Can I retire at age 75 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$69,119$68,503$67,902$67,316$66,744$66,323
2 years$34,217$33,580$32,962$32,363$31,783$31,358
3 years$22,585$21,945$21,329$20,736$20,164$19,749
4 years$16,770$16,132$15,522$14,939$14,381$13,979
5 years$13,282$12,648$12,046$11,474$10,932$10,544
6 years$10,957$10,328$9,735$9,176$8,650$8,277
7 years$9,297$8,673$8,090$7,544$7,035$6,676
8 years$8,053$7,434$6,861$6,329$5,836$5,491
9 years$7,086$6,473$5,909$5,391$4,915$4,585
10 years$6,312$5,706$5,152$4,647$4,188$3,872
11 years$5,680$5,079$4,535$4,044$3,602$3,300
12 years$5,153$4,559$4,025$3,547$3,121$2,833
13 years$4,708$4,120$3,596$3,132$2,722$2,447
14 years$4,327$3,745$3,231$2,780$2,386$2,124
15 years$3,997$3,421$2,917$2,479$2,101$1,852
16 years$3,708$3,139$2,645$2,220$1,857$1,620
17 years$3,454$2,891$2,407$1,995$1,646$1,422
18 years$3,228$2,671$2,197$1,797$1,464$1,251
19 years$3,026$2,476$2,011$1,624$1,305$1,104
20 years$2,845$2,300$1,846$1,471$1,165$975
21 years$2,681$2,143$1,698$1,335$1,043$863
22 years$2,532$2,000$1,565$1,214$935$765
23 years$2,396$1,871$1,445$1,105$839$679
24 years$2,272$1,753$1,336$1,008$754$604
25 years$2,158$1,645$1,238$921$679$537
26 years$2,053$1,546$1,148$842$611$478
27 years$1,956$1,455$1,066$771$551$426
28 years$1,865$1,371$991$706$497$380
29 years$1,782$1,293$922$647$449$339
30 years$1,704$1,221$859$594$406$303
31 years$1,631$1,155$801$546$367$270
32 years$1,563$1,093$747$502$332$242
33 years$1,499$1,035$698$461$300$216
34 years$1,439$981$652$424$272$193
35 years$1,383$930$609$391$246$173
36 years$1,329$883$570$360$223$155
37 years$1,279$838$534$331$202$138
38 years$1,232$797$500$306$183$124
39 years$1,187$758$468$282$166$111
40 years$1,144$721$439$260$151$99
41 years$1,104$686$411$240$137$89
42 years$1,066$654$386$221$124$80
43 years$1,029$623$362$204$113$71
44 years$994$594$340$189$102$64
45 years$961$566$319$174$93$57
46 years$930$540$300$161$84$51
47 years$900$515$282$149$77$46
48 years$871$492$265$137$70$41
49 years$844$470$249$127$63$37
50 years$817$449$234$117$57$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $837,000, adding $3,303 every year, while hoping to spend $44,342 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: 72/13/15 Blend
74$837,000$837,000$837,000$837,000
75$925,781$881,420$868,447$989,093
76$973,031$877,430$850,360$1,027,527
77$1,023,615$871,758$830,181$1,063,886
78$1,077,825$864,276$807,794$1,102,537
79$1,135,983$854,846$783,075$1,143,698
80$1,198,442$843,322$755,897$1,187,610
81$1,265,590$829,551$726,126$1,234,537
82$1,337,851$813,370$693,622$1,284,774
83$1,415,693$794,607$658,240$1,338,644
84$1,499,628$773,077$619,825$1,396,507
85$1,590,220$748,587$578,219$1,458,759
86$1,688,088$720,933$533,255$1,525,836
87$1,793,911$689,898$484,757$1,598,221
88$1,908,438$655,251$432,545$1,676,450
89$2,032,491$616,750$376,427$1,761,112
90$2,166,973$574,139$316,206$1,852,857
91$2,312,878$527,145$251,672$1,952,405
92$2,471,299$475,483$182,610$2,060,552
93$2,643,437$418,848$108,794$2,178,174
94$2,830,616$356,919$29,987$2,306,241
95$3,034,290$289,359$0$2,445,822
96$3,256,059$215,810$0$2,606,760
97$3,497,686$135,893$0$2,787,384
98$3,761,108$49,210$0$2,984,373
99$4,048,459$0$0$3,199,361
100$4,362,087$0$0$3,440,539