Can I retire at age 75 with 5,100,000?

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 $5,100,000?

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$421,153$417,402$413,742$410,169$406,681$400,769
2 years$208,492$204,609$200,846$197,197$193,658$187,714
3 years$137,614$133,714$129,960$126,346$122,864$117,074
4 years$102,182$98,294$94,578$91,025$87,628$82,035
5 years$80,928$77,064$73,396$69,916$66,613$61,234
6 years$66,764$62,928$59,315$55,912$52,709$47,550
7 years$56,650$52,847$49,291$45,969$42,866$37,929
8 years$49,068$45,300$41,803$38,562$35,562$30,846
9 years$43,175$39,442$36,005$32,846$29,948$25,451
10 years$38,462$34,766$31,390$28,314$25,517$21,236
11 years$34,610$30,950$27,635$24,641$21,946$17,875
12 years$31,401$27,779$24,525$21,614$19,018$15,154
13 years$28,688$25,104$21,912$19,082$16,584$12,921
14 years$26,365$22,819$19,688$16,939$14,537$11,069
15 years$24,353$20,846$17,775$15,106$12,800$9,521
16 years$22,595$19,125$16,116$13,526$11,312$8,217
17 years$21,045$17,614$14,665$12,153$10,030$7,111
18 years$19,669$16,276$13,387$10,952$8,919$6,169
19 years$18,439$15,084$12,255$9,896$7,949$5,362
20 years$17,333$14,017$11,247$8,963$7,101$4,669
21 years$16,334$13,056$10,345$8,135$6,354$4,072
22 years$15,427$12,188$9,535$7,396$5,696$3,556
23 years$14,601$11,399$8,804$6,736$5,113$3,109
24 years$13,844$10,680$8,142$6,144$4,595$2,720
25 years$13,149$10,023$7,541$5,611$4,135$2,383
26 years$12,508$9,420$6,994$5,130$3,725$2,088
27 years$11,916$8,865$6,495$4,696$3,358$1,831
28 years$11,367$8,353$6,038$4,302$3,030$1,607
29 years$10,857$7,881$5,618$3,945$2,736$1,411
30 years$10,381$7,442$5,233$3,621$2,472$1,239
31 years$9,938$7,035$4,879$3,325$2,235$1,089
32 years$9,523$6,657$4,552$3,056$2,022$957
33 years$9,133$6,304$4,250$2,810$1,830$842
34 years$8,768$5,975$3,971$2,586$1,657$740
35 years$8,424$5,667$3,713$2,380$1,501$651
36 years$8,100$5,379$3,473$2,192$1,360$573
37 years$7,794$5,109$3,251$2,020$1,232$504
38 years$7,505$4,855$3,044$1,862$1,117$444
39 years$7,232$4,617$2,852$1,717$1,013$390
40 years$6,973$4,393$2,673$1,583$919$344
41 years$6,727$4,181$2,507$1,461$834$303
42 years$6,493$3,982$2,351$1,348$756$266
43 years$6,271$3,794$2,207$1,245$686$235
44 years$6,060$3,617$2,071$1,149$623$207
45 years$5,858$3,449$1,945$1,061$566$182
46 years$5,666$3,290$1,827$980$514$160
47 years$5,483$3,140$1,716$906$466$141
48 years$5,307$2,997$1,613$837$424$124
49 years$5,140$2,862$1,516$773$385$109
50 years$4,979$2,734$1,425$715$349$96

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,100,000, adding $5,393 every year, while hoping to spend $45,331 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: 34/45/21 Blend
74$5,100,000$5,100,000$5,100,000$5,100,000
75$5,625,763$5,355,463$5,276,413$5,780,719
76$6,151,359$5,569,649$5,404,941$6,110,081
77$6,729,046$5,792,810$5,536,255$6,460,469
78$7,364,091$6,025,340$5,670,402$6,837,387
79$8,062,293$6,267,647$5,807,425$7,243,213
80$8,830,045$6,520,159$5,947,372$7,680,552
81$9,674,387$6,783,325$6,090,286$8,152,264
82$10,603,078$7,057,611$6,236,215$8,661,488
83$11,624,666$7,343,508$6,385,201$9,211,666
84$12,748,568$7,641,525$6,537,291$9,806,578
85$13,985,160$7,952,199$6,692,529$10,450,374
86$15,345,877$8,276,087$6,850,959$11,147,612
87$16,843,315$8,613,774$7,012,625$11,903,296
88$18,491,354$8,965,870$7,177,570$12,722,926
89$20,305,290$9,333,015$7,345,835$13,612,542
90$22,301,973$9,715,876$7,517,464$14,578,783
91$24,499,972$10,115,152$7,692,497$15,628,945
92$26,919,748$10,531,573$7,870,975$16,771,049
93$29,583,846$10,965,904$8,052,936$18,013,910
94$32,517,107$11,418,942$8,238,418$19,367,221
95$35,746,906$11,891,524$8,427,459$20,841,643
96$39,303,406$12,384,524$8,620,095$22,448,896
97$43,219,843$12,898,856$8,816,358$24,201,873
98$47,532,844$13,435,476$9,016,282$26,114,756
99$52,282,764$13,995,385$9,219,898$28,203,145
100$57,514,076$14,579,629$9,427,234$30,484,202