Can I retire at age 75 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$218,835$216,885$214,983$213,127$211,315$209,632
2 years$108,334$106,316$104,361$102,465$100,626$98,930
3 years$71,505$69,479$67,528$65,650$63,841$62,184
4 years$53,094$51,074$49,143$47,297$45,532$43,927
5 years$42,051$40,043$38,137$36,329$34,613$33,064
6 years$34,691$32,698$30,821$29,053$27,388$25,897
7 years$29,436$27,460$25,612$23,886$22,274$20,842
8 years$25,496$23,538$21,721$20,037$18,478$17,106
9 years$22,434$20,494$18,708$17,067$15,561$14,248
10 years$19,985$18,065$16,310$14,712$13,259$12,004
11 years$17,983$16,082$14,359$12,804$11,403$10,205
12 years$16,316$14,434$12,744$11,231$9,882$8,739
13 years$14,907$13,044$11,386$9,915$8,617$7,530
14 years$13,699$11,857$10,230$8,801$7,554$6,520
15 years$12,654$10,831$9,236$7,849$6,651$5,669
16 years$11,740$9,938$8,374$7,028$5,878$4,946
17 years$10,935$9,152$7,620$6,315$5,212$4,329
18 years$10,220$8,457$6,956$5,691$4,634$3,799
19 years$9,581$7,838$6,368$5,142$4,131$3,340
20 years$9,007$7,283$5,844$4,657$3,689$2,943
21 years$8,487$6,784$5,376$4,227$3,302$2,598
22 years$8,016$6,333$4,954$3,843$2,959$2,296
23 years$7,587$5,923$4,575$3,500$2,657$2,032
24 years$7,193$5,549$4,231$3,192$2,388$1,800
25 years$6,832$5,208$3,918$2,915$2,149$1,597
26 years$6,499$4,895$3,634$2,666$1,935$1,417
27 years$6,192$4,606$3,375$2,440$1,745$1,259
28 years$5,906$4,341$3,137$2,235$1,575$1,119
29 years$5,641$4,095$2,919$2,050$1,422$995
30 years$5,394$3,867$2,719$1,881$1,285$886
31 years$5,164$3,656$2,535$1,728$1,161$788
32 years$4,948$3,459$2,365$1,588$1,051$702
33 years$4,746$3,276$2,209$1,460$951$626
34 years$4,556$3,105$2,064$1,344$861$558
35 years$4,377$2,945$1,929$1,237$780$497
36 years$4,209$2,795$1,805$1,139$706$443
37 years$4,050$2,655$1,689$1,050$640$395
38 years$3,900$2,523$1,582$967$580$353
39 years$3,758$2,399$1,482$892$526$315
40 years$3,623$2,282$1,389$823$477$281
41 years$3,495$2,173$1,303$759$433$251
42 years$3,374$2,069$1,222$701$393$224
43 years$3,258$1,971$1,147$647$357$200
44 years$3,149$1,879$1,076$597$324$178
45 years$3,044$1,792$1,011$551$294$159
46 years$2,944$1,710$949$509$267$142
47 years$2,849$1,631$892$471$242$127
48 years$2,758$1,557$838$435$220$114
49 years$2,671$1,487$788$402$200$101
50 years$2,587$1,421$740$371$182$91

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,650,000, adding $5,511 every year, while hoping to spend $49,584 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: 70/14/16 Blend
74$2,650,000$2,650,000$2,650,000$2,650,000
75$2,925,985$2,785,535$2,744,460$3,119,537
76$3,171,678$2,869,269$2,783,642$3,332,728
77$3,440,770$2,955,444$2,822,475$3,559,522
78$3,735,596$3,044,128$2,860,895$3,806,471
79$4,058,725$3,135,389$2,898,834$4,075,557
80$4,412,990$3,229,298$2,936,220$4,368,963
81$4,801,509$3,325,927$2,972,977$4,689,093
82$5,227,716$3,425,350$3,009,024$5,038,593
83$5,695,394$3,527,644$3,044,278$5,420,380
84$6,208,711$3,632,885$3,078,647$5,837,664
85$6,772,256$3,741,153$3,112,039$6,293,982
86$7,391,085$3,852,529$3,144,352$6,793,231
87$8,070,770$3,967,096$3,175,481$7,339,702
88$8,817,444$4,084,940$3,205,316$7,938,122
89$9,637,869$4,206,147$3,233,739$8,593,700
90$10,539,489$4,330,806$3,260,627$9,312,171
91$11,530,509$4,459,008$3,285,850$10,099,858
92$12,619,967$4,590,846$3,309,272$10,963,722
93$13,817,821$4,726,414$3,330,750$11,911,435
94$15,135,039$4,865,809$3,350,131$12,951,449
95$16,583,710$5,009,130$3,367,257$14,093,077
96$18,177,150$5,156,479$3,381,961$15,346,578
97$19,930,030$5,307,957$3,394,068$16,723,256
98$21,858,516$5,463,670$3,403,392$18,235,567
99$23,980,420$5,623,726$3,409,741$19,897,234
100$26,315,367$5,788,232$3,412,912$21,723,380