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%19.1%
1 years$825,791$818,435$811,258$804,254$797,414$768,205
2 years$408,807$401,194$393,815$386,660$379,721$350,618
3 years$269,831$262,184$254,824$247,737$240,911$212,830
4 years$200,356$192,733$185,447$178,481$171,819$144,975
5 years$158,683$151,105$143,914$137,090$130,614$105,075
6 years$130,909$123,389$116,304$109,632$103,351$79,136
7 years$111,079$103,622$96,649$90,135$84,052$61,156
8 years$96,213$88,823$81,966$75,612$69,729$48,131
9 years$84,656$77,336$70,598$64,404$58,722$38,393
10 years$75,417$68,168$61,549$55,517$50,034$30,937
11 years$67,862$60,686$54,186$48,317$43,031$25,126
12 years$61,571$54,469$48,089$42,380$37,290$20,533
13 years$56,251$49,224$42,964$37,415$32,517$16,862
14 years$51,696$44,743$38,604$33,213$28,505$13,901
15 years$47,752$40,874$34,854$29,620$25,098$11,497
16 years$44,304$37,501$31,600$26,522$22,181$9,534
17 years$41,265$34,537$28,755$23,830$19,668$7,922
18 years$38,566$31,914$26,250$21,475$17,487$6,595
19 years$36,155$29,577$24,030$19,405$15,587$5,497
20 years$33,987$27,484$22,054$17,575$13,923$4,588
21 years$32,028$25,601$20,285$15,950$12,459$3,833
22 years$30,250$23,897$18,696$14,502$11,168$3,205
23 years$28,629$22,351$17,262$13,208$10,025$2,682
24 years$27,145$20,941$15,965$12,046$9,011$2,245
25 years$25,782$19,652$14,787$11,001$8,108$1,880
26 years$24,525$18,470$13,714$10,059$7,304$1,576
27 years$23,364$17,382$12,734$9,207$6,585$1,321
28 years$22,288$16,379$11,838$8,436$5,942$1,107
29 years$21,288$15,452$11,017$7,736$5,365$929
30 years$20,356$14,593$10,262$7,099$4,848$779
31 years$19,486$13,795$9,567$6,520$4,383$653
32 years$18,672$13,053$8,926$5,992$3,965$548
33 years$17,909$12,361$8,334$5,510$3,588$460
34 years$17,192$11,716$7,787$5,070$3,248$386
35 years$16,518$11,112$7,280$4,667$2,942$324
36 years$15,882$10,547$6,810$4,298$2,666$272
37 years$15,283$10,017$6,374$3,960$2,416$228
38 years$14,716$9,520$5,969$3,650$2,190$192
39 years$14,180$9,053$5,593$3,366$1,986$161
40 years$13,672$8,613$5,242$3,105$1,802$135
41 years$13,189$8,199$4,915$2,864$1,635$113
42 years$12,731$7,808$4,611$2,643$1,483$95
43 years$12,296$7,439$4,327$2,440$1,346$80
44 years$11,881$7,091$4,061$2,253$1,222$67
45 years$11,486$6,762$3,813$2,081$1,109$56
46 years$11,110$6,451$3,582$1,922$1,007$47
47 years$10,750$6,156$3,365$1,776$914$40
48 years$10,406$5,877$3,162$1,641$830$33
49 years$10,078$5,612$2,972$1,516$754$28
50 years$9,763$5,361$2,794$1,402$685$23

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 $5,542 every year, while hoping to spend $31,456 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: 67/19/14 Blend
74$10,000,000$10,000,000$10,000,000$10,000,000
75$11,025,717$10,495,717$10,340,717$11,728,356
76$12,116,871$10,976,538$10,653,662$12,678,338
77$13,318,268$11,479,865$10,976,036$13,712,427
78$14,641,121$12,006,768$11,308,123$14,842,299
79$16,097,783$12,558,367$11,650,212$16,077,339
80$17,701,867$13,135,837$12,002,605$17,427,877
81$19,468,375$13,740,410$12,365,609$18,905,279
82$21,413,835$14,373,376$12,739,543$20,522,052
83$23,556,462$15,036,088$13,124,734$22,291,962
84$25,916,327$15,729,962$13,521,518$24,230,160
85$28,515,547$16,456,485$13,930,244$26,353,321
86$31,378,494$17,217,214$14,351,268$28,679,803
87$34,532,024$18,013,781$14,784,959$31,229,814
88$38,005,732$18,847,897$15,231,696$34,025,599
89$41,832,227$19,721,355$15,691,869$37,091,651
90$46,047,448$20,636,035$16,165,880$40,454,936
91$50,690,993$21,593,906$16,654,143$44,145,145
92$55,806,501$22,597,034$17,157,083$48,194,972
93$61,442,060$23,647,584$17,675,141$52,640,416
94$67,650,659$24,747,825$18,208,767$57,521,119
95$74,490,693$25,900,135$18,758,428$62,880,739
96$82,026,510$27,107,008$19,324,601$68,767,352
97$90,329,019$28,371,057$19,907,781$75,233,906
98$99,476,363$29,695,023$20,508,475$82,338,716
99$109,554,650$31,081,777$21,127,207$90,146,009
100$120,658,771$32,534,330$21,764,515$98,726,523