Can I retire at age 75 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$207,273$205,427$203,626$201,868$200,151$196,110
2 years$102,611$100,700$98,848$97,052$95,310$91,256
3 years$67,728$65,808$63,961$62,182$60,469$56,529
4 years$50,289$48,376$46,547$44,799$43,127$39,331
5 years$39,829$37,927$36,122$34,410$32,784$29,144
6 years$32,858$30,971$29,192$27,518$25,941$22,460
7 years$27,881$26,009$24,259$22,624$21,097$17,775
8 years$24,149$22,295$20,574$18,979$17,502$14,339
9 years$21,249$19,411$17,720$16,166$14,739$11,733
10 years$18,930$17,110$15,449$13,935$12,559$9,706
11 years$17,033$15,232$13,601$12,127$10,801$8,099
12 years$15,454$13,672$12,070$10,637$9,360$6,804
13 years$14,119$12,355$10,784$9,391$8,162$5,748
14 years$12,976$11,230$9,690$8,337$7,155$4,878
15 years$11,986$10,259$8,748$7,435$6,300$4,156
16 years$11,120$9,413$7,932$6,657$5,568$3,551
17 years$10,357$8,669$7,217$5,981$4,937$3,043
18 years$9,680$8,010$6,589$5,390$4,389$2,613
19 years$9,075$7,424$6,032$4,871$3,912$2,248
20 years$8,531$6,899$5,535$4,411$3,495$1,937
21 years$8,039$6,426$5,092$4,003$3,127$1,672
22 years$7,593$5,998$4,693$3,640$2,803$1,444
23 years$7,186$5,610$4,333$3,315$2,516$1,249
24 years$6,813$5,256$4,007$3,024$2,262$1,081
25 years$6,471$4,933$3,711$2,761$2,035$936
26 years$6,156$4,636$3,442$2,525$1,833$811
27 years$5,864$4,363$3,196$2,311$1,653$704
28 years$5,594$4,111$2,971$2,117$1,491$611
29 years$5,343$3,878$2,765$1,942$1,347$530
30 years$5,109$3,663$2,576$1,782$1,217$460
31 years$4,891$3,463$2,401$1,637$1,100$400
32 years$4,687$3,276$2,240$1,504$995$347
33 years$4,495$3,103$2,092$1,383$901$302
34 years$4,315$2,941$1,954$1,273$815$262
35 years$4,146$2,789$1,827$1,171$738$228
36 years$3,986$2,647$1,709$1,079$669$198
37 years$3,836$2,514$1,600$994$606$172
38 years$3,694$2,390$1,498$916$550$150
39 years$3,559$2,272$1,404$845$499$130
40 years$3,432$2,162$1,316$779$452$113
41 years$3,311$2,058$1,234$719$410$99
42 years$3,196$1,960$1,157$664$372$86
43 years$3,086$1,867$1,086$612$338$75
44 years$2,982$1,780$1,019$566$307$65
45 years$2,883$1,697$957$522$278$57
46 years$2,789$1,619$899$482$253$49
47 years$2,698$1,545$845$446$230$43
48 years$2,612$1,475$794$412$208$37
49 years$2,530$1,409$746$381$189$32
50 years$2,451$1,346$701$352$172$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,510,000, adding $4,054 every year, while hoping to spend $46,162 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: 63/28/9 Blend
74$2,510,000$2,510,000$2,510,000$2,510,000
75$2,770,202$2,637,172$2,598,267$2,939,169
76$3,003,646$2,717,277$2,636,193$3,132,614
77$3,259,355$2,799,761$2,673,842$3,337,996
78$3,539,550$2,884,690$2,711,157$3,561,070
79$3,846,679$2,972,134$2,748,075$3,803,549
80$4,183,437$3,062,166$2,784,532$4,067,319
81$4,552,793$3,154,857$2,820,459$4,354,457
82$4,958,016$3,250,284$2,855,783$4,667,248
83$5,402,709$3,348,523$2,890,427$5,008,209
84$5,890,838$3,449,653$2,924,309$5,380,108
85$6,426,774$3,553,756$2,957,344$5,785,997
86$7,015,329$3,660,914$2,989,439$6,229,233
87$7,661,807$3,771,214$3,020,500$6,713,515
88$8,372,051$3,884,742$3,050,426$7,242,913
89$9,152,494$4,001,589$3,079,109$7,821,914
90$10,010,227$4,121,845$3,106,437$8,455,455
91$10,953,060$4,245,605$3,132,293$9,148,975
92$11,989,598$4,372,967$3,156,552$9,908,467
93$13,129,323$4,504,027$3,179,081$10,740,529
94$14,382,678$4,638,889$3,199,745$11,652,429
95$15,761,171$4,777,654$3,218,396$12,652,174
96$17,277,482$4,920,431$3,234,884$13,748,583
97$18,945,579$5,067,326$3,249,047$14,951,373
98$20,780,855$5,218,452$3,260,717$16,271,246
99$22,800,268$5,373,922$3,269,717$17,719,994
100$25,022,504$5,533,853$3,275,861$19,310,605