Can I retire at age 65 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$60,778$60,237$59,709$59,193$58,690$58,344
2 years$30,088$29,528$28,985$28,458$27,947$27,599
3 years$19,860$19,297$18,755$18,233$17,731$17,390
4 years$14,746$14,185$13,649$13,136$12,646$12,315
5 years$11,679$11,121$10,592$10,090$9,613$9,294
6 years$9,635$9,081$8,560$8,069$7,607$7,299
7 years$8,175$7,627$7,113$6,634$6,186$5,891
8 years$7,081$6,537$6,033$5,565$5,132$4,848
9 years$6,231$5,692$5,196$4,740$4,322$4,050
10 years$5,551$5,017$4,530$4,086$3,683$3,422
11 years$4,995$4,467$3,988$3,556$3,167$2,919
12 years$4,532$4,009$3,539$3,119$2,745$2,507
13 years$4,140$3,623$3,162$2,754$2,393$2,167
14 years$3,805$3,293$2,841$2,444$2,098$1,883
15 years$3,515$3,008$2,565$2,180$1,847$1,642
16 years$3,261$2,760$2,326$1,952$1,633$1,438
17 years$3,037$2,542$2,116$1,754$1,448$1,263
18 years$2,838$2,349$1,932$1,581$1,287$1,112
19 years$2,661$2,177$1,769$1,428$1,147$981
20 years$2,501$2,023$1,623$1,293$1,025$868
21 years$2,357$1,884$1,493$1,174$917$769
22 years$2,226$1,759$1,376$1,067$822$682
23 years$2,107$1,645$1,271$972$738$606
24 years$1,998$1,541$1,175$887$663$539
25 years$1,898$1,446$1,088$810$597$480
26 years$1,805$1,359$1,009$740$538$428
27 years$1,720$1,279$937$678$485$381
28 years$1,640$1,206$871$621$437$340
29 years$1,567$1,137$811$569$395$304
30 years$1,498$1,074$755$523$357$271
31 years$1,434$1,015$704$480$323$243
32 years$1,374$961$657$441$292$217
33 years$1,318$910$613$406$264$194
34 years$1,265$862$573$373$239$174
35 years$1,216$818$536$344$217$156
36 years$1,169$776$501$316$196$139
37 years$1,125$737$469$291$178$125
38 years$1,083$701$439$269$161$112
39 years$1,044$666$412$248$146$100
40 years$1,006$634$386$228$133$90
41 years$971$603$362$211$120$81
42 years$937$575$339$195$109$72
43 years$905$548$318$180$99$65
44 years$874$522$299$166$90$58
45 years$845$498$281$153$82$52
46 years$818$475$264$141$74$47
47 years$791$453$248$131$67$42
48 years$766$433$233$121$61$38
49 years$742$413$219$112$56$34
50 years$719$395$206$103$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $736,000, adding $5,187 every year, while hoping to spend $35,758 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: 52/28/20 Blend
64$736,000$736,000$736,000$736,000
65$816,422$777,414$766,006$854,125
66$861,651$777,461$753,621$880,685
67$910,295$776,312$739,623$905,417
68$962,664$773,871$723,919$931,554
69$1,019,100$770,034$706,415$959,243
70$1,079,977$764,695$687,008$988,645
71$1,145,706$757,737$665,595$1,019,940
72$1,216,741$749,038$642,065$1,053,330
73$1,293,577$738,470$616,303$1,089,037
74$1,376,762$725,895$588,189$1,127,310
75$1,466,895$711,167$557,597$1,168,424
76$1,564,638$694,134$524,396$1,212,685
77$1,670,716$674,632$488,448$1,260,434
78$1,785,929$652,488$449,611$1,312,047
79$1,911,155$627,521$407,734$1,367,945
80$2,047,359$599,537$362,660$1,428,591
81$2,195,607$568,331$314,226$1,494,502
82$2,357,068$533,688$262,261$1,566,249
83$2,533,029$495,379$206,587$1,644,467
84$2,724,908$453,163$147,018$1,729,857
85$2,934,264$406,783$83,358$1,823,199
86$3,162,813$355,970$15,406$1,925,355
87$3,412,447$300,439$0$2,037,282
88$3,685,244$239,888$0$2,172,223
89$3,983,496$174,000$0$2,323,464
90$4,309,723$102,436$0$2,489,060
91$4,666,703$24,844$0$2,670,498
92$5,057,493$0$0$2,869,417
93$5,485,459$0$0$3,105,858
94$5,954,308$0$0$3,373,346
95$6,468,125$0$0$3,666,563
96$7,031,404$0$0$3,988,087
97$7,649,099$0$0$4,340,754
98$8,326,665$0$0$4,727,688
99$9,070,109$0$0$5,152,331
100$9,886,049$0$0$5,618,473