Can I retire at age 65 with 765,000?

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 $765,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$63,173$62,610$62,061$61,525$61,002$59,918
2 years$31,274$30,691$30,127$29,580$29,049$27,960
3 years$20,642$20,057$19,494$18,952$18,430$17,370
4 years$15,327$14,744$14,187$13,654$13,144$12,122
5 years$12,139$11,560$11,009$10,487$9,992$9,011
6 years$10,015$9,439$8,897$8,387$7,906$6,967
7 years$8,498$7,927$7,394$6,895$6,430$5,532
8 years$7,360$6,795$6,270$5,784$5,334$4,478
9 years$6,476$5,916$5,401$4,927$4,492$3,678
10 years$5,769$5,215$4,708$4,247$3,828$3,054
11 years$5,191$4,642$4,145$3,696$3,292$2,558
12 years$4,710$4,167$3,679$3,242$2,853$2,157
13 years$4,303$3,766$3,287$2,862$2,488$1,830
14 years$3,955$3,423$2,953$2,541$2,181$1,559
15 years$3,653$3,127$2,666$2,266$1,920$1,334
16 years$3,389$2,869$2,417$2,029$1,697$1,144
17 years$3,157$2,642$2,200$1,823$1,505$985
18 years$2,950$2,441$2,008$1,643$1,338$849
19 years$2,766$2,263$1,838$1,484$1,192$734
20 years$2,600$2,103$1,687$1,344$1,065$635
21 years$2,450$1,958$1,552$1,220$953$551
22 years$2,314$1,828$1,430$1,109$854$478
23 years$2,190$1,710$1,321$1,010$767$415
24 years$2,077$1,602$1,221$922$689$361
25 years$1,972$1,503$1,131$842$620$314
26 years$1,876$1,413$1,049$770$559$274
27 years$1,787$1,330$974$704$504$239
28 years$1,705$1,253$906$645$455$208
29 years$1,628$1,182$843$592$410$181
30 years$1,557$1,116$785$543$371$158
31 years$1,491$1,055$732$499$335$138
32 years$1,428$999$683$458$303$121
33 years$1,370$946$638$422$274$105
34 years$1,315$896$596$388$249$92
35 years$1,264$850$557$357$225$80
36 years$1,215$807$521$329$204$70
37 years$1,169$766$488$303$185$61
38 years$1,126$728$457$279$168$54
39 years$1,085$693$428$257$152$47
40 years$1,046$659$401$237$138$41
41 years$1,009$627$376$219$125$36
42 years$974$597$353$202$113$31
43 years$941$569$331$187$103$27
44 years$909$542$311$172$93$24
45 years$879$517$292$159$85$21
46 years$850$493$274$147$77$18
47 years$822$471$257$136$70$16
48 years$796$450$242$126$64$14
49 years$771$429$227$116$58$12
50 years$747$410$214$107$52$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $765,000, adding $2,711 every year, while hoping to spend $56,950 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: 69/25/6 Blend
64$765,000$765,000$765,000$765,000
65$845,826$805,281$793,424$903,298
66$871,506$784,146$759,409$920,538
67$897,897$760,066$722,346$932,153
68$925,010$732,837$682,073$943,298
69$952,859$702,243$638,420$953,915
70$981,453$668,056$591,209$963,942
71$1,010,802$630,032$540,256$973,310
72$1,040,917$587,916$485,367$981,949
73$1,071,804$541,438$426,341$989,780
74$1,103,470$490,310$362,965$996,721
75$1,135,920$434,231$295,020$1,002,682
76$1,169,156$372,881$222,276$1,007,568
77$1,203,180$305,922$144,492$1,011,276
78$1,237,989$232,997$61,418$1,013,695
79$1,273,580$153,730$0$1,014,708
80$1,309,944$67,721$0$1,015,932
81$1,347,071$0$0$1,019,796
82$1,384,945$0$0$1,029,236
83$1,423,548$0$0$1,057,837
84$1,462,854$0$0$1,086,950
85$1,502,834$0$0$1,116,551
86$1,543,450$0$0$1,146,610
87$1,584,661$0$0$1,177,095
88$1,626,414$0$0$1,207,966
89$1,668,650$0$0$1,239,177
90$1,711,298$0$0$1,270,672
91$1,754,278$0$0$1,302,391
92$1,797,498$0$0$1,334,261
93$1,840,852$0$0$1,366,202
94$1,884,218$0$0$1,398,120
95$1,927,458$0$0$1,429,909
96$1,970,417$0$0$1,461,450
97$2,012,918$0$0$1,492,607
98$2,054,762$0$0$1,523,228
99$2,095,725$0$0$1,553,142
100$2,135,554$0$0$1,582,154