Can I retire at age 75 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$52,520$52,052$51,596$51,151$50,716$50,417
2 years$26,000$25,516$25,047$24,592$24,150$23,849
3 years$17,161$16,675$16,207$15,756$15,322$15,027
4 years$12,743$12,258$11,794$11,351$10,928$10,642
5 years$10,092$9,610$9,153$8,719$8,307$8,031
6 years$8,326$7,848$7,397$6,973$6,573$6,308
7 years$7,065$6,590$6,147$5,733$5,346$5,090
8 years$6,119$5,649$5,213$4,809$4,435$4,190
9 years$5,384$4,919$4,490$4,096$3,735$3,500
10 years$4,796$4,335$3,914$3,531$3,182$2,957
11 years$4,316$3,860$3,446$3,073$2,737$2,522
12 years$3,916$3,464$3,058$2,695$2,372$2,167
13 years$3,578$3,131$2,733$2,380$2,068$1,873
14 years$3,288$2,846$2,455$2,112$1,813$1,627
15 years$3,037$2,600$2,217$1,884$1,596$1,419
16 years$2,818$2,385$2,010$1,687$1,411$1,243
17 years$2,624$2,197$1,829$1,516$1,251$1,091
18 years$2,453$2,030$1,669$1,366$1,112$961
19 years$2,299$1,881$1,528$1,234$991$848
20 years$2,162$1,748$1,403$1,118$885$750
21 years$2,037$1,628$1,290$1,014$792$664
22 years$1,924$1,520$1,189$922$710$589
23 years$1,821$1,422$1,098$840$638$524
24 years$1,726$1,332$1,015$766$573$466
25 years$1,640$1,250$940$700$516$415
26 years$1,560$1,175$872$640$465$369
27 years$1,486$1,106$810$586$419$329
28 years$1,418$1,042$753$537$378$294
29 years$1,354$983$701$492$341$263
30 years$1,295$928$653$452$308$235
31 years$1,239$877$608$415$279$210
32 years$1,188$830$568$381$252$188
33 years$1,139$786$530$350$228$168
34 years$1,093$745$495$322$207$150
35 years$1,051$707$463$297$187$134
36 years$1,010$671$433$273$170$120
37 years$972$637$405$252$154$108
38 years$936$605$380$232$139$97
39 years$902$576$356$214$126$87
40 years$870$548$333$197$115$78
41 years$839$521$313$182$104$70
42 years$810$497$293$168$94$62
43 years$782$473$275$155$86$56
44 years$756$451$258$143$78$50
45 years$731$430$243$132$71$45
46 years$707$410$228$122$64$40
47 years$684$392$214$113$58$36
48 years$662$374$201$104$53$32
49 years$641$357$189$96$48$29
50 years$621$341$178$89$44$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $636,000, adding $6,303 every year, while hoping to spend $52,251 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: 55/33/12 Blend
74$636,000$636,000$636,000$636,000
75$707,374$673,666$663,808$743,771
76$723,931$651,080$630,450$746,589
77$740,426$625,638$594,225$743,420
78$756,797$597,142$554,979$738,748
79$772,975$565,386$512,555$732,442
80$788,881$530,152$466,788$724,356
81$804,427$491,210$417,505$714,337
82$819,513$448,314$364,527$702,217
83$834,029$401,207$307,664$687,817
84$847,849$349,615$246,720$670,942
85$860,835$293,252$181,491$651,383
86$872,831$231,811$111,761$628,913
87$883,662$164,972$37,307$603,288
88$893,134$92,395$0$574,245
89$901,032$13,720$0$546,894
90$907,114$0$0$520,979
91$911,114$0$0$517,356
92$912,733$0$0$517,239
93$911,640$0$0$515,443
94$907,470$0$0$511,747
95$899,813$0$0$505,900
96$888,218$0$0$497,630
97$872,185$0$0$486,629
98$851,157$0$0$472,561
99$824,519$0$0$455,051
100$791,591$0$0$433,685