Can I retire at age 67 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%17.8%
1 years$63,999$63,429$62,873$62,330$61,800$59,845
2 years$31,683$31,093$30,521$29,966$29,428$27,477
3 years$20,912$20,319$19,749$19,200$18,671$16,784
4 years$15,528$14,937$14,372$13,832$13,316$11,508
5 years$12,298$11,711$11,153$10,624$10,123$8,398
6 years$10,145$9,563$9,014$8,496$8,010$6,370
7 years$8,609$8,031$7,490$6,985$6,514$4,960
8 years$7,456$6,884$6,352$5,860$5,404$3,933
9 years$6,561$5,994$5,471$4,991$4,551$3,163
10 years$5,845$5,283$4,770$4,303$3,878$2,569
11 years$5,259$4,703$4,199$3,745$3,335$2,105
12 years$4,772$4,221$3,727$3,284$2,890$1,735
13 years$4,359$3,815$3,330$2,900$2,520$1,437
14 years$4,006$3,468$2,992$2,574$2,209$1,196
15 years$3,701$3,168$2,701$2,296$1,945$998
16 years$3,434$2,906$2,449$2,055$1,719$835
17 years$3,198$2,677$2,229$1,847$1,524$701
18 years$2,989$2,473$2,034$1,664$1,355$589
19 years$2,802$2,292$1,862$1,504$1,208$496
20 years$2,634$2,130$1,709$1,362$1,079$418
21 years$2,482$1,984$1,572$1,236$966$353
22 years$2,344$1,852$1,449$1,124$866$298
23 years$2,219$1,732$1,338$1,024$777$252
24 years$2,104$1,623$1,237$934$698$213
25 years$1,998$1,523$1,146$853$628$180
26 years$1,901$1,431$1,063$780$566$153
27 years$1,811$1,347$987$714$510$129
28 years$1,727$1,269$917$654$460$110
29 years$1,650$1,198$854$600$416$93
30 years$1,578$1,131$795$550$376$79
31 years$1,510$1,069$741$505$340$67
32 years$1,447$1,012$692$464$307$57
33 years$1,388$958$646$427$278$48
34 years$1,332$908$603$393$252$41
35 years$1,280$861$564$362$228$35
36 years$1,231$817$528$333$207$29
37 years$1,184$776$494$307$187$25
38 years$1,140$738$463$283$170$21
39 years$1,099$702$433$261$154$18
40 years$1,060$667$406$241$140$15
41 years$1,022$635$381$222$127$13
42 years$987$605$357$205$115$11
43 years$953$577$335$189$104$9
44 years$921$550$315$175$95$8
45 years$890$524$296$161$86$7
46 years$861$500$278$149$78$6
47 years$833$477$261$138$71$5
48 years$807$455$245$127$64$4
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $775,000, adding $2,782 every year, while hoping to spend $38,576 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: 72/16/12 Blend
66$775,000$775,000$775,000$775,000
67$856,920$815,845$803,832$916,292
68$903,281$814,776$789,716$954,893
69$953,078$812,363$773,834$992,140
70$1,006,621$808,498$756,086$1,031,887
71$1,064,250$803,067$736,368$1,074,372
72$1,126,337$795,952$714,571$1,119,858
73$1,193,294$787,024$690,580$1,168,636
74$1,265,571$776,149$664,275$1,221,024
75$1,343,663$763,184$635,532$1,277,377
76$1,428,114$747,977$604,219$1,338,085
77$1,519,521$730,368$570,201$1,403,579
78$1,618,543$710,187$533,333$1,474,333
79$1,725,903$687,254$493,468$1,550,874
80$1,842,394$661,379$450,449$1,633,779
81$1,968,892$632,360$404,112$1,723,691
82$2,106,358$599,984$354,288$1,821,313
83$2,255,849$564,026$300,800$1,927,427
84$2,418,529$524,248$243,460$2,042,892
85$2,595,680$480,396$182,077$2,168,659
86$2,788,709$432,205$116,446$2,305,775
87$2,999,167$379,394$46,357$2,455,397
88$3,228,762$321,664$0$2,618,804
89$3,479,371$258,701$0$2,801,045
90$3,753,063$190,173$0$3,006,605
91$4,052,113$115,729$0$3,231,289
92$4,379,028$34,999$0$3,477,025
93$4,736,567$0$0$3,745,934
94$5,127,767$0$0$4,049,586
95$5,555,973$0$0$4,388,744
96$6,024,870$0$0$4,760,169
97$6,538,513$0$0$5,167,078
98$7,101,370$0$0$5,613,014
99$7,718,360$0$0$6,101,881
100$8,394,901$0$0$6,637,978