Can I retire at age 75 with 2,730,000?

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 $2,730,000?

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$225,441$223,433$221,474$219,561$217,694$215,960
2 years$111,604$109,526$107,511$105,558$103,664$101,916
3 years$73,664$71,576$69,567$67,632$65,769$64,061
4 years$54,697$52,616$50,627$48,725$46,907$45,253
5 years$43,320$41,252$39,289$37,426$35,658$34,062
6 years$35,738$33,685$31,751$29,930$28,215$26,679
7 years$30,324$28,289$26,385$24,607$22,946$21,471
8 years$26,266$24,249$22,377$20,642$19,036$17,622
9 years$23,111$21,113$19,273$17,582$16,031$14,678
10 years$20,589$18,610$16,803$15,156$13,659$12,366
11 years$18,526$16,567$14,793$13,190$11,747$10,513
12 years$16,809$14,870$13,128$11,570$10,180$9,003
13 years$15,357$13,438$11,729$10,214$8,877$7,757
14 years$14,113$12,215$10,539$9,067$7,782$6,716
15 years$13,036$11,158$9,515$8,086$6,852$5,840
16 years$12,095$10,238$8,627$7,240$6,056$5,096
17 years$11,265$9,429$7,850$6,505$5,369$4,460
18 years$10,529$8,712$7,166$5,863$4,774$3,913
19 years$9,870$8,075$6,560$5,297$4,255$3,441
20 years$9,278$7,503$6,021$4,798$3,801$3,032
21 years$8,744$6,989$5,538$4,354$3,401$2,676
22 years$8,258$6,524$5,104$3,959$3,049$2,365
23 years$7,816$6,102$4,713$3,606$2,737$2,093
24 years$7,410$5,717$4,358$3,289$2,460$1,855
25 years$7,038$5,365$4,037$3,003$2,214$1,645
26 years$6,695$5,042$3,744$2,746$1,994$1,460
27 years$6,378$4,745$3,477$2,514$1,798$1,297
28 years$6,085$4,472$3,232$2,303$1,622$1,153
29 years$5,811$4,218$3,008$2,112$1,465$1,025
30 years$5,557$3,984$2,801$1,938$1,323$912
31 years$5,320$3,766$2,612$1,780$1,196$812
32 years$5,097$3,563$2,437$1,636$1,082$723
33 years$4,889$3,375$2,275$1,504$979$645
34 years$4,693$3,198$2,126$1,384$887$575
35 years$4,509$3,034$1,987$1,274$803$512
36 years$4,336$2,879$1,859$1,173$728$457
37 years$4,172$2,735$1,740$1,081$660$407
38 years$4,017$2,599$1,630$997$598$363
39 years$3,871$2,471$1,527$919$542$324
40 years$3,732$2,351$1,431$848$492$289
41 years$3,601$2,238$1,342$782$446$258
42 years$3,476$2,132$1,259$722$405$231
43 years$3,357$2,031$1,181$666$367$206
44 years$3,244$1,936$1,109$615$334$184
45 years$3,136$1,846$1,041$568$303$164
46 years$3,033$1,761$978$525$275$147
47 years$2,935$1,681$919$485$250$131
48 years$2,841$1,604$863$448$227$117
49 years$2,751$1,532$811$414$206$104
50 years$2,665$1,464$763$383$187$93

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,730,000, adding $4,223 every year, while hoping to spend $43,227 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: 24/48/28 Blend
74$2,730,000$2,730,000$2,730,000$2,730,000
75$3,012,816$2,868,126$2,825,811$3,058,472
76$3,274,130$2,962,671$2,874,483$3,192,163
77$3,560,649$3,060,400$2,923,336$3,331,370
78$3,874,899$3,161,423$2,972,331$3,479,614
79$4,219,661$3,265,855$3,021,426$3,637,676
80$4,597,998$3,373,814$3,070,576$3,806,412
81$5,013,286$3,485,423$3,119,732$3,986,764
82$5,469,242$3,600,808$3,168,843$4,179,763
83$5,969,959$3,720,103$3,217,855$4,386,543
84$6,519,950$3,843,443$3,266,708$4,608,349
85$7,124,183$3,970,970$3,315,341$4,846,549
86$7,788,133$4,102,830$3,363,687$5,102,645
87$8,517,829$4,239,176$3,411,678$5,378,289
88$9,319,918$4,380,166$3,459,239$5,675,296
89$10,201,717$4,525,961$3,506,291$5,995,662
90$11,171,291$4,676,733$3,552,751$6,341,581
91$12,237,525$4,832,655$3,598,531$6,715,465
92$13,410,209$4,993,911$3,643,537$7,119,968
93$14,700,126$5,160,689$3,687,672$7,558,009
94$16,119,161$5,333,184$3,730,831$8,032,800
95$17,680,405$5,511,600$3,772,903$8,547,874
96$19,398,284$5,696,146$3,813,773$9,107,119
97$21,288,693$5,887,041$3,853,319$9,714,812
98$23,369,145$6,084,511$3,891,410$10,375,662
99$25,658,936$6,288,791$3,927,911$11,094,852
100$28,179,330$6,500,124$3,962,678$11,878,087