Can I retire at age 75 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$66,972$66,375$65,793$65,225$64,670$63,704
2 years$33,154$32,537$31,938$31,358$30,795$29,824
3 years$21,883$21,263$20,666$20,091$19,538$18,592
4 years$16,249$15,631$15,040$14,475$13,935$13,021
5 years$12,869$12,255$11,671$11,118$10,593$9,714
6 years$10,617$10,007$9,432$8,891$8,382$7,539
7 years$9,008$8,404$7,838$7,310$6,817$6,010
8 years$7,803$7,204$6,647$6,132$5,655$4,885
9 years$6,866$6,272$5,725$5,223$4,762$4,028
10 years$6,116$5,528$4,992$4,502$4,058$3,359
11 years$5,504$4,922$4,395$3,918$3,490$2,826
12 years$4,993$4,417$3,900$3,437$3,024$2,394
13 years$4,562$3,992$3,484$3,034$2,637$2,040
14 years$4,193$3,629$3,131$2,694$2,312$1,746
15 years$3,873$3,315$2,827$2,402$2,035$1,501
16 years$3,593$3,041$2,563$2,151$1,799$1,295
17 years$3,347$2,801$2,332$1,933$1,595$1,120
18 years$3,128$2,588$2,129$1,742$1,418$971
19 years$2,932$2,399$1,949$1,574$1,264$843
20 years$2,756$2,229$1,789$1,425$1,129$734
21 years$2,597$2,076$1,645$1,294$1,010$639
22 years$2,453$1,938$1,516$1,176$906$558
23 years$2,322$1,813$1,400$1,071$813$487
24 years$2,201$1,698$1,295$977$731$426
25 years$2,091$1,594$1,199$892$658$373
26 years$1,989$1,498$1,112$816$592$327
27 years$1,895$1,410$1,033$747$534$286
28 years$1,808$1,328$960$684$482$251
29 years$1,726$1,253$893$627$435$220
30 years$1,651$1,183$832$576$393$193
31 years$1,580$1,119$776$529$355$170
32 years$1,514$1,059$724$486$322$149
33 years$1,452$1,003$676$447$291$131
34 years$1,394$950$632$411$263$115
35 years$1,340$901$590$379$239$101
36 years$1,288$855$552$349$216$89
37 years$1,239$812$517$321$196$78
38 years$1,193$772$484$296$178$69
39 years$1,150$734$454$273$161$60
40 years$1,109$698$425$252$146$53
41 years$1,070$665$399$232$133$47
42 years$1,033$633$374$214$120$41
43 years$997$603$351$198$109$36
44 years$964$575$329$183$99$32
45 years$932$548$309$169$90$28
46 years$901$523$290$156$82$25
47 years$872$499$273$144$74$22
48 years$844$477$256$133$67$19
49 years$817$455$241$123$61$17
50 years$792$435$227$114$56$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $811,000, adding $5,379 every year, while hoping to spend $30,880 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: 75/13/12 Blend
74$811,000$811,000$811,000$811,000
75$899,270$856,287$843,717$964,175
76$958,140$865,389$839,125$1,016,839
77$1,021,979$873,902$833,345$1,070,136
78$1,091,262$881,765$826,303$1,127,690
79$1,166,511$888,912$817,925$1,189,915
80$1,248,300$895,273$808,130$1,257,264
81$1,337,259$900,774$796,835$1,330,240
82$1,434,084$905,336$783,953$1,409,395
83$1,539,538$908,875$769,392$1,495,338
84$1,654,462$911,301$753,059$1,588,740
85$1,779,782$912,520$734,851$1,690,341
86$1,916,517$912,430$714,666$1,800,955
87$2,065,787$910,925$692,392$1,921,482
88$2,228,827$907,890$667,917$2,052,912
89$2,406,996$903,205$641,121$2,196,336
90$2,601,789$896,741$611,878$2,352,959
91$2,814,853$888,363$580,057$2,524,107
92$3,048,001$877,927$545,523$2,711,241
93$3,303,231$865,279$508,132$2,915,974
94$3,582,741$850,257$467,734$3,140,083
95$3,888,952$832,692$424,175$3,385,525
96$4,224,531$812,399$377,290$3,654,462
97$4,592,414$789,188$326,911$3,949,271
98$4,995,837$762,854$272,858$4,272,577
99$5,438,360$733,183$214,948$4,627,273
100$5,923,910$699,945$152,985$5,016,546