Can I retire at age 75 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$66,394$65,802$65,225$64,662$64,112$63,842
2 years$32,868$32,256$31,663$31,088$30,530$30,257
3 years$21,694$21,080$20,488$19,918$19,369$19,102
4 years$16,109$15,496$14,910$14,350$13,814$13,555
5 years$12,758$12,149$11,571$11,022$10,501$10,251
6 years$10,525$9,920$9,351$8,814$8,309$8,068
7 years$8,931$8,331$7,771$7,247$6,758$6,526
8 years$7,736$7,141$6,590$6,079$5,606$5,383
9 years$6,806$6,218$5,676$5,178$4,721$4,507
10 years$6,063$5,481$4,949$4,464$4,023$3,818
11 years$5,456$4,879$4,357$3,885$3,460$3,264
12 years$4,950$4,379$3,866$3,407$2,998$2,811
13 years$4,523$3,958$3,454$3,008$2,614$2,436
14 years$4,156$3,597$3,104$2,670$2,292$2,121
15 years$3,839$3,286$2,802$2,381$2,018$1,856
16 years$3,562$3,015$2,541$2,132$1,783$1,629
17 years$3,318$2,777$2,312$1,916$1,581$1,435
18 years$3,101$2,566$2,110$1,727$1,406$1,267
19 years$2,907$2,378$1,932$1,560$1,253$1,121
20 years$2,733$2,210$1,773$1,413$1,119$994
21 years$2,575$2,058$1,631$1,282$1,002$883
22 years$2,432$1,921$1,503$1,166$898$786
23 years$2,302$1,797$1,388$1,062$806$700
24 years$2,182$1,684$1,284$969$724$625
25 years$2,073$1,580$1,189$884$652$558
26 years$1,972$1,485$1,103$809$587$499
27 years$1,878$1,398$1,024$740$529$446
28 years$1,792$1,317$952$678$478$399
29 years$1,712$1,242$886$622$431$358
30 years$1,637$1,173$825$571$390$321
31 years$1,567$1,109$769$524$352$288
32 years$1,501$1,049$718$482$319$258
33 years$1,440$994$670$443$288$232
34 years$1,382$942$626$408$261$208
35 years$1,328$893$585$375$237$187
36 years$1,277$848$548$346$214$168
37 years$1,229$805$513$318$194$151
38 years$1,183$765$480$293$176$136
39 years$1,140$728$450$271$160$122
40 years$1,099$692$421$250$145$110
41 years$1,060$659$395$230$131$99
42 years$1,024$628$371$213$119$89
43 years$989$598$348$196$108$80
44 years$955$570$327$181$98$72
45 years$924$544$307$167$89$65
46 years$893$519$288$155$81$58
47 years$864$495$271$143$74$52
48 years$837$473$254$132$67$47
49 years$810$451$239$122$61$42
50 years$785$431$225$113$55$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $804,000, adding $2,473 every year, while hoping to spend $23,269 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: 55/23/22 Blend
74$804,000$804,000$804,000$804,000
75$888,559$845,947$833,485$931,976
76$954,434$862,640$836,649$978,691
77$1,026,248$879,372$839,138$1,026,879
78$1,104,583$896,119$840,907$1,078,860
79$1,190,079$912,856$841,905$1,135,006
80$1,283,438$929,558$842,081$1,195,725
81$1,385,438$946,196$841,380$1,261,468
82$1,496,931$962,737$839,745$1,332,731
83$1,618,857$979,151$837,115$1,410,063
84$1,752,251$995,399$833,428$1,494,067
85$1,898,251$1,011,444$828,619$1,585,410
86$2,058,112$1,027,244$822,617$1,684,827
87$2,233,215$1,042,755$815,351$1,793,126
88$2,425,082$1,057,929$806,744$1,911,203
89$2,635,388$1,072,716$796,718$2,040,042
90$2,865,979$1,087,059$785,188$2,180,729
91$3,118,885$1,100,902$772,068$2,334,462
92$3,396,346$1,114,180$757,267$2,502,563
93$3,700,827$1,126,829$740,690$2,686,487
94$4,035,044$1,138,776$722,235$2,887,841
95$4,401,988$1,149,946$701,800$3,108,396
96$4,804,954$1,160,257$679,274$3,350,105
97$5,247,573$1,169,623$654,543$3,615,121
98$5,733,843$1,177,952$627,488$3,905,820
99$6,268,170$1,185,146$597,983$4,224,818
100$6,855,406$1,191,102$565,899$4,575,002