Can I retire at age 74 with 781,000?

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 $781,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$64,494$63,920$63,359$62,812$62,278$60,527
2 years$31,928$31,333$30,757$30,198$29,656$27,906
3 years$21,074$20,477$19,902$19,348$18,815$17,120
4 years$15,648$15,052$14,483$13,939$13,419$11,792
5 years$12,393$11,801$11,240$10,707$10,201$8,646
6 years$10,224$9,637$9,083$8,562$8,072$6,591
7 years$8,675$8,093$7,548$7,040$6,564$5,158
8 years$7,514$6,937$6,402$5,905$5,446$4,112
9 years$6,612$6,040$5,514$5,030$4,586$3,324
10 years$5,890$5,324$4,807$4,336$3,908$2,716
11 years$5,300$4,740$4,232$3,774$3,361$2,238
12 years$4,809$4,254$3,756$3,310$2,912$1,855
13 years$4,393$3,844$3,356$2,922$2,540$1,547
14 years$4,037$3,494$3,015$2,594$2,226$1,295
15 years$3,729$3,192$2,722$2,313$1,960$1,088
16 years$3,460$2,929$2,468$2,071$1,732$916
17 years$3,223$2,697$2,246$1,861$1,536$774
18 years$3,012$2,492$2,050$1,677$1,366$655
19 years$2,824$2,310$1,877$1,516$1,217$555
20 years$2,654$2,147$1,722$1,373$1,087$471
21 years$2,501$1,999$1,584$1,246$973$400
22 years$2,363$1,866$1,460$1,133$872$341
23 years$2,236$1,746$1,348$1,032$783$290
24 years$2,120$1,636$1,247$941$704$247
25 years$2,014$1,535$1,155$859$633$211
26 years$1,915$1,443$1,071$786$570$180
27 years$1,825$1,358$995$719$514$153
28 years$1,741$1,279$925$659$464$131
29 years$1,663$1,207$860$604$419$112
30 years$1,590$1,140$801$554$379$95
31 years$1,522$1,077$747$509$342$81
32 years$1,458$1,019$697$468$310$70
33 years$1,399$965$651$430$280$59
34 years$1,343$915$608$396$254$51
35 years$1,290$868$569$365$230$43
36 years$1,240$824$532$336$208$37
37 years$1,194$782$498$309$189$32
38 years$1,149$744$466$285$171$27
39 years$1,107$707$437$263$155$23
40 years$1,068$673$409$242$141$20
41 years$1,030$640$384$224$128$17
42 years$994$610$360$206$116$15
43 years$960$581$338$191$105$12
44 years$928$554$317$176$95$11
45 years$897$528$298$163$87$9
46 years$868$504$280$150$79$8
47 years$840$481$263$139$71$7
48 years$813$459$247$128$65$6
49 years$787$438$232$118$59$5
50 years$763$419$218$109$54$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $781,000, adding $5,991 every year, while hoping to spend $59,462 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: 63/27/10 Blend
73$781,000$781,000$781,000$781,000
74$866,842$825,449$813,343$919,165
75$891,992$802,629$777,323$932,054
76$917,716$776,697$738,103$938,676
77$944,007$747,440$695,514$944,407
78$970,860$714,628$649,378$949,159
79$998,264$678,022$599,508$952,840
80$1,026,207$637,365$545,712$955,347
81$1,054,674$592,389$487,787$956,573
82$1,083,643$542,809$425,521$956,402
83$1,113,091$488,323$358,692$954,708
84$1,142,989$428,614$287,071$951,358
85$1,173,302$363,344$210,416$946,207
86$1,203,989$292,158$128,475$939,101
87$1,235,003$214,681$40,986$929,874
88$1,266,289$130,516$0$918,346
89$1,297,784$39,244$0$909,916
90$1,329,414$0$0$903,818
91$1,361,098$0$0$913,184
92$1,392,739$0$0$934,151
93$1,424,232$0$0$954,983
94$1,455,454$0$0$975,594
95$1,486,269$0$0$995,889
96$1,516,520$0$0$1,015,758
97$1,546,035$0$0$1,035,081
98$1,574,618$0$0$1,053,719
99$1,602,048$0$0$1,071,520
100$1,628,082$0$0$1,088,311