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

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$379,864$376,480$373,179$369,957$366,810$359,111
2 years$188,051$184,549$181,155$177,864$174,672$166,951
3 years$124,122$120,605$117,219$113,959$110,819$103,317
4 years$92,164$88,657$85,306$82,101$79,037$71,813
5 years$72,994$69,508$66,201$63,062$60,083$53,156
6 years$60,218$56,759$53,500$50,431$47,541$40,920
7 years$51,096$47,666$44,459$41,462$38,664$32,349
8 years$44,258$40,859$37,704$34,781$32,075$26,065
9 years$38,942$35,575$32,475$29,626$27,012$21,303
10 years$34,692$31,357$28,312$25,538$23,016$17,601
11 years$31,216$27,916$24,926$22,226$19,794$14,667
12 years$28,322$25,056$22,121$19,495$17,153$12,306
13 years$25,876$22,643$19,764$17,211$14,958$10,383
14 years$23,780$20,582$17,758$15,278$13,112$8,800
15 years$21,966$18,802$16,033$13,625$11,545$7,486
16 years$20,380$17,250$14,536$12,200$10,203$6,388
17 years$18,982$15,887$13,227$10,962$9,047$5,466
18 years$17,740$14,680$12,075$9,879$8,044$4,687
19 years$16,631$13,605$11,054$8,926$7,170$4,026
20 years$15,634$12,643$10,145$8,084$6,404$3,464
21 years$14,733$11,776$9,331$7,337$5,731$2,985
22 years$13,915$10,993$8,600$6,671$5,137$2,575
23 years$13,169$10,281$7,941$6,075$4,611$2,223
24 years$12,487$9,633$7,344$5,541$4,145$1,921
25 years$11,860$9,040$6,802$5,061$3,730$1,661
26 years$11,282$8,496$6,308$4,627$3,360$1,438
27 years$10,748$7,996$5,858$4,235$3,029$1,245
28 years$10,252$7,534$5,446$3,880$2,733$1,078
29 years$9,792$7,108$5,068$3,558$2,468$934
30 years$9,364$6,713$4,720$3,266$2,230$810
31 years$8,963$6,346$4,401$2,999$2,016$702
32 years$8,589$6,004$4,106$2,756$1,824$609
33 years$8,238$5,686$3,834$2,535$1,650$528
34 years$7,908$5,389$3,582$2,332$1,494$458
35 years$7,598$5,112$3,349$2,147$1,353$398
36 years$7,306$4,852$3,133$1,977$1,226$345
37 years$7,030$4,608$2,932$1,822$1,111$300
38 years$6,769$4,379$2,746$1,679$1,008$260
39 years$6,523$4,164$2,573$1,548$914$226
40 years$6,289$3,962$2,411$1,428$829$196
41 years$6,067$3,771$2,261$1,318$752$170
42 years$5,856$3,592$2,121$1,216$682$148
43 years$5,656$3,422$1,990$1,122$619$129
44 years$5,465$3,262$1,868$1,036$562$112
45 years$5,284$3,111$1,754$957$510$97
46 years$5,110$2,967$1,648$884$463$84
47 years$4,945$2,832$1,548$817$421$73
48 years$4,787$2,703$1,455$755$382$64
49 years$4,636$2,582$1,367$698$347$55
50 years$4,491$2,466$1,285$645$315$48

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 $3,668 every year, while hoping to spend $49,952 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: 43/43/14 Blend
74$4,600,000$4,600,000$4,600,000$4,600,000
75$5,072,984$4,829,184$4,757,884$5,270,339
76$5,537,279$5,012,665$4,864,124$5,592,448
77$6,047,259$5,203,463$4,972,250$5,935,932
78$6,607,530$5,401,883$5,082,270$6,306,962
79$7,223,167$5,608,244$5,194,195$6,708,090
80$7,899,762$5,822,880$5,308,033$7,142,116
81$8,643,474$6,046,137$5,423,788$7,612,116
82$9,461,089$6,278,379$5,541,466$8,121,472
83$10,360,085$6,519,985$5,661,070$8,673,897
84$11,348,698$6,771,348$5,782,600$9,273,473
85$12,436,005$7,032,884$5,906,057$9,924,687
86$13,632,003$7,305,021$6,031,435$10,632,471
87$14,947,710$7,588,209$6,158,731$11,402,247
88$16,395,264$7,882,920$6,287,937$12,239,979
89$17,988,040$8,189,642$6,419,041$13,152,223
90$19,740,774$8,508,887$6,552,033$14,146,193
91$21,669,702$8,841,192$6,686,895$15,229,820
92$23,792,714$9,187,113$6,823,609$16,411,832
93$26,129,524$9,547,235$6,962,153$17,701,831
94$28,701,853$9,922,166$7,102,502$19,110,379
95$31,533,632$10,312,543$7,244,626$20,649,101
96$34,651,236$10,719,031$7,388,494$22,330,789
97$38,083,722$11,142,323$7,534,069$24,169,522
98$41,863,110$11,583,146$7,681,309$26,180,792
99$46,024,684$12,042,257$7,830,169$28,381,656
100$50,607,321$12,520,447$7,980,600$30,790,885