Can I retire at age 75 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$71,761$71,122$70,498$69,890$69,295$68,429
2 years$35,525$34,864$34,223$33,601$32,998$32,126
3 years$23,448$22,784$22,144$21,528$20,935$20,086
4 years$17,411$16,749$16,115$15,510$14,931$14,110
5 years$13,790$13,131$12,506$11,913$11,350$10,560
6 years$11,376$10,722$10,107$9,527$8,981$8,222
7 years$9,653$9,005$8,399$7,833$7,304$6,577
8 years$8,361$7,719$7,123$6,571$6,059$5,364
9 years$7,357$6,721$6,135$5,597$5,103$4,439
10 years$6,554$5,924$5,349$4,824$4,348$3,715
11 years$5,897$5,274$4,709$4,199$3,739$3,137
12 years$5,350$4,733$4,179$3,683$3,240$2,668
13 years$4,888$4,278$3,734$3,251$2,826$2,282
14 years$4,492$3,888$3,355$2,886$2,477$1,962
15 years$4,150$3,552$3,029$2,574$2,181$1,693
16 years$3,850$3,259$2,746$2,305$1,928$1,466
17 years$3,586$3,001$2,499$2,071$1,709$1,273
18 years$3,351$2,773$2,281$1,866$1,520$1,109
19 years$3,142$2,570$2,088$1,686$1,355$967
20 years$2,953$2,388$1,916$1,527$1,210$845
21 years$2,783$2,225$1,763$1,386$1,083$740
22 years$2,629$2,077$1,625$1,260$970$649
23 years$2,488$1,942$1,500$1,148$871$569
24 years$2,359$1,820$1,387$1,047$783$500
25 years$2,240$1,708$1,285$956$705$440
26 years$2,131$1,605$1,192$874$635$387
27 years$2,030$1,511$1,107$800$572$341
28 years$1,937$1,423$1,029$733$516$300
29 years$1,850$1,343$957$672$466$265
30 years$1,769$1,268$892$617$421$233
31 years$1,693$1,199$831$567$381$206
32 years$1,623$1,134$776$521$345$182
33 years$1,556$1,074$724$479$312$160
34 years$1,494$1,018$677$441$282$142
35 years$1,435$966$633$406$256$125
36 years$1,380$917$592$374$232$111
37 years$1,328$871$554$344$210$98
38 years$1,279$827$519$317$190$86
39 years$1,232$787$486$292$173$76
40 years$1,188$748$456$270$157$68
41 years$1,146$712$427$249$142$60
42 years$1,106$679$401$230$129$53
43 years$1,069$646$376$212$117$47
44 years$1,032$616$353$196$106$41
45 years$998$588$331$181$96$37
46 years$965$561$311$167$88$32
47 years$934$535$292$154$79$29
48 years$904$511$275$143$72$25
49 years$876$488$258$132$66$22
50 years$848$466$243$122$60$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $869,000, adding $5,526 every year, while hoping to spend $49,250 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: 50/33/17 Blend
74$869,000$869,000$869,000$869,000
75$963,338$917,281$903,812$1,006,714
76$1,009,197$909,826$881,688$1,029,748
77$1,058,083$900,355$857,172$1,049,219
78$1,110,252$888,718$830,132$1,069,309
79$1,165,987$874,754$800,430$1,090,094
80$1,225,595$858,294$767,922$1,111,661
81$1,289,414$839,159$732,456$1,134,106
82$1,357,815$817,159$693,874$1,157,541
83$1,431,205$792,092$652,012$1,182,092
84$1,510,030$763,747$606,696$1,207,900
85$1,594,779$731,897$557,747$1,235,125
86$1,685,991$696,304$504,976$1,263,949
87$1,784,255$656,716$448,186$1,294,575
88$1,890,221$612,867$387,172$1,327,232
89$2,004,600$564,474$321,719$1,362,178
90$2,128,176$511,240$251,603$1,399,701
91$2,261,808$452,849$176,590$1,440,125
92$2,406,443$388,968$96,435$1,483,814
93$2,563,119$319,247$10,885$1,531,173
94$2,732,979$243,312$0$1,582,658
95$2,917,280$160,771$0$1,653,362
96$3,117,404$71,211$0$1,732,321
97$3,334,872$0$0$1,818,246
98$3,571,355$0$0$1,921,267
99$3,828,694$0$0$2,061,595
100$4,108,913$0$0$2,214,483