Can I retire at age 75 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$503,732$499,245$494,868$490,595$486,423$481,143
2 years$249,372$244,728$240,227$235,863$231,630$226,314
3 years$164,597$159,933$155,443$151,120$146,955$141,768
4 years$122,217$117,567$113,123$108,873$104,810$99,791
5 years$96,796$92,174$87,788$83,625$79,675$74,839
6 years$79,855$75,267$70,946$66,876$63,044$58,398
7 years$67,758$63,209$58,956$54,982$51,272$46,817
8 years$58,690$54,182$49,999$46,123$42,535$38,271
9 years$51,640$47,175$43,064$39,287$35,820$31,746
10 years$46,004$41,583$37,545$33,866$30,521$26,633
11 years$41,396$37,019$33,054$29,473$26,249$22,544
12 years$37,558$33,226$29,334$25,852$22,747$19,222
13 years$34,313$30,026$26,208$22,823$19,836$16,486
14 years$31,535$27,293$23,548$20,260$17,388$14,209
15 years$29,129$24,933$21,261$18,068$15,310$12,296
16 years$27,025$22,875$19,276$16,178$13,531$10,678
17 years$25,171$21,067$17,540$14,536$11,997$9,300
18 years$23,525$19,467$16,012$13,100$10,667$8,120
19 years$22,054$18,042$14,658$11,837$9,508$7,105
20 years$20,732$16,766$13,453$10,721$8,493$6,228
21 years$19,537$15,616$12,374$9,730$7,600$5,468
22 years$18,452$14,577$11,405$8,846$6,812$4,808
23 years$17,463$13,634$10,530$8,057$6,115$4,232
24 years$16,558$12,774$9,739$7,348$5,496$3,729
25 years$15,727$11,988$9,020$6,711$4,946$3,290
26 years$14,960$11,267$8,365$6,136$4,455$2,904
27 years$14,252$10,603$7,768$5,616$4,017$2,565
28 years$13,596$9,991$7,221$5,146$3,624$2,267
29 years$12,985$9,426$6,720$4,719$3,273$2,005
30 years$12,417$8,902$6,260$4,331$2,957$1,774
31 years$11,886$8,415$5,836$3,977$2,673$1,571
32 years$11,390$7,962$5,445$3,655$2,418$1,391
33 years$10,924$7,540$5,084$3,361$2,189$1,232
34 years$10,487$7,147$4,750$3,093$1,982$1,092
35 years$10,076$6,778$4,441$2,847$1,795$968
36 years$9,688$6,434$4,154$2,622$1,626$858
37 years$9,322$6,111$3,888$2,416$1,474$761
38 years$8,977$5,807$3,641$2,227$1,336$675
39 years$8,650$5,522$3,412$2,053$1,212$598
40 years$8,340$5,254$3,198$1,894$1,099$531
41 years$8,046$5,001$2,998$1,747$997$471
42 years$7,766$4,763$2,813$1,613$905$418
43 years$7,501$4,538$2,639$1,489$821$371
44 years$7,248$4,326$2,477$1,374$745$329
45 years$7,007$4,125$2,326$1,269$677$292
46 years$6,777$3,935$2,185$1,172$614$259
47 years$6,558$3,755$2,053$1,083$558$230
48 years$6,348$3,585$1,929$1,001$507$204
49 years$6,148$3,423$1,813$925$460$181
50 years$5,956$3,270$1,704$855$418$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $6,100,000, adding $3,401 every year, while hoping to spend $28,934 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: 43/40/17 Blend
74$6,100,000$6,100,000$6,100,000$6,100,000
75$6,725,708$6,402,408$6,307,858$6,981,511
76$7,380,945$6,685,341$6,488,386$7,444,809
77$8,102,046$6,981,167$6,673,991$7,943,316
78$8,895,699$7,290,489$6,864,815$8,482,784
79$9,769,273$7,613,935$7,060,998$9,066,994
80$10,730,887$7,952,166$7,262,690$9,700,096
81$11,789,488$8,305,873$7,470,041$10,386,646
82$12,954,934$8,675,779$7,683,205$11,131,647
83$14,238,087$9,062,642$7,902,343$11,940,592
84$15,650,917$9,467,256$8,127,616$12,819,514
85$17,206,613$9,890,454$8,359,194$13,775,043
86$18,919,708$10,333,107$8,597,247$14,814,461
87$20,806,216$10,796,127$8,841,953$15,945,770
88$22,883,784$11,280,471$9,093,492$17,177,765
89$25,171,857$11,787,141$9,352,051$18,520,115
90$27,691,862$12,317,187$9,617,820$19,983,447
91$30,467,410$12,871,708$9,890,996$21,579,444
92$33,524,521$13,451,856$10,171,779$23,320,955
93$36,891,863$14,058,838$10,460,375$25,222,109
94$40,601,032$14,693,920$10,756,996$27,298,445
95$44,686,841$15,358,426$11,061,859$29,567,053
96$49,187,655$16,053,745$11,375,188$32,046,736
97$54,145,748$16,781,331$11,697,209$34,758,175
98$59,607,707$17,542,709$12,028,158$37,724,128
99$65,624,867$18,339,475$12,368,275$40,969,632
100$72,253,799$19,173,305$12,717,808$44,522,240