Can I retire at age 75 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$185,803$184,148$182,533$180,957$179,418$176,664
2 years$91,982$90,269$88,608$86,999$85,437$82,669
3 years$60,712$58,991$57,335$55,741$54,205$51,509
4 years$45,080$43,365$41,726$40,158$38,659$36,056
5 years$35,704$33,999$32,381$30,845$29,388$26,886
6 years$29,455$27,762$26,168$24,667$23,254$20,855
7 years$24,993$23,315$21,746$20,280$18,912$16,617
8 years$21,648$19,985$18,442$17,013$15,689$13,498
9 years$19,048$17,401$15,884$14,491$13,212$11,124
10 years$16,969$15,338$13,848$12,491$11,258$9,270
11 years$15,269$13,654$12,192$10,871$9,682$7,794
12 years$13,853$12,255$10,820$9,536$8,390$6,599
13 years$12,657$11,075$9,667$8,418$7,316$5,619
14 years$11,632$10,067$8,686$7,473$6,414$4,807
15 years$10,744$9,197$7,842$6,665$5,647$4,129
16 years$9,968$8,438$7,110$5,967$4,991$3,559
17 years$9,285$7,771$6,470$5,362$4,425$3,075
18 years$8,677$7,181$5,906$4,832$3,935$2,664
19 years$8,135$6,655$5,407$4,366$3,507$2,312
20 years$7,647$6,184$4,962$3,954$3,133$2,011
21 years$7,206$5,760$4,564$3,589$2,803$1,751
22 years$6,806$5,377$4,207$3,263$2,513$1,527
23 years$6,441$5,029$3,884$2,972$2,256$1,332
24 years$6,108$4,712$3,592$2,710$2,027$1,164
25 years$5,801$4,422$3,327$2,475$1,824$1,018
26 years$5,518$4,156$3,086$2,263$1,643$891
27 years$5,257$3,911$2,865$2,072$1,482$780
28 years$5,015$3,685$2,664$1,898$1,337$683
29 years$4,790$3,477$2,479$1,741$1,207$599
30 years$4,580$3,283$2,309$1,597$1,091$525
31 years$4,384$3,104$2,152$1,467$986$461
32 years$4,201$2,937$2,008$1,348$892$404
33 years$4,029$2,781$1,875$1,240$807$355
34 years$3,868$2,636$1,752$1,141$731$312
35 years$3,716$2,500$1,638$1,050$662$274
36 years$3,574$2,373$1,532$967$600$240
37 years$3,439$2,254$1,434$891$544$211
38 years$3,311$2,142$1,343$821$493$185
39 years$3,190$2,037$1,258$757$447$163
40 years$3,076$1,938$1,179$699$405$143
41 years$2,968$1,845$1,106$644$368$126
42 years$2,865$1,757$1,037$595$334$111
43 years$2,767$1,674$973$549$303$97
44 years$2,673$1,596$914$507$275$85
45 years$2,584$1,522$858$468$250$75
46 years$2,500$1,451$806$432$227$66
47 years$2,419$1,385$757$400$206$58
48 years$2,341$1,322$711$369$187$51
49 years$2,268$1,263$669$341$170$45
50 years$2,197$1,206$629$315$154$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,250,000, adding $6,612 every year, while hoping to spend $24,366 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: 52/42/6 Blend
74$2,250,000$2,250,000$2,250,000$2,250,000
75$2,486,320$2,367,070$2,332,195$2,611,748
76$2,714,000$2,457,131$2,384,399$2,787,611
77$2,964,086$2,550,789$2,437,534$2,975,540
78$3,238,838$2,648,193$2,491,607$3,179,316
79$3,540,747$2,749,502$2,546,623$3,400,433
80$3,872,553$2,854,878$2,602,585$3,640,536
81$4,237,280$2,964,493$2,659,498$3,901,432
82$4,638,255$3,078,526$2,717,364$4,185,108
83$5,079,146$3,197,162$2,776,184$4,493,747
84$5,563,993$3,320,597$2,835,960$4,829,750
85$6,097,247$3,449,034$2,896,693$5,195,758
86$6,683,815$3,582,685$2,958,380$5,594,675
87$7,329,098$3,721,770$3,021,020$6,029,695
88$8,039,052$3,866,523$3,084,609$6,504,332
89$8,820,236$4,017,183$3,149,145$7,022,451
90$9,679,878$4,174,004$3,214,620$7,588,305
91$10,625,944$4,337,248$3,281,027$8,206,574
92$11,667,208$4,507,191$3,348,359$8,882,407
93$12,813,339$4,684,119$3,416,606$9,621,471
94$14,074,992$4,868,334$3,485,755$10,430,002
95$15,463,907$5,060,148$3,555,793$11,314,866
96$16,993,019$5,259,888$3,626,705$12,283,619
97$18,676,581$5,467,897$3,698,475$13,344,578
98$20,530,301$5,684,533$3,771,082$14,506,899
99$22,571,485$5,910,168$3,844,506$15,780,665
100$24,819,202$6,145,192$3,918,723$17,176,972