Can I retire at age 75 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$146,991$145,681$144,404$143,157$141,940$140,750
2 years$72,768$71,412$70,099$68,826$67,590$66,392
3 years$48,030$46,669$45,359$44,097$42,882$41,711
4 years$35,663$34,307$33,010$31,770$30,584$29,450
5 years$28,246$26,897$25,617$24,402$23,249$22,155
6 years$23,302$21,963$20,702$19,515$18,396$17,344
7 years$19,772$18,445$17,204$16,044$14,961$13,951
8 years$17,126$15,810$14,590$13,459$12,412$11,443
9 years$15,069$13,766$12,566$11,464$10,453$9,526
10 years$13,424$12,134$10,956$9,882$8,906$8,021
11 years$12,079$10,802$9,645$8,600$7,660$6,814
12 years$10,960$9,695$8,560$7,544$6,638$5,832
13 years$10,013$8,762$7,648$6,660$5,788$5,022
14 years$9,202$7,964$6,871$5,912$5,074$4,345
15 years$8,500$7,275$6,204$5,272$4,467$3,776
16 years$7,886$6,675$5,625$4,721$3,948$3,292
17 years$7,345$6,148$5,118$4,242$3,501$2,879
18 years$6,865$5,681$4,672$3,823$3,113$2,525
19 years$6,436$5,265$4,277$3,454$2,774$2,219
20 years$6,050$4,892$3,926$3,128$2,478$1,953
21 years$5,701$4,557$3,611$2,839$2,218$1,723
22 years$5,384$4,254$3,328$2,581$1,988$1,522
23 years$5,096$3,978$3,073$2,351$1,784$1,346
24 years$4,832$3,728$2,842$2,144$1,604$1,191
25 years$4,589$3,498$2,632$1,958$1,443$1,056
26 years$4,366$3,288$2,441$1,790$1,300$936
27 years$4,159$3,094$2,267$1,639$1,172$831
28 years$3,967$2,916$2,107$1,502$1,058$738
29 years$3,789$2,750$1,961$1,377$955$656
30 years$3,623$2,598$1,827$1,264$863$583
31 years$3,468$2,456$1,703$1,161$780$519
32 years$3,324$2,323$1,589$1,067$706$462
33 years$3,188$2,200$1,483$981$639$411
34 years$3,060$2,085$1,386$902$578$366
35 years$2,940$1,978$1,296$831$524$326
36 years$2,827$1,877$1,212$765$475$291
37 years$2,720$1,783$1,135$705$430$259
38 years$2,619$1,695$1,063$650$390$231
39 years$2,524$1,611$995$599$354$206
40 years$2,434$1,533$933$553$321$183
41 years$2,348$1,459$875$510$291$164
42 years$2,266$1,390$821$471$264$146
43 years$2,189$1,324$770$434$240$130
44 years$2,115$1,262$723$401$217$116
45 years$2,045$1,204$679$370$197$104
46 years$1,978$1,148$638$342$179$92
47 years$1,914$1,096$599$316$163$83
48 years$1,852$1,046$563$292$148$74
49 years$1,794$999$529$270$134$66
50 years$1,738$954$497$250$122$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,780,000, adding $2,779 every year, while hoping to spend $30,597 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: 25/49/26 Blend
74$1,780,000$1,780,000$1,780,000$1,780,000
75$1,964,427$1,870,087$1,842,497$1,997,373
76$2,132,243$1,929,166$1,871,665$2,083,874
77$2,316,151$1,990,114$1,900,786$2,173,754
78$2,517,761$2,052,992$1,929,824$2,269,481
79$2,738,843$2,117,859$1,958,743$2,371,566
80$2,981,350$2,184,779$1,987,506$2,480,569
81$3,247,432$2,253,818$2,016,072$2,597,104
82$3,539,457$2,325,042$2,044,397$2,721,848
83$3,860,033$2,398,520$2,072,436$2,855,542
84$4,212,034$2,474,325$2,100,140$2,999,001
85$4,598,624$2,552,530$2,127,458$3,153,122
86$5,023,292$2,633,212$2,154,335$3,318,890
87$5,489,876$2,716,448$2,180,715$3,497,388
88$6,002,610$2,802,321$2,206,535$3,689,808
89$6,566,156$2,890,914$2,231,733$3,897,460
90$7,185,648$2,982,312$2,256,241$4,121,785
91$7,866,745$3,076,607$2,279,986$4,364,368
92$8,615,681$3,173,889$2,302,893$4,626,954
93$9,439,324$3,274,253$2,324,884$4,911,463
94$10,345,242$3,377,798$2,345,874$5,220,008
95$11,341,771$3,484,624$2,365,775$5,554,914
96$12,438,097$3,594,837$2,384,494$5,918,739
97$13,644,341$3,708,542$2,401,934$6,314,303
98$14,971,656$3,825,853$2,417,990$6,744,706
99$16,432,328$3,946,883$2,432,556$7,213,364
100$18,039,896$4,071,750$2,445,517$7,724,036