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%19.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,057,188
2 years$564,154$553,647$543,464$533,591$524,015$480,977
3 years$372,367$361,815$351,657$341,877$332,457$290,979
4 years$276,492$265,972$255,917$246,303$237,111$197,510
5 years$218,982$208,525$198,602$189,185$180,248$142,624
6 years$180,655$170,277$160,500$151,292$142,624$107,002
7 years$153,289$142,998$133,376$124,386$115,992$82,359
8 years$132,774$122,576$113,113$104,344$96,226$64,550
9 years$116,826$106,724$97,425$88,878$81,036$51,268
10 years$104,075$94,072$84,937$76,614$69,047$41,130
11 years$93,649$83,747$74,777$66,677$59,383$33,252
12 years$84,967$75,167$66,363$58,485$51,460$27,046
13 years$77,627$67,929$59,291$51,633$44,874$22,104
14 years$71,341$61,745$53,273$45,834$39,336$18,134
15 years$65,897$56,405$48,098$40,876$34,635$14,924
16 years$61,139$51,751$43,608$36,600$30,610$12,312
17 years$56,945$47,661$39,682$32,885$27,141$10,178
18 years$53,221$44,041$36,224$29,636$24,133$8,428
19 years$49,893$40,816$33,162$26,779$21,510$6,989
20 years$46,902$37,929$30,434$24,253$19,213$5,802
21 years$44,199$35,329$27,994$22,011$17,194$4,821
22 years$41,745$32,978$25,800$20,013$15,412$4,009
23 years$39,507$30,844$23,822$18,226$13,834$3,336
24 years$37,460$28,899$22,031$16,624$12,435$2,777
25 years$35,579$27,120$20,405$15,182$11,189$2,313
26 years$33,845$25,489$18,925$13,881$10,079$1,927
27 years$32,243$23,988$17,574$12,706$9,087$1,606
28 years$30,757$22,603$16,337$11,641$8,199$1,339
29 years$29,377$21,324$15,203$10,675$7,404$1,117
30 years$28,091$20,138$14,161$9,797$6,690$931
31 years$26,890$19,037$13,202$8,998$6,048$777
32 years$25,767$18,013$12,318$8,269$5,471$648
33 years$24,714$17,059$11,501$7,604$4,951$541
34 years$23,725$16,168$10,746$6,997$4,483$451
35 years$22,794$15,335$10,047$6,441$4,060$376
36 years$21,918$14,555$9,398$5,932$3,679$314
37 years$21,090$13,824$8,797$5,465$3,334$262
38 years$20,308$13,138$8,238$5,038$3,023$219
39 years$19,568$12,493$7,718$4,645$2,741$183
40 years$18,867$11,886$7,234$4,284$2,486$152
41 years$18,201$11,314$6,783$3,953$2,256$127
42 years$17,569$10,775$6,363$3,648$2,047$106
43 years$16,968$10,266$5,971$3,367$1,858$89
44 years$16,396$9,786$5,604$3,109$1,686$74
45 years$15,851$9,332$5,262$2,872$1,531$62
46 years$15,331$8,902$4,943$2,652$1,390$52
47 years$14,835$8,496$4,643$2,451$1,262$43
48 years$14,361$8,110$4,364$2,264$1,146$36
49 years$13,908$7,745$4,101$2,093$1,041$30
50 years$13,474$7,398$3,856$1,934$945$25

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 $5,123 every year, while hoping to spend $54,428 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: 64/30/6 Blend
74$13,800,000$13,800,000$13,800,000$13,800,000
75$15,212,884$14,481,484$14,267,584$16,170,966
76$16,706,688$15,133,166$14,687,637$17,460,829
77$18,351,035$15,814,956$15,119,938$18,862,069
78$20,161,223$16,528,272$15,564,839$20,390,982
79$22,154,110$17,274,600$16,022,704$22,059,946
80$24,348,270$18,055,495$16,493,904$23,882,574
81$26,764,168$18,872,590$16,978,825$25,873,838
82$29,424,358$19,727,591$17,477,861$28,050,206
83$32,353,690$20,622,291$17,991,417$30,429,793
84$35,579,548$21,558,564$18,519,910$33,032,529
85$39,132,105$22,538,377$19,063,770$35,880,340
86$43,044,611$23,563,789$19,623,438$38,997,352
87$47,353,706$24,636,959$20,199,368$42,410,114
88$52,099,762$25,760,148$20,792,025$46,147,841
89$57,327,269$26,935,727$21,401,889$50,242,687
90$63,085,252$28,166,179$22,029,454$54,730,040
91$69,427,734$29,454,107$22,675,226$59,648,851
92$76,414,243$30,802,239$23,339,727$65,041,997
93$84,110,380$32,213,434$24,023,492$70,956,678
94$92,588,433$33,690,686$24,727,073$77,444,853
95$101,928,059$35,237,135$25,451,036$84,563,726
96$112,217,038$36,856,072$26,195,963$92,376,279
97$123,552,102$38,550,945$26,962,453$100,951,858
98$136,039,843$40,325,368$27,751,122$110,366,815
99$149,797,724$42,183,128$28,562,602$120,705,226
100$164,955,187$44,128,197$29,397,544$132,059,674