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%12.1%
1 years$66,972$66,375$65,793$65,225$64,670$64,102
2 years$33,154$32,537$31,938$31,358$30,795$30,222
3 years$21,883$21,263$20,666$20,091$19,538$18,978
4 years$16,249$15,631$15,040$14,475$13,935$13,393
5 years$12,869$12,255$11,671$11,118$10,593$10,070
6 years$10,617$10,007$9,432$8,891$8,382$7,879
7 years$9,008$8,404$7,838$7,310$6,817$6,334
8 years$7,803$7,204$6,647$6,132$5,655$5,193
9 years$6,866$6,272$5,725$5,223$4,762$4,320
10 years$6,116$5,528$4,992$4,502$4,058$3,635
11 years$5,504$4,922$4,395$3,918$3,490$3,087
12 years$4,993$4,417$3,900$3,437$3,024$2,640
13 years$4,562$3,992$3,484$3,034$2,637$2,272
14 years$4,193$3,629$3,131$2,694$2,312$1,964
15 years$3,873$3,315$2,827$2,402$2,035$1,706
16 years$3,593$3,041$2,563$2,151$1,799$1,486
17 years$3,347$2,801$2,332$1,933$1,595$1,299
18 years$3,128$2,588$2,129$1,742$1,418$1,138
19 years$2,932$2,399$1,949$1,574$1,264$1,000
20 years$2,756$2,229$1,789$1,425$1,129$879
21 years$2,597$2,076$1,645$1,294$1,010$775
22 years$2,453$1,938$1,516$1,176$906$684
23 years$2,322$1,813$1,400$1,071$813$604
24 years$2,201$1,698$1,295$977$731$535
25 years$2,091$1,594$1,199$892$658$473
26 years$1,989$1,498$1,112$816$592$420
27 years$1,895$1,410$1,033$747$534$372
28 years$1,808$1,328$960$684$482$330
29 years$1,726$1,253$893$627$435$293
30 years$1,651$1,183$832$576$393$261
31 years$1,580$1,119$776$529$355$232
32 years$1,514$1,059$724$486$322$206
33 years$1,452$1,003$676$447$291$183
34 years$1,394$950$632$411$263$163
35 years$1,340$901$590$379$239$145
36 years$1,288$855$552$349$216$129
37 years$1,239$812$517$321$196$115
38 years$1,193$772$484$296$178$102
39 years$1,150$734$454$273$161$91
40 years$1,109$698$425$252$146$81
41 years$1,070$665$399$232$133$72
42 years$1,033$633$374$214$120$65
43 years$997$603$351$198$109$58
44 years$964$575$329$183$99$51
45 years$932$548$309$169$90$46
46 years$901$523$290$156$82$41
47 years$872$499$273$144$74$36
48 years$844$477$256$133$67$32
49 years$817$455$241$123$61$29
50 years$792$435$227$114$56$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $811,000, adding $2,917 every year, while hoping to spend $30,757 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: 35/49/16 Blend
74$811,000$811,000$811,000$811,000
75$896,731$853,748$841,177$923,605
76$955,472$862,856$836,632$952,517
77$1,019,174$871,380$830,903$980,588
78$1,088,311$879,258$823,919$1,010,218
79$1,163,402$886,426$815,604$1,041,561
80$1,245,022$892,813$805,879$1,074,791
81$1,333,799$898,347$794,661$1,110,097
82$1,430,429$902,947$781,864$1,147,694
83$1,535,672$906,532$767,397$1,187,818
84$1,650,370$909,011$751,164$1,230,730
85$1,775,446$910,291$733,066$1,276,723
86$1,911,917$910,270$712,999$1,326,120
87$2,060,902$908,843$690,854$1,379,279
88$2,223,634$905,896$666,517$1,436,600
89$2,401,469$901,309$639,870$1,498,524
90$2,595,900$894,955$610,787$1,565,541
91$2,808,572$886,698$579,138$1,638,195
92$3,041,295$876,394$544,788$1,717,086
93$3,296,062$863,893$507,593$1,802,884
94$3,575,069$849,033$467,407$1,896,327
95$3,880,734$831,643$424,072$1,998,235
96$4,215,718$811,542$377,428$2,109,514
97$4,582,953$788,540$327,304$2,231,170
98$4,985,669$762,434$273,524$2,364,314
99$5,427,423$733,009$215,902$2,510,178
100$5,912,132$700,038$154,247$2,670,125