Can I retire at age 75 with 12,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$972,919
2 years$519,185$509,516$500,145$491,059$482,246$442,638
3 years$342,685$332,974$323,627$314,626$305,956$267,785
4 years$254,453$244,771$235,517$226,670$218,211$181,766
5 years$201,527$191,904$182,771$174,105$165,880$131,256
6 years$166,255$156,704$147,706$139,233$131,255$98,473
7 years$141,070$131,600$122,745$114,471$106,746$75,794
8 years$122,190$112,805$104,097$96,027$88,556$59,404
9 years$107,513$98,217$89,659$81,794$74,577$47,182
10 years$95,779$86,574$78,167$70,507$63,543$37,851
11 years$86,184$77,071$68,817$61,362$54,649$30,602
12 years$78,195$69,175$61,073$53,823$47,358$24,891
13 years$71,439$62,514$54,565$47,517$41,297$20,342
14 years$65,654$56,824$49,027$42,181$36,201$16,689
15 years$60,645$51,909$44,264$37,618$31,874$13,734
16 years$56,266$47,626$40,132$33,683$28,170$11,331
17 years$52,406$43,862$36,519$30,264$24,978$9,367
18 years$48,979$40,530$33,337$27,274$22,209$7,756
19 years$45,916$37,563$30,518$24,644$19,795$6,432
20 years$43,163$34,905$28,008$22,320$17,682$5,339
21 years$40,676$32,513$25,762$20,257$15,823$4,436
22 years$38,417$30,350$23,744$18,418$14,183$3,689
23 years$36,358$28,385$21,923$16,774$12,732$3,070
24 years$34,474$26,595$20,275$15,299$11,443$2,556
25 years$32,743$24,958$18,779$13,972$10,297$2,129
26 years$31,147$23,457$17,417$12,775$9,276$1,774
27 years$29,672$22,076$16,173$11,693$8,363$1,478
28 years$28,306$20,802$15,035$10,713$7,546$1,232
29 years$27,035$19,624$13,991$9,824$6,814$1,028
30 years$25,852$18,533$13,032$9,016$6,157$857
31 years$24,747$17,520$12,150$8,281$5,566$715
32 years$23,713$16,577$11,336$7,610$5,035$596
33 years$22,744$15,699$10,584$6,998$4,557$497
34 years$21,834$14,879$9,889$6,439$4,126$415
35 years$20,977$14,112$9,246$5,927$3,737$346
36 years$20,171$13,395$8,649$5,459$3,386$289
37 years$19,409$12,722$8,095$5,030$3,068$241
38 years$18,689$12,090$7,581$4,636$2,782$201
39 years$18,008$11,497$7,103$4,275$2,523$168
40 years$17,363$10,938$6,657$3,943$2,288$140
41 years$16,751$10,412$6,242$3,638$2,076$117
42 years$16,169$9,916$5,856$3,357$1,884$98
43 years$15,616$9,448$5,495$3,099$1,710$82
44 years$15,089$9,006$5,158$2,861$1,552$68
45 years$14,588$8,588$4,843$2,643$1,409$57
46 years$14,109$8,193$4,549$2,441$1,279$47
47 years$13,653$7,818$4,273$2,255$1,161$40
48 years$13,216$7,464$4,016$2,084$1,055$33
49 years$12,799$7,127$3,775$1,926$958$28
50 years$12,400$6,808$3,549$1,780$870$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,700,000, adding $4,740 every year, while hoping to spend $37,046 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: 62/11/27 Blend
74$12,700,000$12,700,000$12,700,000$12,700,000
75$14,000,289$13,327,189$13,130,339$14,766,958
76$15,388,902$13,940,805$13,530,789$15,901,704
77$16,917,912$14,583,246$13,943,412$17,135,752
78$18,601,600$15,255,886$14,368,577$18,482,471
79$20,455,703$15,960,164$14,806,665$19,952,884
80$22,497,562$16,697,590$15,258,065$21,559,122
81$24,746,285$17,469,743$15,723,182$23,314,536
82$27,222,928$18,278,282$16,202,430$25,233,819
83$29,950,692$19,124,944$16,696,238$27,333,144
84$32,955,146$20,011,550$17,205,045$29,630,313
85$36,264,463$20,940,008$17,729,306$32,144,921
86$39,909,690$21,912,319$18,269,489$34,898,543
87$43,925,036$22,930,581$18,826,075$37,914,929
88$48,348,200$23,996,990$19,399,559$41,220,229
89$53,220,727$25,113,853$19,990,454$44,843,235
90$58,588,392$26,283,583$20,599,286$48,815,650
91$64,501,643$27,508,714$21,226,597$53,172,384
92$71,016,069$28,791,898$21,872,946$57,951,881
93$78,192,926$30,135,920$22,538,908$63,196,476
94$86,099,719$31,543,695$23,225,076$68,952,791
95$94,810,836$33,018,281$23,932,061$75,272,176
96$104,408,248$34,562,883$24,660,492$82,211,182
97$114,982,287$36,180,862$25,411,016$89,832,097
98$126,632,497$37,875,741$26,184,302$98,203,525
99$139,468,571$39,651,212$26,981,036$107,401,031
100$153,611,392$41,511,148$27,801,927$117,507,852