Can I retire at age 75 with 833,000?

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 $833,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$68,788$68,176$67,578$66,994$66,425$66,145
2 years$34,054$33,419$32,805$32,209$31,631$31,348
3 years$22,477$21,840$21,227$20,637$20,068$19,791
4 years$16,690$16,055$15,448$14,867$14,313$14,044
5 years$13,218$12,587$11,988$11,420$10,880$10,621
6 years$10,905$10,278$9,688$9,132$8,609$8,359
7 years$9,253$8,632$8,051$7,508$7,002$6,761
8 years$8,015$7,399$6,828$6,298$5,808$5,577
9 years$7,052$6,442$5,881$5,365$4,892$4,670
10 years$6,282$5,678$5,127$4,625$4,168$3,956
11 years$5,653$5,055$4,514$4,025$3,584$3,381
12 years$5,129$4,537$4,006$3,530$3,106$2,912
13 years$4,686$4,100$3,579$3,117$2,709$2,523
14 years$4,306$3,727$3,216$2,767$2,374$2,198
15 years$3,978$3,405$2,903$2,467$2,091$1,923
16 years$3,691$3,124$2,632$2,209$1,848$1,688
17 years$3,437$2,877$2,395$1,985$1,638$1,486
18 years$3,213$2,658$2,187$1,789$1,457$1,313
19 years$3,012$2,464$2,002$1,616$1,298$1,162
20 years$2,831$2,289$1,837$1,464$1,160$1,030
21 years$2,668$2,133$1,690$1,329$1,038$915
22 years$2,520$1,991$1,557$1,208$930$814
23 years$2,385$1,862$1,438$1,100$835$726
24 years$2,261$1,744$1,330$1,003$751$647
25 years$2,148$1,637$1,232$916$675$578
26 years$2,043$1,539$1,142$838$608$517
27 years$1,946$1,448$1,061$767$549$462
28 years$1,857$1,364$986$703$495$414
29 years$1,773$1,287$918$644$447$371
30 years$1,696$1,216$855$591$404$332
31 years$1,623$1,149$797$543$365$298
32 years$1,555$1,087$744$499$330$267
33 years$1,492$1,030$694$459$299$240
34 years$1,432$976$649$422$271$216
35 years$1,376$926$606$389$245$194
36 years$1,323$879$567$358$222$174
37 years$1,273$834$531$330$201$156
38 years$1,226$793$497$304$182$141
39 years$1,181$754$466$280$165$126
40 years$1,139$717$437$259$150$114
41 years$1,099$683$409$239$136$102
42 years$1,061$650$384$220$124$92
43 years$1,024$620$360$203$112$83
44 years$990$591$338$188$102$74
45 years$957$563$318$173$92$67
46 years$925$537$298$160$84$60
47 years$895$513$280$148$76$54
48 years$867$490$263$137$69$49
49 years$839$467$248$126$63$44
50 years$813$447$233$117$57$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $833,000, adding $2,862 every year, while hoping to spend $49,166 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: 51/37/12 Blend
74$833,000$833,000$833,000$833,000
75$920,918$876,769$863,858$964,791
76$962,540$867,419$840,485$985,755
77$1,006,759$855,962$814,681$1,003,082
78$1,053,788$842,244$786,313$1,020,797
79$1,103,861$826,101$755,241$1,038,950
80$1,157,234$807,359$721,320$1,057,599
81$1,214,184$785,832$684,397$1,076,811
82$1,275,020$761,326$644,313$1,096,662
83$1,340,076$733,635$600,901$1,117,240
84$1,409,720$702,540$553,988$1,138,646
85$1,484,356$667,809$503,391$1,160,994
86$1,564,426$629,198$448,921$1,184,415
87$1,650,417$586,447$390,379$1,209,057
88$1,742,861$539,285$327,558$1,235,088
89$1,842,343$487,420$260,242$1,262,698
90$1,949,506$430,548$188,204$1,292,101
91$2,065,056$368,346$111,210$1,323,540
92$2,189,769$300,471$29,012$1,357,287
93$2,324,495$226,564$0$1,393,650
94$2,470,172$146,244$0$1,440,491
95$2,627,828$59,109$0$1,495,133
96$2,798,595$0$0$1,554,329
97$2,983,715$0$0$1,632,962
98$3,184,557$0$0$1,744,456
99$3,402,626$0$0$1,865,586
100$3,639,574$0$0$1,997,283