Can I retire at age 75 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$202,319$200,517$198,758$197,042$195,366$188,135
2 years$100,158$98,292$96,485$94,732$93,032$85,828
3 years$66,109$64,235$62,432$60,696$59,023$52,074
4 years$49,087$47,220$45,434$43,728$42,096$35,454
5 years$38,877$37,021$35,259$33,587$32,001$25,683
6 years$32,073$30,230$28,495$26,860$25,321$19,332
7 years$27,214$25,387$23,679$22,083$20,593$14,931
8 years$23,572$21,762$20,082$18,525$17,084$11,744
9 years$20,741$18,947$17,296$15,779$14,387$9,362
10 years$18,477$16,701$15,079$13,602$12,258$7,539
11 years$16,626$14,868$13,276$11,838$10,543$6,119
12 years$15,085$13,345$11,782$10,383$9,136$4,997
13 years$13,782$12,060$10,526$9,167$7,967$4,101
14 years$12,666$10,962$9,458$8,137$6,984$3,379
15 years$11,699$10,014$8,539$7,257$6,149$2,792
16 years$10,854$9,188$7,742$6,498$5,434$2,314
17 years$10,110$8,462$7,045$5,838$4,819$1,921
18 years$9,449$7,819$6,431$5,261$4,284$1,598
19 years$8,858$7,246$5,887$4,754$3,819$1,331
20 years$8,327$6,734$5,403$4,306$3,411$1,110
21 years$7,847$6,272$4,970$3,908$3,052$927
22 years$7,411$5,855$4,580$3,553$2,736$774
23 years$7,014$5,476$4,229$3,236$2,456$647
24 years$6,650$5,131$3,911$2,951$2,208$542
25 years$6,316$4,815$3,623$2,695$1,987$453
26 years$6,009$4,525$3,360$2,464$1,789$379
27 years$5,724$4,259$3,120$2,256$1,613$318
28 years$5,461$4,013$2,900$2,067$1,456$266
29 years$5,215$3,786$2,699$1,895$1,314$223
30 years$4,987$3,575$2,514$1,739$1,188$187
31 years$4,774$3,380$2,344$1,597$1,074$157
32 years$4,575$3,198$2,187$1,468$971$131
33 years$4,388$3,029$2,042$1,350$879$110
34 years$4,212$2,870$1,908$1,242$796$92
35 years$4,047$2,722$1,784$1,143$721$77
36 years$3,891$2,584$1,669$1,053$653$65
37 years$3,744$2,454$1,562$970$592$54
38 years$3,605$2,332$1,462$894$537$46
39 years$3,474$2,218$1,370$825$487$38
40 years$3,350$2,110$1,284$761$441$32
41 years$3,231$2,009$1,204$702$400$27
42 years$3,119$1,913$1,130$648$363$23
43 years$3,013$1,823$1,060$598$330$19
44 years$2,911$1,737$995$552$299$16
45 years$2,814$1,657$934$510$272$13
46 years$2,722$1,580$877$471$247$11
47 years$2,634$1,508$824$435$224$9
48 years$2,550$1,440$775$402$203$8
49 years$2,469$1,375$728$372$185$7
50 years$2,392$1,313$685$343$168$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,450,000, adding $6,443 every year, while hoping to spend $40,722 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: 46/46/8 Blend
74$2,450,000$2,450,000$2,450,000$2,450,000
75$2,706,546$2,576,696$2,538,721$2,824,783
76$2,939,286$2,659,626$2,580,440$2,989,835
77$3,194,400$2,745,255$2,622,192$3,164,028
78$3,474,128$2,833,672$2,663,935$3,352,045
79$3,780,937$2,924,969$2,705,624$3,555,179
80$4,117,542$3,019,242$2,747,212$3,774,847
81$4,486,935$3,116,589$2,788,648$4,012,612
82$4,892,413$3,217,113$2,829,878$4,270,187
83$5,337,606$3,320,918$2,870,846$4,549,460
84$5,826,513$3,428,114$2,911,490$4,852,506
85$6,363,538$3,538,813$2,951,746$5,181,606
86$6,953,537$3,653,132$2,991,547$5,539,272
87$7,601,854$3,771,192$3,030,820$5,928,267
88$8,314,379$3,893,117$3,069,489$6,351,630
89$9,097,602$4,019,036$3,107,473$6,812,706
90$9,958,672$4,149,082$3,144,688$7,315,176
91$10,905,463$4,283,394$3,181,041$7,863,092
92$11,946,654$4,422,114$3,216,440$8,460,914
93$13,091,804$4,565,389$3,250,782$9,113,551
94$14,351,448$4,713,373$3,283,963$9,826,407
95$15,737,190$4,866,222$3,315,870$10,605,434
96$17,261,817$5,024,101$3,346,386$11,457,181
97$18,939,418$5,187,178$3,375,386$12,388,863
98$20,785,517$5,355,628$3,402,739$13,408,422
99$22,817,218$5,529,632$3,428,309$14,524,604
100$25,053,367$5,709,377$3,451,950$15,747,043