Can I retire at age 75 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$478,959$474,692$470,530$466,467$462,500$456,532
2 years$237,108$232,692$228,413$224,263$220,238$214,233
3 years$156,502$152,067$147,798$143,688$139,728$133,874
4 years$116,207$111,785$107,559$103,519$99,655$93,997
5 years$92,036$87,641$83,470$79,512$75,756$70,310
6 years$75,927$71,566$67,456$63,587$59,943$54,715
7 years$64,426$60,101$56,057$52,278$48,750$43,743
8 years$55,803$51,517$47,540$43,855$40,443$35,655
9 years$49,101$44,855$40,947$37,355$34,059$29,489
10 years$43,742$39,538$35,698$32,200$29,020$24,665
11 years$39,360$35,198$31,428$28,024$24,958$20,814
12 years$35,711$31,592$27,892$24,580$21,628$17,690
13 years$32,626$28,550$24,919$21,701$18,860$15,123
14 years$29,984$25,951$22,390$19,264$16,533$12,991
15 years$27,696$23,707$20,215$17,180$14,557$11,204
16 years$25,696$21,750$18,328$15,383$12,865$9,696
17 years$23,933$20,031$16,678$13,821$11,407$8,415
18 years$22,368$18,510$15,225$12,456$10,143$7,321
19 years$20,970$17,155$13,938$11,255$9,040$6,382
20 years$19,712$15,941$12,791$10,193$8,075$5,574
21 years$18,576$14,848$11,765$9,251$7,226$4,876
22 years$17,545$13,860$10,844$8,411$6,477$4,271
23 years$16,605$12,963$10,012$7,660$5,814$3,745
24 years$15,744$12,146$9,260$6,987$5,226$3,288
25 years$14,953$11,398$8,576$6,381$4,703$2,888
26 years$14,225$10,713$7,954$5,834$4,236$2,540
27 years$13,551$10,082$7,386$5,340$3,819$2,235
28 years$12,927$9,500$6,866$4,893$3,446$1,967
29 years$12,347$8,962$6,390$4,487$3,112$1,733
30 years$11,806$8,464$5,952$4,118$2,812$1,527
31 years$11,302$8,001$5,549$3,782$2,542$1,346
32 years$10,830$7,571$5,177$3,476$2,299$1,187
33 years$10,387$7,170$4,834$3,196$2,081$1,047
34 years$9,971$6,795$4,516$2,941$1,884$924
35 years$9,580$6,445$4,222$2,707$1,706$816
36 years$9,212$6,117$3,950$2,493$1,546$720
37 years$8,864$5,810$3,697$2,297$1,401$636
38 years$8,535$5,522$3,462$2,117$1,270$561
39 years$8,224$5,250$3,244$1,952$1,152$496
40 years$7,930$4,995$3,040$1,801$1,045$438
41 years$7,650$4,755$2,851$1,661$948$387
42 years$7,384$4,529$2,674$1,533$860$342
43 years$7,132$4,315$2,509$1,415$781$302
44 years$6,891$4,113$2,355$1,307$709$267
45 years$6,662$3,922$2,212$1,207$643$236
46 years$6,444$3,742$2,077$1,115$584$208
47 years$6,235$3,571$1,952$1,030$530$184
48 years$6,036$3,409$1,834$952$482$163
49 years$5,845$3,255$1,724$880$437$144
50 years$5,663$3,109$1,621$813$397$127

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,800,000, adding $2,160 every year, while hoping to spend $26,332 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: 54/27/19 Blend
74$5,800,000$5,800,000$5,800,000$5,800,000
75$6,393,828$6,086,428$5,996,528$6,706,040
76$7,017,981$6,356,646$6,169,395$7,190,199
77$7,704,916$6,639,222$6,347,170$7,713,988
78$8,461,007$6,934,734$6,529,990$8,283,589
79$9,293,281$7,243,787$6,717,996$8,903,379
80$10,209,479$7,567,015$6,911,331$9,578,174
81$11,218,129$7,905,082$7,110,144$10,313,267
82$12,328,631$8,258,684$7,314,587$11,114,477
83$13,551,341$8,628,549$7,524,815$11,988,206
84$14,897,671$9,015,441$7,740,990$12,941,490
85$16,380,195$9,420,160$7,963,275$13,982,073
86$18,012,771$9,843,544$8,191,840$15,118,470
87$19,810,665$10,286,469$8,426,859$16,360,050
88$21,790,704$10,749,857$8,668,509$17,717,121
89$23,971,426$11,234,670$8,916,975$19,201,025
90$26,373,261$11,741,919$9,172,443$20,824,240
91$29,018,721$12,272,660$9,435,107$22,600,502
92$31,932,612$12,828,002$9,705,165$24,544,925
93$35,142,270$13,409,106$9,982,820$26,674,144
94$38,677,819$14,017,189$10,268,281$29,006,472
95$42,572,451$14,653,526$10,561,763$31,562,064
96$46,862,745$15,319,452$10,863,486$34,363,109
97$51,589,007$16,016,368$11,173,675$37,434,034
98$56,795,656$16,745,740$11,492,564$40,801,732
99$62,531,637$17,509,105$11,820,388$44,495,811
100$68,850,887$18,308,074$12,157,394$48,548,872