Can I retire at age 75 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$210,577$208,701$206,871$205,085$203,341$201,721
2 years$104,246$102,304$100,423$98,598$96,829$95,196
3 years$68,807$66,857$64,980$63,173$61,432$59,837
4 years$51,091$49,147$47,289$45,513$43,814$42,269
5 years$40,464$38,532$36,698$34,958$33,307$31,816
6 years$33,382$31,464$29,658$27,956$26,354$24,920
7 years$28,325$26,424$24,646$22,984$21,433$20,056
8 years$24,534$22,650$20,901$19,281$17,781$16,460
9 years$21,587$19,721$18,002$16,423$14,974$13,710
10 years$19,231$17,383$15,695$14,157$12,759$11,551
11 years$17,305$15,475$13,818$12,321$10,973$9,820
12 years$15,701$13,889$12,263$10,807$9,509$8,410
13 years$14,344$12,552$10,956$9,541$8,292$7,245
14 years$13,183$11,409$9,844$8,469$7,269$6,274
15 years$12,177$10,423$8,888$7,553$6,400$5,455
16 years$11,297$9,563$8,058$6,763$5,656$4,760
17 years$10,522$8,807$7,332$6,077$5,015$4,166
18 years$9,834$8,138$6,694$5,476$4,459$3,655
19 years$9,219$7,542$6,128$4,948$3,975$3,214
20 years$8,667$7,009$5,624$4,482$3,550$2,832
21 years$8,167$6,528$5,173$4,067$3,177$2,500
22 years$7,714$6,094$4,767$3,698$2,848$2,209
23 years$7,300$5,699$4,402$3,368$2,556$1,955
24 years$6,922$5,340$4,071$3,072$2,298$1,732
25 years$6,574$5,011$3,771$2,805$2,068$1,536
26 years$6,254$4,710$3,497$2,565$1,862$1,364
27 years$5,958$4,433$3,247$2,348$1,679$1,211
28 years$5,683$4,177$3,019$2,151$1,515$1,077
29 years$5,428$3,940$2,809$1,973$1,368$958
30 years$5,191$3,721$2,617$1,810$1,236$852
31 years$4,969$3,518$2,439$1,663$1,118$759
32 years$4,761$3,328$2,276$1,528$1,011$676
33 years$4,567$3,152$2,125$1,405$915$602
34 years$4,384$2,988$1,986$1,293$828$537
35 years$4,212$2,834$1,856$1,190$750$478
36 years$4,050$2,690$1,737$1,096$680$427
37 years$3,897$2,554$1,625$1,010$616$381
38 years$3,753$2,428$1,522$931$559$340
39 years$3,616$2,308$1,426$858$507$303
40 years$3,486$2,196$1,337$792$459$270
41 years$3,363$2,091$1,253$730$417$241
42 years$3,247$1,991$1,176$674$378$215
43 years$3,135$1,897$1,103$622$343$192
44 years$3,030$1,808$1,036$575$312$172
45 years$2,929$1,724$972$531$283$153
46 years$2,833$1,645$913$490$257$137
47 years$2,741$1,570$858$453$233$122
48 years$2,654$1,499$806$418$212$109
49 years$2,570$1,431$758$387$192$98
50 years$2,490$1,367$713$357$175$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,550,000, adding $6,656 every year, while hoping to spend $39,822 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: 62/22/16 Blend
74$2,550,000$2,550,000$2,550,000$2,550,000
75$2,816,966$2,681,816$2,642,291$2,979,957
76$3,061,926$2,770,854$2,688,437$3,179,411
77$3,330,537$2,862,921$2,734,795$3,391,956
78$3,625,170$2,958,123$2,781,329$3,623,036
79$3,948,436$3,056,569$2,828,002$3,874,454
80$4,303,210$3,158,374$2,874,773$4,148,195
81$4,692,660$3,263,657$2,921,600$4,446,443
82$5,120,275$3,372,540$2,968,438$4,771,604
83$5,589,900$3,485,151$3,015,237$5,126,325
84$6,105,768$3,601,622$3,061,945$5,513,521
85$6,672,543$3,722,089$3,108,508$5,936,401
86$7,295,366$3,846,694$3,154,866$6,398,501
87$7,979,896$3,975,585$3,200,958$6,903,711
88$8,732,372$4,108,915$3,246,716$7,456,318
89$9,559,663$4,246,841$3,292,070$8,061,040
90$10,469,341$4,389,528$3,336,946$8,723,077
91$11,469,745$4,537,147$3,381,266$9,448,153
92$12,570,066$4,689,873$3,424,944$10,242,574
93$13,780,426$4,847,891$3,467,894$11,113,284
94$15,111,983$5,011,391$3,510,022$12,067,935
95$16,577,026$5,180,570$3,551,228$13,114,953
96$18,189,097$5,355,632$3,591,409$14,263,621
97$19,963,117$5,536,791$3,630,454$15,524,164
98$21,915,528$5,724,267$3,668,247$16,907,847
99$24,064,444$5,918,288$3,704,665$18,427,081
100$26,429,826$6,119,093$3,739,580$20,095,536