Can I retire at age 65 with 739,000?

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 $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%16%
1 years$61,026$60,482$59,952$59,434$58,929$57,481
2 years$30,211$29,648$29,103$28,574$28,061$26,612
3 years$19,941$19,375$18,832$18,308$17,803$16,397
4 years$14,806$14,243$13,705$13,190$12,697$11,345
5 years$11,727$11,167$10,635$10,131$9,652$8,358
6 years$9,674$9,118$8,595$8,102$7,638$6,403
7 years$8,209$7,658$7,142$6,661$6,211$5,036
8 years$7,110$6,564$6,057$5,588$5,153$4,037
9 years$6,256$5,715$5,217$4,759$4,340$3,281
10 years$5,573$5,038$4,548$4,103$3,698$2,696
11 years$5,015$4,485$4,004$3,571$3,180$2,234
12 years$4,550$4,025$3,554$3,132$2,756$1,863
13 years$4,157$3,638$3,175$2,765$2,403$1,563
14 years$3,820$3,307$2,853$2,454$2,106$1,316
15 years$3,529$3,021$2,576$2,189$1,855$1,113
16 years$3,274$2,771$2,335$1,960$1,639$943
17 years$3,049$2,552$2,125$1,761$1,453$802
18 years$2,850$2,358$1,940$1,587$1,292$683
19 years$2,672$2,186$1,776$1,434$1,152$583
20 years$2,512$2,031$1,630$1,299$1,029$498
21 years$2,367$1,892$1,499$1,179$921$426
22 years$2,235$1,766$1,382$1,072$825$365
23 years$2,116$1,652$1,276$976$741$313
24 years$2,006$1,548$1,180$890$666$269
25 years$1,905$1,452$1,093$813$599$231
26 years$1,812$1,365$1,013$743$540$198
27 years$1,727$1,285$941$680$487$170
28 years$1,647$1,210$875$623$439$146
29 years$1,573$1,142$814$572$396$126
30 years$1,504$1,078$758$525$358$108
31 years$1,440$1,019$707$482$324$93
32 years$1,380$965$660$443$293$80
33 years$1,323$913$616$407$265$69
34 years$1,270$866$575$375$240$60
35 years$1,221$821$538$345$217$51
36 years$1,174$779$503$318$197$44
37 years$1,129$740$471$293$179$38
38 years$1,088$704$441$270$162$33
39 years$1,048$669$413$249$147$28
40 years$1,010$636$387$229$133$24
41 years$975$606$363$212$121$21
42 years$941$577$341$195$110$18
43 years$909$550$320$180$99$16
44 years$878$524$300$167$90$13
45 years$849$500$282$154$82$12
46 years$821$477$265$142$74$10
47 years$794$455$249$131$68$9
48 years$769$434$234$121$61$7
49 years$745$415$220$112$56$6
50 years$722$396$206$104$51$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $739,000, adding $2,291 every year, while hoping to spend $43,241 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: 51/37/12 Blend
64$739,000$739,000$739,000$739,000
65$816,741$777,574$766,120$855,664
66$854,041$769,667$745,777$874,623
67$893,695$759,924$723,303$890,448
68$935,900$748,208$698,581$906,665
69$980,868$734,375$671,489$923,324
70$1,028,831$718,275$641,899$940,479
71$1,080,047$699,745$609,678$958,197
72$1,134,794$678,615$574,684$976,550
73$1,193,379$654,703$536,772$995,623
74$1,256,140$627,820$495,790$1,015,513
75$1,323,444$597,761$451,578$1,036,327
76$1,395,698$564,314$403,968$1,058,191
77$1,473,346$527,252$352,787$1,081,245
78$1,556,875$486,335$297,854$1,105,647
79$1,646,822$441,311$238,977$1,131,577
80$1,743,774$391,911$175,959$1,159,238
81$1,848,378$337,854$108,592$1,188,858
82$1,961,343$278,840$36,662$1,220,692
83$2,083,451$214,554$0$1,255,030
84$2,215,559$144,663$0$1,297,328
85$2,358,609$68,814$0$1,348,160
86$2,513,637$0$0$1,403,263
87$2,681,783$0$0$1,468,566
88$2,864,301$0$0$1,569,928
89$3,062,568$0$0$1,680,102
90$3,278,101$0$0$1,799,940
91$3,512,567$0$0$1,930,379
92$3,767,802$0$0$2,072,448
93$4,045,825$0$0$2,227,281
94$4,348,859$0$0$2,396,125
95$4,679,348$0$0$2,580,354
96$5,039,984$0$0$2,781,478
97$5,433,731$0$0$3,001,162
98$5,863,849$0$0$3,241,237
99$6,333,929$0$0$3,503,720
100$6,847,925$0$0$3,790,829