Can I retire at age 75 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$212,228$210,338$208,493$206,693$204,935$200,552
2 years$105,063$103,107$101,210$99,372$97,588$93,193
3 years$69,347$67,381$65,490$63,668$61,914$57,645
4 years$51,492$49,532$47,660$45,870$44,158$40,047
5 years$40,781$38,834$36,986$35,232$33,568$29,627
6 years$33,644$31,711$29,890$28,175$26,561$22,795
7 years$28,547$26,631$24,839$23,165$21,601$18,010
8 years$24,727$22,828$21,065$19,432$17,920$14,503
9 years$21,757$19,875$18,144$16,552$15,092$11,846
10 years$19,382$17,519$15,818$14,268$12,859$9,782
11 years$17,440$15,596$13,926$12,417$11,059$8,146
12 years$15,824$13,998$12,359$10,892$9,583$6,830
13 years$14,457$12,650$11,042$9,616$8,357$5,759
14 years$13,286$11,499$9,921$8,536$7,326$4,877
15 years$12,272$10,505$8,957$7,612$6,450$4,146
16 years$11,386$9,638$8,121$6,816$5,701$3,536
17 years$10,605$8,876$7,390$6,124$5,055$3,023
18 years$9,912$8,202$6,746$5,519$4,494$2,590
19 years$9,292$7,601$6,176$4,987$4,006$2,224
20 years$8,735$7,064$5,668$4,517$3,578$1,912
21 years$8,231$6,579$5,213$4,099$3,202$1,646
22 years$7,774$6,142$4,805$3,727$2,870$1,419
23 years$7,358$5,744$4,436$3,394$2,576$1,224
24 years$6,976$5,382$4,103$3,096$2,316$1,057
25 years$6,626$5,051$3,800$2,827$2,084$913
26 years$6,303$4,747$3,524$2,585$1,877$790
27 years$6,005$4,467$3,273$2,366$1,692$683
28 years$5,728$4,209$3,042$2,168$1,527$591
29 years$5,471$3,971$2,831$1,988$1,379$512
30 years$5,231$3,750$2,637$1,825$1,246$443
31 years$5,008$3,545$2,459$1,676$1,126$384
32 years$4,799$3,355$2,294$1,540$1,019$333
33 years$4,602$3,177$2,142$1,416$922$289
34 years$4,418$3,011$2,001$1,303$835$250
35 years$4,245$2,856$1,871$1,199$756$217
36 years$4,082$2,711$1,750$1,105$685$188
37 years$3,928$2,574$1,638$1,018$621$163
38 years$3,782$2,447$1,534$938$563$142
39 years$3,644$2,327$1,437$865$510$123
40 years$3,514$2,213$1,347$798$463$107
41 years$3,390$2,107$1,263$736$420$92
42 years$3,272$2,007$1,185$679$381$80
43 years$3,160$1,912$1,112$627$346$70
44 years$3,054$1,822$1,044$579$314$60
45 years$2,952$1,738$980$535$285$52
46 years$2,855$1,658$920$494$259$45
47 years$2,763$1,582$865$456$235$39
48 years$2,674$1,510$813$422$213$34
49 years$2,590$1,442$764$390$194$30
50 years$2,509$1,378$718$360$176$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,570,000, adding $4,653 every year, while hoping to spend $53,657 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: 80/10/10 Blend
74$2,570,000$2,570,000$2,570,000$2,570,000
75$2,836,940$2,700,730$2,660,895$3,058,925
76$3,069,217$2,775,975$2,692,944$3,280,467
77$3,323,388$2,853,108$2,724,269$3,516,034
78$3,601,629$2,932,167$2,754,788$3,772,946
79$3,906,338$3,013,186$2,784,416$4,053,310
80$4,240,154$3,096,200$2,813,062$4,359,448
81$4,605,982$3,181,247$2,840,633$4,693,916
82$5,007,025$3,268,361$2,867,027$5,059,531
83$5,446,809$3,357,578$2,892,139$5,459,393
84$5,929,216$3,448,932$2,915,858$5,896,918
85$6,458,523$3,542,457$2,938,067$6,375,868
86$7,039,443$3,638,188$2,958,643$6,900,389
87$7,677,164$3,736,157$2,977,455$7,475,046
88$8,377,403$3,836,397$2,994,368$8,104,867
89$9,146,458$3,938,940$3,009,239$8,795,394
90$9,991,265$4,043,816$3,021,917$9,552,729
91$10,919,465$4,151,054$3,032,242$10,383,597
92$11,939,479$4,260,684$3,040,051$11,295,405
93$13,060,580$4,372,732$3,045,167$12,296,316
94$14,292,987$4,487,223$3,047,407$13,395,321
95$15,647,956$4,604,182$3,046,580$14,602,328
96$17,137,890$4,723,630$3,042,483$15,928,252
97$18,776,454$4,845,586$3,034,905$17,385,120
98$20,578,702$4,970,069$3,023,624$18,986,184
99$22,561,221$5,097,094$3,008,407$20,746,045
100$24,742,287$5,226,674$2,989,010$22,680,790