Can I retire at age 75 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,058,698
2 years$547,802$537,599$527,712$518,125$508,826$498,915
3 years$361,573$351,327$341,464$331,968$322,820$313,142
4 years$268,478$258,263$248,499$239,164$230,238$220,868
5 years$212,635$202,481$192,845$183,701$175,023$165,988
6 years$175,418$165,341$155,848$146,907$138,490$129,802
7 years$148,845$138,853$129,510$120,780$112,629$104,291
8 years$128,925$119,023$109,835$101,320$93,437$85,449
9 years$113,439$103,631$94,601$86,302$78,687$71,047
10 years$101,058$91,345$82,475$74,393$67,046$59,748
11 years$90,935$81,319$72,610$64,744$57,661$50,701
12 years$82,505$72,988$64,439$56,789$49,968$43,339
13 years$75,377$65,960$57,572$50,137$43,573$37,266
14 years$69,273$59,956$51,729$44,506$38,196$32,204
15 years$63,987$54,771$46,704$39,691$33,631$27,945
16 years$59,367$50,251$42,344$35,539$29,723$24,334
17 years$55,295$46,279$38,532$31,932$26,354$21,252
18 years$51,679$42,764$35,174$28,777$23,433$18,609
19 years$48,447$39,633$32,200$26,002$20,887$16,329
20 years$45,542$36,829$29,552$23,550$18,656$14,356
21 years$42,918$34,305$27,182$21,373$16,695$12,643
22 years$40,535$32,022$25,053$19,433$14,965$11,149
23 years$38,362$29,950$23,132$17,698$13,433$9,845
24 years$36,374$28,061$21,393$16,142$12,074$8,702
25 years$34,547$26,334$19,814$14,742$10,865$7,699
26 years$32,864$24,750$18,376$13,479$9,787$6,818
27 years$31,308$23,292$17,064$12,338$8,824$6,042
28 years$29,866$21,948$15,863$11,304$7,962$5,358
29 years$28,525$20,706$14,762$10,366$7,189$4,754
30 years$27,277$19,554$13,750$9,513$6,496$4,220
31 years$26,111$18,485$12,819$8,737$5,873$3,748
32 years$25,020$17,491$11,960$8,030$5,312$3,330
33 years$23,997$16,564$11,168$7,384$4,808$2,959
34 years$23,037$15,699$10,434$6,794$4,353$2,631
35 years$22,134$14,890$9,755$6,254$3,943$2,340
36 years$21,282$14,133$9,126$5,760$3,572$2,081
37 years$20,479$13,423$8,542$5,307$3,238$1,852
38 years$19,720$12,757$7,999$4,892$2,935$1,648
39 years$19,001$12,130$7,494$4,510$2,662$1,467
40 years$18,320$11,541$7,024$4,160$2,414$1,306
41 years$17,674$10,986$6,586$3,838$2,190$1,162
42 years$17,060$10,463$6,178$3,542$1,987$1,035
43 years$16,477$9,969$5,798$3,270$1,804$922
44 years$15,921$9,502$5,442$3,019$1,637$821
45 years$15,392$9,061$5,110$2,788$1,486$731
46 years$14,887$8,644$4,799$2,576$1,350$651
47 years$14,405$8,249$4,509$2,380$1,225$580
48 years$13,945$7,875$4,237$2,199$1,113$517
49 years$13,504$7,520$3,983$2,032$1,011$460
50 years$13,083$7,184$3,744$1,878$918$410

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,400,000, adding $6,736 every year, while hoping to spend $20,328 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: 75/11/14 Blend
74$13,400,000$13,400,000$13,400,000$13,400,000
75$14,773,748$14,063,548$13,855,848$15,837,497
76$16,259,042$14,731,033$14,298,390$17,208,619
77$17,895,154$15,430,544$14,755,076$18,707,719
78$19,697,447$16,163,627$15,226,358$20,350,155
79$21,682,848$16,931,907$15,712,704$22,150,173
80$23,870,013$17,737,085$16,214,594$24,123,458
81$26,279,498$18,580,946$16,732,526$26,287,276
82$28,933,954$19,465,359$17,267,013$28,660,641
83$31,858,344$20,392,289$17,818,585$31,264,485
84$35,080,176$21,363,792$18,387,788$34,121,862
85$38,629,761$22,382,025$18,975,186$37,258,154
86$42,540,503$23,449,250$19,581,361$40,701,315
87$46,849,212$24,567,841$20,206,914$44,482,129
88$51,596,451$25,740,285$20,852,465$48,634,498
89$56,826,919$26,969,189$21,518,653$53,195,760
90$62,589,876$28,257,291$22,206,139$58,207,039
91$68,939,603$29,607,457$22,915,604$63,713,627
92$75,935,917$31,022,697$23,647,751$69,765,413
93$83,644,736$32,506,164$24,403,306$76,417,348
94$92,138,700$34,061,168$25,183,018$83,729,957
95$101,497,858$35,691,175$25,987,660$91,769,914
96$111,810,422$37,399,825$26,818,029$100,610,662
97$123,173,600$39,190,932$27,674,948$110,333,102
98$135,694,516$41,068,496$28,559,267$121,026,356
99$149,491,217$43,036,713$29,471,863$132,788,603
100$164,693,792$45,099,982$30,413,641$145,727,998