Can I retire at age 75 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$966,022
2 years$515,097$505,504$496,207$487,192$478,448$439,901
3 years$339,987$330,352$321,079$312,149$303,547$266,385
4 years$252,449$242,844$233,663$224,886$216,493$180,998
5 years$199,940$190,393$181,332$172,734$164,574$130,839
6 years$164,946$155,470$146,543$138,137$130,222$98,269
7 years$139,959$130,563$121,778$113,570$105,905$75,724
8 years$121,228$111,917$103,277$95,271$87,859$59,420
9 years$106,667$97,444$88,953$81,150$73,990$47,252
10 years$95,025$85,892$77,551$69,952$63,043$37,956
11 years$85,506$76,465$68,275$60,879$54,219$30,726
12 years$77,579$68,630$60,592$53,399$46,985$25,025
13 years$70,877$62,022$54,135$47,143$40,972$20,481
14 years$65,137$56,376$48,641$41,849$35,916$16,826
15 years$60,167$51,501$43,916$37,322$31,623$13,867
16 years$55,823$47,251$39,816$33,417$27,949$11,457
17 years$51,993$43,516$36,231$30,025$24,781$9,485
18 years$48,593$40,211$33,074$27,059$22,034$7,866
19 years$45,555$37,267$30,278$24,450$19,640$6,533
20 years$42,823$34,630$27,788$22,144$17,542$5,431
21 years$40,355$32,257$25,559$20,097$15,698$4,520
22 years$38,115$30,111$23,557$18,273$14,071$3,764
23 years$36,072$28,162$21,751$16,642$12,631$3,137
24 years$34,202$26,386$20,116$15,178$11,353$2,616
25 years$32,485$24,762$18,631$13,862$10,216$2,182
26 years$30,902$23,272$17,279$12,674$9,202$1,821
27 years$29,439$21,902$16,045$11,601$8,297$1,520
28 years$28,083$20,638$14,916$10,629$7,486$1,270
29 years$26,822$19,470$13,881$9,747$6,760$1,060
30 years$25,648$18,387$12,930$8,945$6,108$886
31 years$24,552$17,382$12,054$8,216$5,522$740
32 years$23,526$16,447$11,246$7,550$4,995$618
33 years$22,565$15,575$10,501$6,943$4,521$517
34 years$21,662$14,762$9,811$6,388$4,093$432
35 years$20,812$14,001$9,173$5,881$3,707$361
36 years$20,012$13,289$8,581$5,416$3,359$302
37 years$19,256$12,622$8,032$4,990$3,044$252
38 years$18,542$11,995$7,521$4,600$2,760$211
39 years$17,867$11,406$7,047$4,241$2,503$176
40 years$17,226$10,852$6,605$3,912$2,270$147
41 years$16,619$10,330$6,193$3,609$2,060$123
42 years$16,042$9,838$5,810$3,331$1,869$103
43 years$15,493$9,374$5,451$3,075$1,696$86
44 years$14,971$8,935$5,117$2,839$1,540$72
45 years$14,473$8,520$4,805$2,622$1,398$60
46 years$13,998$8,128$4,513$2,422$1,269$50
47 years$13,545$7,757$4,240$2,237$1,152$42
48 years$13,112$7,405$3,984$2,068$1,046$35
49 years$12,698$7,071$3,745$1,911$950$29
50 years$12,302$6,755$3,521$1,766$863$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,600,000, adding $5,986 every year, while hoping to spend $46,199 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: 87/8/5 Blend
74$12,600,000$12,600,000$12,600,000$12,600,000
75$13,891,375$13,223,575$13,028,275$15,100,592
76$15,259,139$13,822,374$13,415,566$16,487,407
77$16,764,868$14,448,967$13,814,284$18,004,343
78$18,422,583$15,104,665$14,224,762$19,670,050
79$20,247,738$15,790,846$14,647,343$21,499,475
80$22,257,360$16,508,949$15,082,381$23,509,084
81$24,470,210$17,260,487$15,530,240$25,717,009
82$26,906,963$18,047,042$15,991,294$28,143,225
83$29,590,399$18,870,273$16,465,929$30,809,731
84$32,545,622$19,731,919$16,954,540$33,740,761
85$35,800,293$20,633,801$17,457,534$36,963,010
86$39,384,894$21,577,828$17,975,333$40,505,883
87$43,333,013$22,566,001$18,508,366$44,401,774
88$47,681,662$23,600,416$19,057,078$48,686,365
89$52,471,626$24,683,272$19,621,925$53,398,970
90$57,747,850$25,816,870$20,203,377$58,582,893
91$63,559,858$27,003,624$20,801,918$64,285,845
92$69,962,225$28,246,063$21,418,044$70,560,387
93$77,015,091$29,546,839$22,052,267$77,464,426
94$84,784,725$30,908,730$22,705,113$85,061,758
95$93,344,156$32,334,647$23,377,124$93,422,672
96$102,773,858$33,827,642$24,068,855$102,624,605
97$113,162,511$35,390,916$24,780,881$112,752,877
98$124,607,836$37,027,819$25,513,789$123,901,490
99$137,217,520$38,741,868$26,268,187$136,174,015
100$151,110,233$40,536,745$27,044,697$149,684,565