Can I retire at age 75 with 1,830,000?

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 $1,830,000?

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$151,120$149,774$148,460$147,178$145,927$144,523
2 years$74,812$73,418$72,068$70,759$69,489$68,075
3 years$49,379$47,980$46,633$45,336$44,087$42,706
4 years$36,665$35,270$33,937$32,662$31,443$30,107
5 years$29,039$27,652$26,336$25,088$23,902$22,614
6 years$23,956$22,580$21,284$20,063$18,913$17,675
7 years$20,327$18,963$17,687$16,495$15,381$14,193
8 years$17,607$16,255$15,000$13,837$12,760$11,622
9 years$15,492$14,153$12,919$11,786$10,746$9,658
10 years$13,801$12,475$11,263$10,160$9,156$8,117
11 years$12,419$11,106$9,916$8,842$7,875$6,884
12 years$11,267$9,968$8,800$7,756$6,824$5,880
13 years$10,294$9,008$7,862$6,847$5,951$5,053
14 years$9,460$8,188$7,064$6,078$5,216$4,364
15 years$8,739$7,480$6,378$5,421$4,593$3,784
16 years$8,108$6,863$5,783$4,853$4,059$3,293
17 years$7,551$6,320$5,262$4,361$3,599$2,874
18 years$7,058$5,840$4,804$3,930$3,200$2,515
19 years$6,616$5,413$4,398$3,551$2,852$2,205
20 years$6,220$5,030$4,036$3,216$2,548$1,937
21 years$5,861$4,685$3,712$2,919$2,280$1,705
22 years$5,536$4,373$3,421$2,654$2,044$1,502
23 years$5,239$4,090$3,159$2,417$1,835$1,325
24 years$4,967$3,832$2,922$2,204$1,649$1,171
25 years$4,718$3,596$2,706$2,013$1,484$1,035
26 years$4,488$3,380$2,510$1,841$1,337$916
27 years$4,276$3,181$2,330$1,685$1,205$811
28 years$4,079$2,997$2,166$1,544$1,087$718
29 years$3,896$2,828$2,016$1,416$982$637
30 years$3,725$2,670$1,878$1,299$887$565
31 years$3,566$2,524$1,751$1,193$802$501
32 years$3,417$2,389$1,633$1,097$726$445
33 years$3,277$2,262$1,525$1,008$657$395
34 years$3,146$2,144$1,425$928$594$351
35 years$3,023$2,034$1,332$854$538$312
36 years$2,906$1,930$1,246$787$488$277
37 years$2,797$1,833$1,167$725$442$246
38 years$2,693$1,742$1,092$668$401$219
39 years$2,595$1,657$1,023$616$364$195
40 years$2,502$1,576$959$568$330$173
41 years$2,414$1,500$899$524$299$154
42 years$2,330$1,429$844$484$271$137
43 years$2,250$1,361$792$447$246$122
44 years$2,174$1,298$743$412$224$109
45 years$2,102$1,237$698$381$203$97
46 years$2,033$1,181$655$352$184$86
47 years$1,967$1,127$616$325$167$77
48 years$1,904$1,075$579$300$152$68
49 years$1,844$1,027$544$278$138$61
50 years$1,787$981$511$257$125$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,830,000, adding $5,003 every year, while hoping to spend $20,721 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: 45/43/12 Blend
74$1,830,000$1,830,000$1,830,000$1,830,000
75$2,021,821$1,924,831$1,896,466$2,105,687
76$2,205,999$1,997,100$1,937,950$2,236,697
77$2,408,270$2,072,217$1,980,130$2,376,166
78$2,630,455$2,150,298$2,023,007$2,526,936
79$2,874,565$2,231,465$2,066,581$2,690,059
80$3,142,812$2,315,848$2,110,852$2,866,690
81$3,437,634$2,403,580$2,155,821$3,058,098
82$3,761,716$2,494,799$2,201,484$3,265,677
83$4,118,018$2,589,651$2,247,841$3,490,961
84$4,509,801$2,688,289$2,294,889$3,735,635
85$4,940,655$2,790,870$2,342,622$4,001,549
86$5,414,538$2,897,558$2,391,036$4,290,742
87$5,935,810$3,008,528$2,440,125$4,605,451
88$6,509,276$3,123,959$2,489,882$4,948,140
89$7,140,227$3,244,038$2,540,298$5,321,516
90$7,834,495$3,368,961$2,591,363$5,728,560
91$8,598,507$3,498,934$2,643,068$6,172,549
92$9,439,343$3,634,169$2,695,398$6,657,089
93$10,364,803$3,774,890$2,748,341$7,186,146
94$11,383,483$3,921,330$2,801,880$7,764,088
95$12,504,855$4,073,732$2,856,000$8,395,718
96$13,739,355$4,232,349$2,910,681$9,086,325
97$15,098,482$4,397,448$2,965,902$9,841,727
98$16,594,909$4,569,304$3,021,641$10,668,332
99$18,242,597$4,748,207$3,077,873$11,573,190
100$20,056,932$4,934,460$3,134,572$12,564,063