Can I retire at age 75 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$272,511$270,084$267,715$265,404$263,147$259,751
2 years$134,906$132,394$129,959$127,598$125,308$121,891
3 years$89,044$86,521$84,092$81,753$79,500$76,170
4 years$66,118$63,602$61,197$58,899$56,700$53,481
5 years$52,365$49,865$47,492$45,240$43,103$40,004
6 years$43,200$40,718$38,380$36,179$34,106$31,131
7 years$36,656$34,195$31,894$29,744$27,737$24,888
8 years$31,750$29,312$27,049$24,952$23,011$20,287
9 years$27,937$25,521$23,297$21,253$19,378$16,778
10 years$24,887$22,496$20,311$18,321$16,511$14,033
11 years$22,394$20,026$17,881$15,944$14,200$11,842
12 years$20,318$17,975$15,869$13,985$12,306$10,065
13 years$18,563$16,244$14,178$12,347$10,731$8,604
14 years$17,060$14,765$12,739$10,960$9,406$7,391
15 years$15,758$13,488$11,502$9,775$8,282$6,375
16 years$14,620$12,375$10,428$8,752$7,320$5,517
17 years$13,617$11,397$9,489$7,864$6,490$4,788
18 years$12,727$10,531$8,662$7,087$5,771$4,165
19 years$11,931$9,760$7,930$6,404$5,144$3,631
20 years$11,216$9,070$7,278$5,800$4,594$3,172
21 years$10,569$8,448$6,694$5,264$4,112$2,774
22 years$9,982$7,886$6,170$4,786$3,685$2,430
23 years$9,447$7,376$5,697$4,359$3,308$2,131
24 years$8,958$6,911$5,268$3,975$2,973$1,871
25 years$8,508$6,485$4,880$3,630$2,676$1,643
26 years$8,093$6,095$4,526$3,319$2,410$1,445
27 years$7,710$5,736$4,202$3,038$2,173$1,271
28 years$7,355$5,405$3,907$2,784$1,961$1,119
29 years$7,025$5,099$3,635$2,553$1,770$986
30 years$6,717$4,816$3,386$2,343$1,600$869
31 years$6,430$4,552$3,157$2,152$1,446$766
32 years$6,162$4,307$2,945$1,977$1,308$675
33 years$5,910$4,079$2,750$1,818$1,184$596
34 years$5,673$3,866$2,570$1,673$1,072$526
35 years$5,451$3,667$2,402$1,540$971$464
36 years$5,241$3,481$2,247$1,418$880$410
37 years$5,043$3,306$2,104$1,307$797$362
38 years$4,856$3,142$1,970$1,205$723$319
39 years$4,679$2,987$1,846$1,111$655$282
40 years$4,512$2,842$1,730$1,025$595$249
41 years$4,353$2,706$1,622$945$539$220
42 years$4,201$2,577$1,522$872$489$194
43 years$4,058$2,455$1,428$805$444$172
44 years$3,921$2,340$1,340$744$403$152
45 years$3,791$2,232$1,258$687$366$134
46 years$3,666$2,129$1,182$634$332$119
47 years$3,548$2,032$1,110$586$302$105
48 years$3,434$1,939$1,043$541$274$93
49 years$3,326$1,852$981$500$249$82
50 years$3,222$1,769$922$463$226$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $3,300,000, adding $4,640 every year, while hoping to spend $55,454 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: 68/23/9 Blend
74$3,300,000$3,300,000$3,300,000$3,300,000
75$3,641,386$3,466,486$3,415,336$3,882,345
76$3,953,805$3,577,341$3,470,747$4,153,695
77$4,296,232$3,691,770$3,526,156$4,443,214
78$4,671,669$3,809,888$3,581,504$4,758,358
79$5,083,424$3,931,817$3,636,729$5,101,631
80$5,535,137$4,057,680$3,691,763$5,475,783
81$6,030,821$4,187,607$3,746,538$5,883,847
82$6,574,895$4,321,730$3,800,977$6,329,160
83$7,172,226$4,460,186$3,855,001$6,815,393
84$7,828,175$4,603,117$3,908,525$7,346,591
85$8,548,648$4,750,669$3,961,461$7,927,209
86$9,340,154$4,902,995$4,013,713$8,562,148
87$10,209,858$5,060,251$4,065,181$9,256,810
88$11,165,658$5,222,597$4,115,759$10,017,141
89$12,216,253$5,390,202$4,165,334$10,849,690
90$13,371,227$5,563,239$4,213,789$11,761,669
91$14,641,139$5,741,885$4,260,998$12,761,024
92$16,037,623$5,926,325$4,306,830$13,856,503
93$17,573,495$6,116,749$4,351,143$15,057,746
94$19,262,878$6,313,356$4,393,793$16,375,367
95$21,121,329$6,516,348$4,434,623$17,821,062
96$23,165,992$6,725,937$4,473,470$19,407,712
97$25,415,755$6,942,340$4,510,163$21,149,507
98$27,891,429$7,165,781$4,544,520$23,062,082
99$30,615,945$7,396,494$4,576,351$25,162,657
100$33,614,568$7,634,719$4,605,456$27,470,207