Can I retire at age 75 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$111,482$110,489$109,520$108,574$107,651$104,878
2 years$55,189$54,161$53,165$52,199$51,262$48,487
3 years$36,427$35,395$34,401$33,445$32,523$29,833
4 years$27,048$26,019$25,035$24,095$23,196$20,610
5 years$21,422$20,399$19,428$18,507$17,633$15,160
6 years$17,673$16,657$15,701$14,800$13,952$11,594
7 years$14,996$13,989$13,048$12,168$11,347$9,104
8 years$12,989$11,991$11,065$10,208$9,413$7,284
9 years$11,429$10,440$9,531$8,695$7,927$5,910
10 years$10,181$9,203$8,309$7,495$6,755$4,847
11 years$9,161$8,193$7,315$6,523$5,809$4,008
12 years$8,312$7,353$6,492$5,721$5,034$3,337
13 years$7,594$6,645$5,800$5,051$4,390$2,793
14 years$6,979$6,040$5,211$4,484$3,848$2,348
15 years$6,446$5,518$4,705$3,999$3,388$1,981
16 years$5,981$5,063$4,266$3,580$2,994$1,676
17 years$5,571$4,662$3,882$3,217$2,655$1,421
18 years$5,206$4,308$3,544$2,899$2,361$1,208
19 years$4,881$3,993$3,244$2,620$2,104$1,029
20 years$4,588$3,710$2,977$2,373$1,880$877
21 years$4,324$3,456$2,738$2,153$1,682$749
22 years$4,084$3,226$2,524$1,958$1,508$640
23 years$3,865$3,017$2,330$1,783$1,353$547
24 years$3,665$2,827$2,155$1,626$1,216$468
25 years$3,481$2,653$1,996$1,485$1,095$401
26 years$3,311$2,493$1,851$1,358$986$344
27 years$3,154$2,347$1,719$1,243$889$295
28 years$3,009$2,211$1,598$1,139$802$253
29 years$2,874$2,086$1,487$1,044$724$217
30 years$2,748$1,970$1,385$958$654$186
31 years$2,631$1,862$1,291$880$592$160
32 years$2,521$1,762$1,205$809$535$137
33 years$2,418$1,669$1,125$744$484$118
34 years$2,321$1,582$1,051$684$439$101
35 years$2,230$1,500$983$630$397$87
36 years$2,144$1,424$919$580$360$75
37 years$2,063$1,352$861$535$326$64
38 years$1,987$1,285$806$493$296$55
39 years$1,914$1,222$755$454$268$47
40 years$1,846$1,163$708$419$243$41
41 years$1,781$1,107$664$387$221$35
42 years$1,719$1,054$622$357$200$30
43 years$1,660$1,004$584$329$182$26
44 years$1,604$957$548$304$165$22
45 years$1,551$913$515$281$150$19
46 years$1,500$871$484$259$136$16
47 years$1,451$831$454$240$123$14
48 years$1,405$793$427$222$112$12
49 years$1,361$758$401$205$102$10
50 years$1,318$724$377$189$92$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,350,000, adding $6,518 every year, while hoping to spend $52,940 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: 49/23/28 Blend
74$1,350,000$1,350,000$1,350,000$1,350,000
75$1,494,423$1,422,873$1,401,948$1,555,476
76$1,590,527$1,436,266$1,392,586$1,612,346
77$1,694,658$1,448,541$1,381,135$1,668,348
78$1,807,581$1,459,588$1,367,471$1,728,164
79$1,930,134$1,469,287$1,351,461$1,792,181
80$2,063,241$1,477,515$1,332,968$1,860,827
81$2,207,915$1,484,137$1,311,846$1,934,575
82$2,365,274$1,489,011$1,287,945$2,013,952
83$2,536,547$1,491,988$1,261,106$2,099,538
84$2,723,085$1,492,905$1,231,163$2,191,977
85$2,926,376$1,491,594$1,197,943$2,291,981
86$3,148,056$1,487,872$1,161,264$2,400,338
87$3,389,929$1,481,549$1,120,938$2,517,920
88$3,653,977$1,472,420$1,076,765$2,645,692
89$3,942,384$1,460,270$1,028,537$2,784,720
90$4,257,553$1,444,869$976,039$2,936,184
91$4,602,130$1,425,974$919,043$3,101,390
92$4,979,028$1,403,328$857,312$3,281,780
93$5,391,456$1,376,658$790,598$3,478,948
94$5,842,945$1,345,675$718,644$3,694,658
95$6,337,385$1,310,072$641,179$3,930,858
96$6,879,060$1,269,527$557,919$4,189,702
97$7,472,686$1,223,696$468,572$4,473,568
98$8,123,459$1,172,216$372,828$4,785,086
99$8,837,100$1,114,703$270,366$5,127,159
100$9,619,912$1,050,751$160,851$5,502,996