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

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$363,348$360,111$356,954$353,872$350,862$342,519
2 years$179,875$176,525$173,278$170,131$167,077$158,721
3 years$118,726$115,361$112,123$109,004$106,001$97,892
4 years$88,157$84,803$81,597$78,531$75,601$67,801
5 years$69,820$66,486$63,322$60,320$57,470$50,003
6 years$57,600$54,291$51,174$48,238$45,474$38,346
7 years$48,875$45,594$42,526$39,659$36,983$30,195
8 years$42,334$39,082$36,065$33,269$30,681$24,231
9 years$37,249$34,028$31,063$28,338$25,838$19,720
10 years$33,183$29,994$27,081$24,428$22,015$16,223
11 years$29,859$26,702$23,842$21,259$18,934$13,459
12 years$27,091$23,966$21,159$18,647$16,407$11,241
13 years$24,751$21,658$18,904$16,463$14,308$9,440
14 years$22,746$19,687$16,986$14,614$12,542$7,962
15 years$21,011$17,984$15,336$13,033$11,043$6,741
16 years$19,494$16,500$13,904$11,670$9,760$5,724
17 years$18,156$15,196$12,652$10,485$8,654$4,872
18 years$16,969$14,042$11,550$9,449$7,694$4,156
19 years$15,908$13,014$10,573$8,538$6,858$3,552
20 years$14,954$12,093$9,704$7,733$6,126$3,040
21 years$14,092$11,264$8,925$7,018$5,482$2,605
22 years$13,310$10,515$8,226$6,381$4,914$2,235
23 years$12,597$9,834$7,595$5,811$4,411$1,919
24 years$11,944$9,214$7,024$5,300$3,965$1,650
25 years$11,344$8,647$6,506$4,841$3,568$1,419
26 years$10,791$8,127$6,034$4,426$3,214$1,221
27 years$10,280$7,648$5,603$4,051$2,897$1,051
28 years$9,807$7,207$5,209$3,712$2,614$905
29 years$9,367$6,799$4,847$3,404$2,361$780
30 years$8,956$6,421$4,515$3,124$2,133$672
31 years$8,574$6,070$4,209$2,869$1,928$579
32 years$8,216$5,743$3,927$2,637$1,744$500
33 years$7,880$5,439$3,667$2,425$1,579$431
34 years$7,564$5,155$3,426$2,231$1,429$372
35 years$7,268$4,889$3,203$2,054$1,295$321
36 years$6,988$4,641$2,997$1,891$1,173$277
37 years$6,724$4,408$2,805$1,743$1,063$239
38 years$6,475$4,189$2,627$1,606$964$206
39 years$6,239$3,983$2,461$1,481$874$178
40 years$6,015$3,790$2,306$1,366$793$154
41 years$5,803$3,607$2,163$1,260$719$133
42 years$5,602$3,436$2,029$1,163$653$114
43 years$5,410$3,273$1,904$1,074$592$99
44 years$5,228$3,120$1,787$991$538$85
45 years$5,054$2,975$1,678$916$488$74
46 years$4,888$2,838$1,576$846$443$64
47 years$4,730$2,709$1,481$781$402$55
48 years$4,579$2,586$1,391$722$365$47
49 years$4,434$2,469$1,308$667$332$41
50 years$4,296$2,359$1,229$617$301$35

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 $2,174 every year, while hoping to spend $47,051 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: 85/7/8 Blend
74$4,400,000$4,400,000$4,400,000$4,400,000
75$4,851,042$4,617,842$4,549,642$5,259,016
76$5,295,787$4,794,055$4,651,994$5,701,864
77$5,784,318$4,977,325$4,756,197$6,181,691
78$6,321,053$5,167,948$4,862,264$6,707,369
79$6,910,857$5,366,234$4,970,206$7,283,479
80$7,559,091$5,572,506$5,080,034$7,915,067
81$8,271,659$5,787,099$5,191,756$8,607,689
82$9,055,067$6,010,366$5,305,379$9,367,468
83$9,916,484$6,242,674$5,420,909$10,201,144
84$10,863,806$6,484,406$5,538,350$11,116,142
85$11,905,733$6,735,961$5,657,704$12,120,643
86$13,051,853$6,997,758$5,778,972$13,223,657
87$14,312,726$7,270,232$5,902,152$14,435,109
88$15,699,991$7,553,840$6,027,240$15,765,933
89$17,226,468$7,849,056$6,154,231$17,228,174
90$18,906,286$8,156,378$6,283,116$18,835,102
91$20,755,011$8,476,325$6,413,884$20,601,334
92$22,789,795$8,809,438$6,546,522$22,542,976
93$25,029,537$9,156,283$6,681,014$24,677,771
94$27,495,061$9,517,452$6,817,339$27,025,268
95$30,209,312$9,893,562$6,955,475$29,607,001
96$33,197,575$10,285,259$7,095,395$32,446,701
97$36,487,707$10,693,217$7,237,071$35,570,511
98$40,110,409$11,118,140$7,380,469$39,007,234
99$44,099,506$11,560,764$7,525,550$42,788,609
100$48,492,273$12,021,859$7,672,273$46,949,602