Can I retire at age 75 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$71,348$70,713$70,093$69,488$68,897$66,745
2 years$35,321$34,663$34,026$33,407$32,808$30,659
3 years$23,313$22,653$22,017$21,404$20,815$18,736
4 years$17,311$16,652$16,023$15,421$14,845$12,853
5 years$13,710$13,055$12,434$11,845$11,285$9,385
6 years$11,311$10,661$10,049$9,472$8,930$7,123
7 years$9,597$8,953$8,350$7,788$7,262$5,548
8 years$8,313$7,674$7,082$6,533$6,025$4,403
9 years$7,314$6,682$6,100$5,565$5,074$3,542
10 years$6,516$5,890$5,318$4,797$4,323$2,880
11 years$5,863$5,243$4,682$4,175$3,718$2,360
12 years$5,320$4,706$4,155$3,662$3,222$1,947
13 years$4,860$4,253$3,712$3,233$2,810$1,614
14 years$4,467$3,866$3,335$2,870$2,463$1,344
15 years$4,126$3,531$3,011$2,559$2,168$1,122
16 years$3,828$3,240$2,730$2,291$1,916$940
17 years$3,565$2,984$2,484$2,059$1,699$789
18 years$3,332$2,757$2,268$1,855$1,511$664
19 years$3,124$2,555$2,076$1,677$1,347$559
20 years$2,936$2,375$1,905$1,518$1,203$472
21 years$2,767$2,212$1,753$1,378$1,076$399
22 years$2,614$2,065$1,615$1,253$965$337
23 years$2,474$1,931$1,491$1,141$866$285
24 years$2,345$1,809$1,379$1,041$779$241
25 years$2,228$1,698$1,278$951$701$204
26 years$2,119$1,596$1,185$869$631$173
27 years$2,019$1,502$1,100$795$569$147
28 years$1,926$1,415$1,023$729$513$125
29 years$1,839$1,335$952$668$464$106
30 years$1,759$1,261$887$613$419$90
31 years$1,684$1,192$827$563$379$76
32 years$1,613$1,128$771$518$343$65
33 years$1,547$1,068$720$476$310$55
34 years$1,485$1,012$673$438$281$47
35 years$1,427$960$629$403$254$40
36 years$1,372$911$588$371$230$34
37 years$1,320$865$551$342$209$28
38 years$1,271$823$516$315$189$24
39 years$1,225$782$483$291$172$21
40 years$1,181$744$453$268$156$17
41 years$1,140$708$425$247$141$15
42 years$1,100$675$398$228$128$13
43 years$1,062$643$374$211$116$11
44 years$1,027$613$351$195$106$9
45 years$992$584$329$180$96$8
46 years$960$557$309$166$87$7
47 years$929$532$291$153$79$6
48 years$899$508$273$142$72$5
49 years$871$485$257$131$65$4
50 years$844$463$241$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $864,000, adding $2,618 every year, while hoping to spend $31,602 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: 55/29/16 Blend
74$864,000$864,000$864,000$864,000
75$954,828$909,036$895,644$1,003,159
76$1,018,597$919,955$892,024$1,047,280
77$1,087,810$930,349$887,224$1,091,679
78$1,162,991$940,160$881,170$1,139,312
79$1,244,713$949,325$873,786$1,190,496
80$1,333,608$957,777$864,992$1,245,581
81$1,430,372$965,444$854,705$1,304,951
82$1,535,769$972,249$842,837$1,369,033
83$1,650,640$978,112$829,295$1,438,298
84$1,775,912$982,947$813,983$1,513,264
85$1,912,605$986,661$796,801$1,594,504
86$2,061,840$989,156$777,643$1,682,653
87$2,224,853$990,330$756,399$1,778,408
88$2,403,003$990,072$732,954$1,882,542
89$2,597,788$988,264$707,186$1,995,907
90$2,810,855$984,782$678,971$2,119,442
91$3,044,021$979,495$648,174$2,254,187
92$3,299,283$972,262$614,660$2,401,286
93$3,578,842$962,935$578,283$2,562,006
94$3,885,121$951,356$538,893$2,737,742
95$4,220,790$937,359$496,333$2,930,035
96$4,588,788$920,767$450,438$3,140,587
97$4,992,353$901,393$401,035$3,371,273
98$5,435,049$879,037$347,946$3,624,165
99$5,920,805$853,491$290,983$3,901,550
100$6,453,946$824,531$229,950$4,205,948