Can I retire at age 75 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$834,049$826,619$819,371$812,296$805,388$786,237
2 years$412,895$405,206$397,753$390,527$383,518$364,336
3 years$272,529$264,806$257,372$250,214$243,320$224,706
4 years$202,360$194,661$187,301$180,265$173,538$155,635
5 years$160,269$152,616$145,353$138,461$131,921$114,779
6 years$132,218$124,623$117,467$110,728$104,384$88,022
7 years$112,190$104,658$97,616$91,036$84,892$69,311
8 years$97,175$89,711$82,786$76,368$70,426$55,620
9 years$85,503$78,110$71,303$65,048$59,309$45,266
10 years$76,171$68,850$62,164$56,072$50,534$37,238
11 years$68,540$61,293$54,728$48,800$43,461$30,894
12 years$62,186$55,013$48,570$42,804$37,663$25,803
13 years$56,814$49,716$43,394$37,789$32,843$21,668
14 years$52,213$45,190$38,990$33,545$28,790$18,277
15 years$48,229$41,282$35,202$29,917$25,349$15,473
16 years$44,747$37,876$31,916$26,787$22,403$13,138
17 years$41,677$34,882$29,042$24,068$19,864$11,184
18 years$38,952$32,233$26,512$21,690$17,662$9,541
19 years$36,516$29,873$24,270$19,599$15,743$8,154
20 years$34,327$27,759$22,274$17,750$14,062$6,979
21 years$32,348$25,857$20,488$16,110$12,584$5,981
22 years$30,552$24,136$18,883$14,647$11,280$5,131
23 years$28,915$22,574$17,435$13,340$10,125$4,406
24 years$27,416$21,151$16,124$12,167$9,101$3,787
25 years$26,039$19,849$14,934$11,111$8,189$3,256
26 years$24,771$18,655$13,851$10,159$7,377$2,802
27 years$23,598$17,556$12,862$9,299$6,651$2,412
28 years$22,511$16,543$11,957$8,520$6,001$2,078
29 years$21,500$15,607$11,127$7,813$5,419$1,790
30 years$20,559$14,739$10,364$7,170$4,896$1,543
31 years$19,680$13,933$9,662$6,586$4,427$1,330
32 years$18,858$13,183$9,015$6,052$4,004$1,147
33 years$18,088$12,485$8,417$5,566$3,624$989
34 years$17,364$11,833$7,865$5,121$3,281$853
35 years$16,683$11,223$7,353$4,714$2,972$736
36 years$16,041$10,653$6,878$4,341$2,692$635
37 years$15,436$10,117$6,438$4,000$2,440$548
38 years$14,863$9,615$6,029$3,687$2,212$473
39 years$14,322$9,143$5,649$3,400$2,006$408
40 years$13,808$8,699$5,294$3,136$1,820$352
41 years$13,321$8,281$4,964$2,893$1,651$304
42 years$12,859$7,886$4,657$2,670$1,498$263
43 years$12,419$7,514$4,370$2,465$1,360$227
44 years$12,000$7,162$4,102$2,276$1,234$196
45 years$11,601$6,830$3,851$2,102$1,120$169
46 years$11,221$6,515$3,617$1,941$1,017$146
47 years$10,858$6,218$3,398$1,794$924$126
48 years$10,511$5,936$3,194$1,657$839$109
49 years$10,179$5,668$3,002$1,532$762$94
50 years$9,861$5,415$2,822$1,416$692$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,100,000, adding $6,743 every year, while hoping to spend $35,866 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: 81/6/13 Blend
74$10,100,000$10,100,000$10,100,000$10,100,000
75$11,137,155$10,601,855$10,445,305$12,011,282
76$12,234,984$11,083,185$10,757,062$13,067,464
77$13,443,589$11,586,898$11,078,060$14,221,228
78$14,774,232$12,114,053$11,408,572$15,486,683
79$16,239,322$12,665,759$11,748,877$16,875,012
80$17,852,531$13,243,180$12,099,263$18,398,533
81$19,628,927$13,847,534$12,460,026$20,070,810
82$21,585,112$14,480,097$12,831,471$21,906,785
83$23,739,379$15,142,208$13,213,911$23,922,913
84$26,111,888$15,835,268$13,607,670$26,137,321
85$28,724,853$16,560,748$14,013,079$28,569,975
86$31,602,750$17,320,188$14,430,480$31,242,866
87$34,772,555$18,115,201$14,860,224$34,180,220
88$38,263,988$18,947,478$15,302,675$37,408,725
89$42,109,804$19,818,794$15,758,203$40,957,776
90$46,346,093$20,731,004$16,227,193$44,859,761
91$51,012,629$21,686,057$16,710,038$49,150,354
92$56,153,237$22,685,994$17,207,144$53,868,861
93$61,816,213$23,732,954$17,718,929$59,058,580
94$68,054,776$24,829,177$18,245,822$64,767,216
95$74,927,571$25,977,015$18,788,265$71,047,324
96$82,499,224$27,178,930$19,346,713$77,956,807
97$90,840,951$28,437,504$19,921,634$85,559,459
98$100,031,229$29,755,442$20,513,510$93,925,564
99$110,156,536$31,135,581$21,122,834$103,132,562
100$121,312,172$32,580,893$21,750,118$113,265,772