Can I retire at age 65 with 762,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $762,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$62,925$62,365$61,818$61,284$60,763$60,279
2 years$31,151$30,571$30,009$29,464$28,935$28,447
3 years$20,561$19,978$19,418$18,878$18,357$17,881
4 years$15,267$14,686$14,131$13,600$13,093$12,631
5 years$12,092$11,514$10,966$10,446$9,953$9,507
6 years$9,975$9,402$8,862$8,354$7,875$7,447
7 years$8,464$7,896$7,365$6,868$6,405$5,993
8 years$7,331$6,768$6,246$5,762$5,313$4,919
9 years$6,451$5,893$5,380$4,908$4,475$4,097
10 years$5,747$5,194$4,690$4,230$3,813$3,452
11 years$5,171$4,624$4,129$3,682$3,279$2,934
12 years$4,692$4,151$3,664$3,229$2,841$2,513
13 years$4,286$3,751$3,274$2,851$2,478$2,165
14 years$3,939$3,409$2,942$2,531$2,172$1,875
15 years$3,639$3,115$2,656$2,257$1,912$1,630
16 years$3,376$2,858$2,408$2,021$1,690$1,422
17 years$3,144$2,632$2,191$1,816$1,499$1,245
18 years$2,939$2,432$2,000$1,636$1,333$1,092
19 years$2,755$2,254$1,831$1,479$1,188$961
20 years$2,590$2,094$1,680$1,339$1,061$846
21 years$2,441$1,951$1,546$1,215$949$747
22 years$2,305$1,821$1,425$1,105$851$660
23 years$2,181$1,703$1,315$1,006$764$584
24 years$2,068$1,596$1,217$918$687$518
25 years$1,965$1,497$1,127$838$618$459
26 years$1,869$1,407$1,045$766$557$407
27 years$1,780$1,325$970$702$502$362
28 years$1,698$1,248$902$643$453$322
29 years$1,622$1,177$839$589$409$286
30 years$1,551$1,112$782$541$369$255
31 years$1,485$1,051$729$497$334$227
32 years$1,423$995$680$457$302$202
33 years$1,365$942$635$420$273$180
34 years$1,310$893$593$386$248$160
35 years$1,259$847$555$356$224$143
36 years$1,210$804$519$328$203$127
37 years$1,165$763$486$302$184$114
38 years$1,121$725$455$278$167$101
39 years$1,080$690$426$256$151$91
40 years$1,042$656$399$237$137$81
41 years$1,005$625$375$218$125$72
42 years$970$595$351$201$113$64
43 years$937$567$330$186$103$57
44 years$905$540$309$172$93$51
45 years$875$515$291$159$85$46
46 years$847$492$273$146$77$41
47 years$819$469$256$135$70$37
48 years$793$448$241$125$63$33
49 years$768$428$226$116$57$29
50 years$744$409$213$107$52$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $762,000, adding $5,431 every year, while hoping to spend $29,167 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: 55/38/7 Blend
64$762,000$762,000$762,000$762,000
65$845,326$804,940$793,129$890,165
66$900,516$813,349$788,665$929,467
67$960,357$821,192$783,075$968,535
68$1,025,295$828,411$776,288$1,010,357
69$1,095,815$834,943$768,235$1,055,201
70$1,172,456$840,723$758,838$1,103,360
71$1,255,807$845,680$748,020$1,155,158
72$1,346,519$849,738$735,698$1,210,953
73$1,445,306$852,817$721,786$1,271,139
74$1,552,955$854,832$706,193$1,336,154
75$1,670,331$855,693$688,825$1,406,479
76$1,798,387$855,305$669,583$1,482,646
77$1,938,171$853,564$648,364$1,565,243
78$2,090,839$850,363$625,058$1,654,919
79$2,257,661$845,586$599,553$1,752,390
80$2,440,035$839,113$571,731$1,858,446
81$2,639,502$830,813$541,468$1,973,962
82$2,857,759$820,551$508,635$2,099,901
83$3,096,672$808,179$473,096$2,237,327
84$3,358,298$793,545$434,710$2,387,416
85$3,644,901$776,486$393,329$2,551,464
86$3,958,976$756,829$348,801$2,730,904
87$4,303,269$734,390$300,963$2,927,314
88$4,680,804$708,978$249,647$3,142,441
89$5,094,914$680,386$194,678$3,378,208
90$5,549,269$648,398$135,873$3,636,740
91$6,047,910$612,784$73,040$3,920,383
92$6,595,289$573,304$5,980$4,231,724
93$7,196,312$529,699$0$4,573,619
94$7,856,381$481,699$0$4,954,116
95$8,581,447$429,017$0$5,372,590
96$9,378,066$371,351$0$5,832,445
97$10,253,463$308,381$0$6,337,934
98$11,215,593$239,769$0$6,893,742
99$12,273,223$165,157$0$7,505,043
100$13,436,011$84,169$0$8,177,538