Can I retire at age 67 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%17%
1 years$64,329$63,756$63,197$62,651$62,119$60,348
2 years$31,846$31,253$30,678$30,121$29,580$27,810
3 years$21,020$20,424$19,851$19,299$18,767$17,053
4 years$15,608$15,014$14,446$13,904$13,385$11,740
5 years$12,361$11,771$11,211$10,679$10,175$8,603
6 years$10,198$9,612$9,060$8,540$8,051$6,555
7 years$8,653$8,072$7,529$7,021$6,548$5,126
8 years$7,495$6,919$6,385$5,890$5,432$4,085
9 years$6,595$6,025$5,500$5,017$4,574$3,300
10 years$5,875$5,310$4,795$4,325$3,898$2,695
11 years$5,286$4,727$4,221$3,764$3,352$2,219
12 years$4,796$4,243$3,746$3,301$2,905$1,839
13 years$4,382$3,835$3,347$2,915$2,533$1,532
14 years$4,027$3,485$3,007$2,587$2,221$1,281
15 years$3,720$3,184$2,715$2,307$1,955$1,076
16 years$3,451$2,921$2,462$2,066$1,728$905
17 years$3,215$2,690$2,240$1,856$1,532$764
18 years$3,004$2,486$2,045$1,673$1,362$646
19 years$2,816$2,304$1,872$1,512$1,214$547
20 years$2,648$2,141$1,718$1,369$1,085$464
21 years$2,495$1,994$1,580$1,243$971$394
22 years$2,356$1,862$1,456$1,130$870$335
23 years$2,230$1,741$1,345$1,029$781$285
24 years$2,115$1,631$1,244$938$702$243
25 years$2,008$1,531$1,152$857$632$207
26 years$1,911$1,439$1,068$784$569$176
27 years$1,820$1,354$992$717$513$150
28 years$1,736$1,276$922$657$463$128
29 years$1,658$1,204$858$603$418$109
30 years$1,586$1,137$799$553$378$93
31 years$1,518$1,075$745$508$341$80
32 years$1,455$1,017$695$467$309$68
33 years$1,395$963$649$429$279$58
34 years$1,339$913$607$395$253$50
35 years$1,287$866$567$364$229$42
36 years$1,237$822$531$335$208$36
37 years$1,191$780$497$309$188$31
38 years$1,146$742$465$284$171$26
39 years$1,105$705$436$262$155$23
40 years$1,065$671$408$242$140$19
41 years$1,027$639$383$223$127$16
42 years$992$608$359$206$116$14
43 years$958$580$337$190$105$12
44 years$926$552$316$176$95$10
45 years$895$527$297$162$86$9
46 years$865$503$279$150$78$7
47 years$837$480$262$138$71$6
48 years$811$458$246$128$65$5
49 years$785$437$232$118$59$5
50 years$761$418$218$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $779,000, adding $3,150 every year, while hoping to spend $24,759 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: 70/23/7 Blend
66$779,000$779,000$779,000$779,000
67$861,707$820,420$808,346$920,867
68$923,258$834,277$809,082$974,260
69$990,257$847,984$809,013$1,029,316
70$1,063,234$861,506$808,086$1,088,878
71$1,142,772$874,808$806,245$1,153,385
72$1,229,512$887,850$803,431$1,223,317
73$1,324,160$900,593$799,584$1,299,204
74$1,427,493$912,991$794,638$1,381,631
75$1,540,366$924,996$788,528$1,471,241
76$1,663,722$936,559$781,182$1,568,744
77$1,798,596$947,626$772,526$1,674,920
78$1,946,131$958,137$762,484$1,790,631
79$2,107,583$968,032$750,973$1,916,825
80$2,284,335$977,244$737,910$2,054,549
81$2,477,912$985,704$723,205$2,204,954
82$2,689,992$993,337$706,765$2,369,311
83$2,922,424$1,000,063$688,494$2,549,018
84$3,177,242$1,005,796$668,289$2,745,619
85$3,456,688$1,010,448$646,045$2,960,812
86$3,763,232$1,013,922$621,649$3,196,473
87$4,099,593$1,016,116$594,986$3,454,666
88$4,468,768$1,016,921$565,934$3,737,667
89$4,874,055$1,016,223$534,365$4,047,984
90$5,319,089$1,013,899$500,148$4,388,383
91$5,807,876$1,009,820$463,142$4,761,911
92$6,344,825$1,003,847$423,203$5,171,927
93$6,934,797$995,835$380,180$5,622,134
94$7,583,143$985,628$333,913$6,116,612
95$8,295,763$973,062$284,238$6,659,859
96$9,079,152$957,964$230,981$7,256,833
97$9,940,470$940,148$173,963$7,912,998
98$10,887,602$919,420$112,995$8,634,378
99$11,929,237$895,572$47,881$9,427,610
100$13,074,950$868,385$0$10,300,012