Can I retire at age 75 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$850,564$842,988$835,596$828,381$821,336$810,066
2 years$421,071$413,229$405,629$398,260$391,113$379,778
3 years$277,926$270,050$262,469$255,169$248,138$237,091
4 years$206,367$198,515$191,010$183,835$176,974$166,300
5 years$163,443$155,638$148,232$141,203$134,533$124,263
6 years$134,836$127,090$119,793$112,921$106,451$96,598
7 years$114,411$106,730$99,549$92,839$86,573$77,139
8 years$99,099$91,488$84,425$77,880$71,821$62,806
9 years$87,196$79,656$72,715$66,337$60,484$51,883
10 years$77,679$70,213$63,395$57,183$51,535$43,342
11 years$69,898$62,507$55,812$49,766$44,322$36,529
12 years$63,418$56,103$49,532$43,652$38,408$31,007
13 years$57,939$50,700$44,253$38,538$33,493$26,473
14 years$53,247$46,085$39,762$34,210$29,360$22,710
15 years$49,184$42,100$35,900$30,509$25,851$19,560
16 years$45,633$38,626$32,548$27,317$22,847$16,904
17 years$42,503$35,573$29,618$24,544$20,258$14,650
18 years$39,723$32,871$27,037$22,120$18,012$12,727
19 years$37,239$30,464$24,751$19,987$16,055$11,079
20 years$35,006$28,309$22,715$18,102$14,340$9,662
21 years$32,989$26,369$20,894$16,429$12,833$8,439
22 years$31,157$24,614$19,257$14,937$11,503$7,381
23 years$29,487$23,021$17,780$13,604$10,326$6,462
24 years$27,959$21,569$16,444$12,407$9,281$5,664
25 years$26,555$20,242$15,230$11,331$8,351$4,968
26 years$25,261$19,024$14,125$10,361$7,523$4,361
27 years$24,065$17,904$13,116$9,483$6,782$3,831
28 years$22,956$16,871$12,193$8,689$6,120$3,367
29 years$21,926$15,916$11,347$7,968$5,526$2,961
30 years$20,966$15,031$10,569$7,312$4,993$2,605
31 years$20,070$14,209$9,854$6,716$4,514$2,293
32 years$19,232$13,444$9,194$6,172$4,083$2,019
33 years$18,446$12,732$8,584$5,676$3,696$1,778
34 years$17,708$12,067$8,020$5,222$3,346$1,566
35 years$17,013$11,446$7,499$4,807$3,030$1,380
36 years$16,359$10,863$7,015$4,427$2,746$1,216
37 years$15,741$10,318$6,566$4,079$2,489$1,072
38 years$15,158$9,806$6,148$3,760$2,256$945
39 years$14,605$9,324$5,760$3,467$2,046$833
40 years$14,082$8,871$5,399$3,198$1,856$735
41 years$13,585$8,445$5,063$2,950$1,684$648
42 years$13,113$8,042$4,749$2,723$1,528$571
43 years$12,665$7,663$4,456$2,513$1,386$504
44 years$12,238$7,304$4,183$2,321$1,258$445
45 years$11,831$6,965$3,928$2,143$1,142$392
46 years$11,443$6,644$3,689$1,980$1,037$346
47 years$11,073$6,341$3,466$1,829$942$305
48 years$10,719$6,053$3,257$1,690$855$269
49 years$10,380$5,780$3,061$1,562$777$238
50 years$10,056$5,522$2,878$1,444$706$210

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,300,000, adding $2,543 every year, while hoping to spend $21,909 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: 83/7/10 Blend
74$10,300,000$10,300,000$10,300,000$10,300,000
75$11,353,223$10,807,323$10,647,673$12,278,118
76$12,487,941$11,313,571$10,981,059$13,390,000
77$13,737,666$11,843,891$11,324,879$14,607,615
78$15,114,105$12,399,439$11,679,460$15,944,098
79$16,630,159$12,981,427$12,045,138$17,411,372
80$18,300,046$13,591,127$12,422,260$19,022,570
81$20,139,429$14,229,871$12,811,185$20,792,155
82$22,165,572$14,899,056$13,212,281$22,736,057
83$24,397,497$15,600,147$13,625,929$24,871,822
84$26,856,167$16,334,678$14,052,522$27,218,777
85$29,564,679$17,104,261$14,492,465$29,798,209
86$32,548,489$17,910,583$14,946,175$32,633,569
87$35,835,647$18,755,413$15,414,084$35,750,686
88$39,457,061$19,640,606$15,896,634$39,178,015
89$43,446,794$20,568,109$16,394,284$42,946,901
90$47,842,382$21,539,961$16,907,507$47,091,874
91$52,685,185$22,558,300$17,436,789$51,650,974
92$58,020,786$23,625,368$17,982,633$56,666,109
93$63,899,411$24,743,516$18,545,557$62,183,447
94$70,376,413$25,915,210$19,126,094$68,253,850
95$77,512,785$27,143,033$19,724,797$74,933,357
96$85,375,743$28,429,696$20,342,232$82,283,703
97$94,039,358$29,778,040$20,978,985$90,372,907
98$103,585,253$31,191,045$21,635,662$99,275,909
99$114,103,376$32,671,834$22,312,884$109,075,274
100$125,692,850$34,223,683$23,011,295$119,861,972