Can I retire at age 75 with 5,900,000?

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 $5,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$487,216$482,877$478,642$474,510$470,474$456,145
2 years$241,196$236,704$232,351$228,130$224,035$209,722
3 years$159,200$154,689$150,346$146,165$142,137$128,288
4 years$118,210$113,713$109,414$105,304$101,373$88,095
5 years$93,623$89,152$84,909$80,883$77,063$64,391
6 years$77,236$72,799$68,619$64,683$60,977$48,923
7 years$65,536$61,137$57,023$53,179$49,591$38,154
8 years$56,765$52,406$48,360$44,611$41,140$30,314
9 years$49,947$45,628$41,653$37,999$34,646$24,418
10 years$44,496$40,219$36,314$32,755$29,520$19,876
11 years$40,038$35,805$31,970$28,507$25,388$16,311
12 years$36,327$32,136$28,373$25,004$22,001$13,471
13 years$33,188$29,042$25,349$22,075$19,185$11,184
14 years$30,501$26,398$22,776$19,596$16,818$9,324
15 years$28,174$24,115$20,564$17,476$14,808$7,799
16 years$26,139$22,125$18,644$15,648$13,087$6,543
17 years$24,346$20,377$16,965$14,059$11,604$5,501
18 years$22,754$18,829$15,487$12,670$10,318$4,634
19 years$21,331$17,450$14,178$11,449$9,196$3,910
20 years$20,052$16,216$13,012$10,369$8,214$3,304
21 years$18,897$15,104$11,968$9,411$7,351$2,794
22 years$17,847$14,099$11,031$8,556$6,589$2,366
23 years$16,891$13,187$10,185$7,792$5,915$2,005
24 years$16,015$12,355$9,419$7,107$5,316$1,700
25 years$15,211$11,595$8,724$6,491$4,784$1,442
26 years$14,470$10,897$8,091$5,935$4,309$1,224
27 years$13,785$10,256$7,513$5,432$3,885$1,039
28 years$13,150$9,664$6,985$4,977$3,506$883
29 years$12,560$9,117$6,500$4,564$3,165$750
30 years$12,010$8,610$6,054$4,189$2,860$637
31 years$11,497$8,139$5,644$3,847$2,586$542
32 years$11,016$7,701$5,266$3,535$2,339$461
33 years$10,566$7,293$4,917$3,251$2,117$392
34 years$10,143$6,912$4,594$2,991$1,917$333
35 years$9,745$6,556$4,295$2,754$1,736$283
36 years$9,371$6,223$4,018$2,536$1,573$241
37 years$9,017$5,910$3,761$2,337$1,426$205
38 years$8,682$5,617$3,522$2,154$1,292$174
39 years$8,366$5,341$3,300$1,986$1,172$148
40 years$8,066$5,082$3,093$1,832$1,063$126
41 years$7,782$4,837$2,900$1,690$964$107
42 years$7,512$4,607$2,720$1,560$875$91
43 years$7,255$4,389$2,553$1,440$794$78
44 years$7,010$4,184$2,396$1,329$721$66
45 years$6,777$3,990$2,250$1,228$654$56
46 years$6,555$3,806$2,113$1,134$594$48
47 years$6,343$3,632$1,985$1,048$540$41
48 years$6,140$3,467$1,866$968$490$35
49 years$5,946$3,311$1,754$895$445$30
50 years$5,760$3,163$1,649$827$404$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,900,000, adding $5,252 every year, while hoping to spend $51,943 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: 70/15/15 Blend
74$5,900,000$5,900,000$5,900,000$5,900,000
75$6,507,217$6,194,517$6,103,067$6,940,049
76$7,115,687$6,442,782$6,252,253$7,476,698
77$7,784,479$6,701,470$6,404,696$8,057,087
78$8,519,692$6,971,039$6,560,450$8,690,943
79$9,328,045$7,251,964$6,719,569$9,383,533
80$10,216,939$7,544,743$6,882,108$10,140,652
81$11,194,529$7,849,898$7,048,121$10,968,683
82$12,269,801$8,167,973$7,217,663$11,874,650
83$13,452,653$8,499,536$7,390,787$12,866,288
84$14,753,993$8,845,183$7,567,548$13,952,113
85$16,185,839$9,205,536$7,747,999$15,141,502
86$17,761,432$9,581,244$7,932,194$16,444,779
87$19,495,361$9,972,988$8,120,186$17,873,315
88$21,403,702$10,381,479$8,312,027$19,439,631
89$23,504,168$10,807,460$8,507,768$21,157,515
90$25,816,277$11,251,709$8,707,462$23,042,154
91$28,361,533$11,715,038$8,911,157$25,110,272
92$31,163,632$12,198,299$9,118,904$27,380,291
93$34,248,687$12,702,379$9,330,752$29,872,501
94$37,645,468$13,228,210$9,546,747$32,609,249
95$41,385,678$13,776,765$9,766,935$35,615,151
96$45,504,250$14,349,060$9,991,361$38,917,323
97$50,039,681$14,946,161$10,220,068$42,545,635
98$55,034,386$15,569,180$10,453,098$46,532,987
99$60,535,106$16,219,284$10,690,490$50,915,627
100$66,593,348$16,897,689$10,932,282$55,733,483