Can I retire at age 75 with 6,600,000?

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 $6,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$545,022$540,167$535,431$530,807$526,293$511,085
2 years$269,813$264,788$259,918$255,196$250,616$235,415
3 years$178,088$173,042$168,184$163,506$159,001$144,283
4 years$132,235$127,204$122,395$117,797$113,401$99,279
5 years$104,731$99,729$94,983$90,480$86,206$72,718
6 years$86,400$81,437$76,761$72,357$68,211$55,372
7 years$73,312$68,390$63,789$59,489$55,474$43,281
8 years$63,500$58,623$54,098$49,904$46,021$34,468
9 years$55,873$51,042$46,594$42,507$38,757$27,832
10 years$49,775$44,991$40,622$36,641$33,022$22,712
11 years$44,789$40,053$35,763$31,889$28,400$18,686
12 years$40,637$35,949$31,739$27,971$24,611$15,474
13 years$37,126$32,488$28,356$24,694$21,461$12,881
14 years$34,119$29,530$25,478$21,921$18,813$10,769
15 years$31,516$26,977$23,004$19,549$16,564$9,033
16 years$29,240$24,750$20,856$17,504$14,640$7,600
17 years$27,235$22,794$18,978$15,728$12,981$6,408
18 years$25,454$21,063$17,325$14,174$11,542$5,415
19 years$23,862$19,521$15,860$12,807$10,287$4,583
20 years$22,431$18,140$14,555$11,599$9,189$3,884
21 years$21,139$16,896$13,388$10,527$8,223$3,295
22 years$19,965$15,772$12,339$9,572$7,371$2,799
23 years$18,895$14,751$11,393$8,717$6,616$2,379
24 years$17,915$13,821$10,537$7,950$5,947$2,023
25 years$17,016$12,970$9,759$7,261$5,351$1,722
26 years$16,187$12,190$9,051$6,639$4,820$1,466
27 years$15,420$11,472$8,405$6,077$4,346$1,249
28 years$14,710$10,810$7,813$5,568$3,921$1,065
29 years$14,050$10,198$7,271$5,106$3,541$907
30 years$13,435$9,631$6,773$4,686$3,199$774
31 years$12,861$9,105$6,314$4,303$2,893$660
32 years$12,323$8,615$5,891$3,955$2,617$563
33 years$11,820$8,158$5,500$3,637$2,368$480
34 years$11,347$7,732$5,139$3,346$2,144$410
35 years$10,902$7,334$4,805$3,080$1,942$350
36 years$10,482$6,961$4,495$2,837$1,759$298
37 years$10,087$6,611$4,207$2,614$1,595$255
38 years$9,713$6,283$3,940$2,409$1,446$217
39 years$9,359$5,975$3,691$2,221$1,311$186
40 years$9,023$5,684$3,460$2,049$1,189$158
41 years$8,705$5,411$3,244$1,890$1,079$135
42 years$8,403$5,153$3,043$1,745$979$116
43 years$8,115$4,910$2,856$1,611$888$99
44 years$7,842$4,680$2,680$1,487$806$84
45 years$7,581$4,463$2,517$1,373$732$72
46 years$7,332$4,258$2,364$1,269$665$61
47 years$7,095$4,063$2,221$1,172$604$52
48 years$6,868$3,879$2,087$1,083$548$45
49 years$6,651$3,704$1,962$1,001$498$38
50 years$6,444$3,538$1,844$925$452$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $6,600,000, adding $3,823 every year, while hoping to spend $36,740 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: 57/26/17 Blend
74$6,600,000$6,600,000$6,600,000$6,600,000
75$7,277,143$6,927,343$6,825,043$7,659,253
76$7,980,321$7,227,692$7,014,591$8,219,462
77$8,753,991$7,541,527$7,209,258$8,825,326
78$9,605,306$7,869,469$7,409,175$9,484,736
79$10,542,144$8,212,170$7,614,480$10,202,841
80$11,573,189$8,570,312$7,825,311$10,985,306
81$12,708,006$8,944,609$8,041,810$11,838,361
82$13,957,136$9,335,809$8,264,125$12,768,855
83$15,332,195$9,744,694$8,492,404$13,784,325
84$16,845,979$10,172,085$8,726,800$14,893,059
85$18,512,592$10,618,840$8,967,470$16,104,179
86$20,347,571$11,085,858$9,214,575$17,427,717
87$22,368,039$11,574,080$9,468,279$18,874,714
88$24,592,862$12,084,494$9,728,750$20,457,321
89$27,042,831$12,618,131$9,996,160$22,188,909
90$29,740,854$13,176,074$10,270,686$24,084,192
91$32,712,175$13,759,455$10,552,507$26,159,369
92$35,984,609$14,369,461$10,841,809$28,432,268
93$39,588,810$15,007,334$11,138,780$30,922,515
94$43,558,552$15,674,377$11,443,612$33,651,715
95$47,931,056$16,371,954$11,756,505$36,643,656
96$52,747,336$17,101,492$12,077,660$39,924,523
97$58,052,586$17,864,487$12,407,284$43,523,151
98$63,896,611$18,662,508$12,745,589$47,471,288
99$70,334,290$19,497,195$13,092,791$51,803,892
100$77,426,099$20,370,269$13,449,111$56,559,459