Can I retire at age 75 with 2,130,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$175,893$174,327$172,798$171,306$169,849$168,215
2 years$87,076$85,454$83,883$82,359$80,881$79,235
3 years$57,474$55,845$54,278$52,768$51,314$49,707
4 years$42,676$41,052$39,500$38,016$36,598$35,042
5 years$33,799$32,185$30,654$29,200$27,821$26,321
6 years$27,884$26,282$24,773$23,352$22,014$20,572
7 years$23,660$22,071$20,586$19,199$17,903$16,520
8 years$20,493$18,919$17,459$16,105$14,852$13,527
9 years$18,032$16,473$15,037$13,718$12,508$11,241
10 years$16,064$14,520$13,110$11,825$10,657$9,447
11 years$14,455$12,926$11,542$10,291$9,166$8,012
12 years$13,115$11,602$10,243$9,027$7,943$6,844
13 years$11,982$10,485$9,151$7,969$6,926$5,881
14 years$11,011$9,530$8,223$7,074$6,071$5,079
15 years$10,171$8,706$7,424$6,309$5,346$4,404
16 years$9,437$7,988$6,731$5,649$4,725$3,833
17 years$8,789$7,356$6,125$5,076$4,189$3,345
18 years$8,215$6,798$5,591$4,574$3,725$2,927
19 years$7,701$6,300$5,118$4,133$3,320$2,566
20 years$7,239$5,854$4,697$3,743$2,966$2,255
21 years$6,822$5,453$4,321$3,397$2,654$1,984
22 years$6,443$5,090$3,982$3,089$2,379$1,748
23 years$6,098$4,761$3,677$2,813$2,135$1,543
24 years$5,782$4,460$3,400$2,566$1,919$1,363
25 years$5,491$4,186$3,150$2,343$1,727$1,205
26 years$5,224$3,934$2,921$2,143$1,556$1,066
27 years$4,977$3,702$2,712$1,961$1,403$944
28 years$4,747$3,489$2,522$1,797$1,266$836
29 years$4,534$3,291$2,347$1,648$1,143$741
30 years$4,336$3,108$2,186$1,512$1,033$658
31 years$4,150$2,938$2,038$1,389$934$584
32 years$3,977$2,780$1,901$1,276$844$518
33 years$3,815$2,633$1,775$1,174$764$460
34 years$3,662$2,495$1,659$1,080$692$409
35 years$3,518$2,367$1,551$994$627$363
36 years$3,383$2,247$1,451$916$568$323
37 years$3,255$2,134$1,358$844$515$287
38 years$3,135$2,028$1,271$778$467$255
39 years$3,020$1,928$1,191$717$423$227
40 years$2,912$1,835$1,117$661$384$202
41 years$2,809$1,746$1,047$610$348$179
42 years$2,712$1,663$982$563$316$160
43 years$2,619$1,585$922$520$287$142
44 years$2,531$1,510$865$480$260$126
45 years$2,447$1,440$812$443$236$112
46 years$2,366$1,374$763$409$215$100
47 years$2,290$1,311$717$378$195$89
48 years$2,217$1,252$674$350$177$79
49 years$2,147$1,195$633$323$161$71
50 years$2,080$1,142$595$299$146$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,130,000, adding $6,682 every year, while hoping to spend $37,166 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: 81/5/14 Blend
74$2,130,000$2,130,000$2,130,000$2,130,000
75$2,354,152$2,241,262$2,208,247$2,537,810
76$2,554,732$2,311,540$2,242,679$2,729,688
77$2,774,524$2,384,015$2,277,019$2,934,761
78$3,015,451$2,458,757$2,311,224$3,158,801
79$3,279,627$2,535,836$2,345,250$3,403,695
80$3,569,381$2,615,325$2,379,049$3,671,518
81$3,887,281$2,697,298$2,412,569$3,964,557
82$4,236,151$2,781,834$2,445,758$4,285,333
83$4,619,106$2,869,011$2,478,559$4,636,619
84$5,039,575$2,958,913$2,510,910$5,021,473
85$5,501,335$3,051,623$2,542,749$5,443,262
86$6,008,548$3,147,229$2,574,008$5,905,695
87$6,565,798$3,245,821$2,604,615$6,412,860
88$7,178,135$3,347,492$2,634,496$6,969,258
89$7,851,124$3,452,338$2,663,570$7,579,849
90$8,590,893$3,560,457$2,691,755$8,250,098
91$9,404,195$3,671,951$2,718,960$8,986,025
92$10,298,471$3,786,925$2,745,093$9,794,263
93$11,281,917$3,905,486$2,770,056$10,682,121
94$12,363,565$4,027,747$2,793,744$11,657,650
95$13,553,363$4,153,821$2,816,050$12,729,724
96$14,862,275$4,283,828$2,836,856$13,908,116
97$16,302,380$4,417,888$2,856,044$15,203,598
98$17,886,987$4,556,129$2,873,486$16,628,039
99$19,630,759$4,698,679$2,889,047$18,194,514
100$21,549,854$4,845,671$2,902,587$19,917,433