Can I retire at age 65 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$60,696$60,155$59,627$59,113$58,610$57,333
2 years$30,047$29,488$28,945$28,420$27,909$26,629
3 years$19,833$19,271$18,730$18,209$17,707$16,464
4 years$14,726$14,166$13,630$13,118$12,629$11,432
5 years$11,663$11,106$10,578$10,076$9,600$8,453
6 years$9,622$9,069$8,548$8,058$7,596$6,500
7 years$8,164$7,616$7,104$6,625$6,178$5,133
8 years$7,072$6,528$6,025$5,557$5,125$4,131
9 years$6,222$5,684$5,189$4,734$4,316$3,372
10 years$5,543$5,010$4,524$4,081$3,678$2,783
11 years$4,988$4,460$3,983$3,551$3,163$2,316
12 years$4,525$4,003$3,535$3,115$2,741$1,941
13 years$4,134$3,618$3,158$2,750$2,390$1,635
14 years$3,800$3,289$2,837$2,441$2,095$1,384
15 years$3,510$3,004$2,562$2,177$1,845$1,176
16 years$3,256$2,756$2,323$1,949$1,630$1,002
17 years$3,033$2,538$2,113$1,751$1,446$856
18 years$2,835$2,346$1,929$1,578$1,285$733
19 years$2,657$2,174$1,766$1,426$1,146$629
20 years$2,498$2,020$1,621$1,292$1,023$540
21 years$2,354$1,882$1,491$1,172$916$465
22 years$2,223$1,756$1,374$1,066$821$400
23 years$2,104$1,643$1,269$971$737$345
24 years$1,995$1,539$1,173$885$662$298
25 years$1,895$1,444$1,087$809$596$257
26 years$1,803$1,358$1,008$739$537$222
27 years$1,717$1,278$936$677$484$192
28 years$1,638$1,204$870$620$437$166
29 years$1,565$1,136$810$569$394$144
30 years$1,496$1,073$754$522$356$124
31 years$1,432$1,014$703$479$322$108
32 years$1,372$959$656$440$291$93
33 years$1,316$909$613$405$264$81
34 years$1,264$861$572$373$239$70
35 years$1,214$817$535$343$216$61
36 years$1,167$775$501$316$196$52
37 years$1,123$736$469$291$178$45
38 years$1,082$700$439$268$161$39
39 years$1,042$665$411$247$146$34
40 years$1,005$633$385$228$132$30
41 years$969$603$361$211$120$26
42 years$936$574$339$194$109$22
43 years$904$547$318$179$99$19
44 years$873$521$298$166$90$17
45 years$844$497$280$153$82$15
46 years$817$474$263$141$74$13
47 years$790$452$247$131$67$11
48 years$765$432$232$121$61$9
49 years$741$412$218$111$55$8
50 years$718$394$205$103$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $735,000, adding $3,786 every year, while hoping to spend $54,346 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: 69/6/25 Blend
64$735,000$735,000$735,000$735,000
65$813,875$774,920$763,528$864,585
66$839,067$755,068$731,282$879,203
67$865,006$732,421$696,135$888,569
68$891,713$706,785$657,932$897,545
69$919,206$677,956$616,510$906,092
70$947,504$645,715$571,702$914,166
71$976,626$609,832$523,331$921,722
72$1,006,592$570,063$471,213$928,712
73$1,037,420$526,152$415,154$935,084
74$1,069,130$477,827$354,955$940,785
75$1,101,740$424,799$290,404$945,756
76$1,135,268$366,765$221,284$949,935
77$1,169,732$303,403$147,363$953,257
78$1,205,150$234,374$68,405$955,651
79$1,241,537$159,321$0$957,044
80$1,278,910$77,864$0$961,587
81$1,317,283$0$0$984,714
82$1,356,670$0$0$1,008,827
83$1,397,083$0$0$1,038,839
84$1,438,531$0$0$1,069,616
85$1,481,025$0$0$1,101,164
86$1,524,569$0$0$1,133,488
87$1,569,168$0$0$1,166,588
88$1,614,822$0$0$1,200,466
89$1,661,529$0$0$1,235,118
90$1,709,284$0$0$1,270,538
91$1,758,075$0$0$1,306,719
92$1,807,888$0$0$1,343,648
93$1,858,702$0$0$1,381,309
94$1,910,491$0$0$1,419,680
95$1,963,222$0$0$1,458,735
96$2,016,854$0$0$1,498,443
97$2,071,338$0$0$1,538,765
98$2,126,616$0$0$1,579,656
99$2,182,618$0$0$1,621,061
100$2,239,263$0$0$1,662,918