Can I retire at age 65 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$62,099$61,546$61,007$60,480$59,966$59,094
2 years$30,742$30,170$29,615$29,077$28,555$27,679
3 years$20,291$19,716$19,163$18,630$18,116$17,263
4 years$15,067$14,494$13,946$13,422$12,921$12,096
5 years$11,933$11,363$10,822$10,309$9,822$9,029
6 years$9,844$9,279$8,746$8,244$7,772$7,011
7 years$8,353$7,792$7,268$6,778$6,321$5,593
8 years$7,235$6,679$6,164$5,686$5,244$4,548
9 years$6,366$5,816$5,309$4,843$4,416$3,753
10 years$5,671$5,126$4,628$4,175$3,763$3,131
11 years$5,103$4,564$4,075$3,633$3,236$2,636
12 years$4,630$4,096$3,616$3,187$2,804$2,234
13 years$4,230$3,702$3,231$2,814$2,445$1,905
14 years$3,888$3,365$2,903$2,498$2,144$1,632
15 years$3,591$3,074$2,621$2,227$1,887$1,404
16 years$3,332$2,820$2,376$1,994$1,668$1,212
17 years$3,103$2,597$2,162$1,792$1,479$1,049
18 years$2,900$2,400$1,974$1,615$1,315$910
19 years$2,719$2,224$1,807$1,459$1,172$791
20 years$2,556$2,067$1,658$1,322$1,047$689
21 years$2,409$1,925$1,525$1,199$937$600
22 years$2,275$1,797$1,406$1,091$840$524
23 years$2,153$1,681$1,298$993$754$458
24 years$2,041$1,575$1,201$906$678$401
25 years$1,939$1,478$1,112$827$610$351
26 years$1,844$1,389$1,031$756$549$308
27 years$1,757$1,307$958$692$495$270
28 years$1,676$1,232$890$634$447$237
29 years$1,601$1,162$828$582$403$208
30 years$1,531$1,097$772$534$365$183
31 years$1,465$1,037$719$490$330$161
32 years$1,404$982$671$451$298$141
33 years$1,347$930$627$414$270$124
34 years$1,293$881$586$381$244$109
35 years$1,242$836$547$351$221$96
36 years$1,194$793$512$323$200$84
37 years$1,149$753$479$298$182$74
38 years$1,107$716$449$275$165$65
39 years$1,066$681$421$253$149$58
40 years$1,028$648$394$233$135$51
41 years$992$617$370$215$123$45
42 years$957$587$347$199$112$39
43 years$925$559$325$184$101$35
44 years$893$533$305$169$92$30
45 years$864$509$287$156$83$27
46 years$835$485$269$145$76$24
47 years$808$463$253$134$69$21
48 years$783$442$238$123$62$18
49 years$758$422$224$114$57$16
50 years$734$403$210$105$52$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $752,000, adding $3,897 every year, while hoping to spend $35,770 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: 81/8/11 Blend
64$752,000$752,000$752,000$752,000
65$832,724$792,868$781,212$898,293
66$879,603$793,659$769,323$942,649
67$930,064$793,291$755,838$986,236
68$984,436$791,667$740,664$1,033,020
69$1,043,079$788,689$723,706$1,083,303
70$1,106,387$784,249$704,864$1,137,417
71$1,174,795$778,234$684,034$1,195,730
72$1,248,781$770,525$661,107$1,258,644
73$1,328,870$760,993$635,967$1,326,605
74$1,415,638$749,506$608,495$1,400,103
75$1,509,720$735,918$578,566$1,479,679
76$1,611,814$720,080$546,051$1,565,927
77$1,722,686$701,832$510,811$1,659,503
78$1,843,181$681,002$472,704$1,761,132
79$1,974,228$657,413$431,581$1,871,608
80$2,116,846$630,874$387,286$1,991,812
81$2,272,161$601,184$339,657$2,122,710
82$2,441,410$568,129$288,523$2,265,369
83$2,625,952$531,486$233,708$2,420,966
84$2,827,286$491,016$175,024$2,590,797
85$3,047,062$446,469$112,280$2,776,291
86$3,287,093$397,577$45,272$2,979,022
87$3,549,379$344,060$0$3,200,727
88$3,836,118$285,621$0$3,446,399
89$4,149,733$221,947$0$3,720,938
90$4,492,890$152,707$0$4,021,379
91$4,868,525$77,550$0$4,350,312
92$5,279,871$0$0$4,710,592
93$5,730,490$0$0$5,105,709
94$6,224,303$0$0$5,546,198
95$6,765,627$0$0$6,029,088
96$7,359,220$0$0$6,558,624
97$8,010,319$0$0$7,139,482
98$8,724,694$0$0$7,776,811
99$9,508,702$0$0$8,476,285
100$10,369,342$0$0$9,244,151