Can I retire at age 75 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$825,791$818,435$811,258$804,254$797,414$790,403
2 years$408,807$401,194$393,815$386,660$379,721$372,656
3 years$269,831$262,184$254,824$247,737$240,911$234,010
4 years$200,356$192,733$185,447$178,481$171,819$165,137
5 years$158,683$151,105$143,914$137,090$130,614$124,170
6 years$130,909$123,389$116,304$109,632$103,351$97,152
7 years$111,079$103,622$96,649$90,135$84,052$78,102
8 years$96,213$88,823$81,966$75,612$69,729$64,028
9 years$84,656$77,336$70,598$64,404$58,722$53,268
10 years$75,417$68,168$61,549$55,517$50,034$44,823
11 years$67,862$60,686$54,186$48,317$43,031$38,060
12 years$61,571$54,469$48,089$42,380$37,290$32,553
13 years$56,251$49,224$42,964$37,415$32,517$28,010
14 years$51,696$44,743$38,604$33,213$28,505$24,221
15 years$47,752$40,874$34,854$29,620$25,098$21,032
16 years$44,304$37,501$31,600$26,522$22,181$18,327
17 years$41,265$34,537$28,755$23,830$19,668$16,017
18 years$38,566$31,914$26,250$21,475$17,487$14,035
19 years$36,155$29,577$24,030$19,405$15,587$12,324
20 years$33,987$27,484$22,054$17,575$13,923$10,843
21 years$32,028$25,601$20,285$15,950$12,459$9,556
22 years$30,250$23,897$18,696$14,502$11,168$8,434
23 years$28,629$22,351$17,262$13,208$10,025$7,452
24 years$27,145$20,941$15,965$12,046$9,011$6,592
25 years$25,782$19,652$14,787$11,001$8,108$5,837
26 years$24,525$18,470$13,714$10,059$7,304$5,173
27 years$23,364$17,382$12,734$9,207$6,585$4,588
28 years$22,288$16,379$11,838$8,436$5,942$4,072
29 years$21,288$15,452$11,017$7,736$5,365$3,616
30 years$20,356$14,593$10,262$7,099$4,848$3,212
31 years$19,486$13,795$9,567$6,520$4,383$2,855
32 years$18,672$13,053$8,926$5,992$3,965$2,539
33 years$17,909$12,361$8,334$5,510$3,588$2,258
34 years$17,192$11,716$7,787$5,070$3,248$2,009
35 years$16,518$11,112$7,280$4,667$2,942$1,788
36 years$15,882$10,547$6,810$4,298$2,666$1,592
37 years$15,283$10,017$6,374$3,960$2,416$1,418
38 years$14,716$9,520$5,969$3,650$2,190$1,263
39 years$14,180$9,053$5,593$3,366$1,986$1,125
40 years$13,672$8,613$5,242$3,105$1,802$1,002
41 years$13,189$8,199$4,915$2,864$1,635$893
42 years$12,731$7,808$4,611$2,643$1,483$796
43 years$12,296$7,439$4,327$2,440$1,346$709
44 years$11,881$7,091$4,061$2,253$1,222$632
45 years$11,486$6,762$3,813$2,081$1,109$564
46 years$11,110$6,451$3,582$1,922$1,007$502
47 years$10,750$6,156$3,365$1,776$914$448
48 years$10,406$5,877$3,162$1,641$830$399
49 years$10,078$5,612$2,972$1,516$754$356
50 years$9,763$5,361$2,794$1,402$685$318

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,000,000, adding $5,532 every year, while hoping to spend $22,868 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: 59/24/17 Blend
74$10,000,000$10,000,000$10,000,000$10,000,000
75$11,025,706$10,495,706$10,340,706$11,627,460
76$12,125,997$10,985,664$10,662,789$12,525,119
77$13,337,751$11,498,864$10,994,894$13,500,589
78$14,672,313$12,036,420$11,337,335$14,563,856
79$16,142,185$12,599,501$11,690,432$15,723,400
80$17,761,143$13,189,331$12,054,516$16,988,543
81$19,544,367$13,807,196$12,429,930$18,369,538
82$21,508,584$14,454,441$12,817,024$19,877,664
83$23,672,229$15,132,477$13,216,164$21,525,323
84$26,055,613$15,842,786$13,627,722$23,326,162
85$28,681,120$16,586,917$14,052,085$25,295,191
86$31,573,416$17,366,497$14,489,652$27,448,928
87$34,759,681$18,183,232$14,940,831$29,805,546
88$38,269,866$19,038,908$15,406,047$32,385,043
89$42,136,979$19,935,401$15,885,736$35,209,429
90$46,397,390$20,874,674$16,380,347$38,302,924
91$51,091,179$21,858,789$16,890,345$41,692,189
92$56,262,515$22,889,906$17,416,207$45,406,568
93$61,960,068$23,970,288$17,958,426$49,478,363
94$68,237,473$25,102,310$18,517,512$53,943,133
95$75,153,834$26,288,462$19,093,987$58,840,026
96$82,774,282$27,531,353$19,688,392$64,212,141
97$91,170,591$28,833,721$20,301,285$70,106,930
98$100,421,853$30,198,436$20,933,240$76,576,641
99$110,615,227$31,628,504$21,584,849$83,678,806
100$121,846,762$33,127,082$22,256,723$91,476,773