Can I retire at age 75 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$338,574$335,558$332,616$329,744$326,940$323,391
2 years$167,611$164,489$161,464$158,531$155,686$152,112
3 years$110,631$107,496$104,478$101,572$98,773$95,287
4 years$82,146$79,021$76,033$73,177$70,446$67,073
5 years$65,060$61,953$59,005$56,207$53,552$50,302
6 years$53,673$50,589$47,685$44,949$42,374$39,251
7 years$45,542$42,485$39,626$36,955$34,461$31,467
8 years$39,447$36,417$33,606$31,001$28,589$25,723
9 years$34,709$31,708$28,945$26,406$24,076$21,337
10 years$30,921$27,949$25,235$22,762$20,514$17,901
11 years$27,823$24,881$22,216$19,810$17,643$15,153
12 years$25,244$22,332$19,716$17,376$15,289$12,919
13 years$23,063$20,182$17,615$15,340$13,332$11,081
14 years$21,195$18,345$15,827$13,617$11,687$9,550
15 years$19,578$16,758$14,290$12,144$10,290$8,265
16 years$18,165$15,375$12,956$10,874$9,094$7,177
17 years$16,918$14,160$11,790$9,770$8,064$6,251
18 years$15,812$13,085$10,762$8,805$7,170$5,458
19 years$14,823$12,127$9,852$7,956$6,391$4,775
20 years$13,935$11,269$9,042$7,206$5,708$4,186
21 years$13,132$10,496$8,317$6,540$5,108$3,675
22 years$12,402$9,798$7,665$5,946$4,579$3,231
23 years$11,738$9,164$7,078$5,415$4,110$2,845
24 years$11,129$8,586$6,546$4,939$3,694$2,507
25 years$10,570$8,057$6,062$4,510$3,324$2,211
26 years$10,055$7,573$5,623$4,124$2,994$1,952
27 years$9,579$7,127$5,221$3,775$2,700$1,724
28 years$9,138$6,716$4,854$3,459$2,436$1,524
29 years$8,728$6,335$4,517$3,172$2,200$1,348
30 years$8,346$5,983$4,207$2,911$1,988$1,193
31 years$7,989$5,656$3,922$2,673$1,797$1,056
32 years$7,655$5,352$3,660$2,457$1,625$935
33 years$7,342$5,068$3,417$2,259$1,471$828
34 years$7,049$4,803$3,193$2,079$1,332$734
35 years$6,772$4,556$2,985$1,914$1,206$650
36 years$6,512$4,324$2,792$1,762$1,093$577
37 years$6,266$4,107$2,614$1,624$991$511
38 years$6,034$3,903$2,447$1,497$898$453
39 years$5,814$3,712$2,293$1,380$814$402
40 years$5,605$3,531$2,149$1,273$739$357
41 years$5,408$3,361$2,015$1,174$670$317
42 years$5,220$3,201$1,890$1,084$608$281
43 years$5,041$3,050$1,774$1,000$552$249
44 years$4,871$2,907$1,665$924$501$221
45 years$4,709$2,773$1,563$853$455$196
46 years$4,555$2,645$1,468$788$413$174
47 years$4,408$2,524$1,380$728$375$155
48 years$4,267$2,410$1,296$673$341$137
49 years$4,132$2,301$1,219$622$309$122
50 years$4,003$2,198$1,146$575$281$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,100,000, adding $3,501 every year, while hoping to spend $57,248 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: 55/32/13 Blend
74$4,100,000$4,100,000$4,100,000$4,100,000
75$4,521,811$4,304,511$4,240,961$4,755,128
76$4,922,125$4,454,521$4,322,122$5,063,930
77$5,361,351$4,609,962$4,404,083$5,393,481
78$5,843,400$4,771,041$4,486,810$5,750,987
79$6,372,576$4,937,971$4,570,268$6,139,124
80$6,953,622$5,110,975$4,654,415$6,560,836
81$7,591,763$5,290,284$4,739,209$7,019,362
82$8,292,753$5,476,139$4,824,604$7,518,264
83$9,062,933$5,668,790$4,910,548$8,061,462
84$9,909,288$5,868,496$4,996,987$8,653,270
85$10,839,512$6,075,529$5,083,862$9,298,435
86$11,862,083$6,290,170$5,171,112$10,002,181
87$12,986,339$6,512,712$5,258,668$10,770,259
88$14,222,571$6,743,460$5,346,458$11,608,997
89$15,582,114$6,982,731$5,434,406$12,525,362
90$17,077,459$7,230,854$5,522,428$13,527,026
91$18,722,368$7,488,174$5,610,437$14,622,432
92$20,532,002$7,755,047$5,698,339$15,820,878
93$22,523,067$8,031,845$5,786,034$17,132,600
94$24,713,970$8,318,955$5,873,417$18,568,872
95$27,124,992$8,616,781$5,960,373$20,142,104
96$29,778,479$8,925,742$6,046,784$21,865,968
97$32,699,055$9,246,273$6,132,522$23,755,516
98$35,913,848$9,578,831$6,217,451$25,827,326
99$39,452,755$9,923,888$6,301,430$28,099,658
100$43,348,715$10,281,937$6,384,307$30,592,623