Can I retire at age 65 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$59,870$59,337$58,816$58,308$57,813$55,497
2 years$29,639$29,087$28,552$28,033$27,530$25,226
3 years$19,563$19,008$18,475$17,961$17,466$15,246
4 years$14,526$13,973$13,445$12,940$12,457$10,338
5 years$11,504$10,955$10,434$9,939$9,470$7,458
6 years$9,491$8,946$8,432$7,948$7,493$5,589
7 years$8,053$7,513$7,007$6,535$6,094$4,297
8 years$6,975$6,440$5,943$5,482$5,055$3,364
9 years$6,138$5,607$5,118$4,669$4,257$2,668
10 years$5,468$4,942$4,462$4,025$3,627$2,138
11 years$4,920$4,400$3,929$3,503$3,120$1,726
12 years$4,464$3,949$3,486$3,073$2,704$1,402
13 years$4,078$3,569$3,115$2,713$2,358$1,144
14 years$3,748$3,244$2,799$2,408$2,067$938
15 years$3,462$2,963$2,527$2,147$1,820$770
16 years$3,212$2,719$2,291$1,923$1,608$635
17 years$2,992$2,504$2,085$1,728$1,426$524
18 years$2,796$2,314$1,903$1,557$1,268$433
19 years$2,621$2,144$1,742$1,407$1,130$359
20 years$2,464$1,993$1,599$1,274$1,009$297
21 years$2,322$1,856$1,471$1,156$903$247
22 years$2,193$1,733$1,355$1,051$810$205
23 years$2,076$1,620$1,252$958$727$170
24 years$1,968$1,518$1,157$873$653$141
25 years$1,869$1,425$1,072$798$588$118
26 years$1,778$1,339$994$729$530$98
27 years$1,694$1,260$923$668$477$81
28 years$1,616$1,188$858$612$431$68
29 years$1,543$1,120$799$561$389$56
30 years$1,476$1,058$744$515$351$47
31 years$1,413$1,000$694$473$318$39
32 years$1,354$946$647$434$287$33
33 years$1,298$896$604$400$260$27
34 years$1,246$849$565$368$236$23
35 years$1,198$806$528$338$213$19
36 years$1,151$765$494$312$193$16
37 years$1,108$726$462$287$175$13
38 years$1,067$690$433$265$159$11
39 years$1,028$656$405$244$144$9
40 years$991$624$380$225$131$8
41 years$956$594$356$208$119$6
42 years$923$566$334$192$108$5
43 years$891$539$314$177$98$4
44 years$861$514$294$163$89$4
45 years$833$490$276$151$80$3
46 years$805$468$260$139$73$3
47 years$779$446$244$129$66$2
48 years$754$426$229$119$60$2
49 years$731$407$215$110$55$1
50 years$708$389$203$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $725,000, adding $3,141 every year, while hoping to spend $47,693 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: 77/17/6 Blend
64$725,000$725,000$725,000$725,000
65$802,190$763,765$752,527$863,269
66$833,268$750,444$726,992$890,479
67$865,918$734,873$699,003$913,814
68$900,250$716,889$668,427$937,989
69$936,382$696,324$635,127$963,067
70$974,446$672,996$598,956$989,119
71$1,014,582$646,716$559,764$1,016,220
72$1,056,946$617,282$517,393$1,044,457
73$1,101,706$584,480$471,676$1,073,924
74$1,149,045$548,084$422,442$1,104,726
75$1,199,164$507,857$369,511$1,136,980
76$1,252,282$463,545$312,693$1,170,815
77$1,308,638$414,882$251,791$1,206,375
78$1,368,494$361,587$186,602$1,243,819
79$1,432,137$303,361$116,909$1,283,323
80$1,499,878$239,889$42,489$1,325,084
81$1,572,062$170,840$0$1,369,318
82$1,649,064$95,862$0$1,418,631
83$1,731,293$14,585$0$1,473,983
84$1,819,203$0$0$1,532,963
85$1,913,285$0$0$1,609,644
86$2,014,082$0$0$1,694,738
87$2,122,189$0$0$1,786,020
88$2,238,256$0$0$1,884,044
89$2,363,000$0$0$1,989,415
90$2,497,205$0$0$2,102,799
91$2,641,735$0$0$2,224,929
92$2,797,535$0$0$2,356,606
93$2,965,648$0$0$2,498,714
94$3,147,214$0$0$2,652,221
95$3,343,492$0$0$2,818,193
96$3,555,860$0$0$2,997,801
97$3,785,837$0$0$3,192,332
98$4,035,090$0$0$3,403,200
99$4,305,456$0$0$3,631,963
100$4,598,950$0$0$3,880,331