Can I retire at age 65 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$62,347$61,792$61,250$60,721$60,205$59,086
2 years$30,865$30,290$29,733$29,193$28,669$27,546
3 years$20,372$19,795$19,239$18,704$18,189$17,096
4 years$15,127$14,551$14,001$13,475$12,972$11,919
5 years$11,981$11,408$10,866$10,350$9,861$8,851
6 years$9,884$9,316$8,781$8,277$7,803$6,836
7 years$8,386$7,823$7,297$6,805$6,346$5,422
8 years$7,264$6,706$6,188$5,709$5,265$4,384
9 years$6,392$5,839$5,330$4,863$4,434$3,596
10 years$5,694$5,147$4,647$4,192$3,778$2,982
11 years$5,124$4,582$4,091$3,648$3,249$2,494
12 years$4,649$4,112$3,631$3,200$2,815$2,101
13 years$4,247$3,716$3,244$2,825$2,455$1,780
14 years$3,903$3,378$2,915$2,508$2,152$1,514
15 years$3,605$3,086$2,631$2,236$1,895$1,294
16 years$3,345$2,831$2,386$2,002$1,675$1,109
17 years$3,115$2,608$2,171$1,799$1,485$953
18 years$2,912$2,409$1,982$1,621$1,320$820
19 years$2,730$2,233$1,814$1,465$1,177$708
20 years$2,566$2,075$1,665$1,327$1,051$612
21 years$2,418$1,933$1,532$1,204$941$530
22 years$2,284$1,804$1,412$1,095$843$459
23 years$2,161$1,687$1,303$997$757$398
24 years$2,049$1,581$1,205$909$680$346
25 years$1,947$1,484$1,116$831$612$300
26 years$1,852$1,394$1,035$759$551$261
27 years$1,764$1,312$961$695$497$227
28 years$1,683$1,237$894$637$449$198
29 years$1,607$1,167$832$584$405$172
30 years$1,537$1,102$775$536$366$150
31 years$1,471$1,042$722$492$331$131
32 years$1,410$985$674$452$299$114
33 years$1,352$933$629$416$271$99
34 years$1,298$885$588$383$245$87
35 years$1,247$839$550$352$222$76
36 years$1,199$796$514$325$201$66
37 years$1,154$756$481$299$182$58
38 years$1,111$719$451$276$165$50
39 years$1,071$683$422$254$150$44
40 years$1,032$650$396$234$136$38
41 years$996$619$371$216$123$33
42 years$961$590$348$200$112$29
43 years$928$562$327$184$102$25
44 years$897$535$307$170$92$22
45 years$867$511$288$157$84$19
46 years$839$487$270$145$76$17
47 years$812$465$254$134$69$15
48 years$786$444$239$124$63$13
49 years$761$424$224$114$57$11
50 years$737$405$211$106$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $755,000, adding $4,190 every year, while hoping to spend $57,195 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: 50/41/9 Blend
64$755,000$755,000$755,000$755,000
65$836,332$796,317$784,614$875,968
66$860,783$774,481$750,044$881,663
67$885,811$749,659$712,399$881,418
68$911,414$721,643$671,515$879,820
69$937,589$690,215$627,221$876,757
70$964,331$655,143$579,341$872,109
71$991,630$616,182$527,686$865,750
72$1,019,475$573,073$472,062$857,544
73$1,047,851$525,543$412,266$847,347
74$1,076,739$473,303$348,084$835,003
75$1,106,118$416,046$279,296$820,349
76$1,135,959$353,449$205,670$803,208
77$1,166,230$285,171$126,963$783,395
78$1,196,892$210,852$42,923$760,708
79$1,227,901$130,109$0$734,936
80$1,259,203$42,541$0$710,341
81$1,290,740$0$0$686,881
82$1,322,440$0$0$683,785
83$1,354,225$0$0$699,885
84$1,386,005$0$0$715,937
85$1,417,676$0$0$731,884
86$1,449,122$0$0$747,659
87$1,480,212$0$0$763,189
88$1,510,795$0$0$778,389
89$1,540,706$0$0$793,167
90$1,569,755$0$0$807,417
91$1,597,732$0$0$821,020
92$1,624,400$0$0$833,846
93$1,649,496$0$0$845,745
94$1,672,722$0$0$856,555
95$1,693,749$0$0$866,089
96$1,712,208$0$0$874,145
97$1,727,690$0$0$880,493
98$1,739,738$0$0$884,880
99$1,747,843$0$0$887,024
100$1,751,440$0$0$886,611