Can I retire at age 75 with 785,000?

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 $785,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$64,825$64,247$63,684$63,134$62,597$62,073
2 years$32,091$31,494$30,914$30,353$29,808$29,279
3 years$21,182$20,581$20,004$19,447$18,911$18,395
4 years$15,728$15,130$14,558$14,011$13,488$12,988
5 years$12,457$11,862$11,297$10,762$10,253$9,771
6 years$10,276$9,686$9,130$8,606$8,113$7,649
7 years$8,720$8,134$7,587$7,076$6,598$6,152
8 years$7,553$6,973$6,434$5,936$5,474$5,047
9 years$6,646$6,071$5,542$5,056$4,610$4,201
10 years$5,920$5,351$4,832$4,358$3,928$3,537
11 years$5,327$4,764$4,254$3,793$3,378$3,005
12 years$4,833$4,276$3,775$3,327$2,927$2,572
13 years$4,416$3,864$3,373$2,937$2,553$2,215
14 years$4,058$3,512$3,030$2,607$2,238$1,916
15 years$3,749$3,209$2,736$2,325$1,970$1,665
16 years$3,478$2,944$2,481$2,082$1,741$1,452
17 years$3,239$2,711$2,257$1,871$1,544$1,270
18 years$3,027$2,505$2,061$1,686$1,373$1,113
19 years$2,838$2,322$1,886$1,523$1,224$978
20 years$2,668$2,158$1,731$1,380$1,093$861
21 years$2,514$2,010$1,592$1,252$978$760
22 years$2,375$1,876$1,468$1,138$877$671
23 years$2,247$1,755$1,355$1,037$787$593
24 years$2,131$1,644$1,253$946$707$525
25 years$2,024$1,543$1,161$864$636$466
26 years$1,925$1,450$1,077$790$573$413
27 years$1,834$1,365$1,000$723$517$366
28 years$1,750$1,286$929$662$466$326
29 years$1,671$1,213$865$607$421$289
30 years$1,598$1,146$806$557$381$257
31 years$1,530$1,083$751$512$344$229
32 years$1,466$1,025$701$470$311$204
33 years$1,406$970$654$433$282$181
34 years$1,350$920$611$398$255$161
35 years$1,297$872$571$366$231$144
36 years$1,247$828$535$337$209$128
37 years$1,200$786$500$311$190$114
38 years$1,155$747$469$287$172$102
39 years$1,113$711$439$264$156$91
40 years$1,073$676$411$244$141$81
41 years$1,035$644$386$225$128$72
42 years$999$613$362$208$116$64
43 years$965$584$340$192$106$57
44 years$933$557$319$177$96$51
45 years$902$531$299$163$87$46
46 years$872$506$281$151$79$41
47 years$844$483$264$139$72$36
48 years$817$461$248$129$65$32
49 years$791$441$233$119$59$29
50 years$766$421$219$110$54$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $785,000, adding $3,604 every year, while hoping to spend $33,076 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: 53/38/9 Blend
74$785,000$785,000$785,000$785,000
75$868,788$827,183$815,015$912,683
76$922,211$832,522$807,125$948,225
77$979,976$837,014$797,863$982,976
78$1,042,488$840,583$787,147$1,020,000
79$1,110,198$843,148$774,892$1,059,518
80$1,183,598$844,621$761,010$1,101,776
81$1,263,229$844,912$745,408$1,147,045
82$1,349,688$843,922$727,989$1,195,625
83$1,443,630$841,549$708,651$1,247,850
84$1,545,777$837,682$687,288$1,304,085
85$1,656,923$832,204$663,788$1,364,740
86$1,777,940$824,993$638,036$1,430,262
87$1,909,789$815,917$609,909$1,501,150
88$2,053,527$804,836$579,281$1,577,954
89$2,210,318$791,605$546,018$1,661,283
90$2,381,443$776,066$509,982$1,751,809
91$2,568,311$758,054$471,028$1,850,278
92$2,772,475$737,395$429,003$1,957,511
93$2,995,643$713,902$383,749$2,074,418
94$3,239,695$687,380$335,102$2,202,005
95$3,506,703$657,621$282,887$2,341,381
96$3,798,948$624,406$226,925$2,493,775
97$4,118,941$587,501$167,027$2,660,544
98$4,469,446$546,662$102,996$2,843,186
99$4,853,510$501,629$34,626$3,043,357
100$5,274,486$452,127$0$3,262,888