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

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 $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%15.5%
1 years$421,153$417,402$413,742$410,169$406,681$397,496
2 years$208,492$204,609$200,846$197,197$193,658$184,453
3 years$137,614$133,714$129,960$126,346$122,864$113,927
4 years$102,182$98,294$94,578$91,025$87,628$79,028
5 years$80,928$77,064$73,396$69,916$66,613$58,374
6 years$66,764$62,928$59,315$55,912$52,709$44,839
7 years$56,650$52,847$49,291$45,969$42,866$35,368
8 years$49,068$45,300$41,803$38,562$35,562$28,431
9 years$43,175$39,442$36,005$32,846$29,948$23,180
10 years$38,462$34,766$31,390$28,314$25,517$19,105
11 years$34,610$30,950$27,635$24,641$21,946$15,880
12 years$31,401$27,779$24,525$21,614$19,018$13,289
13 years$28,688$25,104$21,912$19,082$16,584$11,182
14 years$26,365$22,819$19,688$16,939$14,537$9,451
15 years$24,353$20,846$17,775$15,106$12,800$8,018
16 years$22,595$19,125$16,116$13,526$11,312$6,823
17 years$21,045$17,614$14,665$12,153$10,030$5,821
18 years$19,669$16,276$13,387$10,952$8,919$4,976
19 years$18,439$15,084$12,255$9,896$7,949$4,262
20 years$17,333$14,017$11,247$8,963$7,101$3,656
21 years$16,334$13,056$10,345$8,135$6,354$3,141
22 years$15,427$12,188$9,535$7,396$5,696$2,701
23 years$14,601$11,399$8,804$6,736$5,113$2,325
24 years$13,844$10,680$8,142$6,144$4,595$2,003
25 years$13,149$10,023$7,541$5,611$4,135$1,726
26 years$12,508$9,420$6,994$5,130$3,725$1,489
27 years$11,916$8,865$6,495$4,696$3,358$1,285
28 years$11,367$8,353$6,038$4,302$3,030$1,109
29 years$10,857$7,881$5,618$3,945$2,736$958
30 years$10,381$7,442$5,233$3,621$2,472$828
31 years$9,938$7,035$4,879$3,325$2,235$716
32 years$9,523$6,657$4,552$3,056$2,022$619
33 years$9,133$6,304$4,250$2,810$1,830$535
34 years$8,768$5,975$3,971$2,586$1,657$463
35 years$8,424$5,667$3,713$2,380$1,501$400
36 years$8,100$5,379$3,473$2,192$1,360$346
37 years$7,794$5,109$3,251$2,020$1,232$299
38 years$7,505$4,855$3,044$1,862$1,117$259
39 years$7,232$4,617$2,852$1,717$1,013$224
40 years$6,973$4,393$2,673$1,583$919$194
41 years$6,727$4,181$2,507$1,461$834$168
42 years$6,493$3,982$2,351$1,348$756$145
43 years$6,271$3,794$2,207$1,245$686$126
44 years$6,060$3,617$2,071$1,149$623$109
45 years$5,858$3,449$1,945$1,061$566$94
46 years$5,666$3,290$1,827$980$514$82
47 years$5,483$3,140$1,716$906$466$71
48 years$5,307$2,997$1,613$837$424$61
49 years$5,140$2,862$1,516$773$385$53
50 years$4,979$2,734$1,425$715$349$46

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 $4,208 every year, while hoping to spend $44,092 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: 58/37/5 Blend
74$5,100,000$5,100,000$5,100,000$5,100,000
75$5,624,541$5,354,241$5,275,191$5,945,375
76$6,151,330$5,569,685$5,404,996$6,376,454
77$6,730,374$5,794,208$5,537,672$6,840,673
78$7,366,957$6,028,209$5,673,268$7,345,501
79$8,066,899$6,272,103$5,811,835$7,894,823
80$8,836,612$6,526,326$5,953,421$8,492,909
81$9,683,164$6,791,333$6,098,078$9,144,455
82$10,614,338$7,067,600$6,245,855$9,854,625
83$11,638,712$7,355,624$6,396,803$10,629,095
84$12,765,736$7,655,925$6,550,971$11,474,111
85$14,005,823$7,969,047$6,708,410$12,396,542
86$15,370,445$8,295,558$6,869,170$13,403,944
87$16,872,243$8,636,053$7,033,300$14,504,631
88$18,525,146$8,991,154$7,200,850$15,707,748
89$20,344,501$9,361,510$7,371,868$17,023,360
90$22,347,219$9,747,803$7,546,404$18,462,542
91$24,551,932$10,150,742$7,724,506$20,037,483
92$26,979,173$10,571,073$7,906,221$21,761,598
93$29,651,566$11,009,572$8,091,596$23,649,650
94$32,594,039$11,467,054$8,280,678$25,717,892
95$35,834,061$11,944,371$8,473,511$27,984,214
96$39,401,902$12,442,411$8,670,140$30,468,311
97$43,330,915$12,962,108$8,870,609$33,191,865
98$47,657,852$13,504,436$9,074,958$36,178,747
99$52,423,214$14,070,414$9,283,230$39,455,242
100$57,671,627$14,661,109$9,495,463$43,050,289