Can I retire at age 75 with 821,000?

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 $821,000?

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$67,797$67,194$66,604$66,029$65,468$64,383
2 years$33,563$32,938$32,332$31,745$31,175$30,086
3 years$22,153$21,525$20,921$20,339$19,779$18,718
4 years$16,449$15,823$15,225$14,653$14,106$13,083
5 years$13,028$12,406$11,815$11,255$10,723$9,740
6 years$10,748$10,130$9,549$9,001$8,485$7,543
7 years$9,120$8,507$7,935$7,400$6,901$6,000
8 years$7,899$7,292$6,729$6,208$5,725$4,865
9 years$6,950$6,349$5,796$5,288$4,821$4,003
10 years$6,192$5,597$5,053$4,558$4,108$3,329
11 years$5,571$4,982$4,449$3,967$3,533$2,794
12 years$5,055$4,472$3,948$3,479$3,061$2,361
13 years$4,618$4,041$3,527$3,072$2,670$2,006
14 years$4,244$3,673$3,169$2,727$2,340$1,713
15 years$3,920$3,356$2,862$2,432$2,061$1,469
16 years$3,637$3,079$2,594$2,177$1,821$1,263
17 years$3,388$2,835$2,361$1,956$1,615$1,089
18 years$3,166$2,620$2,155$1,763$1,436$941
19 years$2,968$2,428$1,973$1,593$1,280$815
20 years$2,790$2,256$1,811$1,443$1,143$707
21 years$2,630$2,102$1,665$1,310$1,023$615
22 years$2,484$1,962$1,535$1,191$917$535
23 years$2,350$1,835$1,417$1,084$823$466
24 years$2,229$1,719$1,311$989$740$406
25 years$2,117$1,613$1,214$903$666$354
26 years$2,014$1,516$1,126$826$600$309
27 years$1,918$1,427$1,045$756$541$270
28 years$1,830$1,345$972$693$488$236
29 years$1,748$1,269$904$635$440$206
30 years$1,671$1,198$842$583$398$180
31 years$1,600$1,133$785$535$360$158
32 years$1,533$1,072$733$492$325$138
33 years$1,470$1,015$684$452$295$121
34 years$1,411$962$639$416$267$106
35 years$1,356$912$598$383$242$93
36 years$1,304$866$559$353$219$81
37 years$1,255$822$523$325$198$71
38 years$1,208$782$490$300$180$62
39 years$1,164$743$459$276$163$55
40 years$1,122$707$430$255$148$48
41 years$1,083$673$404$235$134$42
42 years$1,045$641$379$217$122$37
43 years$1,009$611$355$200$111$32
44 years$975$582$333$185$100$28
45 years$943$555$313$171$91$25
46 years$912$530$294$158$83$22
47 years$883$505$276$146$75$19
48 years$854$482$260$135$68$17
49 years$827$461$244$125$62$15
50 years$802$440$229$115$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $821,000, adding $4,882 every year, while hoping to spend $49,141 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: 79/9/12 Blend
74$821,000$821,000$821,000$821,000
75$909,778$866,265$853,539$979,226
76$950,289$856,426$829,847$1,015,730
77$993,286$844,458$803,714$1,048,938
78$1,038,970$830,205$775,007$1,083,954
79$1,087,561$813,501$743,586$1,120,939
80$1,139,301$794,172$709,305$1,160,067
81$1,194,453$772,030$672,011$1,201,532
82$1,253,308$746,880$631,544$1,245,548
83$1,316,183$718,514$587,737$1,292,351
84$1,383,424$686,712$540,417$1,342,201
85$1,455,413$651,240$489,400$1,395,385
86$1,532,567$611,853$434,498$1,452,220
87$1,615,346$568,291$375,510$1,513,057
88$1,704,251$520,277$312,230$1,578,281
89$1,799,835$467,521$244,440$1,648,319
90$1,902,703$409,715$171,914$1,723,642
91$2,013,522$346,534$94,416$1,804,769
92$2,133,022$277,634$11,699$1,892,273
93$2,262,005$202,654$0$1,986,787
94$2,401,355$121,208$0$2,098,815
95$2,552,039$32,894$0$2,221,560
96$2,715,125$0$0$2,354,408
97$2,891,782$0$0$2,504,549
98$3,083,300$0$0$2,670,871
99$3,291,094$0$0$2,851,351
100$3,516,722$0$0$3,047,343