Can I retire at age 75 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$145,339$144,045$142,781$141,549$140,345$136,234
2 years$71,950$70,610$69,311$68,052$66,831$62,723
3 years$47,490$46,144$44,849$43,602$42,400$38,424
4 years$35,263$33,921$32,639$31,413$30,240$26,425
5 years$27,928$26,595$25,329$24,128$22,988$19,346
6 years$23,040$21,716$20,470$19,295$18,190$14,723
7 years$19,550$18,237$17,010$15,864$14,793$11,501
8 years$16,933$15,633$14,426$13,308$12,272$9,154
9 years$14,900$13,611$12,425$11,335$10,335$7,387
10 years$13,273$11,998$10,833$9,771$8,806$6,024
11 years$11,944$10,681$9,537$8,504$7,573$4,953
12 years$10,836$9,586$8,464$7,459$6,563$4,099
13 years$9,900$8,663$7,562$6,585$5,723$3,410
14 years$9,099$7,875$6,794$5,846$5,017$2,849
15 years$8,404$7,194$6,134$5,213$4,417$2,388
16 years$7,797$6,600$5,562$4,668$3,904$2,008
17 years$7,263$6,078$5,061$4,194$3,461$1,692
18 years$6,788$5,617$4,620$3,780$3,078$1,428
19 years$6,363$5,206$4,229$3,415$2,743$1,208
20 years$5,982$4,837$3,881$3,093$2,450$1,023
21 years$5,637$4,506$3,570$2,807$2,193$867
22 years$5,324$4,206$3,290$2,552$1,966$736
23 years$5,039$3,934$3,038$2,325$1,764$625
24 years$4,777$3,686$2,810$2,120$1,586$531
25 years$4,538$3,459$2,602$1,936$1,427$452
26 years$4,316$3,251$2,414$1,770$1,285$384
27 years$4,112$3,059$2,241$1,620$1,159$327
28 years$3,923$2,883$2,084$1,485$1,046$279
29 years$3,747$2,720$1,939$1,361$944$237
30 years$3,583$2,568$1,806$1,250$853$202
31 years$3,429$2,428$1,684$1,148$771$172
32 years$3,286$2,297$1,571$1,055$698$147
33 years$3,152$2,176$1,467$970$631$125
34 years$3,026$2,062$1,370$892$572$107
35 years$2,907$1,956$1,281$821$518$91
36 years$2,795$1,856$1,199$757$469$78
37 years$2,690$1,763$1,122$697$425$66
38 years$2,590$1,676$1,051$642$386$56
39 years$2,496$1,593$984$592$350$48
40 years$2,406$1,516$923$546$317$41
41 years$2,321$1,443$865$504$288$35
42 years$2,241$1,374$811$465$261$30
43 years$2,164$1,309$761$429$237$25
44 years$2,091$1,248$715$397$215$22
45 years$2,022$1,190$671$366$195$19
46 years$1,955$1,135$630$338$177$16
47 years$1,892$1,083$592$313$161$14
48 years$1,832$1,034$557$289$146$12
49 years$1,774$988$523$267$133$10
50 years$1,718$944$492$247$121$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,760,000, adding $3,752 every year, while hoping to spend $59,979 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: 38/47/15 Blend
74$1,760,000$1,760,000$1,760,000$1,760,000
75$1,943,390$1,850,110$1,822,830$2,008,300
76$2,077,799$1,876,948$1,820,078$2,081,912
77$2,223,907$1,903,091$1,815,223$2,155,368
78$2,382,844$1,928,442$1,808,132$2,233,462
79$2,555,855$1,952,896$1,798,664$2,316,644
80$2,744,306$1,976,341$1,786,674$2,405,407
81$2,949,703$1,998,660$1,772,005$2,500,301
82$3,173,703$2,019,725$1,754,498$2,601,932
83$3,418,130$2,039,401$1,733,983$2,710,971
84$3,684,991$2,057,543$1,710,283$2,828,159
85$3,976,496$2,073,998$1,683,213$2,954,318
86$4,295,076$2,088,602$1,652,578$3,090,355
87$4,643,410$2,101,180$1,618,176$3,237,275
88$5,024,447$2,111,547$1,579,794$3,396,188
89$5,441,433$2,119,505$1,537,210$3,568,322
90$5,897,944$2,124,845$1,490,190$3,755,034
91$6,397,914$2,127,343$1,438,493$3,957,827
92$6,945,681$2,126,763$1,381,862$4,178,358
93$7,546,019$2,122,852$1,320,032$4,418,463
94$8,204,185$2,115,344$1,252,725$4,680,168
95$8,925,970$2,103,954$1,179,650$4,965,714
96$9,717,754$2,088,383$1,100,504$5,277,577
97$10,586,563$2,068,311$1,014,968$5,618,492
98$11,540,133$2,043,400$922,710$5,991,483
99$12,586,991$2,013,291$823,386$6,399,888
100$13,736,526$1,977,604$716,631$6,847,397