Can I retire at age 75 with 13,200,000?

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 $13,200,000?

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$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,047,270
2 years$539,626$529,576$519,835$510,392$501,232$495,867
3 years$356,177$346,083$336,368$327,013$318,002$312,754
4 years$264,470$254,408$244,790$235,594$226,802$221,711
5 years$209,461$199,459$189,967$180,959$172,411$167,493
6 years$172,800$162,873$153,521$144,714$136,423$131,684
7 years$146,624$136,781$127,577$118,978$110,948$106,391
8 years$127,001$117,246$108,195$99,807$92,042$87,666
9 years$111,746$102,084$93,189$85,014$77,513$73,317
10 years$99,550$89,982$81,244$73,283$66,045$62,028
11 years$89,578$80,106$71,526$63,778$56,801$52,960
12 years$81,273$71,899$63,477$55,942$49,222$45,554
13 years$74,252$64,975$56,713$49,388$42,923$39,424
14 years$68,239$59,061$50,957$43,841$37,626$34,292
15 years$63,032$53,953$46,007$39,099$33,129$29,956
16 years$58,481$49,501$41,712$35,009$29,279$26,263
17 years$54,469$45,589$37,956$31,455$25,961$23,097
18 years$50,907$42,126$34,649$28,347$23,083$20,367
19 years$47,724$39,042$31,720$25,614$20,575$18,001
20 years$44,863$36,280$29,111$23,199$18,378$15,941
21 years$42,277$33,793$26,776$21,054$16,446$14,142
22 years$39,930$31,544$24,679$19,143$14,742$12,565
23 years$37,790$29,503$22,786$17,434$13,233$11,179
24 years$35,831$27,642$21,073$15,901$11,894$9,957
25 years$34,032$25,941$19,518$14,522$10,703$8,879
26 years$32,373$24,380$18,102$13,278$9,641$7,924
27 years$30,841$22,945$16,809$12,153$8,692$7,078
28 years$29,420$21,621$15,627$11,135$7,843$6,326
29 years$28,100$20,397$14,542$10,211$7,082$5,658
30 years$26,869$19,262$13,545$9,371$6,399$5,064
31 years$25,721$18,209$12,628$8,607$5,785$4,534
32 years$24,647$17,230$11,782$7,910$5,233$4,062
33 years$23,639$16,317$11,001$7,274$4,736$3,640
34 years$22,693$15,465$10,279$6,693$4,288$3,263
35 years$21,803$14,668$9,610$6,161$3,884$2,926
36 years$20,965$13,922$8,990$5,674$3,519$2,625
37 years$20,173$13,223$8,414$5,228$3,189$2,355
38 years$19,425$12,566$7,880$4,819$2,891$2,114
39 years$18,717$11,949$7,382$4,443$2,622$1,897
40 years$18,046$11,369$6,919$4,098$2,378$1,704
41 years$17,410$10,822$6,488$3,781$2,158$1,530
42 years$16,806$10,307$6,086$3,489$1,958$1,374
43 years$16,231$9,820$5,711$3,221$1,777$1,234
44 years$15,683$9,361$5,361$2,974$1,613$1,109
45 years$15,162$8,926$5,034$2,747$1,464$996
46 years$14,665$8,515$4,728$2,537$1,329$895
47 years$14,190$8,126$4,442$2,344$1,207$804
48 years$13,737$7,757$4,174$2,166$1,096$723
49 years$13,303$7,408$3,923$2,002$996$649
50 years$12,888$7,076$3,688$1,850$904$584

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,200,000, adding $4,369 every year, while hoping to spend $34,209 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: 40/35/25 Blend
74$13,200,000$13,200,000$13,200,000$13,200,000
75$14,550,907$13,851,307$13,646,707$15,025,216
76$15,998,701$14,493,623$14,067,473$16,010,658
77$17,593,024$15,166,265$14,501,189$17,072,534
78$19,348,785$15,870,685$14,948,251$18,220,689
79$21,282,414$16,608,401$15,409,071$19,463,031
80$23,412,014$17,381,008$15,884,069$20,808,232
81$25,757,536$18,190,173$16,373,682$22,265,813
82$28,340,963$19,037,649$16,878,358$23,846,223
83$31,186,518$19,925,271$17,398,559$25,560,932
84$34,320,894$20,854,961$17,934,763$27,422,538
85$37,773,508$21,828,737$18,487,460$29,444,872
86$41,576,773$22,848,712$19,057,157$31,643,131
87$45,766,407$23,917,102$19,644,375$34,034,007
88$50,381,772$25,036,231$20,249,653$36,635,844
89$55,466,240$26,208,534$20,873,543$39,468,796
90$61,067,607$27,436,563$21,516,618$42,555,019
91$67,238,545$28,722,996$22,179,467$45,918,862
92$74,037,092$30,070,639$22,862,694$49,587,099
93$81,527,208$31,482,433$23,566,927$53,589,164
94$89,779,374$32,961,462$24,292,809$57,957,422
95$98,871,256$34,510,960$25,041,005$62,727,470
96$108,888,444$36,134,317$25,812,198$67,938,456
97$119,925,252$37,835,086$26,607,094$73,633,441
98$132,085,617$39,616,994$27,426,420$79,859,797
99$145,484,070$41,483,946$28,270,926$86,669,636
100$160,246,825$43,440,040$29,141,382$94,120,298