Can I retire at age 74 with 852,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $852,000?

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$70,357$69,731$69,119$68,522$67,940$67,035
2 years$34,830$34,182$33,553$32,943$32,352$31,442
3 years$22,990$22,338$21,711$21,107$20,526$19,639
4 years$17,070$16,421$15,800$15,207$14,639$13,782
5 years$13,520$12,874$12,262$11,680$11,128$10,304
6 years$11,153$10,513$9,909$9,341$8,805$8,014
7 years$9,464$8,829$8,235$7,679$7,161$6,403
8 years$8,197$7,568$6,984$6,442$5,941$5,216
9 years$7,213$6,589$6,015$5,487$5,003$4,312
10 years$6,425$5,808$5,244$4,730$4,263$3,604
11 years$5,782$5,170$4,617$4,117$3,666$3,040
12 years$5,246$4,641$4,097$3,611$3,177$2,582
13 years$4,793$4,194$3,661$3,188$2,770$2,206
14 years$4,405$3,812$3,289$2,830$2,429$1,893
15 years$4,068$3,482$2,970$2,524$2,138$1,632
16 years$3,775$3,195$2,692$2,260$1,890$1,411
17 years$3,516$2,943$2,450$2,030$1,676$1,224
18 years$3,286$2,719$2,236$1,830$1,490$1,064
19 years$3,080$2,520$2,047$1,653$1,328$927
20 years$2,896$2,342$1,879$1,497$1,186$809
21 years$2,729$2,181$1,728$1,359$1,062$707
22 years$2,577$2,036$1,593$1,236$951$619
23 years$2,439$1,904$1,471$1,125$854$542
24 years$2,313$1,784$1,360$1,026$768$476
25 years$2,197$1,674$1,260$937$691$418
26 years$2,090$1,574$1,168$857$622$367
27 years$1,991$1,481$1,085$784$561$323
28 years$1,899$1,396$1,009$719$506$284
29 years$1,814$1,317$939$659$457$250
30 years$1,734$1,243$874$605$413$220
31 years$1,660$1,175$815$556$373$194
32 years$1,591$1,112$760$511$338$171
33 years$1,526$1,053$710$469$306$150
34 years$1,465$998$663$432$277$133
35 years$1,407$947$620$398$251$117
36 years$1,353$899$580$366$227$103
37 years$1,302$853$543$337$206$91
38 years$1,254$811$509$311$187$80
39 years$1,208$771$476$287$169$71
40 years$1,165$734$447$265$154$63
41 years$1,124$699$419$244$139$55
42 years$1,085$665$393$225$126$49
43 years$1,048$634$369$208$115$43
44 years$1,012$604$346$192$104$38
45 years$979$576$325$177$95$34
46 years$947$550$305$164$86$30
47 years$916$525$287$151$78$26
48 years$887$501$269$140$71$23
49 years$859$478$253$129$64$20
50 years$832$457$238$119$58$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $852,000, adding $5,577 every year, while hoping to spend $26,480 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: 73/6/21 Blend
73$852,000$852,000$852,000$852,000
74$944,657$899,501$886,295$1,008,424
75$1,012,837$915,402$887,811$1,067,467
76$1,087,085$931,194$888,491$1,128,413
77$1,167,990$946,845$888,278$1,194,514
78$1,256,203$962,319$887,113$1,266,279
79$1,352,440$977,577$884,936$1,344,268
80$1,457,488$992,578$881,681$1,429,097
81$1,572,215$1,007,277$877,280$1,521,448
82$1,697,575$1,021,628$871,663$1,622,070
83$1,834,619$1,035,579$864,755$1,731,788
84$1,984,504$1,049,076$856,478$1,851,514
85$2,148,505$1,062,062$846,751$1,982,251
86$2,328,023$1,074,473$835,488$2,125,105
87$2,524,603$1,086,245$822,599$2,281,295
88$2,739,947$1,097,305$807,991$2,452,165
89$2,975,928$1,107,580$791,565$2,639,196
90$3,234,609$1,116,988$773,218$2,844,020
91$3,518,262$1,125,443$752,844$3,068,438
92$3,829,391$1,132,855$730,330$3,314,431
93$4,170,750$1,139,127$705,558$3,584,186
94$4,545,377$1,144,155$678,405$3,880,113
95$4,956,617$1,147,829$648,742$4,204,867
96$5,408,152$1,150,033$616,436$4,561,376
97$5,904,042$1,150,644$581,345$4,952,866
98$6,448,757$1,149,528$543,322$5,382,893
99$7,047,222$1,146,546$502,215$5,855,377
100$7,704,861$1,141,550$457,862$6,374,639