Can I retire at age 70 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$63,999$63,429$62,873$62,330$61,800$61,053
2 years$31,683$31,093$30,521$29,966$29,428$28,677
3 years$20,912$20,319$19,749$19,200$18,671$17,937
4 years$15,528$14,937$14,372$13,832$13,316$12,607
5 years$12,298$11,711$11,153$10,624$10,123$9,440
6 years$10,145$9,563$9,014$8,496$8,010$7,354
7 years$8,609$8,031$7,490$6,985$6,514$5,886
8 years$7,456$6,884$6,352$5,860$5,404$4,803
9 years$6,561$5,994$5,471$4,991$4,551$3,977
10 years$5,845$5,283$4,770$4,303$3,878$3,331
11 years$5,259$4,703$4,199$3,745$3,335$2,814
12 years$4,772$4,221$3,727$3,284$2,890$2,395
13 years$4,359$3,815$3,330$2,900$2,520$2,050
14 years$4,006$3,468$2,992$2,574$2,209$1,763
15 years$3,701$3,168$2,701$2,296$1,945$1,523
16 years$3,434$2,906$2,449$2,055$1,719$1,320
17 years$3,198$2,677$2,229$1,847$1,524$1,147
18 years$2,989$2,473$2,034$1,664$1,355$999
19 years$2,802$2,292$1,862$1,504$1,208$872
20 years$2,634$2,130$1,709$1,362$1,079$763
21 years$2,482$1,984$1,572$1,236$966$669
22 years$2,344$1,852$1,449$1,124$866$586
23 years$2,219$1,732$1,338$1,024$777$515
24 years$2,104$1,623$1,237$934$698$453
25 years$1,998$1,523$1,146$853$628$398
26 years$1,901$1,431$1,063$780$566$351
27 years$1,811$1,347$987$714$510$309
28 years$1,727$1,269$917$654$460$273
29 years$1,650$1,198$854$600$416$241
30 years$1,578$1,131$795$550$376$212
31 years$1,510$1,069$741$505$340$187
32 years$1,447$1,012$692$464$307$166
33 years$1,388$958$646$427$278$146
34 years$1,332$908$603$393$252$129
35 years$1,280$861$564$362$228$114
36 years$1,231$817$528$333$207$101
37 years$1,184$776$494$307$187$89
38 years$1,140$738$463$283$170$79
39 years$1,099$702$433$261$154$70
40 years$1,060$667$406$241$140$62
41 years$1,022$635$381$222$127$55
42 years$987$605$357$205$115$49
43 years$953$577$335$189$104$43
44 years$921$550$315$175$95$38
45 years$890$524$296$161$86$34
46 years$861$500$278$149$78$30
47 years$833$477$261$138$71$26
48 years$807$455$245$127$64$23
49 years$781$435$230$118$58$21
50 years$757$415$217$109$53$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $775,000, adding $3,980 every year, while hoping to spend $55,338 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: 54/17/29 Blend
69$775,000$775,000$775,000$775,000
70$858,155$817,080$805,068$897,372
71$886,808$798,238$773,158$906,104
72$916,529$776,618$738,325$909,630
73$947,367$752,025$700,412$912,373
74$979,379$724,254$659,256$914,279
75$1,012,619$693,086$614,685$915,292
76$1,047,151$658,292$566,521$915,354
77$1,083,039$619,627$514,578$914,406
78$1,120,353$576,833$458,661$912,384
79$1,159,169$529,638$398,566$909,223
80$1,199,568$477,754$334,082$904,858
81$1,241,635$420,875$264,985$899,218
82$1,285,464$358,680$191,044$892,232
83$1,331,155$290,829$112,017$883,827
84$1,378,815$216,962$27,652$873,928
85$1,428,561$136,700$0$862,456
86$1,480,518$49,642$0$868,635
87$1,534,822$0$0$883,468
88$1,591,617$0$0$906,747
89$1,651,064$0$0$940,850
90$1,713,333$0$0$976,592
91$1,778,610$0$0$1,014,083
92$1,847,097$0$0$1,053,442
93$1,919,012$0$0$1,094,797
94$1,994,592$0$0$1,138,287
95$2,074,097$0$0$1,184,067
96$2,157,808$0$0$1,232,300
97$2,246,029$0$0$1,283,168
98$2,339,095$0$0$1,336,868
99$2,437,369$0$0$1,393,614
100$2,541,247$0$0$1,453,640