Can I retire at age 67 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$64,164$63,592$63,035$62,491$61,959$60,958
2 years$31,764$31,173$30,599$30,044$29,504$28,498
3 years$20,966$20,372$19,800$19,249$18,719$17,739
4 years$15,568$14,975$14,409$13,868$13,350$12,405
5 years$12,330$11,741$11,182$10,652$10,149$9,240
6 years$10,172$9,587$9,037$8,518$8,030$7,160
7 years$8,631$8,051$7,510$7,003$6,531$5,698
8 years$7,476$6,902$6,369$5,875$5,418$4,623
9 years$6,578$6,009$5,485$5,004$4,563$3,806
10 years$5,860$5,297$4,782$4,314$3,888$3,168
11 years$5,273$4,715$4,210$3,754$3,344$2,660
12 years$4,784$4,232$3,737$3,293$2,897$2,249
13 years$4,371$3,825$3,338$2,907$2,527$1,913
14 years$4,017$3,477$3,000$2,581$2,215$1,634
15 years$3,710$3,176$2,708$2,301$1,950$1,402
16 years$3,442$2,914$2,455$2,061$1,723$1,206
17 years$3,206$2,684$2,234$1,852$1,528$1,041
18 years$2,997$2,480$2,040$1,669$1,359$900
19 years$2,809$2,298$1,867$1,508$1,211$780
20 years$2,641$2,136$1,714$1,366$1,082$678
21 years$2,489$1,989$1,576$1,239$968$589
22 years$2,350$1,857$1,453$1,127$868$513
23 years$2,224$1,737$1,341$1,026$779$447
24 years$2,109$1,627$1,240$936$700$390
25 years$2,003$1,527$1,149$855$630$340
26 years$1,906$1,435$1,066$782$567$297
27 years$1,815$1,351$989$715$512$260
28 years$1,732$1,273$920$655$462$227
29 years$1,654$1,201$856$601$417$199
30 years$1,582$1,134$797$552$377$174
31 years$1,514$1,072$743$507$341$153
32 years$1,451$1,014$694$466$308$134
33 years$1,391$960$648$428$279$117
34 years$1,336$910$605$394$252$103
35 years$1,283$863$566$363$229$90
36 years$1,234$820$529$334$207$79
37 years$1,187$778$495$308$188$69
38 years$1,143$740$464$284$170$61
39 years$1,102$703$435$262$154$53
40 years$1,062$669$407$241$140$47
41 years$1,025$637$382$223$127$41
42 years$989$607$358$205$115$36
43 years$955$578$336$190$105$32
44 years$923$551$316$175$95$28
45 years$892$525$296$162$86$24
46 years$863$501$278$149$78$21
47 years$835$478$261$138$71$19
48 years$809$457$246$127$65$16
49 years$783$436$231$118$59$14
50 years$759$417$217$109$53$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $777,000, adding $5,030 every year, while hoping to spend $56,344 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: 49/28/23 Blend
66$777,000$777,000$777,000$777,000
67$861,442$820,261$808,218$897,836
68$889,360$800,505$775,344$903,945
69$918,237$777,891$739,480$904,505
70$948,111$752,222$700,466$903,963
71$979,023$723,286$658,137$902,237
72$1,011,016$690,859$612,317$899,244
73$1,044,134$654,706$562,824$894,896
74$1,078,425$614,576$509,468$889,100
75$1,113,939$570,205$452,050$881,758
76$1,150,729$521,313$390,362$872,768
77$1,188,852$467,606$324,187$862,021
78$1,228,366$408,770$253,299$849,405
79$1,269,336$344,476$177,461$834,800
80$1,311,829$274,376$96,427$818,083
81$1,355,916$198,101$9,937$799,123
82$1,401,674$115,263$0$777,782
83$1,449,184$25,450$0$774,131
84$1,498,533$0$0$771,722
85$1,549,814$0$0$790,145
86$1,603,126$0$0$817,460
87$1,658,576$0$0$845,884
88$1,716,278$0$0$875,476
89$1,776,353$0$0$906,300
90$1,838,935$0$0$938,426
91$1,904,163$0$0$971,930
92$1,972,191$0$0$1,006,891
93$2,043,183$0$0$1,043,396
94$2,117,315$0$0$1,081,540
95$2,194,780$0$0$1,121,424
96$2,275,783$0$0$1,163,157
97$2,360,548$0$0$1,206,858
98$2,449,317$0$0$1,252,656
99$2,542,352$0$0$1,300,690
100$2,639,938$0$0$1,351,113