Can I retire at age 75 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$213,880$211,975$210,116$208,302$206,530$202,195
2 years$105,881$103,909$101,998$100,145$98,348$94,000
3 years$69,886$67,906$65,999$64,164$62,396$58,172
4 years$51,892$49,918$48,031$46,226$44,501$40,434
5 years$41,099$39,136$37,274$35,506$33,829$29,929
6 years$33,905$31,958$30,123$28,395$26,768$23,040
7 years$28,769$26,838$25,032$23,345$21,769$18,214
8 years$24,919$23,005$21,229$19,583$18,060$14,676
9 years$21,926$20,030$18,285$16,681$15,209$11,994
10 years$19,533$17,656$15,941$14,379$12,959$9,910
11 years$17,576$15,718$14,034$12,514$11,145$8,258
12 years$15,947$14,107$12,455$10,976$9,658$6,929
13 years$14,569$12,749$11,128$9,691$8,422$5,846
14 years$13,389$11,588$9,998$8,602$7,383$4,955
15 years$12,368$10,586$9,027$7,672$6,500$4,215
16 years$11,475$9,713$8,184$6,869$5,745$3,597
17 years$10,688$8,945$7,448$6,172$5,094$3,077
18 years$9,989$8,266$6,799$5,562$4,529$2,639
19 years$9,364$7,660$6,224$5,026$4,037$2,267
20 years$8,803$7,118$5,712$4,552$3,606$1,950
21 years$8,295$6,631$5,254$4,131$3,227$1,680
22 years$7,835$6,189$4,842$3,756$2,892$1,450
23 years$7,415$5,789$4,471$3,421$2,596$1,252
24 years$7,030$5,424$4,135$3,120$2,334$1,082
25 years$6,677$5,090$3,830$2,849$2,100$935
26 years$6,352$4,784$3,552$2,605$1,892$809
27 years$6,051$4,502$3,298$2,385$1,705$701
28 years$5,773$4,242$3,066$2,185$1,539$607
29 years$5,513$4,002$2,853$2,004$1,390$526
30 years$5,272$3,780$2,658$1,839$1,256$456
31 years$5,047$3,573$2,478$1,689$1,135$395
32 years$4,836$3,381$2,312$1,552$1,027$343
33 years$4,638$3,202$2,159$1,427$929$297
34 years$4,453$3,034$2,017$1,313$841$258
35 years$4,278$2,878$1,886$1,209$762$224
36 years$4,114$2,732$1,764$1,113$690$194
37 years$3,958$2,594$1,651$1,026$626$169
38 years$3,811$2,466$1,546$945$567$147
39 years$3,673$2,345$1,448$872$514$127
40 years$3,541$2,231$1,358$804$467$110
41 years$3,416$2,123$1,273$742$423$96
42 years$3,297$2,022$1,194$685$384$83
43 years$3,185$1,927$1,121$632$349$72
44 years$3,077$1,837$1,052$584$316$63
45 years$2,975$1,751$988$539$287$55
46 years$2,877$1,671$928$498$261$47
47 years$2,784$1,594$871$460$237$41
48 years$2,695$1,522$819$425$215$36
49 years$2,610$1,454$770$393$195$31
50 years$2,529$1,388$724$363$177$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,590,000, adding $6,003 every year, while hoping to spend $46,194 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: 50/44/6 Blend
74$2,590,000$2,590,000$2,590,000$2,590,000
75$2,860,372$2,723,102$2,682,957$2,998,848
76$3,102,980$2,807,384$2,723,686$3,178,079
77$3,368,786$2,894,248$2,764,231$3,367,260
78$3,660,107$2,983,770$2,804,538$3,571,717
79$3,979,495$3,076,033$2,844,547$3,792,888
80$4,329,762$3,171,116$2,884,198$4,032,357
81$4,714,003$3,269,107$2,923,424$4,291,866
82$5,135,629$3,370,090$2,962,156$4,573,328
83$5,598,395$3,474,158$3,000,321$4,878,852
84$6,106,441$3,581,400$3,037,841$5,210,754
85$6,664,323$3,691,914$3,074,634$5,571,585
86$7,277,062$3,805,796$3,110,612$5,964,151
87$7,950,189$3,923,147$3,145,684$6,391,541
88$8,689,797$4,044,070$3,179,754$6,857,154
89$9,502,600$4,168,673$3,212,719$7,364,731
90$10,395,991$4,297,064$3,244,471$7,918,391
91$11,378,118$4,429,356$3,274,897$8,522,669
92$12,457,957$4,565,665$3,303,876$9,182,556
93$13,645,396$4,706,110$3,331,284$9,903,548
94$14,951,331$4,850,814$3,356,986$10,691,697
95$16,387,765$4,999,902$3,380,844$11,553,667
96$17,967,925$5,153,506$3,402,710$12,496,796
97$19,706,383$5,311,756$3,422,430$13,529,166
98$21,619,193$5,474,792$3,439,841$14,659,676
99$23,724,047$5,642,753$3,454,772$15,898,129
100$26,040,437$5,815,785$3,467,044$17,255,321