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

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$924,886$916,647$908,609$900,764$893,104$867,995
2 years$457,864$449,337$441,073$433,060$425,287$400,182
3 years$302,211$293,647$285,403$277,466$269,820$245,504
4 years$224,399$215,861$207,700$199,898$192,438$169,099
5 years$177,725$169,238$161,184$153,541$146,288$123,989
6 years$146,618$138,195$130,261$122,788$115,753$94,515
7 years$124,408$116,056$108,247$100,951$94,138$73,962
8 years$107,758$99,482$91,802$84,685$78,097$58,971
9 years$94,815$86,617$79,069$72,133$65,769$47,675
10 years$84,467$76,348$68,934$62,179$56,038$38,952
11 years$76,005$67,969$60,689$54,115$48,195$32,089
12 years$68,959$61,005$53,860$47,466$41,764$26,609
13 years$63,002$55,131$48,120$41,905$36,419$22,180
14 years$57,900$50,112$43,236$37,199$31,925$18,568
15 years$53,482$45,778$39,036$33,175$28,109$15,598
16 years$49,620$42,001$35,392$29,704$24,843$13,141
17 years$46,216$38,681$32,205$26,689$22,028$11,098
18 years$43,194$35,743$29,399$24,052$19,586$9,391
19 years$40,493$33,126$26,914$21,733$17,457$7,959
20 years$38,065$30,783$24,700$19,684$15,593$6,756
21 years$35,871$28,673$22,719$17,864$13,954$5,741
22 years$33,880$26,765$20,939$16,243$12,508$4,883
23 years$32,064$25,033$19,334$14,793$11,228$4,157
24 years$30,402$23,454$17,881$13,492$10,092$3,542
25 years$28,875$22,010$16,561$12,321$9,081$3,019
26 years$27,468$20,686$15,359$11,266$8,180$2,575
27 years$26,168$19,468$14,263$10,312$7,375$2,197
28 years$24,962$18,345$13,259$9,448$6,655$1,875
29 years$23,842$17,306$12,339$8,664$6,009$1,601
30 years$22,798$16,344$11,493$7,951$5,429$1,368
31 years$21,824$15,450$10,715$7,303$4,909$1,168
32 years$20,912$14,619$9,997$6,711$4,440$998
33 years$20,058$13,845$9,334$6,172$4,018$853
34 years$19,255$13,122$8,721$5,679$3,638$729
35 years$18,500$12,446$8,154$5,227$3,295$623
36 years$17,788$11,813$7,628$4,814$2,986$533
37 years$17,117$11,219$7,139$4,436$2,706$456
38 years$16,482$10,662$6,686$4,089$2,453$390
39 years$15,881$10,139$6,264$3,770$2,225$333
40 years$15,312$9,646$5,871$3,477$2,018$285
41 years$14,772$9,182$5,505$3,208$1,831$244
42 years$14,259$8,745$5,164$2,961$1,661$208
43 years$13,771$8,332$4,846$2,733$1,508$178
44 years$13,307$7,942$4,549$2,524$1,368$152
45 years$12,865$7,574$4,271$2,331$1,242$130
46 years$12,443$7,225$4,011$2,153$1,128$111
47 years$12,040$6,895$3,769$1,989$1,024$95
48 years$11,655$6,582$3,541$1,838$930$82
49 years$11,287$6,286$3,329$1,698$845$70
50 years$10,935$6,004$3,130$1,570$767$60

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 $4,998 every year, while hoping to spend $25,851 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: 71/18/11 Blend
74$11,200,000$11,200,000$11,200,000$11,200,000
75$12,347,555$11,753,955$11,580,355$13,196,431
76$13,579,501$12,302,394$11,940,792$14,307,636
77$14,936,238$12,876,840$12,312,437$15,519,965
78$16,430,469$13,478,539$12,695,638$16,846,334
79$18,076,190$14,108,801$13,090,755$18,297,982
80$19,888,823$14,768,994$13,498,157$19,887,277
81$21,885,364$15,460,555$13,918,226$21,627,830
82$24,084,540$16,184,992$14,351,356$23,534,624
83$26,506,989$16,943,882$14,797,952$25,624,150
84$29,175,451$17,738,881$15,258,433$27,914,561
85$32,114,986$18,571,725$15,733,229$30,425,840
86$35,353,208$19,444,233$16,222,785$33,179,990
87$38,920,547$20,358,313$16,727,561$36,201,229
88$42,850,536$21,315,963$17,248,027$39,516,227
89$47,180,127$22,319,281$17,784,672$43,154,348
90$51,950,039$23,370,466$18,337,998$47,147,922
91$57,205,145$24,471,821$18,908,523$51,532,554
92$62,994,892$25,625,762$19,496,781$56,347,448
93$69,373,770$26,834,824$20,103,323$61,635,781
94$76,401,826$28,101,661$20,728,715$67,445,099
95$84,145,230$29,429,060$21,373,544$73,827,768
96$92,676,899$30,819,939$22,038,413$80,841,460
97$102,077,187$32,277,361$22,723,944$88,549,695
98$112,434,642$33,804,534$23,430,779$97,022,434
99$123,846,844$35,404,824$24,159,578$106,336,735
100$136,421,322$37,081,761$24,911,024$116,577,476