Can I retire at age 75 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$210,577$208,701$206,871$205,085$203,341$198,506
2 years$104,246$102,304$100,423$98,598$96,829$91,986
3 years$68,807$66,857$64,980$63,173$61,432$56,733
4 years$51,091$49,147$47,289$45,513$43,814$39,294
5 years$40,464$38,532$36,698$34,958$33,307$28,979
6 years$33,382$31,464$29,658$27,956$26,354$22,223
7 years$28,325$26,424$24,646$22,984$21,433$17,499
8 years$24,534$22,650$20,901$19,281$17,781$14,043
9 years$21,587$19,721$18,002$16,423$14,974$11,429
10 years$19,231$17,383$15,695$14,157$12,759$9,402
11 years$17,305$15,475$13,818$12,321$10,973$7,800
12 years$15,701$13,889$12,263$10,807$9,509$6,515
13 years$14,344$12,552$10,956$9,541$8,292$5,471
14 years$13,183$11,409$9,844$8,469$7,269$4,614
15 years$12,177$10,423$8,888$7,553$6,400$3,906
16 years$11,297$9,563$8,058$6,763$5,656$3,317
17 years$10,522$8,807$7,332$6,077$5,015$2,824
18 years$9,834$8,138$6,694$5,476$4,459$2,409
19 years$9,219$7,542$6,128$4,948$3,975$2,059
20 years$8,667$7,009$5,624$4,482$3,550$1,762
21 years$8,167$6,528$5,173$4,067$3,177$1,510
22 years$7,714$6,094$4,767$3,698$2,848$1,295
23 years$7,300$5,699$4,402$3,368$2,556$1,112
24 years$6,922$5,340$4,071$3,072$2,298$956
25 years$6,574$5,011$3,771$2,805$2,068$822
26 years$6,254$4,710$3,497$2,565$1,862$707
27 years$5,958$4,433$3,247$2,348$1,679$609
28 years$5,683$4,177$3,019$2,151$1,515$525
29 years$5,428$3,940$2,809$1,973$1,368$452
30 years$5,191$3,721$2,617$1,810$1,236$390
31 years$4,969$3,518$2,439$1,663$1,118$336
32 years$4,761$3,328$2,276$1,528$1,011$290
33 years$4,567$3,152$2,125$1,405$915$250
34 years$4,384$2,988$1,986$1,293$828$215
35 years$4,212$2,834$1,856$1,190$750$186
36 years$4,050$2,690$1,737$1,096$680$160
37 years$3,897$2,554$1,625$1,010$616$138
38 years$3,753$2,428$1,522$931$559$119
39 years$3,616$2,308$1,426$858$507$103
40 years$3,486$2,196$1,337$792$459$89
41 years$3,363$2,091$1,253$730$417$77
42 years$3,247$1,991$1,176$674$378$66
43 years$3,135$1,897$1,103$622$343$57
44 years$3,030$1,808$1,036$575$312$49
45 years$2,929$1,724$972$531$283$43
46 years$2,833$1,645$913$490$257$37
47 years$2,741$1,570$858$453$233$32
48 years$2,654$1,499$806$418$212$27
49 years$2,570$1,431$758$387$192$24
50 years$2,490$1,367$713$357$175$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,550,000, adding $4,914 every year, while hoping to spend $32,712 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: 52/24/24 Blend
74$2,550,000$2,550,000$2,550,000$2,550,000
75$2,815,169$2,680,019$2,640,494$2,942,505
76$3,067,511$2,776,534$2,694,145$3,127,618
77$3,344,495$2,876,683$2,748,497$3,325,115
78$3,648,601$2,980,608$2,803,539$3,539,279
79$3,982,559$3,088,458$2,859,259$3,771,709
80$4,349,378$3,200,391$2,915,642$4,024,164
81$4,752,371$3,316,566$2,972,672$4,298,579
82$5,195,189$3,437,154$3,030,333$4,597,086
83$5,681,854$3,562,330$3,088,604$4,922,029
84$6,216,796$3,692,278$3,147,466$5,275,987
85$6,804,898$3,827,188$3,206,894$5,661,801
86$7,451,536$3,967,259$3,266,864$6,082,595
87$8,162,637$4,112,698$3,327,348$6,541,812
88$8,944,727$4,263,722$3,388,316$7,043,237
89$9,805,000$4,420,556$3,449,736$7,591,043
90$10,751,381$4,583,433$3,511,572$8,189,820
91$11,792,599$4,752,599$3,573,787$8,844,625
92$12,938,276$4,928,308$3,636,341$9,561,023
93$14,199,012$5,110,827$3,699,190$10,345,146
94$15,586,485$5,300,431$3,762,286$11,203,744
95$17,113,564$5,497,409$3,825,580$12,144,252
96$18,794,429$5,702,064$3,889,019$13,174,857
97$20,644,703$5,914,708$3,952,543$14,304,579
98$22,681,602$6,135,668$4,016,093$15,543,349
99$24,924,096$6,365,286$4,079,603$16,902,107
100$27,393,087$6,603,919$4,143,003$18,392,905