Can I retire at age 75 with 3,900,000?

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:
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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
1 years$322,058$319,190$316,391$313,659$310,991$307,616
2 years$159,435$156,466$153,588$150,798$148,091$144,692
3 years$105,234$102,252$99,381$96,617$93,955$90,638
4 years$78,139$75,166$72,324$69,607$67,010$63,801
5 years$61,886$58,931$56,127$53,465$50,940$47,848
6 years$51,055$48,122$45,359$42,757$40,307$37,336
7 years$43,321$40,412$37,693$35,153$32,780$29,932
8 years$37,523$34,641$31,967$29,489$27,194$24,468
9 years$33,016$30,161$27,533$25,118$22,902$20,296
10 years$29,412$26,586$24,004$21,652$19,513$17,027
11 years$26,466$23,668$21,133$18,843$16,782$14,414
12 years$24,013$21,243$18,755$16,528$14,543$12,289
13 years$21,938$19,197$16,756$14,592$12,682$10,540
14 years$20,161$17,450$15,055$12,953$11,117$9,084
15 years$18,623$15,941$13,593$11,552$9,788$7,862
16 years$17,278$14,625$12,324$10,343$8,651$6,827
17 years$16,093$13,469$11,214$9,294$7,670$5,946
18 years$15,041$12,446$10,237$8,375$6,820$5,191
19 years$14,100$11,535$9,372$7,568$6,079$4,542
20 years$13,255$10,719$8,601$6,854$5,430$3,982
21 years$12,491$9,984$7,911$6,221$4,859$3,496
22 years$11,797$9,320$7,291$5,656$4,355$3,074
23 years$11,165$8,717$6,732$5,151$3,910$2,706
24 years$10,586$8,167$6,226$4,698$3,514$2,384
25 years$10,055$7,664$5,767$4,290$3,162$2,103
26 years$9,565$7,203$5,348$3,923$2,848$1,857
27 years$9,112$6,779$4,966$3,591$2,568$1,640
28 years$8,692$6,388$4,617$3,290$2,317$1,450
29 years$8,302$6,026$4,296$3,017$2,092$1,282
30 years$7,939$5,691$4,002$2,769$1,891$1,134
31 years$7,599$5,380$3,731$2,543$1,709$1,004
32 years$7,282$5,091$3,481$2,337$1,546$889
33 years$6,984$4,821$3,250$2,149$1,399$788
34 years$6,705$4,569$3,037$1,977$1,267$698
35 years$6,442$4,334$2,839$1,820$1,147$619
36 years$6,194$4,113$2,656$1,676$1,040$548
37 years$5,960$3,907$2,486$1,545$942$486
38 years$5,739$3,713$2,328$1,424$854$431
39 years$5,530$3,531$2,181$1,313$775$383
40 years$5,332$3,359$2,044$1,211$703$339
41 years$5,144$3,197$1,917$1,117$637$301
42 years$4,965$3,045$1,798$1,031$578$267
43 years$4,795$2,901$1,687$952$525$237
44 years$4,634$2,766$1,584$879$477$210
45 years$4,480$2,637$1,487$812$433$187
46 years$4,333$2,516$1,397$750$393$166
47 years$4,193$2,401$1,312$693$357$147
48 years$4,059$2,292$1,233$640$324$131
49 years$3,930$2,189$1,159$591$294$116
50 years$3,808$2,091$1,090$547$267$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $3,900,000, adding $6,414 every year, while hoping to spend $27,973 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: 53/33/14 Blend