Can I retire at age 75 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$232,047$229,980$227,964$225,995$224,073$219,999
2 years$114,875$112,735$110,662$108,652$106,702$102,612
3 years$75,822$73,674$71,606$69,614$67,696$63,717
4 years$56,300$54,158$52,111$50,153$48,281$44,445
5 years$44,590$42,461$40,440$38,522$36,703$33,019
6 years$36,785$34,672$32,681$30,807$29,042$25,516
7 years$31,213$29,118$27,158$25,328$23,619$20,251
8 years$27,036$24,959$23,033$21,247$19,594$16,383
9 years$23,788$21,732$19,838$18,098$16,501$13,446
10 years$21,192$19,155$17,295$15,600$14,060$11,157
11 years$19,069$17,053$15,226$13,577$12,092$9,339
12 years$17,301$15,306$13,513$11,909$10,478$7,871
13 years$15,807$13,832$12,073$10,514$9,137$6,672
14 years$14,527$12,573$10,848$9,333$8,010$5,681
15 years$13,418$11,485$9,794$8,323$7,052$4,857
16 years$12,449$10,538$8,880$7,453$6,233$4,165
17 years$11,595$9,705$8,080$6,696$5,527$3,581
18 years$10,837$8,968$7,376$6,035$4,914$3,087
19 years$10,159$8,311$6,752$5,453$4,380$2,665
20 years$9,550$7,723$6,197$4,938$3,912$2,306
21 years$9,000$7,194$5,700$4,482$3,501$1,997
22 years$8,500$6,715$5,254$4,075$3,138$1,732
23 years$8,045$6,281$4,851$3,711$2,817$1,504
24 years$7,628$5,884$4,486$3,385$2,532$1,307
25 years$7,245$5,522$4,155$3,091$2,278$1,136
26 years$6,892$5,190$3,854$2,827$2,052$989
27 years$6,565$4,884$3,578$2,587$1,850$861
28 years$6,263$4,603$3,327$2,370$1,670$750
29 years$5,982$4,342$3,096$2,174$1,508$654
30 years$5,720$4,101$2,883$1,995$1,362$570
31 years$5,475$3,876$2,688$1,832$1,232$497
32 years$5,247$3,668$2,508$1,684$1,114$434
33 years$5,032$3,474$2,342$1,548$1,008$378
34 years$4,831$3,292$2,188$1,425$913$330
35 years$4,641$3,123$2,046$1,312$827$288
36 years$4,463$2,964$1,914$1,208$749$252
37 years$4,294$2,815$1,791$1,113$679$220
38 years$4,135$2,675$1,677$1,026$616$192
39 years$3,985$2,544$1,572$946$558$168
40 years$3,842$2,420$1,473$872$506$146
41 years$3,706$2,304$1,381$805$459$128
42 years$3,578$2,194$1,296$743$417$112
43 years$3,455$2,090$1,216$686$378$98
44 years$3,339$1,993$1,141$633$343$85
45 years$3,228$1,900$1,072$585$312$75
46 years$3,122$1,813$1,006$540$283$65
47 years$3,021$1,730$946$499$257$57
48 years$2,924$1,651$889$461$233$50
49 years$2,832$1,577$835$426$212$44
50 years$2,744$1,506$785$394$193$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,810,000, adding $2,194 every year, while hoping to spend $52,786 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: 70/10/20 Blend
74$2,810,000$2,810,000$2,810,000$2,810,000
75$3,098,883$2,949,953$2,906,398$3,300,493
76$3,358,805$3,038,337$2,947,599$3,523,634
77$3,643,470$3,129,282$2,988,410$3,761,348
78$3,955,346$3,222,859$3,028,764$4,020,238
79$4,297,151$3,319,139$3,068,587$4,302,393
80$4,671,879$3,418,195$3,107,803$4,610,116
81$5,082,826$3,520,102$3,146,329$4,945,940
82$5,533,623$3,624,936$3,184,081$5,312,657
83$6,028,271$3,732,776$3,220,966$5,713,342
84$6,571,175$3,843,702$3,256,888$6,151,382
85$7,167,187$3,957,796$3,291,747$6,630,508
86$7,821,654$4,075,142$3,325,434$7,154,830
87$8,540,465$4,195,826$3,357,838$7,728,878
88$9,330,105$4,319,934$3,388,838$8,357,640
89$10,197,722$4,447,557$3,418,311$9,046,613
90$11,151,188$4,578,786$3,446,122$9,801,851
91$12,199,177$4,713,714$3,472,135$10,630,027
92$13,351,243$4,852,436$3,496,202$11,538,491
93$14,617,914$4,995,050$3,518,169$12,535,343
94$16,010,789$5,141,655$3,537,875$13,629,507
95$17,542,644$5,292,351$3,555,149$14,830,816
96$19,227,560$5,447,242$3,569,812$16,150,104
97$21,081,048$5,606,433$3,581,677$17,599,309
98$23,120,198$5,770,032$3,590,547$19,191,585
99$25,363,841$5,938,146$3,596,213$20,941,429
100$27,832,725$6,110,888$3,598,458$22,864,810