Can I retire at age 75 with 917,000?

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 $917,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$75,725$75,050$74,392$73,750$73,123$72,269
2 years$37,488$36,789$36,113$35,457$34,820$33,961
3 years$24,743$24,042$23,367$22,717$22,092$21,253
4 years$18,373$17,674$17,005$16,367$15,756$14,945
5 years$14,551$13,856$13,197$12,571$11,977$11,197
6 years$12,004$11,315$10,665$10,053$9,477$8,727
7 years$10,186$9,502$8,863$8,265$7,708$6,989
8 years$8,823$8,145$7,516$6,934$6,394$5,707
9 years$7,763$7,092$6,474$5,906$5,385$4,728
10 years$6,916$6,251$5,644$5,091$4,588$3,962
11 years$6,223$5,565$4,969$4,431$3,946$3,349
12 years$5,646$4,995$4,410$3,886$3,419$2,852
13 years$5,158$4,514$3,940$3,431$2,982$2,443
14 years$4,741$4,103$3,540$3,046$2,614$2,103
15 years$4,379$3,748$3,196$2,716$2,301$1,817
16 years$4,063$3,439$2,898$2,432$2,034$1,576
17 years$3,784$3,167$2,637$2,185$1,804$1,371
18 years$3,537$2,926$2,407$1,969$1,604$1,195
19 years$3,315$2,712$2,204$1,779$1,429$1,044
20 years$3,117$2,520$2,022$1,612$1,277$914
21 years$2,937$2,348$1,860$1,463$1,143$801
22 years$2,774$2,191$1,714$1,330$1,024$703
23 years$2,625$2,050$1,583$1,211$919$618
24 years$2,489$1,920$1,464$1,105$826$544
25 years$2,364$1,802$1,356$1,009$744$479
26 years$2,249$1,694$1,258$922$670$422
27 years$2,142$1,594$1,168$844$604$372
28 years$2,044$1,502$1,086$774$545$329
29 years$1,952$1,417$1,010$709$492$290
30 years$1,867$1,338$941$651$445$256
31 years$1,787$1,265$877$598$402$227
32 years$1,712$1,197$818$549$364$200
33 years$1,642$1,134$764$505$329$177
34 years$1,576$1,074$714$465$298$157
35 years$1,515$1,019$668$428$270$139
36 years$1,456$967$625$394$244$123
37 years$1,401$919$585$363$222$109
38 years$1,349$873$547$335$201$96
39 years$1,300$830$513$309$182$85
40 years$1,254$790$481$285$165$75
41 years$1,209$752$451$263$150$67
42 years$1,167$716$423$242$136$59
43 years$1,128$682$397$224$123$52
44 years$1,090$650$372$207$112$46
45 years$1,053$620$350$191$102$41
46 years$1,019$592$328$176$92$36
47 years$986$565$309$163$84$32
48 years$954$539$290$150$76$29
49 years$924$515$273$139$69$25
50 years$895$492$256$129$63$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $917,000, adding $2,030 every year, while hoping to spend $54,459 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: 57/24/19 Blend
74$917,000$917,000$917,000$917,000
75$1,012,628$964,027$949,813$1,065,126
76$1,057,972$953,320$923,688$1,090,362
77$1,106,116$940,264$894,863$1,111,795
78$1,157,288$924,685$863,189$1,133,939
79$1,211,737$906,400$828,511$1,156,877
80$1,269,737$885,217$790,669$1,180,698
81$1,331,587$860,929$749,493$1,205,505
82$1,397,614$833,320$704,807$1,231,416
83$1,468,177$802,159$656,424$1,258,562
84$1,543,670$767,204$604,153$1,287,090
85$1,624,524$728,196$547,792$1,317,168
86$1,711,212$684,864$487,130$1,348,983
87$1,804,254$636,920$421,946$1,382,746
88$1,904,218$584,060$352,012$1,418,693
89$2,011,730$525,961$277,086$1,457,088
90$2,127,478$462,284$196,919$1,498,228
91$2,252,213$392,669$111,249$1,542,446
92$2,386,765$316,736$19,802$1,590,111
93$2,532,044$234,085$0$1,641,640
94$2,689,049$144,291$0$1,713,264
95$2,858,878$46,908$0$1,795,040
96$3,042,740$0$0$1,883,589
97$3,241,961$0$0$1,995,078
98$3,458,003$0$0$2,129,480
99$3,692,469$0$0$2,275,415
100$3,947,126$0$0$2,433,991