Can I retire at age 67 with 776,000?

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 $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%14.8%
1 years$64,081$63,511$62,954$62,410$61,879$60,655
2 years$31,723$31,133$30,560$30,005$29,466$28,238
3 years$20,939$20,346$19,774$19,224$18,695$17,500
4 years$15,548$14,956$14,391$13,850$13,333$12,182
5 years$12,314$11,726$11,168$10,638$10,136$9,032
6 years$10,159$9,575$9,025$8,507$8,020$6,964
7 years$8,620$8,041$7,500$6,994$6,522$5,515
8 years$7,466$6,893$6,361$5,867$5,411$4,451
9 years$6,569$6,001$5,478$4,998$4,557$3,644
10 years$5,852$5,290$4,776$4,308$3,883$3,017
11 years$5,266$4,709$4,205$3,749$3,339$2,519
12 years$4,778$4,227$3,732$3,289$2,894$2,117
13 years$4,365$3,820$3,334$2,903$2,523$1,790
14 years$4,012$3,472$2,996$2,577$2,212$1,520
15 years$3,706$3,172$2,705$2,299$1,948$1,296
16 years$3,438$2,910$2,452$2,058$1,721$1,108
17 years$3,202$2,680$2,231$1,849$1,526$950
18 years$2,993$2,476$2,037$1,666$1,357$817
19 years$2,806$2,295$1,865$1,506$1,210$703
20 years$2,637$2,133$1,711$1,364$1,080$606
21 years$2,485$1,987$1,574$1,238$967$524
22 years$2,347$1,854$1,451$1,125$867$453
23 years$2,222$1,734$1,340$1,025$778$392
24 years$2,106$1,625$1,239$935$699$339
25 years$2,001$1,525$1,147$854$629$294
26 years$1,903$1,433$1,064$781$567$255
27 years$1,813$1,349$988$714$511$221
28 years$1,730$1,271$919$655$461$192
29 years$1,652$1,199$855$600$416$167
30 years$1,580$1,132$796$551$376$145
31 years$1,512$1,070$742$506$340$126
32 years$1,449$1,013$693$465$308$110
33 years$1,390$959$647$428$278$95
34 years$1,334$909$604$393$252$83
35 years$1,282$862$565$362$228$72
36 years$1,232$818$528$334$207$63
37 years$1,186$777$495$307$187$55
38 years$1,142$739$463$283$170$48
39 years$1,100$702$434$261$154$41
40 years$1,061$668$407$241$140$36
41 years$1,023$636$381$222$127$31
42 years$988$606$358$205$115$27
43 years$954$577$336$189$104$24
44 years$922$550$315$175$95$21
45 years$891$525$296$161$86$18
46 years$862$501$278$149$78$16
47 years$834$478$261$138$71$14
48 years$808$456$245$127$64$12
49 years$782$435$231$118$59$10
50 years$758$416$217$109$53$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $776,000, adding $6,376 every year, while hoping to spend $37,146 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: 59/18/23 Blend
66$776,000$776,000$776,000$776,000
67$861,729$820,601$808,573$906,922
68$910,102$821,287$796,137$939,083
69$962,165$820,762$782,040$969,578
70$1,018,253$818,927$766,186$1,002,029
71$1,078,738$815,678$748,476$1,036,634
72$1,144,026$810,903$728,807$1,073,611
73$1,214,564$804,485$707,069$1,113,202
74$1,290,843$796,298$683,149$1,155,677
75$1,373,403$786,210$656,929$1,201,333
76$1,462,837$774,082$628,283$1,250,501
77$1,559,798$759,763$597,082$1,303,545
78$1,665,003$743,097$563,190$1,360,871
79$1,779,242$723,917$526,465$1,422,925
80$1,903,381$702,046$486,758$1,490,204
81$2,038,377$677,297$443,915$1,563,257
82$2,185,278$649,472$397,774$1,642,690
83$2,345,242$618,361$348,165$1,729,177
84$2,519,540$583,744$294,911$1,823,458
85$2,709,571$545,386$237,829$1,926,358
86$2,916,876$503,038$176,725$2,038,785
87$3,143,151$456,440$111,399$2,161,744
88$3,390,261$405,315$41,639$2,296,346
89$3,660,262$349,369$0$2,443,821
90$3,955,414$288,294$0$2,613,578
91$4,278,209$221,763$0$2,810,494
92$4,631,389$149,432$0$3,026,057
93$5,017,972$70,936$0$3,262,162
94$5,441,283$0$0$3,520,897
95$5,904,984$0$0$3,807,360
96$6,413,106$0$0$4,136,725
97$6,970,089$0$0$4,497,826
98$7,580,824$0$0$4,893,843
99$8,250,698$0$0$5,328,278
100$8,985,642$0$0$5,804,985