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%16%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,050,059
2 years$551,890$541,611$531,650$521,992$512,623$486,138
3 years$364,272$353,949$344,013$334,445$325,229$299,537
4 years$270,481$260,190$250,353$240,949$231,956$207,255
5 years$214,222$203,992$194,284$185,072$176,329$152,688
6 years$176,727$166,575$157,011$148,003$139,524$116,966
7 years$149,956$139,889$130,477$121,682$113,470$91,998
8 years$129,887$119,911$110,654$102,076$94,134$73,740
9 years$114,286$104,404$95,307$86,946$79,275$59,940
10 years$101,812$92,027$83,091$74,948$67,546$49,249
11 years$91,613$81,926$73,152$65,227$58,092$40,806
12 years$83,120$73,533$64,920$57,213$50,341$34,037
13 years$75,940$66,452$58,002$50,511$43,898$28,545
14 years$69,790$60,403$52,115$44,838$38,481$24,044
15 years$64,465$55,179$47,053$39,987$33,882$20,327
16 years$59,810$50,626$42,660$35,804$29,945$17,235
17 years$55,707$46,625$38,819$32,170$26,551$14,651
18 years$52,064$43,083$35,437$28,992$23,608$12,480
19 years$48,809$39,929$32,441$26,196$21,042$10,649
20 years$45,882$37,104$29,772$23,726$18,795$9,101
21 years$43,238$34,561$27,385$21,533$16,820$7,787
22 years$40,837$32,261$25,239$19,578$15,077$6,671
23 years$38,649$30,173$23,304$17,830$13,534$5,719
24 years$36,645$28,271$21,552$16,262$12,164$4,907
25 years$34,805$26,531$19,962$14,852$10,946$4,213
26 years$33,109$24,934$18,514$13,580$9,860$3,620
27 years$31,542$23,466$17,192$12,430$8,889$3,111
28 years$30,089$22,112$15,982$11,388$8,021$2,675
29 years$28,738$20,860$14,872$10,443$7,243$2,301
30 years$27,480$19,700$13,853$9,584$6,544$1,980
31 years$26,306$18,623$12,915$8,802$5,917$1,704
32 years$25,207$17,621$12,050$8,090$5,352$1,467
33 years$24,177$16,688$11,251$7,439$4,844$1,263
34 years$23,209$15,816$10,512$6,845$4,385$1,088
35 years$22,299$15,001$9,828$6,301$3,972$937
36 years$21,441$14,239$9,194$5,803$3,599$807
37 years$20,632$13,523$8,605$5,347$3,262$695
38 years$19,867$12,852$8,059$4,928$2,957$599
39 years$19,143$12,221$7,550$4,544$2,682$516
40 years$18,457$11,627$7,077$4,191$2,432$445
41 years$17,806$11,068$6,636$3,867$2,207$383
42 years$17,187$10,541$6,224$3,569$2,002$330
43 years$16,600$10,043$5,841$3,294$1,817$285
44 years$16,040$9,573$5,483$3,042$1,649$245
45 years$15,507$9,129$5,148$2,809$1,497$211
46 years$14,998$8,709$4,835$2,595$1,360$182
47 years$14,513$8,311$4,543$2,397$1,235$157
48 years$14,049$7,934$4,269$2,215$1,121$135
49 years$13,605$7,576$4,012$2,047$1,018$117
50 years$13,181$7,237$3,772$1,892$925$101

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 $2,603 every year, while hoping to spend $51,146 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: 64/27/9 Blend
74$13,500,000$13,500,000$13,500,000$13,500,000
75$14,879,685$14,164,185$13,954,935$15,803,866
76$16,342,994$14,803,811$14,368,006$17,060,147
77$17,953,846$15,473,065$14,793,201$18,425,491
78$19,727,237$16,173,344$15,230,872$19,915,422
79$21,679,690$16,906,112$15,681,381$21,542,043
80$23,829,412$17,672,905$16,145,101$23,318,664
81$26,196,465$18,475,330$16,622,415$25,259,925
82$28,802,955$19,315,072$17,113,717$27,381,932
83$31,673,243$20,193,897$17,619,413$29,702,404
84$34,834,170$21,113,655$18,139,919$32,240,834
85$38,315,315$22,076,283$18,675,666$35,018,673
86$42,149,271$23,083,815$19,227,094$38,059,524
87$46,371,952$24,138,378$19,794,658$41,389,363
88$51,022,936$25,242,203$20,378,824$45,036,778
89$56,145,833$26,397,628$20,980,072$49,033,234
90$61,788,700$27,607,104$21,598,897$53,413,365
91$68,004,494$28,873,199$22,235,806$58,215,293
92$74,851,569$30,198,602$22,891,322$63,480,987
93$82,394,229$31,586,134$23,565,982$69,256,649
94$90,703,337$33,038,751$24,260,339$75,593,144
95$99,856,978$34,559,551$24,974,961$82,546,475
96$109,941,201$36,151,779$25,710,433$90,178,304
97$121,050,827$37,818,840$26,467,355$98,556,527
98$133,290,346$39,564,298$27,246,347$107,755,908
99$146,774,905$41,391,893$28,048,043$117,858,774
100$161,631,391$43,305,541$28,873,099$128,955,786