Can I retire at age 75 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$35,261$34,947$34,641$34,342$34,050$33,906
2 years$17,456$17,131$16,816$16,510$16,214$16,069
3 years$11,522$11,195$10,881$10,578$10,287$10,145
4 years$8,555$8,230$7,919$7,621$7,337$7,199
5 years$6,776$6,452$6,145$5,854$5,577$5,444
6 years$5,590$5,269$4,966$4,681$4,413$4,285
7 years$4,743$4,425$4,127$3,849$3,589$3,466
8 years$4,108$3,793$3,500$3,229$2,977$2,859
9 years$3,615$3,302$3,015$2,750$2,507$2,394
10 years$3,220$2,911$2,628$2,371$2,136$2,028
11 years$2,898$2,591$2,314$2,063$1,837$1,733
12 years$2,629$2,326$2,053$1,810$1,592$1,493
13 years$2,402$2,102$1,835$1,598$1,388$1,294
14 years$2,207$1,911$1,648$1,418$1,217$1,127
15 years$2,039$1,745$1,488$1,265$1,072$985
16 years$1,892$1,601$1,349$1,132$947$865
17 years$1,762$1,475$1,228$1,018$840$762
18 years$1,647$1,363$1,121$917$747$673
19 years$1,544$1,263$1,026$829$666$595
20 years$1,451$1,174$942$750$594$528
21 years$1,368$1,093$866$681$532$469
22 years$1,292$1,020$798$619$477$417
23 years$1,222$954$737$564$428$372
24 years$1,159$894$682$514$385$332
25 years$1,101$839$631$470$346$296
26 years$1,047$789$586$430$312$265
27 years$998$742$544$393$281$237
28 years$952$699$505$360$254$212
29 years$909$660$470$330$229$190
30 years$869$623$438$303$207$170
31 years$832$589$408$278$187$153
32 years$797$557$381$256$169$137
33 years$765$528$356$235$153$123
34 years$734$500$332$216$139$111
35 years$705$474$311$199$126$99
36 years$678$450$291$184$114$89
37 years$653$428$272$169$103$80
38 years$628$407$255$156$94$72
39 years$605$387$239$144$85$65
40 years$584$368$224$133$77$58
41 years$563$350$210$122$70$52
42 years$544$333$197$113$63$47
43 years$525$318$185$104$57$42
44 years$507$303$173$96$52$38
45 years$490$289$163$89$47$34
46 years$474$275$153$82$43$31
47 years$459$263$144$76$39$28
48 years$444$251$135$70$35$25
49 years$430$240$127$65$32$23
50 years$417$229$119$60$29$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $427,000, adding $6,411 every year, while hoping to spend $43,844 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: 76/8/16 Blend
74$427,000$427,000$427,000$427,000
75$477,167$454,536$447,917$511,275
76$479,188$430,159$416,273$510,313
77$479,946$403,117$382,099$503,155
78$479,266$373,235$345,264$494,118
79$476,953$340,325$305,632$483,001
80$472,791$304,190$263,060$469,583
81$466,541$264,621$217,398$453,621
82$457,937$221,396$168,490$434,850
83$446,686$174,284$116,174$412,976
84$432,462$123,038$60,279$387,678
85$414,903$67,397$629$358,603
86$393,611$7,087$0$325,362
87$368,143$0$0$298,290
88$338,011$0$0$272,094
89$302,673$0$0$242,151
90$261,532$0$0$207,337
91$213,925$0$0$167,097
92$159,123$0$0$120,819
93$96,317$0$0$67,826
94$24,616$0$0$7,370
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0