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%13.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,083,093
2 years$564,154$553,647$543,464$533,591$524,015$506,592
3 years$372,367$361,815$351,657$341,877$332,457$315,491
4 years$276,492$265,972$255,917$246,303$237,111$220,733
5 years$218,982$208,525$198,602$189,185$180,248$164,505
6 years$180,655$170,277$160,500$151,292$142,624$127,535
7 years$153,289$142,998$133,376$124,386$115,992$101,561
8 years$132,774$122,576$113,113$104,344$96,226$82,451
9 years$116,826$106,724$97,425$88,878$81,036$67,910
10 years$104,075$94,072$84,937$76,614$69,047$56,559
11 years$93,649$83,747$74,777$66,677$59,383$47,519
12 years$84,967$75,167$66,363$58,485$51,460$40,207
13 years$77,627$67,929$59,291$51,633$44,874$34,215
14 years$71,341$61,745$53,273$45,834$39,336$29,254
15 years$65,897$56,405$48,098$40,876$34,635$25,110
16 years$61,139$51,751$43,608$36,600$30,610$21,625
17 years$56,945$47,661$39,682$32,885$27,141$18,675
18 years$53,221$44,041$36,224$29,636$24,133$16,165
19 years$49,893$40,816$33,162$26,779$21,510$14,021
20 years$46,902$37,929$30,434$24,253$19,213$12,182
21 years$44,199$35,329$27,994$22,011$17,194$10,600
22 years$41,745$32,978$25,800$20,013$15,412$9,235
23 years$39,507$30,844$23,822$18,226$13,834$8,055
24 years$37,460$28,899$22,031$16,624$12,435$7,032
25 years$35,579$27,120$20,405$15,182$11,189$6,144
26 years$33,845$25,489$18,925$13,881$10,079$5,373
27 years$32,243$23,988$17,574$12,706$9,087$4,701
28 years$30,757$22,603$16,337$11,641$8,199$4,115
29 years$29,377$21,324$15,203$10,675$7,404$3,604
30 years$28,091$20,138$14,161$9,797$6,690$3,158
31 years$26,890$19,037$13,202$8,998$6,048$2,768
32 years$25,767$18,013$12,318$8,269$5,471$2,427
33 years$24,714$17,059$11,501$7,604$4,951$2,128
34 years$23,725$16,168$10,746$6,997$4,483$1,867
35 years$22,794$15,335$10,047$6,441$4,060$1,638
36 years$21,918$14,555$9,398$5,932$3,679$1,437
37 years$21,090$13,824$8,797$5,465$3,334$1,262
38 years$20,308$13,138$8,238$5,038$3,023$1,108
39 years$19,568$12,493$7,718$4,645$2,741$972
40 years$18,867$11,886$7,234$4,284$2,486$854
41 years$18,201$11,314$6,783$3,953$2,256$750
42 years$17,569$10,775$6,363$3,648$2,047$658
43 years$16,968$10,266$5,971$3,367$1,858$578
44 years$16,396$9,786$5,604$3,109$1,686$508
45 years$15,851$9,332$5,262$2,872$1,531$446
46 years$15,331$8,902$4,943$2,652$1,390$392
47 years$14,835$8,496$4,643$2,451$1,262$344
48 years$14,361$8,110$4,364$2,264$1,146$302
49 years$13,908$7,745$4,101$2,093$1,041$266
50 years$13,474$7,398$3,856$1,934$945$233

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 $2,133 every year, while hoping to spend $54,691 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: 62/30/8 Blend
74$13,800,000$13,800,000$13,800,000$13,800,000
75$15,209,800$14,478,400$14,264,500$16,127,508
76$16,703,009$15,129,651$14,684,170$17,392,244
77$18,346,692$15,810,980$15,116,066$18,765,545
78$20,156,140$16,523,804$15,560,540$20,263,059
79$22,148,202$17,269,605$16,017,953$21,896,795
80$24,341,442$18,049,939$16,488,678$23,679,957
81$26,756,317$18,866,434$16,973,097$25,627,067
82$29,415,369$19,720,797$17,471,603$27,754,095
83$32,343,436$20,614,816$17,984,602$30,078,608
84$35,567,889$21,550,365$18,512,508$32,619,931
85$39,118,887$22,529,406$19,055,751$35,399,324
86$43,029,664$23,553,997$19,614,768$38,440,177
87$47,336,840$24,626,293$20,190,014$41,768,226
88$52,080,770$25,748,554$20,781,951$45,411,794
89$57,305,922$26,923,146$21,391,060$49,402,046
90$63,061,295$28,152,550$22,017,830$53,773,283
91$69,400,887$29,439,364$22,662,767$58,563,258
92$76,384,199$30,786,314$23,326,391$63,813,525
93$84,076,797$32,196,254$24,009,235$69,569,824
94$92,550,935$33,672,175$24,711,849$75,882,509
95$101,886,232$35,217,213$25,434,797$82,807,012
96$112,170,425$36,834,654$26,178,660$90,404,362
97$123,500,197$38,527,941$26,944,034$98,741,748
98$135,982,090$40,300,683$27,731,532$107,893,153
99$149,733,510$42,156,663$28,541,785$117,940,033
100$164,883,833$44,099,845$29,375,440$128,972,088