Can I retire at age 75 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$330,316$327,374$324,503$321,702$318,966$314,199
2 years$163,523$160,477$157,526$154,664$151,888$147,097
3 years$107,932$104,874$101,930$99,095$96,364$91,697
4 years$80,143$77,093$74,179$71,392$68,728$64,221
5 years$63,473$60,442$57,566$54,836$52,246$47,912
6 years$52,364$49,356$46,522$43,853$41,340$37,184
7 years$44,431$41,449$38,660$36,054$33,621$29,644
8 years$38,485$35,529$32,787$30,245$27,892$24,094
9 years$33,863$30,935$28,239$25,762$23,489$19,869
10 years$30,167$27,267$24,619$22,207$20,014$16,568
11 years$27,145$24,274$21,675$19,327$17,212$13,937
12 years$24,628$21,787$19,236$16,952$14,916$11,808
13 years$22,501$19,689$17,186$14,966$13,007$10,061
14 years$20,678$17,897$15,441$13,285$11,402$8,614
15 years$19,101$16,349$13,942$11,848$10,039$7,404
16 years$17,722$15,000$12,640$10,609$8,873$6,385
17 years$16,506$13,815$11,502$9,532$7,867$5,522
18 years$15,426$12,765$10,500$8,590$6,995$4,787
19 years$14,462$11,831$9,612$7,762$6,235$4,158
20 years$13,595$10,994$8,821$7,030$5,569$3,618
21 years$12,811$10,240$8,114$6,380$4,984$3,153
22 years$12,100$9,559$7,478$5,801$4,467$2,751
23 years$11,451$8,940$6,905$5,283$4,010$2,403
24 years$10,858$8,376$6,386$4,818$3,604$2,101
25 years$10,313$7,861$5,915$4,400$3,243$1,839
26 years$9,810$7,388$5,486$4,024$2,921$1,611
27 years$9,346$6,953$5,094$3,683$2,634$1,411
28 years$8,915$6,552$4,735$3,374$2,377$1,238
29 years$8,515$6,181$4,407$3,094$2,146$1,086
30 years$8,142$5,837$4,105$2,840$1,939$953
31 years$7,794$5,518$3,827$2,608$1,753$836
32 years$7,469$5,221$3,570$2,397$1,586$735
33 years$7,163$4,945$3,334$2,204$1,435$645
34 years$6,877$4,686$3,115$2,028$1,299$567
35 years$6,607$4,445$2,912$1,867$1,177$498
36 years$6,353$4,219$2,724$1,719$1,066$438
37 years$6,113$4,007$2,550$1,584$966$385
38 years$5,886$3,808$2,388$1,460$876$339
39 years$5,672$3,621$2,237$1,346$795$298
40 years$5,469$3,445$2,097$1,242$721$262
41 years$5,276$3,279$1,966$1,146$654$230
42 years$5,093$3,123$1,844$1,057$593$203
43 years$4,918$2,976$1,731$976$538$178
44 years$4,753$2,837$1,624$901$489$157
45 years$4,595$2,705$1,525$832$444$138
46 years$4,444$2,580$1,433$769$403$121
47 years$4,300$2,462$1,346$710$366$107
48 years$4,163$2,351$1,265$656$332$94
49 years$4,031$2,245$1,189$607$302$83
50 years$3,905$2,144$1,118$561$274$73

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,000,000, adding $3,601 every year, while hoping to spend $50,115 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: 66/29/5 Blend
74$4,000,000$4,000,000$4,000,000$4,000,000
75$4,411,714$4,199,714$4,137,714$4,699,831
76$4,808,387$4,352,178$4,223,006$5,043,873
77$5,243,841$4,510,434$4,309,475$5,413,338
78$5,721,979$4,674,711$4,397,108$5,815,745
79$6,247,099$4,845,250$4,485,890$6,254,292
80$6,823,939$5,022,303$4,575,803$6,732,499
81$7,457,714$5,206,129$4,666,826$7,254,241
82$8,154,174$5,397,002$4,758,937$7,823,778
83$8,919,649$5,595,205$4,852,111$8,445,801
84$9,761,115$5,801,032$4,946,319$9,125,473
85$10,686,259$6,014,792$5,041,530$9,868,476
86$11,703,546$6,236,806$5,137,711$10,681,063
87$12,822,307$6,467,409$5,234,823$11,570,121
88$14,052,819$6,706,948$5,332,826$12,543,227
89$15,406,405$6,955,788$5,431,675$13,608,729
90$16,895,544$7,214,307$5,531,321$14,775,812
91$18,533,983$7,482,901$5,631,713$16,054,593
92$20,336,867$7,761,981$5,732,794$17,456,212
93$22,320,887$8,051,978$5,834,502$18,992,934
94$24,504,431$8,353,338$5,936,771$20,678,268
95$26,907,761$8,666,530$6,039,532$22,527,089
96$29,553,203$8,992,040$6,142,706$24,555,779
97$32,465,357$9,330,378$6,246,214$26,782,381
98$35,671,329$9,682,072$6,349,968$29,226,767
99$39,200,988$10,047,676$6,453,874$31,910,824
100$43,087,243$10,427,767$6,557,834$34,858,660