Can I retire at age 65 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%19.5%
1 years$61,026$60,482$59,952$59,434$58,929$56,680
2 years$30,211$29,648$29,103$28,574$28,061$25,822
3 years$19,941$19,375$18,832$18,308$17,803$15,644
4 years$14,806$14,243$13,705$13,190$12,697$10,635
5 years$11,727$11,167$10,635$10,131$9,652$7,692
6 years$9,674$9,118$8,595$8,102$7,638$5,780
7 years$8,209$7,658$7,142$6,661$6,211$4,457
8 years$7,110$6,564$6,057$5,588$5,153$3,499
9 years$6,256$5,715$5,217$4,759$4,340$2,784
10 years$5,573$5,038$4,548$4,103$3,698$2,238
11 years$5,015$4,485$4,004$3,571$3,180$1,813
12 years$4,550$4,025$3,554$3,132$2,756$1,478
13 years$4,157$3,638$3,175$2,765$2,403$1,210
14 years$3,820$3,307$2,853$2,454$2,106$995
15 years$3,529$3,021$2,576$2,189$1,855$820
16 years$3,274$2,771$2,335$1,960$1,639$678
17 years$3,049$2,552$2,125$1,761$1,453$562
18 years$2,850$2,358$1,940$1,587$1,292$466
19 years$2,672$2,186$1,776$1,434$1,152$388
20 years$2,512$2,031$1,630$1,299$1,029$323
21 years$2,367$1,892$1,499$1,179$921$269
22 years$2,235$1,766$1,382$1,072$825$224
23 years$2,116$1,652$1,276$976$741$187
24 years$2,006$1,548$1,180$890$666$156
25 years$1,905$1,452$1,093$813$599$130
26 years$1,812$1,365$1,013$743$540$109
27 years$1,727$1,285$941$680$487$91
28 years$1,647$1,210$875$623$439$76
29 years$1,573$1,142$814$572$396$63
30 years$1,504$1,078$758$525$358$53
31 years$1,440$1,019$707$482$324$44
32 years$1,380$965$660$443$293$37
33 years$1,323$913$616$407$265$31
34 years$1,270$866$575$375$240$26
35 years$1,221$821$538$345$217$22
36 years$1,174$779$503$318$197$18
37 years$1,129$740$471$293$179$15
38 years$1,088$704$441$270$162$13
39 years$1,048$669$413$249$147$11
40 years$1,010$636$387$229$133$9
41 years$975$606$363$212$121$7
42 years$941$577$341$195$110$6
43 years$909$550$320$180$99$5
44 years$878$524$300$167$90$4
45 years$849$500$282$154$82$4
46 years$821$477$265$142$74$3
47 years$794$455$249$131$68$3
48 years$769$434$234$121$61$2
49 years$745$415$220$112$56$2
50 years$722$396$206$104$51$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $739,000, adding $5,272 every year, while hoping to spend $59,879 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: 75/7/18 Blend
64$739,000$739,000$739,000$739,000
65$819,816$780,649$769,195$877,527
66$839,727$755,190$731,252$890,999
67$859,661$726,477$690,031$897,871
68$879,559$694,286$645,359$903,820
69$899,350$658,383$597,056$908,739
70$918,958$618,518$544,931$912,511
71$938,295$574,428$488,789$915,005
72$957,260$525,834$428,422$916,083
73$975,741$472,441$363,616$915,590
74$993,615$413,939$294,145$913,357
75$1,010,740$349,998$219,775$909,201
76$1,026,958$280,271$140,260$902,922
77$1,042,094$204,390$55,345$894,298
78$1,055,951$121,969$0$883,090
79$1,068,310$32,597$0$875,810
80$1,078,926$0$0$877,179
81$1,087,526$0$0$881,239
82$1,093,808$0$0$885,877
83$1,097,435$0$0$888,302
84$1,098,031$0$0$888,205
85$1,095,181$0$0$885,241
86$1,088,423$0$0$879,027
87$1,077,243$0$0$869,140
88$1,061,074$0$0$855,108
89$1,039,285$0$0$836,410
90$1,011,177$0$0$812,469
91$975,979$0$0$782,645
92$932,832$0$0$746,228
93$880,790$0$0$702,435
94$818,802$0$0$650,398
95$745,710$0$0$589,157
96$660,229$0$0$517,651
97$560,940$0$0$434,706
98$446,274$0$0$339,024
99$314,499$0$0$229,172
100$163,697$0$0$103,566