Can I retire at age 75 with 809,000?

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 $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%14%
1 years$66,806$66,211$65,631$65,064$64,511$63,442
2 years$33,073$32,457$31,860$31,281$30,719$29,646
3 years$21,829$21,211$20,615$20,042$19,490$18,445
4 years$16,209$15,592$15,003$14,439$13,900$12,892
5 years$12,837$12,224$11,643$11,091$10,567$9,598
6 years$10,591$9,982$9,409$8,869$8,361$7,433
7 years$8,986$8,383$7,819$7,292$6,800$5,912
8 years$7,784$7,186$6,631$6,117$5,641$4,794
9 years$6,849$6,257$5,711$5,210$4,751$3,944
10 years$6,101$5,515$4,979$4,491$4,048$3,281
11 years$5,490$4,910$4,384$3,909$3,481$2,753
12 years$4,981$4,407$3,890$3,429$3,017$2,326
13 years$4,551$3,982$3,476$3,027$2,631$1,977
14 years$4,182$3,620$3,123$2,687$2,306$1,688
15 years$3,863$3,307$2,820$2,396$2,030$1,447
16 years$3,584$3,034$2,556$2,146$1,794$1,244
17 years$3,338$2,794$2,326$1,928$1,591$1,073
18 years$3,120$2,582$2,124$1,737$1,415$928
19 years$2,925$2,393$1,944$1,570$1,261$803
20 years$2,750$2,223$1,784$1,422$1,126$697
21 years$2,591$2,071$1,641$1,290$1,008$606
22 years$2,447$1,933$1,512$1,173$903$527
23 years$2,316$1,808$1,397$1,068$811$459
24 years$2,196$1,694$1,292$975$729$400
25 years$2,086$1,590$1,196$890$656$349
26 years$1,984$1,494$1,109$814$591$305
27 years$1,890$1,406$1,030$745$533$266
28 years$1,803$1,325$958$682$481$232
29 years$1,722$1,250$891$626$434$203
30 years$1,647$1,181$830$574$392$178
31 years$1,576$1,116$774$527$355$156
32 years$1,511$1,056$722$485$321$136
33 years$1,449$1,000$674$446$290$119
34 years$1,391$948$630$410$263$104
35 years$1,336$899$589$378$238$91
36 years$1,285$853$551$348$216$80
37 years$1,236$810$516$320$195$70
38 years$1,191$770$483$295$177$62
39 years$1,147$732$452$272$161$54
40 years$1,106$697$424$251$146$47
41 years$1,067$663$398$232$132$41
42 years$1,030$632$373$214$120$36
43 years$995$602$350$197$109$32
44 years$961$574$329$182$99$28
45 years$929$547$308$168$90$24
46 years$899$522$290$155$81$21
47 years$870$498$272$144$74$19
48 years$842$475$256$133$67$17
49 years$815$454$240$123$61$14
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 $3,331 every year, while hoping to spend $36,063 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: 71/11/18 Blend
74$809,000$809,000$809,000$809,000
75$894,954$852,077$839,537$954,442
76$947,868$855,458$829,291$997,833
77$1,004,972$857,796$817,493$1,040,688
78$1,066,653$859,002$804,053$1,086,691
79$1,133,339$858,981$788,876$1,136,150
80$1,205,501$857,632$771,865$1,189,402
81$1,283,655$854,849$752,915$1,246,820
82$1,368,369$850,518$731,920$1,308,815
83$1,460,268$844,519$708,765$1,375,841
84$1,560,040$836,724$683,332$1,448,399
85$1,668,438$826,999$655,499$1,527,042
86$1,786,296$815,199$625,135$1,612,380
87$1,914,527$801,172$592,106$1,705,086
88$2,054,138$784,758$556,270$1,805,902
89$2,206,235$765,787$517,480$1,915,648
90$2,372,037$744,076$475,582$2,035,227
91$2,552,885$719,436$430,414$2,165,637
92$2,750,255$691,664$381,809$2,307,978
93$2,965,772$660,546$329,590$2,463,463
94$3,201,223$625,856$273,574$2,633,433
95$3,458,578$587,353$213,569$2,819,365
96$3,740,004$544,785$149,375$3,022,887
97$4,047,889$497,883$80,783$3,245,798
98$4,384,859$446,365$7,575$3,490,081
99$4,753,809$389,932$0$3,757,924
100$5,157,926$328,266$0$4,065,289