Can I retire at age 75 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$67,550$66,948$66,361$65,788$65,228$64,845
2 years$33,440$32,818$32,214$31,629$31,061$30,674
3 years$22,072$21,447$20,845$20,265$19,706$19,328
4 years$16,389$15,766$15,170$14,600$14,055$13,688
5 years$12,980$12,360$11,772$11,214$10,684$10,330
6 years$10,708$10,093$9,514$8,968$8,454$8,112
7 years$9,086$8,476$7,906$7,373$6,875$6,547
8 years$7,870$7,266$6,705$6,185$5,704$5,389
9 years$6,925$6,326$5,775$5,268$4,803$4,501
10 years$6,169$5,576$5,035$4,541$4,093$3,804
11 years$5,551$4,964$4,432$3,952$3,520$3,244
12 years$5,036$4,456$3,934$3,467$3,050$2,787
13 years$4,601$4,027$3,514$3,061$2,660$2,409
14 years$4,229$3,660$3,158$2,717$2,332$2,092
15 years$3,906$3,343$2,851$2,423$2,053$1,825
16 years$3,624$3,068$2,585$2,169$1,814$1,598
17 years$3,375$2,825$2,352$1,949$1,609$1,404
18 years$3,155$2,611$2,147$1,757$1,430$1,236
19 years$2,957$2,419$1,966$1,587$1,275$1,091
20 years$2,780$2,248$1,804$1,438$1,139$965
21 years$2,620$2,094$1,659$1,305$1,019$854
22 years$2,474$1,955$1,529$1,186$914$758
23 years$2,342$1,828$1,412$1,080$820$673
24 years$2,220$1,713$1,306$985$737$599
25 years$2,109$1,608$1,210$900$663$533
26 years$2,006$1,511$1,122$823$597$475
27 years$1,911$1,422$1,042$753$539$424
28 years$1,823$1,340$968$690$486$378
29 years$1,741$1,264$901$633$439$338
30 years$1,665$1,194$839$581$397$302
31 years$1,594$1,128$783$533$359$270
32 years$1,527$1,068$730$490$324$241
33 years$1,465$1,011$682$451$293$216
34 years$1,406$958$637$415$266$193
35 years$1,351$909$596$382$241$173
36 years$1,299$863$557$352$218$155
37 years$1,250$819$521$324$198$139
38 years$1,204$779$488$299$179$124
39 years$1,160$741$457$275$162$111
40 years$1,118$705$429$254$147$100
41 years$1,079$671$402$234$134$89
42 years$1,041$639$377$216$121$80
43 years$1,006$609$354$200$110$72
44 years$972$580$332$184$100$65
45 years$940$553$312$170$91$58
46 years$909$528$293$157$82$52
47 years$879$504$275$145$75$47
48 years$851$481$259$134$68$42
49 years$824$459$243$124$62$37
50 years$799$439$229$115$56$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $818,000, adding $4,171 every year, while hoping to spend $43,307 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: 72/15/13 Blend
74$818,000$818,000$818,000$818,000
75$905,738$862,384$849,705$968,141
76$952,045$858,563$832,092$1,006,205
77$1,001,624$853,103$812,438$1,042,166
78$1,054,763$845,878$790,627$1,080,389
79$1,111,777$836,754$766,542$1,121,087
80$1,173,014$825,591$740,057$1,164,495
81$1,238,854$812,238$711,041$1,210,876
82$1,309,715$796,535$679,359$1,260,516
83$1,386,055$778,314$644,866$1,313,735
84$1,468,379$757,398$607,415$1,370,884
85$1,557,239$733,596$566,849$1,432,353
86$1,653,244$706,709$523,006$1,498,569
87$1,757,063$676,525$475,714$1,570,008
88$1,869,429$642,821$424,796$1,647,194
89$1,991,151$605,359$370,067$1,730,704
90$2,123,116$563,890$311,332$1,821,179
91$2,266,302$518,147$248,389$1,919,324
92$2,421,780$467,852$181,026$2,025,920
93$2,590,734$412,709$109,022$2,141,826
94$2,774,461$352,405$32,147$2,267,995
95$2,974,393$286,609$0$2,405,476
96$3,192,100$214,972$0$2,562,350
97$3,429,315$137,127$0$2,738,184
98$3,687,942$52,683$0$2,929,964
99$3,970,077$0$0$3,139,290
100$4,278,028$0$0$3,374,323