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%19%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,068,229
2 years$568,242$557,659$547,403$537,458$527,812$487,776
3 years$375,065$364,436$354,206$344,355$334,866$296,228
4 years$278,495$267,899$257,771$248,088$238,829$201,886
5 years$220,569$210,036$200,041$190,555$181,554$146,401
6 years$181,964$171,510$161,663$152,389$143,658$110,321
7 years$154,399$144,034$134,343$125,287$116,832$85,303
8 years$133,736$123,464$113,933$105,100$96,923$67,176
9 years$117,672$107,498$98,131$89,522$81,624$53,617
10 years$104,829$94,754$85,552$77,169$69,547$43,233
11 years$94,328$84,354$75,319$67,160$59,813$35,135
12 years$85,583$75,711$66,844$58,908$51,833$28,731
13 years$78,190$68,421$59,720$52,007$45,199$23,610
14 years$71,858$62,193$53,659$46,166$39,621$19,479
15 years$66,375$56,814$48,447$41,172$34,886$16,122
16 years$61,582$52,126$43,924$36,865$30,832$13,378
17 years$57,358$48,006$39,969$33,123$27,338$11,125
18 years$53,607$44,360$36,487$29,851$24,308$9,268
19 years$50,255$41,112$33,402$26,973$21,666$7,731
20 years$47,242$38,203$30,655$24,429$19,352$6,458
21 years$44,519$35,585$28,196$22,171$17,318$5,399
22 years$42,047$33,217$25,987$20,158$15,523$4,518
23 years$39,794$31,067$23,995$18,359$13,935$3,783
24 years$37,731$29,108$22,191$16,744$12,525$3,170
25 years$35,836$27,317$20,553$15,292$11,270$2,657
26 years$34,090$25,673$19,062$13,982$10,152$2,228
27 years$32,476$24,161$17,701$12,798$9,153$1,869
28 years$30,980$22,767$16,455$11,726$8,259$1,568
29 years$29,590$21,478$15,313$10,753$7,457$1,316
30 years$28,294$20,284$14,264$9,868$6,738$1,105
31 years$27,085$19,175$13,297$9,063$6,092$928
32 years$25,954$18,144$12,407$8,329$5,511$779
33 years$24,893$17,182$11,584$7,660$4,987$654
34 years$23,897$16,285$10,824$7,047$4,515$550
35 years$22,960$15,446$10,119$6,488$4,090$462
36 years$22,076$14,660$9,466$5,975$3,705$388
37 years$21,243$13,924$8,860$5,505$3,358$326
38 years$20,455$13,233$8,297$5,074$3,045$274
39 years$19,710$12,583$7,774$4,679$2,761$230
40 years$19,003$11,972$7,286$4,315$2,504$193
41 years$18,333$11,396$6,832$3,981$2,272$162
42 years$17,697$10,853$6,409$3,674$2,062$136
43 years$17,091$10,341$6,014$3,392$1,871$115
44 years$16,515$9,857$5,645$3,132$1,698$96
45 years$15,966$9,400$5,301$2,892$1,542$81
46 years$15,442$8,967$4,978$2,672$1,400$68
47 years$14,943$8,557$4,677$2,468$1,271$57
48 years$14,465$8,169$4,395$2,281$1,154$48
49 years$14,008$7,801$4,131$2,108$1,048$40
50 years$13,571$7,452$3,884$1,948$952$34

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 $6,977 every year, while hoping to spend $59,191 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: 54/38/8 Blend
74$13,900,000$13,900,000$13,900,000$13,900,000
75$15,324,997$14,588,297$14,372,847$16,122,583
76$16,825,168$15,240,145$14,791,358$17,315,107
77$18,476,372$15,921,949$15,221,906$18,605,236
78$20,293,953$16,635,116$15,664,831$20,007,902
79$22,294,817$17,381,117$16,120,483$21,533,781
80$24,497,591$18,161,494$16,589,223$23,194,604
81$26,922,803$18,977,865$17,071,419$25,003,260
82$29,593,069$19,831,921$17,567,452$26,973,915
83$32,533,313$20,725,436$18,077,712$29,122,139
84$35,770,997$21,660,268$18,602,602$31,465,049
85$39,336,383$22,638,365$19,142,533$34,021,463
86$43,262,815$23,661,766$19,697,929$36,812,073
87$47,587,038$24,732,609$20,269,225$39,859,632
88$52,349,541$25,853,132$20,856,870$43,189,166
89$57,594,941$27,025,683$21,461,322$46,828,197
90$63,372,404$28,252,719$22,083,055$50,807,002
91$69,736,105$29,536,818$22,722,553$55,158,888
92$76,745,744$30,880,679$23,380,315$59,920,499
93$84,467,108$32,287,131$24,056,854$65,132,154
94$92,972,691$33,759,138$24,752,696$70,838,216
95$102,342,375$35,299,806$25,468,382$77,087,507
96$112,664,192$36,912,390$26,204,467$83,933,754
97$124,035,145$38,600,303$26,961,521$91,436,091
98$136,562,130$40,367,118$27,740,133$99,659,604
99$150,362,942$42,216,582$28,540,902$108,675,932
100$165,567,389$44,152,621$29,364,449$118,563,938