Can I retire at age 75 with 438,000?

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 $438,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$36,170$35,847$35,533$35,226$34,927$34,750
2 years$17,906$17,572$17,249$16,936$16,632$16,454
3 years$11,819$11,484$11,161$10,851$10,552$10,378
4 years$8,776$8,442$8,123$7,817$7,526$7,357
5 years$6,950$6,618$6,303$6,005$5,721$5,558
6 years$5,734$5,404$5,094$4,802$4,527$4,370
7 years$4,865$4,539$4,233$3,948$3,681$3,530
8 years$4,214$3,890$3,590$3,312$3,054$2,909
9 years$3,708$3,387$3,092$2,821$2,572$2,433
10 years$3,303$2,986$2,696$2,432$2,191$2,058
11 years$2,972$2,658$2,373$2,116$1,885$1,757
12 years$2,697$2,386$2,106$1,856$1,633$1,512
13 years$2,464$2,156$1,882$1,639$1,424$1,308
14 years$2,264$1,960$1,691$1,455$1,248$1,138
15 years$2,092$1,790$1,527$1,297$1,099$994
16 years$1,941$1,643$1,384$1,162$972$871
17 years$1,807$1,513$1,259$1,044$861$766
18 years$1,689$1,398$1,150$941$766$676
19 years$1,584$1,295$1,053$850$683$597
20 years$1,489$1,204$966$770$610$529
21 years$1,403$1,121$888$699$546$469
22 years$1,325$1,047$819$635$489$417
23 years$1,254$979$756$578$439$371
24 years$1,189$917$699$528$395$330
25 years$1,129$861$648$482$355$295
26 years$1,074$809$601$441$320$263
27 years$1,023$761$558$403$288$235
28 years$976$717$519$369$260$210
29 years$932$677$483$339$235$188
30 years$892$639$449$311$212$168
31 years$853$604$419$286$192$150
32 years$818$572$391$262$174$135
33 years$784$541$365$241$157$121
34 years$753$513$341$222$142$108
35 years$723$487$319$204$129$97
36 years$696$462$298$188$117$87
37 years$669$439$279$173$106$78
38 years$645$417$261$160$96$70
39 years$621$397$245$147$87$63
40 years$599$377$230$136$79$57
41 years$578$359$215$125$72$51
42 years$558$342$202$116$65$46
43 years$539$326$190$107$59$41
44 years$520$311$178$99$54$37
45 years$503$296$167$91$49$33
46 years$487$283$157$84$44$30
47 years$471$270$147$78$40$27
48 years$456$257$138$72$36$24
49 years$441$246$130$66$33$22
50 years$428$235$122$61$30$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $438,000, adding $5,635 every year, while hoping to spend $22,657 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: 55/32/13 Blend
74$438,000$438,000$438,000$438,000
75$488,489$465,275$458,486$513,414
76$514,207$463,966$449,738$529,665
77$541,790$461,834$439,938$544,409
78$571,403$458,815$429,026$559,937
79$603,229$454,839$416,941$576,330
80$637,468$449,835$403,618$593,676
81$674,339$443,727$388,988$612,073
82$714,084$436,432$372,982$631,631
83$756,969$427,865$355,525$652,471
84$803,284$417,935$336,540$674,731
85$853,350$406,545$315,945$698,560
86$907,519$393,593$293,657$724,126
87$966,178$378,971$269,586$751,616
88$1,029,752$362,565$243,641$781,236
89$1,098,709$344,253$215,725$813,217
90$1,173,563$323,907$185,738$847,814
91$1,254,880$301,391$153,574$885,310
92$1,343,282$276,564$119,123$926,020
93$1,439,454$249,273$82,270$970,292
94$1,544,149$219,357$42,897$1,018,513
95$1,658,195$186,649$877$1,071,113
96$1,782,506$150,969$0$1,128,566
97$1,918,084$112,129$0$1,197,498
98$2,066,034$69,930$0$1,272,921
99$2,227,573$24,160$0$1,355,378
100$2,404,040$0$0$1,445,607