Can I retire at age 75 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,043,420
2 years$543,714$533,587$523,774$514,258$505,029$487,808
3 years$358,875$348,705$338,916$329,490$320,411$303,645
4 years$266,474$256,335$246,644$237,379$228,520$212,338
5 years$211,048$200,970$191,406$182,330$173,717$158,166
6 years$174,109$164,107$154,685$145,811$137,456$122,554
7 years$147,735$137,817$128,544$119,879$111,789$97,539
8 years$127,963$118,135$109,015$100,564$92,740$79,141
9 years$112,593$102,857$93,895$85,658$78,100$65,144
10 years$100,304$90,664$81,860$73,838$66,545$54,222
11 years$90,256$80,713$72,068$64,261$57,231$45,528
12 years$81,889$72,443$63,958$56,366$49,595$38,497
13 years$74,814$65,468$57,143$49,762$43,248$32,739
14 years$68,756$59,508$51,343$44,173$37,911$27,973
15 years$63,510$54,362$46,356$39,395$33,380$23,994
16 years$58,924$49,876$42,028$35,274$29,501$20,649
17 years$54,882$45,934$38,244$31,693$26,158$17,820
18 years$51,293$42,445$34,912$28,562$23,258$15,414
19 years$48,086$39,338$31,960$25,808$20,731$13,360
20 years$45,202$36,554$29,331$23,374$18,517$11,599
21 years$42,597$34,049$26,979$21,214$16,571$10,085
22 years$40,232$31,783$24,866$19,288$14,853$8,780
23 years$38,076$29,726$22,959$17,566$13,333$7,652
24 years$36,102$27,852$21,233$16,021$11,984$6,675
25 years$34,289$26,137$19,666$14,632$10,784$5,828
26 years$32,619$24,565$18,239$13,378$9,714$5,091
27 years$31,074$23,119$16,937$12,246$8,758$4,451
28 years$29,643$21,784$15,745$11,220$7,902$3,893
29 years$28,312$20,551$14,652$10,289$7,136$3,407
30 years$27,073$19,408$13,648$9,442$6,447$2,983
31 years$25,916$18,347$12,723$8,672$5,829$2,612
32 years$24,833$17,360$11,871$7,970$5,273$2,288
33 years$23,818$16,441$11,084$7,329$4,772$2,005
34 years$22,865$15,582$10,356$6,743$4,320$1,758
35 years$21,968$14,779$9,683$6,208$3,913$1,541
36 years$21,123$14,028$9,058$5,717$3,546$1,351
37 years$20,326$13,323$8,478$5,267$3,213$1,185
38 years$19,572$12,662$7,939$4,855$2,913$1,039
39 years$18,859$12,040$7,438$4,477$2,642$912
40 years$18,183$11,455$6,972$4,129$2,396$800
41 years$17,542$10,904$6,537$3,810$2,174$702
42 years$16,933$10,385$6,132$3,516$1,973$616
43 years$16,354$9,895$5,754$3,245$1,790$540
44 years$15,802$9,432$5,401$2,997$1,625$474
45 years$15,277$8,994$5,072$2,768$1,475$416
46 years$14,776$8,580$4,764$2,556$1,339$365
47 years$14,298$8,188$4,475$2,362$1,216$320
48 years$13,841$7,816$4,205$2,182$1,105$281
49 years$13,404$7,464$3,953$2,017$1,003$247
50 years$12,985$7,130$3,716$1,864$911$217

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,300,000, adding $4,913 every year, while hoping to spend $35,652 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: 46/31/23 Blend
74$13,300,000$13,300,000$13,300,000$13,300,000
75$14,661,668$13,956,768$13,750,618$15,239,131
76$16,119,224$14,602,716$14,173,330$16,291,534
77$17,724,257$15,279,121$14,609,008$17,428,764
78$19,491,770$15,987,437$15,058,049$18,661,914
79$21,438,299$16,729,189$15,520,861$19,999,960
80$23,582,061$17,505,975$15,997,867$21,452,758
81$25,943,135$18,319,472$16,489,499$23,031,132
82$28,543,643$19,171,434$16,996,205$24,746,975
83$31,407,964$20,063,703$17,518,447$26,613,354
84$34,562,960$20,998,209$18,056,699$28,644,625
85$38,038,235$21,976,974$18,611,452$30,856,571
86$41,866,409$23,002,119$19,183,209$33,266,535
87$46,083,426$24,075,867$19,772,490$35,893,587
88$50,728,899$25,200,548$20,379,832$38,758,690
89$55,846,476$26,378,604$21,005,786$41,884,898
90$61,484,258$27,612,597$21,650,921$45,297,561
91$67,695,249$28,905,211$22,315,823$49,024,561
92$74,537,858$30,259,260$23,001,097$53,096,566
93$82,076,451$31,677,695$23,707,365$57,547,311
94$90,381,956$33,163,609$24,435,269$62,413,909
95$99,532,534$34,720,245$25,185,469$67,737,195
96$109,614,317$36,351,002$25,958,647$73,562,097
97$120,722,221$38,059,443$26,755,504$79,938,055
98$132,960,838$39,849,307$27,576,765$86,919,479
99$146,445,430$41,724,510$28,423,173$94,566,246
100$161,303,013$43,689,159$29,295,498$102,944,262