Can I retire at age 77 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$61,934$61,383$60,844$60,319$59,806$59,404
2 years$30,661$30,090$29,536$29,000$28,479$28,074
3 years$20,237$19,664$19,112$18,580$18,068$17,672
4 years$15,027$14,455$13,909$13,386$12,886$12,503
5 years$11,901$11,333$10,794$10,282$9,796$9,425
6 years$9,818$9,254$8,723$8,222$7,751$7,394
7 years$8,331$7,772$7,249$6,760$6,304$5,961
8 years$7,216$6,662$6,147$5,671$5,230$4,901
9 years$6,349$5,800$5,295$4,830$4,404$4,089
10 years$5,656$5,113$4,616$4,164$3,753$3,451
11 years$5,090$4,551$4,064$3,624$3,227$2,939
12 years$4,618$4,085$3,607$3,179$2,797$2,522
13 years$4,219$3,692$3,222$2,806$2,439$2,177
14 years$3,877$3,356$2,895$2,491$2,138$1,889
15 years$3,581$3,066$2,614$2,222$1,882$1,646
16 years$3,323$2,813$2,370$1,989$1,664$1,439
17 years$3,095$2,590$2,157$1,787$1,475$1,262
18 years$2,892$2,394$1,969$1,611$1,312$1,110
19 years$2,712$2,218$1,802$1,455$1,169$978
20 years$2,549$2,061$1,654$1,318$1,044$864
21 years$2,402$1,920$1,521$1,196$934$764
22 years$2,269$1,792$1,402$1,088$838$677
23 years$2,147$1,676$1,295$991$752$600
24 years$2,036$1,571$1,197$903$676$533
25 years$1,934$1,474$1,109$825$608$474
26 years$1,839$1,385$1,029$754$548$421
27 years$1,752$1,304$955$691$494$375
28 years$1,672$1,228$888$633$446$334
29 years$1,597$1,159$826$580$402$298
30 years$1,527$1,094$770$532$364$266
31 years$1,461$1,035$717$489$329$237
32 years$1,400$979$669$449$297$212
33 years$1,343$927$625$413$269$189
34 years$1,289$879$584$380$244$169
35 years$1,239$833$546$350$221$151
36 years$1,191$791$511$322$200$135
37 years$1,146$751$478$297$181$121
38 years$1,104$714$448$274$164$108
39 years$1,063$679$419$252$149$97
40 years$1,025$646$393$233$135$87
41 years$989$615$369$215$123$77
42 years$955$586$346$198$111$69
43 years$922$558$324$183$101$62
44 years$891$532$305$169$92$56
45 years$861$507$286$156$83$50
46 years$833$484$269$144$76$45
47 years$806$462$252$133$69$40
48 years$780$441$237$123$62$36
49 years$756$421$223$114$57$32
50 years$732$402$210$105$51$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $750,000, adding $4,714 every year, while hoping to spend $36,006 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: 70/12/18 Blend
76$750,000$750,000$750,000$750,000
77$831,362$791,612$779,987$885,657
78$877,851$792,091$767,807$922,910
79$927,875$791,387$754,012$958,944
80$981,757$789,403$738,509$997,478
81$1,039,851$786,038$721,204$1,038,756
82$1,102,545$781,184$701,994$1,083,044
83$1,170,269$774,726$680,775$1,130,639
84$1,243,491$766,542$657,435$1,181,868
85$1,322,728$756,504$631,860$1,237,091
86$1,408,547$744,474$603,929$1,296,707
87$1,501,574$730,308$573,516$1,361,156
88$1,602,494$713,853$540,488$1,430,923
89$1,712,063$694,946$504,709$1,506,545
90$1,831,110$673,415$466,033$1,588,615
91$1,960,549$649,078$424,311$1,677,785
92$2,101,385$621,743$379,385$1,774,778
93$2,254,723$591,205$331,092$1,880,390
94$2,421,780$557,250$279,259$1,995,501
95$2,603,895$519,648$223,707$2,121,082
96$2,802,541$478,159$164,250$2,258,204
97$3,019,340$432,529$100,692$2,408,051
98$3,256,077$382,487$32,829$2,571,927
99$3,514,717$327,749$0$2,751,274
100$3,797,424$268,015$0$2,955,285