Can I retire at age 75 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$379,864$376,480$373,179$369,957$366,810$357,653
2 years$188,051$184,549$181,155$177,864$174,672$165,503
3 years$124,122$120,605$117,219$113,959$110,819$101,927
4 years$92,164$88,657$85,306$82,101$79,037$70,489
5 years$72,994$69,508$66,201$63,062$60,083$51,903
6 years$60,218$56,759$53,500$50,431$47,541$39,738
7 years$51,096$47,666$44,459$41,462$38,664$31,238
8 years$44,258$40,859$37,704$34,781$32,075$25,024
9 years$38,942$35,575$32,475$29,626$27,012$20,329
10 years$34,692$31,357$28,312$25,538$23,016$16,692
11 years$31,216$27,916$24,926$22,226$19,794$13,822
12 years$28,322$25,056$22,121$19,495$17,153$11,522
13 years$25,876$22,643$19,764$17,211$14,958$9,656
14 years$23,780$20,582$17,758$15,278$13,112$8,128
15 years$21,966$18,802$16,033$13,625$11,545$6,866
16 years$20,380$17,250$14,536$12,200$10,203$5,818
17 years$18,982$15,887$13,227$10,962$9,047$4,942
18 years$17,740$14,680$12,075$9,879$8,044$4,207
19 years$16,631$13,605$11,054$8,926$7,170$3,587
20 years$15,634$12,643$10,145$8,084$6,404$3,063
21 years$14,733$11,776$9,331$7,337$5,731$2,619
22 years$13,915$10,993$8,600$6,671$5,137$2,242
23 years$13,169$10,281$7,941$6,075$4,611$1,920
24 years$12,487$9,633$7,344$5,541$4,145$1,646
25 years$11,860$9,040$6,802$5,061$3,730$1,413
26 years$11,282$8,496$6,308$4,627$3,360$1,213
27 years$10,748$7,996$5,858$4,235$3,029$1,041
28 years$10,252$7,534$5,446$3,880$2,733$895
29 years$9,792$7,108$5,068$3,558$2,468$769
30 years$9,364$6,713$4,720$3,266$2,230$661
31 years$8,963$6,346$4,401$2,999$2,016$569
32 years$8,589$6,004$4,106$2,756$1,824$489
33 years$8,238$5,686$3,834$2,535$1,650$421
34 years$7,908$5,389$3,582$2,332$1,494$362
35 years$7,598$5,112$3,349$2,147$1,353$312
36 years$7,306$4,852$3,133$1,977$1,226$268
37 years$7,030$4,608$2,932$1,822$1,111$231
38 years$6,769$4,379$2,746$1,679$1,008$199
39 years$6,523$4,164$2,573$1,548$914$171
40 years$6,289$3,962$2,411$1,428$829$147
41 years$6,067$3,771$2,261$1,318$752$127
42 years$5,856$3,592$2,121$1,216$682$109
43 years$5,656$3,422$1,990$1,122$619$94
44 years$5,465$3,262$1,868$1,036$562$81
45 years$5,284$3,111$1,754$957$510$70
46 years$5,110$2,967$1,648$884$463$60
47 years$4,945$2,832$1,548$817$421$52
48 years$4,787$2,703$1,455$755$382$45
49 years$4,636$2,582$1,367$698$347$38
50 years$4,491$2,466$1,285$645$315$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,600,000, adding $3,913 every year, while hoping to spend $41,446 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: 68/18/14 Blend
74$4,600,000$4,600,000$4,600,000$4,600,000
75$5,073,236$4,829,436$4,758,136$5,401,695
76$5,546,608$5,021,980$4,873,436$5,813,448
77$6,066,875$5,222,570$4,991,208$6,258,347
78$6,638,776$5,431,556$5,111,494$6,743,890
79$7,267,533$5,649,304$5,234,331$7,274,066
80$7,958,899$5,876,197$5,359,758$7,853,264
81$8,719,211$6,112,636$5,487,815$8,486,315
82$9,555,453$6,359,037$5,618,539$9,178,536
83$10,475,319$6,615,840$5,751,970$9,935,781
84$11,487,285$6,883,499$5,888,144$10,764,493
85$12,600,691$7,162,494$6,027,100$11,671,768
86$13,825,829$7,453,323$6,168,875$12,665,417
87$15,174,036$7,756,509$6,313,505$13,754,041
88$16,657,806$8,072,597$6,461,026$14,947,109
89$18,290,906$8,402,157$6,611,474$16,255,052
90$20,088,503$8,745,788$6,764,883$17,689,353
91$22,067,311$9,104,111$6,921,287$19,262,658
92$24,245,745$9,477,781$7,080,718$20,988,897
93$26,644,097$9,867,479$7,243,209$22,883,409
94$29,284,728$10,273,919$7,408,790$24,963,090
95$32,192,276$10,697,846$7,577,490$27,246,546
96$35,393,890$11,140,042$7,749,337$29,754,275
97$38,919,485$11,601,323$7,924,359$32,508,852
98$42,802,027$12,082,542$8,102,579$35,535,145
99$47,077,840$12,584,593$8,284,021$38,860,546
100$51,786,951$13,108,409$8,468,707$42,515,229