Can I retire at age 75 with 2,520,000?

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 $2,520,000?

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$208,099$206,246$204,437$202,672$200,948$197,864
2 years$103,019$101,101$99,241$97,438$95,690$92,589
3 years$67,997$66,070$64,216$62,430$60,709$57,690
4 years$50,490$48,569$46,733$44,977$43,299$40,383
5 years$39,988$38,079$36,266$34,547$32,915$30,112
6 years$32,989$31,094$29,309$27,627$26,044$23,357
7 years$27,992$26,113$24,356$22,714$21,181$18,611
8 years$24,246$22,383$20,655$19,054$17,572$15,118
9 years$21,333$19,489$17,791$16,230$14,798$12,459
10 years$19,005$17,178$15,510$13,990$12,609$10,383
11 years$17,101$15,293$13,655$12,176$10,844$8,729
12 years$15,516$13,726$12,118$10,680$9,397$7,390
13 years$14,175$12,404$10,827$9,429$8,194$6,293
14 years$13,027$11,275$9,728$8,370$7,183$5,384
15 years$12,033$10,300$8,783$7,464$6,325$4,625
16 years$11,165$9,450$7,963$6,683$5,590$3,986
17 years$10,399$8,703$7,246$6,005$4,956$3,444
18 years$9,719$8,042$6,615$5,412$4,407$2,984
19 years$9,111$7,453$6,056$4,890$3,928$2,590
20 years$8,565$6,926$5,558$4,429$3,508$2,252
21 years$8,071$6,451$5,112$4,019$3,140$1,961
22 years$7,623$6,022$4,711$3,655$2,814$1,710
23 years$7,214$5,632$4,350$3,328$2,526$1,492
24 years$6,840$5,277$4,023$3,036$2,271$1,304
25 years$6,497$4,952$3,726$2,772$2,043$1,140
26 years$6,180$4,654$3,456$2,535$1,840$998
27 years$5,888$4,380$3,209$2,320$1,659$874
28 years$5,617$4,128$2,983$2,126$1,497$765
29 years$5,364$3,894$2,776$1,949$1,352$671
30 years$5,130$3,677$2,586$1,789$1,222$588
31 years$4,910$3,476$2,411$1,643$1,104$516
32 years$4,705$3,289$2,249$1,510$999$453
33 years$4,513$3,115$2,100$1,389$904$397
34 years$4,332$2,952$1,962$1,278$819$349
35 years$4,162$2,800$1,835$1,176$741$306
36 years$4,002$2,658$1,716$1,083$672$269
37 years$3,851$2,524$1,606$998$609$236
38 years$3,708$2,399$1,504$920$552$208
39 years$3,573$2,281$1,409$848$501$183
40 years$3,445$2,170$1,321$782$454$160
41 years$3,324$2,066$1,239$722$412$141
42 years$3,208$1,968$1,162$666$374$124
43 years$3,099$1,875$1,090$615$339$109
44 years$2,994$1,787$1,023$568$308$96
45 years$2,895$1,704$961$524$280$84
46 years$2,800$1,626$903$484$254$74
47 years$2,709$1,551$848$447$230$65
48 years$2,622$1,481$797$414$209$57
49 years$2,540$1,414$749$382$190$50
50 years$2,460$1,351$704$353$173$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,520,000, adding $2,876 every year, while hoping to spend $44,842 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: 68/14/18 Blend
74$2,520,000$2,520,000$2,520,000$2,520,000
75$2,780,007$2,646,447$2,607,387$2,956,691
76$3,015,856$2,728,411$2,647,023$3,157,006
77$3,274,259$2,812,889$2,686,483$3,370,514
78$3,557,468$2,899,955$2,725,716$3,602,952
79$3,867,966$2,989,689$2,764,663$3,856,182
80$4,208,485$3,082,171$2,803,266$4,132,253
81$4,582,036$3,177,483$2,841,461$4,433,419
82$4,991,934$3,275,710$2,879,180$4,762,167
83$5,441,832$3,376,939$2,916,353$5,121,233
84$5,935,751$3,481,262$2,952,904$5,513,631
85$6,478,124$3,588,771$2,988,752$5,942,680
86$7,073,833$3,699,560$3,023,815$6,412,036
87$7,728,254$3,813,729$3,058,003$6,925,729
88$8,447,312$3,931,378$3,091,223$7,488,194
89$9,237,534$4,052,611$3,123,375$8,104,319
90$10,106,109$4,177,536$3,154,354$8,779,489
91$11,060,959$4,306,262$3,184,052$9,519,636
92$12,110,810$4,438,902$3,212,351$10,331,293
93$13,265,278$4,575,573$3,239,130$11,221,661
94$14,534,954$4,716,395$3,264,259$12,198,671
95$15,931,512$4,861,490$3,287,604$13,271,063
96$17,467,809$5,010,986$3,309,021$14,448,465
97$19,158,013$5,165,012$3,328,361$15,741,484
98$21,017,736$5,323,703$3,345,467$17,161,811
99$23,064,177$5,487,197$3,360,172$18,722,323
100$25,316,288$5,655,634$3,372,303$20,437,211