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%13.8%
1 years$63,173$62,610$62,061$61,525$61,002$60,041
2 years$31,274$30,691$30,127$29,580$29,049$28,083
3 years$20,642$20,057$19,494$18,952$18,430$17,489
4 years$15,327$14,744$14,187$13,654$13,144$12,236
5 years$12,139$11,560$11,009$10,487$9,992$9,119
6 years$10,015$9,439$8,897$8,387$7,906$7,070
7 years$8,498$7,927$7,394$6,895$6,430$5,630
8 years$7,360$6,795$6,270$5,784$5,334$4,571
9 years$6,476$5,916$5,401$4,927$4,492$3,765
10 years$5,769$5,215$4,708$4,247$3,828$3,135
11 years$5,191$4,642$4,145$3,696$3,292$2,634
12 years$4,710$4,167$3,679$3,242$2,853$2,229
13 years$4,303$3,766$3,287$2,862$2,488$1,897
14 years$3,955$3,423$2,953$2,541$2,181$1,622
15 years$3,653$3,127$2,666$2,266$1,920$1,392
16 years$3,389$2,869$2,417$2,029$1,697$1,199
17 years$3,157$2,642$2,200$1,823$1,505$1,035
18 years$2,950$2,441$2,008$1,643$1,338$896
19 years$2,766$2,263$1,838$1,484$1,192$777
20 years$2,600$2,103$1,687$1,344$1,065$675
21 years$2,450$1,958$1,552$1,220$953$588
22 years$2,314$1,828$1,430$1,109$854$512
23 years$2,190$1,710$1,321$1,010$767$447
24 years$2,077$1,602$1,221$922$689$390
25 years$1,972$1,503$1,131$842$620$341
26 years$1,876$1,413$1,049$770$559$298
27 years$1,787$1,330$974$704$504$261
28 years$1,705$1,253$906$645$455$228
29 years$1,628$1,182$843$592$410$200
30 years$1,557$1,116$785$543$371$175
31 years$1,491$1,055$732$499$335$153
32 years$1,428$999$683$458$303$135
33 years$1,370$946$638$422$274$118
34 years$1,315$896$596$388$249$103
35 years$1,264$850$557$357$225$91
36 years$1,215$807$521$329$204$80
37 years$1,169$766$488$303$185$70
38 years$1,126$728$457$279$168$61
39 years$1,085$693$428$257$152$54
40 years$1,046$659$401$237$138$47
41 years$1,009$627$376$219$125$42
42 years$974$597$353$202$113$36
43 years$941$569$331$187$103$32
44 years$909$542$311$172$93$28
45 years$879$517$292$159$85$25
46 years$850$493$274$147$77$22
47 years$822$471$257$136$70$19
48 years$796$450$242$126$64$17
49 years$771$429$227$116$58$15
50 years$747$410$214$107$52$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $765,000, adding $4,684 every year, while hoping to spend $48,457 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: 48/37/15 Blend
64$765,000$765,000$765,000$765,000
65$847,862$807,317$795,459$884,796
66$882,786$795,317$770,549$898,817
67$919,648$781,106$743,180$908,674
68$958,595$764,523$713,220$918,315
69$999,786$745,399$680,528$927,738
70$1,043,397$723,556$644,958$936,943
71$1,089,617$698,804$606,358$945,933
72$1,138,655$670,943$564,568$954,717
73$1,190,739$639,760$519,422$963,306
74$1,246,118$605,032$470,746$971,720
75$1,305,064$566,520$418,358$979,981
76$1,367,875$523,974$362,067$988,121
77$1,434,878$477,129$301,677$996,179
78$1,506,432$425,705$236,979$1,004,203
79$1,582,927$369,404$167,757$1,012,253
80$1,664,795$307,913$93,786$1,020,399
81$1,752,506$240,903$14,830$1,028,726
82$1,846,577$168,023$0$1,037,335
83$1,947,576$88,904$0$1,057,454
84$2,056,125$3,157$0$1,081,363
85$2,172,908$0$0$1,106,888
86$2,298,676$0$0$1,170,749
87$2,434,252$0$0$1,241,041
88$2,580,541$0$0$1,316,955
89$2,738,539$0$0$1,399,016
90$2,909,338$0$0$1,487,801
91$3,094,140$0$0$1,583,943
92$3,294,266$0$0$1,688,140
93$3,511,166$0$0$1,801,159
94$3,746,439$0$0$1,923,841
95$4,001,839$0$0$2,057,114
96$4,279,297$0$0$2,201,998
97$4,580,938$0$0$2,359,615
98$4,909,100$0$0$2,531,198
99$5,266,352$0$0$2,718,106
100$5,655,524$0$0$2,921,834