Can I retire at age 75 with 2,560,000?

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 $2,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$211,402$209,519$207,682$205,889$204,138$201,671
2 years$104,655$102,706$100,817$98,985$97,209$94,726
3 years$69,077$67,119$65,235$63,421$61,673$59,251
4 years$51,291$49,340$47,474$45,691$43,986$41,644
5 years$40,623$38,683$36,842$35,095$33,437$31,183
6 years$33,513$31,588$29,774$28,066$26,458$24,293
7 years$28,436$26,527$24,742$23,074$21,517$19,443
8 years$24,630$22,739$20,983$19,357$17,851$15,866
9 years$21,672$19,798$18,073$16,488$15,033$13,138
10 years$19,307$17,451$15,756$14,212$12,809$11,002
11 years$17,373$15,536$13,872$12,369$11,016$9,296
12 years$15,762$13,944$12,311$10,849$9,546$7,911
13 years$14,400$12,601$10,999$9,578$8,324$6,771
14 years$13,234$11,454$9,883$8,503$7,297$5,824
15 years$12,224$10,464$8,923$7,583$6,425$5,030
16 years$11,342$9,600$8,090$6,790$5,678$4,359
17 years$10,564$8,841$7,361$6,100$5,035$3,789
18 years$9,873$8,170$6,720$5,498$4,477$3,301
19 years$9,256$7,572$6,152$4,968$3,990$2,882
20 years$8,701$7,036$5,646$4,499$3,564$2,521
21 years$8,199$6,554$5,193$4,083$3,190$2,208
22 years$7,744$6,118$4,786$3,713$2,859$1,937
23 years$7,329$5,722$4,419$3,381$2,566$1,701
24 years$6,949$5,361$4,087$3,084$2,307$1,496
25 years$6,600$5,031$3,785$2,816$2,076$1,316
26 years$6,278$4,728$3,511$2,575$1,870$1,159
27 years$5,981$4,450$3,260$2,357$1,686$1,021
28 years$5,706$4,193$3,031$2,160$1,521$901
29 years$5,450$3,956$2,820$1,980$1,373$795
30 years$5,211$3,736$2,627$1,817$1,241$701
31 years$4,988$3,532$2,449$1,669$1,122$619
32 years$4,780$3,342$2,285$1,534$1,015$547
33 years$4,585$3,164$2,134$1,411$918$483
34 years$4,401$2,999$1,993$1,298$832$427
35 years$4,229$2,845$1,864$1,195$753$378
36 years$4,066$2,700$1,743$1,100$682$334
37 years$3,912$2,564$1,632$1,014$619$295
38 years$3,767$2,437$1,528$935$561$261
39 years$3,630$2,317$1,432$862$509$231
40 years$3,500$2,205$1,342$795$461$205
41 years$3,376$2,099$1,258$733$418$181
42 years$3,259$1,999$1,180$677$380$160
43 years$3,148$1,905$1,108$625$345$142
44 years$3,042$1,815$1,040$577$313$126
45 years$2,941$1,731$976$533$284$111
46 years$2,844$1,651$917$492$258$98
47 years$2,752$1,576$861$455$234$87
48 years$2,664$1,504$809$420$213$77
49 years$2,580$1,437$761$388$193$68
50 years$2,499$1,372$715$359$175$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,560,000, adding $6,591 every year, while hoping to spend $47,870 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: 62/19/19 Blend
74$2,560,000$2,560,000$2,560,000$2,560,000
75$2,827,919$2,692,239$2,652,559$2,989,070
76$3,065,433$2,773,225$2,690,486$3,179,495
77$3,325,569$2,856,575$2,728,080$3,381,351
78$3,610,585$2,942,355$2,765,278$3,600,617
79$3,922,965$3,030,631$2,802,015$3,838,990
80$4,265,447$3,121,471$2,838,222$4,098,342
81$4,641,045$3,214,946$2,873,825$4,380,731
82$5,053,082$3,311,128$2,908,748$4,688,426
83$5,505,213$3,410,090$2,942,908$5,023,925
84$6,001,468$3,511,909$2,976,219$5,389,978
85$6,546,286$3,616,659$3,008,590$5,789,616
86$7,144,553$3,724,422$3,039,924$6,226,175
87$7,801,656$3,835,278$3,070,120$6,703,331
88$8,523,527$3,949,308$3,099,071$7,225,132
89$9,316,701$4,066,599$3,126,665$7,796,040
90$10,188,378$4,187,235$3,152,781$8,420,966
91$11,146,489$4,311,306$3,177,295$9,105,323
92$12,199,773$4,438,901$3,200,076$9,855,075
93$13,357,856$4,570,114$3,220,985$10,676,789
94$14,631,345$4,705,038$3,239,876$11,577,704
95$16,031,926$4,843,769$3,256,597$12,565,792
96$17,572,475$4,986,405$3,270,985$13,649,839
97$19,267,176$5,133,048$3,282,871$14,839,524
98$21,131,660$5,283,799$3,292,079$16,145,510
99$23,183,146$5,438,762$3,298,421$17,579,549
100$25,440,610$5,598,045$3,301,701$19,154,588