Can I retire at age 75 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$109,830$108,852$107,897$106,966$106,056$103,830
2 years$54,371$53,359$52,377$51,426$50,503$48,270
3 years$35,888$34,871$33,892$32,949$32,041$29,872
4 years$26,647$25,634$24,664$23,738$22,852$20,763
5 years$21,105$20,097$19,141$18,233$17,372$15,369
6 years$17,411$16,411$15,468$14,581$13,746$11,831
7 years$14,773$13,782$12,854$11,988$11,179$9,353
8 years$12,796$11,813$10,902$10,056$9,274$7,536
9 years$11,259$10,286$9,389$8,566$7,810$6,159
10 years$10,030$9,066$8,186$7,384$6,655$5,089
11 years$9,026$8,071$7,207$6,426$5,723$4,241
12 years$8,189$7,244$6,396$5,637$4,960$3,558
13 years$7,481$6,547$5,714$4,976$4,325$3,002
14 years$6,876$5,951$5,134$4,417$3,791$2,544
15 years$6,351$5,436$4,636$3,939$3,338$2,164
16 years$5,892$4,988$4,203$3,527$2,950$1,847
17 years$5,488$4,593$3,824$3,169$2,616$1,580
18 years$5,129$4,244$3,491$2,856$2,326$1,355
19 years$4,809$3,934$3,196$2,581$2,073$1,164
20 years$4,520$3,655$2,933$2,337$1,852$1,002
21 years$4,260$3,405$2,698$2,121$1,657$863
22 years$4,023$3,178$2,487$1,929$1,485$744
23 years$3,808$2,973$2,296$1,757$1,333$643
24 years$3,610$2,785$2,123$1,602$1,198$555
25 years$3,429$2,614$1,967$1,463$1,078$480
26 years$3,262$2,457$1,824$1,338$971$416
27 years$3,107$2,312$1,694$1,225$876$360
28 years$2,964$2,178$1,574$1,122$790$312
29 years$2,831$2,055$1,465$1,029$714$270
30 years$2,707$1,941$1,365$944$645$234
31 years$2,592$1,835$1,272$867$583$203
32 years$2,483$1,736$1,187$797$527$176
33 years$2,382$1,644$1,108$733$477$153
34 years$2,287$1,558$1,036$674$432$133
35 years$2,197$1,478$968$621$391$115
36 years$2,112$1,403$906$572$355$100
37 years$2,033$1,332$848$527$321$87
38 years$1,957$1,266$794$486$291$75
39 years$1,886$1,204$744$448$264$65
40 years$1,818$1,146$697$413$240$57
41 years$1,754$1,090$654$381$217$49
42 years$1,693$1,038$613$352$197$43
43 years$1,635$989$575$325$179$37
44 years$1,580$943$540$300$163$32
45 years$1,528$899$507$277$148$28
46 years$1,478$858$476$256$134$24
47 years$1,430$819$448$236$122$21
48 years$1,384$782$421$218$110$18
49 years$1,340$746$395$202$100$16
50 years$1,299$713$372$186$91$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,330,000, adding $4,609 every year, while hoping to spend $51,019 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: 35/42/23 Blend
74$1,330,000$1,330,000$1,330,000$1,330,000
75$1,470,414$1,399,924$1,379,309$1,511,482
76$1,566,113$1,414,237$1,371,232$1,556,556
77$1,669,862$1,427,540$1,361,175$1,600,152
78$1,782,431$1,439,732$1,349,017$1,646,164
79$1,904,662$1,450,702$1,334,632$1,694,839
80$2,037,484$1,460,333$1,317,888$1,746,452
81$2,181,918$1,468,500$1,298,648$1,801,308
82$2,339,087$1,475,070$1,276,767$1,859,750
83$2,510,228$1,479,903$1,252,092$1,922,155
84$2,696,701$1,482,848$1,224,467$1,988,944
85$2,900,003$1,483,746$1,193,725$2,060,586
86$3,121,781$1,482,427$1,159,693$2,137,599
87$3,363,848$1,478,712$1,122,188$2,220,562
88$3,628,201$1,472,410$1,081,022$2,310,115
89$3,917,038$1,463,317$1,035,996$2,406,970
90$4,232,777$1,451,221$986,903$2,511,915
91$4,578,081$1,435,892$933,526$2,625,826
92$4,955,884$1,417,089$875,637$2,749,674
93$5,369,414$1,394,556$813,001$2,884,535
94$5,822,226$1,368,022$745,369$3,031,604
95$6,318,238$1,337,199$672,483$3,192,202
96$6,861,760$1,301,784$594,073$3,367,794
97$7,457,542$1,261,454$509,857$3,560,003
98$8,110,814$1,215,868$419,540$3,770,627
99$8,827,337$1,164,665$322,814$4,001,655
100$9,613,455$1,107,464$219,358$4,255,290