Can I retire at age 75 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$933,143$924,831$916,722$908,807$901,078$883,607
2 years$461,952$453,349$445,011$436,926$429,085$411,554
3 years$304,909$296,268$287,951$279,943$272,229$255,185
4 years$226,403$217,789$209,555$201,683$194,156$177,731
5 years$179,311$170,749$162,623$154,912$147,594$131,834
6 years$147,927$139,429$131,424$123,884$116,786$101,708
7 years$125,519$117,093$109,214$101,852$94,979$80,586
8 years$108,720$100,370$92,622$85,441$78,794$65,083
9 years$95,662$87,390$79,775$72,777$66,356$53,318
10 years$85,221$77,030$69,550$62,734$56,538$44,162
11 years$76,684$68,575$61,231$54,598$48,625$36,894
12 years$69,575$61,550$54,341$47,890$42,137$31,036
13 years$63,564$55,623$48,550$42,279$36,745$26,254
14 years$58,417$50,560$43,622$37,531$32,210$22,312
15 years$53,959$46,187$39,385$33,471$28,360$19,033
16 years$50,063$42,376$35,708$29,970$25,065$16,288
17 years$46,629$39,027$32,493$26,927$22,224$13,976
18 years$43,580$36,062$29,662$24,267$19,761$12,019
19 years$40,855$33,422$27,154$21,927$17,613$10,356
20 years$38,405$31,057$24,921$19,859$15,732$8,937
21 years$36,192$28,929$22,922$18,024$14,079$7,724
22 years$34,182$27,004$21,126$16,388$12,620$6,683
23 years$32,350$25,256$19,506$14,925$11,328$5,788
24 years$30,673$23,664$18,040$13,612$10,182$5,018
25 years$29,133$22,207$16,709$12,431$9,162$4,353
26 years$27,714$20,871$15,497$11,367$8,253$3,779
27 years$26,402$19,642$14,390$10,404$7,441$3,282
28 years$25,185$18,509$13,377$9,532$6,714$2,853
29 years$24,055$17,461$12,449$8,741$6,063$2,480
30 years$23,002$16,490$11,596$8,022$5,478$2,157
31 years$22,019$15,588$10,810$7,368$4,953$1,876
32 years$21,099$14,750$10,086$6,771$4,480$1,633
33 years$20,237$13,968$9,417$6,227$4,054$1,421
34 years$19,427$13,239$8,799$5,729$3,671$1,237
35 years$18,665$12,557$8,227$5,274$3,325$1,078
36 years$17,947$11,918$7,696$4,857$3,012$938
37 years$17,269$11,320$7,203$4,475$2,730$817
38 years$16,629$10,758$6,745$4,125$2,475$712
39 years$16,023$10,229$6,320$3,803$2,245$620
40 years$15,449$9,732$5,923$3,508$2,036$541
41 years$14,904$9,264$5,554$3,237$1,847$471
42 years$14,387$8,823$5,210$2,987$1,676$410
43 years$13,894$8,407$4,889$2,757$1,521$358
44 years$13,426$8,013$4,589$2,546$1,381$312
45 years$12,980$7,641$4,309$2,351$1,253$272
46 years$12,554$7,290$4,047$2,172$1,138$237
47 years$12,148$6,956$3,802$2,007$1,033$206
48 years$11,759$6,641$3,573$1,854$938$180
49 years$11,388$6,342$3,358$1,714$852$157
50 years$11,033$6,058$3,157$1,584$774$137

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,300,000, adding $6,096 every year, while hoping to spend $23,457 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: 56/24/20 Blend
74$11,300,000$11,300,000$11,300,000$11,300,000
75$12,458,888$11,859,988$11,684,838$13,089,280
76$13,704,737$12,416,169$12,051,322$14,076,256
77$15,076,875$12,998,817$12,429,297$15,147,905
78$16,588,162$13,609,204$12,819,123$16,314,859
79$18,252,762$14,248,664$13,221,172$17,586,275
80$20,086,290$14,918,594$13,635,827$18,972,217
81$22,105,947$15,620,460$14,063,483$20,483,753
82$24,330,691$16,355,800$14,504,547$22,133,054
83$26,781,411$17,126,225$14,959,440$23,933,503
84$29,481,129$17,933,423$15,428,594$25,899,821
85$32,455,210$18,779,167$15,912,458$28,048,201
86$35,731,608$19,665,313$16,411,493$30,396,457
87$39,341,127$20,593,808$16,926,172$32,964,187
88$43,317,711$21,566,694$17,456,988$35,772,953
89$47,698,766$22,586,110$18,004,445$38,846,483
90$52,525,512$23,654,301$18,569,066$42,210,888
91$57,843,372$24,773,620$19,151,388$45,894,904
92$63,702,402$25,946,533$19,751,965$49,930,155
93$70,157,762$27,175,628$20,371,371$54,351,452
94$77,270,236$28,463,617$21,010,195$59,197,112
95$85,106,809$29,813,343$21,669,045$64,509,314
96$93,741,296$31,227,789$22,348,550$70,334,489
97$103,255,038$32,710,080$23,049,356$76,723,759
98$113,737,674$34,263,496$23,772,132$83,733,402
99$125,287,983$35,891,474$24,517,564$91,425,388
100$138,014,819$37,597,618$25,286,365$99,867,944