Can I retire at age 75 with 832,000?

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 $832,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$68,706$68,094$67,497$66,914$66,345$64,926
2 years$34,013$33,379$32,765$32,170$31,593$30,170
3 years$22,450$21,814$21,201$20,612$20,044$18,662
4 years$16,670$16,035$15,429$14,850$14,295$12,965
5 years$13,202$12,572$11,974$11,406$10,867$9,591
6 years$10,892$10,266$9,677$9,121$8,599$7,380
7 years$9,242$8,621$8,041$7,499$6,993$5,831
8 years$8,005$7,390$6,820$6,291$5,801$4,695
9 years$7,043$6,434$5,874$5,358$4,886$3,835
10 years$6,275$5,672$5,121$4,619$4,163$3,167
11 years$5,646$5,049$4,508$4,020$3,580$2,637
12 years$5,123$4,532$4,001$3,526$3,103$2,211
13 years$4,680$4,095$3,575$3,113$2,705$1,864
14 years$4,301$3,723$3,212$2,763$2,372$1,579
15 years$3,973$3,401$2,900$2,464$2,088$1,342
16 years$3,686$3,120$2,629$2,207$1,845$1,145
17 years$3,433$2,873$2,392$1,983$1,636$979
18 years$3,209$2,655$2,184$1,787$1,455$839
19 years$3,008$2,461$1,999$1,614$1,297$720
20 years$2,828$2,287$1,835$1,462$1,158$619
21 years$2,665$2,130$1,688$1,327$1,037$533
22 years$2,517$1,988$1,555$1,207$929$459
23 years$2,382$1,860$1,436$1,099$834$396
24 years$2,258$1,742$1,328$1,002$750$342
25 years$2,145$1,635$1,230$915$675$296
26 years$2,041$1,537$1,141$837$608$256
27 years$1,944$1,446$1,060$766$548$221
28 years$1,854$1,363$985$702$494$191
29 years$1,771$1,286$917$644$446$166
30 years$1,694$1,214$854$591$403$144
31 years$1,621$1,148$796$542$365$124
32 years$1,553$1,086$743$499$330$108
33 years$1,490$1,028$693$458$299$93
34 years$1,430$975$648$422$270$81
35 years$1,374$925$606$388$245$70
36 years$1,321$878$567$358$222$61
37 years$1,272$833$530$330$201$53
38 years$1,224$792$497$304$182$46
39 years$1,180$753$465$280$165$40
40 years$1,137$717$436$258$150$34
41 years$1,097$682$409$238$136$30
42 years$1,059$650$384$220$123$26
43 years$1,023$619$360$203$112$23
44 years$989$590$338$187$102$20
45 years$956$563$317$173$92$17
46 years$924$537$298$160$84$15
47 years$894$512$280$148$76$13
48 years$866$489$263$137$69$11
49 years$838$467$247$126$63$10
50 years$812$446$232$117$57$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $832,000, adding $3,875 every year, while hoping to spend $56,287 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: 49/33/18 Blend
74$832,000$832,000$832,000$832,000
75$920,861$876,765$863,869$961,173
76$954,900$859,838$832,920$972,548
77$990,524$840,194$799,047$978,819
78$1,027,836$817,642$762,094$984,426
79$1,066,947$791,978$721,895$989,328
80$1,107,977$762,986$678,280$993,482
81$1,151,056$730,438$631,068$996,848
82$1,196,326$694,092$580,071$999,383
83$1,243,941$653,692$525,093$1,001,046
84$1,294,069$608,969$465,930$1,001,795
85$1,346,892$559,637$402,367$1,001,591
86$1,402,610$505,394$334,181$1,000,396
87$1,461,438$445,920$261,138$998,171
88$1,523,613$380,878$182,994$994,884
89$1,589,393$309,913$99,496$990,502
90$1,659,059$232,647$10,377$984,998
91$1,732,919$148,682$0$978,349
92$1,811,309$57,600$0$986,811
93$1,894,596$0$0$997,284
94$1,983,182$0$0$1,022,731
95$2,077,507$0$0$1,072,148
96$2,178,052$0$0$1,124,876
97$2,285,345$0$0$1,181,199
98$2,399,963$0$0$1,241,426
99$2,522,540$0$0$1,305,898
100$2,653,770$0$0$1,374,989