Can I retire at age 72 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%17.6%
1 years$64,164$63,592$63,035$62,491$61,959$60,048
2 years$31,764$31,173$30,599$30,044$29,504$27,596
3 years$20,966$20,372$19,800$19,249$18,719$16,872
4 years$15,568$14,975$14,409$13,868$13,350$11,580
5 years$12,330$11,741$11,182$10,652$10,149$8,460
6 years$10,172$9,587$9,037$8,518$8,030$6,424
7 years$8,631$8,051$7,510$7,003$6,531$5,007
8 years$7,476$6,902$6,369$5,875$5,418$3,976
9 years$6,578$6,009$5,485$5,004$4,563$3,201
10 years$5,860$5,297$4,782$4,314$3,888$2,604
11 years$5,273$4,715$4,210$3,754$3,344$2,135
12 years$4,784$4,232$3,737$3,293$2,897$1,762
13 years$4,371$3,825$3,338$2,907$2,527$1,462
14 years$4,017$3,477$3,000$2,581$2,215$1,218
15 years$3,710$3,176$2,708$2,301$1,950$1,018
16 years$3,442$2,914$2,455$2,061$1,723$854
17 years$3,206$2,684$2,234$1,852$1,528$717
18 years$2,997$2,480$2,040$1,669$1,359$604
19 years$2,809$2,298$1,867$1,508$1,211$509
20 years$2,641$2,136$1,714$1,366$1,082$430
21 years$2,489$1,989$1,576$1,239$968$363
22 years$2,350$1,857$1,453$1,127$868$307
23 years$2,224$1,737$1,341$1,026$779$260
24 years$2,109$1,627$1,240$936$700$220
25 years$2,003$1,527$1,149$855$630$187
26 years$1,906$1,435$1,066$782$567$158
27 years$1,815$1,351$989$715$512$134
28 years$1,732$1,273$920$655$462$114
29 years$1,654$1,201$856$601$417$97
30 years$1,582$1,134$797$552$377$82
31 years$1,514$1,072$743$507$341$70
32 years$1,451$1,014$694$466$308$59
33 years$1,391$960$648$428$279$50
34 years$1,336$910$605$394$252$43
35 years$1,283$863$566$363$229$36
36 years$1,234$820$529$334$207$31
37 years$1,187$778$495$308$188$26
38 years$1,143$740$464$284$170$22
39 years$1,102$703$435$262$154$19
40 years$1,062$669$407$241$140$16
41 years$1,025$637$382$223$127$14
42 years$989$607$358$205$115$12
43 years$955$578$336$190$105$10
44 years$923$551$316$175$95$8
45 years$892$525$296$162$86$7
46 years$863$501$278$149$78$6
47 years$835$478$261$138$71$5
48 years$809$457$246$127$65$4
49 years$783$436$231$118$59$4
50 years$759$417$217$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $777,000, adding $3,625 every year, while hoping to spend $55,006 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: 67/6/27 Blend
71$777,000$777,000$777,000$777,000
72$859,993$818,812$806,769$911,328
73$889,187$800,408$775,269$927,936
74$919,514$779,258$740,871$939,546
75$951,033$755,171$703,420$951,004
76$983,806$727,942$662,751$962,297
77$1,017,898$697,355$618,697$973,413
78$1,053,381$663,182$571,081$984,341
79$1,090,330$625,182$519,716$995,070
80$1,128,827$583,099$464,410$1,005,590
81$1,168,960$536,664$404,961$1,015,895
82$1,210,824$485,591$341,157$1,025,976
83$1,254,521$429,578$272,779$1,035,829
84$1,300,161$368,306$199,596$1,045,451
85$1,347,864$301,439$121,368$1,054,842
86$1,397,757$228,621$37,845$1,064,006
87$1,449,980$149,476$0$1,072,947
88$1,504,685$63,606$0$1,096,453
89$1,562,033$0$0$1,132,358
90$1,622,203$0$0$1,171,792
91$1,685,387$0$0$1,217,626
92$1,751,793$0$0$1,265,813
93$1,821,650$0$0$1,316,522
94$1,895,204$0$0$1,369,933
95$1,972,725$0$0$1,426,244
96$2,054,505$0$0$1,485,672
97$2,140,865$0$0$1,548,450
98$2,232,153$0$0$1,614,836
99$2,328,749$0$0$1,685,109
100$2,431,068$0$0$1,759,575