Can I retire at age 75 with 809,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$66,806$66,211$65,631$65,064$64,511$63,468
2 years$33,073$32,457$31,860$31,281$30,719$29,672
3 years$21,829$21,211$20,615$20,042$19,490$18,470
4 years$16,209$15,592$15,003$14,439$13,900$12,916
5 years$12,837$12,224$11,643$11,091$10,567$9,621
6 years$10,591$9,982$9,409$8,869$8,361$7,455
7 years$8,986$8,383$7,819$7,292$6,800$5,933
8 years$7,784$7,186$6,631$6,117$5,641$4,814
9 years$6,849$6,257$5,711$5,210$4,751$3,963
10 years$6,101$5,515$4,979$4,491$4,048$3,298
11 years$5,490$4,910$4,384$3,909$3,481$2,769
12 years$4,981$4,407$3,890$3,429$3,017$2,342
13 years$4,551$3,982$3,476$3,027$2,631$1,991
14 years$4,182$3,620$3,123$2,687$2,306$1,701
15 years$3,863$3,307$2,820$2,396$2,030$1,459
16 years$3,584$3,034$2,556$2,146$1,794$1,256
17 years$3,338$2,794$2,326$1,928$1,591$1,084
18 years$3,120$2,582$2,124$1,737$1,415$938
19 years$2,925$2,393$1,944$1,570$1,261$813
20 years$2,750$2,223$1,784$1,422$1,126$706
21 years$2,591$2,071$1,641$1,290$1,008$613
22 years$2,447$1,933$1,512$1,173$903$534
23 years$2,316$1,808$1,397$1,068$811$465
24 years$2,196$1,694$1,292$975$729$406
25 years$2,086$1,590$1,196$890$656$354
26 years$1,984$1,494$1,109$814$591$310
27 years$1,890$1,406$1,030$745$533$271
28 years$1,803$1,325$958$682$481$237
29 years$1,722$1,250$891$626$434$207
30 years$1,647$1,181$830$574$392$181
31 years$1,576$1,116$774$527$355$159
32 years$1,511$1,056$722$485$321$139
33 years$1,449$1,000$674$446$290$122
34 years$1,391$948$630$410$263$107
35 years$1,336$899$589$378$238$94
36 years$1,285$853$551$348$216$82
37 years$1,236$810$516$320$195$72
38 years$1,191$770$483$295$177$63
39 years$1,147$732$452$272$161$55
40 years$1,106$697$424$251$146$49
41 years$1,067$663$398$232$132$43
42 years$1,030$632$373$214$120$37
43 years$995$602$350$197$109$33
44 years$961$574$329$182$99$29
45 years$929$547$308$168$90$25
46 years$899$522$290$155$81$22
47 years$870$498$272$144$74$19
48 years$842$475$256$133$67$17
49 years$815$454$240$123$61$15
50 years$790$434$226$113$55$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $809,000, adding $6,361 every year, while hoping to spend $20,963 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: 38/39/23 Blend
74$809,000$809,000$809,000$809,000
75$898,079$855,202$842,663$925,826
76$967,379$874,803$848,588$966,166
77$1,043,045$894,661$854,008$1,007,311
78$1,125,703$914,768$858,886$1,051,358
79$1,216,046$935,112$863,179$1,098,582
80$1,314,832$955,682$866,845$1,149,287
81$1,422,899$976,465$869,839$1,203,808
82$1,541,168$997,445$872,112$1,262,512
83$1,670,655$1,018,607$873,615$1,325,806
84$1,812,476$1,039,934$874,296$1,394,139
85$1,967,863$1,061,404$874,099$1,468,005
86$2,138,170$1,082,999$872,966$1,547,949
87$2,324,891$1,104,693$870,838$1,634,572
88$2,529,669$1,126,462$867,650$1,728,538
89$2,754,315$1,148,278$863,336$1,830,577
90$3,000,823$1,170,111$857,826$1,941,496
91$3,271,390$1,191,930$851,046$2,062,185
92$3,568,437$1,213,700$842,921$2,193,624
93$3,894,628$1,235,382$833,369$2,336,895
94$4,252,900$1,256,936$822,308$2,493,192
95$4,646,489$1,278,318$809,647$2,663,830
96$5,078,956$1,299,482$795,297$2,850,260
97$5,554,229$1,320,376$779,159$3,054,083
98$6,076,633$1,340,946$761,132$3,277,064
99$6,650,931$1,361,134$741,112$3,521,148
100$7,282,374$1,380,878$718,987$3,788,484