Can I retire at age 75 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$966,175$957,569$949,172$940,977$932,974$922,081
2 years$478,304$469,397$460,763$452,393$444,274$433,309
3 years$315,702$306,756$298,144$289,852$281,865$271,170
4 years$234,417$225,498$216,973$208,822$201,029$190,685
5 years$185,659$176,793$168,380$160,396$152,819$142,856
6 years$153,164$144,365$136,076$128,270$120,920$111,352
7 years$129,962$121,237$113,080$105,458$98,341$89,170
8 years$112,569$103,923$95,901$88,466$81,583$72,809
9 years$99,048$90,484$82,599$75,353$68,705$60,324
10 years$88,237$79,757$72,012$64,955$58,540$50,547
11 years$79,398$71,003$63,398$56,530$50,346$42,735
12 years$72,038$63,728$56,264$49,585$43,629$36,390
13 years$65,814$57,592$50,268$43,776$38,045$31,170
14 years$60,484$52,349$45,166$38,859$33,350$26,829
15 years$55,870$47,822$40,779$34,656$29,364$23,187
16 years$51,835$43,876$36,972$31,030$25,952$20,107
17 years$48,280$40,408$33,643$27,881$23,011$17,488
18 years$45,122$37,339$30,712$25,126$20,460$15,247
19 years$42,301$34,605$28,115$22,704$18,237$13,321
20 years$39,765$32,157$25,803$20,562$16,289$11,660
21 years$37,473$29,953$23,734$18,662$14,577$10,223
22 years$35,392$27,960$21,874$16,968$13,066$8,974
23 years$33,495$26,150$20,197$15,453$11,729$7,888
24 years$31,759$24,501$18,679$14,094$10,542$6,940
25 years$30,164$22,993$17,300$12,871$9,487$6,112
26 years$28,695$21,610$16,045$11,769$8,545$5,387
27 years$27,336$20,337$14,899$10,772$7,704$4,751
28 years$26,077$19,164$13,851$9,870$6,952$4,193
29 years$24,906$18,079$12,889$9,051$6,277$3,702
30 years$23,816$17,074$12,006$8,306$5,672$3,270
31 years$22,798$16,140$11,193$7,629$5,128$2,890
32 years$21,846$15,272$10,443$7,011$4,638$2,555
33 years$20,953$14,463$9,751$6,447$4,198$2,260
34 years$20,114$13,707$9,111$5,932$3,801$1,999
35 years$19,326$13,001$8,518$5,461$3,442$1,769
36 years$18,582$12,340$7,968$5,029$3,119$1,565
37 years$17,881$11,720$7,458$4,634$2,827$1,386
38 years$17,218$11,138$6,984$4,271$2,563$1,227
39 years$16,590$10,592$6,543$3,938$2,324$1,086
40 years$15,996$10,077$6,133$3,632$2,108$962
41 years$15,432$9,592$5,751$3,351$1,912$852
42 years$14,896$9,135$5,395$3,093$1,735$755
43 years$14,386$8,704$5,062$2,855$1,575$669
44 years$13,901$8,297$4,752$2,636$1,430$592
45 years$13,439$7,912$4,462$2,435$1,298$525
46 years$12,998$7,548$4,190$2,249$1,178$465
47 years$12,578$7,203$3,937$2,078$1,070$412
48 years$12,176$6,876$3,700$1,920$972$365
49 years$11,791$6,566$3,477$1,774$883$324
50 years$11,423$6,272$3,269$1,640$802$287

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,700,000, adding $3,607 every year, while hoping to spend $31,266 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: 43/31/26 Blend
74$11,700,000$11,700,000$11,700,000$11,700,000
75$12,897,121$12,277,021$12,095,671$13,353,769
76$14,179,360$12,845,328$12,467,609$14,248,629
77$15,591,340$13,440,434$12,850,959$15,214,314
78$17,146,261$14,063,620$13,246,071$16,260,026
79$18,858,669$14,716,227$13,653,303$17,393,192
80$20,744,593$15,399,661$14,073,028$18,621,964
81$22,821,695$16,115,398$14,505,628$19,955,294
82$25,109,437$16,864,981$14,951,496$21,403,013
83$27,629,266$17,650,033$15,411,038$22,975,919
84$30,404,817$18,472,249$15,884,673$24,685,877
85$33,462,130$19,333,412$16,372,832$26,545,921
86$36,829,904$20,235,386$16,875,958$28,570,376
87$40,539,763$21,180,128$17,394,511$30,774,987
88$44,626,552$22,169,688$17,928,961$33,177,061
89$49,128,674$23,206,216$18,479,795$35,795,622
90$54,088,444$24,291,966$19,047,513$38,651,592
91$59,552,493$25,429,300$19,632,633$41,767,973
92$65,572,207$26,620,695$20,235,685$45,170,063
93$72,204,210$27,868,747$20,857,218$48,885,687
94$79,510,901$29,176,178$21,497,797$52,945,449
95$87,561,044$30,545,842$22,158,005$57,383,020
96$96,430,413$31,980,730$22,838,440$62,235,438
97$106,202,509$33,483,979$23,539,721$67,543,458
98$116,969,348$35,058,878$24,262,485$73,351,924
99$128,832,332$36,708,873$25,007,389$79,710,183
100$141,903,202$38,437,580$25,775,108$86,672,542