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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.6%
1 years$150,294$148,955$147,649$146,374$145,129$144,154
2 years$74,403$73,017$71,674$70,372$69,109$68,126
3 years$49,109$47,718$46,378$45,088$43,846$42,884
4 years$36,465$35,077$33,751$32,483$31,271$30,339
5 years$28,880$27,501$26,192$24,950$23,772$22,872
6 years$23,825$22,457$21,167$19,953$18,810$17,944
7 years$20,216$18,859$17,590$16,405$15,297$14,465
8 years$17,511$16,166$14,918$13,761$12,691$11,892
9 years$15,407$14,075$12,849$11,722$10,687$9,923
10 years$13,726$12,407$11,202$10,104$9,106$8,375
11 years$12,351$11,045$9,862$8,794$7,832$7,133
12 years$11,206$9,913$8,752$7,713$6,787$6,120
13 years$10,238$8,959$7,820$6,810$5,918$5,283
14 years$9,409$8,143$7,026$6,045$5,188$4,583
15 years$8,691$7,439$6,343$5,391$4,568$3,993
16 years$8,063$6,825$5,751$4,827$4,037$3,492
17 years$7,510$6,286$5,233$4,337$3,579$3,062
18 years$7,019$5,808$4,777$3,908$3,183$2,693
19 years$6,580$5,383$4,373$3,532$2,837$2,373
20 years$6,186$5,002$4,014$3,199$2,534$2,095
21 years$5,829$4,659$3,692$2,903$2,268$1,853
22 years$5,505$4,349$3,403$2,639$2,033$1,642
23 years$5,210$4,068$3,142$2,404$1,825$1,456
24 years$4,940$3,811$2,906$2,192$1,640$1,293
25 years$4,692$3,577$2,691$2,002$1,476$1,150
26 years$4,464$3,362$2,496$1,831$1,329$1,023
27 years$4,252$3,164$2,318$1,676$1,198$911
28 years$4,056$2,981$2,155$1,535$1,081$811
29 years$3,874$2,812$2,005$1,408$976$723
30 years$3,705$2,656$1,868$1,292$882$645
31 years$3,546$2,511$1,741$1,187$798$576
32 years$3,398$2,376$1,624$1,091$722$514
33 years$3,259$2,250$1,517$1,003$653$459
34 years$3,129$2,132$1,417$923$591$410
35 years$3,006$2,022$1,325$849$535$367
36 years$2,891$1,920$1,239$782$485$328
37 years$2,781$1,823$1,160$721$440$293
38 years$2,678$1,733$1,086$664$399$262
39 years$2,581$1,648$1,018$613$362$235
40 years$2,488$1,568$954$565$328$210
41 years$2,400$1,492$895$521$297$188
42 years$2,317$1,421$839$481$270$168
43 years$2,238$1,354$787$444$245$151
44 years$2,162$1,291$739$410$222$135
45 years$2,091$1,231$694$379$202$121
46 years$2,022$1,174$652$350$183$108
47 years$1,957$1,120$612$323$166$97
48 years$1,894$1,070$575$299$151$87
49 years$1,834$1,021$541$276$137$78
50 years$1,777$976$509$255$125$69

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 $2,300 every year, while hoping to spend $40,014 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: 50/36/14 Blend
74$1,820,000$1,820,000$1,820,000$1,820,000
75$2,008,012$1,911,552$1,883,342$2,100,620
76$2,170,255$1,962,644$1,903,860$2,215,575
77$2,347,705$2,014,898$1,923,723$2,336,056
78$2,541,872$2,068,329$1,942,869$2,466,091
79$2,754,417$2,122,951$1,961,229$2,606,592
80$2,987,170$2,178,778$1,978,733$2,758,562
81$3,242,146$2,235,822$1,995,304$2,923,104
82$3,521,562$2,294,095$2,010,865$3,101,435
83$3,827,864$2,353,608$2,025,331$3,294,894
84$4,163,742$2,414,371$2,038,616$3,504,954
85$4,532,162$2,476,393$2,050,627$3,733,239
86$4,936,387$2,539,681$2,061,268$3,981,536
87$5,380,014$2,604,241$2,070,436$4,251,816
88$5,867,005$2,670,078$2,078,025$4,546,247
89$6,401,723$2,737,196$2,083,923$4,867,219
90$6,988,976$2,805,595$2,088,011$5,217,364
91$7,634,058$2,875,275$2,090,166$5,599,582
92$8,342,802$2,946,235$2,090,257$6,017,067
93$9,121,636$3,018,468$2,088,149$6,473,340
94$9,977,639$3,091,969$2,083,698$6,972,277
95$10,918,610$3,166,728$2,076,754$7,518,151
96$11,953,143$3,242,732$2,067,160$8,115,670
97$13,090,705$3,319,967$2,054,750$8,770,021
98$14,341,725$3,398,414$2,039,353$9,486,919
99$15,717,697$3,478,052$2,020,787$10,272,661
100$17,231,281$3,558,855$1,998,862$11,134,189