Can I retire at age 75 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,015,535
2 years$523,273$513,528$504,083$494,925$486,043$480,840
3 years$345,384$335,596$326,175$317,104$308,366$303,277
4 years$256,456$246,699$237,372$228,455$219,929$214,993
5 years$203,114$193,415$184,210$175,476$167,186$162,417
6 years$167,564$157,938$148,869$140,329$132,289$127,693
7 years$142,181$132,636$123,711$115,372$107,586$103,167
8 years$123,152$113,693$104,917$96,783$89,253$85,010
9 years$108,360$98,991$90,365$82,438$75,164$71,095
10 years$96,533$87,255$78,782$71,062$64,044$60,148
11 years$86,863$77,678$69,359$61,845$55,080$51,355
12 years$78,810$69,720$61,554$54,247$47,731$44,173
13 years$72,002$63,006$54,994$47,892$41,622$38,229
14 years$66,171$57,271$49,413$42,513$36,486$33,253
15 years$61,122$52,318$44,613$37,914$32,125$29,048
16 years$56,709$48,001$40,448$33,948$28,392$25,467
17 years$52,819$44,207$36,806$30,502$25,174$22,397
18 years$49,365$40,849$33,599$27,488$22,384$19,750
19 years$46,278$37,859$30,759$24,838$19,951$17,455
20 years$43,503$35,180$28,229$22,496$17,821$15,458
21 years$40,996$32,769$25,965$20,416$15,948$13,714
22 years$38,720$30,589$23,931$18,563$14,295$12,184
23 years$36,645$28,609$22,096$16,906$12,832$10,840
24 years$34,745$26,805$20,435$15,419$11,534$9,656
25 years$33,000$25,155$18,927$14,082$10,378$8,610
26 years$31,392$23,642$17,554$12,875$9,349$7,684
27 years$29,906$22,249$16,300$11,785$8,428$6,863
28 years$28,528$20,966$15,153$10,798$7,605$6,135
29 years$27,248$19,779$14,101$9,902$6,867$5,487
30 years$26,055$18,679$13,135$9,087$6,205$4,910
31 years$24,942$17,658$12,245$8,346$5,610$4,397
32 years$23,900$16,708$11,425$7,670$5,075$3,939
33 years$22,923$15,822$10,668$7,053$4,592$3,530
34 years$22,006$14,996$9,967$6,490$4,158$3,164
35 years$21,143$14,224$9,319$5,974$3,766$2,838
36 years$20,329$13,500$8,717$5,502$3,412$2,545
37 years$19,562$12,822$8,159$5,069$3,093$2,284
38 years$18,837$12,186$7,641$4,673$2,804$2,050
39 years$18,150$11,587$7,159$4,308$2,543$1,840
40 years$17,500$11,024$6,710$3,974$2,306$1,652
41 years$16,882$10,494$6,292$3,666$2,092$1,483
42 years$16,296$9,994$5,902$3,384$1,898$1,332
43 years$15,739$9,523$5,538$3,123$1,723$1,197
44 years$15,208$9,077$5,198$2,884$1,564$1,075
45 years$14,703$8,656$4,881$2,663$1,420$966
46 years$14,220$8,257$4,584$2,460$1,289$868
47 years$13,760$7,880$4,307$2,273$1,171$780
48 years$13,320$7,522$4,047$2,100$1,063$701
49 years$12,900$7,184$3,804$1,941$965$630
50 years$12,497$6,862$3,577$1,794$877$566

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,800,000, adding $3,718 every year, while hoping to spend $37,857 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: 46/33/21 Blend
74$12,800,000$12,800,000$12,800,000$12,800,000
75$14,109,435$13,431,035$13,232,635$14,673,452
76$15,508,318$14,048,876$13,635,649$15,687,014
77$17,048,618$14,695,723$14,050,895$16,781,953
78$18,744,720$15,372,956$14,478,743$17,969,129
79$20,612,474$16,082,024$14,919,573$19,257,159
80$22,669,347$16,824,443$15,373,779$20,655,509
81$24,934,584$17,601,805$15,841,765$22,174,572
82$27,429,394$18,415,776$16,323,946$23,825,768
83$30,177,146$19,268,103$16,820,753$25,621,640
84$33,203,593$20,160,617$17,332,625$27,575,973
85$36,537,111$21,095,239$17,860,020$29,703,915
86$40,208,970$22,073,980$18,403,405$32,022,115
87$44,253,629$23,098,949$18,963,263$34,548,878
88$48,709,059$24,172,357$19,540,091$37,304,323
89$53,617,101$25,296,521$20,134,403$40,310,575
90$59,023,865$26,473,870$20,746,725$43,591,963
91$64,980,160$27,706,950$21,377,601$47,175,243
92$71,541,977$28,998,431$22,027,591$51,089,843
93$78,771,015$30,351,111$22,697,272$55,368,135
94$86,735,265$31,767,922$23,387,237$60,045,727
95$95,509,652$33,251,940$24,098,099$65,161,799
96$105,176,738$34,806,387$24,830,487$70,759,456
97$115,827,508$36,434,643$25,585,051$76,886,130
98$127,562,223$38,140,249$26,362,460$83,594,017
99$140,491,369$39,926,921$27,163,401$90,940,560
100$154,736,699$41,798,549$27,988,585$98,988,980