Can I retire at age 75 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$997,084
2 years$531,449$521,552$511,959$502,659$493,637$454,252
3 years$350,780$340,840$331,272$322,058$313,184$275,208
4 years$260,463$250,553$241,081$232,025$223,365$187,087
5 years$206,287$196,437$187,089$178,217$169,799$135,312
6 years$170,182$160,405$151,195$142,522$134,356$101,684
7 years$144,402$134,708$125,644$117,175$109,267$78,401
8 years$125,077$115,470$106,556$98,295$90,648$61,557
9 years$110,053$100,537$91,777$83,726$76,339$48,982
10 years$98,042$88,619$80,013$72,172$65,044$39,370
11 years$88,220$78,892$70,442$62,812$55,940$31,892
12 years$80,042$70,809$62,516$55,094$48,477$25,992
13 years$73,127$63,991$55,854$48,640$42,273$21,286
14 years$67,205$58,166$50,185$43,177$37,056$17,500
15 years$62,077$53,136$45,310$38,506$32,627$14,433
16 years$57,595$48,751$41,080$34,478$28,836$11,933
17 years$53,644$44,898$37,381$30,978$25,568$9,887
18 years$50,136$41,488$34,124$27,918$22,734$8,205
19 years$47,001$38,450$31,239$25,226$20,263$6,819
20 years$44,183$35,730$28,670$22,847$18,099$5,674
21 years$41,637$33,281$26,371$20,735$16,197$4,726
22 years$39,325$31,067$24,305$18,853$14,518$3,939
23 years$37,217$29,056$22,441$17,170$13,032$3,285
24 years$35,288$27,224$20,754$15,660$11,714$2,742
25 years$33,516$25,548$19,223$14,302$10,541$2,289
26 years$31,883$24,011$17,828$13,077$9,495$1,912
27 years$30,373$22,597$16,555$11,969$8,560$1,597
28 years$28,974$21,293$15,390$10,966$7,724$1,335
29 years$27,674$20,088$14,322$10,056$6,975$1,116
30 years$26,462$18,971$13,340$9,229$6,302$933
31 years$25,331$17,934$12,436$8,476$5,698$780
32 years$24,273$16,969$11,603$7,790$5,154$652
33 years$23,281$16,070$10,834$7,164$4,664$546
34 years$22,349$15,230$10,123$6,591$4,223$456
35 years$21,473$14,446$9,464$6,067$3,825$382
36 years$20,647$13,711$8,853$5,588$3,466$319
37 years$19,868$13,022$8,287$5,149$3,141$267
38 years$19,131$12,376$7,760$4,746$2,848$224
39 years$18,434$11,768$7,270$4,376$2,582$187
40 years$17,773$11,197$6,815$4,036$2,342$156
41 years$17,146$10,658$6,390$3,724$2,125$131
42 years$16,551$10,150$5,994$3,436$1,928$110
43 years$15,985$9,671$5,624$3,172$1,750$92
44 years$15,446$9,219$5,280$2,929$1,588$77
45 years$14,932$8,791$4,957$2,705$1,442$64
46 years$14,443$8,386$4,656$2,499$1,309$54
47 years$13,975$8,003$4,374$2,309$1,189$45
48 years$13,528$7,640$4,111$2,133$1,080$38
49 years$13,101$7,296$3,864$1,971$981$31
50 years$12,693$6,969$3,632$1,822$891$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,000,000, adding $3,148 every year, while hoping to spend $44,523 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: 38/46/16 Blend
74$13,000,000$13,000,000$13,000,000$13,000,000
75$14,329,247$13,640,247$13,438,747$14,804,495
76$15,743,458$14,261,247$13,841,573$15,766,353
77$17,300,427$14,911,184$14,256,401$16,800,665
78$19,014,667$15,591,428$14,683,587$17,917,508
79$20,902,171$16,303,417$15,123,496$19,124,331
80$22,980,564$17,048,655$15,576,504$20,429,305
81$25,269,263$17,828,721$16,042,999$21,841,385
82$27,789,667$18,645,268$16,523,378$23,370,398
83$30,565,355$19,500,028$17,018,053$25,027,120
84$33,622,308$20,394,817$17,527,446$26,823,378
85$36,989,159$21,331,538$18,051,991$28,772,152
86$40,697,456$22,312,186$18,592,135$30,887,690
87$44,781,964$23,338,851$19,148,339$33,185,635
88$49,280,993$24,413,723$19,721,077$35,683,166
89$54,236,759$25,539,099$20,310,837$38,399,148
90$59,695,779$26,717,386$20,918,121$41,354,307
91$65,709,315$27,951,105$21,543,445$44,571,411
92$72,333,856$29,242,900$22,187,341$48,075,480
93$79,631,649$30,595,542$22,850,357$51,894,007
94$87,671,289$32,011,935$23,533,056$56,057,213
95$96,528,364$33,495,124$24,236,017$60,598,315
96$106,286,171$35,048,299$24,959,837$65,553,834
97$117,036,500$36,674,804$25,705,131$70,963,922
98$128,880,500$38,378,147$26,472,530$76,872,734
99$141,929,636$40,162,001$27,262,684$83,328,828
100$156,306,738$42,030,218$28,076,264$90,385,610