Can I retire at age 75 with 682,000?

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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$56,319$55,817$55,328$54,850$54,384$53,928
2 years$27,881$27,361$26,858$26,370$25,897$25,438
3 years$18,402$17,881$17,379$16,896$16,430$15,981
4 years$13,664$13,144$12,647$12,172$11,718$11,284
5 years$10,822$10,305$9,815$9,350$8,908$8,489
6 years$8,928$8,415$7,932$7,477$7,049$6,645
7 years$7,576$7,067$6,591$6,147$5,732$5,345
8 years$6,562$6,058$5,590$5,157$4,756$4,384
9 years$5,774$5,274$4,815$4,392$4,005$3,650
10 years$5,143$4,649$4,198$3,786$3,412$3,073
11 years$4,628$4,139$3,696$3,295$2,935$2,611
12 years$4,199$3,715$3,280$2,890$2,543$2,235
13 years$3,836$3,357$2,930$2,552$2,218$1,924
14 years$3,526$3,051$2,633$2,265$1,944$1,665
15 years$3,257$2,788$2,377$2,020$1,712$1,447
16 years$3,022$2,558$2,155$1,809$1,513$1,261
17 years$2,814$2,355$1,961$1,625$1,341$1,103
18 years$2,630$2,177$1,790$1,465$1,193$967
19 years$2,466$2,017$1,639$1,323$1,063$850
20 years$2,318$1,874$1,504$1,199$950$748
21 years$2,184$1,746$1,383$1,088$850$660
22 years$2,063$1,630$1,275$989$762$583
23 years$1,952$1,524$1,177$901$684$516
24 years$1,851$1,428$1,089$822$615$456
25 years$1,758$1,340$1,008$750$553$404
26 years$1,673$1,260$935$686$498$359
27 years$1,593$1,185$868$628$449$318
28 years$1,520$1,117$807$575$405$283
29 years$1,452$1,054$751$528$366$251
30 years$1,388$995$700$484$331$223
31 years$1,329$941$652$445$299$199
32 years$1,273$890$609$409$270$177
33 years$1,221$843$568$376$245$157
34 years$1,172$799$531$346$222$140
35 years$1,127$758$497$318$201$125
36 years$1,083$719$464$293$182$111
37 years$1,042$683$435$270$165$99
38 years$1,004$649$407$249$149$88
39 years$967$617$381$230$135$79
40 years$932$587$358$212$123$70
41 years$900$559$335$195$111$63
42 years$868$533$314$180$101$56
43 years$839$507$295$166$92$50
44 years$810$484$277$154$83$45
45 years$783$461$260$142$76$40
46 years$758$440$244$131$69$35
47 years$733$420$229$121$62$32
48 years$710$401$216$112$57$28
49 years$687$383$203$103$51$25
50 years$666$366$191$96$47$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $682,000, adding $6,295 every year, while hoping to spend $26,184 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: 31/44/25 Blend
74$682,000$682,000$682,000$682,000
75$758,057$721,911$711,340$775,566
76$807,520$729,425$707,311$797,005
77$861,149$736,430$702,268$817,310
78$919,344$742,873$696,152$838,640
79$982,541$748,697$688,897$861,100
80$1,051,221$753,844$680,436$884,812
81$1,125,913$758,250$670,698$909,906
82$1,207,199$761,847$659,608$936,533
83$1,295,718$764,563$647,091$964,858
84$1,392,177$766,321$633,063$995,064
85$1,497,349$767,041$617,441$1,027,358
86$1,612,089$766,637$600,136$1,061,969
87$1,737,336$765,015$581,054$1,099,151
88$1,874,123$762,080$560,098$1,139,187
89$2,023,589$757,728$537,168$1,182,393
90$2,186,988$751,849$512,155$1,229,118
91$2,365,699$744,328$484,950$1,279,752
92$2,561,240$735,040$455,437$1,334,726
93$2,775,286$723,856$423,493$1,394,522
94$3,009,677$710,637$388,992$1,459,670
95$3,266,443$695,237$351,802$1,530,764
96$3,547,816$677,500$311,783$1,608,458
97$3,856,258$657,262$268,793$1,693,479
98$4,194,478$634,350$222,679$1,786,635
99$4,565,460$608,578$173,284$1,888,820
100$4,972,491$579,753$120,443$2,001,023