Can I retire at age 75 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,065,710
2 years$551,890$541,611$531,650$521,992$512,623$501,747
3 years$364,272$353,949$344,013$334,445$325,229$314,612
4 years$270,481$260,190$250,353$240,949$231,956$221,681
5 years$214,222$203,992$194,284$185,072$176,329$166,425
6 years$176,727$166,575$157,011$148,003$139,524$130,003
7 years$149,956$139,889$130,477$121,682$113,470$104,338
8 years$129,887$119,911$110,654$102,076$94,134$85,389
9 years$114,286$104,404$95,307$86,946$79,275$70,914
10 years$101,812$92,027$83,091$74,948$67,546$59,564
11 years$91,613$81,926$73,152$65,227$58,092$50,483
12 years$83,120$73,533$64,920$57,213$50,341$43,097
13 years$75,940$66,452$58,002$50,511$43,898$37,011
14 years$69,790$60,403$52,115$44,838$38,481$31,941
15 years$64,465$55,179$47,053$39,987$33,882$27,679
16 years$59,810$50,626$42,660$35,804$29,945$24,070
17 years$55,707$46,625$38,819$32,170$26,551$20,992
18 years$52,064$43,083$35,437$28,992$23,608$18,355
19 years$48,809$39,929$32,441$26,196$21,042$16,084
20 years$45,882$37,104$29,772$23,726$18,795$14,120
21 years$43,238$34,561$27,385$21,533$16,820$12,416
22 years$40,837$32,261$25,239$19,578$15,077$10,933
23 years$38,649$30,173$23,304$17,830$13,534$9,639
24 years$36,645$28,271$21,552$16,262$12,164$8,507
25 years$34,805$26,531$19,962$14,852$10,946$7,515
26 years$33,109$24,934$18,514$13,580$9,860$6,644
27 years$31,542$23,466$17,192$12,430$8,889$5,879
28 years$30,089$22,112$15,982$11,388$8,021$5,205
29 years$28,738$20,860$14,872$10,443$7,243$4,610
30 years$27,480$19,700$13,853$9,584$6,544$4,086
31 years$26,306$18,623$12,915$8,802$5,917$3,623
32 years$25,207$17,621$12,050$8,090$5,352$3,213
33 years$24,177$16,688$11,251$7,439$4,844$2,851
34 years$23,209$15,816$10,512$6,845$4,385$2,531
35 years$22,299$15,001$9,828$6,301$3,972$2,247
36 years$21,441$14,239$9,194$5,803$3,599$1,995
37 years$20,632$13,523$8,605$5,347$3,262$1,772
38 years$19,867$12,852$8,059$4,928$2,957$1,574
39 years$19,143$12,221$7,550$4,544$2,682$1,399
40 years$18,457$11,627$7,077$4,191$2,432$1,243
41 years$17,806$11,068$6,636$3,867$2,207$1,105
42 years$17,187$10,541$6,224$3,569$2,002$982
43 years$16,600$10,043$5,841$3,294$1,817$873
44 years$16,040$9,573$5,483$3,042$1,649$776
45 years$15,507$9,129$5,148$2,809$1,497$690
46 years$14,998$8,709$4,835$2,595$1,360$614
47 years$14,513$8,311$4,543$2,397$1,235$546
48 years$14,049$7,934$4,269$2,215$1,121$485
49 years$13,605$7,576$4,012$2,047$1,018$431
50 years$13,181$7,237$3,772$1,892$925$384

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,500,000, adding $4,477 every year, while hoping to spend $23,965 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: 35/42/23 Blend
74$13,500,000$13,500,000$13,500,000$13,500,000
75$14,881,618$14,166,118$13,956,868$15,298,470
76$16,374,044$14,834,759$14,398,925$16,275,695
77$18,017,895$15,535,361$14,854,987$17,326,859
78$19,828,590$16,269,463$15,325,498$18,460,571
79$21,823,122$17,038,682$15,810,918$19,684,205
80$24,020,214$17,844,711$16,311,717$21,005,843
81$26,440,500$18,689,326$16,828,384$22,434,340
82$29,106,717$19,574,389$17,361,421$23,979,407
83$32,043,921$20,501,853$17,911,348$25,651,691
84$35,279,722$21,473,765$18,478,699$27,462,870
85$38,844,545$22,492,271$19,064,027$29,425,757
86$42,771,918$23,559,622$19,667,901$31,554,410
87$47,098,788$24,678,178$20,290,910$33,864,260
88$51,865,870$25,850,413$20,933,661$36,372,244
89$57,118,028$27,078,923$21,596,778$39,096,959
90$62,904,704$28,366,427$22,280,907$42,058,826
91$69,280,381$29,715,780$22,986,715$45,280,276
92$76,305,098$31,129,971$23,714,888$48,785,946
93$84,045,017$32,612,139$24,466,136$52,602,906
94$92,573,047$34,165,572$25,241,190$56,760,900
95$101,969,533$35,793,720$26,040,804$61,292,616
96$112,323,012$37,500,199$26,865,758$66,233,982
97$123,731,052$39,288,801$27,716,854$71,624,491
98$136,301,172$41,163,505$28,594,921$77,507,563
99$150,151,855$43,128,481$29,500,814$83,930,937
100$165,413,668$45,188,100$30,435,416$90,947,110