Can I retire at age 65 with 733,000?

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 $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%16.4%
1 years$60,530$59,991$59,465$58,952$58,450$56,922
2 years$29,966$29,407$28,867$28,342$27,834$26,304
3 years$19,779$19,218$18,679$18,159$17,659$16,176
4 years$14,686$14,127$13,593$13,083$12,594$11,170
5 years$11,631$11,076$10,549$10,049$9,574$8,212
6 years$9,596$9,044$8,525$8,036$7,576$6,277
7 years$8,142$7,595$7,084$6,607$6,161$4,926
8 years$7,052$6,511$6,008$5,542$5,111$3,939
9 years$6,205$5,669$5,175$4,721$4,304$3,194
10 years$5,528$4,997$4,512$4,069$3,667$2,618
11 years$4,974$4,448$3,972$3,542$3,154$2,164
12 years$4,513$3,993$3,525$3,106$2,733$1,800
13 years$4,123$3,608$3,149$2,743$2,384$1,505
14 years$3,789$3,280$2,830$2,435$2,089$1,265
15 years$3,500$2,996$2,555$2,171$1,840$1,066
16 years$3,247$2,749$2,316$1,944$1,626$901
17 years$3,025$2,532$2,108$1,747$1,442$764
18 years$2,827$2,339$1,924$1,574$1,282$649
19 years$2,650$2,168$1,761$1,422$1,143$552
20 years$2,491$2,015$1,617$1,288$1,021$470
21 years$2,348$1,877$1,487$1,169$913$401
22 years$2,217$1,752$1,370$1,063$819$343
23 years$2,098$1,638$1,265$968$735$293
24 years$1,990$1,535$1,170$883$660$250
25 years$1,890$1,441$1,084$806$594$214
26 years$1,798$1,354$1,005$737$535$184
27 years$1,713$1,274$933$675$483$157
28 years$1,634$1,201$868$618$436$135
29 years$1,560$1,133$808$567$393$116
30 years$1,492$1,070$752$520$355$99
31 years$1,428$1,011$701$478$321$85
32 years$1,369$957$654$439$291$73
33 years$1,313$906$611$404$263$63
34 years$1,260$859$571$372$238$54
35 years$1,211$815$534$342$216$46
36 years$1,164$773$499$315$195$40
37 years$1,120$734$467$290$177$34
38 years$1,079$698$438$268$161$29
39 years$1,039$664$410$247$146$25
40 years$1,002$631$384$228$132$22
41 years$967$601$360$210$120$18
42 years$933$572$338$194$109$16
43 years$901$545$317$179$99$14
44 years$871$520$298$165$90$12
45 years$842$496$280$153$81$10
46 years$814$473$263$141$74$9
47 years$788$451$247$130$67$7
48 years$763$431$232$120$61$6
49 years$739$411$218$111$55$5
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 $4,457 every year, while hoping to spend $53,994 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: 53/33/14 Blend
64$733,000$733,000$733,000$733,000
65$812,363$773,514$762,153$852,168
66$837,775$753,967$730,236$860,274
67$863,969$731,653$695,440$862,949
68$890,969$706,378$657,612$864,636
69$918,797$677,940$616,591$865,253
70$947,477$646,122$572,209$864,717
71$977,034$610,696$524,293$862,937
72$1,007,492$571,421$472,658$859,818
73$1,038,878$528,042$417,113$855,259
74$1,071,216$480,289$357,459$849,153
75$1,104,534$427,877$293,488$841,387
76$1,138,858$370,505$224,981$831,840
77$1,174,215$307,853$151,711$820,387
78$1,210,633$239,586$73,442$806,891
79$1,248,140$165,348$0$791,211
80$1,286,765$84,765$0$774,703
81$1,326,536$0$0$767,508
82$1,367,482$0$0$759,443
83$1,409,632$0$0$782,825
84$1,453,015$0$0$806,888
85$1,497,661$0$0$831,648
86$1,543,598$0$0$857,122
87$1,590,856$0$0$883,324
88$1,639,464$0$0$910,270
89$1,689,449$0$0$937,975
90$1,740,840$0$0$966,454
91$1,793,663$0$0$995,721
92$1,847,944$0$0$1,025,791
93$1,903,710$0$0$1,056,675
94$1,960,982$0$0$1,088,386
95$2,019,784$0$0$1,120,936
96$2,080,135$0$0$1,154,335
97$2,142,053$0$0$1,188,590
98$2,205,554$0$0$1,223,710
99$2,270,650$0$0$1,259,699
100$2,337,349$0$0$1,296,561