Can I retire at age 75 with 2,260,000?

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$186,629$184,966$183,344$181,761$180,216$176,217
2 years$92,390$90,670$89,002$87,385$85,817$81,809
3 years$60,982$59,254$57,590$55,989$54,446$50,554
4 years$45,281$43,558$41,911$40,337$38,831$35,085
5 years$35,862$34,150$32,525$30,982$29,519$25,930
6 years$29,585$27,886$26,285$24,777$23,357$19,928
7 years$25,104$23,419$21,843$20,370$18,996$15,728
8 years$21,744$20,074$18,524$17,088$15,759$12,650
9 years$19,132$17,478$15,955$14,555$13,271$10,320
10 years$17,044$15,406$13,910$12,547$11,308$8,511
11 years$15,337$13,715$12,246$10,920$9,725$7,079
12 years$13,915$12,310$10,868$9,578$8,427$5,928
13 years$12,713$11,125$9,710$8,456$7,349$4,991
14 years$11,683$10,112$8,724$7,506$6,442$4,222
15 years$10,792$9,237$7,877$6,694$5,672$3,584
16 years$10,013$8,475$7,142$5,994$5,013$3,052
17 years$9,326$7,805$6,499$5,385$4,445$2,605
18 years$8,716$7,212$5,932$4,853$3,952$2,229
19 years$8,171$6,684$5,431$4,385$3,523$1,911
20 years$7,681$6,211$4,984$3,972$3,146$1,640
21 years$7,238$5,786$4,584$3,605$2,816$1,410
22 years$6,836$5,401$4,225$3,278$2,524$1,213
23 years$6,470$5,051$3,901$2,985$2,266$1,045
24 years$6,135$4,733$3,608$2,722$2,036$901
25 years$5,827$4,441$3,342$2,486$1,832$777
26 years$5,543$4,174$3,099$2,273$1,651$671
27 years$5,280$3,928$2,878$2,081$1,488$580
28 years$5,037$3,702$2,675$1,906$1,343$501
29 years$4,811$3,492$2,490$1,748$1,213$433
30 years$4,600$3,298$2,319$1,604$1,096$374
31 years$4,404$3,118$2,162$1,474$991$324
32 years$4,220$2,950$2,017$1,354$896$280
33 years$4,047$2,794$1,883$1,245$811$242
34 years$3,885$2,648$1,760$1,146$734$210
35 years$3,733$2,511$1,645$1,055$665$182
36 years$3,589$2,384$1,539$971$602$157
37 years$3,454$2,264$1,441$895$546$136
38 years$3,326$2,152$1,349$825$495$118
39 years$3,205$2,046$1,264$761$449$102
40 years$3,090$1,946$1,185$702$407$88
41 years$2,981$1,853$1,111$647$369$77
42 years$2,877$1,765$1,042$597$335$66
43 years$2,779$1,681$978$551$304$57
44 years$2,685$1,603$918$509$276$50
45 years$2,596$1,528$862$470$251$43
46 years$2,511$1,458$809$434$228$37
47 years$2,430$1,391$760$401$207$32
48 years$2,352$1,328$715$371$188$28
49 years$2,278$1,268$672$343$170$24
50 years$2,207$1,212$631$317$155$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,260,000, adding $3,063 every year, while hoping to spend $45,548 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: 41/35/24 Blend
74$2,260,000$2,260,000$2,260,000$2,260,000
75$2,493,679$2,373,899$2,338,869$2,578,193
76$2,699,572$2,441,758$2,368,759$2,707,006
77$2,924,939$2,511,415$2,398,123$2,841,792
78$3,171,719$2,582,910$2,426,896$2,986,784
79$3,442,046$2,656,284$2,455,009$3,142,945
80$3,738,271$2,731,579$2,482,388$3,311,333
81$4,062,983$2,808,834$2,508,956$3,493,114
82$4,419,033$2,888,093$2,534,632$3,689,572
83$4,809,561$2,969,396$2,559,329$3,902,120
84$5,238,026$3,052,786$2,582,956$4,132,314
85$5,708,238$3,138,306$2,605,419$4,381,866
86$6,224,394$3,225,999$2,626,616$4,652,665
87$6,791,116$3,315,906$2,646,441$4,946,788
88$7,413,496$3,408,072$2,664,783$5,266,524
89$8,097,144$3,502,539$2,681,525$5,614,395
90$8,848,240$3,599,351$2,696,543$5,993,177
91$9,673,591$3,698,550$2,709,708$6,405,931
92$10,580,697$3,800,178$2,720,883$6,856,028
93$11,577,820$3,904,279$2,729,924$7,347,179
94$12,674,063$4,010,894$2,736,683$7,883,477
95$13,879,456$4,120,066$2,740,999$8,469,429
96$15,205,046$4,231,835$2,742,709$9,110,002
97$16,663,008$4,346,242$2,741,637$9,810,668
98$18,266,754$4,463,328$2,737,601$10,577,455
99$20,031,062$4,583,130$2,730,410$11,417,009
100$21,972,214$4,705,687$2,719,862$12,336,650