Can I retire at age 75 with 643,000?

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 $643,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$53,098$52,625$52,164$51,714$51,274$50,612
2 years$26,286$25,797$25,322$24,862$24,416$23,750
3 years$17,350$16,858$16,385$15,929$15,491$14,842
4 years$12,883$12,393$11,924$11,476$11,048$10,421
5 years$10,203$9,716$9,254$8,815$8,399$7,795
6 years$8,417$7,934$7,478$7,049$6,645$6,066
7 years$7,142$6,663$6,215$5,796$5,405$4,849
8 years$6,186$5,711$5,270$4,862$4,484$3,953
9 years$5,443$4,973$4,539$4,141$3,776$3,269
10 years$4,849$4,383$3,958$3,570$3,217$2,734
11 years$4,364$3,902$3,484$3,107$2,767$2,307
12 years$3,959$3,502$3,092$2,725$2,398$1,961
13 years$3,617$3,165$2,763$2,406$2,091$1,677
14 years$3,324$2,877$2,482$2,136$1,833$1,440
15 years$3,070$2,628$2,241$1,905$1,614$1,242
16 years$2,849$2,411$2,032$1,705$1,426$1,075
17 years$2,653$2,221$1,849$1,532$1,265$933
18 years$2,480$2,052$1,688$1,381$1,124$812
19 years$2,325$1,902$1,545$1,248$1,002$708
20 years$2,185$1,767$1,418$1,130$895$618
21 years$2,059$1,646$1,304$1,026$801$541
22 years$1,945$1,537$1,202$933$718$473
23 years$1,841$1,437$1,110$849$645$415
24 years$1,745$1,347$1,027$775$579$364
25 years$1,658$1,264$951$707$521$320
26 years$1,577$1,188$882$647$470$282
27 years$1,502$1,118$819$592$423$248
28 years$1,433$1,053$761$542$382$218
29 years$1,369$994$708$497$345$192
30 years$1,309$938$660$456$312$169
31 years$1,253$887$615$419$282$149
32 years$1,201$839$574$385$255$132
33 years$1,152$795$536$354$231$116
34 years$1,105$753$501$326$209$102
35 years$1,062$715$468$300$189$90
36 years$1,021$678$438$276$171$80
37 years$983$644$410$255$155$70
38 years$946$612$384$235$141$62
39 years$912$582$360$216$128$55
40 years$879$554$337$200$116$49
41 years$848$527$316$184$105$43
42 years$819$502$296$170$95$38
43 years$791$478$278$157$87$33
44 years$764$456$261$145$79$30
45 years$739$435$245$134$71$26
46 years$714$415$230$124$65$23
47 years$691$396$216$114$59$20
48 years$669$378$203$106$53$18
49 years$648$361$191$98$49$16
50 years$628$345$180$90$44$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $643,000, adding $5,931 every year, while hoping to spend $24,820 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: 77/10/13 Blend
74$643,000$643,000$643,000$643,000
75$714,704$680,625$670,658$767,422
76$761,195$687,567$666,717$809,926
77$811,597$694,018$661,812$852,784
78$866,282$699,926$655,884$899,085
79$925,659$705,240$648,873$949,162
80$990,180$709,900$640,714$1,003,384
81$1,060,341$713,847$631,340$1,062,155
82$1,136,686$717,016$620,681$1,125,923
83$1,219,816$719,339$608,662$1,195,179
84$1,310,393$720,741$595,207$1,270,467
85$1,409,142$721,146$580,236$1,352,384
86$1,516,863$720,472$563,663$1,441,589
87$1,634,438$718,630$545,400$1,538,809
88$1,762,836$715,527$525,356$1,644,844
89$1,903,123$711,066$503,433$1,760,575
90$2,056,474$705,141$479,531$1,886,977
91$2,224,184$697,642$453,544$2,025,119
92$2,407,675$688,451$425,362$2,176,184
93$2,608,515$677,443$394,870$2,341,474
94$2,828,432$664,486$361,946$2,522,423
95$3,069,327$649,440$326,466$2,720,615
96$3,333,293$632,158$288,298$2,937,791
97$3,622,637$612,482$247,304$3,175,876
98$3,939,899$590,246$203,342$3,436,986
99$4,287,876$565,275$156,260$3,723,458
100$4,669,649$537,383$105,904$4,037,865