Can I retire at age 75 with 468,000?

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 $468,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$38,647$38,303$37,967$37,639$37,319$37,115
2 years$19,132$18,776$18,431$18,096$17,771$17,565
3 years$12,628$12,270$11,926$11,594$11,275$11,073
4 years$9,377$9,020$8,679$8,353$8,041$7,846
5 years$7,426$7,072$6,735$6,416$6,113$5,924
6 years$6,127$5,775$5,443$5,131$4,837$4,655
7 years$5,198$4,849$4,523$4,218$3,934$3,759
8 years$4,503$4,157$3,836$3,539$3,263$3,096
9 years$3,962$3,619$3,304$3,014$2,748$2,587
10 years$3,529$3,190$2,880$2,598$2,342$2,188
11 years$3,176$2,840$2,536$2,261$2,014$1,867
12 years$2,882$2,549$2,251$1,983$1,745$1,605
13 years$2,633$2,304$2,011$1,751$1,522$1,388
14 years$2,419$2,094$1,807$1,554$1,334$1,206
15 years$2,235$1,913$1,631$1,386$1,175$1,053
16 years$2,073$1,755$1,479$1,241$1,038$923
17 years$1,931$1,616$1,346$1,115$920$811
18 years$1,805$1,494$1,228$1,005$818$715
19 years$1,692$1,384$1,125$908$729$631
20 years$1,591$1,286$1,032$822$652$558
21 years$1,499$1,198$949$746$583$495
22 years$1,416$1,118$875$679$523$440
23 years$1,340$1,046$808$618$469$391
24 years$1,270$980$747$564$422$348
25 years$1,207$920$692$515$379$310
26 years$1,148$864$642$471$342$276
27 years$1,093$813$596$431$308$247
28 years$1,043$767$554$395$278$220
29 years$996$723$516$362$251$197
30 years$953$683$480$332$227$176
31 years$912$646$448$305$205$158
32 years$874$611$418$280$186$141
33 years$838$579$390$258$168$126
34 years$805$548$364$237$152$113
35 years$773$520$341$218$138$101
36 years$743$494$319$201$125$91
37 years$715$469$298$185$113$81
38 years$689$446$279$171$103$73
39 years$664$424$262$158$93$65
40 years$640$403$245$145$84$59
41 years$617$384$230$134$76$53
42 years$596$365$216$124$69$47
43 years$575$348$202$114$63$42
44 years$556$332$190$105$57$38
45 years$538$316$178$97$52$34
46 years$520$302$168$90$47$31
47 years$503$288$157$83$43$28
48 years$487$275$148$77$39$25
49 years$472$263$139$71$35$22
50 years$457$251$131$66$32$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $468,000, adding $3,296 every year, while hoping to spend $31,053 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: 56/31/13 Blend
74$468,000$468,000$468,000$468,000
75$519,136$494,332$487,078$546,302
76$539,048$485,514$470,355$556,269
77$559,949$475,223$452,031$563,439
78$581,910$463,355$432,019$570,526
79$605,003$449,797$410,230$577,525
80$629,309$434,433$386,569$584,438
81$654,916$417,138$360,937$591,263
82$681,920$397,780$333,230$598,003
83$710,425$376,220$303,342$604,663
84$740,544$352,311$271,160$611,250
85$772,401$325,896$236,565$617,774
86$806,131$296,810$199,436$624,249
87$841,884$264,881$159,644$630,692
88$879,819$229,923$117,055$637,124
89$920,113$191,742$71,529$643,574
90$962,959$150,132$22,920$650,073
91$1,008,570$104,877$0$656,661
92$1,057,175$55,747$0$667,402
93$1,109,029$2,501$0$681,988
94$1,164,408$0$0$697,325
95$1,223,618$0$0$732,314
96$1,286,990$0$0$770,704
97$1,354,891$0$0$811,867
98$1,427,722$0$0$856,048
99$1,505,923$0$0$903,519
100$1,589,976$0$0$954,576