Can I retire at age 75 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,079,096
2 years$564,154$553,647$543,464$533,591$524,015$502,606
3 years$372,367$361,815$351,657$341,877$332,457$311,642
4 years$276,492$265,972$255,917$246,303$237,111$217,051
5 years$218,982$208,525$198,602$189,185$180,248$161,000
6 years$180,655$170,277$160,500$151,292$142,624$124,210
7 years$153,289$142,998$133,376$124,386$115,992$98,415
8 years$132,774$122,576$113,113$104,344$96,226$79,482
9 years$116,826$106,724$97,425$88,878$81,036$65,114
10 years$104,075$94,072$84,937$76,614$69,047$53,932
11 years$93,649$83,747$74,777$66,677$59,383$45,057
12 years$84,967$75,167$66,363$58,485$51,460$37,902
13 years$77,627$67,929$59,291$51,633$44,874$32,063
14 years$71,341$61,745$53,273$45,834$39,336$27,248
15 years$65,897$56,405$48,098$40,876$34,635$23,244
16 years$61,139$51,751$43,608$36,600$30,610$19,892
17 years$56,945$47,661$39,682$32,885$27,141$17,068
18 years$53,221$44,041$36,224$29,636$24,133$14,678
19 years$49,893$40,816$33,162$26,779$21,510$12,647
20 years$46,902$37,929$30,434$24,253$19,213$10,915
21 years$44,199$35,329$27,994$22,011$17,194$9,433
22 years$41,745$32,978$25,800$20,013$15,412$8,162
23 years$39,507$30,844$23,822$18,226$13,834$7,069
24 years$37,460$28,899$22,031$16,624$12,435$6,128
25 years$35,579$27,120$20,405$15,182$11,189$5,316
26 years$33,845$25,489$18,925$13,881$10,079$4,615
27 years$32,243$23,988$17,574$12,706$9,087$4,009
28 years$30,757$22,603$16,337$11,641$8,199$3,484
29 years$29,377$21,324$15,203$10,675$7,404$3,029
30 years$28,091$20,138$14,161$9,797$6,690$2,634
31 years$26,890$19,037$13,202$8,998$6,048$2,292
32 years$25,767$18,013$12,318$8,269$5,471$1,994
33 years$24,714$17,059$11,501$7,604$4,951$1,736
34 years$23,725$16,168$10,746$6,997$4,483$1,511
35 years$22,794$15,335$10,047$6,441$4,060$1,316
36 years$21,918$14,555$9,398$5,932$3,679$1,146
37 years$21,090$13,824$8,797$5,465$3,334$998
38 years$20,308$13,138$8,238$5,038$3,023$870
39 years$19,568$12,493$7,718$4,645$2,741$758
40 years$18,867$11,886$7,234$4,284$2,486$660
41 years$18,201$11,314$6,783$3,953$2,256$575
42 years$17,569$10,775$6,363$3,648$2,047$501
43 years$16,968$10,266$5,971$3,367$1,858$437
44 years$16,396$9,786$5,604$3,109$1,686$381
45 years$15,851$9,332$5,262$2,872$1,531$332
46 years$15,331$8,902$4,943$2,652$1,390$289
47 years$14,835$8,496$4,643$2,451$1,262$252
48 years$14,361$8,110$4,364$2,264$1,146$220
49 years$13,908$7,745$4,101$2,093$1,041$192
50 years$13,474$7,398$3,856$1,934$945$167

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,800,000, adding $4,409 every year, while hoping to spend $37,381 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: 36/40/24 Blend
74$13,800,000$13,800,000$13,800,000$13,800,000
75$15,212,148$14,480,748$14,266,848$15,649,541
76$16,724,014$15,150,531$14,705,014$16,641,905
77$18,388,837$15,851,882$15,156,606$17,708,754
78$20,222,180$16,586,305$15,622,034$18,859,770
79$22,241,192$17,355,383$16,101,721$20,102,525
80$24,464,767$18,160,771$16,596,102$21,445,317
81$26,913,728$19,004,204$17,105,627$22,897,247
82$29,611,021$19,887,502$17,630,758$24,468,297
83$32,581,929$20,812,573$18,171,972$26,169,415
84$35,854,312$21,781,416$18,729,760$28,012,615
85$39,458,873$22,796,126$19,304,627$30,011,082
86$43,429,442$23,858,901$19,897,097$32,179,290
87$47,803,302$24,972,043$20,507,706$34,533,127
88$52,621,533$26,137,968$21,137,009$37,090,043
89$57,929,405$27,359,204$21,785,575$39,869,201
90$63,776,806$28,638,407$22,453,993$42,891,650
91$70,218,708$29,978,356$23,142,869$46,180,517
92$77,315,688$31,381,968$23,852,827$49,761,213
93$85,134,503$32,852,299$24,584,512$53,661,664
94$93,748,714$34,392,553$25,338,585$57,912,561
95$103,239,385$36,006,091$26,115,730$62,547,645
96$113,695,847$37,696,433$26,916,650$67,604,005
97$125,216,537$39,467,273$27,742,072$73,122,426
98$137,909,935$41,322,480$28,592,743$79,147,751
99$151,895,581$43,266,114$29,469,433$85,729,299
100$167,305,206$45,302,430$30,372,934$92,921,312