Can I retire at age 75 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$227,918$225,888$223,907$221,974$220,086$214,158
2 years$112,831$110,729$108,693$106,718$104,803$98,872
3 years$74,473$72,363$70,331$68,375$66,491$60,744
4 years$55,298$53,194$51,183$49,261$47,422$41,903
5 years$43,796$41,705$39,720$37,837$36,050$30,773
6 years$36,131$34,055$32,100$30,258$28,525$23,497
7 years$30,658$28,600$26,675$24,877$23,198$18,418
8 years$26,555$24,515$22,623$20,869$19,245$14,711
9 years$23,365$21,345$19,485$17,776$16,207$11,915
10 years$20,815$18,814$16,987$15,323$13,809$9,753
11 years$18,730$16,749$14,955$13,335$11,877$8,050
12 years$16,993$15,033$13,273$11,697$10,292$6,688
13 years$15,525$13,586$11,858$10,327$8,975$5,587
14 years$14,268$12,349$10,655$9,167$7,867$4,686
15 years$13,179$11,281$9,620$8,175$6,927$3,945
16 years$12,228$10,350$8,722$7,320$6,122$3,331
17 years$11,389$9,532$7,936$6,577$5,428$2,819
18 years$10,644$8,808$7,245$5,927$4,827$2,391
19 years$9,979$8,163$6,632$5,356$4,302$2,031
20 years$9,380$7,586$6,087$4,851$3,843$1,728
21 years$8,840$7,066$5,599$4,402$3,439$1,472
22 years$8,349$6,596$5,160$4,003$3,082$1,255
23 years$7,901$6,169$4,764$3,645$2,767$1,071
24 years$7,492$5,780$4,406$3,325$2,487$914
25 years$7,116$5,424$4,081$3,036$2,238$781
26 years$6,769$5,098$3,785$2,776$2,016$668
27 years$6,449$4,798$3,515$2,541$1,817$571
28 years$6,151$4,521$3,267$2,328$1,640$489
29 years$5,875$4,265$3,041$2,135$1,481$418
30 years$5,618$4,028$2,832$1,959$1,338$358
31 years$5,378$3,807$2,640$1,800$1,210$307
32 years$5,153$3,603$2,464$1,654$1,094$263
33 years$4,943$3,412$2,300$1,521$990$225
34 years$4,745$3,234$2,149$1,399$897$193
35 years$4,559$3,067$2,009$1,288$812$165
36 years$4,384$2,911$1,880$1,186$736$142
37 years$4,218$2,765$1,759$1,093$667$121
38 years$4,062$2,628$1,648$1,008$605$104
39 years$3,914$2,499$1,544$929$548$89
40 years$3,773$2,377$1,447$857$497$77
41 years$3,640$2,263$1,357$791$451$66
42 years$3,514$2,155$1,273$730$409$56
43 years$3,394$2,053$1,194$673$372$48
44 years$3,279$1,957$1,121$622$337$41
45 years$3,170$1,866$1,052$574$306$35
46 years$3,066$1,780$989$530$278$30
47 years$2,967$1,699$929$490$252$26
48 years$2,872$1,622$873$453$229$22
49 years$2,782$1,549$820$419$208$19
50 years$2,695$1,480$771$387$189$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,760,000, adding $5,809 every year, while hoping to spend $40,261 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: 38/34/28 Blend
74$2,760,000$2,760,000$2,760,000$2,760,000
75$3,047,512$2,901,232$2,858,452$3,137,720
76$3,315,521$3,000,555$2,911,373$3,303,854
77$3,609,517$3,103,395$2,964,717$3,479,171
78$3,932,109$3,209,883$3,018,456$3,667,881
79$4,286,170$3,320,153$3,072,560$3,871,226
80$4,674,864$3,434,345$3,126,996$4,090,572
81$5,101,677$3,552,605$3,181,727$4,327,420
82$5,570,450$3,675,084$3,236,716$4,583,422
83$6,085,412$3,801,939$3,291,922$4,860,392
84$6,651,223$3,933,334$3,347,301$5,160,328
85$7,273,018$4,069,437$3,402,806$5,485,428
86$7,956,452$4,210,426$3,458,386$5,838,107
87$8,707,756$4,356,483$3,513,988$6,221,025
88$9,533,795$4,507,799$3,569,555$6,637,109
89$10,442,133$4,664,571$3,625,025$7,089,578
90$11,441,101$4,827,006$3,680,335$7,581,976
91$12,539,881$4,995,317$3,735,414$8,118,205
92$13,748,589$5,169,727$3,790,189$8,702,558
93$15,078,367$5,350,466$3,844,583$9,339,763
94$16,541,498$5,537,776$3,898,514$10,035,024
95$18,151,509$5,731,905$3,951,892$10,794,070
96$19,923,309$5,933,115$4,004,627$11,623,210
97$21,873,323$6,141,674$4,056,619$12,529,391
98$24,019,651$6,357,865$4,107,764$13,520,262
99$26,382,234$6,581,980$4,157,953$14,604,247
100$28,983,048$6,814,322$4,207,070$15,790,622