Can I retire at age 76 with 1,910,000?

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:
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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$157,726$156,321$154,950$153,612$152,306$151,537
2 years$78,082$76,628$75,219$73,852$72,527$71,750
3 years$51,538$50,077$48,671$47,318$46,014$45,255
4 years$38,268$36,812$35,420$34,090$32,818$32,081
5 years$30,308$28,861$27,488$26,184$24,947$24,236
6 years$25,004$23,567$22,214$20,940$19,740$19,054
7 years$21,216$19,792$18,460$17,216$16,054$15,394
8 years$18,377$16,965$15,656$14,442$13,318$12,685
9 years$16,169$14,771$13,484$12,301$11,216$10,609
10 years$14,405$13,020$11,756$10,604$9,557$8,975
11 years$12,962$11,591$10,350$9,228$8,219$7,663
12 years$11,760$10,404$9,185$8,095$7,122$6,592
13 years$10,744$9,402$8,206$7,146$6,211$5,704
14 years$9,874$8,546$7,373$6,344$5,444$4,962
15 years$9,121$7,807$6,657$5,657$4,794$4,335
16 years$8,462$7,163$6,036$5,066$4,237$3,800
17 years$7,882$6,597$5,492$4,551$3,756$3,342
18 years$7,366$6,095$5,014$4,102$3,340$2,947
19 years$6,906$5,649$4,590$3,706$2,977$2,605
20 years$6,491$5,250$4,212$3,357$2,659$2,307
21 years$6,117$4,890$3,874$3,046$2,380$2,046
22 years$5,778$4,564$3,571$2,770$2,133$1,818
23 years$5,468$4,269$3,297$2,523$1,915$1,618
24 years$5,185$4,000$3,049$2,301$1,721$1,441
25 years$4,924$3,754$2,824$2,101$1,549$1,285
26 years$4,684$3,528$2,619$1,921$1,395$1,147
27 years$4,463$3,320$2,432$1,759$1,258$1,024
28 years$4,257$3,128$2,261$1,611$1,135$915
29 years$4,066$2,951$2,104$1,478$1,025$819
30 years$3,888$2,787$1,960$1,356$926$733
31 years$3,722$2,635$1,827$1,245$837$656
32 years$3,566$2,493$1,705$1,145$757$588
33 years$3,421$2,361$1,592$1,052$685$527
34 years$3,284$2,238$1,487$968$620$472
35 years$3,155$2,122$1,391$891$562$423
36 years$3,034$2,014$1,301$821$509$380
37 years$2,919$1,913$1,218$756$461$341
38 years$2,811$1,818$1,140$697$418$306
39 years$2,708$1,729$1,068$643$379$275
40 years$2,611$1,645$1,001$593$344$246
41 years$2,519$1,566$939$547$312$221
42 years$2,432$1,491$881$505$283$199
43 years$2,349$1,421$826$466$257$179
44 years$2,269$1,354$776$430$233$160
45 years$2,194$1,292$728$397$212$144
46 years$2,122$1,232$684$367$192$129
47 years$2,053$1,176$643$339$175$116
48 years$1,988$1,122$604$313$159$105
49 years$1,925$1,072$568$290$144$94
50 years$1,865$1,024$534$268$131$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 76 starting with $1,910,000, adding $3,480 every year, while hoping to spend $36,471 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: 62/21/17 Blend
75$1,910,000$1,910,000$1,910,000$1,910,000
76$2,108,410$2,007,180$1,977,575$2,229,877
77$2,284,663$2,066,727$2,005,019$2,371,598
78$2,477,671$2,127,969$2,032,159$2,521,826
79$2,689,105$2,190,951$2,058,949$2,684,967
80$2,920,805$2,255,719$2,085,335$2,862,280
81$3,174,797$2,322,319$2,111,263$3,055,151
82$3,453,313$2,390,799$2,136,677$3,265,104
83$3,758,809$2,461,207$2,161,514$3,493,818
84$4,093,994$2,533,592$2,185,711$3,743,144
85$4,461,849$2,608,006$2,209,200$4,015,117
86$4,865,658$2,684,499$2,231,909$4,311,980
87$5,309,041$2,763,125$2,253,763$4,636,205
88$5,795,981$2,843,936$2,274,682$4,990,511
89$6,330,870$2,926,988$2,294,583$5,377,897
90$6,918,544$3,012,335$2,313,377$5,801,663
91$7,564,332$3,100,036$2,330,971$6,265,447
92$8,274,103$3,190,147$2,347,268$6,773,254
93$9,054,324$3,282,727$2,362,164$7,329,498
94$9,912,120$3,377,835$2,375,551$7,939,041
95$10,855,340$3,475,533$2,387,316$8,607,240
96$11,892,632$3,575,882$2,397,339$9,339,996
97$13,033,525$3,678,944$2,405,494$10,143,810
98$14,288,516$3,784,784$2,411,650$11,025,847
99$15,669,171$3,893,465$2,415,667$11,993,999
100$17,188,235$4,005,054$2,417,400$13,056,962