Can I retire at age 75 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$61,026$60,482$59,952$59,434$58,929$56,997
2 years$30,211$29,648$29,103$28,574$28,061$26,133
3 years$19,941$19,375$18,832$18,308$17,803$15,940
4 years$14,806$14,243$13,705$13,190$12,697$10,913
5 years$11,727$11,167$10,635$10,131$9,652$7,951
6 years$9,674$9,118$8,595$8,102$7,638$6,021
7 years$8,209$7,658$7,142$6,661$6,211$4,680
8 years$7,110$6,564$6,057$5,588$5,153$3,705
9 years$6,256$5,715$5,217$4,759$4,340$2,974
10 years$5,573$5,038$4,548$4,103$3,698$2,411
11 years$5,015$4,485$4,004$3,571$3,180$1,971
12 years$4,550$4,025$3,554$3,132$2,756$1,622
13 years$4,157$3,638$3,175$2,765$2,403$1,341
14 years$3,820$3,307$2,853$2,454$2,106$1,113
15 years$3,529$3,021$2,576$2,189$1,855$927
16 years$3,274$2,771$2,335$1,960$1,639$774
17 years$3,049$2,552$2,125$1,761$1,453$648
18 years$2,850$2,358$1,940$1,587$1,292$544
19 years$2,672$2,186$1,776$1,434$1,152$457
20 years$2,512$2,031$1,630$1,299$1,029$384
21 years$2,367$1,892$1,499$1,179$921$323
22 years$2,235$1,766$1,382$1,072$825$272
23 years$2,116$1,652$1,276$976$741$230
24 years$2,006$1,548$1,180$890$666$194
25 years$1,905$1,452$1,093$813$599$164
26 years$1,812$1,365$1,013$743$540$138
27 years$1,727$1,285$941$680$487$117
28 years$1,647$1,210$875$623$439$99
29 years$1,573$1,142$814$572$396$84
30 years$1,504$1,078$758$525$358$71
31 years$1,440$1,019$707$482$324$60
32 years$1,380$965$660$443$293$51
33 years$1,323$913$616$407$265$43
34 years$1,270$866$575$375$240$36
35 years$1,221$821$538$345$217$31
36 years$1,174$779$503$318$197$26
37 years$1,129$740$471$293$179$22
38 years$1,088$704$441$270$162$19
39 years$1,048$669$413$249$147$16
40 years$1,010$636$387$229$133$13
41 years$975$606$363$212$121$11
42 years$941$577$341$195$110$10
43 years$909$550$320$180$99$8
44 years$878$524$300$167$90$7
45 years$849$500$282$154$82$6
46 years$821$477$265$142$74$5
47 years$794$455$249$131$68$4
48 years$769$434$234$121$61$4
49 years$745$415$220$112$56$3
50 years$722$396$206$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $739,000, adding $2,645 every year, while hoping to spend $20,922 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: 58/14/28 Blend
74$739,000$739,000$739,000$739,000
75$817,106$777,939$766,485$858,110
76$878,190$793,797$769,901$902,354
77$944,804$809,732$772,731$948,142
78$1,017,488$825,723$774,932$997,639
79$1,096,841$841,752$776,461$1,051,211
80$1,183,517$857,797$777,271$1,109,260
81$1,278,241$873,834$777,315$1,172,231
82$1,381,808$889,838$776,541$1,240,615
83$1,495,094$905,782$774,897$1,314,953
84$1,619,064$921,635$772,326$1,395,839
85$1,754,780$937,367$768,771$1,483,933
86$1,903,413$952,943$764,170$1,579,959
87$2,066,249$968,326$758,458$1,684,716
88$2,244,709$983,476$751,568$1,799,086
89$2,440,354$998,351$743,431$1,924,041
90$2,654,906$1,012,906$733,971$2,060,653
91$2,890,259$1,027,091$723,112$2,210,104
92$3,148,502$1,040,855$710,773$2,373,697
93$3,431,934$1,054,142$696,868$2,552,870
94$3,743,088$1,066,891$681,310$2,749,206
95$4,084,754$1,079,040$664,005$2,964,454
96$4,460,006$1,090,520$644,856$3,200,540
97$4,872,229$1,101,259$623,762$3,459,589
98$5,325,155$1,111,178$600,616$3,743,941
99$5,822,892$1,120,197$575,308$4,056,180
100$6,369,967$1,128,227$547,721$4,399,152