Can I retire at age 65 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$63,999$63,429$62,873$62,330$61,800$61,513
2 years$31,683$31,093$30,521$29,966$29,428$29,139
3 years$20,912$20,319$19,749$19,200$18,671$18,388
4 years$15,528$14,937$14,372$13,832$13,316$13,042
5 years$12,298$11,711$11,153$10,624$10,123$9,858
6 years$10,145$9,563$9,014$8,496$8,010$7,754
7 years$8,609$8,031$7,490$6,985$6,514$6,268
8 years$7,456$6,884$6,352$5,860$5,404$5,168
9 years$6,561$5,994$5,471$4,991$4,551$4,325
10 years$5,845$5,283$4,770$4,303$3,878$3,661
11 years$5,259$4,703$4,199$3,745$3,335$3,128
12 years$4,772$4,221$3,727$3,284$2,890$2,692
13 years$4,359$3,815$3,330$2,900$2,520$2,331
14 years$4,006$3,468$2,992$2,574$2,209$2,029
15 years$3,701$3,168$2,701$2,296$1,945$1,774
16 years$3,434$2,906$2,449$2,055$1,719$1,556
17 years$3,198$2,677$2,229$1,847$1,524$1,369
18 years$2,989$2,473$2,034$1,664$1,355$1,208
19 years$2,802$2,292$1,862$1,504$1,208$1,069
20 years$2,634$2,130$1,709$1,362$1,079$947
21 years$2,482$1,984$1,572$1,236$966$841
22 years$2,344$1,852$1,449$1,124$866$748
23 years$2,219$1,732$1,338$1,024$777$666
24 years$2,104$1,623$1,237$934$698$593
25 years$1,998$1,523$1,146$853$628$530
26 years$1,901$1,431$1,063$780$566$473
27 years$1,811$1,347$987$714$510$423
28 years$1,727$1,269$917$654$460$378
29 years$1,650$1,198$854$600$416$339
30 years$1,578$1,131$795$550$376$303
31 years$1,510$1,069$741$505$340$272
32 years$1,447$1,012$692$464$307$244
33 years$1,388$958$646$427$278$218
34 years$1,332$908$603$393$252$196
35 years$1,280$861$564$362$228$176
36 years$1,231$817$528$333$207$158
37 years$1,184$776$494$307$187$142
38 years$1,140$738$463$283$170$127
39 years$1,099$702$433$261$154$114
40 years$1,060$667$406$241$140$103
41 years$1,022$635$381$222$127$92
42 years$987$605$357$205$115$83
43 years$953$577$335$189$104$75
44 years$921$550$315$175$95$67
45 years$890$524$296$161$86$60
46 years$861$500$278$149$78$54
47 years$833$477$261$138$71$49
48 years$807$455$245$127$64$44
49 years$781$435$230$118$58$40
50 years$757$415$217$109$53$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $775,000, adding $3,362 every year, while hoping to spend $48,456 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: 57/16/27 Blend
64$775,000$775,000$775,000$775,000
65$857,518$816,443$804,430$899,885
66$893,428$804,892$779,822$917,764
67$931,377$791,151$752,765$931,867
68$971,521$775,061$723,127$946,238
69$1,014,032$756,455$690,768$960,918
70$1,059,097$735,155$655,542$975,954
71$1,106,920$710,972$617,298$991,401
72$1,157,725$683,709$575,876$1,007,321
73$1,211,755$653,153$531,110$1,023,786
74$1,269,278$619,082$482,827$1,040,879
75$1,330,588$581,260$430,845$1,058,693
76$1,396,004$539,438$374,974$1,077,335
77$1,465,878$493,352$315,017$1,096,926
78$1,540,595$442,724$250,768$1,117,604
79$1,620,577$387,259$182,010$1,139,525
80$1,706,287$326,645$108,518$1,162,863
81$1,798,231$260,554$30,056$1,187,819
82$1,896,969$188,639$0$1,214,614
83$2,003,109$110,532$0$1,258,964
84$2,117,325$25,846$0$1,315,932
85$2,240,352$0$0$1,377,245
86$2,373,001$0$0$1,454,928
87$2,516,160$0$0$1,543,728
88$2,670,806$0$0$1,639,710
89$2,838,013$0$0$1,743,544
90$3,018,961$0$0$1,855,972
91$3,214,947$0$0$1,977,808
92$3,427,397$0$0$2,109,945
93$3,657,880$0$0$2,253,368
94$3,908,119$0$0$2,409,158
95$4,180,013$0$0$2,578,506
96$4,475,648$0$0$2,762,722
97$4,797,320$0$0$2,963,246
98$5,147,555$0$0$3,181,663
99$5,529,133$0$0$3,419,717
100$5,945,112$0$0$3,679,330