Can I retire at age 75 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$363,348$360,111$356,954$353,872$350,862$339,359
2 years$179,875$176,525$173,278$170,131$167,077$155,598
3 years$118,726$115,361$112,123$109,004$106,001$94,905
4 years$88,157$84,803$81,597$78,531$75,601$64,974
5 years$69,820$66,486$63,322$60,320$57,470$47,341
6 years$57,600$54,291$51,174$48,238$45,474$35,851
7 years$48,875$45,594$42,526$39,659$36,983$27,864
8 years$42,334$39,082$36,065$33,269$30,681$22,060
9 years$37,249$34,028$31,063$28,338$25,838$17,705
10 years$33,183$29,994$27,081$24,428$22,015$14,357
11 years$29,859$26,702$23,842$21,259$18,934$11,736
12 years$27,091$23,966$21,159$18,647$16,407$9,655
13 years$24,751$21,658$18,904$16,463$14,308$7,983
14 years$22,746$19,687$16,986$14,614$12,542$6,627
15 years$21,011$17,984$15,336$13,033$11,043$5,520
16 years$19,494$16,500$13,904$11,670$9,760$4,611
17 years$18,156$15,196$12,652$10,485$8,654$3,860
18 years$16,969$14,042$11,550$9,449$7,694$3,237
19 years$15,908$13,014$10,573$8,538$6,858$2,719
20 years$14,954$12,093$9,704$7,733$6,126$2,287
21 years$14,092$11,264$8,925$7,018$5,482$1,925
22 years$13,310$10,515$8,226$6,381$4,914$1,622
23 years$12,597$9,834$7,595$5,811$4,411$1,368
24 years$11,944$9,214$7,024$5,300$3,965$1,155
25 years$11,344$8,647$6,506$4,841$3,568$975
26 years$10,791$8,127$6,034$4,426$3,214$823
27 years$10,280$7,648$5,603$4,051$2,897$696
28 years$9,807$7,207$5,209$3,712$2,614$588
29 years$9,367$6,799$4,847$3,404$2,361$497
30 years$8,956$6,421$4,515$3,124$2,133$421
31 years$8,574$6,070$4,209$2,869$1,928$356
32 years$8,216$5,743$3,927$2,637$1,744$301
33 years$7,880$5,439$3,667$2,425$1,579$255
34 years$7,564$5,155$3,426$2,231$1,429$215
35 years$7,268$4,889$3,203$2,054$1,295$182
36 years$6,988$4,641$2,997$1,891$1,173$154
37 years$6,724$4,408$2,805$1,743$1,063$131
38 years$6,475$4,189$2,627$1,606$964$111
39 years$6,239$3,983$2,461$1,481$874$94
40 years$6,015$3,790$2,306$1,366$793$79
41 years$5,803$3,607$2,163$1,260$719$67
42 years$5,602$3,436$2,029$1,163$653$57
43 years$5,410$3,273$1,904$1,074$592$48
44 years$5,228$3,120$1,787$991$538$41
45 years$5,054$2,975$1,678$916$488$34
46 years$4,888$2,838$1,576$846$443$29
47 years$4,730$2,709$1,481$781$402$25
48 years$4,579$2,586$1,391$722$365$21
49 years$4,434$2,469$1,308$667$332$18
50 years$4,296$2,359$1,229$617$301$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,400,000, adding $2,837 every year, while hoping to spend $32,075 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: 44/40/16 Blend
74$4,400,000$4,400,000$4,400,000$4,400,000
75$4,851,726$4,618,526$4,550,326$5,042,676
76$5,312,475$4,810,707$4,668,635$5,368,874
77$5,819,145$5,011,229$4,789,831$5,718,804
78$6,376,386$5,220,467$4,913,979$6,097,402
79$6,989,322$5,438,815$5,041,142$6,507,329
80$7,663,598$5,666,682$5,171,386$6,951,504
81$8,405,433$5,904,497$5,304,775$7,433,134
82$9,221,680$6,152,710$5,441,377$7,955,742
83$10,119,889$6,411,791$5,581,261$8,523,198
84$11,108,379$6,682,230$5,724,495$9,139,752
85$12,196,318$6,964,544$5,871,150$9,810,078
86$13,393,806$7,259,270$6,021,297$10,539,310
87$14,711,971$7,566,971$6,175,008$11,333,093
88$16,163,077$7,888,238$6,332,355$12,197,634
89$17,760,636$8,223,687$6,493,415$13,139,754
90$19,519,538$8,573,964$6,658,261$14,166,958
91$21,456,188$8,939,745$6,826,969$15,287,496
92$23,588,664$9,321,738$6,999,618$16,510,444
93$25,936,887$9,720,682$7,176,285$17,845,785
94$28,522,808$10,137,354$7,357,048$19,304,500
95$31,370,614$10,572,564$7,541,989$20,898,671
96$34,506,958$11,027,161$7,731,187$22,641,591
97$37,961,210$11,502,034$7,924,724$24,547,889
98$41,765,734$11,998,115$8,122,683$26,633,660
99$45,956,193$12,516,376$8,325,147$28,916,620
100$50,571,884$13,057,838$8,532,199$31,416,266