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%17%
1 years$924,886$916,647$908,609$900,764$893,104$867,645
2 years$457,864$449,337$441,073$433,060$425,287$399,836
3 years$302,211$293,647$285,403$277,466$269,820$245,174
4 years$224,399$215,861$207,700$199,898$192,438$168,786
5 years$177,725$169,238$161,184$153,541$146,288$123,695
6 years$146,618$138,195$130,261$122,788$115,753$94,239
7 years$124,408$116,056$108,247$100,951$94,138$73,704
8 years$107,758$99,482$91,802$84,685$78,097$58,731
9 years$94,815$86,617$79,069$72,133$65,769$47,452
10 years$84,467$76,348$68,934$62,179$56,038$38,746
11 years$76,005$67,969$60,689$54,115$48,195$31,899
12 years$68,959$61,005$53,860$47,466$41,764$26,433
13 years$63,002$55,131$48,120$41,905$36,419$22,019
14 years$57,900$50,112$43,236$37,199$31,925$18,420
15 years$53,482$45,778$39,036$33,175$28,109$15,463
16 years$49,620$42,001$35,392$29,704$24,843$13,018
17 years$46,216$38,681$32,205$26,689$22,028$10,986
18 years$43,194$35,743$29,399$24,052$19,586$9,289
19 years$40,493$33,126$26,914$21,733$17,457$7,867
20 years$38,065$30,783$24,700$19,684$15,593$6,673
21 years$35,871$28,673$22,719$17,864$13,954$5,666
22 years$33,880$26,765$20,939$16,243$12,508$4,816
23 years$32,064$25,033$19,334$14,793$11,228$4,097
24 years$30,402$23,454$17,881$13,492$10,092$3,487
25 years$28,875$22,010$16,561$12,321$9,081$2,970
26 years$27,468$20,686$15,359$11,266$8,180$2,531
27 years$26,168$19,468$14,263$10,312$7,375$2,158
28 years$24,962$18,345$13,259$9,448$6,655$1,841
29 years$23,842$17,306$12,339$8,664$6,009$1,570
30 years$22,798$16,344$11,493$7,951$5,429$1,340
31 years$21,824$15,450$10,715$7,303$4,909$1,144
32 years$20,912$14,619$9,997$6,711$4,440$977
33 years$20,058$13,845$9,334$6,172$4,018$834
34 years$19,255$13,122$8,721$5,679$3,638$712
35 years$18,500$12,446$8,154$5,227$3,295$608
36 years$17,788$11,813$7,628$4,814$2,986$520
37 years$17,117$11,219$7,139$4,436$2,706$444
38 years$16,482$10,662$6,686$4,089$2,453$379
39 years$15,881$10,139$6,264$3,770$2,225$324
40 years$15,312$9,646$5,871$3,477$2,018$277
41 years$14,772$9,182$5,505$3,208$1,831$237
42 years$14,259$8,745$5,164$2,961$1,661$202
43 years$13,771$8,332$4,846$2,733$1,508$173
44 years$13,307$7,942$4,549$2,524$1,368$148
45 years$12,865$7,574$4,271$2,331$1,242$126
46 years$12,443$7,225$4,011$2,153$1,128$108
47 years$12,040$6,895$3,769$1,989$1,024$92
48 years$11,655$6,582$3,541$1,838$930$79
49 years$11,287$6,286$3,329$1,698$845$67
50 years$10,935$6,004$3,130$1,570$767$57

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 $6,360 every year, while hoping to spend $25,864 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: 49/40/11 Blend
74$11,200,000$11,200,000$11,200,000$11,200,000
75$12,348,960$11,755,360$11,581,760$12,916,933
76$13,581,035$12,303,854$11,942,230$13,855,853
77$14,937,915$12,878,357$12,313,909$14,871,920
78$16,432,302$13,480,116$12,697,145$15,974,991
79$18,078,194$14,110,439$13,092,297$17,173,214
80$19,891,016$14,770,697$13,499,735$18,475,535
81$21,887,765$15,462,326$13,919,841$19,891,779
82$24,087,170$16,186,833$14,353,008$21,432,735
83$26,509,869$16,945,796$14,799,642$23,110,258
84$29,178,607$17,740,871$15,260,162$24,937,370
85$32,118,446$18,573,795$15,734,998$26,928,381
86$35,357,002$19,446,385$16,224,595$29,099,019
87$38,924,708$20,360,550$16,729,411$31,466,570
88$42,855,102$21,318,290$17,249,919$34,050,035
89$47,185,138$22,321,702$17,786,607$36,870,305
90$51,955,540$23,372,984$18,339,977$39,950,349
91$57,211,185$24,474,440$18,910,546$43,315,427
92$63,001,526$25,628,487$19,498,849$46,993,315
93$69,381,057$26,837,659$20,105,436$51,014,567
94$76,409,832$28,104,611$20,730,875$55,412,789
95$84,154,027$29,432,129$21,375,752$60,224,950
96$92,686,567$30,823,133$22,040,669$65,491,722
97$102,087,815$32,280,685$22,726,249$71,257,854
98$112,446,327$33,807,993$23,433,134$77,572,586
99$123,859,693$35,408,425$24,161,984$84,490,102
100$136,435,452$37,085,509$24,913,481$92,070,028