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%13%
1 years$210,577$208,701$206,871$205,085$203,341$200,800
2 years$104,246$102,304$100,423$98,598$96,829$94,272
3 years$68,807$66,857$64,980$63,173$61,432$58,939
4 years$51,091$49,147$47,289$45,513$43,814$41,404
5 years$40,464$38,532$36,698$34,958$33,307$30,986
6 years$33,382$31,464$29,658$27,956$26,354$24,127
7 years$28,325$26,424$24,646$22,984$21,433$19,299
8 years$24,534$22,650$20,901$19,281$17,781$15,740
9 years$21,587$19,721$18,002$16,423$14,974$13,026
10 years$19,231$17,383$15,695$14,157$12,759$10,901
11 years$17,305$15,475$13,818$12,321$10,973$9,205
12 years$15,701$13,889$12,263$10,807$9,509$7,828
13 years$14,344$12,552$10,956$9,541$8,292$6,697
14 years$13,183$11,409$9,844$8,469$7,269$5,756
15 years$12,177$10,423$8,888$7,553$6,400$4,968
16 years$11,297$9,563$8,058$6,763$5,656$4,302
17 years$10,522$8,807$7,332$6,077$5,015$3,737
18 years$9,834$8,138$6,694$5,476$4,459$3,253
19 years$9,219$7,542$6,128$4,948$3,975$2,838
20 years$8,667$7,009$5,624$4,482$3,550$2,481
21 years$8,167$6,528$5,173$4,067$3,177$2,172
22 years$7,714$6,094$4,767$3,698$2,848$1,903
23 years$7,300$5,699$4,402$3,368$2,556$1,670
24 years$6,922$5,340$4,071$3,072$2,298$1,467
25 years$6,574$5,011$3,771$2,805$2,068$1,290
26 years$6,254$4,710$3,497$2,565$1,862$1,135
27 years$5,958$4,433$3,247$2,348$1,679$1,000
28 years$5,683$4,177$3,019$2,151$1,515$881
29 years$5,428$3,940$2,809$1,973$1,368$777
30 years$5,191$3,721$2,617$1,810$1,236$685
31 years$4,969$3,518$2,439$1,663$1,118$604
32 years$4,761$3,328$2,276$1,528$1,011$533
33 years$4,567$3,152$2,125$1,405$915$471
34 years$4,384$2,988$1,986$1,293$828$416
35 years$4,212$2,834$1,856$1,190$750$367
36 years$4,050$2,690$1,737$1,096$680$325
37 years$3,897$2,554$1,625$1,010$616$287
38 years$3,753$2,428$1,522$931$559$253
39 years$3,616$2,308$1,426$858$507$224
40 years$3,486$2,196$1,337$792$459$198
41 years$3,363$2,091$1,253$730$417$175
42 years$3,247$1,991$1,176$674$378$155
43 years$3,135$1,897$1,103$622$343$137
44 years$3,030$1,808$1,036$575$312$121
45 years$2,929$1,724$972$531$283$107
46 years$2,833$1,645$913$490$257$95
47 years$2,741$1,570$858$453$233$84
48 years$2,654$1,499$806$418$212$74
49 years$2,570$1,431$758$387$192$66
50 years$2,490$1,367$713$357$175$58

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 $4,139 every year, while hoping to spend $38,178 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: 76/13/11 Blend
74$2,550,000$2,550,000$2,550,000$2,550,000
75$2,814,369$2,679,219$2,639,694$3,022,176
76$3,060,814$2,769,880$2,687,503$3,250,308
77$3,331,116$2,863,703$2,735,634$3,495,070
78$3,627,670$2,960,804$2,784,057$3,762,301
79$3,953,110$3,061,302$2,832,741$4,054,223
80$4,310,341$3,165,319$2,881,651$4,373,279
81$4,702,561$3,272,985$2,930,752$4,722,162
82$5,133,293$3,384,432$2,980,003$5,103,837
83$5,606,418$3,499,799$3,029,363$5,521,568
84$6,126,213$3,619,229$3,078,786$5,978,951
85$6,697,387$3,742,871$3,128,225$6,479,946
86$7,325,128$3,870,880$3,177,629$7,028,913
87$8,015,155$4,003,417$3,226,944$7,630,658
88$8,773,765$4,140,648$3,276,110$8,290,470
89$9,607,896$4,282,747$3,325,067$9,014,177
90$10,525,194$4,429,894$3,373,749$9,808,201
91$11,534,080$4,582,276$3,422,086$10,679,613
92$12,643,836$4,740,087$3,470,006$11,636,202
93$13,864,685$4,903,529$3,517,429$12,686,551
94$15,207,893$5,072,812$3,564,273$13,840,115
95$16,685,872$5,248,153$3,610,449$15,107,309
96$18,312,298$5,429,780$3,655,867$16,499,607
97$20,102,240$5,617,927$3,700,426$18,029,651
98$22,072,302$5,812,839$3,744,024$19,711,369
99$24,240,779$6,014,770$3,786,551$21,560,105
100$26,627,829$6,223,985$3,827,891$23,592,766