Can I retire at age 75 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$478,959$474,692$470,530$466,467$462,500$455,401
2 years$237,108$232,692$228,413$224,263$220,238$213,103
3 years$156,502$152,067$147,798$143,688$139,728$132,779
4 years$116,207$111,785$107,559$103,519$99,655$92,946
5 years$92,036$87,641$83,470$79,512$75,756$69,306
6 years$75,927$71,566$67,456$63,587$59,943$53,759
7 years$64,426$60,101$56,057$52,278$48,750$42,834
8 years$55,803$51,517$47,540$43,855$40,443$34,795
9 years$49,101$44,855$40,947$37,355$34,059$28,675
10 years$43,742$39,538$35,698$32,200$29,020$23,897
11 years$39,360$35,198$31,428$28,024$24,958$20,090
12 years$35,711$31,592$27,892$24,580$21,628$17,010
13 years$32,626$28,550$24,919$21,701$18,860$14,484
14 years$29,984$25,951$22,390$19,264$16,533$12,392
15 years$27,696$23,707$20,215$17,180$14,557$10,644
16 years$25,696$21,750$18,328$15,383$12,865$9,173
17 years$23,933$20,031$16,678$13,821$11,407$7,927
18 years$22,368$18,510$15,225$12,456$10,143$6,867
19 years$20,970$17,155$13,938$11,255$9,040$5,961
20 years$19,712$15,941$12,791$10,193$8,075$5,183
21 years$18,576$14,848$11,765$9,251$7,226$4,513
22 years$17,545$13,860$10,844$8,411$6,477$3,935
23 years$16,605$12,963$10,012$7,660$5,814$3,435
24 years$15,744$12,146$9,260$6,987$5,226$3,001
25 years$14,953$11,398$8,576$6,381$4,703$2,624
26 years$14,225$10,713$7,954$5,834$4,236$2,296
27 years$13,551$10,082$7,386$5,340$3,819$2,011
28 years$12,927$9,500$6,866$4,893$3,446$1,762
29 years$12,347$8,962$6,390$4,487$3,112$1,544
30 years$11,806$8,464$5,952$4,118$2,812$1,354
31 years$11,302$8,001$5,549$3,782$2,542$1,188
32 years$10,830$7,571$5,177$3,476$2,299$1,042
33 years$10,387$7,170$4,834$3,196$2,081$915
34 years$9,971$6,795$4,516$2,941$1,884$803
35 years$9,580$6,445$4,222$2,707$1,706$705
36 years$9,212$6,117$3,950$2,493$1,546$619
37 years$8,864$5,810$3,697$2,297$1,401$544
38 years$8,535$5,522$3,462$2,117$1,270$478
39 years$8,224$5,250$3,244$1,952$1,152$420
40 years$7,930$4,995$3,040$1,801$1,045$369
41 years$7,650$4,755$2,851$1,661$948$324
42 years$7,384$4,529$2,674$1,533$860$285
43 years$7,132$4,315$2,509$1,415$781$251
44 years$6,891$4,113$2,355$1,307$709$220
45 years$6,662$3,922$2,212$1,207$643$194
46 years$6,444$3,742$2,077$1,115$584$170
47 years$6,235$3,571$1,952$1,030$530$150
48 years$6,036$3,409$1,834$952$482$132
49 years$5,845$3,255$1,724$880$437$116
50 years$5,663$3,109$1,621$813$397$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $5,800,000, adding $3,541 every year, while hoping to spend $26,763 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: 37/46/17 Blend
74$5,800,000$5,800,000$5,800,000$5,800,000
75$6,395,253$6,087,853$5,997,953$6,598,802
76$7,019,093$6,357,682$6,170,408$7,015,789
77$7,705,668$6,639,835$6,347,744$7,463,100
78$8,461,348$6,934,890$6,530,096$7,945,696
79$9,293,153$7,243,447$6,717,602$8,466,754
80$10,208,818$7,566,139$6,910,405$9,029,759
81$11,216,865$7,903,628$7,108,651$9,638,530
82$12,326,686$8,256,606$7,312,492$10,297,257
83$13,548,628$8,625,800$7,522,080$11,010,537
84$14,894,093$9,011,969$7,737,575$11,783,414
85$16,375,647$9,415,912$7,959,140$12,621,425
86$18,007,133$9,838,462$8,186,941$13,530,646
87$19,803,808$10,280,493$8,421,151$14,517,750
88$21,782,481$10,742,923$8,661,945$15,590,065
89$23,961,678$11,226,710$8,909,504$16,755,638
90$26,361,811$11,732,860$9,164,014$18,023,311
91$29,005,373$12,262,427$9,425,665$19,402,796
92$31,917,149$12,816,515$9,694,654$20,904,768
93$35,124,454$13,396,279$9,971,180$22,540,955
94$38,657,384$14,002,933$10,255,450$24,324,251
95$42,549,105$14,637,744$10,547,675$26,268,830
96$46,836,164$15,302,045$10,848,073$28,390,272
97$51,558,836$15,997,228$11,156,867$30,705,711
98$56,761,500$16,724,755$11,474,285$33,233,989
99$62,493,061$17,486,156$11,800,561$35,995,824
100$68,807,411$18,283,035$12,135,937$39,014,008