Can I retire at age 65 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$61,026$60,482$59,952$59,434$58,929$57,065
2 years$30,211$29,648$29,103$28,574$28,061$26,201
3 years$19,941$19,375$18,832$18,308$17,803$16,004
4 years$14,806$14,243$13,705$13,190$12,697$10,973
5 years$11,727$11,167$10,635$10,131$9,652$8,008
6 years$9,674$9,118$8,595$8,102$7,638$6,074
7 years$8,209$7,658$7,142$6,661$6,211$4,729
8 years$7,110$6,564$6,057$5,588$5,153$3,751
9 years$6,256$5,715$5,217$4,759$4,340$3,016
10 years$5,573$5,038$4,548$4,103$3,698$2,450
11 years$5,015$4,485$4,004$3,571$3,180$2,007
12 years$4,550$4,025$3,554$3,132$2,756$1,654
13 years$4,157$3,638$3,175$2,765$2,403$1,370
14 years$3,820$3,307$2,853$2,454$2,106$1,140
15 years$3,529$3,021$2,576$2,189$1,855$952
16 years$3,274$2,771$2,335$1,960$1,639$797
17 years$3,049$2,552$2,125$1,761$1,453$668
18 years$2,850$2,358$1,940$1,587$1,292$562
19 years$2,672$2,186$1,776$1,434$1,152$473
20 years$2,512$2,031$1,630$1,299$1,029$399
21 years$2,367$1,892$1,499$1,179$921$336
22 years$2,235$1,766$1,382$1,072$825$284
23 years$2,116$1,652$1,276$976$741$240
24 years$2,006$1,548$1,180$890$666$203
25 years$1,905$1,452$1,093$813$599$172
26 years$1,812$1,365$1,013$743$540$146
27 years$1,727$1,285$941$680$487$123
28 years$1,647$1,210$875$623$439$105
29 years$1,573$1,142$814$572$396$89
30 years$1,504$1,078$758$525$358$75
31 years$1,440$1,019$707$482$324$64
32 years$1,380$965$660$443$293$54
33 years$1,323$913$616$407$265$46
34 years$1,270$866$575$375$240$39
35 years$1,221$821$538$345$217$33
36 years$1,174$779$503$318$197$28
37 years$1,129$740$471$293$179$24
38 years$1,088$704$441$270$162$20
39 years$1,048$669$413$249$147$17
40 years$1,010$636$387$229$133$15
41 years$975$606$363$212$121$12
42 years$941$577$341$195$110$10
43 years$909$550$320$180$99$9
44 years$878$524$300$167$90$8
45 years$849$500$282$154$82$6
46 years$821$477$265$142$74$5
47 years$794$455$249$131$68$5
48 years$769$434$234$121$61$4
49 years$745$415$220$112$56$3
50 years$722$396$206$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $739,000, adding $5,136 every year, while hoping to spend $56,816 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: 76/18/6 Blend
64$739,000$739,000$739,000$739,000
65$819,676$780,509$769,054$881,092
66$842,831$758,302$734,366$899,949
67$866,444$733,103$696,611$912,794
68$890,501$704,705$655,627$925,213
69$914,985$672,889$611,244$937,138
70$939,878$637,424$563,285$948,500
71$965,153$598,066$511,563$959,221
72$990,783$554,555$455,885$969,215
73$1,016,734$506,619$396,048$978,390
74$1,042,966$453,968$331,840$986,645
75$1,069,432$396,297$263,041$993,871
76$1,096,081$333,283$189,420$999,949
77$1,122,852$264,584$110,736$1,004,749
78$1,149,675$189,840$26,737$1,008,128
79$1,176,471$108,672$0$1,009,933
80$1,203,150$20,676$0$1,014,024
81$1,229,611$0$0$1,018,278
82$1,255,738$0$0$1,035,573
83$1,281,403$0$0$1,056,560
84$1,306,460$0$0$1,077,021
85$1,330,744$0$0$1,096,819
86$1,354,073$0$0$1,115,800
87$1,376,241$0$0$1,133,790
88$1,397,017$0$0$1,150,597
89$1,416,145$0$0$1,166,005
90$1,433,338$0$0$1,179,773
91$1,448,276$0$0$1,191,633
92$1,460,604$0$0$1,201,285
93$1,469,923$0$0$1,208,398
94$1,475,794$0$0$1,212,600
95$1,477,725$0$0$1,213,480
96$1,475,173$0$0$1,210,582
97$1,467,532$0$0$1,203,398
98$1,454,132$0$0$1,191,366
99$1,434,227$0$0$1,173,860
100$1,406,993$0$0$1,150,190