Can I retire at age 75 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$227,092$225,070$223,096$221,170$219,289$212,100
2 years$112,422$110,328$108,299$106,332$104,423$97,249
3 years$74,204$72,101$70,077$68,128$66,250$59,316
4 years$55,098$53,002$50,998$49,082$47,250$40,609
5 years$43,638$41,554$39,576$37,700$35,919$29,588
6 years$36,000$33,932$31,984$30,149$28,421$22,407
7 years$30,547$28,496$26,579$24,787$23,114$17,415
8 years$26,458$24,426$22,541$20,793$19,175$13,787
9 years$23,280$21,268$19,414$17,711$16,149$11,065
10 years$20,740$18,746$16,926$15,267$13,759$8,973
11 years$18,662$16,689$14,901$13,287$11,834$7,335
12 years$16,932$14,979$13,224$11,655$10,255$6,034
13 years$15,469$13,537$11,815$10,289$8,942$4,989
14 years$14,216$12,304$10,616$9,134$7,839$4,142
15 years$13,132$11,240$9,585$8,146$6,902$3,450
16 years$12,184$10,313$8,690$7,293$6,100$2,882
17 years$11,348$9,498$7,908$6,553$5,409$2,412
18 years$10,606$8,776$7,219$5,906$4,809$2,023
19 years$9,943$8,134$6,608$5,336$4,286$1,699
20 years$9,346$7,558$6,065$4,833$3,829$1,429
21 years$8,808$7,040$5,578$4,386$3,426$1,203
22 years$8,319$6,572$5,141$3,988$3,071$1,014
23 years$7,873$6,146$4,747$3,632$2,757$855
24 years$7,465$5,759$4,390$3,313$2,478$722
25 years$7,090$5,404$4,066$3,025$2,230$609
26 years$6,744$5,079$3,771$2,766$2,008$515
27 years$6,425$4,780$3,502$2,532$1,811$435
28 years$6,129$4,504$3,256$2,320$1,634$368
29 years$5,854$4,249$3,030$2,127$1,475$311
30 years$5,598$4,013$2,822$1,952$1,333$263
31 years$5,359$3,794$2,631$1,793$1,205$222
32 years$5,135$3,590$2,455$1,648$1,090$188
33 years$4,925$3,399$2,292$1,515$987$159
34 years$4,728$3,222$2,141$1,394$893$135
35 years$4,542$3,056$2,002$1,284$809$114
36 years$4,368$2,900$1,873$1,182$733$96
37 years$4,203$2,755$1,753$1,089$664$82
38 years$4,047$2,618$1,642$1,004$602$69
39 years$3,899$2,489$1,538$926$546$58
40 years$3,760$2,369$1,442$854$495$50
41 years$3,627$2,255$1,352$788$449$42
42 years$3,501$2,147$1,268$727$408$35
43 years$3,381$2,046$1,190$671$370$30
44 years$3,267$1,950$1,117$620$336$25
45 years$3,159$1,860$1,049$572$305$22
46 years$3,055$1,774$985$529$277$18
47 years$2,956$1,693$925$488$251$15
48 years$2,862$1,616$870$451$228$13
49 years$2,771$1,543$817$417$207$11
50 years$2,685$1,474$768$385$188$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,750,000, adding $5,777 every year, while hoping to spend $53,453 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: 80/12/8 Blend
74$2,750,000$2,750,000$2,750,000$2,750,000
75$3,036,459$2,890,709$2,848,084$3,275,767
76$3,289,304$2,975,480$2,886,621$3,518,198
77$3,566,148$3,062,614$2,924,658$3,776,538
78$3,869,382$3,152,169$2,962,121$4,058,406
79$4,201,640$3,244,206$2,998,933$4,366,126
80$4,565,822$3,338,786$3,035,012$4,702,255
81$4,965,122$3,435,973$3,070,271$5,069,610
82$5,403,059$3,535,830$3,104,619$5,471,294
83$5,883,508$3,638,423$3,137,961$5,910,722
84$6,410,736$3,743,816$3,170,193$6,391,660
85$6,989,446$3,852,077$3,201,209$6,918,249
86$7,624,815$3,963,275$3,230,896$7,495,057
87$8,322,550$4,077,479$3,259,134$8,127,111
88$9,088,933$4,194,759$3,285,798$8,819,949
89$9,930,888$4,315,186$3,310,757$9,579,674
90$10,856,042$4,438,834$3,333,870$10,413,007
91$11,872,796$4,565,774$3,354,992$11,327,352
92$12,990,405$4,696,081$3,373,969$12,330,866
93$14,219,069$4,829,831$3,390,639$13,432,536
94$15,570,021$4,967,100$3,404,832$14,642,262
95$17,055,639$5,107,964$3,416,370$15,970,951
96$18,689,560$5,252,500$3,425,065$17,430,620
97$20,486,811$5,400,788$3,430,720$19,034,510
98$22,463,944$5,552,906$3,433,128$20,797,209
99$24,639,201$5,708,933$3,432,072$22,734,788
100$27,032,678$5,868,949$3,427,325$24,864,958