Can I retire at age 75 with 12,000,000?

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$990,949$982,122$973,510$965,105$956,897$934,523
2 years$490,569$481,432$472,578$463,993$455,665$433,251
3 years$323,797$314,621$305,789$297,285$289,093$267,339
4 years$240,428$231,280$222,536$214,177$206,183$185,257
5 years$190,419$181,326$172,697$164,508$156,737$136,697
6 years$157,091$148,067$139,565$131,559$124,021$104,887
7 years$133,294$124,346$115,979$108,162$100,862$82,638
8 years$115,455$106,588$98,360$90,734$83,675$66,353
9 years$101,588$92,804$84,717$77,285$70,466$54,034
10 years$90,500$81,802$73,858$66,621$60,041$44,479
11 years$81,434$72,823$65,024$57,980$51,637$36,924
12 years$73,885$65,362$57,707$50,856$44,748$30,860
13 years$67,502$59,068$51,557$44,898$39,021$25,932
14 years$62,035$53,692$46,324$39,856$34,205$21,888
15 years$57,302$49,048$41,825$35,544$30,117$18,543
16 years$53,165$45,001$37,920$31,826$26,618$15,756
17 years$49,518$41,444$34,506$28,595$23,601$13,423
18 years$46,279$38,296$31,499$25,770$20,985$11,459
19 years$43,385$35,493$28,836$23,286$18,704$9,800
20 years$40,784$32,981$26,464$21,090$16,707$8,394
21 years$38,434$30,721$24,342$19,140$14,951$7,199
22 years$36,300$28,677$22,435$17,403$13,401$6,181
23 years$34,354$26,821$20,715$15,849$12,030$5,312
24 years$32,574$25,129$19,158$14,455$10,813$4,569
25 years$30,938$23,583$17,744$13,201$9,730$3,932
26 years$29,430$22,164$16,457$12,071$8,764$3,386
27 years$28,037$20,859$15,281$11,049$7,902$2,918
28 years$26,745$19,655$14,206$10,123$7,130$2,515
29 years$25,545$18,542$13,220$9,283$6,438$2,169
30 years$24,427$17,511$12,314$8,519$5,817$1,871
31 years$23,383$16,554$11,480$7,824$5,259$1,614
32 years$22,406$15,663$10,711$7,191$4,757$1,393
33 years$21,490$14,834$10,001$6,613$4,305$1,202
34 years$20,630$14,059$9,344$6,084$3,898$1,038
35 years$19,821$13,335$8,736$5,601$3,531$896
36 years$19,059$12,656$8,172$5,158$3,199$774
37 years$18,339$12,021$7,649$4,753$2,899$669
38 years$17,659$11,424$7,163$4,381$2,629$577
39 years$17,016$10,863$6,711$4,039$2,384$499
40 years$16,406$10,335$6,290$3,725$2,162$431
41 years$15,827$9,838$5,898$3,437$1,961$372
42 years$15,278$9,370$5,533$3,172$1,780$322
43 years$14,755$8,927$5,192$2,928$1,615$278
44 years$14,258$8,510$4,873$2,704$1,466$240
45 years$13,784$8,115$4,576$2,497$1,331$208
46 years$13,332$7,741$4,298$2,307$1,209$179
47 years$12,900$7,387$4,038$2,131$1,097$155
48 years$12,488$7,052$3,794$1,969$997$134
49 years$12,094$6,735$3,567$1,820$905$116
50 years$11,716$6,433$3,353$1,682$822$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,000,000, adding $2,025 every year, while hoping to spend $39,860 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: 36/42/22 Blend
74$12,000,000$12,000,000$12,000,000$12,000,000
75$13,226,089$12,590,089$12,404,089$13,614,178
76$14,532,739$13,164,592$12,777,215$14,473,382
77$15,971,332$13,765,911$13,161,505$15,396,492
78$17,555,283$14,395,316$13,557,291$16,392,259
79$19,299,376$15,054,140$13,964,914$17,467,214
80$21,219,900$15,743,781$14,384,726$18,628,514
81$23,334,805$16,465,701$14,817,090$19,884,007
82$25,663,870$17,221,436$15,262,378$21,242,301
83$28,228,891$18,012,592$15,720,973$22,712,839
84$31,053,884$18,840,855$16,193,272$24,305,980
85$34,165,314$19,707,991$16,679,681$26,033,095
86$37,592,345$20,615,851$17,180,618$27,906,664
87$41,367,110$21,566,374$17,696,515$29,940,387
88$45,525,022$22,561,594$18,227,816$32,149,312
89$50,105,104$23,603,641$18,774,977$34,549,960
90$55,150,354$24,694,749$19,338,468$37,160,482
91$60,708,157$25,837,259$19,918,774$40,000,818
92$66,830,729$27,033,624$20,516,393$43,092,878
93$73,575,609$28,286,418$21,131,838$46,460,738
94$81,006,204$29,598,334$21,765,636$50,130,861
95$89,192,384$30,972,200$22,418,333$54,132,335
96$98,211,147$32,410,977$23,090,486$58,497,138
97$108,147,339$33,917,771$23,782,673$63,260,430
98$119,094,460$35,495,834$24,495,485$68,460,874
99$131,155,545$37,148,580$25,229,534$74,140,985
100$144,444,134$38,879,584$25,985,447$80,347,528