Can I retire at age 65 with 782,000?

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 $782,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$64,577$64,002$63,440$62,893$62,358$61,965
2 years$31,969$31,373$30,796$30,237$29,694$29,298
3 years$21,101$20,503$19,927$19,373$18,839$18,452
4 years$15,668$15,072$14,502$13,957$13,436$13,061
5 years$12,409$11,816$11,254$10,720$10,214$9,851
6 years$10,237$9,649$9,095$8,573$8,082$7,733
7 years$8,686$8,103$7,558$7,049$6,573$6,237
8 years$7,524$6,946$6,410$5,913$5,453$5,131
9 years$6,620$6,048$5,521$5,036$4,592$4,283
10 years$5,898$5,331$4,813$4,341$3,913$3,617
11 years$5,307$4,746$4,237$3,778$3,365$3,083
12 years$4,815$4,259$3,761$3,314$2,916$2,647
13 years$4,399$3,849$3,360$2,926$2,543$2,286
14 years$4,043$3,499$3,019$2,597$2,229$1,985
15 years$3,734$3,196$2,726$2,316$1,963$1,730
16 years$3,465$2,933$2,471$2,074$1,735$1,514
17 years$3,227$2,701$2,249$1,863$1,538$1,329
18 years$3,016$2,496$2,053$1,679$1,368$1,169
19 years$2,827$2,313$1,879$1,517$1,219$1,031
20 years$2,658$2,149$1,725$1,374$1,089$911
21 years$2,505$2,002$1,586$1,247$974$807
22 years$2,366$1,869$1,462$1,134$873$715
23 years$2,239$1,748$1,350$1,033$784$635
24 years$2,123$1,638$1,248$942$705$564
25 years$2,016$1,537$1,156$860$634$502
26 years$1,918$1,444$1,072$787$571$447
27 years$1,827$1,359$996$720$515$398
28 years$1,743$1,281$926$660$465$355
29 years$1,665$1,208$861$605$420$317
30 years$1,592$1,141$802$555$379$283
31 years$1,524$1,079$748$510$343$253
32 years$1,460$1,021$698$469$310$226
33 years$1,400$967$652$431$281$202
34 years$1,344$916$609$396$254$180
35 years$1,292$869$569$365$230$161
36 years$1,242$825$533$336$208$144
37 years$1,195$783$498$310$189$129
38 years$1,151$744$467$285$171$116
39 years$1,109$708$437$263$155$104
40 years$1,069$674$410$243$141$93
41 years$1,031$641$384$224$128$83
42 years$996$611$361$207$116$74
43 years$962$582$338$191$105$67
44 years$929$555$318$176$96$60
45 years$898$529$298$163$87$54
46 years$869$504$280$150$79$48
47 years$841$481$263$139$72$43
48 years$814$460$247$128$65$39
49 years$788$439$232$119$59$35
50 years$764$419$219$110$54$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $782,000, adding $4,850 every year, while hoping to spend $57,154 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: 31/47/22 Blend
64$782,000$782,000$782,000$782,000
65$866,767$825,321$813,200$887,600
66$894,366$804,950$779,631$883,434
67$922,864$781,666$743,021$873,484
68$952,293$755,264$703,210$861,592
69$982,686$725,531$660,026$847,623
70$1,014,077$692,239$613,294$831,438
71$1,046,501$655,147$562,827$812,887
72$1,079,995$614,000$508,433$791,814
73$1,114,598$568,530$449,909$768,053
74$1,150,351$518,452$387,045$741,431
75$1,187,296$463,465$319,620$711,764
76$1,225,476$403,251$247,404$678,857
77$1,264,939$337,475$170,156$642,507
78$1,305,733$265,781$87,627$602,498
79$1,347,909$187,795$0$558,604
80$1,391,520$103,122$0$510,691
81$1,436,622$11,341$0$480,359
82$1,483,274$0$0$446,820
83$1,531,538$0$0$455,371
84$1,581,480$0$0$470,296
85$1,633,168$0$0$485,750
86$1,686,676$0$0$501,755
87$1,742,079$0$0$518,337
88$1,799,459$0$0$535,520
89$1,858,902$0$0$553,332
90$1,920,499$0$0$571,801
91$1,984,347$0$0$590,958
92$2,050,548$0$0$610,835
93$2,119,211$0$0$631,467
94$2,190,452$0$0$652,891
95$2,264,395$0$0$675,146
96$2,341,171$0$0$698,274
97$2,420,921$0$0$722,320
98$2,503,796$0$0$747,334
99$2,589,956$0$0$773,365
100$2,679,574$0$0$800,471