Can I retire at age 76 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$149,468$148,137$146,838$145,570$144,332$140,501
2 years$73,994$72,616$71,280$69,986$68,729$64,896
3 years$48,839$47,455$46,123$44,840$43,605$39,890
4 years$36,265$34,885$33,566$32,305$31,099$27,531
5 years$28,722$27,350$26,048$24,813$23,641$20,229
6 years$23,695$22,333$21,051$19,843$18,706$15,454
7 years$20,105$18,756$17,494$16,314$15,213$12,121
8 years$17,414$16,077$14,836$13,686$12,621$9,687
9 years$15,323$13,998$12,778$11,657$10,629$7,850
10 years$13,650$12,338$11,140$10,049$9,056$6,430
11 years$12,283$10,984$9,808$8,745$7,789$5,311
12 years$11,144$9,859$8,704$7,671$6,749$4,415
13 years$10,182$8,909$7,777$6,772$5,886$3,690
14 years$9,357$8,098$6,987$6,012$5,159$3,098
15 years$8,643$7,398$6,309$5,361$4,543$2,610
16 years$8,019$6,788$5,720$4,800$4,015$2,205
17 years$7,469$6,251$5,205$4,313$3,560$1,868
18 years$6,980$5,776$4,751$3,887$3,165$1,585
19 years$6,544$5,353$4,349$3,512$2,821$1,347
20 years$6,152$4,975$3,992$3,181$2,520$1,147
21 years$5,797$4,634$3,672$2,887$2,255$978
22 years$5,475$4,325$3,384$2,625$2,021$834
23 years$5,182$4,045$3,124$2,391$1,815$713
24 years$4,913$3,790$2,890$2,180$1,631$609
25 years$4,666$3,557$2,676$1,991$1,468$521
26 years$4,439$3,343$2,482$1,821$1,322$446
27 years$4,229$3,146$2,305$1,666$1,192$381
28 years$4,034$2,965$2,143$1,527$1,075$327
29 years$3,853$2,797$1,994$1,400$971$280
30 years$3,684$2,641$1,857$1,285$877$240
31 years$3,527$2,497$1,732$1,180$793$206
32 years$3,380$2,363$1,616$1,085$718$176
33 years$3,241$2,237$1,508$997$649$151
34 years$3,112$2,121$1,409$918$588$130
35 years$2,990$2,011$1,318$845$533$111
36 years$2,875$1,909$1,233$778$483$95
37 years$2,766$1,813$1,154$717$437$82
38 years$2,664$1,723$1,080$661$396$70
39 years$2,567$1,639$1,012$609$360$60
40 years$2,475$1,559$949$562$326$52
41 years$2,387$1,484$890$518$296$44
42 years$2,304$1,413$835$478$268$38
43 years$2,226$1,347$783$442$244$33
44 years$2,151$1,284$735$408$221$28
45 years$2,079$1,224$690$377$201$24
46 years$2,011$1,168$648$348$182$21
47 years$1,946$1,114$609$321$166$18
48 years$1,884$1,064$572$297$150$15
49 years$1,824$1,016$538$274$137$13
50 years$1,767$970$506$254$124$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 76 starting with $1,810,000, adding $4,178 every year, while hoping to spend $31,286 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: 40/50/10 Blend
75$1,810,000$1,810,000$1,810,000$1,810,000
76$1,998,930$1,903,000$1,874,945$2,072,731
77$2,169,532$1,962,959$1,904,467$2,185,014
78$2,356,488$2,024,807$1,933,930$2,302,980
79$2,561,432$2,088,604$1,963,299$2,429,890
80$2,786,164$2,154,412$1,992,535$2,566,567
81$3,032,668$2,222,293$2,021,600$2,713,912
82$3,303,128$2,292,314$2,050,452$2,872,920
83$3,599,951$2,364,541$2,079,046$3,044,682
84$3,925,786$2,439,044$2,107,335$3,230,398
85$4,283,555$2,515,895$2,135,268$3,431,387
86$4,676,471$2,595,168$2,162,794$3,649,100
87$5,108,079$2,676,939$2,189,855$3,885,134
88$5,582,281$2,761,287$2,216,394$4,141,243
89$6,103,377$2,848,293$2,242,346$4,419,360
90$6,676,103$2,938,042$2,267,646$4,721,610
91$7,305,678$3,030,618$2,292,225$5,050,331
92$7,997,851$3,126,112$2,316,008$5,408,097
93$8,758,956$3,224,616$2,338,918$5,797,739
94$9,595,971$3,326,224$2,360,874$6,222,376
95$10,516,585$3,431,034$2,381,788$6,685,440
96$11,529,270$3,539,147$2,401,571$7,190,707
97$12,643,358$3,650,668$2,420,126$7,742,337
98$13,869,133$3,765,703$2,437,353$8,344,909
99$15,217,926$3,884,364$2,453,146$9,003,465
100$16,702,221$4,006,765$2,467,393$9,723,556