Can I retire at age 75 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$875,338$867,541$859,934$852,509$845,259$830,572
2 years$433,336$425,265$417,444$409,860$402,504$387,756
3 years$286,021$277,916$270,114$262,601$255,365$241,014
4 years$212,378$204,297$196,574$189,189$182,129$168,285
5 years$168,204$160,172$152,549$145,316$138,451$125,155
6 years$138,764$130,792$123,282$116,210$109,552$96,818
7 years$117,743$109,839$102,448$95,543$89,095$76,927
8 years$101,985$94,152$86,884$80,148$73,913$62,308
9 years$89,736$81,977$74,833$68,269$62,245$51,197
10 years$79,942$72,258$65,241$58,848$53,036$42,535
11 years$71,933$64,327$57,438$51,216$45,613$35,648
12 years$65,265$57,737$50,974$44,923$39,527$30,085
13 years$59,627$52,177$45,542$39,660$34,468$25,534
14 years$54,798$47,428$40,920$35,206$30,215$21,773
15 years$50,617$43,326$36,945$31,398$26,603$18,638
16 years$46,962$39,751$33,496$28,113$23,512$16,006
17 years$43,741$36,609$30,480$25,259$20,848$13,783
18 years$40,880$33,828$27,824$22,764$18,537$11,896
19 years$38,324$31,352$25,472$20,569$16,522$10,288
20 years$36,026$29,134$23,377$18,629$14,758$8,912
21 years$33,950$27,137$21,502$16,907$13,207$7,731
22 years$32,065$25,331$19,818$15,373$11,838$6,715
23 years$30,346$23,692$18,298$14,000$10,626$5,839
24 years$28,773$22,198$16,923$12,769$9,551$5,082
25 years$27,328$20,831$15,674$11,661$8,595$4,426
26 years$25,997$19,578$14,537$10,662$7,742$3,858
27 years$24,766$18,425$13,499$9,760$6,980$3,364
28 years$23,625$17,362$12,549$8,942$6,298$2,936
29 years$22,565$16,379$11,678$8,200$5,687$2,563
30 years$21,577$15,468$10,877$7,525$5,139$2,238
31 years$20,655$14,623$10,141$6,912$4,646$1,955
32 years$19,792$13,836$9,461$6,352$4,202$1,708
33 years$18,983$13,103$8,834$5,841$3,803$1,493
34 years$18,223$12,419$8,254$5,374$3,443$1,306
35 years$17,509$11,779$7,717$4,947$3,119$1,142
36 years$16,835$11,180$7,219$4,556$2,826$998
37 years$16,200$10,618$6,757$4,198$2,561$873
38 years$15,599$10,091$6,328$3,869$2,322$764
39 years$15,031$9,596$5,928$3,568$2,106$669
40 years$14,492$9,130$5,556$3,291$1,910$585
41 years$13,981$8,690$5,210$3,036$1,733$512
42 years$13,495$8,277$4,887$2,802$1,572$448
43 years$13,034$7,886$4,586$2,587$1,427$392
44 years$12,594$7,517$4,305$2,388$1,295$343
45 years$12,176$7,168$4,042$2,206$1,176$300
46 years$11,776$6,838$3,796$2,037$1,068$263
47 years$11,395$6,526$3,567$1,882$969$230
48 years$11,031$6,230$3,352$1,739$880$202
49 years$10,683$5,949$3,150$1,607$800$176
50 years$10,349$5,683$2,962$1,486$726$155

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,600,000, adding $3,370 every year, while hoping to spend $41,681 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: 64/29/7 Blend
74$10,600,000$10,600,000$10,600,000$10,600,000
75$11,684,676$11,122,876$10,958,576$12,417,172
76$12,832,165$11,623,549$11,281,340$13,406,047
77$14,095,300$12,147,357$11,613,520$14,480,405
78$15,485,835$12,695,392$11,955,387$15,652,689
79$17,016,717$13,268,793$12,307,219$16,932,399
80$18,702,217$13,868,759$12,669,306$18,329,984
81$20,558,056$14,496,540$13,041,940$19,856,935
82$22,601,559$15,153,452$13,425,426$21,525,893
83$24,851,817$15,840,870$13,820,077$23,350,763
84$27,329,865$16,560,236$14,226,213$25,346,843
85$30,058,884$17,313,060$14,644,164$27,530,966
86$33,064,416$18,100,926$15,074,269$29,921,651
87$36,374,608$18,925,493$15,516,878$32,539,281
88$40,020,474$19,788,498$15,972,350$35,406,284
89$44,036,191$20,691,764$16,441,053$38,547,346
90$48,459,422$21,637,199$16,923,366$41,989,637
91$53,331,665$22,626,803$17,419,681$45,763,062
92$58,698,652$23,662,674$17,930,398$49,900,543
93$64,610,778$24,747,009$18,455,930$54,438,320
94$71,123,573$25,882,108$18,996,699$59,416,288
95$78,298,232$27,070,386$19,553,144$64,878,374
96$86,202,189$28,314,372$20,125,711$70,872,938
97$94,909,751$29,616,715$20,714,861$77,453,228
98$104,502,805$30,980,194$21,321,068$84,677,876
99$115,071,587$32,407,719$21,944,820$92,611,445
100$126,715,534$33,902,342$22,586,616$101,325,032