Can I retire at age 75 with 2,580,000?

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 $2,580,000?

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$213,054$211,156$209,305$207,497$205,733$202,575
2 years$105,472$103,508$101,604$99,758$97,968$94,794
3 years$69,616$67,644$65,745$63,916$62,155$59,064
4 years$51,692$49,725$47,845$46,048$44,329$41,345
5 years$40,940$38,985$37,130$35,369$33,699$30,829
6 years$33,775$31,834$30,006$28,285$26,664$23,914
7 years$28,658$26,734$24,936$23,255$21,685$19,054
8 years$24,823$22,916$21,147$19,508$17,990$15,478
9 years$21,841$19,953$18,214$16,616$15,150$12,756
10 years$19,457$17,587$15,880$14,323$12,909$10,630
11 years$17,508$15,657$13,980$12,466$11,102$8,937
12 years$15,885$14,053$12,407$10,934$9,621$7,566
13 years$14,513$12,700$11,085$9,653$8,389$6,443
14 years$13,338$11,544$9,960$8,569$7,354$5,512
15 years$12,320$10,545$8,992$7,642$6,475$4,735
16 years$11,430$9,675$8,153$6,843$5,723$4,081
17 years$10,646$8,910$7,419$6,148$5,074$3,526
18 years$9,950$8,234$6,772$5,541$4,512$3,055
19 years$9,328$7,631$6,200$5,006$4,021$2,651
20 years$8,769$7,091$5,690$4,534$3,592$2,305
21 years$8,263$6,605$5,234$4,115$3,214$2,008
22 years$7,804$6,166$4,824$3,742$2,881$1,750
23 years$7,386$5,766$4,454$3,408$2,586$1,528
24 years$7,003$5,403$4,119$3,108$2,325$1,335
25 years$6,652$5,070$3,815$2,838$2,092$1,167
26 years$6,328$4,765$3,538$2,595$1,884$1,021
27 years$6,028$4,485$3,285$2,375$1,699$894
28 years$5,750$4,226$3,054$2,176$1,533$784
29 years$5,492$3,987$2,842$1,996$1,384$687
30 years$5,252$3,765$2,647$1,832$1,251$602
31 years$5,027$3,559$2,468$1,682$1,131$528
32 years$4,817$3,368$2,303$1,546$1,023$464
33 years$4,620$3,189$2,150$1,422$926$407
34 years$4,436$3,023$2,009$1,308$838$357
35 years$4,262$2,867$1,878$1,204$759$314
36 years$4,098$2,721$1,757$1,109$688$276
37 years$3,943$2,584$1,645$1,022$623$242
38 years$3,797$2,456$1,540$942$565$213
39 years$3,658$2,336$1,443$868$512$187
40 years$3,527$2,222$1,352$801$465$164
41 years$3,403$2,115$1,268$739$422$144
42 years$3,285$2,014$1,190$682$383$127
43 years$3,172$1,919$1,116$630$347$112
44 years$3,065$1,830$1,048$581$315$98
45 years$2,963$1,745$984$537$286$86
46 years$2,866$1,664$924$496$260$76
47 years$2,774$1,588$868$458$236$67
48 years$2,685$1,516$816$423$214$59
49 years$2,600$1,448$767$391$195$52
50 years$2,519$1,383$721$362$177$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,580,000, adding $6,084 every year, while hoping to spend $49,450 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: 73/15/12 Blend
74$2,580,000$2,580,000$2,580,000$2,580,000
75$2,849,436$2,712,696$2,672,706$3,050,030
76$3,087,464$2,793,003$2,709,627$3,263,784
77$3,348,113$2,875,589$2,746,128$3,491,130
78$3,633,639$2,960,511$2,782,142$3,738,800
79$3,946,526$3,047,832$2,817,599$4,008,793
80$4,289,508$3,137,612$2,852,424$4,303,311
81$4,665,598$3,229,915$2,886,541$4,624,776
82$5,078,113$3,324,805$2,919,864$4,975,858
83$5,530,709$3,422,349$2,952,308$5,359,497
84$6,027,411$3,522,613$2,983,780$5,778,930
85$6,572,652$3,625,666$3,014,181$6,237,723
86$7,171,316$3,731,578$3,043,411$6,739,803
87$7,828,785$3,840,419$3,071,359$7,289,496
88$8,550,984$3,952,263$3,097,912$7,891,568
89$9,344,442$4,067,182$3,122,951$8,551,268
90$10,216,353$4,185,252$3,146,348$9,274,378
91$11,174,641$4,306,549$3,167,970$10,067,269
92$12,228,034$4,431,150$3,187,677$10,936,959
93$13,386,152$4,559,134$3,205,322$11,891,179
94$14,659,590$4,690,582$3,220,751$12,938,446
95$16,060,022$4,825,574$3,233,800$14,088,146
96$17,600,310$4,964,194$3,244,298$15,350,616
97$19,294,626$5,106,524$3,252,066$16,737,249
98$21,158,583$5,252,649$3,256,916$18,260,595
99$23,209,385$5,402,655$3,258,649$19,934,483
100$25,465,987$5,556,629$3,257,058$21,774,150