Can I retire at age 65 with 764,000?

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 $764,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$63,090$62,528$61,980$61,445$60,922$59,186
2 years$31,233$30,651$30,087$29,541$29,011$27,275
3 years$20,615$20,031$19,469$18,927$18,406$16,724
4 years$15,307$14,725$14,168$13,636$13,127$11,514
5 years$12,123$11,544$10,995$10,474$9,979$8,438
6 years$10,001$9,427$8,886$8,376$7,896$6,428
7 years$8,486$7,917$7,384$6,886$6,422$5,028
8 years$7,351$6,786$6,262$5,777$5,327$4,006
9 years$6,468$5,908$5,394$4,920$4,486$3,237
10 years$5,762$5,208$4,702$4,242$3,823$2,643
11 years$5,185$4,636$4,140$3,691$3,288$2,176
12 years$4,704$4,161$3,674$3,238$2,849$1,803
13 years$4,298$3,761$3,282$2,859$2,484$1,502
14 years$3,950$3,418$2,949$2,537$2,178$1,257
15 years$3,648$3,123$2,663$2,263$1,917$1,055
16 years$3,385$2,865$2,414$2,026$1,695$888
17 years$3,153$2,639$2,197$1,821$1,503$749
18 years$2,946$2,438$2,005$1,641$1,336$634
19 years$2,762$2,260$1,836$1,483$1,191$537
20 years$2,597$2,100$1,685$1,343$1,064$455
21 years$2,447$1,956$1,550$1,219$952$386
22 years$2,311$1,826$1,428$1,108$853$328
23 years$2,187$1,708$1,319$1,009$766$279
24 years$2,074$1,600$1,220$920$688$238
25 years$1,970$1,501$1,130$840$619$203
26 years$1,874$1,411$1,048$769$558$173
27 years$1,785$1,328$973$703$503$147
28 years$1,703$1,251$904$644$454$126
29 years$1,626$1,181$842$591$410$107
30 years$1,555$1,115$784$542$370$91
31 years$1,489$1,054$731$498$335$78
32 years$1,427$997$682$458$303$67
33 years$1,368$944$637$421$274$57
34 years$1,313$895$595$387$248$49
35 years$1,262$849$556$357$225$41
36 years$1,213$806$520$328$204$35
37 years$1,168$765$487$303$185$30
38 years$1,124$727$456$279$167$26
39 years$1,083$692$427$257$152$22
40 years$1,045$658$400$237$138$19
41 years$1,008$626$376$219$125$16
42 years$973$597$352$202$113$14
43 years$939$568$331$186$103$12
44 years$908$542$310$172$93$10
45 years$878$517$291$159$85$9
46 years$849$493$274$147$77$7
47 years$821$470$257$136$70$6
48 years$795$449$242$125$63$5
49 years$770$429$227$116$58$5
50 years$746$410$213$107$52$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $764,000, adding $6,079 every year, while hoping to spend $44,378 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: 29/42/29 Blend
64$764,000$764,000$764,000$764,000
65$848,198$807,706$795,864$865,084
66$887,497$800,066$775,308$871,318
67$929,316$790,564$752,576$873,772
68$973,867$779,063$727,548$875,533
69$1,021,380$765,415$700,098$876,572
70$1,072,106$749,466$670,097$876,862
71$1,126,323$731,051$637,407$876,379
72$1,184,333$709,998$601,886$875,099
73$1,246,468$686,121$563,382$873,004
74$1,313,093$659,226$521,741$870,077
75$1,384,608$629,108$476,798$866,306
76$1,461,451$595,547$428,384$861,685
77$1,544,103$558,313$376,320$856,212
78$1,633,095$517,163$320,419$849,893
79$1,729,005$471,839$260,488$842,742
80$1,832,472$422,068$196,323$834,782
81$1,944,197$367,562$127,712$826,046
82$2,064,950$308,017$54,435$816,581
83$2,195,576$243,111$0$806,447
84$2,337,006$172,505$0$803,071
85$2,490,262$95,839$0$817,648
86$2,656,470$12,736$0$833,508
87$2,836,865$0$0$850,869
88$3,032,807$0$0$905,661
89$3,245,793$0$0$971,725
90$3,477,468$0$0$1,043,698
91$3,729,643$0$0$1,122,158
92$4,004,311$0$0$1,207,739
93$4,303,663$0$0$1,301,139
94$4,630,112$0$0$1,403,128
95$4,986,316$0$0$1,514,551
96$5,375,195$0$0$1,636,342
97$5,799,969$0$0$1,769,525
98$6,264,180$0$0$1,915,231
99$6,771,728$0$0$2,074,703
100$7,326,906$0$0$2,249,310