Can I retire at age 67 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%11.8%
1 years$64,164$63,592$63,035$62,491$61,959$61,491
2 years$31,764$31,173$30,599$30,044$29,504$29,033
3 years$20,966$20,372$19,800$19,249$18,719$18,258
4 years$15,568$14,975$14,409$13,868$13,350$12,904
5 years$12,330$11,741$11,182$10,652$10,149$9,718
6 years$10,172$9,587$9,037$8,518$8,030$7,616
7 years$8,631$8,051$7,510$7,003$6,531$6,133
8 years$7,476$6,902$6,369$5,875$5,418$5,036
9 years$6,578$6,009$5,485$5,004$4,563$4,197
10 years$5,860$5,297$4,782$4,314$3,888$3,538
11 years$5,273$4,715$4,210$3,754$3,344$3,010
12 years$4,784$4,232$3,737$3,293$2,897$2,579
13 years$4,371$3,825$3,338$2,907$2,527$2,224
14 years$4,017$3,477$3,000$2,581$2,215$1,927
15 years$3,710$3,176$2,708$2,301$1,950$1,676
16 years$3,442$2,914$2,455$2,061$1,723$1,464
17 years$3,206$2,684$2,234$1,852$1,528$1,282
18 years$2,997$2,480$2,040$1,669$1,359$1,126
19 years$2,809$2,298$1,867$1,508$1,211$991
20 years$2,641$2,136$1,714$1,366$1,082$873
21 years$2,489$1,989$1,576$1,239$968$771
22 years$2,350$1,857$1,453$1,127$868$682
23 years$2,224$1,737$1,341$1,026$779$604
24 years$2,109$1,627$1,240$936$700$536
25 years$2,003$1,527$1,149$855$630$476
26 years$1,906$1,435$1,066$782$567$422
27 years$1,815$1,351$989$715$512$376
28 years$1,732$1,273$920$655$462$334
29 years$1,654$1,201$856$601$417$297
30 years$1,582$1,134$797$552$377$265
31 years$1,514$1,072$743$507$341$236
32 years$1,451$1,014$694$466$308$210
33 years$1,391$960$648$428$279$188
34 years$1,336$910$605$394$252$167
35 years$1,283$863$566$363$229$149
36 years$1,234$820$529$334$207$133
37 years$1,187$778$495$308$188$119
38 years$1,143$740$464$284$170$106
39 years$1,102$703$435$262$154$95
40 years$1,062$669$407$241$140$85
41 years$1,025$637$382$223$127$76
42 years$989$607$358$205$115$68
43 years$955$578$336$190$105$60
44 years$923$551$316$175$95$54
45 years$892$525$296$162$86$48
46 years$863$501$278$149$78$43
47 years$835$478$261$138$71$39
48 years$809$457$246$127$65$34
49 years$783$436$231$118$59$31
50 years$759$417$217$109$53$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $777,000, adding $2,940 every year, while hoping to spend $40,100 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: 34/48/18 Blend
66$777,000$777,000$777,000$777,000
67$859,287$818,106$806,062$883,647
68$904,268$815,527$790,399$899,223
69$952,493$811,477$772,867$912,078
70$1,004,251$805,843$753,362$925,095
71$1,059,858$798,503$731,773$938,310
72$1,119,662$789,329$707,986$951,767
73$1,184,045$778,183$681,881$965,519
74$1,253,425$764,921$653,332$979,627
75$1,328,263$749,391$622,207$994,161
76$1,409,065$731,431$588,370$1,009,205
77$1,496,386$710,867$551,677$1,024,853
78$1,590,838$687,520$511,978$1,041,215
79$1,693,090$661,195$469,116$1,058,416
80$1,803,882$631,690$422,928$1,076,601
81$1,924,025$598,790$373,243$1,095,932
82$2,054,411$562,266$319,882$1,116,597
83$2,196,021$521,878$262,659$1,138,807
84$2,349,936$477,370$201,379$1,162,803
85$2,517,342$428,475$135,838$1,188,856
86$2,699,547$374,906$65,825$1,217,274
87$2,897,989$316,364$0$1,248,401
88$3,114,248$252,530$0$1,284,337
89$3,350,067$183,069$0$1,337,415
90$3,607,361$107,627$0$1,395,517
91$3,888,241$25,830$0$1,459,246
92$4,195,027$0$0$1,529,273
93$4,530,277$0$0$1,639,472
94$4,896,803$0$0$1,774,978
95$5,297,706$0$0$1,923,305
96$5,736,395$0$0$2,085,732
97$6,216,628$0$0$2,263,663
98$6,742,540$0$0$2,458,646
99$7,318,689$0$0$2,672,386
100$7,950,089$0$0$2,906,761