Can I retire at age 75 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$305,543$302,821$300,166$297,574$295,043$291,115
2 years$151,259$148,442$145,711$143,064$140,497$136,546
3 years$99,837$97,008$94,285$91,663$89,137$85,285
4 years$74,132$71,311$68,615$66,038$63,573$59,851
5 years$58,713$55,909$53,248$50,723$48,327$44,745
6 years$48,436$45,654$43,033$40,564$38,240$34,802
7 years$41,099$38,340$35,760$33,350$31,099$27,807
8 years$35,599$32,864$30,328$27,976$25,800$22,653
9 years$31,323$28,614$26,121$23,830$21,727$18,725
10 years$27,904$25,222$22,773$20,541$18,513$15,652
11 years$25,109$22,454$20,049$17,877$15,921$13,200
12 years$22,781$20,153$17,793$15,681$13,797$11,211
13 years$20,813$18,213$15,897$13,844$12,031$9,578
14 years$19,128$16,555$14,283$12,289$10,547$8,222
15 years$17,668$15,123$12,896$10,960$9,286$7,087
16 years$16,392$13,875$11,692$9,813$8,207$6,129
17 years$15,268$12,779$10,639$8,817$7,277$5,315
18 years$14,269$11,808$9,712$7,946$6,470$4,621
19 years$13,377$10,944$8,891$7,180$5,767$4,026
20 years$12,575$10,169$8,160$6,503$5,151$3,513
21 years$11,850$9,472$7,506$5,902$4,610$3,071
22 years$11,192$8,842$6,917$5,366$4,132$2,688
23 years$10,593$8,270$6,387$4,887$3,709$2,355
24 years$10,044$7,748$5,907$4,457$3,334$2,066
25 years$9,539$7,271$5,471$4,070$3,000$1,813
26 years$9,074$6,834$5,074$3,722$2,702$1,593
27 years$8,645$6,431$4,712$3,407$2,436$1,401
28 years$8,246$6,060$4,380$3,121$2,198$1,232
29 years$7,876$5,717$4,076$2,862$1,985$1,084
30 years$7,532$5,399$3,797$2,627$1,794$955
31 years$7,210$5,104$3,540$2,413$1,622$841
32 years$6,909$4,830$3,303$2,217$1,467$741
33 years$6,626$4,574$3,084$2,039$1,328$653
34 years$6,361$4,335$2,881$1,876$1,202$576
35 years$6,112$4,111$2,694$1,727$1,089$508
36 years$5,876$3,902$2,520$1,590$986$448
37 years$5,655$3,706$2,359$1,465$894$395
38 years$5,445$3,522$2,209$1,351$810$349
39 years$5,247$3,349$2,069$1,245$735$308
40 years$5,058$3,187$1,940$1,149$667$272
41 years$4,880$3,033$1,819$1,060$605$240
42 years$4,711$2,889$1,706$978$549$212
43 years$4,550$2,753$1,601$903$498$187
44 years$4,396$2,624$1,503$834$452$165
45 years$4,250$2,502$1,411$770$410$146
46 years$4,111$2,387$1,325$711$373$129
47 years$3,978$2,278$1,245$657$338$114
48 years$3,850$2,174$1,170$607$307$100
49 years$3,729$2,076$1,100$561$279$89
50 years$3,612$1,984$1,034$519$253$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $3,700,000, adding $6,686 every year, while hoping to spend $40,810 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: 56/14/30 Blend
74$3,700,000$3,700,000$3,700,000$3,700,000
75$4,084,297$3,888,197$3,830,847$4,278,765
76$4,457,473$4,035,297$3,915,758$4,560,715
77$4,867,346$4,188,237$4,002,147$4,863,003
78$5,317,615$4,347,260$4,090,019$5,191,576
79$5,812,357$4,512,621$4,179,379$5,548,989
80$6,356,061$4,684,582$4,270,232$5,938,054
81$6,953,674$4,863,422$4,362,579$6,361,865
82$7,610,646$5,049,427$4,456,423$6,823,827
83$8,332,982$5,242,900$4,551,764$7,327,691
84$9,127,297$5,444,152$4,648,599$7,877,584
85$10,000,879$5,653,514$4,746,925$8,478,051
86$10,961,759$5,871,326$4,846,736$9,134,097
87$12,018,783$6,097,945$4,948,026$9,851,232
88$13,181,699$6,333,745$5,050,786$10,635,524
89$14,461,249$6,579,115$5,155,004$11,493,654
90$15,869,265$6,834,461$5,260,665$12,432,982
91$17,418,788$7,100,207$5,367,755$13,461,610
92$19,124,184$7,376,797$5,476,255$14,588,466
93$21,001,284$7,664,693$5,586,143$15,823,379
94$23,067,531$7,964,379$5,697,394$17,177,178
95$25,342,145$8,276,359$5,809,983$18,661,790
96$27,846,303$8,601,160$5,923,877$20,290,352
97$30,603,343$8,939,334$6,039,043$22,077,336
98$33,638,977$9,291,454$6,155,444$24,038,684
99$36,981,540$9,658,122$6,273,039$26,191,955
100$40,662,252$10,039,966$6,391,781$28,556,497