Can I retire at age 75 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$297,285$294,637$292,053$289,531$287,069$277,215
2 years$147,171$144,430$141,773$139,198$136,700$126,872
3 years$97,139$94,386$91,737$89,185$86,728$77,235
4 years$72,128$69,384$66,761$64,253$61,855$52,770
5 years$57,126$54,398$51,809$49,352$47,021$38,368
6 years$47,127$44,420$41,869$39,468$37,206$28,992
7 years$39,988$37,304$34,794$32,448$30,259$22,482
8 years$34,637$31,976$29,508$27,220$25,102$17,757
9 years$30,476$27,841$25,415$23,186$21,140$14,216
10 years$27,150$24,541$22,157$19,986$18,012$11,499
11 years$24,430$21,847$19,507$17,394$15,491$9,376
12 years$22,165$19,609$17,312$15,257$13,424$7,692
13 years$20,251$17,721$15,467$13,470$11,706$6,343
14 years$18,611$16,107$13,897$11,957$10,262$5,251
15 years$17,191$14,714$12,547$10,663$9,035$4,362
16 years$15,949$13,500$11,376$9,548$7,985$3,633
17 years$14,855$12,433$10,352$8,579$7,080$3,032
18 years$13,884$11,489$9,450$7,731$6,295$2,535
19 years$13,016$10,648$8,651$6,986$5,611$2,123
20 years$12,235$9,894$7,939$6,327$5,012$1,780
21 years$11,530$9,216$7,303$5,742$4,485$1,494
22 years$10,890$8,603$6,731$5,221$4,020$1,255
23 years$10,306$8,046$6,214$4,755$3,609$1,055
24 years$9,772$7,539$5,747$4,337$3,244$888
25 years$9,281$7,075$5,323$3,960$2,919$747
26 years$8,829$6,649$4,937$3,621$2,629$629
27 years$8,411$6,258$4,584$3,315$2,371$530
28 years$8,024$5,897$4,262$3,037$2,139$446
29 years$7,664$5,563$3,966$2,785$1,931$376
30 years$7,328$5,253$3,694$2,556$1,745$317
31 years$7,015$4,966$3,444$2,347$1,578$267
32 years$6,722$4,699$3,213$2,157$1,427$225
33 years$6,447$4,450$3,000$1,984$1,292$190
34 years$6,189$4,218$2,803$1,825$1,169$160
35 years$5,946$4,000$2,621$1,680$1,059$135
36 years$5,718$3,797$2,452$1,547$960$114
37 years$5,502$3,606$2,295$1,426$870$96
38 years$5,298$3,427$2,149$1,314$789$81
39 years$5,105$3,259$2,013$1,212$715$68
40 years$4,922$3,101$1,887$1,118$649$58
41 years$4,748$2,951$1,770$1,031$588$49
42 years$4,583$2,811$1,660$952$534$41
43 years$4,427$2,678$1,558$878$485$35
44 years$4,277$2,553$1,462$811$440$29
45 years$4,135$2,434$1,373$749$399$25
46 years$3,999$2,322$1,289$692$363$21
47 years$3,870$2,216$1,211$639$329$18
48 years$3,746$2,116$1,138$591$299$15
49 years$3,628$2,020$1,070$546$272$13
50 years$3,515$1,930$1,006$505$247$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $3,600,000, adding $4,403 every year, while hoping to spend $38,037 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: 49/35/16 Blend
74$3,600,000$3,600,000$3,600,000$3,600,000
75$3,971,742$3,780,942$3,725,142$4,148,494
76$4,336,388$3,925,737$3,809,463$4,415,764
77$4,736,954$4,076,352$3,895,334$4,701,652
78$5,177,062$4,233,032$3,982,767$5,011,380
79$5,660,705$4,396,034$4,071,772$5,347,199
80$6,192,281$4,565,623$4,162,360$5,711,585
81$6,776,634$4,742,079$4,254,539$6,107,257
82$7,419,102$4,925,692$4,348,318$6,537,206
83$8,125,567$5,116,767$4,443,703$7,004,720
84$8,902,506$5,315,621$4,540,699$7,513,415
85$9,757,060$5,522,584$4,639,311$8,067,269
86$10,697,094$5,738,004$4,739,540$8,670,656
87$11,731,272$5,962,241$4,841,390$9,328,387
88$12,869,143$6,195,672$4,944,858$10,045,759
89$14,121,227$6,438,692$5,049,942$10,828,595
90$15,499,116$6,691,711$5,156,639$11,683,305
91$17,015,582$6,955,161$5,264,942$12,616,944
92$18,684,697$7,229,490$5,374,844$13,637,273
93$20,521,968$7,515,167$5,486,333$14,752,837
94$22,544,481$7,812,682$5,599,397$15,973,039
95$24,771,062$8,122,548$5,714,021$17,308,231
96$27,222,457$8,445,299$5,830,187$18,769,809
97$29,921,523$8,781,494$5,947,874$20,370,317
98$32,893,449$9,131,717$6,067,058$22,123,567
99$36,165,989$9,496,580$6,187,713$24,044,767
100$39,769,726$9,876,719$6,309,808$26,150,659