Can I retire at age 65 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$60,861$60,319$59,790$59,274$58,769$57,772
2 years$30,129$29,568$29,024$28,497$27,985$26,984
3 years$19,887$19,323$18,781$18,258$17,755$16,780
4 years$14,766$14,204$13,667$13,154$12,663$11,722
5 years$11,695$11,136$10,606$10,104$9,626$8,723
6 years$9,648$9,094$8,572$8,080$7,617$6,751
7 years$8,187$7,637$7,123$6,643$6,195$5,367
8 years$7,091$6,546$6,041$5,573$5,139$4,350
9 years$6,239$5,700$5,203$4,747$4,328$3,576
10 years$5,558$5,024$4,536$4,092$3,688$2,973
11 years$5,001$4,473$3,994$3,561$3,171$2,493
12 years$4,538$4,014$3,544$3,123$2,748$2,105
13 years$4,146$3,628$3,166$2,758$2,397$1,788
14 years$3,810$3,298$2,845$2,448$2,101$1,526
15 years$3,519$3,012$2,569$2,183$1,850$1,307
16 years$3,265$2,764$2,329$1,955$1,635$1,123
17 years$3,041$2,545$2,119$1,756$1,449$968
18 years$2,842$2,352$1,935$1,583$1,289$836
19 years$2,665$2,180$1,771$1,430$1,149$724
20 years$2,505$2,026$1,625$1,295$1,026$627
21 years$2,360$1,887$1,495$1,176$918$545
22 years$2,229$1,761$1,378$1,069$823$473
23 years$2,110$1,647$1,272$973$739$412
24 years$2,001$1,543$1,177$888$664$359
25 years$1,900$1,448$1,090$811$598$313
26 years$1,808$1,361$1,011$741$538$273
27 years$1,722$1,281$939$679$485$238
28 years$1,643$1,207$872$622$438$208
29 years$1,569$1,139$812$570$395$182
30 years$1,500$1,075$756$523$357$159
31 years$1,436$1,017$705$481$323$139
32 years$1,376$962$658$442$292$121
33 years$1,320$911$614$406$264$106
34 years$1,267$863$574$374$239$93
35 years$1,217$819$537$344$217$81
36 years$1,171$777$502$317$196$71
37 years$1,126$738$470$292$178$62
38 years$1,085$702$440$269$161$55
39 years$1,045$667$412$248$146$48
40 years$1,008$635$386$229$133$42
41 years$972$604$362$211$120$37
42 years$938$575$340$195$109$32
43 years$906$548$319$180$99$28
44 years$876$523$299$166$90$25
45 years$847$498$281$153$82$22
46 years$819$475$264$142$74$19
47 years$792$454$248$131$67$17
48 years$767$433$233$121$61$15
49 years$743$414$219$112$56$13
50 years$720$395$206$103$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $737,000, adding $4,799 every year, while hoping to spend $20,208 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: 29/49/22 Blend
64$737,000$737,000$737,000$737,000
65$817,124$778,063$766,640$835,078
66$878,970$794,687$770,821$865,951
67$946,446$811,448$774,465$897,000
68$1,020,107$828,332$777,533$929,959
69$1,100,560$845,323$779,982$965,004
70$1,188,476$862,403$781,771$1,002,332
71$1,284,593$879,553$782,852$1,042,157
72$1,389,722$896,752$783,179$1,084,717
73$1,504,760$913,978$782,701$1,130,276
74$1,630,689$931,207$781,366$1,179,124
75$1,768,595$948,413$779,117$1,231,582
76$1,919,673$965,565$775,898$1,288,003
77$2,085,237$982,635$771,648$1,348,778
78$2,266,735$999,589$766,303$1,414,338
79$2,465,764$1,016,390$759,796$1,485,160
80$2,684,080$1,033,002$752,057$1,561,770
81$2,923,619$1,049,382$743,014$1,644,749
82$3,186,512$1,065,485$732,589$1,734,737
83$3,475,108$1,081,266$720,702$1,832,443
84$3,791,993$1,096,672$707,270$1,938,648
85$4,140,017$1,111,650$692,204$2,054,215
86$4,522,319$1,126,140$675,413$2,180,096
87$4,942,356$1,140,081$656,799$2,317,342
88$5,403,937$1,153,407$636,263$2,467,113
89$5,911,260$1,166,045$613,699$2,630,691
90$6,468,947$1,177,920$588,997$2,809,488
91$7,082,093$1,188,951$562,042$3,005,066
92$7,756,310$1,199,053$532,713$3,219,145
93$8,497,779$1,208,132$500,885$3,453,627
94$9,313,314$1,216,092$466,425$3,710,607
95$10,210,419$1,222,827$429,198$3,992,400
96$11,197,363$1,228,228$389,058$4,301,558
97$12,283,259$1,232,176$345,856$4,640,900
98$13,478,145$1,234,546$299,436$5,013,533
99$14,793,082$1,235,205$249,633$5,422,887
100$16,240,258$1,234,011$196,277$5,872,746