Can I retire at age 65 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$63,586$63,019$62,467$61,928$61,401$60,334
2 years$31,478$30,892$30,324$29,773$29,239$28,167
3 years$20,777$20,188$19,621$19,076$18,550$17,508
4 years$15,427$14,840$14,279$13,743$13,230$12,224
5 years$12,219$11,635$11,081$10,556$10,057$9,091
6 years$10,080$9,501$8,955$8,442$7,958$7,033
7 years$8,553$7,979$7,442$6,940$6,472$5,588
8 years$7,408$6,839$6,311$5,822$5,369$4,526
9 years$6,519$5,955$5,436$4,959$4,522$3,719
10 years$5,807$5,249$4,739$4,275$3,853$3,090
11 years$5,225$4,673$4,172$3,720$3,313$2,590
12 years$4,741$4,194$3,703$3,263$2,871$2,185
13 years$4,331$3,790$3,308$2,881$2,504$1,855
14 years$3,981$3,445$2,972$2,557$2,195$1,582
15 years$3,677$3,147$2,684$2,281$1,933$1,354
16 years$3,411$2,888$2,433$2,042$1,708$1,163
17 years$3,177$2,659$2,214$1,835$1,514$1,001
18 years$2,970$2,457$2,021$1,654$1,347$864
19 years$2,784$2,277$1,850$1,494$1,200$747
20 years$2,617$2,116$1,698$1,353$1,072$647
21 years$2,466$1,971$1,562$1,228$959$562
22 years$2,329$1,840$1,440$1,117$860$488
23 years$2,204$1,721$1,329$1,017$772$424
24 years$2,090$1,612$1,229$928$694$369
25 years$1,985$1,513$1,139$847$624$322
26 years$1,888$1,422$1,056$775$562$280
27 years$1,799$1,338$981$709$507$244
28 years$1,716$1,261$912$650$457$213
29 years$1,639$1,190$848$596$413$186
30 years$1,567$1,124$790$547$373$163
31 years$1,500$1,062$737$502$337$142
32 years$1,438$1,005$687$461$305$124
33 years$1,379$952$642$424$276$108
34 years$1,324$902$600$390$250$95
35 years$1,272$856$561$359$227$83
36 years$1,223$812$524$331$205$73
37 years$1,177$771$491$305$186$63
38 years$1,133$733$460$281$169$56
39 years$1,092$697$431$259$153$49
40 years$1,053$663$404$239$139$42
41 years$1,016$631$378$221$126$37
42 years$980$601$355$204$114$33
43 years$947$573$333$188$104$28
44 years$915$546$313$173$94$25
45 years$884$521$294$160$85$22
46 years$855$497$276$148$78$19
47 years$828$474$259$137$70$17
48 years$801$453$243$126$64$15
49 years$776$432$229$117$58$13
50 years$752$413$215$108$53$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $770,000, adding $3,788 every year, while hoping to spend $44,760 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: 60/13/27 Blend
64$770,000$770,000$770,000$770,000
65$852,447$811,637$799,702$897,175
66$891,773$803,783$778,868$920,240
67$933,609$794,044$755,836$940,262
68$978,165$782,280$730,484$961,163
69$1,025,670$768,344$702,687$983,038
70$1,076,374$752,079$672,313$1,005,996
71$1,130,551$733,318$639,223$1,030,156
72$1,188,503$711,886$603,272$1,055,653
73$1,250,559$687,596$564,310$1,082,638
74$1,317,080$660,253$522,179$1,111,280
75$1,388,464$629,647$476,714$1,141,766
76$1,465,146$595,559$427,743$1,174,306
77$1,547,604$557,754$375,085$1,209,135
78$1,636,363$515,987$318,553$1,246,513
79$1,731,998$469,997$257,951$1,286,731
80$1,835,143$419,508$193,074$1,330,114
81$1,946,493$364,230$123,707$1,377,021
82$2,066,812$303,853$49,628$1,427,855
83$2,196,940$238,055$0$1,483,059
84$2,337,799$166,491$0$1,551,609
85$2,490,404$88,798$0$1,641,386
86$2,655,870$4,594$0$1,738,761
87$2,835,424$0$0$1,844,492
88$3,030,415$0$0$1,971,788
89$3,242,328$0$0$2,110,899
90$3,472,794$0$0$2,262,246
91$3,723,610$0$0$2,427,016
92$3,996,751$0$0$2,606,513
93$4,294,393$0$0$2,802,176
94$4,618,929$0$0$3,015,585
95$4,972,992$0$0$3,248,480
96$5,359,482$0$0$3,502,778
97$5,781,591$0$0$3,780,587
98$6,242,831$0$0$4,084,230
99$6,747,070$0$0$4,416,261
100$7,298,566$0$0$4,779,497