Can I retire at age 75 with 10,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
1 years$900,112$892,094$884,272$876,637$869,181$856,192
2 years$445,600$437,301$429,258$421,460$413,896$400,839
3 years$294,116$285,781$277,758$270,033$262,593$249,874
4 years$218,389$210,079$202,137$194,544$187,283$175,001
5 years$172,964$164,705$156,867$149,428$142,370$130,559
6 years$142,691$134,494$126,772$119,499$112,652$101,328
7 years$121,076$112,948$105,348$98,247$91,616$80,781
8 years$104,872$96,817$89,343$82,417$76,005$65,657
9 years$92,275$84,297$76,951$70,201$64,007$54,142
10 years$82,204$74,303$67,088$60,514$54,537$45,147
11 years$73,969$66,148$59,063$52,665$46,904$37,979
12 years$67,112$59,371$52,417$46,194$40,646$32,176
13 years$61,314$53,654$46,831$40,783$35,444$27,417
14 years$56,349$48,770$42,078$36,202$31,070$23,473
15 years$52,049$44,552$37,991$32,286$27,356$20,176
16 years$48,291$40,876$34,444$28,909$24,178$17,400
17 years$44,978$37,645$31,343$25,974$21,438$15,047
18 years$42,037$34,786$28,612$23,408$19,061$13,044
19 years$39,408$32,239$26,193$21,151$16,990$11,331
20 years$37,046$29,958$24,039$19,156$15,176$9,859
21 years$34,911$27,905$22,111$17,386$13,580$8,592
22 years$32,972$26,048$20,379$15,808$12,173$7,497
23 years$31,205$24,362$18,816$14,396$10,927$6,549
24 years$29,588$22,826$17,402$13,130$9,822$5,726
25 years$28,102$21,421$16,117$11,991$8,838$5,011
26 years$26,733$20,132$14,948$10,964$7,961$4,389
27 years$25,467$18,947$13,881$10,036$7,177$3,846
28 years$24,294$17,853$12,904$9,195$6,476$3,372
29 years$23,203$16,843$12,008$8,432$5,848$2,958
30 years$22,188$15,906$11,185$7,738$5,284$2,596
31 years$21,239$15,037$10,428$7,107$4,777$2,279
32 years$20,352$14,228$9,729$6,532$4,321$2,002
33 years$19,520$13,474$9,084$6,006$3,911$1,758
34 years$18,739$12,770$8,488$5,526$3,541$1,545
35 years$18,004$12,112$7,935$5,087$3,207$1,358
36 years$17,312$11,496$7,423$4,685$2,906$1,194
37 years$16,658$10,919$6,948$4,317$2,634$1,050
38 years$16,041$10,377$6,507$3,979$2,388$923
39 years$15,456$9,867$6,096$3,669$2,165$812
40 years$14,902$9,388$5,714$3,384$1,964$714
41 years$14,376$8,936$5,358$3,122$1,782$628
42 years$13,877$8,511$5,026$2,881$1,617$552
43 years$13,403$8,109$4,716$2,660$1,467$486
44 years$12,951$7,730$4,427$2,456$1,332$428
45 years$12,520$7,371$4,157$2,268$1,209$376
46 years$12,110$7,032$3,904$2,095$1,098$331
47 years$11,718$6,710$3,668$1,936$997$291
48 years$11,343$6,406$3,447$1,789$905$256
49 years$10,985$6,117$3,240$1,653$822$226
50 years$10,642$5,843$3,046$1,528$747$199

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,900,000, adding $2,959 every year, while hoping to spend $31,043 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: 54/29/17 Blend