Can I retire at age 75 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$924,886$916,647$908,609$900,764$893,104$882,309
2 years$457,864$449,337$441,073$433,060$425,287$414,424
3 years$302,211$293,647$285,403$277,466$269,820$259,225
4 years$224,399$215,861$207,700$199,898$192,438$182,193
5 years$177,725$169,238$161,184$153,541$146,288$136,424
6 years$146,618$138,195$130,261$122,788$115,753$106,280
7 years$124,408$116,056$108,247$100,951$94,138$85,061
8 years$107,758$99,482$91,802$84,685$78,097$69,415
9 years$94,815$86,617$79,069$72,133$65,769$57,478
10 years$84,467$76,348$68,934$62,179$56,038$48,133
11 years$76,005$67,969$60,689$54,115$48,195$40,668
12 years$68,959$61,005$53,860$47,466$41,764$34,609
13 years$63,002$55,131$48,120$41,905$36,419$29,625
14 years$57,900$50,112$43,236$37,199$31,925$25,482
15 years$53,482$45,778$39,036$33,175$28,109$22,008
16 years$49,620$42,001$35,392$29,704$24,843$19,072
17 years$46,216$38,681$32,205$26,689$22,028$16,575
18 years$43,194$35,743$29,399$24,052$19,586$14,441
19 years$40,493$33,126$26,914$21,733$17,457$12,608
20 years$38,065$30,783$24,700$19,684$15,593$11,028
21 years$35,871$28,673$22,719$17,864$13,954$9,661
22 years$33,880$26,765$20,939$16,243$12,508$8,475
23 years$32,064$25,033$19,334$14,793$11,228$7,443
24 years$30,402$23,454$17,881$13,492$10,092$6,544
25 years$28,875$22,010$16,561$12,321$9,081$5,758
26 years$27,468$20,686$15,359$11,266$8,180$5,071
27 years$26,168$19,468$14,263$10,312$7,375$4,469
28 years$24,962$18,345$13,259$9,448$6,655$3,941
29 years$23,842$17,306$12,339$8,664$6,009$3,477
30 years$22,798$16,344$11,493$7,951$5,429$3,069
31 years$21,824$15,450$10,715$7,303$4,909$2,710
32 years$20,912$14,619$9,997$6,711$4,440$2,394
33 years$20,058$13,845$9,334$6,172$4,018$2,115
34 years$19,255$13,122$8,721$5,679$3,638$1,869
35 years$18,500$12,446$8,154$5,227$3,295$1,653
36 years$17,788$11,813$7,628$4,814$2,986$1,461
37 years$17,117$11,219$7,139$4,436$2,706$1,293
38 years$16,482$10,662$6,686$4,089$2,453$1,143
39 years$15,881$10,139$6,264$3,770$2,225$1,012
40 years$15,312$9,646$5,871$3,477$2,018$895
41 years$14,772$9,182$5,505$3,208$1,831$792
42 years$14,259$8,745$5,164$2,961$1,661$701
43 years$13,771$8,332$4,846$2,733$1,508$620
44 years$13,307$7,942$4,549$2,524$1,368$549
45 years$12,865$7,574$4,271$2,331$1,242$486
46 years$12,443$7,225$4,011$2,153$1,128$430
47 years$12,040$6,895$3,769$1,989$1,024$381
48 years$11,655$6,582$3,541$1,838$930$337
49 years$11,287$6,286$3,329$1,698$845$299
50 years$10,935$6,004$3,130$1,570$767$265

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,200,000, adding $2,620 every year, while hoping to spend $56,943 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: 66/27/7 Blend
74$11,200,000$11,200,000$11,200,000$11,200,000
75$12,345,103$11,751,503$11,577,903$13,144,597
76$13,543,716$12,266,739$11,905,175$14,191,226
77$14,862,680$12,805,314$12,241,503$15,327,565
78$16,314,209$13,368,310$12,587,130$16,567,917
79$17,911,764$13,956,863$12,942,304$17,922,409
80$19,670,174$14,572,160$13,307,282$19,402,185
81$21,605,782$15,215,446$13,682,326$21,019,501
82$23,736,594$15,888,025$14,067,706$22,787,842
83$26,082,449$16,591,261$14,463,697$24,722,046
84$28,665,211$17,326,584$14,870,582$26,838,438
85$31,508,968$18,095,492$15,288,652$29,154,986
86$34,640,265$18,899,554$15,718,205$31,691,461
87$38,088,353$19,740,413$16,159,545$34,469,624
88$41,885,460$20,619,789$16,612,985$37,513,429
89$46,067,104$21,539,485$17,078,847$40,849,240
90$50,672,419$22,501,390$17,557,459$44,506,080
91$55,744,531$23,507,483$18,049,158$48,515,900
92$61,330,958$24,559,835$18,554,291$52,913,874
93$67,484,067$25,660,618$19,073,210$57,738,729
94$74,261,559$26,812,105$19,606,280$63,033,103
95$81,727,020$28,016,680$20,153,872$68,843,946
96$89,950,517$29,276,839$20,716,369$75,222,954
97$99,009,263$30,595,197$21,294,160$82,227,054
98$108,988,340$31,974,495$21,887,647$89,918,934
99$119,981,507$33,417,601$22,497,239$98,367,629
100$132,092,083$34,927,526$23,123,359$107,649,168