Can I retire at age 75 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,098,202
2 years$568,242$557,659$547,403$537,458$527,812$517,531
3 years$375,065$364,436$354,206$344,355$334,866$324,827
4 years$278,495$267,899$257,771$248,088$238,829$229,109
5 years$220,569$210,036$200,041$190,555$181,554$172,182
6 years$181,964$171,510$161,663$152,389$143,658$134,645
7 years$154,399$144,034$134,343$125,287$116,832$108,183
8 years$133,736$123,464$113,933$105,100$96,923$88,638
9 years$117,672$107,498$98,131$89,522$81,624$73,698
10 years$104,829$94,754$85,552$77,169$69,547$61,978
11 years$94,328$84,354$75,319$67,160$59,813$52,593
12 years$85,583$75,711$66,844$58,908$51,833$44,956
13 years$78,190$68,421$59,720$52,007$45,199$38,657
14 years$71,858$62,193$53,659$46,166$39,621$33,406
15 years$66,375$56,814$48,447$41,172$34,886$28,987
16 years$61,582$52,126$43,924$36,865$30,832$25,242
17 years$57,358$48,006$39,969$33,123$27,338$22,045
18 years$53,607$44,360$36,487$29,851$24,308$19,303
19 years$50,255$41,112$33,402$26,973$21,666$16,939
20 years$47,242$38,203$30,655$24,429$19,352$14,892
21 years$44,519$35,585$28,196$22,171$17,318$13,114
22 years$42,047$33,217$25,987$20,158$15,523$11,565
23 years$39,794$31,067$23,995$18,359$13,935$10,212
24 years$37,731$29,108$22,191$16,744$12,525$9,027
25 years$35,836$27,317$20,553$15,292$11,270$7,987
26 years$34,090$25,673$19,062$13,982$10,152$7,072
27 years$32,476$24,161$17,701$12,798$9,153$6,267
28 years$30,980$22,767$16,455$11,726$8,259$5,558
29 years$29,590$21,478$15,313$10,753$7,457$4,931
30 years$28,294$20,284$14,264$9,868$6,738$4,377
31 years$27,085$19,175$13,297$9,063$6,092$3,888
32 years$25,954$18,144$12,407$8,329$5,511$3,454
33 years$24,893$17,182$11,584$7,660$4,987$3,070
34 years$23,897$16,285$10,824$7,047$4,515$2,729
35 years$22,960$15,446$10,119$6,488$4,090$2,427
36 years$22,076$14,660$9,466$5,975$3,705$2,159
37 years$21,243$13,924$8,860$5,505$3,358$1,921
38 years$20,455$13,233$8,297$5,074$3,045$1,709
39 years$19,710$12,583$7,774$4,679$2,761$1,521
40 years$19,003$11,972$7,286$4,315$2,504$1,354
41 years$18,333$11,396$6,832$3,981$2,272$1,206
42 years$17,697$10,853$6,409$3,674$2,062$1,074
43 years$17,091$10,341$6,014$3,392$1,871$956
44 years$16,515$9,857$5,645$3,132$1,698$851
45 years$15,966$9,400$5,301$2,892$1,542$758
46 years$15,442$8,967$4,978$2,672$1,400$675
47 years$14,943$8,557$4,677$2,468$1,271$602
48 years$14,465$8,169$4,395$2,281$1,154$536
49 years$14,008$7,801$4,131$2,108$1,048$477
50 years$13,571$7,452$3,884$1,948$952$425

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,900,000, adding $5,515 every year, while hoping to spend $50,609 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: 77/13/10 Blend
74$13,900,000$13,900,000$13,900,000$13,900,000
75$15,323,489$14,586,789$14,371,339$16,476,569
76$16,832,637$15,247,694$14,798,931$17,896,716
77$18,494,022$15,939,287$15,239,151$19,446,427
78$20,323,119$16,663,019$15,692,370$21,144,178
79$22,336,979$17,420,408$16,158,966$23,004,686
80$24,554,391$18,213,049$16,639,331$25,044,152
81$26,996,059$19,042,608$17,133,869$27,280,412
82$29,684,796$19,910,835$17,642,993$29,733,106
83$32,645,742$20,819,562$18,167,129$32,423,859
84$35,906,596$21,770,710$18,706,717$35,376,485
85$39,497,884$22,766,289$19,262,207$38,617,205
86$43,453,241$23,808,410$19,834,063$42,174,897
87$47,809,731$24,899,282$20,422,764$46,081,361
88$52,608,197$26,041,220$21,028,800$50,371,623
89$57,893,646$27,236,653$21,652,678$55,084,253
90$63,715,672$28,488,123$22,294,917$60,261,738
91$70,128,926$29,798,297$22,956,052$65,950,869
92$77,193,632$31,169,968$23,636,635$72,203,185
93$84,976,151$32,606,065$24,337,231$79,075,457
94$93,549,613$34,109,658$25,058,423$86,630,217
95$102,994,605$35,683,962$25,800,811$94,936,345
96$113,399,927$37,332,349$26,565,012$104,069,718
97$124,863,439$39,058,353$27,351,659$114,113,920
98$137,492,976$40,865,678$28,161,405$125,161,026
99$151,407,369$42,758,206$28,994,922$137,312,470
100$166,737,569$44,740,007$29,852,900$150,679,993