Can I retire at age 75 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$445,927$441,955$438,080$434,297$430,604$418,666
2 years$220,756$216,645$212,660$208,797$205,049$193,112
3 years$145,709$141,580$137,605$133,778$130,092$118,528
4 years$108,192$104,076$100,141$96,380$92,783$81,681
5 years$85,689$81,597$77,714$74,029$70,532$59,923
6 years$70,691$66,630$62,804$59,201$55,809$45,703
7 years$59,983$55,956$52,191$48,673$45,388$35,785
8 years$51,955$47,964$44,262$40,830$37,654$28,549
9 years$45,714$41,762$38,123$34,778$31,710$23,094
10 years$40,725$36,811$33,236$29,979$27,018$18,881
11 years$36,645$32,771$29,261$26,091$23,237$15,564
12 years$33,248$29,413$25,968$22,885$20,136$12,914
13 years$30,376$26,581$23,201$20,204$17,559$10,772
14 years$27,916$24,161$20,846$17,935$15,392$9,024
15 years$25,786$22,072$18,821$15,995$13,553$7,586
16 years$23,924$20,250$17,064$14,322$11,978$6,396
17 years$22,283$18,650$15,528$12,868$10,620$5,405
18 years$20,826$17,233$14,175$11,597$9,443$4,577
19 years$19,523$15,972$12,976$10,479$8,417$3,882
20 years$18,353$14,842$11,909$9,490$7,518$3,298
21 years$17,295$13,824$10,954$8,613$6,728$2,805
22 years$16,335$12,905$10,096$7,831$6,031$2,387
23 years$15,459$12,069$9,322$7,132$5,413$2,034
24 years$14,658$11,308$8,621$6,505$4,866$1,734
25 years$13,922$10,612$7,985$5,941$4,378$1,480
26 years$13,244$9,974$7,405$5,432$3,944$1,263
27 years$12,617$9,386$6,877$4,972$3,556$1,079
28 years$12,035$8,845$6,393$4,555$3,208$921
29 years$11,495$8,344$5,949$4,177$2,897$787
30 years$10,992$7,880$5,541$3,834$2,618$673
31 years$10,522$7,449$5,166$3,521$2,367$575
32 years$10,083$7,049$4,820$3,236$2,141$492
33 years$9,671$6,675$4,500$2,976$1,937$421
34 years$9,284$6,326$4,205$2,738$1,754$360
35 years$8,920$6,001$3,931$2,520$1,589$308
36 years$8,576$5,695$3,678$2,321$1,440$264
37 years$8,253$5,409$3,442$2,139$1,305$226
38 years$7,947$5,141$3,223$1,971$1,183$193
39 years$7,657$4,888$3,020$1,818$1,073$165
40 years$7,383$4,651$2,831$1,676$973$141
41 years$7,122$4,427$2,654$1,547$883$121
42 years$6,875$4,216$2,490$1,427$801$104
43 years$6,640$4,017$2,336$1,318$727$89
44 years$6,416$3,829$2,193$1,217$660$76
45 years$6,203$3,652$2,059$1,124$599$65
46 years$5,999$3,484$1,934$1,038$544$56
47 years$5,805$3,324$1,817$959$494$48
48 years$5,619$3,174$1,707$886$448$41
49 years$5,442$3,031$1,605$819$407$35
50 years$5,272$2,895$1,509$757$370$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,400,000, adding $2,175 every year, while hoping to spend $54,240 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: 62/24/14 Blend
74$5,400,000$5,400,000$5,400,000$5,400,000
75$5,953,044$5,666,844$5,583,144$6,301,688
76$6,502,543$5,886,808$5,712,468$6,755,996
77$7,106,274$6,115,733$5,844,307$7,245,344
78$7,769,709$6,354,000$5,978,687$7,778,209
79$8,498,882$6,602,007$6,115,635$8,358,816
80$9,300,434$6,860,172$6,255,175$8,991,813
81$10,181,687$7,128,929$6,397,332$9,682,316
82$11,150,705$7,408,733$6,542,129$10,435,950
83$12,216,373$7,700,057$6,689,586$11,258,911
84$13,388,480$8,003,397$6,839,725$12,158,014
85$14,677,813$8,319,271$6,992,563$13,140,762
86$16,096,254$8,648,220$7,148,118$14,215,413
87$17,656,898$8,990,808$7,306,406$15,391,057
88$19,374,170$9,347,626$7,467,439$16,677,702
89$21,263,966$9,719,291$7,631,229$18,086,366
90$23,343,801$10,106,446$7,797,785$19,629,179
91$25,632,973$10,509,766$7,967,115$21,319,496
92$28,152,745$10,929,954$8,139,223$23,172,025
93$30,926,549$11,367,745$8,314,110$25,202,959
94$33,980,200$11,823,908$8,491,776$27,430,131
95$37,342,147$12,299,246$8,672,217$29,873,180
96$41,043,735$12,794,598$8,855,426$32,553,733
97$45,119,505$13,310,843$9,041,392$35,495,608
98$49,607,517$13,848,896$9,230,101$38,725,040
99$54,549,709$14,409,718$9,421,535$42,270,921
100$59,992,296$14,994,310$9,615,672$46,165,076