Can I retire at age 65 with 733,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $733,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$60,530$59,991$59,465$58,952$58,450$56,991
2 years$29,966$29,407$28,867$28,342$27,834$26,373
3 years$19,779$19,218$18,679$18,159$17,659$16,242
4 years$14,686$14,127$13,593$13,083$12,594$11,232
5 years$11,631$11,076$10,549$10,049$9,574$8,271
6 years$9,596$9,044$8,525$8,036$7,576$6,332
7 years$8,142$7,595$7,084$6,607$6,161$4,978
8 years$7,052$6,511$6,008$5,542$5,111$3,987
9 years$6,205$5,669$5,175$4,721$4,304$3,239
10 years$5,528$4,997$4,512$4,069$3,667$2,660
11 years$4,974$4,448$3,972$3,542$3,154$2,202
12 years$4,513$3,993$3,525$3,106$2,733$1,836
13 years$4,123$3,608$3,149$2,743$2,384$1,539
14 years$3,789$3,280$2,830$2,435$2,089$1,295
15 years$3,500$2,996$2,555$2,171$1,840$1,094
16 years$3,247$2,749$2,316$1,944$1,626$927
17 years$3,025$2,532$2,108$1,747$1,442$787
18 years$2,827$2,339$1,924$1,574$1,282$670
19 years$2,650$2,168$1,761$1,422$1,143$572
20 years$2,491$2,015$1,617$1,288$1,021$488
21 years$2,348$1,877$1,487$1,169$913$417
22 years$2,217$1,752$1,370$1,063$819$357
23 years$2,098$1,638$1,265$968$735$306
24 years$1,990$1,535$1,170$883$660$262
25 years$1,890$1,441$1,084$806$594$225
26 years$1,798$1,354$1,005$737$535$193
27 years$1,713$1,274$933$675$483$166
28 years$1,634$1,201$868$618$436$143
29 years$1,560$1,133$808$567$393$123
30 years$1,492$1,070$752$520$355$105
31 years$1,428$1,011$701$478$321$91
32 years$1,369$957$654$439$291$78
33 years$1,313$906$611$404$263$67
34 years$1,260$859$571$372$238$58
35 years$1,211$815$534$342$216$50
36 years$1,164$773$499$315$195$43
37 years$1,120$734$467$290$177$37
38 years$1,079$698$438$268$161$32
39 years$1,039$664$410$247$146$27
40 years$1,002$631$384$228$132$23
41 years$967$601$360$210$120$20
42 years$933$572$338$194$109$17
43 years$901$545$317$179$99$15
44 years$871$520$298$165$90$13
45 years$842$496$280$153$81$11
46 years$814$473$263$141$74$10
47 years$788$451$247$130$67$8
48 years$763$431$232$120$61$7
49 years$739$411$218$111$55$6
50 years$716$393$205$103$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $733,000, adding $2,461 every year, while hoping to spend $24,460 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: 68/24/8 Blend
64$733,000$733,000$733,000$733,000
65$810,305$771,456$760,094$864,063
66$866,930$783,232$759,532$911,808
67$928,512$794,765$758,131$960,812
68$995,530$806,018$755,838$1,013,746
69$1,068,511$816,950$752,596$1,070,993
70$1,148,036$827,518$748,345$1,132,970
71$1,234,745$837,675$743,024$1,200,142
72$1,329,341$847,373$736,567$1,273,016
73$1,432,599$856,559$728,906$1,352,155
74$1,545,370$865,176$719,971$1,438,177
75$1,668,593$873,165$709,685$1,531,765
76$1,803,301$880,462$697,971$1,633,669
77$1,950,631$886,998$684,747$1,744,718
78$2,111,836$892,702$669,926$1,865,826
79$2,288,294$897,495$653,420$1,997,998
80$2,481,524$901,297$635,134$2,142,345
81$2,693,199$904,019$614,969$2,300,090
82$2,925,158$905,569$592,824$2,472,579
83$3,179,431$905,849$568,591$2,661,301
84$3,458,251$904,753$542,156$2,867,892
85$3,764,078$902,171$513,404$3,094,159
86$4,099,621$897,985$482,210$3,342,093
87$4,467,865$892,069$448,447$3,613,887
88$4,872,098$884,291$411,980$3,911,962
89$5,315,940$874,510$372,670$4,238,983
90$5,803,382$862,577$330,371$4,597,891
91$6,338,817$848,333$284,928$4,991,926
92$6,927,086$831,611$236,183$5,424,660
93$7,573,523$812,234$183,969$5,900,032
94$8,284,002$790,013$128,111$6,422,383
95$9,064,996$764,750$68,429$6,996,498
96$9,923,637$736,233$4,733$7,627,652
97$10,867,780$704,241$0$8,321,660
98$11,906,082$668,537$0$9,090,331
99$13,048,078$628,872$0$9,936,114
100$14,304,278$584,982$0$10,866,412