Can I retire at age 75 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$957,917$949,385$941,060$932,934$925,000$918,786
2 years$474,216$465,385$456,825$448,526$440,476$434,209
3 years$313,004$304,134$295,596$287,375$279,456$273,330
4 years$232,413$223,571$215,118$207,038$199,311$193,372
5 years$184,072$175,282$166,941$159,025$151,513$145,780
6 years$151,855$143,131$134,913$127,173$119,887$114,367
7 years$128,851$120,201$112,113$104,556$97,500$92,196
8 years$111,607$103,035$95,081$87,710$80,886$75,798
9 years$98,201$89,710$81,893$74,709$68,118$63,244
10 years$87,483$79,075$71,396$64,400$58,040$53,378
11 years$78,720$70,396$62,856$56,047$49,916$45,463
12 years$71,422$63,184$55,783$49,161$43,256$39,008
13 years$65,252$57,100$49,839$43,402$37,720$33,672
14 years$59,968$51,902$44,780$38,527$33,065$29,213
15 years$55,392$47,413$40,431$34,360$29,113$25,451
16 years$51,392$43,501$36,656$30,765$25,730$22,254
17 years$47,867$40,063$33,356$27,642$22,814$19,517
18 years$44,737$37,020$30,449$24,911$20,285$17,162
19 years$41,939$34,309$27,875$22,509$18,081$15,125
20 years$39,425$31,882$25,582$20,387$16,150$13,356
21 years$37,153$29,697$23,531$18,502$14,453$11,813
22 years$35,090$27,721$21,687$16,823$12,955$10,465
23 years$33,209$25,927$20,024$15,321$11,629$9,282
24 years$31,488$24,292$18,519$13,973$10,452$8,243
25 years$29,907$22,797$17,152$12,761$9,405$7,327
26 years$28,449$21,425$15,908$11,668$8,472$6,519
27 years$27,102$20,164$14,772$10,680$7,638$5,805
28 years$25,854$19,000$13,732$9,785$6,892$5,172
29 years$24,694$17,924$12,779$8,973$6,223$4,611
30 years$23,613$16,928$11,903$8,235$5,623$4,113
31 years$22,603$16,002$11,097$7,564$5,084$3,671
32 years$21,659$15,141$10,354$6,951$4,599$3,278
33 years$20,774$14,339$9,667$6,392$4,162$2,928
34 years$19,943$13,590$9,033$5,881$3,768$2,616
35 years$19,160$12,890$8,445$5,414$3,413$2,338
36 years$18,423$12,235$7,900$4,986$3,092$2,090
37 years$17,728$11,620$7,394$4,594$2,803$1,869
38 years$17,071$11,043$6,924$4,235$2,541$1,672
39 years$16,449$10,501$6,487$3,904$2,304$1,496
40 years$15,859$9,991$6,081$3,601$2,090$1,338
41 years$15,300$9,510$5,702$3,323$1,896$1,198
42 years$14,768$9,057$5,348$3,066$1,720$1,072
43 years$14,263$8,630$5,019$2,831$1,561$959
44 years$13,782$8,226$4,711$2,614$1,417$859
45 years$13,324$7,844$4,423$2,414$1,287$769
46 years$12,887$7,483$4,155$2,230$1,168$689
47 years$12,470$7,141$3,903$2,060$1,061$617
48 years$12,072$6,817$3,668$1,903$963$552
49 years$11,690$6,510$3,448$1,759$875$494
50 years$11,326$6,219$3,241$1,626$795$443

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,600,000, adding $5,550 every year, while hoping to spend $57,046 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: 45/42/13 Blend
74$11,600,000$11,600,000$11,600,000$11,600,000
75$12,788,925$12,174,125$11,994,325$13,316,796
76$14,032,699$12,709,960$12,335,438$14,220,197
77$15,401,425$13,270,140$12,686,067$15,192,997
78$16,907,790$13,855,796$13,046,470$16,246,593
79$18,565,770$14,468,115$13,416,911$17,388,475
80$20,390,765$15,108,340$13,797,665$18,626,865
81$22,399,746$15,777,771$14,189,009$19,970,789
82$24,611,409$16,477,771$14,591,230$21,430,158
83$27,046,360$17,209,769$15,004,623$23,015,858
84$29,727,299$17,975,258$15,429,489$24,739,846
85$32,679,245$18,775,807$15,866,138$26,615,261
86$35,929,761$19,613,055$16,314,886$28,656,537
87$39,509,223$20,488,720$16,776,061$30,879,539
88$43,451,100$21,404,604$17,249,996$33,301,702
89$47,792,275$22,362,593$17,737,034$35,942,194
90$52,573,389$23,364,661$18,237,526$38,822,086
91$57,839,224$24,412,880$18,751,833$41,964,547
92$63,639,131$25,509,416$19,280,325$45,395,053
93$70,027,487$26,656,543$19,823,381$49,141,625
94$77,064,216$27,856,639$20,381,390$53,235,078
95$84,815,351$29,112,199$20,954,751$57,709,311
96$93,353,655$30,425,834$21,543,873$62,601,613
97$102,759,310$31,800,283$22,149,175$67,953,009
98$113,120,675$33,238,412$22,771,088$73,808,638
99$124,535,117$34,743,227$23,410,052$80,218,167
100$137,109,930$36,317,877$24,066,520$87,236,252