Can I retire at age 75 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$229,570$227,525$225,530$223,583$221,681$218,639
2 years$113,648$111,532$109,481$107,492$105,562$102,503
3 years$75,013$72,887$70,841$68,871$66,973$63,992
4 years$55,699$53,580$51,554$49,618$47,766$44,885
5 years$44,114$42,007$40,008$38,111$36,311$33,539
6 years$36,393$34,302$32,333$30,478$28,732$26,072
7 years$30,880$28,807$26,869$25,057$23,366$20,820
8 years$26,747$24,693$22,787$21,020$19,385$16,951
9 years$23,534$21,500$19,626$17,904$16,325$14,003
10 years$20,966$18,951$17,110$15,434$13,909$11,698
11 years$18,866$16,871$15,064$13,432$11,963$9,859
12 years$17,117$15,142$13,369$11,782$10,367$8,369
13 years$15,638$13,684$11,944$10,401$9,040$7,145
14 years$14,372$12,439$10,732$9,233$7,924$6,130
15 years$13,275$11,363$9,689$8,234$6,977$5,279
16 years$12,316$10,425$8,785$7,373$6,166$4,562
17 years$11,472$9,601$7,994$6,625$5,468$3,954
18 years$10,721$8,872$7,297$5,970$4,862$3,435
19 years$10,051$8,222$6,680$5,395$4,333$2,990
20 years$9,448$7,641$6,131$4,886$3,870$2,608
21 years$8,904$7,117$5,639$4,434$3,464$2,278
22 years$8,409$6,643$5,197$4,032$3,105$1,992
23 years$7,959$6,213$4,799$3,672$2,787$1,744
24 years$7,546$5,822$4,438$3,349$2,505$1,529
25 years$7,167$5,463$4,111$3,058$2,254$1,341
26 years$6,818$5,135$3,812$2,796$2,030$1,177
27 years$6,495$4,832$3,540$2,560$1,831$1,034
28 years$6,196$4,553$3,291$2,345$1,652$909
29 years$5,918$4,296$3,063$2,151$1,491$799
30 years$5,659$4,057$2,853$1,974$1,348$703
31 years$5,417$3,835$2,659$1,813$1,218$619
32 years$5,191$3,629$2,481$1,666$1,102$545
33 years$4,979$3,436$2,317$1,532$997$480
34 years$4,779$3,257$2,165$1,409$903$423
35 years$4,592$3,089$2,024$1,298$818$372
36 years$4,415$2,932$1,893$1,195$741$328
37 years$4,249$2,785$1,772$1,101$672$289
38 years$4,091$2,647$1,659$1,015$609$255
39 years$3,942$2,517$1,555$936$552$225
40 years$3,801$2,394$1,457$863$501$198
41 years$3,667$2,279$1,366$796$454$175
42 years$3,539$2,171$1,282$735$412$154
43 years$3,418$2,068$1,203$678$374$136
44 years$3,303$1,971$1,129$626$340$120
45 years$3,193$1,880$1,060$578$308$106
46 years$3,088$1,793$996$534$280$93
47 years$2,989$1,711$935$494$254$82
48 years$2,893$1,634$879$456$231$73
49 years$2,802$1,560$826$422$210$64
50 years$2,714$1,490$777$390$190$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $2,780,000, adding $3,670 every year, while hoping to spend $41,871 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: 43/34/23 Blend
74$2,780,000$2,780,000$2,780,000$2,780,000
75$3,067,346$2,920,006$2,876,916$3,178,541
76$3,335,664$3,018,535$2,928,742$3,356,445
77$3,629,948$3,120,490$2,980,901$3,544,752
78$3,952,802$3,225,993$3,033,360$3,747,936
79$4,307,093$3,335,172$3,086,083$3,967,395
80$4,695,982$3,448,161$3,139,032$4,204,664
81$5,122,949$3,565,097$3,192,166$4,461,431
82$5,591,828$3,686,125$3,245,442$4,739,556
83$6,106,842$3,811,393$3,298,812$5,041,080
84$6,672,644$3,941,055$3,352,226$5,368,252
85$7,294,359$4,075,272$3,405,631$5,723,545
86$7,977,634$4,214,211$3,458,970$6,109,681
87$8,728,689$4,358,044$3,512,182$6,529,655
88$9,554,378$4,506,951$3,565,203$6,986,763
89$10,462,251$4,661,118$3,617,964$7,484,634
90$11,460,628$4,820,739$3,670,392$8,027,261
91$12,558,672$4,986,016$3,722,411$8,619,040
92$13,766,482$5,157,156$3,773,937$9,264,812
93$15,095,183$5,334,377$3,824,884$9,969,906
94$16,557,035$5,517,905$3,875,161$10,740,189
95$18,165,543$5,707,972$3,924,669$11,582,122
96$19,935,589$5,904,824$3,973,306$12,502,819
97$21,883,571$6,108,711$4,020,964$13,510,115
98$24,027,554$6,319,898$4,067,525$14,612,636
99$26,387,448$6,538,656$4,112,871$15,819,886
100$28,985,187$6,765,269$4,156,871$17,142,329