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%12.7%
1 years$59,870$59,337$58,816$58,308$57,813$57,161
2 years$29,639$29,087$28,552$28,033$27,530$26,874
3 years$19,563$19,008$18,475$17,961$17,466$16,826
4 years$14,526$13,973$13,445$12,940$12,457$11,838
5 years$11,504$10,955$10,434$9,939$9,470$8,873
6 years$9,491$8,946$8,432$7,948$7,493$6,920
7 years$8,053$7,513$7,007$6,535$6,094$5,545
8 years$6,975$6,440$5,943$5,482$5,055$4,530
9 years$6,138$5,607$5,118$4,669$4,257$3,756
10 years$5,468$4,942$4,462$4,025$3,627$3,149
11 years$4,920$4,400$3,929$3,503$3,120$2,664
12 years$4,464$3,949$3,486$3,073$2,704$2,270
13 years$4,078$3,569$3,115$2,713$2,358$1,945
14 years$3,748$3,244$2,799$2,408$2,067$1,676
15 years$3,462$2,963$2,527$2,147$1,820$1,449
16 years$3,212$2,719$2,291$1,923$1,608$1,257
17 years$2,992$2,504$2,085$1,728$1,426$1,094
18 years$2,796$2,314$1,903$1,557$1,268$955
19 years$2,621$2,144$1,742$1,407$1,130$835
20 years$2,464$1,993$1,599$1,274$1,009$731
21 years$2,322$1,856$1,471$1,156$903$642
22 years$2,193$1,733$1,355$1,051$810$564
23 years$2,076$1,620$1,252$958$727$496
24 years$1,968$1,518$1,157$873$653$437
25 years$1,869$1,425$1,072$798$588$385
26 years$1,778$1,339$994$729$530$339
27 years$1,694$1,260$923$668$477$300
28 years$1,616$1,188$858$612$431$265
29 years$1,543$1,120$799$561$389$234
30 years$1,476$1,058$744$515$351$207
31 years$1,413$1,000$694$473$318$183
32 years$1,354$946$647$434$287$162
33 years$1,298$896$604$400$260$143
34 years$1,246$849$565$368$236$127
35 years$1,198$806$528$338$213$112
36 years$1,151$765$494$312$193$99
37 years$1,108$726$462$287$175$88
38 years$1,067$690$433$265$159$78
39 years$1,028$656$405$244$144$69
40 years$991$624$380$225$131$61
41 years$956$594$356$208$119$54
42 years$923$566$334$192$108$48
43 years$891$539$314$177$98$43
44 years$861$514$294$163$89$38
45 years$833$490$276$151$80$34
46 years$805$468$260$139$73$30
47 years$779$446$244$129$66$26
48 years$754$426$229$119$60$23
49 years$731$407$215$110$55$21
50 years$708$389$203$102$50$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $725,000, adding $3,311 every year, while hoping to spend $56,724 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: 64/7/29 Blend
64$725,000$725,000$725,000$725,000
65$802,365$763,940$752,703$847,317
66$823,853$741,019$717,564$855,258
67$845,631$715,074$679,348$857,407
68$867,669$685,897$637,890$858,536
69$889,932$653,267$593,020$858,553
70$912,380$616,952$544,561$857,358
71$934,965$576,705$492,326$854,844
72$957,634$532,265$436,121$850,898
73$980,325$483,359$375,744$845,393
74$1,002,968$429,694$310,981$838,198
75$1,025,484$370,962$241,613$829,166
76$1,047,784$306,840$167,407$818,141
77$1,069,766$236,983$88,124$804,956
78$1,091,316$161,029$3,510$789,427
79$1,112,306$78,595$0$771,358
80$1,132,591$0$0$777,389
81$1,152,011$0$0$784,167
82$1,170,385$0$0$796,233
83$1,187,509$0$0$807,390
84$1,203,160$0$0$817,479
85$1,217,084$0$0$826,320
86$1,229,002$0$0$833,715
87$1,238,600$0$0$839,443
88$1,245,530$0$0$843,256
89$1,249,406$0$0$844,881
90$1,249,798$0$0$844,014
91$1,246,228$0$0$840,317
92$1,238,165$0$0$833,414
93$1,225,022$0$0$822,889
94$1,206,146$0$0$808,282
95$1,180,814$0$0$789,081
96$1,148,226$0$0$764,719
97$1,107,492$0$0$734,570
98$1,057,631$0$0$697,938
99$997,556$0$0$654,057
100$926,062$0$0$602,075