Can I retire at age 75 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$145,339$144,045$142,781$141,549$140,345$138,821
2 years$71,950$70,610$69,311$68,052$66,831$65,297
3 years$47,490$46,144$44,849$43,602$42,400$40,904
4 years$35,263$33,921$32,639$31,413$30,240$28,792
5 years$27,928$26,595$25,329$24,128$22,988$21,593
6 years$23,040$21,716$20,470$19,295$18,190$16,849
7 years$19,550$18,237$17,010$15,864$14,793$13,508
8 years$16,933$15,633$14,426$13,308$12,272$11,042
9 years$14,900$13,611$12,425$11,335$10,335$9,159
10 years$13,273$11,998$10,833$9,771$8,806$7,684
11 years$11,944$10,681$9,537$8,504$7,573$6,505
12 years$10,836$9,586$8,464$7,459$6,563$5,546
13 years$9,900$8,663$7,562$6,585$5,723$4,757
14 years$9,099$7,875$6,794$5,846$5,017$4,100
15 years$8,404$7,194$6,134$5,213$4,417$3,548
16 years$7,797$6,600$5,562$4,668$3,904$3,081
17 years$7,263$6,078$5,061$4,194$3,461$2,683
18 years$6,788$5,617$4,620$3,780$3,078$2,343
19 years$6,363$5,206$4,229$3,415$2,743$2,050
20 years$5,982$4,837$3,881$3,093$2,450$1,797
21 years$5,637$4,506$3,570$2,807$2,193$1,578
22 years$5,324$4,206$3,290$2,552$1,966$1,387
23 years$5,039$3,934$3,038$2,325$1,764$1,221
24 years$4,777$3,686$2,810$2,120$1,586$1,076
25 years$4,538$3,459$2,602$1,936$1,427$949
26 years$4,316$3,251$2,414$1,770$1,285$838
27 years$4,112$3,059$2,241$1,620$1,159$740
28 years$3,923$2,883$2,084$1,485$1,046$654
29 years$3,747$2,720$1,939$1,361$944$579
30 years$3,583$2,568$1,806$1,250$853$512
31 years$3,429$2,428$1,684$1,148$771$453
32 years$3,286$2,297$1,571$1,055$698$401
33 years$3,152$2,176$1,467$970$631$355
34 years$3,026$2,062$1,370$892$572$315
35 years$2,907$1,956$1,281$821$518$279
36 years$2,795$1,856$1,199$757$469$247
37 years$2,690$1,763$1,122$697$425$219
38 years$2,590$1,676$1,051$642$386$195
39 years$2,496$1,593$984$592$350$173
40 years$2,406$1,516$923$546$317$153
41 years$2,321$1,443$865$504$288$136
42 years$2,241$1,374$811$465$261$121
43 years$2,164$1,309$761$429$237$107
44 years$2,091$1,248$715$397$215$95
45 years$2,022$1,190$671$366$195$84
46 years$1,955$1,135$630$338$177$75
47 years$1,892$1,083$592$313$161$66
48 years$1,832$1,034$557$289$146$59
49 years$1,774$988$523$267$133$52
50 years$1,718$944$492$247$121$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $1,760,000, adding $5,340 every year, while hoping to spend $24,505 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: 65/17/18 Blend
74$1,760,000$1,760,000$1,760,000$1,760,000
75$1,945,028$1,851,748$1,824,468$2,062,407
76$2,117,348$1,916,411$1,859,515$2,206,438
77$2,306,423$1,983,420$1,894,914$2,360,474
78$2,513,937$2,052,866$1,930,652$2,528,217
79$2,741,743$2,124,841$1,966,713$2,711,009
80$2,991,884$2,199,442$2,003,082$2,910,327
81$3,266,609$2,276,768$2,039,738$3,127,796
82$3,568,397$2,356,924$2,076,664$3,365,208
83$3,899,979$2,440,018$2,113,837$3,624,533
84$4,264,361$2,526,163$2,151,235$3,907,942
85$4,664,858$2,615,477$2,188,833$4,217,825
86$5,105,120$2,708,082$2,226,605$4,556,813
87$5,589,169$2,804,104$2,264,523$4,927,805
88$6,121,435$2,903,677$2,302,556$5,333,992
89$6,706,801$3,006,936$2,340,671$5,778,891
90$7,350,645$3,114,026$2,378,834$6,266,372
91$8,058,893$3,225,096$2,417,007$6,800,701
92$8,838,075$3,340,301$2,455,151$7,386,575
93$9,695,384$3,459,801$2,493,225$8,029,167
94$10,638,747$3,583,765$2,531,182$8,734,178
95$11,676,898$3,712,369$2,568,975$9,507,886
96$12,819,460$3,845,793$2,606,554$10,357,207
97$14,077,036$3,984,228$2,643,865$11,289,760
98$15,461,310$4,127,871$2,680,850$12,313,939
99$16,985,154$4,276,928$2,717,450$13,438,989
100$18,662,755$4,431,612$2,753,599$14,675,100