Can I retire at age 75 with 5,600,000?

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 $5,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$462,443$458,324$454,305$450,382$446,552$432,257
2 years$228,932$224,668$220,536$216,530$212,644$198,374
3 years$151,105$146,823$142,702$138,733$134,910$121,113
4 years$112,200$107,931$103,850$99,949$96,219$83,000
5 years$88,862$84,619$80,592$76,771$73,144$60,539
6 years$73,309$69,098$65,130$61,394$57,876$45,896
7 years$62,204$58,028$54,124$50,475$47,069$35,712
8 years$53,879$49,741$45,901$42,343$39,048$28,306
9 years$47,408$43,308$39,535$36,066$32,884$22,745
10 years$42,233$38,174$34,467$31,090$28,019$18,468
11 years$38,003$33,984$30,344$27,057$24,097$15,116
12 years$34,480$30,502$26,930$23,733$20,882$12,452
13 years$31,501$27,565$24,060$20,953$18,210$10,310
14 years$28,950$25,056$21,618$18,599$15,963$8,571
15 years$26,741$22,889$19,518$16,587$14,055$7,149
16 years$24,810$21,000$17,696$14,852$12,422$5,980
17 years$23,108$19,341$16,103$13,345$11,014$5,013
18 years$21,597$17,872$14,700$12,026$9,793$4,211
19 years$20,247$16,563$13,457$10,867$8,729$3,542
20 years$19,033$15,391$12,350$9,842$7,797$2,984
21 years$17,936$14,336$11,360$8,932$6,977$2,516
22 years$16,940$13,383$10,470$8,121$6,254$2,123
23 years$16,032$12,516$9,667$7,396$5,614$1,794
24 years$15,201$11,727$8,940$6,746$5,046$1,516
25 years$14,438$11,005$8,280$6,161$4,541$1,282
26 years$13,734$10,343$7,680$5,633$4,090$1,085
27 years$13,084$9,734$7,131$5,156$3,687$918
28 years$12,481$9,172$6,629$4,724$3,327$777
29 years$11,921$8,653$6,169$4,332$3,004$658
30 years$11,399$8,172$5,746$3,976$2,715$558
31 years$10,912$7,725$5,357$3,651$2,454$472
32 years$10,456$7,310$4,998$3,356$2,220$400
33 years$10,029$6,922$4,667$3,086$2,009$339
34 years$9,627$6,561$4,361$2,839$1,819$288
35 years$9,250$6,223$4,077$2,614$1,648$244
36 years$8,894$5,906$3,814$2,407$1,493$207
37 years$8,558$5,610$3,570$2,218$1,353$175
38 years$8,241$5,331$3,343$2,044$1,227$149
39 years$7,941$5,069$3,132$1,885$1,112$126
40 years$7,656$4,823$2,936$1,739$1,009$107
41 years$7,386$4,591$2,753$1,604$915$91
42 years$7,130$4,372$2,582$1,480$831$77
43 years$6,886$4,166$2,423$1,367$754$65
44 years$6,654$3,971$2,274$1,262$684$55
45 years$6,432$3,787$2,135$1,165$621$47
46 years$6,221$3,613$2,006$1,076$564$40
47 years$6,020$3,447$1,884$994$512$34
48 years$5,828$3,291$1,771$919$465$29
49 years$5,644$3,143$1,664$849$422$24
50 years$5,468$3,002$1,565$785$384$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,600,000, adding $5,150 every year, while hoping to spend $58,926 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: 40/50/10 Blend
74$5,600,000$5,600,000$5,600,000$5,600,000
75$6,176,512$5,879,712$5,792,912$6,404,848
76$6,743,820$6,105,121$5,924,278$6,791,390
77$7,367,018$6,339,601$6,058,070$7,203,043
78$8,051,744$6,583,532$6,194,306$7,647,033
79$8,804,212$6,837,315$6,333,005$8,126,308
80$9,631,264$7,101,365$6,474,183$8,644,107
81$10,540,439$7,376,119$6,617,854$9,203,981
82$11,540,044$7,662,029$6,764,033$9,809,833
83$12,639,230$7,959,570$6,912,729$10,465,945
84$13,848,079$8,269,236$7,063,953$11,177,023
85$15,177,700$8,591,545$7,217,712$11,948,236
86$16,640,331$8,927,036$7,374,011$12,785,261
87$18,249,457$9,276,274$7,532,853$13,694,340
88$20,019,936$9,639,846$7,694,238$14,682,331
89$21,968,139$10,018,367$7,858,164$15,756,772
90$24,112,102$10,412,481$8,024,626$16,925,950
91$26,471,701$10,822,857$8,193,616$18,198,978
92$29,068,835$11,250,197$8,365,122$19,585,876
93$31,927,632$11,695,233$8,539,130$21,097,661
94$35,074,681$12,158,729$8,715,620$22,746,454
95$38,539,277$12,641,485$8,894,572$24,545,585
96$42,353,701$13,144,337$9,075,959$26,509,720
97$46,553,525$13,668,155$9,259,749$28,654,992
98$51,177,942$14,213,853$9,445,909$30,999,153
99$56,270,143$14,782,382$9,634,398$33,561,737
100$61,877,718$15,374,739$9,825,171$36,364,241