Can I retire at age 75 with 771,000?

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 $771,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$63,668$63,101$62,548$62,008$61,481$60,687
2 years$31,519$30,932$30,363$29,812$29,276$28,478
3 years$20,804$20,214$19,647$19,101$18,574$17,796
4 years$15,447$14,860$14,298$13,761$13,247$12,495
5 years$12,234$11,650$11,096$10,570$10,070$9,346
6 years$10,093$9,513$8,967$8,453$7,968$7,273
7 years$8,564$7,989$7,452$6,949$6,480$5,815
8 years$7,418$6,848$6,320$5,830$5,376$4,740
9 years$6,527$5,963$5,443$4,966$4,527$3,920
10 years$5,815$5,256$4,745$4,280$3,858$3,279
11 years$5,232$4,679$4,178$3,725$3,318$2,767
12 years$4,747$4,200$3,708$3,268$2,875$2,352
13 years$4,337$3,795$3,313$2,885$2,507$2,010
14 years$3,986$3,450$2,976$2,561$2,198$1,727
15 years$3,682$3,151$2,687$2,284$1,935$1,489
16 years$3,416$2,891$2,436$2,045$1,710$1,289
17 years$3,182$2,663$2,217$1,837$1,516$1,119
18 years$2,973$2,461$2,024$1,656$1,348$973
19 years$2,788$2,280$1,853$1,496$1,202$848
20 years$2,620$2,119$1,700$1,355$1,073$741
21 years$2,469$1,974$1,564$1,230$961$648
22 years$2,332$1,842$1,441$1,118$861$568
23 years$2,207$1,723$1,331$1,018$773$498
24 years$2,093$1,615$1,231$929$695$437
25 years$1,988$1,515$1,140$848$625$384
26 years$1,891$1,424$1,057$776$563$338
27 years$1,801$1,340$982$710$508$297
28 years$1,718$1,263$913$650$458$261
29 years$1,641$1,191$849$596$414$230
30 years$1,569$1,125$791$547$374$203
31 years$1,502$1,064$738$503$338$179
32 years$1,440$1,006$688$462$306$158
33 years$1,381$953$643$425$277$139
34 years$1,325$903$600$391$250$123
35 years$1,274$857$561$360$227$108
36 years$1,225$813$525$331$206$96
37 years$1,178$772$491$305$186$84
38 years$1,135$734$460$281$169$75
39 years$1,093$698$431$260$153$66
40 years$1,054$664$404$239$139$58
41 years$1,017$632$379$221$126$51
42 years$982$602$355$204$114$45
43 years$948$574$334$188$104$40
44 years$916$547$313$174$94$35
45 years$886$521$294$160$86$31
46 years$857$497$276$148$78$28
47 years$829$475$259$137$71$24
48 years$802$453$244$127$64$22
49 years$777$433$229$117$58$19
50 years$753$413$215$108$53$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $771,000, adding $4,627 every year, while hoping to spend $46,004 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: 52/31/17 Blend
74$771,000$771,000$771,000$771,000
75$854,415$813,552$801,601$894,657
76$892,617$804,468$779,507$913,684
77$933,174$793,397$755,131$929,156
78$976,278$780,193$728,347$944,974
79$1,022,138$764,702$699,026$961,186
80$1,070,983$746,760$667,031$977,845
81$1,123,065$726,192$632,218$995,014
82$1,178,658$702,817$594,438$1,012,766
83$1,238,065$676,439$553,536$1,031,181
84$1,301,616$646,852$509,348$1,050,355
85$1,369,673$613,840$461,703$1,070,395
86$1,442,633$577,172$410,424$1,091,421
87$1,520,933$536,605$355,324$1,113,573
88$1,605,051$491,881$296,210$1,137,006
89$1,695,512$442,729$232,879$1,161,898
90$1,792,892$388,861$165,118$1,188,449
91$1,897,825$329,973$92,707$1,216,884
92$2,011,006$265,744$15,416$1,247,456
93$2,133,199$195,836$0$1,280,451
94$2,265,243$119,890$0$1,328,356
95$2,408,061$37,527$0$1,383,139
96$2,562,667$0$0$1,442,452
97$2,730,175$0$0$1,524,415
98$2,911,813$0$0$1,627,238
99$3,108,927$0$0$1,738,890
100$3,323,000$0$0$1,860,219