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%13.3%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,038,143
2 years$539,626$529,576$519,835$510,392$501,232$486,706
3 years$356,177$346,083$336,368$327,013$318,002$303,845
4 years$264,470$254,408$244,790$235,594$226,802$213,123
5 years$209,461$199,459$189,967$180,959$172,411$159,250
6 years$172,800$162,873$153,521$144,714$136,423$123,795
7 years$146,624$136,781$127,577$118,978$110,948$98,858
8 years$127,001$117,246$108,195$99,807$92,042$80,489
9 years$111,746$102,084$93,189$85,014$77,513$66,490
10 years$99,550$89,982$81,244$73,283$66,045$55,545
11 years$89,578$80,106$71,526$63,778$56,801$46,814
12 years$81,273$71,899$63,477$55,942$49,222$39,737
13 years$74,252$64,975$56,713$49,388$42,923$33,926
14 years$68,239$59,061$50,957$43,841$37,626$29,104
15 years$63,032$53,953$46,007$39,099$33,129$25,068
16 years$58,481$49,501$41,712$35,009$29,279$21,663
17 years$54,469$45,589$37,956$31,455$25,961$18,775
18 years$50,907$42,126$34,649$28,347$23,083$16,310
19 years$47,724$39,042$31,720$25,614$20,575$14,199
20 years$44,863$36,280$29,111$23,199$18,378$12,383
21 years$42,277$33,793$26,776$21,054$16,446$10,815
22 years$39,930$31,544$24,679$19,143$14,742$9,459
23 years$37,790$29,503$22,786$17,434$13,233$8,282
24 years$35,831$27,642$21,073$15,901$11,894$7,258
25 years$34,032$25,941$19,518$14,522$10,703$6,367
26 years$32,373$24,380$18,102$13,278$9,641$5,589
27 years$30,841$22,945$16,809$12,153$8,692$4,910
28 years$29,420$21,621$15,627$11,135$7,843$4,316
29 years$28,100$20,397$14,542$10,211$7,082$3,795
30 years$26,869$19,262$13,545$9,371$6,399$3,339
31 years$25,721$18,209$12,628$8,607$5,785$2,939
32 years$24,647$17,230$11,782$7,910$5,233$2,587
33 years$23,639$16,317$11,001$7,274$4,736$2,278
34 years$22,693$15,465$10,279$6,693$4,288$2,007
35 years$21,803$14,668$9,610$6,161$3,884$1,768
36 years$20,965$13,922$8,990$5,674$3,519$1,558
37 years$20,173$13,223$8,414$5,228$3,189$1,374
38 years$19,425$12,566$7,880$4,819$2,891$1,211
39 years$18,717$11,949$7,382$4,443$2,622$1,068
40 years$18,046$11,369$6,919$4,098$2,378$942
41 years$17,410$10,822$6,488$3,781$2,158$830
42 years$16,806$10,307$6,086$3,489$1,958$732
43 years$16,231$9,820$5,711$3,221$1,777$646
44 years$15,683$9,361$5,361$2,974$1,613$570
45 years$15,162$8,926$5,034$2,747$1,464$503
46 years$14,665$8,515$4,728$2,537$1,329$444
47 years$14,190$8,126$4,442$2,344$1,207$391
48 years$13,737$7,757$4,174$2,166$1,096$345
49 years$13,303$7,408$3,923$2,002$996$305
50 years$12,888$7,076$3,688$1,850$904$269

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 $5,588 every year, while hoping to spend $50,922 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: 77/15/8 Blend
74$13,200,000$13,200,000$13,200,000$13,200,000
75$14,552,164$13,852,564$13,647,964$15,655,697
76$15,982,304$14,477,159$14,050,990$17,006,140
77$17,556,612$15,130,653$14,465,811$18,479,279
78$19,289,739$15,814,407$14,892,768$20,092,952
79$21,197,828$16,529,849$15,332,212$21,861,111
80$23,298,670$17,278,475$15,784,504$23,799,117
81$25,611,865$18,061,851$16,250,016$25,923,880
82$28,159,014$18,881,620$16,729,130$28,254,017
83$30,963,916$19,739,502$17,222,238$30,810,029
84$34,052,797$20,637,299$17,729,745$33,614,485
85$37,454,557$21,576,902$18,252,066$36,692,240
86$41,201,040$22,560,288$18,789,629$40,070,662
87$45,327,337$23,589,534$19,342,873$43,779,890
88$49,872,116$24,666,811$19,912,250$47,853,115
89$54,877,986$25,794,399$20,498,224$52,326,890
90$60,391,901$26,974,685$21,101,275$57,241,472
91$66,465,601$28,210,170$21,721,893$62,641,198
92$73,156,100$29,503,476$22,360,584$68,574,904
93$80,526,226$30,857,351$23,017,869$75,096,376
94$88,645,215$32,274,675$23,694,280$82,264,860
95$97,589,357$33,758,464$24,390,369$90,145,614
96$107,442,725$35,311,883$25,106,700$98,810,520
97$118,297,963$36,938,245$25,843,855$108,338,761
98$130,257,163$38,641,026$26,602,431$118,817,561
99$143,432,823$40,423,867$27,383,043$130,343,007
100$157,948,919$42,290,583$28,186,322$143,020,946