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%13.8%
1 years$61,026$60,482$59,952$59,434$58,929$58,000
2 years$30,211$29,648$29,103$28,574$28,061$27,128
3 years$19,941$19,375$18,832$18,308$17,803$16,895
4 years$14,806$14,243$13,705$13,190$12,697$11,820
5 years$11,727$11,167$10,635$10,131$9,652$8,809
6 years$9,674$9,118$8,595$8,102$7,638$6,830
7 years$8,209$7,658$7,142$6,661$6,211$5,439
8 years$7,110$6,564$6,057$5,588$5,153$4,415
9 years$6,256$5,715$5,217$4,759$4,340$3,637
10 years$5,573$5,038$4,548$4,103$3,698$3,029
11 years$5,015$4,485$4,004$3,571$3,180$2,545
12 years$4,550$4,025$3,554$3,132$2,756$2,153
13 years$4,157$3,638$3,175$2,765$2,403$1,832
14 years$3,820$3,307$2,853$2,454$2,106$1,567
15 years$3,529$3,021$2,576$2,189$1,855$1,345
16 years$3,274$2,771$2,335$1,960$1,639$1,158
17 years$3,049$2,552$2,125$1,761$1,453$1,000
18 years$2,850$2,358$1,940$1,587$1,292$866
19 years$2,672$2,186$1,776$1,434$1,152$751
20 years$2,512$2,031$1,630$1,299$1,029$652
21 years$2,367$1,892$1,499$1,179$921$568
22 years$2,235$1,766$1,382$1,072$825$495
23 years$2,116$1,652$1,276$976$741$431
24 years$2,006$1,548$1,180$890$666$377
25 years$1,905$1,452$1,093$813$599$329
26 years$1,812$1,365$1,013$743$540$288
27 years$1,727$1,285$941$680$487$252
28 years$1,647$1,210$875$623$439$220
29 years$1,573$1,142$814$572$396$193
30 years$1,504$1,078$758$525$358$169
31 years$1,440$1,019$707$482$324$148
32 years$1,380$965$660$443$293$130
33 years$1,323$913$616$407$265$114
34 years$1,270$866$575$375$240$100
35 years$1,221$821$538$345$217$88
36 years$1,174$779$503$318$197$77
37 years$1,129$740$471$293$179$68
38 years$1,088$704$441$270$162$59
39 years$1,048$669$413$249$147$52
40 years$1,010$636$387$229$133$46
41 years$975$606$363$212$121$40
42 years$941$577$341$195$110$35
43 years$909$550$320$180$99$31
44 years$878$524$300$167$90$27
45 years$849$500$282$154$82$24
46 years$821$477$265$142$74$21
47 years$794$455$249$131$68$18
48 years$769$434$234$121$61$16
49 years$745$415$220$112$56$14
50 years$722$396$206$104$51$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $739,000, adding $4,258 every year, while hoping to spend $51,980 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: 47/38/15 Blend
64$739,000$739,000$739,000$739,000
65$818,770$779,603$768,149$853,607
66$846,978$762,497$738,575$861,087
67$876,322$742,811$706,269$863,555
68$906,861$720,364$671,084$865,098
69$938,662$694,962$632,866$865,651
70$971,794$666,404$591,456$865,145
71$1,006,334$634,475$546,686$863,508
72$1,042,362$598,946$498,382$860,663
73$1,079,967$559,578$446,362$856,533
74$1,119,242$516,117$390,434$851,036
75$1,160,292$468,293$330,400$844,086
76$1,203,225$415,823$266,052$835,597
77$1,248,161$358,406$197,172$825,476
78$1,295,231$295,725$123,535$813,629
79$1,344,574$227,445$44,903$799,959
80$1,396,343$153,212$0$784,366
81$1,450,703$72,653$0$772,990
82$1,507,834$0$0$767,557
83$1,567,930$0$0$766,924
84$1,631,205$0$0$798,273
85$1,697,889$0$0$831,344
86$1,768,234$0$0$866,265
87$1,842,516$0$0$903,176
88$1,921,032$0$0$942,232
89$2,004,110$0$0$983,600
90$2,092,107$0$0$1,027,463
91$2,185,412$0$0$1,074,022
92$2,284,452$0$0$1,123,495
93$2,389,691$0$0$1,176,122
94$2,501,641$0$0$1,232,165
95$2,620,857$0$0$1,291,910
96$2,747,951$0$0$1,355,673
97$2,883,591$0$0$1,423,797
98$3,028,510$0$0$1,496,660
99$3,183,511$0$0$1,574,675
100$3,349,473$0$0$1,658,297