659,919$1,766,477
80$2,123,454$865,256$636,667$1,883,517
81$2,293,259$860,866$611,207$2,011,252
82$2,478,909$854,786$583,421$2,150,762
83$2,681,976$846,889$553,183$2,303,236
84$2,904,187$837,036$520,365$2,469,988
85$3,147,446$825,083$484,829$2,652,465
86$3,413,850$810,876$446,435$2,852,262
87$3,705,705$794,252$405,033$3,071,140
88$4,025,555$775,037$360,469$3,311,038
89$4,376,197$753,051$312,581$3,574,096
90$4,760,717$728,098$261,200$3,862,672
91$5,182,509$699,973$206,149$4,179,368
92$5,645,314$668,461$147,245$4,527,050
93$6,153,253$633,332$84,294$4,908,881
94$6,710,863$594,344$17,096$5,328,345
95$7,323,143$551,239$0$5,789,287
96$7,995,601$503,747$0$6,306,432
97$8,734,302$451,580$0$6,878,147
98$9,545,930$394,437$0$7,506,340
99$10,437,848$331,997$0$8,196,734
100$11,418,165$263,922$0$8,955,636