Can I retire at age 75 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$437,669$433,771$429,967$426,254$422,629$417,868
2 years$216,668$212,633$208,722$204,930$201,252$196,459
3 years$143,010$138,958$135,057$131,301$127,683$123,006
4 years$106,189$102,149$98,287$94,595$91,064$86,541
5 years$84,102$80,086$76,275$72,658$69,226$64,868
6 years$69,382$65,396$61,641$58,105$54,776$50,590
7 years$58,872$54,920$51,224$47,771$44,547$40,535
8 years$50,993$47,076$43,442$40,074$36,956$33,116
9 years$44,868$40,988$37,417$34,134$31,123$27,454
10 years$39,971$36,129$32,621$29,424$26,518$23,018
11 years$35,967$32,164$28,719$25,608$22,806$19,473
12 years$32,632$28,868$25,487$22,461$19,764$16,592
13 years$29,813$26,089$22,771$19,830$17,234$14,221
14 years$27,399$23,714$20,460$17,603$15,107$12,249
15 years$25,308$21,663$18,473$15,699$13,302$10,593
16 years$23,481$19,875$16,748$14,057$11,756$9,193
17 years$21,870$18,304$15,240$12,630$10,424$8,001
18 years$20,440$16,914$13,912$11,382$9,268$6,980
19 years$19,162$15,676$12,736$10,285$8,261$6,103
20 years$18,013$14,567$11,688$9,315$7,379$5,346
21 years$16,975$13,568$10,751$8,454$6,603$4,691
22 years$16,032$12,666$9,909$7,686$5,919$4,121
23 years$15,173$11,846$9,149$7,000$5,313$3,625
24 years$14,387$11,099$8,461$6,384$4,776$3,192
25 years$13,664$10,416$7,837$5,831$4,297$2,813
26 years$12,998$9,789$7,268$5,331$3,871$2,481
27 years$12,383$9,213$6,749$4,880$3,490$2,190
28 years$11,813$8,681$6,274$4,471$3,149$1,934
29 years$11,282$8,190$5,839$4,100$2,843$1,709
30 years$10,789$7,734$5,439$3,763$2,569$1,511
31 years$10,327$7,311$5,070$3,456$2,323$1,337
32 years$9,896$6,918$4,731$3,176$2,101$1,183
33 years$9,492$6,551$4,417$2,921$1,902$1,047
34 years$9,112$6,209$4,127$2,687$1,722$927
35 years$8,754$5,889$3,858$2,474$1,559$821
36 years$8,418$5,590$3,610$2,278$1,413$727
37 years$8,100$5,309$3,378$2,099$1,281$644
38 years$7,800$5,046$3,164$1,935$1,161$571
39 years$7,515$4,798$2,964$1,784$1,053$506
40 years$7,246$4,565$2,778$1,645$955$448
41 years$6,990$4,345$2,605$1,518$866$397
42 years$6,748$4,138$2,444$1,401$786$352
43 years$6,517$3,943$2,293$1,293$713$312
44 years$6,297$3,758$2,152$1,194$648$277
45 years$6,088$3,584$2,021$1,103$588$246
46 years$5,888$3,419$1,898$1,019$534$218
47 years$5,698$3,263$1,783$941$485$193
48 years$5,515$3,115$1,676$870$440$171
49 years$5,341$2,974$1,575$804$400$152
50 years$5,175$2,841$1,481$743$363$135

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,300,000, adding $4,705 every year, while hoping to spend $51,208 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: 52/39/9 Blend
74$5,300,000$5,300,000$5,300,000$5,300,000
75$5,845,453$5,564,553$5,482,403$6,135,774
76$6,387,205$5,782,731$5,611,579$6,551,953
77$6,982,498$6,009,884$5,743,365$6,998,398
78$7,636,741$6,246,397$5,877,797$7,482,702
79$8,355,891$6,492,673$6,014,905$8,008,448
80$9,146,511$6,749,132$6,154,723$8,579,572
81$10,015,831$7,016,216$6,297,282$9,200,400
82$10,971,817$7,294,382$6,442,613$9,875,687
83$12,023,247$7,584,111$6,590,745$10,610,664
84$13,179,790$7,885,904$6,741,707$11,411,078
85$14,452,101$8,200,286$6,895,526$12,283,252
86$15,851,919$8,527,803$7,052,230$13,234,141
87$17,392,178$8,869,029$7,211,843$14,271,392
88$19,087,129$9,224,560$7,374,388$15,403,419
89$20,952,475$9,595,023$7,539,889$16,639,478
90$23,005,518$9,981,069$7,708,366$17,989,753
91$25,265,322$10,383,383$7,879,837$19,465,450
92$27,752,893$10,802,676$8,054,320$21,078,900
93$30,491,377$11,239,696$8,231,829$22,843,673
94$33,506,279$11,695,223$8,412,376$24,774,705
95$36,825,701$12,170,071$8,595,973$26,888,434
96$40,480,610$12,665,092$8,782,626$29,202,956
97$44,505,129$13,181,178$8,972,340$31,738,188
98$48,936,857$13,719,261$9,165,118$34,516,059
99$53,817,226$14,280,314$9,360,959$37,560,710
100$59,191,890$14,865,356$9,559,858$40,898,717