Can I retire at age 77 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$61,934$61,383$60,844$60,319$59,806$59,479
2 years$30,661$30,090$29,536$29,000$28,479$28,149
3 years$20,237$19,664$19,112$18,580$18,068$17,746
4 years$15,027$14,455$13,909$13,386$12,886$12,573
5 years$11,901$11,333$10,794$10,282$9,796$9,494
6 years$9,818$9,254$8,723$8,222$7,751$7,460
7 years$8,331$7,772$7,249$6,760$6,304$6,024
8 years$7,216$6,662$6,147$5,671$5,230$4,961
9 years$6,349$5,800$5,295$4,830$4,404$4,146
10 years$5,656$5,113$4,616$4,164$3,753$3,506
11 years$5,090$4,551$4,064$3,624$3,227$2,992
12 years$4,618$4,085$3,607$3,179$2,797$2,572
13 years$4,219$3,692$3,222$2,806$2,439$2,224
14 years$3,877$3,356$2,895$2,491$2,138$1,933
15 years$3,581$3,066$2,614$2,222$1,882$1,688
16 years$3,323$2,813$2,370$1,989$1,664$1,479
17 years$3,095$2,590$2,157$1,787$1,475$1,300
18 years$2,892$2,394$1,969$1,611$1,312$1,145
19 years$2,712$2,218$1,802$1,455$1,169$1,011
20 years$2,549$2,061$1,654$1,318$1,044$895
21 years$2,402$1,920$1,521$1,196$934$793
22 years$2,269$1,792$1,402$1,088$838$704
23 years$2,147$1,676$1,295$991$752$626
24 years$2,036$1,571$1,197$903$676$557
25 years$1,934$1,474$1,109$825$608$497
26 years$1,839$1,385$1,029$754$548$443
27 years$1,752$1,304$955$691$494$395
28 years$1,672$1,228$888$633$446$353
29 years$1,597$1,159$826$580$402$316
30 years$1,527$1,094$770$532$364$282
31 years$1,461$1,035$717$489$329$252
32 years$1,400$979$669$449$297$226
33 years$1,343$927$625$413$269$202
34 years$1,289$879$584$380$244$181
35 years$1,239$833$546$350$221$162
36 years$1,191$791$511$322$200$146
37 years$1,146$751$478$297$181$130
38 years$1,104$714$448$274$164$117
39 years$1,063$679$419$252$149$105
40 years$1,025$646$393$233$135$94
41 years$989$615$369$215$123$84
42 years$955$586$346$198$111$76
43 years$922$558$324$183$101$68
44 years$891$532$305$169$92$61
45 years$861$507$286$156$83$55
46 years$833$484$269$144$76$49
47 years$806$462$252$133$69$44
48 years$780$441$237$123$62$40
49 years$756$421$223$114$57$36
50 years$732$402$210$105$51$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 77 starting with $750,000, adding $4,589 every year, while hoping to spend $51,352 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: 50/22/28 Blend
76$750,000$750,000$750,000$750,000
77$831,234$791,484$779,859$866,007
78$861,381$775,628$751,346$874,933
79$892,883$757,275$720,157$879,152
80$925,822$736,247$686,147$882,733
81$960,291$712,357$649,167$885,641
82$996,385$685,408$609,060$887,838
83$1,034,214$655,189$565,660$889,287
84$1,073,890$621,481$518,797$889,952
85$1,115,541$584,047$468,290$889,794
86$1,159,302$542,641$413,954$888,779
87$1,205,321$497,000$355,591$886,870
88$1,253,758$446,848$292,998$884,034
89$1,304,789$391,891$225,961$880,237
90$1,358,604$331,821$154,257$875,448
91$1,415,411$266,309$77,655$869,641
92$1,475,437$195,013$0$862,789
93$1,538,929$117,565$0$856,096
94$1,606,156$33,582$0$873,158
95$1,677,413$0$0$890,820
96$1,753,023$0$0$923,042
97$1,833,337$0$0$965,945
98$1,918,740$0$0$1,011,609
99$2,009,654$0$0$1,060,266
100$2,106,541$0$0$1,112,168