Can I retire at age 75 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$974,433$965,753$957,285$949,019$940,949$911,193
2 years$482,393$473,408$464,701$456,259$448,071$418,362
3 years$318,401$309,378$300,693$292,330$284,274$255,545
4 years$236,421$227,425$218,827$210,607$202,747$175,217
5 years$187,245$178,304$169,819$161,766$154,125$127,868
6 years$154,473$145,599$137,239$129,366$121,954$96,992
7 years$131,073$122,274$114,046$106,359$99,181$75,513
8 years$113,531$104,811$96,720$89,222$82,280$59,890
9 years$99,894$91,257$83,305$75,997$69,292$48,153
10 years$88,992$80,438$72,627$65,510$59,040$39,122
11 years$80,077$71,610$63,940$57,014$50,777$32,043
12 years$72,653$64,273$56,745$50,009$44,002$26,412
13 years$66,377$58,084$50,698$44,150$38,370$21,883
14 years$61,001$52,797$45,552$39,192$33,635$18,205
15 years$56,347$48,231$41,128$34,952$29,615$15,197
16 years$52,278$44,251$37,288$31,296$26,174$12,720
17 years$48,692$40,753$33,931$28,119$23,208$10,672
18 years$45,508$37,658$30,974$25,341$20,635$8,970
19 years$42,662$34,901$28,356$22,898$18,393$7,552
20 years$40,104$32,432$26,023$20,738$16,429$6,366
21 years$37,793$30,209$23,936$18,821$14,702$5,372
22 years$35,695$28,199$22,061$17,113$13,178$4,538
23 years$33,782$26,374$20,370$15,585$11,829$3,836
24 years$32,031$24,711$18,838$14,214$10,633$3,244
25 years$30,422$23,190$17,448$12,981$9,568$2,746
26 years$28,940$21,795$16,182$11,870$8,618$2,325
27 years$27,570$20,511$15,027$10,864$7,770$1,969
28 years$26,300$19,328$13,969$9,954$7,011$1,669
29 years$25,119$18,233$13,000$9,128$6,331$1,414
30 years$24,020$17,219$12,109$8,377$5,720$1,199
31 years$22,993$16,278$11,289$7,694$5,172$1,017
32 years$22,033$15,402$10,532$7,071$4,678$862
33 years$21,132$14,586$9,834$6,502$4,234$731
34 years$20,286$13,825$9,188$5,983$3,833$621
35 years$19,491$13,112$8,591$5,507$3,472$526
36 years$18,741$12,446$8,036$5,072$3,146$447
37 years$18,034$11,820$7,522$4,673$2,851$379
38 years$17,365$11,234$7,044$4,308$2,585$322
39 years$16,732$10,682$6,599$3,972$2,344$273
40 years$16,132$10,163$6,186$3,663$2,126$232
41 years$15,564$9,674$5,800$3,380$1,929$197
42 years$15,023$9,213$5,441$3,119$1,750$167
43 years$14,509$8,779$5,105$2,879$1,588$142
44 years$14,020$8,368$4,792$2,659$1,442$120
45 years$13,554$7,979$4,500$2,455$1,309$102
46 years$13,109$7,612$4,226$2,268$1,188$87
47 years$12,685$7,264$3,971$2,095$1,079$74
48 years$12,280$6,935$3,731$1,936$980$62
49 years$11,892$6,622$3,507$1,789$890$53
50 years$11,521$6,326$3,297$1,654$808$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,800,000, adding $5,807 every year, while hoping to spend $38,423 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: 51/27/22 Blend
74$11,800,000$11,800,000$11,800,000$11,800,000
75$13,009,590$12,384,190$12,201,290$13,592,996
76$14,295,686$12,950,133$12,569,151$14,563,145
77$15,711,677$13,542,520$12,948,048$15,612,985
78$17,270,770$14,162,606$13,338,310$16,753,683
79$18,987,520$14,811,706$13,740,275$17,993,870
80$20,877,966$15,491,198$14,154,293$19,343,029
81$22,959,779$16,202,527$14,580,723$20,811,583
82$25,252,434$16,947,208$15,019,934$22,410,989
83$27,777,388$17,726,827$15,472,307$24,153,844
84$30,558,287$18,543,047$15,938,236$26,053,997
85$33,621,188$19,397,612$16,418,122$28,126,679
86$36,994,802$20,292,348$16,912,382$30,388,637
87$40,710,768$21,229,170$17,421,443$32,858,293
88$44,803,952$22,210,085$17,945,747$35,555,912
89$49,312,773$23,237,196$18,485,747$38,503,783
90$54,279,565$24,312,708$19,041,909$41,726,432
91$59,750,983$25,438,933$19,614,715$45,250,842
92$65,778,434$26,618,292$20,204,660$49,106,704
93$72,418,571$27,853,325$20,812,252$53,326,694
94$79,733,819$29,146,692$21,438,017$57,946,769
95$87,792,973$30,501,183$22,082,494$63,006,505
96$96,671,838$31,919,724$22,746,240$68,549,463
97$106,453,954$33,405,378$23,429,827$74,623,590
98$117,231,375$34,961,359$24,133,844$81,281,669
99$129,105,545$36,591,036$24,858,898$88,581,804
100$142,188,253$38,297,939$25,605,613$96,587,965