Can I retire at age 74 with 11,100,000?

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 $11,100,000?

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$916,628$908,463$900,497$892,722$885,130$860,592
2 years$453,776$445,325$437,134$429,193$421,490$396,952
3 years$299,512$291,025$282,855$274,988$267,411$243,640
4 years$222,396$213,934$205,846$198,114$190,720$167,899
5 years$176,138$167,727$159,745$152,170$144,982$123,175
6 years$145,309$136,962$129,098$121,692$114,719$93,946
7 years$123,297$115,020$107,281$100,049$93,298$73,558
8 years$106,796$98,593$90,983$83,929$77,399$58,683
9 years$93,968$85,843$78,363$71,489$65,181$47,471
10 years$83,712$75,667$68,319$61,624$55,538$38,810
11 years$75,327$67,362$60,147$53,631$47,764$31,993
12 years$68,343$60,460$53,379$47,042$41,392$26,546
13 years$62,439$54,638$47,690$41,531$36,094$22,143
14 years$57,383$49,665$42,850$36,867$31,640$18,549
15 years$53,004$45,370$38,688$32,879$27,858$15,594
16 years$49,177$41,626$35,076$29,439$24,621$13,147
17 years$45,804$38,336$31,918$26,451$21,831$11,110
18 years$42,808$35,424$29,137$23,838$19,411$9,408
19 years$40,132$32,831$26,673$21,539$17,302$7,980
20 years$37,725$30,508$24,480$19,508$15,454$6,779
21 years$35,551$28,417$22,517$17,705$13,830$5,765
22 years$33,577$26,526$20,752$16,098$12,396$4,908
23 years$31,778$24,809$19,161$14,660$11,128$4,181
24 years$30,131$23,245$17,721$13,371$10,002$3,565
25 years$28,618$21,814$16,413$12,211$9,000$3,041
26 years$27,223$20,502$15,222$11,165$8,107$2,596
27 years$25,934$19,294$14,135$10,220$7,309$2,217
28 years$24,739$18,181$13,141$9,364$6,595$1,894
29 years$23,629$17,152$12,228$8,587$5,955$1,618
30 years$22,595$16,198$11,390$7,880$5,381$1,383
31 years$21,629$15,312$10,619$7,238$4,865$1,183
32 years$20,726$14,489$9,908$6,652$4,401$1,011
33 years$19,878$13,721$9,251$6,117$3,983$865
34 years$19,083$13,004$8,643$5,628$3,606$740
35 years$18,335$12,334$8,081$5,181$3,266$633
36 years$17,629$11,707$7,560$4,771$2,959$542
37 years$16,964$11,119$7,076$4,396$2,682$464
38 years$16,335$10,567$6,626$4,052$2,431$397
39 years$15,740$10,048$6,208$3,736$2,205$340
40 years$15,175$9,560$5,819$3,446$2,000$291
41 years$14,640$9,100$5,456$3,179$1,814$249
42 years$14,132$8,667$5,118$2,934$1,646$213
43 years$13,649$8,258$4,802$2,709$1,494$182
44 years$13,188$7,871$4,508$2,501$1,356$156
45 years$12,750$7,506$4,233$2,310$1,231$134
46 years$12,332$7,161$3,976$2,134$1,118$114
47 years$11,933$6,833$3,735$1,971$1,015$98
48 years$11,551$6,523$3,510$1,821$922$84
49 years$11,186$6,229$3,299$1,683$837$72
50 years$10,837$5,951$3,102$1,556$760$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $11,100,000, adding $2,137 every year, while hoping to spend $50,412 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: 57/29/14 Blend
73$11,100,000$11,100,000$11,100,000$11,100,000
74$12,234,404$11,646,104$11,474,054$12,887,791
75$13,428,676$12,163,125$11,804,797$13,847,401
76$14,743,073$12,703,791$12,144,930$14,886,846
77$16,189,796$13,269,206$12,494,715$16,018,341
78$17,782,287$13,860,529$12,854,420$17,250,719
79$19,535,358$14,478,973$13,224,321$18,593,693
80$21,465,329$15,125,807$13,604,700$20,057,943
81$23,590,185$15,802,364$13,995,849$21,655,212
82$25,929,740$16,510,036$14,398,067$23,398,415
83$28,505,831$17,250,285$14,811,659$25,301,757
84$31,342,517$18,024,641$15,236,942$27,380,861
85$34,466,313$18,834,707$15,674,238$29,652,916
86$37,906,431$19,682,162$16,123,879$32,136,832
87$41,695,065$20,568,766$16,586,207$34,853,416
88$45,867,688$21,496,362$17,061,571$37,825,561
89$50,463,390$22,466,881$17,550,332$41,078,460
90$55,525,245$23,482,348$18,052,858$44,639,841
91$61,100,719$24,544,882$18,569,528$48,540,217
92$67,242,117$25,656,706$19,100,731$52,813,175
93$74,007,074$26,820,145$19,646,867$57,495,687
94$81,459,104$28,037,641$20,208,345$62,628,447
95$89,668,195$29,311,748$20,785,588$68,256,258
96$98,711,472$30,645,145$21,379,026$74,428,441
97$108,673,923$32,040,638$21,989,104$81,199,299
98$119,649,201$33,501,167$22,616,276$88,628,621
99$131,740,509$35,029,813$23,261,011$96,782,237
100$145,061,574$36,629,807$23,923,788$105,732,636