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%11%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$1,000,508
2 years$515,097$505,504$496,207$487,192$478,448$474,174
3 years$339,987$330,352$321,079$312,149$303,547$299,365
4 years$252,449$242,844$233,663$224,886$216,493$212,434
5 years$199,940$190,393$181,332$172,734$164,574$160,652
6 years$164,946$155,470$146,543$138,137$130,222$126,441
7 years$139,959$130,563$121,778$113,570$105,905$102,267
8 years$121,228$111,917$103,277$95,271$87,859$84,364
9 years$106,667$97,444$88,953$81,150$73,990$70,638
10 years$95,025$85,892$77,551$69,952$63,043$59,832
11 years$85,506$76,465$68,275$60,879$54,219$51,147
12 years$77,579$68,630$60,592$53,399$46,985$44,050
13 years$70,877$62,022$54,135$47,143$40,972$38,170
14 years$65,137$56,376$48,641$41,849$35,916$33,245
15 years$60,167$51,501$43,916$37,322$31,623$29,080
16 years$55,823$47,251$39,816$33,417$27,949$25,530
17 years$51,993$43,516$36,231$30,025$24,781$22,483
18 years$48,593$40,211$33,074$27,059$22,034$19,853
19 years$45,555$37,267$30,278$24,450$19,640$17,571
20 years$42,823$34,630$27,788$22,144$17,542$15,584
21 years$40,355$32,257$25,559$20,097$15,698$13,845
22 years$38,115$30,111$23,557$18,273$14,071$12,319
23 years$36,072$28,162$21,751$16,642$12,631$10,977
24 years$34,202$26,386$20,116$15,178$11,353$9,792
25 years$32,485$24,762$18,631$13,862$10,216$8,745
26 years$30,902$23,272$17,279$12,674$9,202$7,817
27 years$29,439$21,902$16,045$11,601$8,297$6,993
28 years$28,083$20,638$14,916$10,629$7,486$6,260
29 years$26,822$19,470$13,881$9,747$6,760$5,608
30 years$25,648$18,387$12,930$8,945$6,108$5,027
31 years$24,552$17,382$12,054$8,216$5,522$4,509
32 years$23,526$16,447$11,246$7,550$4,995$4,045
33 years$22,565$15,575$10,501$6,943$4,521$3,631
34 years$21,662$14,762$9,811$6,388$4,093$3,261
35 years$20,812$14,001$9,173$5,881$3,707$2,929
36 years$20,012$13,289$8,581$5,416$3,359$2,632
37 years$19,256$12,622$8,032$4,990$3,044$2,365
38 years$18,542$11,995$7,521$4,600$2,760$2,126
39 years$17,867$11,406$7,047$4,241$2,503$1,912
40 years$17,226$10,852$6,605$3,912$2,270$1,720
41 years$16,619$10,330$6,193$3,609$2,060$1,547
42 years$16,042$9,838$5,810$3,331$1,869$1,392
43 years$15,493$9,374$5,451$3,075$1,696$1,252
44 years$14,971$8,935$5,117$2,839$1,540$1,127
45 years$14,473$8,520$4,805$2,622$1,398$1,014
46 years$13,998$8,128$4,513$2,422$1,269$913
47 years$13,545$7,757$4,240$2,237$1,152$822
48 years$13,112$7,405$3,984$2,068$1,046$740
49 years$12,698$7,071$3,745$1,911$950$666
50 years$12,302$6,755$3,521$1,766$863$600

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 $2,340 every year, while hoping to spend $23,596 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: 44/47/9 Blend
74$12,600,000$12,600,000$12,600,000$12,600,000
75$13,887,614$13,219,814$13,024,514$14,462,895
76$15,279,044$13,842,479$13,435,729$15,484,765
77$16,811,610$14,494,863$13,859,929$16,589,034
78$18,499,682$15,178,399$14,297,524$17,785,311
79$20,359,095$15,894,587$14,748,937$19,082,053
80$22,407,301$16,644,999$15,214,605$20,488,538
81$24,663,529$17,431,287$15,694,977$22,014,947
82$27,148,968$18,255,179$16,190,518$23,672,448
83$29,886,969$19,118,490$16,701,707$25,473,304
84$32,903,264$20,023,120$17,229,038$27,430,975
85$36,226,208$20,971,063$17,773,021$29,560,238
86$39,887,046$21,964,411$18,334,183$31,877,326
87$43,920,211$23,005,354$18,913,064$34,400,065
88$48,363,647$24,096,190$19,510,226$37,148,037
89$53,259,166$25,239,330$20,126,246$40,142,759
90$58,652,844$26,437,301$20,761,719$43,407,874
91$64,595,457$27,692,751$21,417,259$46,969,364
92$71,142,957$29,008,459$22,093,500$50,855,789
93$78,357,003$30,387,338$22,791,097$55,098,543
94$86,305,541$31,832,442$23,510,723$59,732,141
95$95,063,449$33,346,974$24,253,074$64,794,533
96$104,713,237$34,934,292$25,018,869$70,327,450
97$115,345,834$36,597,919$25,808,847$76,376,785
98$127,061,438$38,341,546$26,623,773$82,993,016
99$139,970,469$40,169,047$27,464,434$90,231,665
100$154,194,608$42,084,481$28,331,643$98,153,809