Can I retire at age 65 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%19.6%
1 years$59,870$59,337$58,816$58,308$57,813$55,585
2 years$29,639$29,087$28,552$28,033$27,530$25,312
3 years$19,563$19,008$18,475$17,961$17,466$15,328
4 years$14,526$13,973$13,445$12,940$12,457$10,415
5 years$11,504$10,955$10,434$9,939$9,470$7,528
6 years$9,491$8,946$8,432$7,948$7,493$5,654
7 years$8,053$7,513$7,007$6,535$6,094$4,357
8 years$6,975$6,440$5,943$5,482$5,055$3,419
9 years$6,138$5,607$5,118$4,669$4,257$2,719
10 years$5,468$4,942$4,462$4,025$3,627$2,184
11 years$4,920$4,400$3,929$3,503$3,120$1,768
12 years$4,464$3,949$3,486$3,073$2,704$1,440
13 years$4,078$3,569$3,115$2,713$2,358$1,178
14 years$3,748$3,244$2,799$2,408$2,067$968
15 years$3,462$2,963$2,527$2,147$1,820$798
16 years$3,212$2,719$2,291$1,923$1,608$659
17 years$2,992$2,504$2,085$1,728$1,426$546
18 years$2,796$2,314$1,903$1,557$1,268$453
19 years$2,621$2,144$1,742$1,407$1,130$376
20 years$2,464$1,993$1,599$1,274$1,009$313
21 years$2,322$1,856$1,471$1,156$903$260
22 years$2,193$1,733$1,355$1,051$810$217
23 years$2,076$1,620$1,252$958$727$181
24 years$1,968$1,518$1,157$873$653$151
25 years$1,869$1,425$1,072$798$588$126
26 years$1,778$1,339$994$729$530$105
27 years$1,694$1,260$923$668$477$87
28 years$1,616$1,188$858$612$431$73
29 years$1,543$1,120$799$561$389$61
30 years$1,476$1,058$744$515$351$51
31 years$1,413$1,000$694$473$318$43
32 years$1,354$946$647$434$287$36
33 years$1,298$896$604$400$260$30
34 years$1,246$849$565$368$236$25
35 years$1,198$806$528$338$213$21
36 years$1,151$765$494$312$193$17
37 years$1,108$726$462$287$175$15
38 years$1,067$690$433$265$159$12
39 years$1,028$656$405$244$144$10
40 years$991$624$380$225$131$8
41 years$956$594$356$208$119$7
42 years$923$566$334$192$108$6
43 years$891$539$314$177$98$5
44 years$861$514$294$163$89$4
45 years$833$490$276$151$80$3
46 years$805$468$260$139$73$3
47 years$779$446$244$129$66$2
48 years$754$426$229$119$60$2
49 years$731$407$215$110$55$2
50 years$708$389$203$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $725,000, adding $4,181 every year, while hoping to spend $53,677 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: 86/9/5 Blend
64$725,000$725,000$725,000$725,000
65$803,263$764,838$753,600$872,014
66$828,084$745,203$721,734$897,799
67$853,637$722,807$687,001$918,276
68$879,942$697,458$649,249$939,035
69$907,015$668,952$608,318$960,066
70$934,875$637,076$564,041$981,358
71$963,540$601,601$516,245$1,002,897
72$993,029$562,286$464,747$1,024,668
73$1,023,358$518,879$409,356$1,046,654
74$1,054,546$471,109$349,874$1,068,837
75$1,086,609$418,693$286,095$1,091,196
76$1,119,565$361,330$217,800$1,113,707
77$1,153,428$298,703$144,765$1,136,344
78$1,188,215$230,477$66,752$1,159,077
79$1,223,941$156,298$0$1,181,875
80$1,260,618$75,792$0$1,205,583
81$1,298,259$0$0$1,233,137
82$1,336,874$0$0$1,262,078
83$1,376,474$0$0$1,299,453
84$1,417,064$0$0$1,337,762
85$1,458,651$0$0$1,377,010
86$1,501,237$0$0$1,417,200
87$1,544,821$0$0$1,458,331
88$1,589,400$0$0$1,500,399
89$1,634,967$0$0$1,543,398
90$1,681,511$0$0$1,587,316
91$1,729,014$0$0$1,632,138
92$1,777,457$0$0$1,677,844
93$1,826,812$0$0$1,724,408
94$1,877,045$0$0$1,771,797
95$1,928,114$0$0$1,819,973
96$1,979,970$0$0$1,868,886
97$2,032,553$0$0$1,918,482
98$2,085,795$0$0$1,968,695
99$2,139,614$0$0$2,019,446
100$2,193,917$0$0$2,070,648