Can I retire at age 75 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$214,706$212,793$210,927$209,106$207,328$203,977
2 years$106,290$104,310$102,392$100,532$98,727$95,361
3 years$70,156$68,168$66,254$64,412$62,637$59,359
4 years$52,093$50,111$48,216$46,405$44,673$41,510
5 years$41,257$39,287$37,418$35,643$33,960$30,920
6 years$34,036$32,081$30,239$28,504$26,871$23,958
7 years$28,880$26,942$25,129$23,435$21,853$19,068
8 years$25,015$23,094$21,311$19,659$18,130$15,471
9 years$22,011$20,107$18,355$16,745$15,268$12,735
10 years$19,608$17,724$16,003$14,434$13,009$10,600
11 years$17,644$15,778$14,088$12,562$11,188$8,900
12 years$16,008$14,162$12,503$11,019$9,695$7,526
13 years$14,625$12,798$11,171$9,728$8,455$6,400
14 years$13,441$11,633$10,037$8,635$7,411$5,468
15 years$12,415$10,627$9,062$7,701$6,525$4,691
16 years$11,519$9,750$8,216$6,896$5,767$4,037
17 years$10,729$8,980$7,476$6,196$5,114$3,484
18 years$10,027$8,298$6,825$5,584$4,547$3,013
19 years$9,400$7,690$6,248$5,045$4,053$2,612
20 years$8,837$7,146$5,734$4,569$3,620$2,267
21 years$8,327$6,656$5,274$4,147$3,239$1,971
22 years$7,865$6,213$4,861$3,771$2,904$1,716
23 years$7,443$5,811$4,488$3,434$2,606$1,496
24 years$7,058$5,445$4,151$3,132$2,343$1,305
25 years$6,703$5,110$3,845$2,860$2,108$1,139
26 years$6,377$4,802$3,566$2,615$1,899$995
27 years$6,075$4,519$3,311$2,394$1,712$870
28 years$5,795$4,259$3,078$2,193$1,545$761
29 years$5,535$4,018$2,864$2,011$1,395$666
30 years$5,292$3,794$2,668$1,846$1,260$583
31 years$5,066$3,587$2,487$1,695$1,140$511
32 years$4,855$3,394$2,321$1,558$1,031$447
33 years$4,656$3,214$2,167$1,433$933$392
34 years$4,470$3,046$2,025$1,318$845$344
35 years$4,295$2,889$1,893$1,213$765$301
36 years$4,129$2,742$1,771$1,118$693$264
37 years$3,974$2,604$1,657$1,030$628$232
38 years$3,826$2,475$1,552$949$570$203
39 years$3,687$2,354$1,454$875$516$178
40 years$3,555$2,239$1,363$807$468$156
41 years$3,429$2,132$1,278$745$425$137
42 years$3,310$2,030$1,199$687$386$120
43 years$3,197$1,934$1,125$634$350$106
44 years$3,089$1,844$1,056$586$318$93
45 years$2,986$1,758$991$541$288$81
46 years$2,889$1,677$931$500$262$71
47 years$2,795$1,601$875$462$238$63
48 years$2,706$1,528$822$427$216$55
49 years$2,620$1,459$773$394$196$48
50 years$2,539$1,394$726$364$178$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,600,000, adding $6,863 every year, while hoping to spend $55,762 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: 38/42/20 Blend
74$2,600,000$2,600,000$2,600,000$2,600,000
75$2,872,279$2,734,479$2,694,179$2,963,972
76$3,105,921$2,809,138$2,725,104$3,105,483
77$3,361,526$2,885,587$2,755,196$3,252,545
78$3,641,275$2,963,854$2,784,368$3,410,333
79$3,947,569$3,043,967$2,812,528$3,579,845
80$4,283,055$3,125,955$2,839,581$3,762,182
81$4,650,644$3,209,844$2,865,425$3,958,555
82$5,053,545$3,295,662$2,889,952$4,170,298
83$5,495,290$3,383,433$2,913,049$4,398,876
84$5,979,772$3,473,183$2,934,599$4,645,907
85$6,511,275$3,564,936$2,954,474$4,913,171
86$7,094,522$3,658,714$2,972,545$5,202,626
87$7,734,711$3,754,539$2,988,673$5,516,432
88$8,437,570$3,852,430$3,002,713$5,856,966
89$9,209,409$3,952,407$3,014,511$6,226,847
90$10,057,180$4,054,485$3,023,908$6,628,960
91$10,988,537$4,158,680$3,030,734$7,066,483
92$12,011,918$4,265,005$3,034,813$7,542,918
93$13,136,613$4,373,470$3,035,959$8,062,122
94$14,372,861$4,484,083$3,033,977$8,628,347
95$15,731,940$4,596,850$3,028,662$9,246,275
96$17,226,276$4,711,774$3,019,801$9,921,067
97$18,869,559$4,828,854$3,007,167$10,658,410
98$20,676,872$4,948,086$2,990,526$11,464,568
99$22,664,834$5,069,463$2,969,629$12,346,449
100$24,851,754$5,192,974$2,944,219$13,311,659