Can I retire at age 75 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$211,402$209,519$207,682$205,889$204,138$200,098
2 years$104,655$102,706$100,817$98,985$97,209$93,156
3 years$69,077$67,119$65,235$63,421$61,673$57,733
4 years$51,291$49,340$47,474$45,691$43,986$40,190
5 years$40,623$38,683$36,842$35,095$33,437$29,795
6 years$33,513$31,588$29,774$28,066$26,458$22,974
7 years$28,436$26,527$24,742$23,074$21,517$18,193
8 years$24,630$22,739$20,983$19,357$17,851$14,684
9 years$21,672$19,798$18,073$16,488$15,033$12,023
10 years$19,307$17,451$15,756$14,212$12,809$9,952
11 years$17,373$15,536$13,872$12,369$11,016$8,309
12 years$15,762$13,944$12,311$10,849$9,546$6,985
13 years$14,400$12,601$10,999$9,578$8,324$5,905
14 years$13,234$11,454$9,883$8,503$7,297$5,015
15 years$12,224$10,464$8,923$7,583$6,425$4,275
16 years$11,342$9,600$8,090$6,790$5,678$3,656
17 years$10,564$8,841$7,361$6,100$5,035$3,135
18 years$9,873$8,170$6,720$5,498$4,477$2,694
19 years$9,256$7,572$6,152$4,968$3,990$2,319
20 years$8,701$7,036$5,646$4,499$3,564$2,000
21 years$8,199$6,554$5,193$4,083$3,190$1,727
22 years$7,744$6,118$4,786$3,713$2,859$1,493
23 years$7,329$5,722$4,419$3,381$2,566$1,292
24 years$6,949$5,361$4,087$3,084$2,307$1,119
25 years$6,600$5,031$3,785$2,816$2,076$970
26 years$6,278$4,728$3,511$2,575$1,870$842
27 years$5,981$4,450$3,260$2,357$1,686$731
28 years$5,706$4,193$3,031$2,160$1,521$634
29 years$5,450$3,956$2,820$1,980$1,373$551
30 years$5,211$3,736$2,627$1,817$1,241$479
31 years$4,988$3,532$2,449$1,669$1,122$416
32 years$4,780$3,342$2,285$1,534$1,015$362
33 years$4,585$3,164$2,134$1,411$918$315
34 years$4,401$2,999$1,993$1,298$832$274
35 years$4,229$2,845$1,864$1,195$753$238
36 years$4,066$2,700$1,743$1,100$682$207
37 years$3,912$2,564$1,632$1,014$619$180
38 years$3,767$2,437$1,528$935$561$157
39 years$3,630$2,317$1,432$862$509$137
40 years$3,500$2,205$1,342$795$461$119
41 years$3,376$2,099$1,258$733$418$104
42 years$3,259$1,999$1,180$677$380$90
43 years$3,148$1,905$1,108$625$345$79
44 years$3,042$1,815$1,040$577$313$68
45 years$2,941$1,731$976$533$284$60
46 years$2,844$1,651$917$492$258$52
47 years$2,752$1,576$861$455$234$45
48 years$2,664$1,504$809$420$213$39
49 years$2,580$1,437$761$388$193$34
50 years$2,499$1,372$715$359$175$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,560,000, adding $6,077 every year, while hoping to spend $49,022 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: 84/11/5 Blend
74$2,560,000$2,560,000$2,560,000$2,560,000
75$2,827,388$2,691,708$2,652,028$3,064,315
76$3,063,623$2,771,443$2,688,712$3,299,508
77$3,322,311$2,853,442$2,724,982$3,550,458
78$3,605,689$2,937,764$2,760,772$3,824,513
79$3,916,225$3,024,469$2,796,013$4,123,958
80$4,256,632$3,113,620$2,830,631$4,451,309
81$4,629,900$3,205,279$2,864,549$4,809,337
82$5,039,323$3,299,511$2,897,685$5,201,096
83$5,488,528$3,396,381$2,929,952$5,629,945
84$5,981,510$3,495,957$2,961,258$6,099,586
85$6,522,672$3,598,306$2,991,507$6,614,096
86$7,116,859$3,703,498$3,020,598$7,177,967
87$7,769,413$3,811,604$3,048,422$7,796,143
88$8,486,217$3,922,696$3,074,868$8,474,074
89$9,273,751$4,036,848$3,099,816$9,217,761
90$10,139,155$4,154,134$3,123,141$10,033,814
91$11,090,293$4,274,631$3,144,711$10,929,518
92$12,135,831$4,398,417$3,164,387$11,912,895
93$13,285,316$4,525,569$3,182,023$12,992,784
94$14,549,264$4,656,168$3,197,467$14,178,921
95$15,939,264$4,790,295$3,210,557$15,482,036
96$17,468,082$4,928,032$3,221,123$16,913,946
97$19,149,784$5,069,463$3,228,989$18,487,673
98$20,999,868$5,214,673$3,233,966$20,217,565
99$23,035,410$5,363,748$3,235,860$22,119,427
100$25,275,225$5,516,775$3,234,464$24,210,675