Can I retire at age 75 with 739,000?

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 $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%11.9%
1 years$61,026$60,482$59,952$59,434$58,929$58,460
2 years$30,211$29,648$29,103$28,574$28,061$27,588
3 years$19,941$19,375$18,832$18,308$17,803$17,341
4 years$14,806$14,243$13,705$13,190$12,697$12,250
5 years$11,727$11,167$10,635$10,131$9,652$9,220
6 years$9,674$9,118$8,595$8,102$7,638$7,222
7 years$8,209$7,658$7,142$6,661$6,211$5,812
8 years$7,110$6,564$6,057$5,588$5,153$4,770
9 years$6,256$5,715$5,217$4,759$4,340$3,973
10 years$5,573$5,038$4,548$4,103$3,698$3,347
11 years$5,015$4,485$4,004$3,571$3,180$2,846
12 years$4,550$4,025$3,554$3,132$2,756$2,437
13 years$4,157$3,638$3,175$2,765$2,403$2,100
14 years$3,820$3,307$2,853$2,454$2,106$1,818
15 years$3,529$3,021$2,576$2,189$1,855$1,581
16 years$3,274$2,771$2,335$1,960$1,639$1,379
17 years$3,049$2,552$2,125$1,761$1,453$1,207
18 years$2,850$2,358$1,940$1,587$1,292$1,059
19 years$2,672$2,186$1,776$1,434$1,152$932
20 years$2,512$2,031$1,630$1,299$1,029$821
21 years$2,367$1,892$1,499$1,179$921$724
22 years$2,235$1,766$1,382$1,072$825$640
23 years$2,116$1,652$1,276$976$741$567
24 years$2,006$1,548$1,180$890$666$502
25 years$1,905$1,452$1,093$813$599$445
26 years$1,812$1,365$1,013$743$540$395
27 years$1,727$1,285$941$680$487$351
28 years$1,647$1,210$875$623$439$312
29 years$1,573$1,142$814$572$396$278
30 years$1,504$1,078$758$525$358$247
31 years$1,440$1,019$707$482$324$220
32 years$1,380$965$660$443$293$196
33 years$1,323$913$616$407$265$174
34 years$1,270$866$575$375$240$156
35 years$1,221$821$538$345$217$139
36 years$1,174$779$503$318$197$124
37 years$1,129$740$471$293$179$110
38 years$1,088$704$441$270$162$98
39 years$1,048$669$413$249$147$88
40 years$1,010$636$387$229$133$78
41 years$975$606$363$212$121$70
42 years$941$577$341$195$110$62
43 years$909$550$320$180$99$56
44 years$878$524$300$167$90$50
45 years$849$500$282$154$82$44
46 years$821$477$265$142$74$40
47 years$794$455$249$131$68$35
48 years$769$434$234$121$61$32
49 years$745$415$220$112$56$28
50 years$722$396$206$104$51$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $739,000, adding $3,952 every year, while hoping to spend $46,102 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: 35/46/19 Blend
74$739,000$739,000$739,000$739,000
75$818,454$779,287$767,833$842,227
76$852,885$768,420$744,503$849,115
77$889,282$755,476$718,847$851,968
78$927,797$740,303$690,737$854,086
79$968,597$722,743$660,042$855,427
80$1,011,863$702,626$626,622$855,955
81$1,057,793$679,774$590,334$855,631
82$1,106,604$653,999$551,025$854,417
83$1,158,532$625,099$508,539$852,278
84$1,213,836$592,864$462,710$849,178
85$1,272,802$557,068$413,365$845,087
86$1,335,739$517,476$360,324$839,974
87$1,402,989$473,837$303,399$833,813
88$1,474,926$425,886$242,395$826,582
89$1,551,957$373,344$177,104$818,263
90$1,634,534$315,915$107,314$808,846
91$1,723,148$253,287$32,801$798,327
92$1,818,341$185,129$0$786,708
93$1,920,705$111,094$0$783,473
94$2,030,893$30,813$0$786,889
95$2,149,619$0$0$790,386
96$2,277,670$0$0$822,467
97$2,415,909$0$0$874,021
98$2,565,285$0$0$929,815
99$2,726,840$0$0$990,249
100$2,901,721$0$0$1,055,763