Can I retire at age 65 with 729,000?

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 $729,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$60,200$59,664$59,141$58,630$58,131$57,789
2 years$29,802$29,247$28,709$28,188$27,682$27,336
3 years$19,671$19,113$18,577$18,060$17,562$17,225
4 years$14,606$14,050$13,519$13,011$12,526$12,198
5 years$11,568$11,016$10,491$9,994$9,522$9,206
6 years$9,543$8,995$8,479$7,992$7,534$7,230
7 years$8,098$7,554$7,046$6,571$6,127$5,835
8 years$7,014$6,475$5,975$5,512$5,083$4,802
9 years$6,171$5,638$5,147$4,695$4,281$4,012
10 years$5,498$4,969$4,487$4,047$3,647$3,390
11 years$4,947$4,424$3,950$3,522$3,137$2,891
12 years$4,488$3,971$3,506$3,090$2,718$2,483
13 years$4,101$3,588$3,132$2,728$2,371$2,146
14 years$3,769$3,262$2,814$2,421$2,078$1,865
15 years$3,481$2,980$2,541$2,159$1,830$1,627
16 years$3,230$2,734$2,304$1,933$1,617$1,424
17 years$3,008$2,518$2,096$1,737$1,434$1,251
18 years$2,811$2,326$1,914$1,566$1,275$1,101
19 years$2,636$2,156$1,752$1,415$1,136$972
20 years$2,478$2,004$1,608$1,281$1,015$860
21 years$2,335$1,866$1,479$1,163$908$761
22 years$2,205$1,742$1,363$1,057$814$676
23 years$2,087$1,629$1,258$963$731$600
24 years$1,979$1,527$1,164$878$657$534
25 years$1,879$1,433$1,078$802$591$475
26 years$1,788$1,346$1,000$733$532$423
27 years$1,703$1,267$928$671$480$378
28 years$1,625$1,194$863$615$433$337
29 years$1,552$1,126$803$564$391$301
30 years$1,484$1,064$748$518$353$269
31 years$1,421$1,006$697$475$320$240
32 years$1,361$952$651$437$289$215
33 years$1,306$901$608$402$262$192
34 years$1,253$854$568$370$237$172
35 years$1,204$810$531$340$214$154
36 years$1,158$769$496$313$194$138
37 years$1,114$730$465$289$176$124
38 years$1,073$694$435$266$160$111
39 years$1,034$660$408$245$145$99
40 years$997$628$382$226$131$89
41 years$962$598$358$209$119$80
42 years$928$569$336$193$108$71
43 years$896$542$315$178$98$64
44 years$866$517$296$164$89$57
45 years$837$493$278$152$81$52
46 years$810$470$261$140$73$46
47 years$784$449$245$129$67$41
48 years$759$428$231$120$61$37
49 years$735$409$217$111$55$33
50 years$712$391$204$102$50$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $729,000, adding $3,665 every year, while hoping to spend $35,785 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: 67/7/26 Blend
64$729,000$729,000$729,000$729,000
65$807,138$768,501$757,202$855,537
66$851,392$768,083$744,493$888,134
67$898,959$766,445$730,159$919,380
68$950,142$763,489$714,108$952,739
69$1,005,268$759,113$696,243$988,422
70$1,064,702$753,205$676,464$1,026,661
71$1,128,840$745,651$654,664$1,067,714
72$1,198,119$736,325$630,733$1,111,863
73$1,273,021$725,098$604,555$1,159,423
74$1,354,072$711,831$576,011$1,210,742
75$1,441,853$696,377$544,973$1,266,203
76$1,537,002$678,579$511,310$1,326,231
77$1,640,221$658,275$474,884$1,391,294
78$1,752,282$635,288$435,550$1,461,912
79$1,874,032$609,435$393,159$1,538,656
80$2,006,407$580,520$347,553$1,622,159
81$2,150,431$548,337$298,567$1,713,121
82$2,307,237$512,667$246,030$1,812,314
83$2,478,067$473,279$189,764$1,920,592
84$2,664,289$429,929$129,581$2,038,896
85$2,867,410$382,360$65,285$2,168,267
86$3,089,087$330,297$0$2,309,854
87$3,331,146$273,453$0$2,465,851
88$3,595,593$211,523$0$2,656,123
89$3,884,642$144,185$0$2,864,148
90$4,200,726$71,101$0$3,091,698
91$4,546,526$0$0$3,340,726
92$4,924,993$0$0$3,614,005
93$5,339,377$0$0$3,919,259
94$5,793,258$0$0$4,253,652
95$6,290,577$0$0$4,620,095
96$6,835,673$0$0$5,021,790
97$7,433,329$0$0$5,462,267
98$8,088,808$0$0$5,945,413
99$8,807,911$0$0$6,475,509
100$9,597,025$0$0$7,057,270