Can I retire at age 75 with 11,100,000?

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:
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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$916,628$908,463$900,497$892,722$885,130$877,347
2 years$453,776$445,325$437,134$429,193$421,490$413,648
3 years$299,512$291,025$282,855$274,988$267,411$259,751
4 years$222,396$213,934$205,846$198,114$190,720$183,302
5 years$176,138$167,727$159,745$152,170$144,982$137,829
6 years$145,309$136,962$129,098$121,692$114,719$107,839
7 years$123,297$115,020$107,281$100,049$93,298$86,693
8 years$106,796$98,593$90,983$83,929$77,399$71,071
9 years$93,968$85,843$78,363$71,489$65,181$59,127
10 years$83,712$75,667$68,319$61,624$55,538$49,754
11 years$75,327$67,362$60,147$53,631$47,764$42,246
12 years$68,343$60,460$53,379$47,042$41,392$36,134
13 years$62,439$54,638$47,690$41,531$36,094$31,091
14 years$57,383$49,665$42,850$36,867$31,640$26,886
15 years$53,004$45,370$38,688$32,879$27,858$23,345
16 years$49,177$41,626$35,076$29,439$24,621$20,343
17 years$45,804$38,336$31,918$26,451$21,831$17,779
18 years$42,808$35,424$29,137$23,838$19,411$15,578
19 years$40,132$32,831$26,673$21,539$17,302$13,680
20 years$37,725$30,508$24,480$19,508$15,454$12,036
21 years$35,551$28,417$22,517$17,705$13,830$10,607
22 years$33,577$26,526$20,752$16,098$12,396$9,361
23 years$31,778$24,809$19,161$14,660$11,128$8,272
24 years$30,131$23,245$17,721$13,371$10,002$7,318
25 years$28,618$21,814$16,413$12,211$9,000$6,480
26 years$27,223$20,502$15,222$11,165$8,107$5,742
27 years$25,934$19,294$14,135$10,220$7,309$5,093
28 years$24,739$18,181$13,141$9,364$6,595$4,520
29 years$23,629$17,152$12,228$8,587$5,955$4,013
30 years$22,595$16,198$11,390$7,880$5,381$3,566
31 years$21,629$15,312$10,619$7,238$4,865$3,169
32 years$20,726$14,489$9,908$6,652$4,401$2,818
33 years$19,878$13,721$9,251$6,117$3,983$2,507
34 years$19,083$13,004$8,643$5,628$3,606$2,230
35 years$18,335$12,334$8,081$5,181$3,266$1,985
36 years$17,629$11,707$7,560$4,771$2,959$1,767
37 years$16,964$11,119$7,076$4,396$2,682$1,574
38 years$16,335$10,567$6,626$4,052$2,431$1,402
39 years$15,740$10,048$6,208$3,736$2,205$1,249
40 years$15,175$9,560$5,819$3,446$2,000$1,112
41 years$14,640$9,100$5,456$3,179$1,814$991
42 years$14,132$8,667$5,118$2,934$1,646$883
43 years$13,649$8,258$4,802$2,709$1,494$787
44 years$13,188$7,871$4,508$2,501$1,356$702
45 years$12,750$7,506$4,233$2,310$1,231$626
46 years$12,332$7,161$3,976$2,134$1,118$558
47 years$11,933$6,833$3,735$1,971$1,015$497
48 years$11,551$6,523$3,510$1,821$922$443
49 years$11,186$6,229$3,299$1,683$837$395
50 years$10,837$5,951$3,102$1,556$760$352

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,100,000, adding $6,653 every year, while hoping to spend $32,869 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: 58/27/15 Blend
74$11,100,000$11,100,000$11,100,000$11,100,000
75$12,239,063$11,650,763$11,478,713$12,901,521
76$13,452,475$12,186,678$11,828,277$13,886,302
77$14,788,553$12,747,751$12,188,450$14,955,104
78$16,259,775$13,335,180$12,559,553$16,119,446
79$17,879,890$13,950,222$12,941,916$17,388,523
80$19,664,047$14,594,191$13,335,878$18,772,444
81$21,628,941$15,268,468$13,741,792$20,282,325
82$23,792,968$15,974,498$14,160,017$21,930,388
83$26,176,399$16,713,796$14,590,925$23,730,078
84$28,801,571$17,487,951$15,034,901$25,696,180
85$31,693,098$18,298,628$15,492,337$27,844,960
86$34,878,106$19,147,572$15,963,642$30,194,312
87$38,386,481$20,036,612$16,449,232$32,763,923
88$42,251,162$20,967,666$16,949,541$35,575,455
89$46,508,441$21,942,742$17,465,012$38,652,743
90$51,198,315$22,963,949$17,996,102$42,022,019
91$56,364,855$24,033,494$18,543,283$45,712,151
92$62,056,627$25,153,693$19,107,041$49,754,910
93$68,327,151$26,326,972$19,687,875$54,185,270
94$75,235,403$27,555,876$20,286,300$59,041,726
95$82,846,370$28,843,070$20,902,848$64,366,653
96$91,231,671$30,191,351$21,538,064$70,206,703
97$100,470,223$31,603,649$22,192,511$76,613,236
98$110,648,995$33,083,037$22,866,770$83,642,798
99$121,863,822$34,632,736$23,561,436$91,357,647
100$134,220,314$36,256,122$24,277,126$99,826,338