Can I retire at age 75 with 749,000?

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 $749,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$61,852$61,301$60,763$60,239$59,726$59,176
2 years$30,620$30,049$29,497$28,961$28,441$27,887
3 years$20,210$19,638$19,086$18,556$18,044$17,503
4 years$15,007$14,436$13,890$13,368$12,869$12,346
5 years$11,885$11,318$10,779$10,268$9,783$9,278
6 years$9,805$9,242$8,711$8,211$7,741$7,255
7 years$8,320$7,761$7,239$6,751$6,295$5,829
8 years$7,206$6,653$6,139$5,663$5,223$4,776
9 years$6,341$5,792$5,288$4,824$4,398$3,971
10 years$5,649$5,106$4,610$4,158$3,748$3,340
11 years$5,083$4,545$4,059$3,619$3,223$2,834
12 years$4,612$4,080$3,602$3,174$2,793$2,422
13 years$4,213$3,687$3,218$2,802$2,436$2,083
14 years$3,872$3,351$2,891$2,488$2,135$1,800
15 years$3,577$3,061$2,611$2,219$1,880$1,562
16 years$3,318$2,809$2,367$1,986$1,661$1,360
17 years$3,091$2,587$2,154$1,785$1,473$1,188
18 years$2,889$2,390$1,966$1,608$1,310$1,040
19 years$2,708$2,215$1,800$1,453$1,167$913
20 years$2,546$2,059$1,652$1,316$1,043$802
21 years$2,399$1,917$1,519$1,195$933$707
22 years$2,266$1,790$1,400$1,086$836$623
23 years$2,144$1,674$1,293$989$751$550
24 years$2,033$1,568$1,196$902$675$486
25 years$1,931$1,472$1,108$824$607$430
26 years$1,837$1,383$1,027$753$547$381
27 years$1,750$1,302$954$690$493$338
28 years$1,669$1,227$887$632$445$299
29 years$1,594$1,157$825$579$402$266
30 years$1,525$1,093$769$532$363$236
31 years$1,459$1,033$717$488$328$209
32 years$1,399$978$669$449$297$186
33 years$1,341$926$624$413$269$165
34 years$1,288$878$583$380$243$147
35 years$1,237$832$545$350$220$131
36 years$1,190$790$510$322$200$116
37 years$1,145$750$477$297$181$104
38 years$1,102$713$447$273$164$92
39 years$1,062$678$419$252$149$82
40 years$1,024$645$393$233$135$73
41 years$988$614$368$215$122$65
42 years$954$585$345$198$111$58
43 years$921$557$324$183$101$52
44 years$890$531$304$169$92$46
45 years$860$506$286$156$83$41
46 years$832$483$268$144$75$36
47 years$805$461$252$133$68$32
48 years$779$440$237$123$62$29
49 years$755$420$223$114$56$26
50 years$731$402$209$105$51$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $749,000, adding $2,677 every year, while hoping to spend $24,633 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: 48/41/11 Blend
74$749,000$749,000$749,000$749,000
75$828,159$788,462$776,853$865,289
76$886,422$800,888$776,668$903,538
77$949,802$813,096$775,652$942,258
78$1,018,796$825,051$773,749$983,741
79$1,093,948$836,714$770,905$1,028,250
80$1,175,860$848,042$767,059$1,076,078
81$1,265,192$858,990$762,150$1,127,550
82$1,362,671$869,511$756,112$1,183,022
83$1,469,100$879,553$748,878$1,242,887
84$1,585,358$889,061$740,375$1,307,580
85$1,712,416$897,977$730,530$1,377,581
86$1,851,343$906,238$719,263$1,453,420
87$2,003,315$913,779$706,493$1,535,680
88$2,169,627$920,528$692,134$1,625,007
89$2,351,704$926,409$676,096$1,722,112
90$2,551,118$931,343$658,286$1,827,781
91$2,769,598$935,245$638,604$1,942,881
92$3,009,048$938,022$616,948$2,068,369
93$3,271,566$939,580$593,211$2,205,301
94$3,559,461$939,816$567,279$2,354,841
95$3,875,280$938,620$539,037$2,518,276
96$4,221,824$935,878$508,359$2,697,025
97$4,602,179$931,466$475,119$2,892,653
98$5,019,748$925,254$439,182$3,106,888
99$5,478,275$917,104$400,408$3,341,637
100$5,981,888$906,871$358,650$3,599,001