Can I retire at age 77 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$66,063$65,475$64,901$64,340$63,793$62,226
2 years$32,705$32,095$31,505$30,933$30,378$28,808
3 years$21,586$20,975$20,386$19,819$19,273$17,750
4 years$16,029$15,419$14,836$14,278$13,746$12,282
5 years$12,695$12,088$11,513$10,967$10,449$9,048
6 years$10,473$9,871$9,304$8,771$8,268$6,931
7 years$8,886$8,290$7,732$7,211$6,724$5,452
8 years$7,697$7,106$6,557$6,049$5,578$4,370
9 years$6,773$6,187$5,648$5,152$4,698$3,552
10 years$6,033$5,453$4,924$4,441$4,003$2,918
11 years$5,429$4,855$4,335$3,865$3,442$2,418
12 years$4,926$4,357$3,847$3,390$2,983$2,017
13 years$4,500$3,938$3,437$2,993$2,601$1,692
14 years$4,136$3,579$3,088$2,657$2,280$1,425
15 years$3,820$3,270$2,788$2,370$2,008$1,205
16 years$3,544$3,000$2,528$2,122$1,775$1,021
17 years$3,301$2,763$2,300$1,906$1,573$868
18 years$3,085$2,553$2,100$1,718$1,399$740
19 years$2,892$2,366$1,922$1,552$1,247$631
20 years$2,719$2,199$1,764$1,406$1,114$539
21 years$2,562$2,048$1,623$1,276$997$461
22 years$2,420$1,912$1,496$1,160$893$395
23 years$2,290$1,788$1,381$1,057$802$339
24 years$2,172$1,675$1,277$964$721$291
25 years$2,063$1,572$1,183$880$649$250
26 years$1,962$1,478$1,097$805$584$215
27 years$1,869$1,391$1,019$737$527$184
28 years$1,783$1,310$947$675$475$159
29 years$1,703$1,236$881$619$429$136
30 years$1,628$1,167$821$568$388$117
31 years$1,559$1,104$765$522$351$101
32 years$1,494$1,044$714$479$317$87
33 years$1,433$989$667$441$287$75
34 years$1,375$937$623$406$260$64
35 years$1,321$889$582$373$235$56
36 years$1,271$844$545$344$213$48
37 years$1,223$801$510$317$193$41
38 years$1,177$762$478$292$175$36
39 years$1,134$724$447$269$159$31
40 years$1,094$689$419$248$144$26
41 years$1,055$656$393$229$131$23
42 years$1,019$625$369$211$119$20
43 years$984$595$346$195$108$17
44 years$951$567$325$180$98$15
45 years$919$541$305$166$89$13
46 years$889$516$287$154$81$11
47 years$860$492$269$142$73$9
48 years$833$470$253$131$66$8
49 years$806$449$238$121$60$7
50 years$781$429$224$112$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $800,000, adding $5,067 every year, while hoping to spend $20,177 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: 51/26/23 Blend
76$800,000$800,000$800,000$800,000
77$886,827$844,427$832,027$926,121
78$955,815$864,335$838,431$973,781
79$1,031,163$884,543$844,374$1,023,102
80$1,113,500$905,044$849,819$1,076,313
81$1,203,516$925,830$854,726$1,133,791
82$1,301,971$946,892$859,056$1,195,952
83$1,409,702$968,220$862,765$1,263,253
84$1,527,633$989,804$865,809$1,336,200
85$1,656,778$1,011,631$868,140$1,415,349
86$1,798,256$1,033,687$869,709$1,501,312
87$1,953,298$1,055,957$870,464$1,594,764
88$2,123,260$1,078,425$870,350$1,696,452
89$2,309,636$1,101,071$869,310$1,807,195
90$2,514,071$1,123,876$867,284$1,927,899
91$2,738,377$1,146,817$864,210$2,059,561
92$2,984,551$1,169,870$860,020$2,203,280
93$3,254,790$1,193,009$854,646$2,360,269
94$3,551,517$1,216,205$848,015$2,531,864
95$3,877,399$1,239,427$840,051$2,719,537
96$4,235,376$1,262,640$830,674$2,924,913
97$4,628,684$1,285,810$819,802$3,149,780
98$5,060,891$1,308,895$807,346$3,396,113
99$5,535,925$1,331,855$793,216$3,666,086
100$6,058,116$1,354,642$777,315$3,962,097