Can I retire at age 76 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$149,468$148,137$146,838$145,570$144,332$140,786
2 years$73,994$72,616$71,280$69,986$68,729$65,179
3 years$48,839$47,455$46,123$44,840$43,605$40,160
4 years$36,265$34,885$33,566$32,305$31,099$27,788
5 years$28,722$27,350$26,048$24,813$23,641$20,472
6 years$23,695$22,333$21,051$19,843$18,706$15,682
7 years$20,105$18,756$17,494$16,314$15,213$12,335
8 years$17,414$16,077$14,836$13,686$12,621$9,887
9 years$15,323$13,998$12,778$11,657$10,629$8,036
10 years$13,650$12,338$11,140$10,049$9,056$6,603
11 years$12,283$10,984$9,808$8,745$7,789$5,471
12 years$11,144$9,859$8,704$7,671$6,749$4,564
13 years$10,182$8,909$7,777$6,772$5,886$3,827
14 years$9,357$8,098$6,987$6,012$5,159$3,224
15 years$8,643$7,398$6,309$5,361$4,543$2,725
16 years$8,019$6,788$5,720$4,800$4,015$2,311
17 years$7,469$6,251$5,205$4,313$3,560$1,964
18 years$6,980$5,776$4,751$3,887$3,165$1,673
19 years$6,544$5,353$4,349$3,512$2,821$1,428
20 years$6,152$4,975$3,992$3,181$2,520$1,220
21 years$5,797$4,634$3,672$2,887$2,255$1,044
22 years$5,475$4,325$3,384$2,625$2,021$894
23 years$5,182$4,045$3,124$2,391$1,815$767
24 years$4,913$3,790$2,890$2,180$1,631$658
25 years$4,666$3,557$2,676$1,991$1,468$565
26 years$4,439$3,343$2,482$1,821$1,322$485
27 years$4,229$3,146$2,305$1,666$1,192$417
28 years$4,034$2,965$2,143$1,527$1,075$359
29 years$3,853$2,797$1,994$1,400$971$309
30 years$3,684$2,641$1,857$1,285$877$265
31 years$3,527$2,497$1,732$1,180$793$228
32 years$3,380$2,363$1,616$1,085$718$197
33 years$3,241$2,237$1,508$997$649$169
34 years$3,112$2,121$1,409$918$588$146
35 years$2,990$2,011$1,318$845$533$126
36 years$2,875$1,909$1,233$778$483$108
37 years$2,766$1,813$1,154$717$437$93
38 years$2,664$1,723$1,080$661$396$80
39 years$2,567$1,639$1,012$609$360$69
40 years$2,475$1,559$949$562$326$60
41 years$2,387$1,484$890$518$296$51
42 years$2,304$1,413$835$478$268$44
43 years$2,226$1,347$783$442$244$38
44 years$2,151$1,284$735$408$221$33
45 years$2,079$1,224$690$377$201$28
46 years$2,011$1,168$648$348$182$24
47 years$1,946$1,114$609$321$166$21
48 years$1,884$1,064$572$297$150$18
49 years$1,824$1,016$538$274$137$16
50 years$1,767$970$506$254$124$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 76 starting with $1,810,000, adding $6,338 every year, while hoping to spend $40,341 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: 38/47/15 Blend
75$1,810,000$1,810,000$1,810,000$1,810,000
76$2,001,158$1,905,228$1,877,173$2,067,911
77$2,162,353$1,955,661$1,897,135$2,166,678
78$2,338,639$2,007,214$1,916,415$2,268,996
79$2,531,511$2,059,898$1,934,946$2,378,703
80$2,742,617$2,113,726$1,952,658$2,496,487
81$2,973,772$2,168,706$1,969,481$2,623,100
82$3,226,975$2,224,851$1,985,336$2,759,372
83$3,504,425$2,282,167$2,000,144$2,906,217
84$3,808,546$2,340,664$2,013,819$3,064,640
85$4,142,008$2,400,347$2,026,272$3,235,749
86$4,507,751$2,461,221$2,037,410$3,420,762
87$4,909,011$2,523,291$2,047,133$3,621,023
88$5,349,357$2,586,559$2,055,338$3,838,011
89$5,832,716$2,651,025$2,061,917$4,073,353
90$6,363,416$2,716,688$2,066,754$4,328,843
91$6,946,224$2,783,545$2,069,730$4,606,459
92$7,586,391$2,851,591$2,070,718$4,908,377
93$8,289,703$2,920,819$2,069,587$5,236,995
94$9,062,531$2,991,217$2,066,196$5,594,956
95$9,911,897$3,062,775$2,060,402$5,985,172
96$10,845,536$3,135,476$2,052,050$6,410,849
97$11,871,968$3,209,302$2,040,982$6,875,523
98$13,000,582$3,284,232$2,027,028$7,383,089
99$14,241,722$3,360,239$2,010,014$7,937,839
100$15,606,783$3,437,296$1,989,755$8,544,501