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%16.9%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,069,493
2 years$564,154$553,647$543,464$533,591$524,015$493,081
3 years$372,367$361,815$351,657$341,877$332,457$302,496
4 years$276,492$265,972$255,917$246,303$237,111$208,354
5 years$218,982$208,525$198,602$189,185$180,248$152,773
6 years$180,655$170,277$160,500$151,292$142,624$116,456
7 years$153,289$142,998$133,376$124,386$115,992$91,132
8 years$132,774$122,576$113,113$104,344$96,226$72,661
9 years$116,826$106,724$97,425$88,878$81,036$58,742
10 years$104,075$94,072$84,937$76,614$69,047$47,995
11 years$93,649$83,747$74,777$66,677$59,383$39,539
12 years$84,967$75,167$66,363$58,485$51,460$32,786
13 years$77,627$67,929$59,291$51,633$44,874$27,329
14 years$71,341$61,745$53,273$45,834$39,336$22,878
15 years$65,897$56,405$48,098$40,876$34,635$19,219
16 years$61,139$51,751$43,608$36,600$30,610$16,192
17 years$56,945$47,661$39,682$32,885$27,141$13,674
18 years$53,221$44,041$36,224$29,636$24,133$11,570
19 years$49,893$40,816$33,162$26,779$21,510$9,807
20 years$46,902$37,929$30,434$24,253$19,213$8,324
21 years$44,199$35,329$27,994$22,011$17,194$7,073
22 years$41,745$32,978$25,800$20,013$15,412$6,017
23 years$39,507$30,844$23,822$18,226$13,834$5,122
24 years$37,460$28,899$22,031$16,624$12,435$4,364
25 years$35,579$27,120$20,405$15,182$11,189$3,720
26 years$33,845$25,489$18,925$13,881$10,079$3,173
27 years$32,243$23,988$17,574$12,706$9,087$2,707
28 years$30,757$22,603$16,337$11,641$8,199$2,311
29 years$29,377$21,324$15,203$10,675$7,404$1,973
30 years$28,091$20,138$14,161$9,797$6,690$1,685
31 years$26,890$19,037$13,202$8,998$6,048$1,440
32 years$25,767$18,013$12,318$8,269$5,471$1,230
33 years$24,714$17,059$11,501$7,604$4,951$1,051
34 years$23,725$16,168$10,746$6,997$4,483$899
35 years$22,794$15,335$10,047$6,441$4,060$768
36 years$21,918$14,555$9,398$5,932$3,679$657
37 years$21,090$13,824$8,797$5,465$3,334$561
38 years$20,308$13,138$8,238$5,038$3,023$480
39 years$19,568$12,493$7,718$4,645$2,741$410
40 years$18,867$11,886$7,234$4,284$2,486$351
41 years$18,201$11,314$6,783$3,953$2,256$300
42 years$17,569$10,775$6,363$3,648$2,047$257
43 years$16,968$10,266$5,971$3,367$1,858$220
44 years$16,396$9,786$5,604$3,109$1,686$188
45 years$15,851$9,332$5,262$2,872$1,531$161
46 years$15,331$8,902$4,943$2,652$1,390$137
47 years$14,835$8,496$4,643$2,451$1,262$118
48 years$14,361$8,110$4,364$2,264$1,146$101
49 years$13,908$7,745$4,101$2,093$1,041$86
50 years$13,474$7,398$3,856$1,934$945$74

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 $6,439 every year, while hoping to spend $49,882 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: 87/8/5 Blend
74$13,800,000$13,800,000$13,800,000$13,800,000
75$15,214,242$14,482,842$14,268,942$16,538,623
76$16,713,020$15,139,427$14,693,877$18,058,255
77$18,363,003$15,826,513$15,131,376$19,720,584
78$20,179,559$16,545,542$15,581,807$21,545,969
79$22,179,624$17,298,024$16,045,548$23,550,792
80$24,381,862$18,085,543$16,522,990$25,753,099
81$26,806,835$18,909,758$17,014,534$28,172,765
82$29,477,203$19,772,407$17,520,592$30,831,682
83$32,417,935$20,675,313$18,041,589$33,753,963
84$35,656,545$21,620,383$18,577,962$36,966,171
85$39,223,350$22,609,619$19,130,161$40,497,563
86$43,151,759$23,645,118$19,698,649$44,380,370
87$47,478,586$24,729,076$20,283,901$48,650,096
88$52,244,398$25,863,797$20,886,408$53,345,853
89$57,493,896$27,051,693$21,506,673$58,510,727
90$63,276,342$28,295,295$22,145,215$64,192,185
91$69,646,017$29,597,252$22,802,567$70,442,519
92$76,662,736$30,960,342$23,479,278$77,319,339
93$84,392,414$32,387,479$24,175,914$84,886,113
94$92,907,687$33,881,712$24,893,054$93,212,768
95$102,288,597$35,446,241$25,631,296$102,376,340
96$112,623,345$37,084,418$26,391,256$112,461,708
97$124,009,129$38,799,757$27,173,566$123,562,385
98$136,553,056$40,595,942$27,978,876$135,781,402
99$150,373,156$42,476,831$28,807,857$149,232,279
100$165,599,495$44,446,473$29,661,197$164,040,089