Can I retire at age 75 with 855,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $855,000?

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$70,605$69,976$69,363$68,764$68,179$67,892
2 years$34,953$34,302$33,671$33,059$32,466$32,176
3 years$23,071$22,417$21,787$21,182$20,598$20,314
4 years$17,130$16,479$15,856$15,260$14,691$14,415
5 years$13,567$12,920$12,305$11,721$11,168$10,901
6 years$11,193$10,550$9,944$9,374$8,836$8,580
7 years$9,497$8,860$8,264$7,707$7,186$6,940
8 years$8,226$7,594$7,008$6,465$5,962$5,725
9 years$7,238$6,612$6,036$5,507$5,021$4,793
10 years$6,448$5,828$5,262$4,747$4,278$4,060
11 years$5,802$5,189$4,633$4,131$3,679$3,471
12 years$5,264$4,657$4,112$3,624$3,188$2,989
13 years$4,810$4,209$3,673$3,199$2,780$2,590
14 years$4,420$3,826$3,301$2,840$2,437$2,256
15 years$4,083$3,495$2,980$2,533$2,146$1,973
16 years$3,788$3,206$2,702$2,268$1,897$1,732
17 years$3,528$2,953$2,459$2,037$1,682$1,526
18 years$3,297$2,729$2,244$1,836$1,495$1,347
19 years$3,091$2,529$2,055$1,659$1,333$1,192
20 years$2,906$2,350$1,886$1,503$1,190$1,057
21 years$2,738$2,189$1,734$1,364$1,065$939
22 years$2,586$2,043$1,599$1,240$955$836
23 years$2,448$1,911$1,476$1,129$857$745
24 years$2,321$1,790$1,365$1,030$770$664
25 years$2,204$1,680$1,264$941$693$593
26 years$2,097$1,579$1,173$860$624$530
27 years$1,998$1,486$1,089$787$563$475
28 years$1,906$1,400$1,012$721$508$425
29 years$1,820$1,321$942$661$459$381
30 years$1,740$1,248$877$607$414$341
31 years$1,666$1,179$818$557$375$306
32 years$1,596$1,116$763$512$339$275
33 years$1,531$1,057$713$471$307$246
34 years$1,470$1,002$666$433$278$221
35 years$1,412$950$622$399$252$199
36 years$1,358$902$582$368$228$179
37 years$1,307$856$545$339$207$161
38 years$1,258$814$510$312$187$144
39 years$1,212$774$478$288$170$130
40 years$1,169$736$448$265$154$117
41 years$1,128$701$420$245$140$105
42 years$1,089$668$394$226$127$94
43 years$1,051$636$370$209$115$85
44 years$1,016$606$347$193$104$76
45 years$982$578$326$178$95$69
46 years$950$552$306$164$86$62
47 years$919$526$288$152$78$56
48 years$890$502$270$140$71$50
49 years$862$480$254$130$64$45
50 years$835$458$239$120$59$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $855,000, adding $4,254 every year, while hoping to spend $47,405 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: 49/42/9 Blend
74$855,000$855,000$855,000$855,000
75$946,598$901,283$888,031$990,509
76$992,712$895,007$867,341$1,014,754
77$1,041,942$886,835$844,370$1,035,717
78$1,094,554$876,624$818,990$1,057,387
79$1,150,841$864,222$791,069$1,079,844
80$1,211,127$849,468$760,469$1,103,179
81$1,275,762$832,193$727,046$1,127,494
82$1,345,136$812,216$690,648$1,152,903
83$1,419,671$789,347$651,116$1,179,539
84$1,499,836$763,382$608,286$1,207,548
85$1,586,140$734,110$561,985$1,237,097
86$1,679,148$701,302$512,033$1,268,373
87$1,779,476$664,720$458,241$1,301,587
88$1,887,802$624,112$400,412$1,336,975
89$2,004,872$579,208$338,340$1,374,803
90$2,131,506$529,726$271,811$1,415,369
91$2,268,604$475,366$200,601$1,459,006
92$2,417,156$415,814$124,476$1,506,089
93$2,578,251$350,733$43,190$1,557,034
94$2,753,085$279,772$0$1,612,311
95$2,942,976$202,557$0$1,676,623
96$3,149,371$118,694$0$1,751,068
97$3,373,865$27,768$0$1,832,173
98$3,618,209$0$0$1,920,689
99$3,884,333$0$0$2,050,111
100$4,174,360$0$0$2,205,228