Can I retire at age 76 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$144,513$143,226$141,970$140,744$139,547$135,788
2 years$71,541$70,209$68,918$67,666$66,451$62,691
3 years$47,220$45,882$44,594$43,354$42,159$38,515
4 years$35,062$33,728$32,453$31,234$30,068$26,569
5 years$27,769$26,443$25,185$23,991$22,858$19,512
6 years$22,909$21,593$20,353$19,186$18,086$14,898
7 years$19,439$18,134$16,914$15,774$14,709$11,678
8 years$16,837$15,544$14,344$13,232$12,203$9,328
9 years$14,815$13,534$12,355$11,271$10,276$7,555
10 years$13,198$11,929$10,771$9,716$8,756$6,184
11 years$11,876$10,620$9,483$8,455$7,530$5,104
12 years$10,775$9,532$8,416$7,417$6,526$4,241
13 years$9,844$8,614$7,519$6,548$5,691$3,542
14 years$9,047$7,830$6,756$5,812$4,988$2,971
15 years$8,357$7,153$6,099$5,184$4,392$2,501
16 years$7,753$6,563$5,530$4,641$3,882$2,112
17 years$7,221$6,044$5,032$4,170$3,442$1,787
18 years$6,749$5,585$4,594$3,758$3,060$1,516
19 years$6,327$5,176$4,205$3,396$2,728$1,288
20 years$5,948$4,810$3,859$3,076$2,436$1,095
21 years$5,605$4,480$3,550$2,791$2,180$933
22 years$5,294$4,182$3,272$2,538$1,954$796
23 years$5,010$3,911$3,021$2,311$1,754$679
24 years$4,750$3,665$2,794$2,108$1,577$580
25 years$4,512$3,439$2,588$1,925$1,419$495
26 years$4,292$3,232$2,400$1,760$1,278$424
27 years$4,089$3,042$2,229$1,611$1,152$362
28 years$3,900$2,866$2,072$1,476$1,040$310
29 years$3,725$2,704$1,928$1,354$939$265
30 years$3,562$2,554$1,796$1,242$848$227
31 years$3,410$2,414$1,674$1,141$767$195
32 years$3,268$2,284$1,562$1,049$694$167
33 years$3,134$2,163$1,458$964$628$143
34 years$3,009$2,050$1,363$887$568$122
35 years$2,891$1,945$1,274$817$515$105
36 years$2,779$1,846$1,192$752$467$90
37 years$2,674$1,753$1,116$693$423$77
38 years$2,575$1,666$1,045$639$383$66
39 years$2,481$1,584$979$589$348$57
40 years$2,393$1,507$917$543$315$49
41 years$2,308$1,435$860$501$286$42
42 years$2,228$1,366$807$463$260$36
43 years$2,152$1,302$757$427$236$31
44 years$2,079$1,241$711$394$214$26
45 years$2,010$1,183$667$364$194$22
46 years$1,944$1,129$627$336$176$19
47 years$1,881$1,077$589$311$160$17
48 years$1,821$1,028$553$287$145$14
49 years$1,764$982$520$265$132$12
50 years$1,709$938$489$245$120$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 76 starting with $1,750,000, adding $5,100 every year, while hoping to spend $47,007 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: 79/9/12 Blend
75$1,750,000$1,750,000$1,750,000$1,750,000
76$1,933,761$1,841,011$1,813,886$2,081,793
77$2,080,989$1,881,205$1,824,636$2,220,015
78$2,241,659$1,921,794$1,834,170$2,365,046
79$2,417,093$1,962,746$1,842,400$2,522,807
80$2,608,745$2,004,028$1,849,228$2,694,548
81$2,818,216$2,045,605$1,854,556$2,881,650
82$3,047,269$2,087,435$1,858,279$3,085,628
83$3,297,846$2,129,475$1,860,287$3,308,158
84$3,572,084$2,171,677$1,860,465$3,551,079
85$3,872,337$2,213,990$1,858,691$3,816,422
86$4,201,197$2,256,356$1,854,838$4,106,423
87$4,561,518$2,298,716$1,848,774$4,423,543
88$4,956,443$2,341,004$1,840,358$4,770,497
89$5,389,434$2,383,147$1,829,444$5,150,273
90$5,864,305$2,425,070$1,815,879$5,566,165
91$6,385,255$2,466,689$1,799,501$6,021,802
92$6,956,909$2,507,915$1,780,143$6,521,180
93$7,584,363$2,548,653$1,757,628$7,068,707
94$8,273,231$2,588,799$1,731,770$7,669,234
95$9,029,693$2,628,243$1,702,378$8,328,111
96$9,860,561$2,666,866$1,669,247$9,051,231
97$10,773,338$2,704,542$1,632,166$9,845,087
98$11,776,288$2,741,134$1,590,913$10,716,835
99$12,878,518$2,776,498$1,545,257$11,674,359
100$14,090,057$2,810,478$1,494,954$12,726,349