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

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$210,577$208,701$206,871$205,085$203,341$198,667
2 years$104,246$102,304$100,423$98,598$96,829$92,146
3 years$68,807$66,857$64,980$63,173$61,432$56,887
4 years$51,091$49,147$47,289$45,513$43,814$39,440
5 years$40,464$38,532$36,698$34,958$33,307$29,118
6 years$33,382$31,464$29,658$27,956$26,354$22,354
7 years$28,325$26,424$24,646$22,984$21,433$17,622
8 years$24,534$22,650$20,901$19,281$17,781$14,158
9 years$21,587$19,721$18,002$16,423$14,974$11,536
10 years$19,231$17,383$15,695$14,157$12,759$9,502
11 years$17,305$15,475$13,818$12,321$10,973$7,893
12 years$15,701$13,889$12,263$10,807$9,509$6,601
13 years$14,344$12,552$10,956$9,541$8,292$5,551
14 years$13,183$11,409$9,844$8,469$7,269$4,688
15 years$12,177$10,423$8,888$7,553$6,400$3,975
16 years$11,297$9,563$8,058$6,763$5,656$3,380
17 years$10,522$8,807$7,332$6,077$5,015$2,881
18 years$9,834$8,138$6,694$5,476$4,459$2,462
19 years$9,219$7,542$6,128$4,948$3,975$2,107
20 years$8,667$7,009$5,624$4,482$3,550$1,806
21 years$8,167$6,528$5,173$4,067$3,177$1,550
22 years$7,714$6,094$4,767$3,698$2,848$1,332
23 years$7,300$5,699$4,402$3,368$2,556$1,145
24 years$6,922$5,340$4,071$3,072$2,298$986
25 years$6,574$5,011$3,771$2,805$2,068$849
26 years$6,254$4,710$3,497$2,565$1,862$732
27 years$5,958$4,433$3,247$2,348$1,679$631
28 years$5,683$4,177$3,019$2,151$1,515$544
29 years$5,428$3,940$2,809$1,973$1,368$470
30 years$5,191$3,721$2,617$1,810$1,236$406
31 years$4,969$3,518$2,439$1,663$1,118$350
32 years$4,761$3,328$2,276$1,528$1,011$303
33 years$4,567$3,152$2,125$1,405$915$261
34 years$4,384$2,988$1,986$1,293$828$226
35 years$4,212$2,834$1,856$1,190$750$195
36 years$4,050$2,690$1,737$1,096$680$169
37 years$3,897$2,554$1,625$1,010$616$146
38 years$3,753$2,428$1,522$931$559$126
39 years$3,616$2,308$1,426$858$507$109
40 years$3,486$2,196$1,337$792$459$94
41 years$3,363$2,091$1,253$730$417$81
42 years$3,247$1,991$1,176$674$378$70
43 years$3,135$1,897$1,103$622$343$61
44 years$3,030$1,808$1,036$575$312$53
45 years$2,929$1,724$972$531$283$46
46 years$2,833$1,645$913$490$257$39
47 years$2,741$1,570$858$453$233$34
48 years$2,654$1,499$806$418$212$29
49 years$2,570$1,431$758$387$192$26
50 years$2,490$1,367$713$357$175$22

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 $6,069 every year, while hoping to spend $59,183 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: 78/6/16 Blend
74$2,550,000$2,550,000$2,550,000$2,550,000
75$2,816,360$2,681,210$2,641,685$3,025,865
76$3,040,659$2,749,619$2,667,211$3,233,272
77$3,285,852$2,819,397$2,691,609$3,452,631
78$3,554,009$2,890,547$2,714,778$3,691,617
79$3,847,408$2,963,074$2,736,613$3,952,172
80$4,168,556$3,036,977$2,757,002$4,236,432
81$4,520,216$3,112,256$2,775,829$4,546,754
82$4,905,429$3,188,907$2,792,970$4,885,730
83$5,327,544$3,266,925$2,808,296$5,256,218
84$5,790,250$3,346,302$2,821,671$5,661,366
85$6,297,611$3,427,026$2,832,952$6,104,642
86$6,854,100$3,509,083$2,841,988$6,589,867
87$7,464,646$3,592,456$2,848,623$7,121,250
88$8,134,678$3,677,124$2,852,690$7,703,430
89$8,870,175$3,763,063$2,854,015$8,341,514
90$9,677,724$3,850,244$2,852,416$9,041,135
91$10,564,581$3,938,635$2,847,701$9,808,495
92$11,538,739$4,028,199$2,839,670$10,650,429
93$12,609,003$4,118,894$2,828,111$11,574,468
94$13,785,074$4,210,672$2,812,805$12,588,912
95$15,077,637$4,303,480$2,793,520$13,702,905
96$16,498,466$4,397,261$2,770,013$14,926,522
97$18,060,531$4,491,948$2,742,030$16,270,867
98$19,778,122$4,587,471$2,709,305$17,748,175
99$21,666,983$4,683,750$2,671,559$19,371,927
100$23,744,461$4,780,698$2,628,501$21,156,981