Can I retire at age 75 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$70,192$69,567$68,957$68,362$67,780$66,412
2 years$34,749$34,101$33,474$32,866$32,276$30,904
3 years$22,936$22,286$21,660$21,058$20,477$19,143
4 years$17,030$16,382$15,763$15,171$14,605$13,319
5 years$13,488$12,844$12,233$11,653$11,102$9,869
6 years$11,127$10,488$9,886$9,319$8,785$7,606
7 years$9,442$8,808$8,215$7,661$7,144$6,020
8 years$8,178$7,550$6,967$6,427$5,927$4,856
9 years$7,196$6,574$6,001$5,474$4,991$3,973
10 years$6,410$5,794$5,232$4,719$4,253$3,287
11 years$5,768$5,158$4,606$4,107$3,658$2,743
12 years$5,234$4,630$4,088$3,602$3,170$2,304
13 years$4,781$4,184$3,652$3,180$2,764$1,947
14 years$4,394$3,803$3,281$2,823$2,423$1,652
15 years$4,059$3,474$2,963$2,518$2,133$1,407
16 years$3,766$3,188$2,686$2,254$1,885$1,203
17 years$3,507$2,936$2,444$2,026$1,672$1,030
18 years$3,278$2,713$2,231$1,825$1,486$885
19 years$3,073$2,514$2,043$1,649$1,325$761
20 years$2,889$2,336$1,875$1,494$1,183$656
21 years$2,722$2,176$1,724$1,356$1,059$566
22 years$2,571$2,031$1,589$1,233$949$489
23 years$2,433$1,900$1,467$1,123$852$423
24 years$2,307$1,780$1,357$1,024$766$366
25 years$2,191$1,670$1,257$935$689$317
26 years$2,085$1,570$1,166$855$621$275
27 years$1,986$1,478$1,082$783$560$238
28 years$1,894$1,392$1,006$717$505$207
29 years$1,809$1,313$936$658$456$179
30 years$1,730$1,240$872$603$412$156
31 years$1,656$1,173$813$554$373$135
32 years$1,587$1,109$759$509$337$118
33 years$1,522$1,051$708$468$305$102
34 years$1,461$996$662$431$276$89
35 years$1,404$945$619$397$250$77
36 years$1,350$897$579$365$227$67
37 years$1,299$851$542$337$205$58
38 years$1,251$809$507$310$186$51
39 years$1,205$769$475$286$169$44
40 years$1,162$732$446$264$153$38
41 years$1,121$697$418$243$139$33
42 years$1,082$664$392$225$126$29
43 years$1,045$632$368$207$114$25
44 years$1,010$603$345$192$104$22
45 years$976$575$324$177$94$19
46 years$944$548$304$163$86$17
47 years$914$523$286$151$78$14
48 years$885$500$269$139$71$13
49 years$857$477$253$129$64$11
50 years$830$456$238$119$58$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $850,000, adding $2,689 every year, while hoping to spend $36,180 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: 72/16/12 Blend
74$850,000$850,000$850,000$850,000
75$939,474$894,424$881,249$1,004,592
76$996,805$899,755$872,275$1,053,383
77$1,058,771$904,135$861,789$1,102,087
78$1,125,807$907,479$849,700$1,154,445
79$1,198,391$909,697$835,916$1,210,809
80$1,277,047$910,693$820,340$1,271,566
81$1,362,353$910,364$802,869$1,337,147
82$1,454,945$908,603$783,396$1,408,023
83$1,555,520$905,296$761,811$1,484,716
84$1,664,847$900,320$737,996$1,567,801
85$1,783,772$893,546$711,829$1,657,911
86$1,913,224$884,837$683,183$1,755,745
87$2,054,227$874,047$651,923$1,862,076
88$2,207,906$861,024$617,910$1,977,752
89$2,375,501$845,603$580,999$2,103,713
90$2,558,376$827,611$541,037$2,240,993
91$2,758,033$806,867$497,864$2,390,732
92$2,976,123$783,174$451,313$2,554,188
93$3,214,467$756,329$401,212$2,732,751
94$3,475,068$726,114$347,377$2,927,949
95$3,760,131$692,300$289,621$3,141,472
96$4,072,084$654,643$227,743$3,375,180
97$4,413,602$612,885$161,537$3,631,127
98$4,787,629$566,756$90,788$3,911,577
99$5,197,407$515,968$15,270$4,219,026
100$5,646,508$460,216$0$4,556,228