Can I retire at age 75 with 2,780,000?

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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
1 years$229,570$227,525$225,530$223,583$221,681$220,284
2 years$113,648$111,532$109,481$107,492$105,562$104,153
3 years$75,013$72,887$70,841$68,871$66,973$65,595
4 years$55,699$53,580$51,554$49,618$47,766$46,430
5 years$44,114$42,007$40,008$38,111$36,311$35,021
6 years$36,393$34,302$32,333$30,478$28,732$27,490
7 years$30,880$28,807$26,869$25,057$23,366$22,173
8 years$26,747$24,693$22,787$21,020$19,385$18,239
9 years$23,534$21,500$19,626$17,904$16,325$15,227
10 years$20,966$18,951$17,110$15,434$13,909$12,860
11 years$18,866$16,871$15,064$13,432$11,963$10,959
12 years$17,117$15,142$13,369$11,782$10,367$9,409
13 years$15,638$13,684$11,944$10,401$9,040$8,127
14 years$14,372$12,439$10,732$9,233$7,924$7,056
15 years$13,275$11,363$9,689$8,234$6,977$6,151
16 years$12,316$10,425$8,785$7,373$6,166$5,382
17 years$11,472$9,601$7,994$6,625$5,468$4,723
18 years$10,721$8,872$7,297$5,970$4,862$4,156
19 years$10,051$8,222$6,680$5,395$4,333$3,666
20 years$9,448$7,641$6,131$4,886$3,870$3,239
21 years$8,904$7,117$5,639$4,434$3,464$2,867
22 years$8,409$6,643$5,197$4,032$3,105$2,542
23 years$7,959$6,213$4,799$3,672$2,787$2,256
24 years$7,546$5,822$4,438$3,349$2,505$2,005
25 years$7,167$5,463$4,111$3,058$2,254$1,784
26 years$6,818$5,135$3,812$2,796$2,030$1,588
27 years$6,495$4,832$3,540$2,560$1,831$1,415
28 years$6,196$4,553$3,291$2,345$1,652$1,262
29 years$5,918$4,296$3,063$2,151$1,491$1,126
30 years$5,659$4,057$2,853$1,974$1,348$1,005
31 years$5,417$3,835$2,659$1,813$1,218$898
32 years$5,191$3,629$2,481$1,666$1,102$802
33 years$4,979$3,436$2,317$1,532$997$717
34 years$4,779$3,257$2,165$1,409$903$641
35 years$4,592$3,089$2,024$1,298$818$574
36 years$4,415$2,932$1,893$1,195$741$513
37 years$4,249$2,785$1,772$1,101$672$460
38 years$4,091$2,647$1,659$1,015$609$411
39 years$3,942$2,517$1,555$936$552$368
40 years$3,801$2,394$1,457$863$501$330
41 years$3,667$2,279$1,366$796$454$295
42 years$3,539$2,171$1,282$735$412$265
43 years$3,418$2,068$1,203$678$374$237
44 years$3,303$1,971$1,129$626$340$212
45 years$3,193$1,880$1,060$578$308$190
46 years$3,088$1,793$996$534$280$171
47 years$2,989$1,711$935$494$254$153
48 years$2,893$1,634$879$456$231$137
49 years$2,802$1,560$826$422$210$123
50 years$2,714$1,490$777$390$190$110

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,780,000, adding $2,098 every year, while hoping to spend $26,928 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: 84/10/6 Blend