Can I retire at age 75 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$182,500$180,874$179,288$177,740$176,229$173,810
2 years$90,346$88,664$87,033$85,452$83,918$81,486
3 years$59,633$57,943$56,316$54,750$53,241$50,871
4 years$44,279$42,594$40,984$39,444$37,972$35,682
5 years$35,069$33,394$31,805$30,297$28,866$26,662
6 years$28,931$27,269$25,703$24,229$22,841$20,726
7 years$24,548$22,900$21,359$19,920$18,575$16,551
8 years$21,263$19,630$18,115$16,710$15,410$13,476
9 years$18,709$17,091$15,602$14,233$12,978$11,132
10 years$16,667$15,065$13,602$12,269$11,058$9,300
11 years$14,997$13,412$11,975$10,678$9,510$7,838
12 years$13,607$12,038$10,628$9,366$8,241$6,653
13 years$12,432$10,878$9,495$8,269$7,186$5,680
14 years$11,425$9,888$8,531$7,340$6,300$4,873
15 years$10,553$9,033$7,703$6,546$5,547$4,197
16 years$9,791$8,288$6,984$5,861$4,902$3,627
17 years$9,119$7,633$6,355$5,266$4,347$3,143
18 years$8,523$7,053$5,801$4,746$3,865$2,731
19 years$7,990$6,537$5,311$4,288$3,445$2,377
20 years$7,511$6,074$4,874$3,884$3,077$2,073
21 years$7,078$5,658$4,483$3,525$2,753$1,811
22 years$6,685$5,281$4,132$3,205$2,468$1,584
23 years$6,327$4,940$3,815$2,919$2,216$1,387
24 years$5,999$4,628$3,528$2,662$1,991$1,215
25 years$5,698$4,343$3,268$2,431$1,792$1,066
26 years$5,420$4,082$3,031$2,223$1,614$936
27 years$5,163$3,842$2,814$2,035$1,455$822
28 years$4,926$3,620$2,616$1,864$1,313$723
29 years$4,705$3,415$2,435$1,710$1,186$635
30 years$4,499$3,225$2,268$1,569$1,071$559
31 years$4,306$3,049$2,114$1,441$969$492
32 years$4,126$2,885$1,973$1,324$876$433
33 years$3,958$2,732$1,842$1,218$793$381
34 years$3,799$2,589$1,721$1,120$718$336
35 years$3,650$2,456$1,609$1,031$650$296
36 years$3,510$2,331$1,505$950$589$261
37 years$3,377$2,214$1,409$875$534$230
38 years$3,252$2,104$1,319$807$484$203
39 years$3,134$2,001$1,236$744$439$179
40 years$3,021$1,903$1,158$686$398$158
41 years$2,915$1,812$1,086$633$361$139
42 years$2,814$1,726$1,019$584$328$123
43 years$2,717$1,644$956$539$297$108
44 years$2,626$1,567$898$498$270$95
45 years$2,539$1,494$843$460$245$84
46 years$2,455$1,426$792$425$223$74
47 years$2,376$1,361$744$392$202$66
48 years$2,300$1,299$699$363$184$58
49 years$2,227$1,240$657$335$167$51
50 years$2,158$1,185$618$310$151$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,210,000, adding $3,222 every year, while hoping to spend $52,255 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: 53/26/21 Blend
74$2,210,000$2,210,000$2,210,000$2,210,000
75$2,438,743$2,321,613$2,287,358$2,553,761
76$2,631,896$2,379,774$2,308,386$2,691,351
77$2,843,000$2,439,032$2,328,367$2,835,276
78$3,073,829$2,499,388$2,347,210$2,990,778
79$3,326,339$2,560,838$2,364,821$3,158,979
80$3,602,683$2,623,376$2,381,101$3,341,112
81$3,905,232$2,686,997$2,395,942$3,538,538
82$4,236,595$2,751,689$2,409,236$3,752,755
83$4,599,648$2,817,442$2,420,866$3,985,413
84$4,997,556$2,884,241$2,430,709$4,238,331
85$5,433,807$2,952,069$2,438,638$4,513,513
86$5,912,240$3,020,905$2,444,516$4,813,168
87$6,437,084$3,090,725$2,448,204$5,139,728
88$7,013,000$3,161,503$2,449,551$5,495,875
89$7,645,117$3,233,209$2,448,403$5,884,565
90$8,339,090$3,305,807$2,444,595$6,309,055
91$9,101,144$3,379,258$2,437,956$6,772,932
92$9,938,139$3,453,520$2,428,306$7,280,153
93$10,857,631$3,528,544$2,415,456$7,835,077
94$11,867,944$3,604,278$2,399,208$8,442,508
95$12,978,248$3,680,661$2,379,355$9,107,742
96$14,198,646$3,757,630$2,355,680$9,836,615
97$15,540,267$3,835,114$2,327,956$10,635,559
98$17,015,375$3,913,035$2,295,943$11,511,663
99$18,637,480$3,991,310$2,259,393$12,472,741
100$20,421,464$4,069,846$2,218,044$13,527,405