Can I retire at age 75 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$908,370$900,278$892,384$884,679$877,155$844,020
2 years$449,688$441,313$433,196$425,327$417,693$384,695
3 years$296,814$288,403$280,307$272,511$265,002$233,178
4 years$220,392$212,007$203,991$196,329$189,001$158,595
5 years$174,551$166,216$158,306$150,799$143,676$114,766
6 years$144,000$135,728$127,935$120,595$113,686$86,292
7 years$122,187$113,984$106,314$99,148$92,457$66,571
8 years$105,834$97,705$90,163$83,173$76,702$52,300
9 years$93,122$85,070$77,657$70,845$64,594$41,641
10 years$82,958$74,985$67,703$61,069$55,037$33,491
11 years$74,648$66,755$59,605$53,148$47,334$27,147
12 years$67,728$59,915$52,898$46,618$41,019$22,140
13 years$61,877$54,146$47,261$41,157$35,769$18,144
14 years$56,866$49,217$42,464$36,534$31,355$14,927
15 years$52,527$44,961$38,339$32,582$27,607$12,320
16 years$48,734$41,251$34,760$29,174$24,400$10,193
17 years$45,391$37,990$31,630$26,213$21,634$8,452
18 years$42,423$35,105$28,874$23,623$19,236$7,020
19 years$39,770$32,535$26,433$21,345$17,146$5,838
20 years$37,386$30,233$24,259$19,332$15,315$4,862
21 years$35,231$28,161$22,314$17,545$13,705$4,052
22 years$33,275$26,287$20,566$15,953$12,285$3,380
23 years$31,491$24,586$18,989$14,528$11,027$2,821
24 years$29,859$23,035$17,561$13,251$9,912$2,356
25 years$28,360$21,617$16,265$12,101$8,919$1,969
26 years$26,978$20,317$15,085$11,065$8,034$1,646
27 years$25,701$19,121$14,008$10,128$7,243$1,376
28 years$24,517$18,017$13,022$9,279$6,536$1,151
29 years$23,416$16,997$12,118$8,509$5,902$963
30 years$22,391$16,052$11,288$7,809$5,332$806
31 years$21,434$15,175$10,523$7,172$4,821$674
32 years$20,539$14,358$9,818$6,592$4,361$564
33 years$19,699$13,597$9,167$6,061$3,947$472
34 years$18,911$12,887$8,565$5,577$3,573$395
35 years$18,169$12,223$8,008$5,134$3,236$331
36 years$17,471$11,602$7,491$4,728$2,932$277
37 years$16,811$11,019$7,012$4,357$2,658$232
38 years$16,188$10,472$6,566$4,016$2,409$194
39 years$15,598$9,958$6,152$3,702$2,185$163
40 years$15,039$9,474$5,766$3,415$1,982$136
41 years$14,508$9,018$5,407$3,151$1,798$114
42 years$14,005$8,589$5,072$2,908$1,632$96
43 years$13,526$8,183$4,759$2,684$1,481$80
44 years$13,070$7,801$4,467$2,478$1,344$67
45 years$12,635$7,439$4,195$2,289$1,220$56
46 years$12,221$7,096$3,940$2,114$1,108$47
47 years$11,825$6,772$3,701$1,953$1,006$39
48 years$11,447$6,465$3,478$1,805$914$33
49 years$11,086$6,173$3,269$1,668$830$28
50 years$10,740$5,897$3,074$1,542$754$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,000,000, adding $3,972 every year, while hoping to spend $33,558 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: 46/41/13 Blend
74$11,000,000$11,000,000$11,000,000$11,000,000
75$12,126,097$11,543,097$11,372,597$12,639,205
76$13,327,254$12,073,003$11,717,874$13,525,232
77$14,649,803$12,627,750$12,073,592$14,482,123
78$16,106,093$13,208,520$12,440,067$15,519,449
79$17,709,727$13,816,550$12,817,623$16,644,683
80$19,475,698$14,453,140$13,206,591$17,866,028
81$21,420,525$15,119,649$13,607,318$19,192,489
82$23,562,410$15,817,504$14,020,155$20,633,954
83$25,921,413$16,548,199$14,445,467$22,201,284
84$28,519,637$17,313,300$14,883,630$23,906,407
85$31,381,438$18,114,450$15,335,030$25,762,429
86$34,533,656$18,953,370$15,800,065$27,783,748
87$38,005,867$19,831,863$16,279,145$29,986,188
88$41,830,661$20,751,820$16,772,692$32,387,141
89$46,043,953$21,715,223$17,281,141$35,005,722
90$50,685,317$22,724,149$17,804,940$37,862,946
91$55,798,363$23,780,777$18,344,550$40,981,920
92$61,431,150$24,887,388$18,900,446$44,388,050
93$67,636,633$26,046,377$19,473,117$48,109,276
94$74,473,170$27,260,250$20,063,067$52,176,327
95$82,005,069$28,531,637$20,670,814$56,623,002
96$90,303,193$29,863,295$21,296,894$61,486,481
97$99,445,635$31,258,112$21,941,856$66,807,668
98$109,518,449$32,719,118$22,606,267$72,631,564
99$120,616,464$34,249,489$23,290,711$79,007,684
100$132,844,182$35,852,552$23,995,788$85,990,515