Can I retire at age 65 with 758,000?

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 $758,000?

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$62,595$62,037$61,493$60,962$60,444$58,533
2 years$30,988$30,410$29,851$29,309$28,783$26,874
3 years$20,453$19,874$19,316$18,778$18,261$16,416
4 years$15,187$14,609$14,057$13,529$13,024$11,255
5 years$12,028$11,454$10,909$10,391$9,901$8,214
6 years$9,923$9,353$8,816$8,310$7,834$6,231
7 years$8,420$7,855$7,326$6,832$6,371$4,851
8 years$7,293$6,733$6,213$5,731$5,285$3,847
9 years$6,417$5,862$5,351$4,882$4,451$3,093
10 years$5,717$5,167$4,665$4,208$3,793$2,513
11 years$5,144$4,600$4,107$3,662$3,262$2,058
12 years$4,667$4,129$3,645$3,212$2,827$1,697
13 years$4,264$3,731$3,257$2,836$2,465$1,406
14 years$3,919$3,392$2,926$2,518$2,161$1,169
15 years$3,620$3,098$2,642$2,245$1,902$976
16 years$3,358$2,843$2,395$2,010$1,681$817
17 years$3,128$2,618$2,180$1,806$1,491$686
18 years$2,923$2,419$1,990$1,628$1,326$576
19 years$2,741$2,242$1,821$1,471$1,181$485
20 years$2,576$2,083$1,672$1,332$1,055$409
21 years$2,428$1,941$1,538$1,209$944$345
22 years$2,293$1,811$1,417$1,099$847$291
23 years$2,170$1,694$1,308$1,001$760$246
24 years$2,058$1,587$1,210$913$683$208
25 years$1,954$1,490$1,121$834$615$176
26 years$1,859$1,400$1,040$762$554$149
27 years$1,771$1,318$965$698$499$127
28 years$1,689$1,242$897$639$450$107
29 years$1,614$1,171$835$586$407$91
30 years$1,543$1,106$778$538$367$77
31 years$1,477$1,046$725$494$332$65
32 years$1,415$989$677$454$301$55
33 years$1,357$937$632$418$272$47
34 years$1,303$888$590$384$246$40
35 years$1,252$842$552$354$223$34
36 years$1,204$799$516$326$202$29
37 years$1,158$759$483$300$183$24
38 years$1,115$722$452$277$166$21
39 years$1,075$686$424$255$151$18
40 years$1,036$653$397$235$137$15
41 years$1,000$621$373$217$124$13
42 years$965$592$349$200$112$11
43 years$932$564$328$185$102$9
44 years$901$538$308$171$93$8
45 years$871$513$289$158$84$7
46 years$842$489$271$146$76$6
47 years$815$467$255$135$69$5
48 years$789$445$240$124$63$4
49 years$764$425$225$115$57$3
50 years$740$406$212$106$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $758,000, adding $4,085 every year, while hoping to spend $25,430 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: 43/50/7 Blend
64$758,000$758,000$758,000$758,000
65$839,530$799,356$787,607$873,763
66$898,104$811,467$786,934$910,034
67$961,801$823,319$785,387$946,382
68$1,031,116$834,873$782,909$985,171
69$1,106,595$846,086$779,440$1,026,631
70$1,188,836$856,913$774,921$1,071,020
71$1,278,502$867,306$769,284$1,118,621
72$1,376,318$877,213$762,464$1,169,745
73$1,483,084$886,578$754,389$1,224,738
74$1,599,682$895,344$744,984$1,283,981
75$1,727,080$903,447$734,172$1,347,895
76$1,866,347$910,820$721,871$1,416,945
77$2,018,656$917,392$707,996$1,491,643
78$2,185,302$923,087$692,457$1,572,558
79$2,367,710$927,825$675,161$1,660,315
80$2,567,447$931,520$656,009$1,755,605
81$2,786,242$934,079$634,901$1,859,191
82$3,025,997$935,407$611,728$1,971,918
83$3,288,806$935,400$586,379$2,094,714
84$3,576,979$933,949$558,737$2,228,609
85$3,893,055$930,937$528,680$2,374,736
86$4,239,835$926,242$496,079$2,534,348
87$4,620,402$919,731$460,801$2,708,828
88$5,038,152$911,266$422,706$2,899,703
89$5,496,825$900,701$381,649$3,108,658
90$6,000,545$887,878$337,478$3,337,552
91$6,553,849$872,633$290,032$3,588,440
92$7,161,740$854,791$239,147$3,863,586
93$7,829,727$834,165$184,647$4,165,492
94$8,563,879$810,559$126,353$4,496,918
95$9,370,884$783,766$64,075$4,860,910
96$10,258,108$753,564$0$5,260,830
97$11,233,668$719,722$0$5,700,564
98$12,306,506$681,992$0$6,189,146
99$13,486,474$640,114$0$6,726,317
100$14,784,427$593,812$0$7,317,076