Can I retire at age 65 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$62,760$62,201$61,656$61,123$60,603$59,428
2 years$31,069$30,491$29,930$29,386$28,859$27,680
3 years$20,507$19,926$19,367$18,828$18,309$17,163
4 years$15,227$14,648$14,094$13,565$13,058$11,954
5 years$12,060$11,484$10,937$10,419$9,927$8,867
6 years$9,949$9,378$8,839$8,332$7,855$6,841
7 years$8,442$7,875$7,345$6,850$6,388$5,420
8 years$7,312$6,751$6,229$5,746$5,299$4,377
9 years$6,434$5,878$5,365$4,895$4,463$3,586
10 years$5,732$5,181$4,678$4,219$3,803$2,970
11 years$5,157$4,612$4,118$3,672$3,270$2,481
12 years$4,679$4,140$3,655$3,221$2,834$2,087
13 years$4,275$3,741$3,265$2,844$2,471$1,766
14 years$3,929$3,400$2,934$2,524$2,166$1,501
15 years$3,629$3,106$2,649$2,251$1,907$1,280
16 years$3,367$2,850$2,402$2,016$1,686$1,095
17 years$3,136$2,625$2,185$1,811$1,495$940
18 years$2,931$2,425$1,995$1,632$1,329$808
19 years$2,748$2,248$1,826$1,475$1,185$697
20 years$2,583$2,089$1,676$1,336$1,058$601
21 years$2,434$1,946$1,542$1,212$947$519
22 years$2,299$1,816$1,421$1,102$849$449
23 years$2,176$1,699$1,312$1,004$762$389
24 years$2,063$1,592$1,213$916$685$337
25 years$1,959$1,494$1,124$836$616$293
26 years$1,864$1,404$1,042$764$555$254
27 years$1,776$1,321$968$700$500$221
28 years$1,694$1,245$900$641$452$192
29 years$1,618$1,174$837$588$408$167
30 years$1,547$1,109$780$540$368$145
31 years$1,481$1,048$727$496$333$126
32 years$1,419$992$678$455$301$110
33 years$1,361$939$633$419$273$96
34 years$1,307$890$592$385$247$83
35 years$1,255$845$553$355$224$72
36 years$1,207$802$518$327$203$63
37 years$1,161$761$484$301$184$55
38 years$1,118$724$454$277$166$48
39 years$1,078$688$425$256$151$42
40 years$1,039$655$398$236$137$36
41 years$1,002$623$374$218$124$32
42 years$968$593$350$201$113$28
43 years$934$565$329$185$102$24
44 years$903$539$309$171$93$21
45 years$873$514$290$158$84$18
46 years$844$490$272$146$77$16
47 years$817$468$256$135$70$14
48 years$791$447$240$125$63$12
49 years$766$427$226$115$57$11
50 years$742$407$212$107$52$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $760,000, adding $3,010 every year, while hoping to spend $21,693 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: 69/17/14 Blend
64$760,000$760,000$760,000$760,000
65$840,625$800,345$788,565$895,758
66$903,287$816,481$791,901$948,950
67$971,614$832,680$794,621$1,004,247
68$1,046,161$848,923$796,683$1,064,188
69$1,127,538$865,188$798,040$1,129,227
70$1,216,417$881,453$798,644$1,199,863
71$1,313,538$897,691$798,446$1,276,649
72$1,419,717$913,876$797,392$1,360,190
73$1,535,851$929,979$795,427$1,451,155
74$1,662,927$945,967$792,493$1,550,283
75$1,802,033$961,806$788,529$1,658,385
76$1,954,366$977,461$783,471$1,776,357
77$2,121,246$992,891$777,252$1,905,183
78$2,304,125$1,008,055$769,802$2,045,953
79$2,504,603$1,022,907$761,047$2,199,862
80$2,724,442$1,037,398$750,911$2,368,231
81$2,965,581$1,051,477$739,313$2,552,515
82$3,230,160$1,065,089$726,169$2,754,317
83$3,520,531$1,078,173$711,391$2,975,404
84$3,839,288$1,090,666$694,885$3,217,723
85$4,189,287$1,102,501$676,556$3,483,420
86$4,573,676$1,113,605$656,303$3,774,861
87$4,995,921$1,123,902$634,018$4,094,652
88$5,459,840$1,133,308$609,593$4,445,667
89$5,969,641$1,141,737$582,912$4,831,071
90$6,529,957$1,149,095$553,852$5,254,356
91$7,145,896$1,155,284$522,289$5,719,368
92$7,823,081$1,160,196$488,089$6,230,345
93$8,567,710$1,163,721$451,116$6,791,961
94$9,386,613$1,165,739$411,224$7,409,366
95$10,287,310$1,166,124$368,263$8,088,236
96$11,278,092$1,164,740$322,075$8,834,825
97$12,368,089$1,161,444$272,497$9,656,030
98$13,567,365$1,156,086$219,357$10,559,450
99$14,887,006$1,148,503$162,475$11,553,459
100$16,339,226$1,138,526$101,663$12,647,290