Can I retire at age 75 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$173,416$171,871$170,364$168,893$167,457$163,875
2 years$85,850$84,251$82,701$81,199$79,741$76,150
3 years$56,665$55,059$53,513$52,025$50,591$47,103
4 years$42,075$40,474$38,944$37,481$36,082$32,723
5 years$33,323$31,732$30,222$28,789$27,429$24,209
6 years$27,491$25,912$24,424$23,023$21,704$18,626
7 years$23,327$21,761$20,296$18,928$17,651$14,717
8 years$20,205$18,653$17,213$15,878$14,643$11,851
9 years$17,778$16,241$14,825$13,525$12,332$9,680
10 years$15,837$14,315$12,925$11,659$10,507$7,993
11 years$14,251$12,744$11,379$10,146$9,037$6,656
12 years$12,930$11,438$10,099$8,900$7,831$5,581
13 years$11,813$10,337$9,023$7,857$6,829$4,706
14 years$10,856$9,396$8,107$6,975$5,986$3,985
15 years$10,028$8,583$7,319$6,220$5,271$3,388
16 years$9,304$7,875$6,636$5,570$4,658$2,889
17 years$8,666$7,253$6,039$5,004$4,130$2,470
18 years$8,099$6,702$5,512$4,510$3,672$2,117
19 years$7,592$6,211$5,046$4,075$3,273$1,817
20 years$7,137$5,772$4,631$3,691$2,924$1,562
21 years$6,726$5,376$4,260$3,350$2,616$1,345
22 years$6,352$5,018$3,926$3,045$2,345$1,159
23 years$6,012$4,694$3,625$2,774$2,105$1,000
24 years$5,700$4,398$3,353$2,530$1,892$864
25 years$5,414$4,127$3,105$2,310$1,703$746
26 years$5,150$3,879$2,880$2,112$1,534$645
27 years$4,906$3,650$2,674$1,934$1,383$558
28 years$4,680$3,440$2,486$1,772$1,248$483
29 years$4,470$3,245$2,313$1,625$1,127$418
30 years$4,275$3,064$2,155$1,491$1,018$362
31 years$4,092$2,897$2,009$1,369$920$314
32 years$3,921$2,741$1,874$1,258$833$272
33 years$3,761$2,596$1,750$1,157$753$236
34 years$3,610$2,460$1,635$1,065$682$204
35 years$3,469$2,334$1,529$980$618$177
36 years$3,335$2,215$1,430$903$560$154
37 years$3,209$2,104$1,339$832$507$133
38 years$3,090$1,999$1,254$767$460$116
39 years$2,978$1,901$1,174$707$417$100
40 years$2,871$1,809$1,101$652$378$87
41 years$2,770$1,722$1,032$602$343$76
42 years$2,674$1,640$968$555$311$66
43 years$2,582$1,562$909$512$283$57
44 years$2,495$1,489$853$473$257$49
45 years$2,412$1,420$801$437$233$43
46 years$2,333$1,355$752$404$211$37
47 years$2,258$1,293$707$373$192$32
48 years$2,185$1,234$664$345$174$28
49 years$2,116$1,179$624$318$158$24
50 years$2,050$1,126$587$294$144$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,100,000, adding $4,198 every year, while hoping to spend $23,970 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: 51/44/5 Blend
74$2,100,000$2,100,000$2,100,000$2,100,000
75$2,318,530$2,207,230$2,174,680$2,433,880
76$2,529,516$2,289,881$2,222,028$2,595,299
77$2,761,220$2,375,778$2,270,159$2,767,715
78$3,015,728$2,465,055$2,319,073$2,954,550
79$3,295,342$2,557,852$2,368,771$3,157,163
80$3,602,594$2,654,314$2,419,253$3,377,043
81$3,940,277$2,754,593$2,470,516$3,615,830
82$4,311,465$2,858,848$2,522,558$3,875,325
83$4,719,547$2,967,244$2,575,376$4,157,508
84$5,168,255$3,079,953$2,628,965$4,464,557
85$5,661,701$3,197,156$2,683,320$4,798,866
86$6,204,417$3,319,039$2,738,434$5,163,068
87$6,801,395$3,445,798$2,794,298$5,560,058
88$7,458,134$3,577,640$2,850,904$5,993,021
89$8,180,695$3,714,775$2,908,241$6,465,462
90$8,975,755$3,857,428$2,966,296$6,981,235
91$9,850,671$4,005,831$3,025,056$7,544,582
92$10,813,549$4,160,227$3,084,505$8,160,169
93$11,873,321$4,320,868$3,144,626$8,833,134
94$13,039,829$4,488,019$3,205,400$9,569,128
95$14,323,916$4,661,957$3,266,806$10,374,373
96$15,737,533$4,842,970$3,328,820$11,255,715
97$17,293,844$5,031,358$3,391,419$12,220,693
98$19,007,358$5,227,437$3,454,573$13,277,603
99$20,894,061$5,431,534$3,518,254$14,435,582
100$22,971,569$5,643,992$3,582,429$15,704,684