Can I retire at age 65 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$61,934$61,383$60,844$60,319$59,806$59,010
2 years$30,661$30,090$29,536$29,000$28,479$27,678
3 years$20,237$19,664$19,112$18,580$18,068$17,288
4 years$15,027$14,455$13,909$13,386$12,886$12,132
5 years$11,901$11,333$10,794$10,282$9,796$9,070
6 years$9,818$9,254$8,723$8,222$7,751$7,055
7 years$8,331$7,772$7,249$6,760$6,304$5,637
8 years$7,216$6,662$6,147$5,671$5,230$4,592
9 years$6,349$5,800$5,295$4,830$4,404$3,796
10 years$5,656$5,113$4,616$4,164$3,753$3,173
11 years$5,090$4,551$4,064$3,624$3,227$2,676
12 years$4,618$4,085$3,607$3,179$2,797$2,273
13 years$4,219$3,692$3,222$2,806$2,439$1,942
14 years$3,877$3,356$2,895$2,491$2,138$1,667
15 years$3,581$3,066$2,614$2,222$1,882$1,437
16 years$3,323$2,813$2,370$1,989$1,664$1,242
17 years$3,095$2,590$2,157$1,787$1,475$1,077
18 years$2,892$2,394$1,969$1,611$1,312$937
19 years$2,712$2,218$1,802$1,455$1,169$816
20 years$2,549$2,061$1,654$1,318$1,044$712
21 years$2,402$1,920$1,521$1,196$934$622
22 years$2,269$1,792$1,402$1,088$838$545
23 years$2,147$1,676$1,295$991$752$477
24 years$2,036$1,571$1,197$903$676$419
25 years$1,934$1,474$1,109$825$608$368
26 years$1,839$1,385$1,029$754$548$323
27 years$1,752$1,304$955$691$494$284
28 years$1,672$1,228$888$633$446$250
29 years$1,597$1,159$826$580$402$220
30 years$1,527$1,094$770$532$364$194
31 years$1,461$1,035$717$489$329$170
32 years$1,400$979$669$449$297$150
33 years$1,343$927$625$413$269$132
34 years$1,289$879$584$380$244$117
35 years$1,239$833$546$350$221$103
36 years$1,191$791$511$322$200$91
37 years$1,146$751$478$297$181$80
38 years$1,104$714$448$274$164$71
39 years$1,063$679$419$252$149$62
40 years$1,025$646$393$233$135$55
41 years$989$615$369$215$123$49
42 years$955$586$346$198$111$43
43 years$922$558$324$183$101$38
44 years$891$532$305$169$92$33
45 years$861$507$286$156$83$30
46 years$833$484$269$144$76$26
47 years$806$462$252$133$69$23
48 years$780$441$237$123$62$20
49 years$756$421$223$114$57$18
50 years$732$402$210$105$51$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $750,000, adding $6,939 every year, while hoping to spend $25,684 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: 69/18/13 Blend
64$750,000$750,000$750,000$750,000
65$833,658$793,908$782,283$888,308
66$891,363$805,481$781,161$937,102
67$954,094$816,762$779,142$986,732
68$1,022,335$827,707$776,167$1,040,362
69$1,096,621$838,272$772,176$1,098,383
70$1,177,539$848,410$767,107$1,161,224
71$1,265,737$858,071$760,894$1,229,358
72$1,361,925$867,200$753,467$1,303,308
73$1,466,888$875,739$744,755$1,383,648
74$1,581,487$883,627$734,681$1,471,012
75$1,706,673$890,798$723,166$1,566,100
76$1,843,489$897,183$710,128$1,669,681
77$1,993,087$902,707$695,479$1,782,605
78$2,156,733$907,291$679,129$1,905,808
79$2,335,821$910,850$660,981$2,040,322
80$2,531,889$913,295$640,938$2,187,284
81$2,746,627$914,532$618,894$2,347,949
82$2,981,897$914,458$594,742$2,523,699
83$3,239,750$912,967$568,366$2,716,059
84$3,522,447$909,944$539,648$2,926,709
85$3,832,474$905,269$508,464$3,157,500
86$4,172,572$898,813$474,683$3,410,476
87$4,545,759$890,440$438,170$3,687,887
88$4,955,361$880,005$398,783$3,992,216
89$5,405,039$867,356$356,373$4,326,198
90$5,898,827$852,331$310,785$4,692,849
91$6,441,169$834,757$261,859$5,095,495
92$7,036,961$814,454$209,424$5,537,801
93$7,691,596$791,227$153,305$6,023,808
94$8,411,015$764,873$93,317$6,557,970
95$9,201,764$735,177$29,268$7,145,198
96$10,071,052$701,909$0$7,790,905
97$11,026,826$664,829$0$8,506,480
98$12,077,837$623,680$0$9,297,764
99$13,233,729$578,193$0$10,167,974
100$14,505,126$528,081$0$11,125,135