Can I retire at age 77 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$142,862$141,589$140,348$139,136$137,953$136,172
2 years$70,724$69,406$68,130$66,892$65,692$63,901
3 years$46,681$45,358$44,085$42,859$41,678$39,931
4 years$34,662$33,343$32,082$30,877$29,725$28,037
5 years$27,452$26,141$24,897$23,717$22,596$20,972
6 years$22,647$21,346$20,121$18,966$17,880$16,320
7 years$19,217$17,927$16,720$15,593$14,541$13,047
8 years$16,645$15,366$14,180$13,081$12,063$10,635
9 years$14,646$13,379$12,213$11,142$10,159$8,796
10 years$13,047$11,793$10,648$9,604$8,656$7,357
11 years$11,740$10,499$9,374$8,359$7,444$6,208
12 years$10,652$9,423$8,319$7,332$6,451$5,276
13 years$9,732$8,516$7,433$6,473$5,626$4,511
14 years$8,943$7,741$6,678$5,746$4,931$3,875
15 years$8,261$7,071$6,030$5,124$4,342$3,342
16 years$7,665$6,488$5,467$4,588$3,837$2,892
17 years$7,139$5,975$4,975$4,123$3,402$2,510
18 years$6,672$5,521$4,541$3,715$3,025$2,184
19 years$6,255$5,117$4,157$3,357$2,697$1,904
20 years$5,880$4,755$3,815$3,040$2,409$1,663
21 years$5,541$4,429$3,509$2,759$2,155$1,454
22 years$5,233$4,134$3,234$2,509$1,932$1,274
23 years$4,953$3,867$2,986$2,285$1,734$1,117
24 years$4,696$3,623$2,762$2,084$1,559$981
25 years$4,460$3,400$2,558$1,903$1,403$862
26 years$4,243$3,195$2,372$1,740$1,264$758
27 years$4,042$3,007$2,203$1,593$1,139$667
28 years$3,856$2,834$2,048$1,459$1,028$587
29 years$3,683$2,673$1,906$1,338$928$517
30 years$3,522$2,525$1,775$1,228$839$455
31 years$3,371$2,387$1,655$1,128$758$402
32 years$3,230$2,258$1,544$1,037$686$354
33 years$3,098$2,139$1,442$953$621$312
34 years$2,974$2,027$1,347$877$562$276
35 years$2,858$1,922$1,259$807$509$243
36 years$2,748$1,825$1,178$744$461$215
37 years$2,644$1,733$1,103$685$418$190
38 years$2,546$1,647$1,033$632$379$167
39 years$2,453$1,566$968$582$344$148
40 years$2,365$1,490$907$537$312$131
41 years$2,282$1,418$850$496$283$115
42 years$2,203$1,351$798$457$257$102
43 years$2,127$1,287$748$422$233$90
44 years$2,055$1,227$703$390$211$80
45 years$1,987$1,170$660$360$192$70
46 years$1,922$1,116$620$333$174$62
47 years$1,860$1,065$582$307$158$55
48 years$1,800$1,017$547$284$144$49
49 years$1,743$971$514$262$130$43
50 years$1,689$927$483$242$119$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $1,730,000, adding $5,158 every year, while hoping to spend $25,411 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: 38/40/22 Blend
76$1,730,000$1,730,000$1,730,000$1,730,000
77$1,911,780$1,820,090$1,793,275$1,971,674
78$2,079,745$1,882,238$1,826,313$2,077,727
79$2,263,990$1,946,579$1,859,606$2,189,505
80$2,466,150$2,013,194$1,893,135$2,309,794
81$2,688,024$2,082,167$1,926,882$2,439,380
82$2,931,594$2,153,585$1,960,824$2,579,123
83$3,199,044$2,227,538$1,994,940$2,729,971
84$3,492,780$2,304,121$2,029,203$2,892,966
85$3,815,451$2,383,430$2,063,589$3,069,252
86$4,169,976$2,465,567$2,098,068$3,260,086
87$4,559,571$2,550,638$2,132,611$3,466,855
88$4,987,779$2,638,751$2,167,185$3,691,078
89$5,458,503$2,730,020$2,201,756$3,934,432
90$5,976,043$2,824,563$2,236,288$4,198,758
91$6,545,136$2,922,504$2,270,740$4,486,081
92$7,171,002$3,023,968$2,305,072$4,798,634
93$7,859,392$3,129,090$2,339,240$5,138,868
94$8,616,641$3,238,007$2,373,195$5,509,485
95$9,449,731$3,350,862$2,406,890$5,913,456
96$10,366,353$3,467,804$2,440,270$6,354,054
97$11,374,982$3,588,987$2,473,280$6,834,880
98$12,484,956$3,714,573$2,505,861$7,359,897
99$13,706,564$3,844,730$2,537,950$7,933,471
100$15,051,142$3,979,630$2,569,480$8,560,408