Can I retire at age 75 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$60,035$59,500$58,978$58,469$57,972$57,271
2 years$29,720$29,167$28,630$28,110$27,606$26,901
3 years$19,617$19,061$18,526$18,010$17,514$16,826
4 years$14,566$14,012$13,482$12,976$12,491$11,826
5 years$11,536$10,985$10,463$9,966$9,496$8,855
6 years$9,517$8,970$8,455$7,970$7,514$6,899
7 years$8,075$7,533$7,026$6,553$6,111$5,521
8 years$6,995$6,457$5,959$5,497$5,069$4,506
9 years$6,155$5,622$5,132$4,682$4,269$3,731
10 years$5,483$4,956$4,475$4,036$3,637$3,124
11 years$4,934$4,412$3,939$3,513$3,128$2,640
12 years$4,476$3,960$3,496$3,081$2,711$2,246
13 years$4,089$3,579$3,124$2,720$2,364$1,923
14 years$3,758$3,253$2,806$2,415$2,072$1,654
15 years$3,472$2,972$2,534$2,153$1,825$1,429
16 years$3,221$2,726$2,297$1,928$1,613$1,238
17 years$3,000$2,511$2,090$1,732$1,430$1,076
18 years$2,804$2,320$1,908$1,561$1,271$937
19 years$2,628$2,150$1,747$1,411$1,133$818
20 years$2,471$1,998$1,603$1,278$1,012$716
21 years$2,328$1,861$1,475$1,160$906$627
22 years$2,199$1,737$1,359$1,054$812$550
23 years$2,081$1,625$1,255$960$729$483
24 years$1,973$1,522$1,161$876$655$425
25 years$1,874$1,429$1,075$800$589$374
26 years$1,783$1,343$997$731$531$329
27 years$1,699$1,264$926$669$479$290
28 years$1,620$1,191$861$613$432$256
29 years$1,548$1,123$801$562$390$226
30 years$1,480$1,061$746$516$352$199
31 years$1,417$1,003$695$474$319$176
32 years$1,357$949$649$436$288$155
33 years$1,302$899$606$401$261$137
34 years$1,250$852$566$369$236$121
35 years$1,201$808$529$339$214$107
36 years$1,155$767$495$312$194$95
37 years$1,111$728$463$288$176$84
38 years$1,070$692$434$265$159$74
39 years$1,031$658$407$245$144$66
40 years$994$626$381$226$131$58
41 years$959$596$357$208$119$51
42 years$926$568$335$192$108$46
43 years$894$541$315$177$98$40
44 years$864$516$295$164$89$36
45 years$835$492$277$151$81$32
46 years$808$469$260$140$73$28
47 years$782$448$245$129$66$25
48 years$757$427$230$119$60$22
49 years$733$408$216$110$55$19
50 years$710$390$203$102$50$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $727,000, adding $5,946 every year, while hoping to spend $57,595 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: 39/38/23 Blend
74$727,000$727,000$727,000$727,000
75$807,287$768,756$757,488$833,051
76$828,350$745,145$721,583$828,613
77$849,631$718,446$682,545$817,964
78$871,091$688,448$640,208$805,297
79$892,686$654,926$594,399$790,463
80$914,366$617,642$544,937$773,301
81$936,071$576,347$491,633$753,642
82$957,736$530,774$434,288$731,305
83$979,286$480,643$372,698$706,097
84$1,000,636$425,657$306,646$677,812
85$1,021,689$365,502$235,907$646,230
86$1,042,338$299,849$160,246$611,117
87$1,062,461$228,346$79,419$572,224
88$1,081,922$150,624$0$529,284
89$1,100,566$66,293$0$483,690
90$1,118,224$0$0$454,368
91$1,134,703$0$0$432,030
92$1,149,788$0$0$436,761
93$1,163,242$0$0$440,735
94$1,174,798$0$0$443,837
95$1,184,159$0$0$445,936
96$1,190,994$0$0$446,890
97$1,194,938$0$0$446,538
98$1,195,582$0$0$444,704
99$1,192,472$0$0$441,189
100$1,185,106$0$0$435,777