Can I retire at age 75 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$470,701$466,508$462,417$458,425$454,526$446,445
2 years$233,020$228,680$224,474$220,396$216,441$208,327
3 years$153,804$149,445$145,250$141,210$137,319$129,425
4 years$114,203$109,858$105,705$101,734$97,937$90,324
5 years$90,449$86,130$82,031$78,141$74,450$67,139
6 years$74,618$70,332$66,293$62,490$58,910$51,910
7 years$63,315$59,064$55,090$51,377$47,910$41,222
8 years$54,841$50,629$46,721$43,099$39,746$33,369
9 years$48,254$44,082$40,241$36,711$33,472$27,402
10 years$42,987$38,856$35,083$31,645$28,519$22,752
11 years$38,681$34,591$30,886$27,540$24,528$19,056
12 years$35,095$31,047$27,411$24,157$21,255$16,072
13 years$32,063$28,058$24,490$21,327$18,535$13,632
14 years$29,467$25,504$22,004$18,931$16,248$11,616
15 years$27,218$23,298$19,867$16,884$14,306$9,937
16 years$25,253$21,375$18,012$15,117$12,643$8,527
17 years$23,521$19,686$16,390$13,583$11,210$7,338
18 years$21,983$18,191$14,962$12,241$9,968$6,329
19 years$20,608$16,859$13,697$11,061$8,885$5,469
20 years$19,372$15,666$12,571$10,018$7,936$4,734
21 years$18,256$14,592$11,563$9,092$7,102$4,104
22 years$17,242$13,621$10,657$8,266$6,366$3,562
23 years$16,318$12,740$9,840$7,528$5,714$3,095
24 years$15,472$11,936$9,100$6,866$5,136$2,691
25 years$14,695$11,202$8,428$6,271$4,622$2,342
26 years$13,979$10,528$7,817$5,734$4,163$2,040
27 years$13,318$9,908$7,259$5,248$3,753$1,777
28 years$12,704$9,336$6,748$4,808$3,387$1,550
29 years$12,134$8,808$6,279$4,409$3,058$1,352
30 years$11,603$8,318$5,849$4,047$2,763$1,179
31 years$11,107$7,863$5,453$3,717$2,498$1,029
32 years$10,643$7,440$5,088$3,416$2,260$899
33 years$10,208$7,046$4,750$3,141$2,045$785
34 years$9,799$6,678$4,438$2,890$1,852$686
35 years$9,415$6,334$4,150$2,660$1,677$599
36 years$9,053$6,012$3,882$2,450$1,520$524
37 years$8,711$5,710$3,633$2,257$1,377$458
38 years$8,388$5,426$3,403$2,081$1,249$400
39 years$8,082$5,160$3,188$1,919$1,132$350
40 years$7,793$4,909$2,988$1,770$1,027$306
41 years$7,518$4,673$2,802$1,633$932$267
42 years$7,257$4,451$2,628$1,507$845$234
43 years$7,009$4,241$2,466$1,391$767$204
44 years$6,772$4,042$2,315$1,284$696$179
45 years$6,547$3,855$2,174$1,186$632$156
46 years$6,333$3,677$2,042$1,096$574$137
47 years$6,128$3,509$1,918$1,012$521$120
48 years$5,932$3,350$1,802$935$473$105
49 years$5,744$3,199$1,694$864$430$92
50 years$5,565$3,056$1,593$799$391$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,700,000, adding $2,120 every year, while hoping to spend $54,336 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: 56/33/11 Blend
74$5,700,000$5,700,000$5,700,000$5,700,000
75$6,283,587$5,981,487$5,893,137$6,618,131
76$6,866,700$6,216,767$6,032,744$7,079,918
77$7,507,469$6,461,754$6,175,207$7,576,493
78$8,211,718$6,716,867$6,320,563$8,116,081
79$8,985,863$6,982,543$6,468,852$8,702,798
80$9,836,972$7,259,239$6,620,109$9,341,168
81$10,772,832$7,547,431$6,774,372$10,036,166
82$11,802,024$7,847,618$6,931,677$10,793,263
83$12,933,999$8,160,320$7,092,057$11,618,478
84$14,179,174$8,486,083$7,255,547$12,518,429
85$15,549,022$8,825,473$7,422,181$13,500,400
86$17,056,188$9,179,087$7,591,989$14,572,402
87$18,714,601$9,547,544$7,765,002$15,743,251
88$20,539,610$9,931,494$7,941,250$17,022,647
89$22,548,128$10,331,615$8,120,760$18,421,265
90$24,758,790$10,748,617$8,303,558$19,950,853
91$27,192,128$11,183,240$8,489,669$21,624,343
92$29,870,767$11,636,260$8,679,114$23,455,966
93$32,819,635$12,108,487$8,871,915$25,461,392
94$36,066,203$12,600,768$9,068,089$27,657,866
95$39,640,738$13,113,988$9,267,652$30,064,377
96$43,576,593$13,649,073$9,470,618$32,701,828
97$47,910,518$14,206,991$9,676,997$35,593,238
98$52,683,011$14,788,753$9,886,796$38,763,948
99$57,938,696$15,395,420$10,100,021$42,241,863
100$63,726,743$16,028,096$10,316,673$46,057,713