Can I retire at age 75 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$346,832$343,743$340,729$337,787$334,914$327,216
2 years$171,699$168,501$165,402$162,397$159,483$151,770
3 years$113,329$110,117$107,026$104,050$101,182$93,696
4 years$84,150$80,948$77,888$74,962$72,164$64,961
5 years$66,647$63,464$60,444$57,578$54,858$47,958
6 years$54,982$51,823$48,848$46,046$43,407$36,818
7 years$46,653$43,521$40,593$37,857$35,302$29,025
8 years$40,409$37,306$34,426$31,757$29,286$23,319
9 years$35,556$32,481$29,651$27,050$24,663$19,000
10 years$31,675$28,631$25,850$23,317$21,014$15,650
11 years$28,502$25,488$22,758$20,293$18,073$13,000
12 years$25,860$22,877$20,197$17,800$15,662$10,872
13 years$23,626$20,674$18,045$15,714$13,657$9,142
14 years$21,712$18,792$16,214$13,950$11,972$7,722
15 years$20,056$17,167$14,639$12,441$10,541$6,546
16 years$18,608$15,750$13,272$11,139$9,316$5,567
17 years$17,331$14,505$12,077$10,008$8,260$4,746
18 years$16,198$13,404$11,025$9,020$7,345$4,054
19 years$15,185$12,422$10,093$8,150$6,547$3,470
20 years$14,274$11,543$9,263$7,381$5,847$2,974
21 years$13,452$10,752$8,520$6,699$5,233$2,553
22 years$12,705$10,037$7,852$6,091$4,690$2,194
23 years$12,024$9,387$7,250$5,547$4,210$1,887
24 years$11,401$8,795$6,705$5,059$3,784$1,624
25 years$10,828$8,254$6,210$4,621$3,405$1,399
26 years$10,301$7,757$5,760$4,225$3,067$1,206
27 years$9,813$7,301$5,348$3,867$2,766$1,040
28 years$9,361$6,879$4,972$3,543$2,495$897
29 years$8,941$6,490$4,627$3,249$2,253$774
30 years$8,549$6,129$4,310$2,982$2,036$668
31 years$8,184$5,794$4,018$2,739$1,841$577
32 years$7,842$5,482$3,749$2,517$1,665$498
33 years$7,522$5,192$3,500$2,314$1,507$431
34 years$7,221$4,921$3,270$2,129$1,364$372
35 years$6,937$4,667$3,058$1,960$1,236$321
36 years$6,671$4,430$2,860$1,805$1,120$278
37 years$6,419$4,207$2,677$1,663$1,015$240
38 years$6,181$3,998$2,507$1,533$920$208
39 years$5,956$3,802$2,349$1,414$834$180
40 years$5,742$3,617$2,202$1,304$757$155
41 years$5,540$3,443$2,064$1,203$687$134
42 years$5,347$3,279$1,937$1,110$623$116
43 years$5,164$3,125$1,817$1,025$565$100
44 years$4,990$2,978$1,706$946$513$87
45 years$4,824$2,840$1,602$874$466$75
46 years$4,666$2,709$1,504$807$423$65
47 years$4,515$2,586$1,413$746$384$56
48 years$4,371$2,468$1,328$689$349$49
49 years$4,233$2,357$1,248$637$317$42
50 years$4,101$2,252$1,174$589$288$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,200,000, adding $3,461 every year, while hoping to spend $24,156 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: 82/7/11 Blend
74$4,200,000$4,200,000$4,200,000$4,200,000
75$4,631,970$4,409,370$4,344,270$5,002,968
76$5,078,729$4,599,727$4,464,101$5,436,935
77$5,570,248$4,798,603$4,587,137$5,909,755
78$6,111,067$5,006,388$4,713,460$6,428,155
79$6,706,188$5,223,493$4,843,153$6,996,694
80$7,361,123$5,450,347$4,976,302$7,620,395
81$8,081,944$5,687,401$5,112,995$8,304,788
82$8,875,344$5,935,126$5,253,322$9,055,966
83$9,748,695$6,194,013$5,397,375$9,880,636
84$10,710,123$6,464,580$5,545,247$10,786,190
85$11,768,578$6,747,368$5,697,036$11,780,768
86$12,933,926$7,042,941$5,852,839$12,873,337
87$14,217,035$7,351,894$6,012,758$14,073,772
88$15,629,882$7,674,847$6,176,895$15,392,955
89$17,185,665$8,012,449$6,345,356$16,842,871
90$18,898,927$8,365,383$6,518,249$18,436,724
91$20,785,691$8,734,360$6,695,684$20,189,059
92$22,863,616$9,120,128$6,877,774$22,115,900
93$25,152,160$9,523,470$7,064,635$24,234,901
94$27,672,763$9,945,203$7,256,383$26,565,510
95$30,449,053$10,386,186$7,453,140$29,129,155
96$33,507,065$10,847,318$7,655,029$31,949,442
97$36,875,489$11,329,540$7,862,176$35,052,381
98$40,585,940$11,833,838$8,074,709$38,466,625
99$44,673,254$12,361,244$8,292,761$42,223,748
100$49,175,823$12,912,842$8,516,465$46,358,535