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

Use the below retirement simulation to view the chances of a successful retirement.
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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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.
1 years$144,513$143,226$141,970$140,744$139,547$138,320
2 years$71,541$70,209$68,918$67,666$66,451$65,215
3 years$47,220$45,882$44,594$43,354$42,159$40,952
4 years$35,062$33,728$32,453$31,234$30,068$28,899
5 years$27,769$26,443$25,185$23,991$22,858$21,730
6 years$22,909$21,593$20,353$19,186$18,086$17,002
7 years$19,439$18,134$16,914$15,774$14,709$13,668
8 years$16,837$15,544$14,344$13,232$12,203$11,205
9 years$14,815$13,534$12,355$11,271$10,276$9,322
10 years$13,198$11,929$10,771$9,716$8,756$7,844
11 years$11,876$10,620$9,483$8,455$7,530$6,660
12 years$10,775$9,532$8,416$7,417$6,526$5,697
13 years$9,844$8,614$7,519$6,548$5,691$4,902
14 years$9,047$7,830$6,756$5,812$4,988$4,239
15 years$8,357$7,153$6,099$5,184$4,392$3,681
16 years$7,753$6,563$5,530$4,641$3,882$3,207
17 years$7,221$6,044$5,032$4,170$3,442$2,803
18 years$6,749$5,585$4,594$3,758$3,060$2,456
19 years$6,327$5,176$4,205$3,396$2,728$2,157
20 years$5,948$4,810$3,859$3,076$2,436$1,898
21 years$5,605$4,480$3,550$2,791$2,180$1,672
22 years$5,294$4,182$3,272$2,538$1,954$1,476
23 years$5,010$3,911$3,021$2,311$1,754$1,304
24 years$4,750$3,665$2,794$2,108$1,577$1,154
25 years$4,512$3,439$2,588$1,925$1,419$1,022
26 years$4,292$3,232$2,400$1,760$1,278$905
27 years$4,089$3,042$2,229$1,611$1,152$803
28 years$3,900$2,866$2,072$1,476$1,040$713
29 years$3,725$2,704$1,928$1,354$939$633
30 years$3,562$2,554$1,796$1,242$848$562
31 years$3,410$2,414$1,674$1,141$767$500
32 years$3,268$2,284$1,562$1,049$694$444
33 years$3,134$2,163$1,458$964$628$395
34 years$3,009$2,050$1,363$887$568$352
35 years$2,891$1,945$1,274$817$515$313
36 years$2,779$1,846$1,192$752$467$279
37 years$2,674$1,753$1,116$693$423$248
38 years$2,575$1,666$1,045$639$383$221
39 years$2,481$1,584$979$589$348$197
40 years$2,393$1,507$917$543$315$175
41 years$2,308$1,435$860$501$286$156
42 years$2,228$1,366$807$463$260$139
43 years$2,152$1,302$757$427$236$124
44 years$2,079$1,241$711$394$214$111
45 years$2,010$1,183$667$364$194$99
46 years$1,944$1,129$627$336$176$88
47 years$1,881$1,077$589$311$160$78
48 years$1,821$1,028$553$287$145$70
49 years$1,764$982$520$265$132$62
50 years$1,709$938$489$245$120$56

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 $4,295 every year, while hoping to spend $27,037 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: 58/36/6 Blend