Can I retire at age 75 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$355,090$351,927$348,841$345,829$342,888$337,903
2 years$175,787$172,513$169,340$166,264$163,280$158,269
3 years$116,027$112,739$109,574$106,527$103,592$98,709
4 years$86,153$82,875$79,742$76,747$73,882$69,167
5 years$68,234$64,975$61,883$58,949$56,164$51,629
6 years$56,291$53,057$50,011$47,142$44,441$40,091
7 years$47,764$44,557$41,559$38,758$36,142$31,979
8 years$41,371$38,194$35,245$32,513$29,984$26,007
9 years$36,402$33,255$30,357$27,694$25,250$21,459
10 years$32,429$29,312$26,466$23,872$21,515$17,904
11 years$29,181$26,095$23,300$20,776$18,503$15,071
12 years$26,475$23,422$20,678$18,223$16,035$12,777
13 years$24,188$21,166$18,475$16,089$13,982$10,894
14 years$22,229$19,239$16,600$14,282$12,257$9,333
15 years$20,533$17,576$14,987$12,737$10,792$8,028
16 years$19,051$16,125$13,588$11,404$9,538$6,928
17 years$17,744$14,851$12,365$10,247$8,457$5,995
18 years$16,583$13,723$11,287$9,234$7,520$5,201
19 years$15,546$12,718$10,333$8,344$6,702$4,521
20 years$14,614$11,818$9,483$7,557$5,987$3,937
21 years$13,772$11,008$8,723$6,859$5,357$3,433
22 years$13,007$10,276$8,039$6,236$4,802$2,998
23 years$12,310$9,611$7,423$5,679$4,311$2,621
24 years$11,672$9,005$6,865$5,180$3,875$2,294
25 years$11,086$8,450$6,358$4,731$3,487$2,009
26 years$10,546$7,942$5,897$4,325$3,141$1,761
27 years$10,047$7,474$5,476$3,959$2,831$1,544
28 years$9,584$7,043$5,090$3,627$2,555$1,355
29 years$9,154$6,644$4,737$3,326$2,307$1,190
30 years$8,753$6,275$4,412$3,053$2,085$1,045
31 years$8,379$5,932$4,114$2,804$1,885$918
32 years$8,029$5,613$3,838$2,577$1,705$807
33 years$7,701$5,315$3,584$2,369$1,543$710
34 years$7,393$5,038$3,348$2,180$1,397$624
35 years$7,103$4,778$3,130$2,007$1,265$549
36 years$6,829$4,535$2,928$1,848$1,146$483
37 years$6,572$4,307$2,741$1,703$1,039$425
38 years$6,328$4,094$2,567$1,570$942$374
39 years$6,097$3,893$2,405$1,447$854$329
40 years$5,879$3,704$2,254$1,335$775$290
41 years$5,671$3,525$2,114$1,232$703$255
42 years$5,475$3,357$1,983$1,137$638$225
43 years$5,287$3,199$1,860$1,049$579$198
44 years$5,109$3,049$1,746$969$525$174
45 years$4,939$2,908$1,640$895$477$153
46 years$4,777$2,774$1,540$826$433$135
47 years$4,623$2,647$1,447$764$393$119
48 years$4,475$2,527$1,360$706$357$105
49 years$4,334$2,413$1,278$652$324$92
50 years$4,198$2,305$1,202$603$295$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,300,000, adding $6,545 every year, while hoping to spend $32,041 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: 40/38/22 Blend
74$4,300,000$4,300,000$4,300,000$4,300,000
75$4,745,351$4,517,451$4,450,801$4,904,025
76$5,195,286$4,704,715$4,565,812$5,205,881
77$5,690,039$4,900,081$4,683,601$5,528,699
78$6,234,151$5,103,912$4,804,229$5,877,295
79$6,832,618$5,316,588$4,927,755$6,254,039
80$7,490,951$5,538,506$5,054,240$6,661,531
81$8,215,218$5,770,083$5,183,748$7,102,627
82$9,012,107$6,011,754$5,316,339$7,580,461
83$9,888,984$6,263,972$5,452,079$8,098,477
84$10,853,969$6,527,215$5,591,032$8,660,459
85$11,916,006$6,801,981$5,733,264$9,270,563
86$13,084,951$7,088,790$5,878,841$9,933,357
87$14,371,664$7,388,189$6,027,830$10,653,860
88$15,788,112$7,700,748$6,180,300$11,437,590
89$17,347,478$8,027,064$6,336,319$12,290,613
90$19,064,294$8,367,763$6,495,959$13,219,599
91$20,954,566$8,723,498$6,659,288$14,231,881
92$23,035,936$9,094,954$6,826,379$15,335,525
93$25,327,843$9,482,847$6,997,303$16,539,400
94$27,851,704$9,887,928$7,172,134$17,853,264
95$30,631,123$10,310,981$7,350,945$19,287,851
96$33,692,106$10,752,828$7,533,810$20,854,969
97$37,063,313$11,214,328$7,720,805$22,567,610
98$40,776,323$11,696,383$7,912,004$24,440,072
99$44,865,935$12,199,933$8,107,484$26,488,087
100$49,370,497$12,725,966$8,307,321$28,728,968