Can I retire at age 75 with 4,200,000?

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 $4,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$346,832$343,743$340,729$337,787$334,914$330,045
2 years$171,699$168,501$165,402$162,397$159,483$154,588
3 years$113,329$110,117$107,026$104,050$101,182$96,414
4 years$84,150$80,948$77,888$74,962$72,164$67,558
5 years$66,647$63,464$60,444$57,578$54,858$50,428
6 years$54,982$51,823$48,848$46,046$43,407$39,159
7 years$46,653$43,521$40,593$37,857$35,302$31,236
8 years$40,409$37,306$34,426$31,757$29,286$25,402
9 years$35,556$32,481$29,651$27,050$24,663$20,960
10 years$31,675$28,631$25,850$23,317$21,014$17,488
11 years$28,502$25,488$22,758$20,293$18,073$14,721
12 years$25,860$22,877$20,197$17,800$15,662$12,479
13 years$23,626$20,674$18,045$15,714$13,657$10,641
14 years$21,712$18,792$16,214$13,950$11,972$9,116
15 years$20,056$17,167$14,639$12,441$10,541$7,841
16 years$18,608$15,750$13,272$11,139$9,316$6,767
17 years$17,331$14,505$12,077$10,008$8,260$5,856
18 years$16,198$13,404$11,025$9,020$7,345$5,080
19 years$15,185$12,422$10,093$8,150$6,547$4,416
20 years$14,274$11,543$9,263$7,381$5,847$3,845
21 years$13,452$10,752$8,520$6,699$5,233$3,354
22 years$12,705$10,037$7,852$6,091$4,690$2,928
23 years$12,024$9,387$7,250$5,547$4,210$2,560
24 years$11,401$8,795$6,705$5,059$3,784$2,240
25 years$10,828$8,254$6,210$4,621$3,405$1,962
26 years$10,301$7,757$5,760$4,225$3,067$1,720
27 years$9,813$7,301$5,348$3,867$2,766$1,508
28 years$9,361$6,879$4,972$3,543$2,495$1,324
29 years$8,941$6,490$4,627$3,249$2,253$1,162
30 years$8,549$6,129$4,310$2,982$2,036$1,021
31 years$8,184$5,794$4,018$2,739$1,841$897
32 years$7,842$5,482$3,749$2,517$1,665$788
33 years$7,522$5,192$3,500$2,314$1,507$693
34 years$7,221$4,921$3,270$2,129$1,364$609
35 years$6,937$4,667$3,058$1,960$1,236$536
36 years$6,671$4,430$2,860$1,805$1,120$472
37 years$6,419$4,207$2,677$1,663$1,015$415
38 years$6,181$3,998$2,507$1,533$920$365
39 years$5,956$3,802$2,349$1,414$834$322
40 years$5,742$3,617$2,202$1,304$757$283
41 years$5,540$3,443$2,064$1,203$687$249
42 years$5,347$3,279$1,937$1,110$623$219
43 years$5,164$3,125$1,817$1,025$565$193
44 years$4,990$2,978$1,706$946$513$170
45 years$4,824$2,840$1,602$874$466$150
46 years$4,666$2,709$1,504$807$423$132
47 years$4,515$2,586$1,413$746$384$116
48 years$4,371$2,468$1,328$689$349$102
49 years$4,233$2,357$1,248$637$317$90
50 years$4,101$2,252$1,174$589$288$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $4,200,000, adding $6,222 every year, while hoping to spend $49,957 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: 35/48/17 Blend
74$4,200,000$4,200,000$4,200,000$4,200,000
75$4,634,818$4,412,218$4,347,118$4,772,640
76$5,054,416$4,575,263$4,439,593$5,036,689
77$5,515,138$4,744,622$4,533,491$5,316,272
78$6,021,127$4,920,554$4,628,807$5,616,875
79$6,576,945$5,103,324$4,725,536$5,940,393
80$7,187,619$5,293,213$4,823,667$6,288,903
81$7,858,686$5,490,510$4,923,190$6,664,686
82$8,596,247$5,695,520$5,024,091$7,070,244
83$9,407,022$5,908,559$5,126,357$7,508,328
84$10,298,416$6,129,956$5,229,967$7,981,956
85$11,278,586$6,360,055$5,334,903$8,494,443
86$12,356,521$6,599,217$5,441,141$9,049,434
87$13,542,121$6,847,814$5,548,654$9,650,931
88$14,846,298$7,106,237$5,657,415$10,303,335
89$16,281,071$7,374,893$5,767,389$11,011,481
90$17,859,685$7,654,208$5,878,542$11,780,685
91$19,596,734$7,944,625$5,990,833$12,616,792
92$21,508,295$8,246,606$6,104,221$13,526,229
93$23,612,085$8,560,634$6,218,656$14,516,064
94$25,927,625$8,887,212$6,334,089$15,594,072
95$28,476,424$9,226,867$6,450,462$16,768,803
96$31,282,183$9,580,146$6,567,715$18,049,664
97$34,371,015$9,947,623$6,685,783$19,447,005
98$37,771,697$10,329,895$6,804,595$20,972,212
99$41,515,936$10,727,586$6,924,075$22,637,817
100$45,638,670$11,141,346$7,044,140$24,457,609