Can I retire at age 67 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$64,081$63,511$62,954$62,410$61,879$60,556
2 years$31,723$31,133$30,560$30,005$29,466$28,139
3 years$20,939$20,346$19,774$19,224$18,695$17,406
4 years$15,548$14,956$14,391$13,850$13,333$12,092
5 years$12,314$11,726$11,168$10,638$10,136$8,946
6 years$10,159$9,575$9,025$8,507$8,020$6,883
7 years$8,620$8,041$7,500$6,994$6,522$5,438
8 years$7,466$6,893$6,361$5,867$5,411$4,379
9 years$6,569$6,001$5,478$4,998$4,557$3,577
10 years$5,852$5,290$4,776$4,308$3,883$2,953
11 years$5,266$4,709$4,205$3,749$3,339$2,460
12 years$4,778$4,227$3,732$3,289$2,894$2,062
13 years$4,365$3,820$3,334$2,903$2,523$1,739
14 years$4,012$3,472$2,996$2,577$2,212$1,473
15 years$3,706$3,172$2,705$2,299$1,948$1,252
16 years$3,438$2,910$2,452$2,058$1,721$1,068
17 years$3,202$2,680$2,231$1,849$1,526$913
18 years$2,993$2,476$2,037$1,666$1,357$782
19 years$2,806$2,295$1,865$1,506$1,210$671
20 years$2,637$2,133$1,711$1,364$1,080$577
21 years$2,485$1,987$1,574$1,238$967$497
22 years$2,347$1,854$1,451$1,125$867$428
23 years$2,222$1,734$1,340$1,025$778$370
24 years$2,106$1,625$1,239$935$699$319
25 years$2,001$1,525$1,147$854$629$276
26 years$1,903$1,433$1,064$781$567$238
27 years$1,813$1,349$988$714$511$206
28 years$1,730$1,271$919$655$461$179
29 years$1,652$1,199$855$600$416$155
30 years$1,580$1,132$796$551$376$134
31 years$1,512$1,070$742$506$340$116
32 years$1,449$1,013$693$465$308$101
33 years$1,390$959$647$428$278$87
34 years$1,334$909$604$393$252$76
35 years$1,282$862$565$362$228$66
36 years$1,232$818$528$334$207$57
37 years$1,186$777$495$307$187$49
38 years$1,142$739$463$283$170$43
39 years$1,100$702$434$261$154$37
40 years$1,061$668$407$241$140$32
41 years$1,023$636$381$222$127$28
42 years$988$606$358$205$115$24
43 years$954$577$336$189$104$21
44 years$922$550$315$175$95$18
45 years$891$525$296$161$86$16
46 years$862$501$278$149$78$14
47 years$834$478$261$138$71$12
48 years$808$456$245$127$64$10
49 years$782$435$231$118$59$9
50 years$758$416$217$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $776,000, adding $2,395 every year, while hoping to spend $53,940 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: 28/45/27 Blend
66$776,000$776,000$776,000$776,000
67$857,622$816,494$804,466$874,389
68$887,708$799,111$774,024$870,543
69$919,055$779,068$740,755$861,578
70$951,734$756,178$704,505$850,852
71$985,823$730,243$665,119$838,252
72$1,021,405$701,052$622,428$823,658
73$1,058,570$668,385$576,261$806,944
74$1,097,414$632,007$526,436$787,980
75$1,138,043$591,668$472,764$766,627
76$1,180,570$547,106$415,048$742,743
77$1,225,118$498,044$353,082$716,175
78$1,271,819$444,187$286,650$686,768
79$1,320,819$385,227$215,527$654,356
80$1,372,274$320,835$139,479$618,767
81$1,426,355$250,664$58,260$579,823
82$1,483,246$174,350$0$537,337
83$1,543,150$91,505$0$499,300
84$1,606,285$1,723$0$475,767
85$1,672,890$0$0$449,807
86$1,743,226$0$0$468,539
87$1,817,577$0$0$489,296
88$1,896,252$0$0$511,319
89$1,979,591$0$0$534,710
90$2,067,963$0$0$559,580
91$2,161,773$0$0$586,053
92$2,261,461$0$0$614,262
93$2,367,513$0$0$644,354
94$2,480,456$0$0$676,489
95$2,600,870$0$0$710,845
96$2,729,389$0$0$747,613
97$2,866,710$0$0$787,005
98$3,013,593$0$0$829,255
99$3,170,874$0$0$874,616
100$3,339,470$0$0$923,369