Can I retire at age 75 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$941,401$933,016$924,835$916,849$909,052$886,716
2 years$466,040$457,361$448,949$440,793$432,882$410,517
3 years$307,607$298,890$290,500$282,420$274,638$252,943
4 years$228,406$219,716$211,409$203,468$195,874$175,016
5 years$180,898$172,260$164,062$156,283$148,900$128,937
6 years$149,236$140,663$132,587$124,981$117,820$98,771
7 years$126,630$118,129$110,180$102,754$95,819$77,688
8 years$109,682$101,258$93,442$86,197$79,491$62,269
9 years$96,508$88,163$80,481$73,421$66,943$50,616
10 years$85,975$77,712$70,165$63,290$57,039$41,588
11 years$77,362$69,182$61,772$55,081$49,055$34,458
12 years$70,191$62,094$54,821$48,313$42,510$28,743
13 years$64,127$56,115$48,979$42,653$37,070$24,105
14 years$58,934$51,007$44,008$37,863$32,495$20,304
15 years$54,437$46,596$39,733$33,767$28,611$17,165
16 years$50,506$42,751$36,024$30,235$25,287$14,554
17 years$47,042$39,372$32,781$27,166$22,421$12,372
18 years$43,965$36,381$29,924$24,482$19,936$10,538
19 years$41,216$33,718$27,394$22,121$17,769$8,993
20 years$38,745$31,332$25,141$20,035$15,872$7,685
21 years$36,512$29,185$23,125$18,183$14,203$6,576
22 years$34,485$27,243$21,313$16,533$12,731$5,633
23 years$32,637$25,480$19,679$15,057$11,428$4,830
24 years$30,945$23,873$18,200$13,733$10,272$4,144
25 years$29,391$22,404$16,857$12,541$9,243$3,558
26 years$27,959$21,056$15,634$11,467$8,326$3,057
27 years$26,635$19,816$14,517$10,496$7,507$2,627
28 years$25,408$18,672$13,496$9,617$6,773$2,259
29 years$24,268$17,615$12,559$8,819$6,116$1,943
30 years$23,205$16,636$11,698$8,093$5,526$1,672
31 years$22,214$15,726$10,906$7,433$4,996$1,439
32 years$21,286$14,880$10,175$6,831$4,520$1,239
33 years$20,416$14,092$9,501$6,282$4,090$1,067
34 years$19,599$13,356$8,877$5,780$3,703$919
35 years$18,830$12,668$8,299$5,321$3,354$791
36 years$18,106$12,024$7,764$4,900$3,039$682
37 years$17,422$11,420$7,267$4,515$2,754$587
38 years$16,776$10,853$6,805$4,162$2,497$506
39 years$16,165$10,320$6,376$3,837$2,264$436
40 years$15,586$9,819$5,976$3,539$2,054$376
41 years$15,036$9,346$5,603$3,265$1,863$324
42 years$14,514$8,901$5,256$3,014$1,691$279
43 years$14,017$8,481$4,932$2,782$1,535$240
44 years$13,545$8,084$4,630$2,569$1,393$207
45 years$13,095$7,709$4,347$2,372$1,264$179
46 years$12,665$7,354$4,083$2,191$1,148$154
47 years$12,255$7,018$3,836$2,024$1,043$133
48 years$11,863$6,700$3,605$1,871$947$114
49 years$11,489$6,398$3,388$1,729$860$99
50 years$11,130$6,111$3,185$1,598$781$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,400,000, adding $2,232 every year, while hoping to spend $24,393 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: 83/7/10 Blend
74$11,400,000$11,400,000$11,400,000$11,400,000
75$12,565,102$11,960,902$11,784,202$13,588,772
76$13,820,789$12,521,033$12,153,019$14,819,130
77$15,203,738$13,107,792$12,533,374$16,166,528
78$16,726,904$13,722,459$12,925,627$17,645,459
79$18,404,564$14,366,374$13,330,151$19,269,117
80$20,252,447$15,040,945$13,747,329$21,052,033
81$22,287,889$15,747,644$14,177,557$23,010,212
82$24,529,992$16,488,016$14,621,243$25,161,282
83$26,999,804$17,263,682$15,078,808$27,524,656
84$29,720,522$18,076,340$15,550,685$30,121,723
85$32,717,704$18,927,770$16,037,322$32,976,036
86$36,019,519$19,819,839$16,539,181$36,113,544
87$39,657,004$20,754,505$17,056,738$39,562,830
88$43,664,362$21,733,820$17,590,483$43,355,379
89$48,079,285$22,759,935$18,140,922$47,525,877
90$52,943,306$23,835,106$18,708,577$52,112,531
91$58,302,195$24,961,698$19,293,986$57,157,436
92$64,206,390$26,142,192$19,897,705$62,706,964
93$70,711,469$27,379,187$20,520,306$68,812,200
94$77,878,681$28,675,410$21,162,379$75,529,429
95$85,775,521$30,033,718$21,824,532$82,920,657
96$94,476,364$31,457,110$22,507,394$91,054,198
97$104,063,172$32,948,728$23,211,611$100,005,318
98$114,626,267$34,511,868$23,937,852$109,856,941
99$126,265,181$36,149,983$24,686,804$120,700,428
100$139,089,595$37,866,698$25,459,177$132,636,442