Can I retire at age 75 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$67,715$67,112$66,523$65,949$65,388$64,598
2 years$33,522$32,898$32,293$31,706$31,137$30,342
3 years$22,126$21,499$20,896$20,314$19,755$18,979
4 years$16,429$15,804$15,207$14,635$14,089$13,339
5 years$13,012$12,391$11,801$11,241$10,710$9,988
6 years$10,735$10,118$9,537$8,990$8,475$7,781
7 years$9,108$8,497$7,925$7,391$6,892$6,228
8 years$7,889$7,283$6,721$6,200$5,718$5,082
9 years$6,942$6,342$5,789$5,281$4,815$4,208
10 years$6,184$5,590$5,047$4,552$4,103$3,524
11 years$5,565$4,976$4,443$3,962$3,529$2,978
12 years$5,049$4,466$3,943$3,475$3,058$2,534
13 years$4,613$4,036$3,523$3,068$2,666$2,169
14 years$4,239$3,669$3,165$2,723$2,337$1,866
15 years$3,916$3,352$2,858$2,429$2,058$1,611
16 years$3,633$3,075$2,591$2,175$1,819$1,396
17 years$3,384$2,832$2,358$1,954$1,613$1,214
18 years$3,162$2,617$2,152$1,761$1,434$1,057
19 years$2,965$2,425$1,970$1,591$1,278$923
20 years$2,787$2,254$1,808$1,441$1,142$807
21 years$2,626$2,099$1,663$1,308$1,022$707
22 years$2,480$1,960$1,533$1,189$916$620
23 years$2,348$1,833$1,416$1,083$822$545
24 years$2,226$1,717$1,309$988$739$479
25 years$2,114$1,611$1,212$902$665$422
26 years$2,011$1,515$1,125$825$599$371
27 years$1,916$1,425$1,044$755$540$327
28 years$1,828$1,343$971$692$487$289
29 years$1,746$1,267$903$634$440$255
30 years$1,669$1,197$841$582$398$225
31 years$1,598$1,131$784$535$359$198
32 years$1,531$1,070$732$491$325$175
33 years$1,468$1,014$683$452$294$155
34 years$1,410$961$639$416$266$137
35 years$1,354$911$597$383$241$121
36 years$1,302$865$558$352$219$107
37 years$1,253$821$523$325$198$95
38 years$1,207$781$489$299$180$84
39 years$1,163$742$459$276$163$74
40 years$1,121$706$430$255$148$66
41 years$1,082$672$403$235$134$58
42 years$1,044$640$378$217$122$51
43 years$1,008$610$355$200$110$45
44 years$974$581$333$185$100$40
45 years$942$555$313$171$91$36
46 years$911$529$294$158$83$32
47 years$882$505$276$146$75$28
48 years$853$482$259$135$68$25
49 years$826$460$244$124$62$22
50 years$801$440$229$115$56$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $820,000, adding $5,506 every year, while hoping to spend $20,326 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: 30/41/29 Blend
74$820,000$820,000$820,000$820,000
75$909,319$865,859$853,149$928,377
76$980,443$886,660$860,103$964,570
77$1,058,141$907,798$866,609$1,001,339
78$1,143,060$929,270$872,629$1,040,495
79$1,235,917$951,068$878,127$1,082,261
80$1,337,497$973,188$883,061$1,126,880
81$1,448,668$995,619$887,389$1,174,625
82$1,570,382$1,018,355$891,067$1,225,792
83$1,703,690$1,041,384$894,047$1,280,711
84$1,849,750$1,064,695$896,281$1,339,745
85$2,009,834$1,088,275$897,717$1,403,294
86$2,185,347$1,112,110$898,299$1,471,798
87$2,377,833$1,136,184$897,973$1,545,746
88$2,588,994$1,160,479$896,677$1,625,675
89$2,820,706$1,184,976$894,350$1,712,177
90$3,075,032$1,209,655$890,925$1,805,906
91$3,354,248$1,234,490$886,334$1,907,584
92$3,660,859$1,259,458$880,504$2,018,006
93$3,997,626$1,284,531$873,360$2,138,051
94$4,367,588$1,309,678$864,822$2,268,687
95$4,774,097$1,334,866$854,808$2,410,983
96$5,220,841$1,360,061$843,230$2,566,116
97$5,711,886$1,385,223$829,998$2,735,389
98$6,251,711$1,410,312$815,016$2,920,234
99$6,845,251$1,435,282$798,184$3,122,234
100$7,497,941$1,460,086$779,398$3,343,135