Can I retire at age 65 with 757,000?

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 $757,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$62,512$61,956$61,412$60,882$60,364$58,833
2 years$30,947$30,370$29,812$29,270$28,745$27,212
3 years$20,426$19,847$19,290$18,754$18,237$16,751
4 years$15,167$14,590$14,038$13,511$13,007$11,579
5 years$12,012$11,439$10,894$10,378$9,888$8,521
6 years$9,910$9,341$8,804$8,299$7,824$6,520
7 years$8,409$7,844$7,316$6,823$6,363$5,123
8 years$7,283$6,724$6,205$5,724$5,278$4,101
9 years$6,408$5,854$5,344$4,875$4,445$3,330
10 years$5,709$5,160$4,659$4,203$3,788$2,732
11 years$5,137$4,594$4,102$3,658$3,257$2,261
12 years$4,661$4,123$3,640$3,208$2,823$1,884
13 years$4,258$3,726$3,252$2,832$2,462$1,578
14 years$3,913$3,387$2,922$2,514$2,158$1,327
15 years$3,615$3,094$2,638$2,242$1,900$1,120
16 years$3,354$2,839$2,392$2,008$1,679$949
17 years$3,124$2,614$2,177$1,804$1,489$805
18 years$2,919$2,416$1,987$1,626$1,324$685
19 years$2,737$2,239$1,819$1,469$1,180$583
20 years$2,573$2,081$1,669$1,330$1,054$498
21 years$2,425$1,938$1,536$1,207$943$425
22 years$2,290$1,809$1,415$1,098$845$364
23 years$2,167$1,692$1,307$1,000$759$311
24 years$2,055$1,585$1,209$912$682$267
25 years$1,952$1,488$1,119$833$614$229
26 years$1,857$1,398$1,038$761$553$196
27 years$1,769$1,316$964$697$498$168
28 years$1,687$1,240$896$639$450$145
29 years$1,611$1,170$834$586$406$124
30 years$1,541$1,105$777$537$367$107
31 years$1,475$1,044$724$494$332$92
32 years$1,413$988$676$454$300$79
33 years$1,356$936$631$417$272$68
34 years$1,301$887$589$384$246$58
35 years$1,250$841$551$353$223$50
36 years$1,202$798$516$325$202$43
37 years$1,157$758$483$300$183$37
38 years$1,114$721$452$276$166$32
39 years$1,073$685$423$255$150$27
40 years$1,035$652$397$235$136$24
41 years$998$621$372$217$124$20
42 years$964$591$349$200$112$17
43 years$931$563$328$185$102$15
44 years$899$537$307$171$92$13
45 years$870$512$289$158$84$11
46 years$841$488$271$146$76$10
47 years$814$466$255$134$69$8
48 years$788$445$239$124$63$7
49 years$763$425$225$115$57$6
50 years$739$406$212$106$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $757,000, adding $4,809 every year, while hoping to spend $29,237 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: 70/15/15 Blend
64$757,000$757,000$757,000$757,000
65$839,174$799,053$787,320$894,709
66$893,662$807,099$782,587$940,295
67$952,728$814,559$776,716$986,204
68$1,016,808$821,374$769,637$1,035,695
69$1,086,381$827,480$761,279$1,089,116
70$1,161,975$832,810$751,565$1,146,852
71$1,244,171$837,292$740,417$1,209,327
72$1,333,606$840,849$727,750$1,277,010
73$1,430,983$843,400$713,480$1,350,414
74$1,537,075$844,858$697,513$1,430,110
75$1,652,733$845,132$679,756$1,516,724
76$1,778,892$844,125$660,108$1,610,947
77$1,916,584$841,731$638,466$1,713,543
78$2,066,941$837,842$614,721$1,825,351
79$2,231,214$832,341$588,759$1,947,300
80$2,410,776$825,104$560,460$2,080,411
81$2,607,140$815,999$529,701$2,225,812
82$2,821,973$804,888$496,351$2,384,747
83$3,057,110$791,623$460,274$2,558,586
84$3,314,571$776,047$421,328$2,748,842
85$3,596,580$757,997$379,366$2,957,181
86$3,905,587$737,295$334,231$3,185,443
87$4,244,291$713,756$285,762$3,435,654
88$4,615,664$687,185$233,790$3,710,051
89$5,022,977$657,373$178,138$4,011,097
90$5,469,837$624,101$118,622$4,341,510
91$5,960,214$587,136$55,049$4,704,288
92$6,498,482$546,231$0$5,102,734
93$7,089,459$501,128$0$5,542,540
94$7,738,451$451,550$0$6,035,210
95$8,451,305$397,208$0$6,576,389
96$9,234,461$337,795$0$7,170,995
97$10,095,015$272,986$0$7,824,452
98$11,040,783$202,438$0$8,542,734
99$12,080,375$125,790$0$9,332,426
100$13,223,278$42,659$0$10,200,787