Can I retire at age 80 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$64,081$63,511$62,954$62,410$61,879$61,361
2 years$31,723$31,133$30,560$30,005$29,466$28,944
3 years$20,939$20,346$19,774$19,224$18,695$18,184
4 years$15,548$14,956$14,391$13,850$13,333$12,839
5 years$12,314$11,726$11,168$10,638$10,136$9,659
6 years$10,159$9,575$9,025$8,507$8,020$7,561
7 years$8,620$8,041$7,500$6,994$6,522$6,082
8 years$7,466$6,893$6,361$5,867$5,411$4,989
9 years$6,569$6,001$5,478$4,998$4,557$4,153
10 years$5,852$5,290$4,776$4,308$3,883$3,497
11 years$5,266$4,709$4,205$3,749$3,339$2,971
12 years$4,778$4,227$3,732$3,289$2,894$2,543
13 years$4,365$3,820$3,334$2,903$2,523$2,189
14 years$4,012$3,472$2,996$2,577$2,212$1,894
15 years$3,706$3,172$2,705$2,299$1,948$1,646
16 years$3,438$2,910$2,452$2,058$1,721$1,435
17 years$3,202$2,680$2,231$1,849$1,526$1,255
18 years$2,993$2,476$2,037$1,666$1,357$1,101
19 years$2,806$2,295$1,865$1,506$1,210$967
20 years$2,637$2,133$1,711$1,364$1,080$852
21 years$2,485$1,987$1,574$1,238$967$751
22 years$2,347$1,854$1,451$1,125$867$663
23 years$2,222$1,734$1,340$1,025$778$587
24 years$2,106$1,625$1,239$935$699$519
25 years$2,001$1,525$1,147$854$629$460
26 years$1,903$1,433$1,064$781$567$408
27 years$1,813$1,349$988$714$511$362
28 years$1,730$1,271$919$655$461$322
29 years$1,652$1,199$855$600$416$286
30 years$1,580$1,132$796$551$376$254
31 years$1,512$1,070$742$506$340$226
32 years$1,449$1,013$693$465$308$201
33 years$1,390$959$647$428$278$179
34 years$1,334$909$604$393$252$160
35 years$1,282$862$565$362$228$142
36 years$1,232$818$528$334$207$127
37 years$1,186$777$495$307$187$113
38 years$1,142$739$463$283$170$101
39 years$1,100$702$434$261$154$90
40 years$1,061$668$407$241$140$80
41 years$1,023$636$381$222$127$71
42 years$988$606$358$205$115$64
43 years$954$577$336$189$104$57
44 years$922$550$315$175$95$51
45 years$891$525$296$161$86$45
46 years$862$501$278$149$78$40
47 years$834$478$261$138$71$36
48 years$808$456$245$127$64$32
49 years$782$435$231$118$59$29
50 years$758$416$217$109$53$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $776,000, adding $6,461 every year, while hoping to spend $27,388 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: 72/5/23 Blend
79$776,000$776,000$776,000$776,000
80$861,817$820,689$808,661$918,510
81$920,581$831,762$806,610$968,223
82$984,422$842,459$803,573$1,018,793
83$1,053,828$852,735$799,487$1,073,509
84$1,129,336$862,536$794,288$1,132,780
85$1,211,539$871,811$787,907$1,197,057
86$1,301,087$880,501$780,273$1,266,836
87$1,398,697$888,545$771,312$1,342,665
88$1,505,158$895,878$760,945$1,425,148
89$1,621,338$902,429$749,090$1,514,951
90$1,748,191$908,125$735,661$1,612,806
91$1,886,770$912,886$720,569$1,719,524
92$2,038,232$916,630$703,720$1,835,996
93$2,203,852$919,265$685,015$1,963,206
94$2,385,034$920,698$664,351$2,102,237
95$2,583,322$920,827$641,622$2,254,286
96$2,800,419$919,545$616,714$2,420,669
97$3,038,198$916,739$589,511$2,602,841
98$3,298,722$912,288$559,888$2,802,403
99$3,584,266$906,063$527,717$3,021,121
100$3,897,330$897,930$492,865$3,260,942