Can I retire at age 75 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$153,597$152,229$150,894$149,591$148,319$144,207
2 years$76,038$74,622$73,250$71,919$70,628$66,516
3 years$50,189$48,766$47,397$46,079$44,809$40,826
4 years$37,266$35,848$34,493$33,197$31,958$28,135
5 years$29,515$28,106$26,768$25,499$24,294$20,640
6 years$24,349$22,950$21,633$20,392$19,223$15,742
7 years$20,661$19,274$17,977$16,765$15,634$12,326
8 years$17,896$16,521$15,246$14,064$12,970$9,833
9 years$15,746$14,385$13,131$11,979$10,922$7,955
10 years$14,027$12,679$11,448$10,326$9,306$6,503
11 years$12,622$11,288$10,079$8,987$8,004$5,361
12 years$11,452$10,131$8,945$7,883$6,936$4,448
13 years$10,463$9,156$7,991$6,959$6,048$3,710
14 years$9,615$8,322$7,180$6,178$5,302$3,108
15 years$8,882$7,602$6,483$5,509$4,668$2,613
16 years$8,241$6,975$5,878$4,933$4,126$2,203
17 years$7,675$6,424$5,348$4,432$3,658$1,862
18 years$7,173$5,936$4,882$3,994$3,253$1,577
19 years$6,725$5,501$4,470$3,609$2,899$1,337
20 years$6,322$5,112$4,102$3,269$2,590$1,136
21 years$5,957$4,762$3,773$2,967$2,317$966
22 years$5,626$4,445$3,477$2,697$2,077$822
23 years$5,325$4,157$3,211$2,457$1,865$701
24 years$5,049$3,895$2,969$2,241$1,676$597
25 years$4,795$3,655$2,750$2,046$1,508$510
26 years$4,562$3,435$2,551$1,871$1,358$435
27 years$4,346$3,233$2,369$1,713$1,225$371
28 years$4,146$3,047$2,202$1,569$1,105$317
29 years$3,959$2,874$2,049$1,439$998$271
30 years$3,786$2,714$1,909$1,321$902$232
31 years$3,624$2,566$1,779$1,213$815$198
32 years$3,473$2,428$1,660$1,115$737$169
33 years$3,331$2,299$1,550$1,025$667$145
34 years$3,198$2,179$1,448$943$604$124
35 years$3,072$2,067$1,354$868$547$106
36 years$2,954$1,962$1,267$800$496$91
37 years$2,843$1,863$1,186$737$449$78
38 years$2,737$1,771$1,110$679$407$66
39 years$2,637$1,684$1,040$626$369$57
40 years$2,543$1,602$975$577$335$49
41 years$2,453$1,525$914$533$304$42
42 years$2,368$1,452$858$492$276$36
43 years$2,287$1,384$805$454$250$31
44 years$2,210$1,319$755$419$227$26
45 years$2,136$1,258$709$387$206$22
46 years$2,066$1,200$666$358$187$19
47 years$2,000$1,145$626$330$170$16
48 years$1,936$1,093$588$305$154$14
49 years$1,874$1,044$553$282$140$12
50 years$1,816$997$520$261$127$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,860,000, adding $6,217 every year, while hoping to spend $38,633 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: 68/11/21 Blend
74$1,860,000$1,860,000$1,860,000$1,860,000
75$2,056,133$1,957,553$1,928,723$2,184,742
76$2,224,753$2,012,368$1,952,230$2,326,412
77$2,409,278$2,068,574$1,975,230$2,476,271
78$2,611,289$2,126,198$1,997,664$2,639,277
79$2,832,527$2,185,269$2,019,473$2,816,726
80$3,074,910$2,245,812$2,040,590$3,010,044
81$3,340,551$2,307,857$2,060,950$3,220,803
82$3,631,775$2,371,430$2,080,480$3,450,732
83$3,951,144$2,436,558$2,099,104$3,701,740
84$4,301,480$2,503,269$2,116,743$3,975,925
85$4,685,891$2,571,589$2,133,314$4,275,603
86$5,107,800$2,641,545$2,148,728$4,603,322
87$5,570,978$2,713,163$2,162,893$4,961,892
88$6,079,580$2,786,470$2,175,712$5,354,408
89$6,638,179$2,861,489$2,187,081$5,784,278
90$7,251,819$2,938,247$2,196,893$6,255,260
91$7,926,050$3,016,768$2,205,035$6,771,493
92$8,666,992$3,097,074$2,211,388$7,337,539
93$9,481,382$3,179,188$2,215,827$7,958,423
94$10,376,647$3,263,132$2,218,221$8,639,684
95$11,360,966$3,348,926$2,218,433$9,387,424
96$12,443,352$3,436,590$2,216,317$10,208,368
97$13,633,733$3,526,143$2,211,723$11,109,925
98$14,943,050$3,617,599$2,204,491$12,100,261
99$16,383,355$3,710,976$2,194,456$13,188,374
100$17,967,928$3,806,285$2,181,442$14,384,180