Can I retire at age 75 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$470,701$466,508$462,417$458,425$454,526$449,219
2 years$233,020$228,680$224,474$220,396$216,441$211,099
3 years$153,804$149,445$145,250$141,210$137,319$132,108
4 years$114,203$109,858$105,705$101,734$97,937$92,898
5 years$90,449$86,130$82,031$78,141$74,450$69,597
6 years$74,618$70,332$66,293$62,490$58,910$54,248
7 years$63,315$59,064$55,090$51,377$47,910$43,442
8 years$54,841$50,629$46,721$43,099$39,746$35,471
9 years$48,254$44,082$40,241$36,711$33,472$29,389
10 years$42,987$38,856$35,083$31,645$28,519$24,626
11 years$38,681$34,591$30,886$27,540$24,528$20,819
12 years$35,095$31,047$27,411$24,157$21,255$17,729
13 years$32,063$28,058$24,490$21,327$18,535$15,186
14 years$29,467$25,504$22,004$18,931$16,248$13,071
15 years$27,218$23,298$19,867$16,884$14,306$11,296
16 years$25,253$21,375$18,012$15,117$12,643$9,796
17 years$23,521$19,686$16,390$13,583$11,210$8,520
18 years$21,983$18,191$14,962$12,241$9,968$7,428
19 years$20,608$16,859$13,697$11,061$8,885$6,490
20 years$19,372$15,666$12,571$10,018$7,936$5,681
21 years$18,256$14,592$11,563$9,092$7,102$4,980
22 years$17,242$13,621$10,657$8,266$6,366$4,372
23 years$16,318$12,740$9,840$7,528$5,714$3,843
24 years$15,472$11,936$9,100$6,866$5,136$3,381
25 years$14,695$11,202$8,428$6,271$4,622$2,978
26 years$13,979$10,528$7,817$5,734$4,163$2,624
27 years$13,318$9,908$7,259$5,248$3,753$2,315
28 years$12,704$9,336$6,748$4,808$3,387$2,043
29 years$12,134$8,808$6,279$4,409$3,058$1,804
30 years$11,603$8,318$5,849$4,047$2,763$1,593
31 years$11,107$7,863$5,453$3,717$2,498$1,408
32 years$10,643$7,440$5,088$3,416$2,260$1,245
33 years$10,208$7,046$4,750$3,141$2,045$1,101
34 years$9,799$6,678$4,438$2,890$1,852$974
35 years$9,415$6,334$4,150$2,660$1,677$862
36 years$9,053$6,012$3,882$2,450$1,520$763
37 years$8,711$5,710$3,633$2,257$1,377$675
38 years$8,388$5,426$3,403$2,081$1,249$598
39 years$8,082$5,160$3,188$1,919$1,132$529
40 years$7,793$4,909$2,988$1,770$1,027$469
41 years$7,518$4,673$2,802$1,633$932$415
42 years$7,257$4,451$2,628$1,507$845$368
43 years$7,009$4,241$2,466$1,391$767$326
44 years$6,772$4,042$2,315$1,284$696$289
45 years$6,547$3,855$2,174$1,186$632$256
46 years$6,333$3,677$2,042$1,096$574$227
47 years$6,128$3,509$1,918$1,012$521$201
48 years$5,932$3,350$1,802$935$473$178
49 years$5,744$3,199$1,694$864$430$158
50 years$5,565$3,056$1,593$799$391$140

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,700,000, adding $5,843 every year, while hoping to spend $24,729 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: 74/19/7 Blend
74$5,700,000$5,700,000$5,700,000$5,700,000
75$6,287,427$5,985,327$5,896,977$6,746,298
76$6,902,433$6,252,297$6,068,214$7,316,239
77$7,579,341$6,531,519$6,244,359$7,936,711
78$8,324,439$6,823,568$6,425,550$8,615,714
79$9,144,654$7,129,046$6,611,929$9,359,029
80$10,047,622$7,448,582$6,803,642$10,173,017
81$11,041,755$7,782,838$7,000,839$11,064,681
82$12,136,321$8,132,504$7,203,674$12,041,728
83$13,341,535$8,498,306$7,412,306$13,112,644
84$14,668,651$8,881,002$7,626,898$14,286,770
85$16,130,070$9,281,388$7,847,616$15,574,389
86$17,739,458$9,700,297$8,074,632$16,986,825
87$19,511,874$10,138,603$8,308,123$18,536,544
88$21,463,910$10,597,220$8,548,271$20,237,272
89$23,613,852$11,077,106$8,795,260$22,104,126
90$25,981,847$11,579,267$9,049,284$24,153,750
91$28,590,099$12,104,754$9,310,538$26,404,474
92$31,463,072$12,654,670$9,579,224$28,876,483
93$34,627,727$13,230,171$9,855,550$31,592,008
94$38,113,773$13,832,467$10,139,729$34,575,534
95$41,953,947$14,462,827$10,431,979$37,854,025
96$46,184,325$15,122,581$10,732,525$41,457,182
97$50,844,660$15,813,121$11,041,599$45,417,718
98$55,978,759$16,535,908$11,359,437$49,771,665
99$61,634,897$17,292,472$11,686,282$54,558,712
100$67,866,270$18,084,417$12,022,386$59,822,577