Can I retire at age 76 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$65,237$64,656$64,089$63,536$62,996$62,003
2 years$32,296$31,694$31,111$30,546$29,998$29,001
3 years$21,317$20,713$20,131$19,571$19,032$18,061
4 years$15,828$15,226$14,650$14,100$13,574$12,636
5 years$12,536$11,937$11,369$10,830$10,319$9,417
6 years$10,342$9,748$9,188$8,661$8,165$7,301
7 years$8,775$8,186$7,635$7,121$6,640$5,814
8 years$7,601$7,017$6,475$5,973$5,509$4,720
9 years$6,688$6,110$5,577$5,088$4,639$3,888
10 years$5,958$5,385$4,862$4,386$3,953$3,238
11 years$5,361$4,794$4,281$3,817$3,399$2,720
12 years$4,864$4,303$3,799$3,348$2,946$2,302
13 years$4,444$3,889$3,394$2,956$2,569$1,959
14 years$4,084$3,535$3,050$2,624$2,252$1,675
15 years$3,772$3,229$2,753$2,340$1,983$1,437
16 years$3,500$2,963$2,496$2,095$1,752$1,238
17 years$3,260$2,728$2,272$1,883$1,554$1,069
18 years$3,047$2,521$2,074$1,697$1,382$925
19 years$2,856$2,337$1,898$1,533$1,231$803
20 years$2,685$2,171$1,742$1,388$1,100$697
21 years$2,530$2,022$1,603$1,260$984$607
22 years$2,390$1,888$1,477$1,146$882$529
23 years$2,262$1,766$1,364$1,043$792$461
24 years$2,144$1,654$1,261$952$712$403
25 years$2,037$1,553$1,168$869$641$352
26 years$1,938$1,459$1,083$795$577$308
27 years$1,846$1,373$1,006$727$520$269
28 years$1,761$1,294$935$666$469$236
29 years$1,682$1,221$870$611$424$206
30 years$1,608$1,153$811$561$383$181
31 years$1,539$1,090$756$515$346$158
32 years$1,475$1,031$705$473$313$139
33 years$1,415$977$658$435$283$122
34 years$1,358$926$615$401$257$107
35 years$1,305$878$575$369$232$94
36 years$1,255$833$538$340$211$82
37 years$1,207$791$504$313$191$72
38 years$1,163$752$472$288$173$63
39 years$1,120$715$442$266$157$56
40 years$1,080$680$414$245$142$49
41 years$1,042$648$388$226$129$43
42 years$1,006$617$364$209$117$38
43 years$971$588$342$193$106$33
44 years$939$560$321$178$97$29
45 years$907$534$301$164$88$26
46 years$878$510$283$152$80$22
47 years$849$486$266$140$72$20
48 years$822$464$250$130$66$17
49 years$796$443$235$120$60$15
50 years$771$424$221$111$54$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 76 starting with $790,000, adding $5,722 every year, while hoping to spend $43,228 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: 26/47/27 Blend
75$790,000$790,000$790,000$790,000
76$876,482$834,612$822,367$891,750
77$919,889$829,514$803,922$899,567
78$966,275$822,717$783,411$903,868
79$1,015,897$814,093$760,717$907,589
80$1,069,040$803,504$735,722$910,710
81$1,126,013$790,807$708,300$913,215
82$1,187,157$775,847$678,319$915,088
83$1,252,845$758,462$645,641$916,319
84$1,323,489$738,481$610,124$916,900
85$1,399,539$715,720$571,616$916,828
86$1,481,489$689,987$529,962$916,106
87$1,569,882$661,078$484,998$914,745
88$1,665,316$628,776$436,551$912,760
89$1,768,446$592,854$384,443$910,177
90$1,879,993$553,070$328,488$907,032
91$2,000,750$509,168$268,490$903,371
92$2,131,588$460,878$204,245$899,254
93$2,273,464$407,915$135,542$894,756
94$2,427,431$349,977$62,157$889,968
95$2,594,649$286,746$0$884,999
96$2,776,391$217,884$0$884,637
97$2,974,058$143,037$0$903,795
98$3,189,194$61,827$0$924,803
99$3,423,495$0$0$947,952
100$3,678,828$0$0$987,088