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%13.4%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$990,545
2 years$515,097$505,504$496,207$487,192$478,448$464,173
3 years$339,987$330,352$321,079$312,149$303,547$289,637
4 years$252,449$242,844$233,663$224,886$216,493$203,054
5 years$199,940$190,393$181,332$172,734$164,574$151,647
6 years$164,946$155,470$146,543$138,137$130,222$117,821
7 years$139,959$130,563$121,778$113,570$105,905$94,035
8 years$121,228$111,917$103,277$95,271$87,859$76,518
9 years$106,667$97,444$88,953$81,150$73,990$63,173
10 years$95,025$85,892$77,551$69,952$63,043$52,742
11 years$85,506$76,465$68,275$60,879$54,219$44,424
12 years$77,579$68,630$60,592$53,399$46,985$37,684
13 years$70,877$62,022$54,135$47,143$40,972$32,152
14 years$65,137$56,376$48,641$41,849$35,916$27,564
15 years$60,167$51,501$43,916$37,322$31,623$23,725
16 years$55,823$47,251$39,816$33,417$27,949$20,489
17 years$51,993$43,516$36,231$30,025$24,781$17,744
18 years$48,593$40,211$33,074$27,059$22,034$15,404
19 years$45,555$37,267$30,278$24,450$19,640$13,400
20 years$42,823$34,630$27,788$22,144$17,542$11,677
21 years$40,355$32,257$25,559$20,097$15,698$10,191
22 years$38,115$30,111$23,557$18,273$14,071$8,906
23 years$36,072$28,162$21,751$16,642$12,631$7,792
24 years$34,202$26,386$20,116$15,178$11,353$6,824
25 years$32,485$24,762$18,631$13,862$10,216$5,981
26 years$30,902$23,272$17,279$12,674$9,202$5,247
27 years$29,439$21,902$16,045$11,601$8,297$4,605
28 years$28,083$20,638$14,916$10,629$7,486$4,044
29 years$26,822$19,470$13,881$9,747$6,760$3,554
30 years$25,648$18,387$12,930$8,945$6,108$3,124
31 years$24,552$17,382$12,054$8,216$5,522$2,747
32 years$23,526$16,447$11,246$7,550$4,995$2,417
33 years$22,565$15,575$10,501$6,943$4,521$2,126
34 years$21,662$14,762$9,811$6,388$4,093$1,872
35 years$20,812$14,001$9,173$5,881$3,707$1,648
36 years$20,012$13,289$8,581$5,416$3,359$1,451
37 years$19,256$12,622$8,032$4,990$3,044$1,278
38 years$18,542$11,995$7,521$4,600$2,760$1,126
39 years$17,867$11,406$7,047$4,241$2,503$992
40 years$17,226$10,852$6,605$3,912$2,270$874
41 years$16,619$10,330$6,193$3,609$2,060$770
42 years$16,042$9,838$5,810$3,331$1,869$678
43 years$15,493$9,374$5,451$3,075$1,696$598
44 years$14,971$8,935$5,117$2,839$1,540$527
45 years$14,473$8,520$4,805$2,622$1,398$464
46 years$13,998$8,128$4,513$2,422$1,269$409
47 years$13,545$7,757$4,240$2,237$1,152$361
48 years$13,112$7,405$3,984$2,068$1,046$318
49 years$12,698$7,071$3,745$1,911$950$280
50 years$12,302$6,755$3,521$1,766$863$247

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 $4,453 every year, while hoping to spend $20,884 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: 69/25/6 Blend
74$12,600,000$12,600,000$12,600,000$12,600,000
75$13,889,793$13,221,993$13,026,693$14,836,385
76$15,284,332$13,847,651$13,440,867$16,088,795
77$16,820,413$14,503,265$13,868,216$17,455,295
78$18,512,453$15,190,283$14,309,159$18,949,463
79$20,376,336$15,910,219$14,764,128$20,583,801
80$22,429,567$16,664,665$15,233,571$22,372,066
81$24,691,435$17,455,286$15,717,948$24,329,389
82$27,183,197$18,283,830$16,217,735$26,472,421
83$29,928,275$19,152,129$16,733,421$28,819,484
84$32,952,481$20,062,106$17,265,512$31,390,740
85$36,284,259$21,015,774$17,814,532$34,208,377
86$39,954,954$22,015,247$18,381,019$37,296,818
87$43,999,104$23,062,740$18,965,529$40,682,940
88$48,454,774$24,160,575$19,568,635$44,396,331
89$53,363,906$25,311,188$20,190,929$48,469,560
90$58,772,722$26,517,134$20,833,023$52,938,480
91$64,732,157$27,781,091$21,495,547$57,842,563
92$71,298,340$29,105,868$22,179,150$63,225,264
93$78,533,124$30,494,408$22,884,505$69,134,430
94$86,504,670$31,949,801$23,612,303$75,622,742
95$95,288,090$33,475,286$24,363,259$82,748,208
96$104,966,158$35,074,257$25,138,111$90,574,702
97$115,630,086$36,750,276$25,937,618$99,172,564
98$127,380,393$38,507,078$26,762,567$108,619,252
99$140,327,847$40,348,578$27,613,766$119,000,071
100$154,594,512$42,278,884$28,492,052$130,408,964