Can I retire at age 75 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$73,495$72,841$72,202$71,579$70,970$69,651
2 years$36,384$35,706$35,050$34,413$33,795$32,471
3 years$24,015$23,334$22,679$22,049$21,441$20,153
4 years$17,832$17,153$16,505$15,885$15,292$14,051
5 years$14,123$13,448$12,808$12,201$11,625$10,433
6 years$11,651$10,982$10,351$9,757$9,198$8,058
7 years$9,886$9,222$8,602$8,022$7,481$6,392
8 years$8,563$7,905$7,295$6,729$6,206$5,168
9 years$7,534$6,883$6,283$5,732$5,226$4,239
10 years$6,712$6,067$5,478$4,941$4,453$3,515
11 years$6,040$5,401$4,823$4,300$3,830$2,940
12 years$5,480$4,848$4,280$3,772$3,319$2,477
13 years$5,006$4,381$3,824$3,330$2,894$2,098
14 years$4,601$3,982$3,436$2,956$2,537$1,785
15 years$4,250$3,638$3,102$2,636$2,234$1,525
16 years$3,943$3,338$2,812$2,360$1,974$1,307
17 years$3,673$3,074$2,559$2,121$1,750$1,123
18 years$3,432$2,840$2,336$1,911$1,556$967
19 years$3,218$2,632$2,139$1,727$1,387$835
20 years$3,025$2,446$1,963$1,564$1,239$721
21 years$2,851$2,278$1,805$1,420$1,109$624
22 years$2,692$2,127$1,664$1,291$994$541
23 years$2,548$1,989$1,536$1,175$892$469
24 years$2,416$1,864$1,421$1,072$802$408
25 years$2,295$1,749$1,316$979$722$354
26 years$2,183$1,644$1,221$895$650$308
27 years$2,079$1,547$1,133$819$586$268
28 years$1,984$1,458$1,054$751$529$233
29 years$1,895$1,375$980$688$477$203
30 years$1,812$1,299$913$632$431$177
31 years$1,734$1,228$851$580$390$154
32 years$1,662$1,162$794$533$353$134
33 years$1,594$1,100$742$490$319$117
34 years$1,530$1,043$693$451$289$102
35 years$1,470$989$648$415$262$89
36 years$1,414$939$606$383$237$78
37 years$1,360$892$567$352$215$68
38 years$1,310$847$531$325$195$59
39 years$1,262$806$498$300$177$52
40 years$1,217$767$467$276$160$45
41 years$1,174$730$437$255$145$39
42 years$1,133$695$410$235$132$34
43 years$1,094$662$385$217$120$30
44 years$1,057$631$361$201$109$26
45 years$1,022$602$339$185$99$23
46 years$989$574$319$171$90$20
47 years$957$548$299$158$81$17
48 years$926$523$281$146$74$15
49 years$897$499$265$135$67$13
50 years$869$477$249$125$61$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $890,000, adding $5,778 every year, while hoping to spend $47,897 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: 44/31/25 Blend
74$890,000$890,000$890,000$890,000
75$986,740$939,570$925,775$1,022,778
76$1,036,425$934,647$905,826$1,044,011
77$1,089,574$927,877$883,604$1,061,948
78$1,146,487$919,120$858,982$1,080,448
79$1,207,497$908,226$831,826$1,099,589
80$1,272,969$895,036$802,000$1,119,459
81$1,343,301$879,382$769,356$1,140,162
82$1,418,933$861,087$733,745$1,161,812
83$1,500,346$839,961$695,006$1,184,541
84$1,588,068$815,806$652,976$1,208,497
85$1,682,680$788,410$607,480$1,233,850
86$1,784,821$757,550$558,338$1,260,788
87$1,895,191$722,988$505,361$1,289,527
88$2,014,560$684,475$448,351$1,320,308
89$2,143,777$641,745$387,102$1,353,401
90$2,283,771$594,519$321,398$1,389,112
91$2,435,566$542,501$251,016$1,427,784
92$2,600,288$485,378$175,719$1,469,799
93$2,779,175$422,820$95,263$1,515,587
94$2,973,589$354,476$9,393$1,565,629
95$3,185,028$279,977$0$1,620,462
96$3,415,139$198,935$0$1,702,626
97$3,665,737$110,936$0$1,794,953
98$3,938,817$15,547$0$1,895,759
99$4,236,575$0$0$2,005,961
100$4,561,428$0$0$2,156,484