Can I retire at age 75 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$68,128$67,521$66,929$66,351$65,787$64,750
2 years$33,727$33,098$32,490$31,899$31,327$30,285
3 years$22,261$21,630$21,023$20,438$19,875$18,861
4 years$16,529$15,900$15,299$14,725$14,175$13,196
5 years$13,091$12,466$11,873$11,310$10,776$9,835
6 years$10,800$10,180$9,595$9,045$8,526$7,624
7 years$9,164$8,549$7,974$7,436$6,934$6,072
8 years$7,938$7,328$6,762$6,238$5,753$4,929
9 years$6,984$6,380$5,824$5,313$4,845$4,060
10 years$6,222$5,624$5,078$4,580$4,128$3,381
11 years$5,599$5,007$4,470$3,986$3,550$2,841
12 years$5,080$4,494$3,967$3,496$3,076$2,404
13 years$4,641$4,061$3,545$3,087$2,683$2,045
14 years$4,265$3,691$3,185$2,740$2,352$1,749
15 years$3,940$3,372$2,875$2,444$2,071$1,501
16 years$3,655$3,094$2,607$2,188$1,830$1,293
17 years$3,404$2,849$2,372$1,966$1,623$1,116
18 years$3,182$2,633$2,166$1,772$1,443$966
19 years$2,983$2,440$1,982$1,601$1,286$838
20 years$2,804$2,267$1,819$1,450$1,149$728
21 years$2,642$2,112$1,674$1,316$1,028$634
22 years$2,496$1,972$1,542$1,196$921$552
23 years$2,362$1,844$1,424$1,090$827$482
24 years$2,239$1,728$1,317$994$743$420
25 years$2,127$1,621$1,220$908$669$367
26 years$2,023$1,524$1,131$830$603$321
27 years$1,928$1,434$1,051$760$543$281
28 years$1,839$1,351$977$696$490$246
29 years$1,756$1,275$909$638$443$215
30 years$1,679$1,204$847$586$400$189
31 years$1,608$1,138$789$538$362$165
32 years$1,540$1,077$736$494$327$145
33 years$1,477$1,020$688$455$296$127
34 years$1,418$967$642$418$268$112
35 years$1,363$917$601$385$243$98
36 years$1,310$870$562$355$220$86
37 years$1,261$826$526$327$199$75
38 years$1,214$785$492$301$181$66
39 years$1,170$747$461$278$164$58
40 years$1,128$711$432$256$149$51
41 years$1,088$676$406$236$135$45
42 years$1,050$644$380$218$122$39
43 years$1,014$614$357$201$111$35
44 years$980$585$335$186$101$30
45 years$948$558$315$172$92$27
46 years$917$532$295$159$83$23
47 years$887$508$278$147$75$21
48 years$859$485$261$135$69$18
49 years$831$463$245$125$62$16
50 years$805$442$231$116$57$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $825,000, adding $2,543 every year, while hoping to spend $46,555 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: 79/11/10 Blend
74$825,000$825,000$825,000$825,000
75$911,773$868,048$855,261$982,092
76$955,240$861,048$834,378$1,021,626
77$1,001,580$852,145$811,235$1,058,689
78$1,051,037$841,196$785,707$1,097,988
79$1,103,879$828,051$757,664$1,139,724
80$1,160,398$812,549$726,969$1,184,120
81$1,220,915$794,521$693,480$1,231,422
82$1,285,783$773,787$657,046$1,281,900
83$1,355,389$750,158$617,513$1,335,852
84$1,430,155$723,433$574,716$1,393,609
85$1,510,548$693,398$528,487$1,455,532
86$1,597,079$659,829$478,645$1,522,023
87$1,690,307$622,487$425,007$1,593,524
88$1,790,851$581,121$367,376$1,670,522
89$1,899,385$535,464$305,552$1,753,554
90$2,016,656$485,235$239,321$1,843,215
91$2,143,479$430,136$168,462$1,940,159
92$2,280,754$369,852$92,745$2,045,108
93$2,429,467$304,052$11,929$2,158,859
94$2,590,706$232,383$0$2,282,291
95$2,765,665$154,477$0$2,424,305
96$2,955,656$69,940$0$2,579,913
97$3,162,125$0$0$2,749,053
98$3,386,662$0$0$2,935,677
99$3,631,014$0$0$3,148,005
100$3,897,105$0$0$3,379,247