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%15.6%
1 years$225,441$223,433$221,474$219,561$217,694$212,691
2 years$111,604$109,526$107,511$105,558$103,664$98,651
3 years$73,664$71,576$69,567$67,632$65,769$60,902
4 years$54,697$52,616$50,627$48,725$46,907$42,224
5 years$43,320$41,252$39,289$37,426$35,658$31,173
6 years$35,738$33,685$31,751$29,930$28,215$23,932
7 years$30,324$28,289$26,385$24,607$22,946$18,866
8 years$26,266$24,249$22,377$20,642$19,036$15,157
9 years$23,111$21,113$19,273$17,582$16,031$12,350
10 years$20,589$18,610$16,803$15,156$13,659$10,173
11 years$18,526$16,567$14,793$13,190$11,747$8,450
12 years$16,809$14,870$13,128$11,570$10,180$7,067
13 years$15,357$13,438$11,729$10,214$8,877$5,943
14 years$14,113$12,215$10,539$9,067$7,782$5,019
15 years$13,036$11,158$9,515$8,086$6,852$4,255
16 years$12,095$10,238$8,627$7,240$6,056$3,618
17 years$11,265$9,429$7,850$6,505$5,369$3,085
18 years$10,529$8,712$7,166$5,863$4,774$2,635
19 years$9,870$8,075$6,560$5,297$4,255$2,255
20 years$9,278$7,503$6,021$4,798$3,801$1,933
21 years$8,744$6,989$5,538$4,354$3,401$1,659
22 years$8,258$6,524$5,104$3,959$3,049$1,426
23 years$7,816$6,102$4,713$3,606$2,737$1,226
24 years$7,410$5,717$4,358$3,289$2,460$1,056
25 years$7,038$5,365$4,037$3,003$2,214$909
26 years$6,695$5,042$3,744$2,746$1,994$784
27 years$6,378$4,745$3,477$2,514$1,798$676
28 years$6,085$4,472$3,232$2,303$1,622$583
29 years$5,811$4,218$3,008$2,112$1,465$503
30 years$5,557$3,984$2,801$1,938$1,323$434
31 years$5,320$3,766$2,612$1,780$1,196$375
32 years$5,097$3,563$2,437$1,636$1,082$324
33 years$4,889$3,375$2,275$1,504$979$280
34 years$4,693$3,198$2,126$1,384$887$242
35 years$4,509$3,034$1,987$1,274$803$209
36 years$4,336$2,879$1,859$1,173$728$181
37 years$4,172$2,735$1,740$1,081$660$156
38 years$4,017$2,599$1,630$997$598$135
39 years$3,871$2,471$1,527$919$542$117
40 years$3,732$2,351$1,431$848$492$101
41 years$3,601$2,238$1,342$782$446$87
42 years$3,476$2,132$1,259$722$405$75
43 years$3,357$2,031$1,181$666$367$65
44 years$3,244$1,936$1,109$615$334$56
45 years$3,136$1,846$1,041$568$303$49
46 years$3,033$1,761$978$525$275$42
47 years$2,935$1,681$919$485$250$37
48 years$2,841$1,604$863$448$227$32
49 years$2,751$1,532$811$414$206$27
50 years$2,665$1,464$763$383$187$24

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 $3,346 every year, while hoping to spend $46,810 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: 36/35/29 Blend
74$2,730,000$2,730,000$2,730,000$2,730,000
75$3,011,911$2,867,221$2,824,906$3,094,033
76$3,269,321$2,957,910$2,869,735$3,246,271
77$3,551,417$3,051,473$2,914,497$3,406,052
78$3,860,669$3,148,003$2,959,140$3,577,662
79$4,199,796$3,247,593$3,003,609$3,762,199
80$4,571,791$3,350,341$3,047,847$3,960,869
81$4,979,954$3,456,348$3,091,790$4,174,999
82$5,427,917$3,565,717$3,135,373$4,406,049
83$5,919,683$3,678,556$3,178,526$4,655,625
84$6,459,660$3,794,974$3,221,176$4,925,494
85$7,052,704$3,915,086$3,263,243$5,217,602
86$7,704,164$4,039,010$3,304,647$5,534,089
87$8,419,934$4,166,866$3,345,297$5,877,311
88$9,206,505$4,298,781$3,385,103$6,249,863
89$10,071,031$4,434,883$3,423,966$6,654,600
90$11,021,390$4,575,307$3,461,783$7,094,667
91$12,066,264$4,720,189$3,498,445$7,573,525
92$13,215,217$4,869,672$3,533,837$8,094,987
93$14,478,786$5,023,904$3,567,838$8,663,250
94$15,868,582$5,183,034$3,600,320$9,282,939
95$17,397,394$5,347,220$3,631,148$9,959,144
96$19,079,318$5,516,623$3,660,180$10,697,475
97$20,929,880$5,691,409$3,687,268$11,504,107
98$22,966,191$5,871,751$3,712,254$12,385,844
99$25,207,101$6,057,826$3,734,974$13,350,182
100$27,673,382$6,249,817$3,755,253$14,405,376