Can I retire at age 75 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$136,255$135,042$133,858$132,702$131,573$130,964
2 years$67,453$66,197$64,979$63,799$62,654$62,039
3 years$44,522$43,260$42,046$40,877$39,750$39,148
4 years$33,059$31,801$30,599$29,449$28,350$27,766
5 years$26,183$24,932$23,746$22,620$21,551$20,987
6 years$21,600$20,359$19,190$18,089$17,053$16,509
7 years$18,328$17,098$15,947$14,872$13,869$13,345
8 years$15,875$14,656$13,524$12,476$11,505$11,003
9 years$13,968$12,761$11,649$10,627$9,689$9,207
10 years$12,444$11,248$10,156$9,160$8,256$7,794
11 years$11,197$10,013$8,941$7,972$7,100$6,659
12 years$10,159$8,987$7,935$6,993$6,153$5,731
13 years$9,281$8,122$7,089$6,174$5,365$4,963
14 years$8,530$7,383$6,370$5,480$4,703$4,320
15 years$7,879$6,744$5,751$4,887$4,141$3,776
16 years$7,310$6,188$5,214$4,376$3,660$3,313
17 years$6,809$5,699$4,745$3,932$3,245$2,916
18 years$6,363$5,266$4,331$3,543$2,885$2,573
19 years$5,966$4,880$3,965$3,202$2,572$2,275
20 years$5,608$4,535$3,639$2,900$2,297$2,017
21 years$5,285$4,224$3,347$2,632$2,056$1,790
22 years$4,991$3,943$3,085$2,393$1,843$1,592
23 years$4,724$3,688$2,848$2,179$1,654$1,417
24 years$4,479$3,455$2,634$1,988$1,487$1,263
25 years$4,254$3,243$2,440$1,815$1,338$1,127
26 years$4,047$3,048$2,263$1,660$1,205$1,007
27 years$3,855$2,868$2,101$1,519$1,086$900
28 years$3,677$2,703$1,953$1,392$980$805
29 years$3,512$2,550$1,818$1,276$885$721
30 years$3,359$2,408$1,693$1,171$800$646
31 years$3,215$2,276$1,578$1,076$723$578
32 years$3,081$2,154$1,473$989$654$519
33 years$2,955$2,040$1,375$909$592$465
34 years$2,837$1,933$1,285$837$536$417
35 years$2,725$1,834$1,201$770$485$375
36 years$2,621$1,740$1,124$709$440$336
37 years$2,522$1,653$1,052$653$399$302
38 years$2,428$1,571$985$602$361$271
39 years$2,340$1,494$923$555$328$244
40 years$2,256$1,421$865$512$297$219
41 years$2,176$1,353$811$473$270$197
42 years$2,101$1,288$761$436$245$177
43 years$2,029$1,228$714$403$222$159
44 years$1,960$1,170$670$372$202$143
45 years$1,895$1,116$629$343$183$129
46 years$1,833$1,064$591$317$166$116
47 years$1,774$1,016$555$293$151$104
48 years$1,717$970$522$271$137$94
49 years$1,663$926$490$250$124$84
50 years$1,611$885$461$231$113$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,650,000, adding $2,521 every year, while hoping to spend $55,914 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: 71/20/9 Blend
74$1,650,000$1,650,000$1,650,000$1,650,000
75$1,820,900$1,733,450$1,707,875$1,947,023
76$1,947,140$1,758,897$1,705,597$2,056,215
77$2,084,382$1,783,717$1,701,369$2,168,570
78$2,233,690$1,807,820$1,695,065$2,290,027
79$2,396,234$1,831,111$1,686,557$2,421,469
80$2,573,300$1,853,485$1,675,707$2,563,869
81$2,766,305$1,874,835$1,662,372$2,718,300
82$2,976,809$1,895,042$1,646,402$2,885,942
83$3,206,526$1,913,982$1,627,639$3,068,099
84$3,457,347$1,931,522$1,605,920$3,266,204
85$3,731,349$1,947,520$1,581,071$3,481,839
86$4,030,822$1,961,824$1,552,913$3,716,745
87$4,358,286$1,974,273$1,521,256$3,972,845
88$4,716,516$1,984,697$1,485,902$4,252,254
89$5,108,566$1,992,913$1,446,645$4,557,306
90$5,537,800$1,998,726$1,403,268$4,890,571
91$6,007,924$2,001,931$1,355,546$5,254,886
92$6,523,016$2,002,310$1,303,240$5,653,372
93$7,087,569$1,999,629$1,246,104$6,089,476
94$7,706,532$1,993,641$1,183,880$6,566,991
95$8,385,354$1,984,085$1,116,295$7,090,103
96$9,130,037$1,970,683$1,043,069$7,663,423
97$9,947,194$1,953,139$963,904$8,292,036
98$10,844,106$1,931,141$878,494$8,981,544
99$11,828,796$1,904,358$786,514$9,738,127
100$12,910,099$1,872,438$687,629$10,568,592