Can I retire at age 59 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$59,870$59,337$58,816$58,308$57,813$57,209
2 years$29,639$29,087$28,552$28,033$27,530$26,922
3 years$19,563$19,008$18,475$17,961$17,466$16,873
4 years$14,526$13,973$13,445$12,940$12,457$11,883
5 years$11,504$10,955$10,434$9,939$9,470$8,916
6 years$9,491$8,946$8,432$7,948$7,493$6,961
7 years$8,053$7,513$7,007$6,535$6,094$5,584
8 years$6,975$6,440$5,943$5,482$5,055$4,567
9 years$6,138$5,607$5,118$4,669$4,257$3,791
10 years$5,468$4,942$4,462$4,025$3,627$3,182
11 years$4,920$4,400$3,929$3,503$3,120$2,695
12 years$4,464$3,949$3,486$3,073$2,704$2,299
13 years$4,078$3,569$3,115$2,713$2,358$1,973
14 years$3,748$3,244$2,799$2,408$2,067$1,702
15 years$3,462$2,963$2,527$2,147$1,820$1,474
16 years$3,212$2,719$2,291$1,923$1,608$1,281
17 years$2,992$2,504$2,085$1,728$1,426$1,116
18 years$2,796$2,314$1,903$1,557$1,268$975
19 years$2,621$2,144$1,742$1,407$1,130$854
20 years$2,464$1,993$1,599$1,274$1,009$749
21 years$2,322$1,856$1,471$1,156$903$658
22 years$2,193$1,733$1,355$1,051$810$579
23 years$2,076$1,620$1,252$958$727$510
24 years$1,968$1,518$1,157$873$653$450
25 years$1,869$1,425$1,072$798$588$397
26 years$1,778$1,339$994$729$530$351
27 years$1,694$1,260$923$668$477$310
28 years$1,616$1,188$858$612$431$274
29 years$1,543$1,120$799$561$389$243
30 years$1,476$1,058$744$515$351$215
31 years$1,413$1,000$694$473$318$191
32 years$1,354$946$647$434$287$169
33 years$1,298$896$604$400$260$150
34 years$1,246$849$565$368$236$133
35 years$1,198$806$528$338$213$118
36 years$1,151$765$494$312$193$105
37 years$1,108$726$462$287$175$93
38 years$1,067$690$433$265$159$82
39 years$1,028$656$405$244$144$73
40 years$991$624$380$225$131$65
41 years$956$594$356$208$119$58
42 years$923$566$334$192$108$51
43 years$891$539$314$177$98$45
44 years$861$514$294$163$89$40
45 years$833$490$276$151$80$36
46 years$805$468$260$139$73$32
47 years$779$446$244$129$66$28
48 years$754$426$229$119$60$25
49 years$731$407$215$110$55$22
50 years$708$389$203$102$50$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $725,000, adding $4,784 every year, while hoping to spend $42,236 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: 27/49/24 Blend
58$725,000$725,000$725,000$725,000
59$803,885$765,460$754,222$819,425
60$840,942$758,028$734,550$824,724
61$880,364$748,817$712,803$826,409
62$922,347$737,695$688,867$827,334
63$967,105$724,521$662,624$827,460
64$1,014,876$709,149$633,947$826,752
65$1,065,916$691,420$602,708$825,172
66$1,120,510$671,170$568,769$822,688
67$1,178,967$648,222$531,987$819,264
68$1,241,628$622,392$492,215$814,871
69$1,308,866$593,481$449,297$809,479
70$1,381,091$561,282$403,069$803,063
71$1,458,753$525,575$353,362$795,603
72$1,542,345$486,128$299,999$787,081
73$1,632,409$442,694$242,794$777,487
74$1,729,542$395,013$181,555$766,815
75$1,834,397$342,810$116,079$755,071
76$1,947,693$285,795$46,155$742,265
77$2,070,221$223,662$0$728,422
78$2,202,847$156,086$0$720,865
79$2,346,528$82,724$0$725,441
80$2,502,313$3,216$0$730,444
81$2,671,355$0$0$736,022
82$2,854,925$0$0$786,999
83$3,054,417$0$0$844,389
84$3,271,370$0$0$906,912
85$3,507,472$0$0$975,068
86$3,764,582$0$0$1,049,410
87$4,044,747$0$0$1,130,543
88$4,350,219$0$0$1,219,136
89$4,683,475$0$0$1,315,923
90$5,047,243$0$0$1,421,714
91$5,444,527$0$0$1,537,401
92$5,878,632$0$0$1,663,964
93$6,353,196$0$0$1,802,483
94$6,872,226$0$0$1,954,148
95$7,440,134$0$0$2,120,269
96$8,061,777$0$0$2,302,288
97$8,742,505$0$0$2,501,795
98$9,488,207$0$0$2,720,538
99$10,305,370$0$0$2,960,446
100$11,201,140$0$0$3,223,640