Can I retire at age 75 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$37,491$37,157$36,831$36,513$36,203$35,618
2 years$18,560$18,214$17,879$17,554$17,239$16,651
3 years$12,250$11,903$11,569$11,247$10,937$10,365
4 years$9,096$8,750$8,419$8,103$7,801$7,248
5 years$7,204$6,860$6,534$6,224$5,930$5,399
6 years$5,943$5,602$5,280$4,977$4,692$4,183
7 years$5,043$4,704$4,388$4,092$3,816$3,330
8 years$4,368$4,033$3,721$3,433$3,166$2,701
9 years$3,843$3,511$3,205$2,924$2,666$2,224
10 years$3,424$3,095$2,794$2,520$2,272$1,851
11 years$3,081$2,755$2,460$2,194$1,954$1,554
12 years$2,795$2,473$2,183$1,924$1,693$1,314
13 years$2,554$2,235$1,951$1,699$1,476$1,118
14 years$2,347$2,031$1,753$1,508$1,294$955
15 years$2,168$1,856$1,582$1,345$1,139$819
16 years$2,011$1,703$1,435$1,204$1,007$705
17 years$1,873$1,568$1,305$1,082$893$608
18 years$1,751$1,449$1,192$975$794$526
19 years$1,641$1,343$1,091$881$708$456
20 years$1,543$1,248$1,001$798$632$396
21 years$1,454$1,162$921$724$566$344
22 years$1,373$1,085$849$658$507$300
23 years$1,300$1,015$784$600$455$261
24 years$1,232$951$725$547$409$228
25 years$1,170$892$671$499$368$199
26 years$1,113$839$623$457$332$174
27 years$1,061$789$578$418$299$152
28 years$1,012$744$537$383$270$133
29 years$966$702$500$351$244$116
30 years$924$663$466$322$220$102
31 years$885$626$434$296$199$89
32 years$848$593$405$272$180$78
33 years$813$561$378$250$163$68
34 years$781$532$354$230$147$60
35 years$750$504$331$212$134$53
36 years$721$479$309$195$121$46
37 years$694$455$289$180$110$40
38 years$668$432$271$166$99$35
39 years$644$411$254$153$90$31
40 years$621$391$238$141$82$27
41 years$599$372$223$130$74$24
42 years$578$354$209$120$67$21
43 years$558$338$196$111$61$18
44 years$539$322$184$102$55$16
45 years$521$307$173$94$50$14
46 years$504$293$163$87$46$12
47 years$488$279$153$81$42$11
48 years$472$267$144$74$38$10
49 years$458$255$135$69$34$8
50 years$443$243$127$64$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $454,000, adding $3,357 every year, while hoping to spend $23,927 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: 72/8/20 Blend
74$454,000$454,000$454,000$454,000
75$503,771$479,709$472,672$537,379
76$529,697$477,756$463,048$558,228
77$557,466$474,906$452,300$577,868
78$587,241$471,089$440,365$598,774
79$619,199$466,232$427,177$621,069
80$653,536$460,257$412,666$644,887
81$690,468$453,081$396,762$670,378
82$730,231$444,617$379,389$697,704
83$773,084$434,773$360,467$727,049
84$819,311$423,449$339,916$758,613
85$869,226$410,543$317,648$792,618
86$923,172$395,945$293,574$829,309
87$981,527$379,537$267,600$868,956
88$1,044,706$361,198$239,628$911,859
89$1,113,166$340,796$209,556$958,348
90$1,187,408$318,195$177,275$1,008,786
91$1,267,986$293,248$142,676$1,063,579
92$1,355,505$265,802$105,640$1,123,169
93$1,450,634$235,694$66,047$1,188,048
94$1,554,108$202,752$23,768$1,258,759
95$1,666,734$166,795$0$1,335,900
96$1,789,403$127,629$0$1,424,689
97$1,923,092$85,054$0$1,527,008
98$2,068,880$38,854$0$1,638,616
99$2,227,952$0$0$1,760,435
100$2,401,613$0$0$1,894,466