Can I retire at age 75 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$177,545$175,964$174,421$172,915$171,444$166,826
2 years$87,894$86,257$84,670$83,132$81,640$77,020
3 years$58,014$56,370$54,787$53,263$51,796$47,319
4 years$43,077$41,438$39,871$38,373$36,941$32,642
5 years$34,117$32,488$30,942$29,474$28,082$23,972
6 years$28,145$26,529$25,005$23,571$22,220$18,304
7 years$23,882$22,279$20,780$19,379$18,071$14,348
8 years$20,686$19,097$17,623$16,257$14,992$11,460
9 years$18,201$16,627$15,178$13,847$12,625$9,281
10 years$16,215$14,656$13,233$11,936$10,757$7,598
11 years$14,590$13,048$11,650$10,388$9,252$6,271
12 years$13,238$11,711$10,339$9,112$8,017$5,210
13 years$12,094$10,583$9,237$8,044$6,991$4,352
14 years$11,115$9,620$8,300$7,141$6,128$3,651
15 years$10,267$8,788$7,494$6,368$5,396$3,073
16 years$9,525$8,063$6,794$5,702$4,769$2,595
17 years$8,872$7,425$6,182$5,123$4,229$2,196
18 years$8,292$6,861$5,644$4,617$3,760$1,862
19 years$7,773$6,359$5,166$4,172$3,351$1,582
20 years$7,307$5,909$4,742$3,779$2,993$1,346
21 years$6,886$5,504$4,361$3,429$2,679$1,146
22 years$6,504$5,138$4,020$3,118$2,401$977
23 years$6,155$4,805$3,711$2,840$2,155$834
24 years$5,836$4,502$3,432$2,590$1,937$712
25 years$5,543$4,225$3,179$2,365$1,743$609
26 years$5,273$3,971$2,948$2,163$1,570$520
27 years$5,023$3,737$2,738$1,980$1,416$445
28 years$4,792$3,522$2,545$1,814$1,277$381
29 years$4,577$3,322$2,369$1,663$1,153$326
30 years$4,376$3,137$2,206$1,526$1,042$279
31 years$4,189$2,966$2,057$1,402$942$239
32 years$4,014$2,806$1,919$1,288$852$205
33 years$3,850$2,658$1,792$1,185$771$175
34 years$3,696$2,519$1,674$1,090$698$150
35 years$3,551$2,389$1,565$1,003$633$129
36 years$3,415$2,268$1,464$924$573$110
37 years$3,286$2,154$1,370$852$519$95
38 years$3,164$2,047$1,283$785$471$81
39 years$3,049$1,946$1,202$724$427$70
40 years$2,939$1,852$1,127$667$387$60
41 years$2,836$1,763$1,057$616$351$51
42 years$2,737$1,679$991$568$319$44
43 years$2,644$1,599$930$525$289$38
44 years$2,555$1,525$873$484$263$32
45 years$2,470$1,454$820$447$238$28
46 years$2,389$1,387$770$413$217$24
47 years$2,311$1,324$723$382$197$20
48 years$2,237$1,264$680$353$179$17
49 years$2,167$1,207$639$326$162$15
50 years$2,099$1,153$601$301$147$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,150,000, adding $3,301 every year, while hoping to spend $49,153 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: 79/12/9 Blend
74$2,150,000$2,150,000$2,150,000$2,150,000
75$2,372,705$2,258,755$2,225,430$2,556,655
76$2,562,422$2,317,136$2,247,683$2,736,222
77$2,769,844$2,376,729$2,269,035$2,926,434
78$2,996,723$2,437,544$2,289,403$3,133,653
79$3,244,991$2,499,586$2,308,700$3,359,551
80$3,516,774$2,562,860$2,326,835$3,605,974
81$3,814,414$2,627,369$2,343,713$3,874,950
82$4,140,489$2,693,115$2,359,233$4,168,717
83$4,497,840$2,760,099$2,373,288$4,489,736
84$4,889,594$2,828,318$2,385,768$4,840,720
85$5,319,195$2,897,768$2,396,554$5,224,657
86$5,790,438$2,968,444$2,405,523$5,644,838
87$6,307,501$3,040,336$2,412,547$6,104,887
88$6,874,988$3,113,434$2,417,488$6,608,798
89$7,497,968$3,187,723$2,420,206$7,160,970
90$8,182,026$3,263,188$2,420,548$7,766,250
91$8,933,316$3,339,806$2,418,359$8,429,976
92$9,758,613$3,417,556$2,413,474$9,158,031
93$10,665,385$3,496,410$2,405,718$9,956,895
94$11,661,857$3,576,337$2,394,912$10,833,709
95$12,757,090$3,657,301$2,380,865$11,796,340
96$13,961,067$3,739,262$2,363,378$12,853,454
97$15,284,786$3,822,176$2,342,242$14,014,603
98$16,740,365$3,905,994$2,317,238$15,290,309
99$18,341,153$3,990,659$2,288,136$16,692,166
100$20,101,860$4,076,110$2,254,698$18,232,950