Can I retire at age 75 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$140,384$139,134$137,914$136,723$135,560$133,590
2 years$69,497$68,203$66,949$65,732$64,553$62,571
3 years$45,871$44,571$43,320$42,115$40,955$39,025
4 years$34,061$32,765$31,526$30,342$29,209$27,345
5 years$26,976$25,688$24,465$23,305$22,204$20,411
6 years$22,255$20,976$19,772$18,637$17,570$15,850
7 years$18,883$17,616$16,430$15,323$14,289$12,643
8 years$16,356$15,100$13,934$12,854$11,854$10,282
9 years$14,392$13,147$12,002$10,949$9,983$8,484
10 years$12,821$11,589$10,463$9,438$8,506$7,079
11 years$11,537$10,317$9,212$8,214$7,315$5,958
12 years$10,467$9,260$8,175$7,205$6,339$5,051
13 years$9,563$8,368$7,304$6,361$5,528$4,307
14 years$8,788$7,606$6,563$5,646$4,846$3,690
15 years$8,118$6,949$5,925$5,035$4,267$3,174
16 years$7,532$6,375$5,372$4,509$3,771$2,739
17 years$7,015$5,871$4,888$4,051$3,343$2,370
18 years$6,556$5,425$4,462$3,651$2,973$2,056
19 years$6,146$5,028$4,085$3,299$2,650$1,787
20 years$5,778$4,672$3,749$2,988$2,367$1,556
21 years$5,445$4,352$3,448$2,712$2,118$1,357
22 years$5,142$4,063$3,178$2,465$1,899$1,185
23 years$4,867$3,800$2,935$2,245$1,704$1,036
24 years$4,615$3,560$2,714$2,048$1,532$907
25 years$4,383$3,341$2,514$1,870$1,378$794
26 years$4,169$3,140$2,331$1,710$1,242$696
27 years$3,972$2,955$2,165$1,565$1,119$610
28 years$3,789$2,784$2,013$1,434$1,010$536
29 years$3,619$2,627$1,873$1,315$912$470
30 years$3,460$2,481$1,744$1,207$824$413
31 years$3,313$2,345$1,626$1,108$745$363
32 years$3,174$2,219$1,517$1,019$674$319
33 years$3,044$2,101$1,417$937$610$281
34 years$2,923$1,992$1,324$862$552$247
35 years$2,808$1,889$1,238$793$500$217
36 years$2,700$1,793$1,158$731$453$191
37 years$2,598$1,703$1,084$673$411$168
38 years$2,502$1,618$1,015$621$372$148
39 years$2,411$1,539$951$572$338$130
40 years$2,324$1,464$891$528$306$115
41 years$2,242$1,394$836$487$278$101
42 years$2,164$1,327$784$449$252$89
43 years$2,090$1,265$736$415$229$78
44 years$2,020$1,206$690$383$208$69
45 years$1,953$1,150$648$354$189$61
46 years$1,889$1,097$609$327$171$53
47 years$1,828$1,047$572$302$155$47
48 years$1,769$999$538$279$141$41
49 years$1,713$954$505$258$128$36
50 years$1,660$911$475$238$116$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,700,000, adding $4,046 every year, while hoping to spend $35,106 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: 53/20/27 Blend
74$1,700,000$1,700,000$1,700,000$1,700,000
75$1,877,573$1,787,473$1,761,123$1,962,756
76$2,031,733$1,837,707$1,782,769$2,072,401
77$2,200,441$1,889,226$1,803,962$2,187,745
78$2,385,143$1,942,055$1,824,652$2,312,567
79$2,587,433$1,996,221$1,844,783$2,447,790
80$2,809,065$2,051,750$1,864,298$2,594,426
81$3,051,972$2,108,667$1,883,133$2,753,592
82$3,318,281$2,167,000$1,901,226$2,926,520
83$3,610,337$2,226,774$1,918,508$3,114,564
84$3,930,720$2,288,015$1,934,907$3,319,218
85$4,282,274$2,350,748$1,950,348$3,542,127
86$4,668,132$2,415,001$1,964,750$3,785,103
87$5,091,742$2,480,797$1,978,030$4,050,144
88$5,556,906$2,548,162$1,990,100$4,339,449
89$6,067,809$2,617,121$2,000,867$4,655,444
90$6,629,064$2,687,698$2,010,234$5,000,800
91$7,245,750$2,759,917$2,018,099$5,378,460
92$7,923,465$2,833,801$2,024,353$5,791,669
93$8,668,374$2,909,372$2,028,885$6,244,001
94$9,487,270$2,986,654$2,031,575$6,739,395
95$10,387,638$3,065,666$2,032,298$7,282,192
96$11,377,722$3,146,428$2,030,925$7,877,176
97$12,466,606$3,228,960$2,027,318$8,529,618
98$13,664,300$3,313,280$2,021,334$9,245,328
99$14,981,832$3,399,403$2,012,821$10,030,708
100$16,431,350$3,487,345$2,001,621$10,892,814