Can I retire at age 77 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$139,559$138,316$137,103$135,919$134,763$133,300
2 years$69,088$67,802$66,555$65,346$64,173$62,700
3 years$45,601$44,309$43,065$41,868$40,714$39,277
4 years$33,860$32,572$31,341$30,163$29,037$27,647
5 years$26,817$25,537$24,322$23,168$22,074$20,734
6 years$22,124$20,853$19,655$18,528$17,466$16,179
7 years$18,772$17,512$16,334$15,233$14,205$12,970
8 years$16,260$15,011$13,852$12,778$11,784$10,603
9 years$14,307$13,070$11,931$10,884$9,924$8,795
10 years$12,745$11,520$10,402$9,382$8,456$7,379
11 years$11,469$10,256$9,157$8,166$7,272$6,246
12 years$10,405$9,205$8,127$7,162$6,302$5,325
13 years$9,507$8,319$7,261$6,323$5,495$4,567
14 years$8,737$7,562$6,524$5,613$4,817$3,937
15 years$8,070$6,908$5,890$5,006$4,241$3,407
16 years$7,487$6,338$5,340$4,482$3,749$2,958
17 years$6,974$5,837$4,860$4,027$3,324$2,576
18 years$6,518$5,393$4,436$3,629$2,955$2,250
19 years$6,110$4,999$4,061$3,279$2,634$1,968
20 years$5,744$4,645$3,727$2,970$2,353$1,725
21 years$5,413$4,327$3,428$2,696$2,106$1,515
22 years$5,112$4,039$3,160$2,451$1,887$1,332
23 years$4,838$3,777$2,917$2,232$1,694$1,173
24 years$4,587$3,539$2,698$2,036$1,523$1,033
25 years$4,357$3,321$2,499$1,859$1,370$911
26 years$4,145$3,121$2,318$1,700$1,234$804
27 years$3,949$2,938$2,152$1,556$1,113$711
28 years$3,767$2,768$2,001$1,426$1,004$628
29 years$3,598$2,611$1,862$1,307$907$556
30 years$3,440$2,466$1,734$1,200$819$492
31 years$3,293$2,331$1,617$1,102$741$435
32 years$3,156$2,206$1,508$1,013$670$385
33 years$3,027$2,089$1,408$931$606$341
34 years$2,905$1,980$1,316$857$549$302
35 years$2,791$1,878$1,230$789$497$268
36 years$2,684$1,782$1,151$726$451$238
37 years$2,583$1,693$1,077$669$408$211
38 years$2,487$1,609$1,009$617$370$187
39 years$2,396$1,530$945$569$336$166
40 years$2,310$1,456$886$525$304$147
41 years$2,229$1,386$831$484$276$130
42 years$2,152$1,320$779$447$251$116
43 years$2,078$1,257$731$412$227$103
44 years$2,008$1,198$686$381$206$91
45 years$1,941$1,143$644$352$187$81
46 years$1,878$1,090$605$325$170$72
47 years$1,817$1,040$569$300$155$64
48 years$1,759$993$534$277$140$57
49 years$1,703$948$502$256$127$50
50 years$1,650$906$472$237$116$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,690,000, adding $4,616 every year, while hoping to spend $25,602 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: 49/46/5 Blend
76$1,690,000$1,690,000$1,690,000$1,690,000
77$1,867,141$1,777,571$1,751,376$1,956,117
78$2,030,349$1,837,432$1,782,807$2,077,130
79$2,209,347$1,899,368$1,814,433$2,205,370
80$2,405,717$1,963,453$1,846,233$2,344,038
81$2,621,203$2,029,766$1,878,185$2,494,114
82$2,857,728$2,098,386$1,910,266$2,656,672
83$3,117,406$2,169,398$1,942,450$2,832,895
84$3,402,570$2,242,887$1,974,711$3,024,080
85$3,715,787$2,318,943$2,007,019$3,231,657
86$4,059,886$2,397,660$2,039,342$3,457,197
87$4,437,983$2,479,134$2,071,649$3,702,428
88$4,853,512$2,563,466$2,103,904$3,969,250
89$5,310,255$2,650,761$2,136,069$4,259,754
90$5,812,379$2,741,126$2,168,105$4,576,240
91$6,364,474$2,834,673$2,199,970$4,921,240
92$6,971,599$2,931,521$2,231,617$5,297,539
93$7,639,326$3,031,789$2,263,000$5,708,202
94$8,373,795$3,135,604$2,294,068$6,156,602
95$9,181,770$3,243,097$2,324,768$6,646,453
96$10,070,705$3,354,403$2,355,042$7,181,842
97$11,048,812$3,469,664$2,384,830$7,767,268
98$12,125,138$3,589,025$2,414,070$8,407,686
99$13,309,655$3,712,640$2,442,694$9,108,547
100$14,613,346$3,840,666$2,470,631$9,875,858