Can I retire at age 75 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$146,165$144,863$143,593$142,353$141,142$139,785
2 years$72,359$71,011$69,705$68,439$67,211$65,843
3 years$47,760$46,407$45,104$43,849$42,641$41,306
4 years$35,463$34,114$32,824$31,591$30,412$29,120
5 years$28,087$26,746$25,473$24,265$23,119$21,873
6 years$23,171$21,840$20,586$19,405$18,293$17,095
7 years$19,661$18,341$17,107$15,954$14,877$13,728
8 years$17,030$15,722$14,508$13,383$12,342$11,241
9 years$14,984$13,689$12,496$11,400$10,394$9,341
10 years$13,349$12,066$10,894$9,827$8,856$7,851
11 years$12,012$10,741$9,591$8,552$7,616$6,658
12 years$10,898$9,641$8,512$7,501$6,600$5,687
13 years$9,957$8,713$7,605$6,623$5,756$4,887
14 years$9,150$7,920$6,833$5,879$5,045$4,221
15 years$8,452$7,235$6,169$5,243$4,442$3,660
16 years$7,842$6,638$5,593$4,694$3,926$3,185
17 years$7,304$6,113$5,090$4,218$3,481$2,780
18 years$6,826$5,649$4,646$3,801$3,095$2,432
19 years$6,399$5,235$4,253$3,435$2,759$2,133
20 years$6,016$4,865$3,904$3,111$2,464$1,874
21 years$5,669$4,531$3,590$2,823$2,205$1,649
22 years$5,354$4,230$3,309$2,567$1,977$1,453
23 years$5,067$3,956$3,055$2,338$1,774$1,282
24 years$4,805$3,707$2,826$2,132$1,595$1,132
25 years$4,563$3,478$2,617$1,947$1,435$1,001
26 years$4,341$3,269$2,427$1,780$1,293$886
27 years$4,135$3,077$2,254$1,630$1,166$784
28 years$3,945$2,899$2,095$1,493$1,052$695
29 years$3,768$2,735$1,950$1,369$950$616
30 years$3,603$2,583$1,816$1,257$858$546
31 years$3,449$2,442$1,693$1,154$776$485
32 years$3,305$2,310$1,580$1,061$702$430
33 years$3,170$2,188$1,475$975$635$382
34 years$3,043$2,074$1,378$897$575$340
35 years$2,924$1,967$1,289$826$521$302
36 years$2,811$1,867$1,205$761$472$268
37 years$2,705$1,773$1,128$701$428$238
38 years$2,605$1,685$1,057$646$388$212
39 years$2,510$1,602$990$596$352$188
40 years$2,420$1,524$928$550$319$168
41 years$2,335$1,451$870$507$289$149
42 years$2,253$1,382$816$468$263$133
43 years$2,176$1,317$766$432$238$118
44 years$2,103$1,255$719$399$216$105
45 years$2,033$1,197$675$368$196$93
46 years$1,966$1,142$634$340$178$83
47 years$1,903$1,090$596$314$162$74
48 years$1,842$1,040$560$290$147$66
49 years$1,784$993$526$268$134$59
50 years$1,728$949$495$248$121$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,770,000, adding $5,623 every year, while hoping to spend $43,817 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: 45/25/30 Blend
74$1,770,000$1,770,000$1,770,000$1,770,000
75$1,956,340$1,862,530$1,835,095$2,027,173
76$2,109,266$1,907,173$1,849,950$2,122,898
77$2,276,321$1,952,535$1,863,834$2,222,041
78$2,458,902$1,998,605$1,876,668$2,328,747
79$2,658,543$2,045,370$1,888,369$2,443,748
80$2,876,936$2,092,814$1,898,851$2,567,851
81$3,115,942$2,140,921$1,908,021$2,701,947
82$3,377,612$2,189,670$1,915,784$2,847,018
83$3,664,204$2,239,039$1,922,038$3,004,145
84$3,978,203$2,289,002$1,926,677$3,174,523
85$4,322,348$2,339,532$1,929,589$3,359,467
86$4,699,654$2,390,596$1,930,657$3,560,428
87$5,113,443$2,442,159$1,929,758$3,779,007
88$5,567,373$2,494,184$1,926,764$4,016,966
89$6,065,473$2,546,627$1,921,538$4,276,252
90$6,612,182$2,599,442$1,913,940$4,559,010
91$7,212,387$2,652,577$1,903,820$4,867,604
92$7,871,476$2,705,978$1,891,023$5,204,642
93$8,595,379$2,759,584$1,875,384$5,572,999
94$9,390,632$2,813,328$1,856,734$5,975,847
95$10,264,434$2,867,139$1,834,893$6,416,680
96$11,224,717$2,920,939$1,809,672$6,899,355
97$12,280,218$2,974,645$1,780,876$7,428,120
98$13,440,564$3,028,166$1,748,299$8,007,663
99$14,716,359$3,081,404$1,711,725$8,643,150
100$16,119,288$3,134,254$1,670,928$9,340,278