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

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 $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%19.5%
1 years$503,732$499,245$494,868$490,595$486,423$467,862
2 years$249,372$244,728$240,227$235,863$231,630$213,149
3 years$164,597$159,933$155,443$151,120$146,955$129,136
4 years$122,217$117,567$113,123$108,873$104,810$87,787
5 years$96,796$92,174$87,788$83,625$79,675$63,493
6 years$79,855$75,267$70,946$66,876$63,044$47,713
7 years$67,758$63,209$58,956$54,982$51,272$36,788
8 years$58,690$54,182$49,999$46,123$42,535$28,884
9 years$51,640$47,175$43,064$39,287$35,820$22,984
10 years$46,004$41,583$37,545$33,866$30,521$18,474
11 years$41,396$37,019$33,054$29,473$26,249$14,965
12 years$37,558$33,226$29,334$25,852$22,747$12,196
13 years$34,313$30,026$26,208$22,823$19,836$9,988
14 years$31,535$27,293$23,548$20,260$17,388$8,212
15 years$29,129$24,933$21,261$18,068$15,310$6,772
16 years$27,025$22,875$19,276$16,178$13,531$5,599
17 years$25,171$21,067$17,540$14,536$11,997$4,639
18 years$23,525$19,467$16,012$13,100$10,667$3,850
19 years$22,054$18,042$14,658$11,837$9,508$3,200
20 years$20,732$16,766$13,453$10,721$8,493$2,662
21 years$19,537$15,616$12,374$9,730$7,600$2,217
22 years$18,452$14,577$11,405$8,846$6,812$1,848
23 years$17,463$13,634$10,530$8,057$6,115$1,542
24 years$16,558$12,774$9,739$7,348$5,496$1,286
25 years$15,727$11,988$9,020$6,711$4,946$1,074
26 years$14,960$11,267$8,365$6,136$4,455$897
27 years$14,252$10,603$7,768$5,616$4,017$750
28 years$13,596$9,991$7,221$5,146$3,624$626
29 years$12,985$9,426$6,720$4,719$3,273$524
30 years$12,417$8,902$6,260$4,331$2,957$438
31 years$11,886$8,415$5,836$3,977$2,673$366
32 years$11,390$7,962$5,445$3,655$2,418$306
33 years$10,924$7,540$5,084$3,361$2,189$256
34 years$10,487$7,147$4,750$3,093$1,982$214
35 years$10,076$6,778$4,441$2,847$1,795$179
36 years$9,688$6,434$4,154$2,622$1,626$150
37 years$9,322$6,111$3,888$2,416$1,474$125
38 years$8,977$5,807$3,641$2,227$1,336$105
39 years$8,650$5,522$3,412$2,053$1,212$88
40 years$8,340$5,254$3,198$1,894$1,099$73
41 years$8,046$5,001$2,998$1,747$997$61
42 years$7,766$4,763$2,813$1,613$905$51
43 years$7,501$4,538$2,639$1,489$821$43
44 years$7,248$4,326$2,477$1,374$745$36
45 years$7,007$4,125$2,326$1,269$677$30
46 years$6,777$3,935$2,185$1,172$614$25
47 years$6,558$3,755$2,053$1,083$558$21
48 years$6,348$3,585$1,929$1,001$507$18
49 years$6,148$3,423$1,813$925$460$15
50 years$5,956$3,270$1,704$855$418$12

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 $3,203 every year, while hoping to spend $53,845 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: 43/34/23 Blend
74$6,100,000$6,100,000$6,100,000$6,100,000
75$6,725,504$6,402,204$6,307,654$6,969,493
76$7,354,215$6,658,621$6,461,670$7,399,612
77$8,045,249$6,925,798$6,619,040$7,859,888
78$8,804,908$7,204,206$6,779,821$8,357,502
79$9,640,131$7,494,335$6,944,068$8,895,932
80$10,558,567$7,796,700$7,111,837$9,478,998
81$11,568,641$8,111,837$7,283,183$10,110,897
82$12,679,634$8,440,309$7,458,162$10,796,242
83$13,901,775$8,782,703$7,636,828$11,540,102
84$15,246,332$9,139,631$7,819,238$12,348,049
85$16,725,721$9,511,736$8,005,446$13,226,208
86$18,353,622$9,899,689$8,195,506$14,181,313
87$20,145,108$10,304,190$8,389,472$15,220,771
88$22,116,787$10,725,974$8,587,397$16,352,725
89$24,286,960$11,165,807$8,789,335$17,586,134
90$26,675,789$11,624,490$8,995,337$18,930,850
91$29,305,492$12,102,863$9,205,454$20,397,714
92$32,200,552$12,601,803$9,419,736$21,998,651
93$35,387,944$13,122,227$9,638,233$23,746,783
94$38,897,392$13,665,094$9,860,992$25,656,548
95$42,761,650$14,231,408$10,088,059$27,743,837
96$47,016,809$14,822,218$10,319,480$30,026,137
97$51,702,639$15,438,621$10,555,297$32,522,695
98$56,862,962$16,081,768$10,795,554$35,254,696
99$62,546,067$16,752,858$11,040,288$38,245,462
100$68,805,167$17,453,148$11,289,538$41,520,664