Can I retire at age 75 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%12.2%
1 years$64,329$63,756$63,197$62,651$62,119$61,547
2 years$31,846$31,253$30,678$30,121$29,580$29,004
3 years$21,020$20,424$19,851$19,299$18,767$18,204
4 years$15,608$15,014$14,446$13,904$13,385$12,840
5 years$12,361$11,771$11,211$10,679$10,175$9,650
6 years$10,198$9,612$9,060$8,540$8,051$7,546
7 years$8,653$8,072$7,529$7,021$6,548$6,063
8 years$7,495$6,919$6,385$5,890$5,432$4,968
9 years$6,595$6,025$5,500$5,017$4,574$4,130
10 years$5,875$5,310$4,795$4,325$3,898$3,473
11 years$5,286$4,727$4,221$3,764$3,352$2,947
12 years$4,796$4,243$3,746$3,301$2,905$2,519
13 years$4,382$3,835$3,347$2,915$2,533$2,166
14 years$4,027$3,485$3,007$2,587$2,221$1,872
15 years$3,720$3,184$2,715$2,307$1,955$1,625
16 years$3,451$2,921$2,462$2,066$1,728$1,415
17 years$3,215$2,690$2,240$1,856$1,532$1,235
18 years$3,004$2,486$2,045$1,673$1,362$1,082
19 years$2,816$2,304$1,872$1,512$1,214$949
20 years$2,648$2,141$1,718$1,369$1,085$835
21 years$2,495$1,994$1,580$1,243$971$735
22 years$2,356$1,862$1,456$1,130$870$648
23 years$2,230$1,741$1,345$1,029$781$572
24 years$2,115$1,631$1,244$938$702$506
25 years$2,008$1,531$1,152$857$632$448
26 years$1,911$1,439$1,068$784$569$396
27 years$1,820$1,354$992$717$513$351
28 years$1,736$1,276$922$657$463$311
29 years$1,658$1,204$858$603$418$276
30 years$1,586$1,137$799$553$378$245
31 years$1,518$1,075$745$508$341$218
32 years$1,455$1,017$695$467$309$194
33 years$1,395$963$649$429$279$172
34 years$1,339$913$607$395$253$153
35 years$1,287$866$567$364$229$136
36 years$1,237$822$531$335$208$121
37 years$1,191$780$497$309$188$108
38 years$1,146$742$465$284$171$96
39 years$1,105$705$436$262$155$85
40 years$1,065$671$408$242$140$76
41 years$1,027$639$383$223$127$68
42 years$992$608$359$206$116$60
43 years$958$580$337$190$105$54
44 years$926$552$316$176$95$48
45 years$895$527$297$162$86$42
46 years$865$503$279$150$78$38
47 years$837$480$262$138$71$34
48 years$811$458$246$128$65$30
49 years$785$437$232$118$59$27
50 years$761$418$218$109$53$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $779,000, adding $4,868 every year, while hoping to spend $33,441 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: 53/39/8 Blend
74$779,000$779,000$779,000$779,000
75$863,479$822,192$810,118$907,291
76$915,973$826,899$801,676$942,257
77$972,701$830,715$791,830$976,222
78$1,034,058$833,562$780,499$1,012,374
79$1,100,482$835,356$767,595$1,050,927
80$1,172,451$836,008$753,029$1,092,117
81$1,250,491$835,423$736,706$1,136,204
82$1,335,183$833,501$718,528$1,183,479
83$1,427,164$830,135$698,390$1,234,262
84$1,527,134$825,210$676,185$1,288,905
85$1,635,864$818,609$651,801$1,347,803
86$1,754,204$810,202$625,117$1,411,387
87$1,883,085$799,854$596,011$1,480,138
88$2,023,536$787,424$564,354$1,554,586
89$2,176,687$772,758$530,010$1,635,319
90$2,343,782$755,696$492,838$1,722,986
91$2,526,191$736,067$452,691$1,818,305
92$2,725,420$713,693$409,414$1,922,071
93$2,943,130$688,380$362,847$2,035,161
94$3,181,147$659,929$312,820$2,158,545
95$3,441,484$628,125$259,159$2,293,298
96$3,726,354$592,742$201,680$2,440,604
97$4,038,197$553,541$140,191$2,601,776
98$4,379,698$510,270$74,492$2,778,262
99$4,753,815$462,661$4,376$2,971,662
100$5,163,805$410,432$0$3,183,746