Can I retire at age 75 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$150,294$148,955$147,649$146,374$145,129$142,961
2 years$74,403$73,017$71,674$70,372$69,109$66,929
3 years$49,109$47,718$46,378$45,088$43,846$41,722
4 years$36,465$35,077$33,751$32,483$31,271$29,220
5 years$28,880$27,501$26,192$24,950$23,772$21,800
6 years$23,825$22,457$21,167$19,953$18,810$16,919
7 years$20,216$18,859$17,590$16,405$15,297$13,488
8 years$17,511$16,166$14,918$13,761$12,691$10,963
9 years$15,407$14,075$12,849$11,722$10,687$9,040
10 years$13,726$12,407$11,202$10,104$9,106$7,538
11 years$12,351$11,045$9,862$8,794$7,832$6,341
12 years$11,206$9,913$8,752$7,713$6,787$5,373
13 years$10,238$8,959$7,820$6,810$5,918$4,578
14 years$9,409$8,143$7,026$6,045$5,188$3,919
15 years$8,691$7,439$6,343$5,391$4,568$3,369
16 years$8,063$6,825$5,751$4,827$4,037$2,905
17 years$7,510$6,286$5,233$4,337$3,579$2,512
18 years$7,019$5,808$4,777$3,908$3,183$2,178
19 years$6,580$5,383$4,373$3,532$2,837$1,892
20 years$6,186$5,002$4,014$3,199$2,534$1,646
21 years$5,829$4,659$3,692$2,903$2,268$1,435
22 years$5,505$4,349$3,403$2,639$2,033$1,252
23 years$5,210$4,068$3,142$2,404$1,825$1,093
24 years$4,940$3,811$2,906$2,192$1,640$956
25 years$4,692$3,577$2,691$2,002$1,476$837
26 years$4,464$3,362$2,496$1,831$1,329$733
27 years$4,252$3,164$2,318$1,676$1,198$642
28 years$4,056$2,981$2,155$1,535$1,081$563
29 years$3,874$2,812$2,005$1,408$976$494
30 years$3,705$2,656$1,868$1,292$882$433
31 years$3,546$2,511$1,741$1,187$798$381
32 years$3,398$2,376$1,624$1,091$722$334
33 years$3,259$2,250$1,517$1,003$653$294
34 years$3,129$2,132$1,417$923$591$258
35 years$3,006$2,022$1,325$849$535$227
36 years$2,891$1,920$1,239$782$485$199
37 years$2,781$1,823$1,160$721$440$175
38 years$2,678$1,733$1,086$664$399$154
39 years$2,581$1,648$1,018$613$362$136
40 years$2,488$1,568$954$565$328$119
41 years$2,400$1,492$895$521$297$105
42 years$2,317$1,421$839$481$270$92
43 years$2,238$1,354$787$444$245$81
44 years$2,162$1,291$739$410$222$71
45 years$2,091$1,231$694$379$202$63
46 years$2,022$1,174$652$350$183$55
47 years$1,957$1,120$612$323$166$49
48 years$1,894$1,070$575$299$151$43
49 years$1,834$1,021$541$276$137$38
50 years$1,777$976$509$255$125$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,820,000, adding $6,358 every year, while hoping to spend $47,596 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: 64/27/9 Blend
74$1,820,000$1,820,000$1,820,000$1,820,000
75$2,012,198$1,915,738$1,887,528$2,136,792
76$2,166,801$1,958,968$1,900,119$2,263,908
77$2,335,577$2,002,720$1,911,536$2,396,527
78$2,519,924$2,046,971$1,921,690$2,540,154
79$2,721,376$2,091,693$1,930,487$2,695,858
80$2,941,626$2,136,855$1,937,827$2,864,812
81$3,182,536$2,182,425$1,943,608$3,048,313
82$3,446,155$2,228,364$1,947,720$3,247,784
83$3,734,742$2,274,633$1,950,048$3,464,797
84$4,050,783$2,321,188$1,950,472$3,701,081
85$4,397,016$2,367,979$1,948,865$3,958,542
86$4,776,456$2,414,954$1,945,096$4,239,279
87$5,192,423$2,462,055$1,939,026$4,545,605
88$5,648,575$2,509,221$1,930,508$4,880,070
89$6,148,940$2,556,383$1,919,391$5,245,480
90$6,697,955$2,603,469$1,905,513$5,644,929
91$7,300,507$2,650,400$1,888,709$6,081,827
92$7,961,979$2,697,090$1,868,801$6,559,929
93$8,688,301$2,743,448$1,845,606$7,083,376
94$9,486,006$2,789,374$1,818,931$7,656,728
95$10,362,288$2,834,763$1,788,575$8,285,011
96$11,325,076$2,879,501$1,754,327$8,973,766
97$12,383,101$2,923,464$1,715,964$9,729,095
98$13,545,986$2,966,522$1,673,257$10,557,727
99$14,824,329$3,008,534$1,625,964$11,467,074
100$16,229,807$3,049,349$1,573,830$12,465,306