Can I retire at age 71 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%12.8%
1 years$63,999$63,429$62,873$62,330$61,800$61,078
2 years$31,683$31,093$30,521$29,966$29,428$28,702
3 years$20,912$20,319$19,749$19,200$18,671$17,962
4 years$15,528$14,937$14,372$13,832$13,316$12,631
5 years$12,298$11,711$11,153$10,624$10,123$9,463
6 years$10,145$9,563$9,014$8,496$8,010$7,376
7 years$8,609$8,031$7,490$6,985$6,514$5,907
8 years$7,456$6,884$6,352$5,860$5,404$4,823
9 years$6,561$5,994$5,471$4,991$4,551$3,996
10 years$5,845$5,283$4,770$4,303$3,878$3,348
11 years$5,259$4,703$4,199$3,745$3,335$2,831
12 years$4,772$4,221$3,727$3,284$2,890$2,410
13 years$4,359$3,815$3,330$2,900$2,520$2,065
14 years$4,006$3,468$2,992$2,574$2,209$1,777
15 years$3,701$3,168$2,701$2,296$1,945$1,536
16 years$3,434$2,906$2,449$2,055$1,719$1,332
17 years$3,198$2,677$2,229$1,847$1,524$1,158
18 years$2,989$2,473$2,034$1,664$1,355$1,010
19 years$2,802$2,292$1,862$1,504$1,208$882
20 years$2,634$2,130$1,709$1,362$1,079$772
21 years$2,482$1,984$1,572$1,236$966$677
22 years$2,344$1,852$1,449$1,124$866$594
23 years$2,219$1,732$1,338$1,024$777$522
24 years$2,104$1,623$1,237$934$698$460
25 years$1,998$1,523$1,146$853$628$405
26 years$1,901$1,431$1,063$780$566$357
27 years$1,811$1,347$987$714$510$315
28 years$1,727$1,269$917$654$460$278
29 years$1,650$1,198$854$600$416$245
30 years$1,578$1,131$795$550$376$217
31 years$1,510$1,069$741$505$340$191
32 years$1,447$1,012$692$464$307$169
33 years$1,388$958$646$427$278$150
34 years$1,332$908$603$393$252$132
35 years$1,280$861$564$362$228$117
36 years$1,231$817$528$333$207$104
37 years$1,184$776$494$307$187$92
38 years$1,140$738$463$283$170$81
39 years$1,099$702$433$261$154$72
40 years$1,060$667$406$241$140$64
41 years$1,022$635$381$222$127$56
42 years$987$605$357$205$115$50
43 years$953$577$335$189$104$44
44 years$921$550$315$175$95$39
45 years$890$524$296$161$86$35
46 years$861$500$278$149$78$31
47 years$833$477$261$138$71$27
48 years$807$455$245$127$64$24
49 years$781$435$230$118$58$21
50 years$757$415$217$109$53$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 71 starting with $775,000, adding $6,530 every year, while hoping to spend $35,531 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: 50/24/26 Blend
70$775,000$775,000$775,000$775,000
71$860,786$819,711$807,698$897,218
72$910,781$822,072$796,951$925,656
73$964,685$823,358$784,654$952,461
74$1,022,859$823,478$770,716$980,888
75$1,085,700$822,338$755,044$1,011,106
76$1,153,643$819,834$737,540$1,043,302
77$1,227,169$815,860$718,101$1,077,687
78$1,306,803$810,301$696,621$1,114,494
79$1,393,126$803,034$672,987$1,153,980
80$1,486,775$793,932$647,081$1,196,433
81$1,588,449$782,858$618,781$1,242,172
82$1,698,919$769,667$587,959$1,291,551
83$1,819,034$754,206$554,481$1,344,962
84$1,949,726$736,312$518,206$1,402,840
85$2,092,020$715,813$478,988$1,465,669
86$2,247,046$692,528$436,674$1,533,983
87$2,416,046$666,264$391,105$1,608,376
88$2,600,388$636,816$342,112$1,689,506
89$2,801,577$603,970$289,522$1,778,100
90$3,021,270$567,496$233,153$1,874,965
91$3,261,290$527,154$172,815$1,980,995
92$3,523,646$482,689$108,308$2,097,178
93$3,810,548$433,830$39,426$2,224,609
94$4,124,429$380,293$0$2,364,500
95$4,467,970$321,777$0$2,527,645
96$4,844,123$257,964$0$2,718,360
97$5,256,136$188,517$0$2,927,401
98$5,707,589$113,081$0$3,156,650
99$6,202,422$31,281$0$3,408,183
100$6,744,978$0$0$3,684,293