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%19.7%
1 years$144,513$143,226$141,970$140,744$139,547$134,117
2 years$71,541$70,209$68,918$67,666$66,451$61,045
3 years$47,220$45,882$44,594$43,354$42,159$36,949
4 years$35,062$33,728$32,453$31,234$30,068$25,093
5 years$27,769$26,443$25,185$23,991$22,858$18,129
6 years$22,909$21,593$20,353$19,186$18,086$13,609
7 years$19,439$18,134$16,914$15,774$14,709$10,481
8 years$16,837$15,544$14,344$13,232$12,203$8,219
9 years$14,815$13,534$12,355$11,271$10,276$6,532
10 years$13,198$11,929$10,771$9,716$8,756$5,244
11 years$11,876$10,620$9,483$8,455$7,530$4,242
12 years$10,775$9,532$8,416$7,417$6,526$3,453
13 years$9,844$8,614$7,519$6,548$5,691$2,824
14 years$9,047$7,830$6,756$5,812$4,988$2,318
15 years$8,357$7,153$6,099$5,184$4,392$1,909
16 years$7,753$6,563$5,530$4,641$3,882$1,576
17 years$7,221$6,044$5,032$4,170$3,442$1,304
18 years$6,749$5,585$4,594$3,758$3,060$1,081
19 years$6,327$5,176$4,205$3,396$2,728$897
20 years$5,948$4,810$3,859$3,076$2,436$745
21 years$5,605$4,480$3,550$2,791$2,180$619
22 years$5,294$4,182$3,272$2,538$1,954$516
23 years$5,010$3,911$3,021$2,311$1,754$429
24 years$4,750$3,665$2,794$2,108$1,577$358
25 years$4,512$3,439$2,588$1,925$1,419$298
26 years$4,292$3,232$2,400$1,760$1,278$249
27 years$4,089$3,042$2,229$1,611$1,152$207
28 years$3,900$2,866$2,072$1,476$1,040$173
29 years$3,725$2,704$1,928$1,354$939$144
30 years$3,562$2,554$1,796$1,242$848$121
31 years$3,410$2,414$1,674$1,141$767$101
32 years$3,268$2,284$1,562$1,049$694$84
33 years$3,134$2,163$1,458$964$628$70
34 years$3,009$2,050$1,363$887$568$59
35 years$2,891$1,945$1,274$817$515$49
36 years$2,779$1,846$1,192$752$467$41
37 years$2,674$1,753$1,116$693$423$34
38 years$2,575$1,666$1,045$639$383$28
39 years$2,481$1,584$979$589$348$24
40 years$2,393$1,507$917$543$315$20
41 years$2,308$1,435$860$501$286$17
42 years$2,228$1,366$807$463$260$14
43 years$2,152$1,302$757$427$236$12
44 years$2,079$1,241$711$394$214$10
45 years$2,010$1,183$667$364$194$8
46 years$1,944$1,129$627$336$176$7
47 years$1,881$1,077$589$311$160$6
48 years$1,821$1,028$553$287$145$5
49 years$1,764$982$520$265$132$4
50 years$1,709$938$489$245$120$3

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 $6,453 every year, while hoping to spend $53,752 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: 66/16/18 Blend
75$1,750,000$1,750,000$1,750,000$1,750,000
76$1,935,156$1,842,406$1,815,281$2,053,864
77$2,075,350$1,875,492$1,818,901$2,167,240
78$2,228,043$1,908,398$1,820,841$2,284,327
79$2,394,452$1,941,058$1,820,988$2,411,019
80$2,575,918$1,973,402$1,819,223$2,548,258
81$2,773,916$2,005,353$1,815,421$2,697,082
82$2,990,070$2,036,830$1,809,453$2,858,634
83$3,226,168$2,067,746$1,801,181$3,034,174
84$3,484,179$2,098,007$1,790,461$3,225,091
85$3,766,268$2,127,512$1,777,145$3,432,917
86$4,074,821$2,156,154$1,761,073$3,659,339
87$4,412,465$2,183,818$1,742,082$3,906,218
88$4,782,093$2,210,381$1,719,997$4,175,604
89$5,186,888$2,235,712$1,694,639$4,469,760
90$5,630,358$2,259,669$1,665,817$4,791,176
91$6,116,367$2,282,105$1,633,334$5,142,602
92$6,649,167$2,302,859$1,596,981$5,527,064
93$7,233,444$2,321,761$1,556,542$5,947,903
94$7,874,359$2,338,631$1,511,790$6,408,800
95$8,577,594$2,353,274$1,462,485$6,913,810
96$9,349,411$2,365,487$1,408,381$7,467,409
97$10,196,706$2,375,051$1,349,217$8,074,525
98$11,127,075$2,381,733$1,284,720$8,740,597
99$12,148,886$2,385,288$1,214,608$9,471,615
100$13,271,358$2,385,452$1,138,583$10,274,185