Can I retire at age 75 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,104,721
2 years$572,330$561,671$551,341$541,325$531,609$519,869
3 years$377,763$367,058$356,754$346,832$337,275$325,816
4 years$280,499$269,827$259,625$249,873$240,547$229,459
5 years$222,156$211,547$201,480$191,926$182,860$172,175
6 years$183,273$172,744$162,826$153,485$144,691$134,422
7 years$155,510$145,070$135,309$126,189$117,673$107,824
8 years$134,698$124,352$114,753$105,856$97,621$88,192
9 years$118,519$108,271$98,837$90,166$82,211$73,199
10 years$105,583$95,436$86,168$77,724$70,048$61,447
11 years$95,006$84,961$75,861$67,643$60,243$52,046
12 years$86,199$76,256$67,325$59,332$52,206$44,404
13 years$78,752$68,913$60,150$52,381$45,524$38,108
14 years$72,375$62,640$54,045$46,498$39,906$32,866
15 years$66,852$57,223$48,795$41,468$35,137$28,462
16 years$62,025$52,501$44,240$37,130$31,054$24,733
17 years$57,770$48,351$40,257$33,361$27,535$21,556
18 years$53,993$44,679$36,749$30,065$24,482$18,834
19 years$50,616$41,408$33,642$27,167$21,822$16,491
20 years$47,582$38,478$30,875$24,605$19,492$14,467
21 years$44,839$35,841$28,399$22,330$17,443$12,712
22 years$42,350$33,456$26,174$20,303$15,635$11,185
23 years$40,080$31,291$24,167$18,491$14,035$9,853
24 years$38,003$29,318$22,351$16,865$12,615$8,690
25 years$36,094$27,513$20,701$15,402$11,351$7,671
26 years$34,335$25,858$19,199$14,082$10,225$6,776
27 years$32,710$24,335$17,828$12,890$9,219$5,991
28 years$31,203$22,931$16,574$11,810$8,318$5,300
29 years$29,803$21,633$15,423$10,830$7,511$4,691
30 years$28,498$20,430$14,366$9,939$6,787$4,154
31 years$27,280$19,313$13,393$9,128$6,136$3,680
32 years$26,140$18,274$12,496$8,389$5,550$3,262
33 years$25,072$17,306$11,668$7,715$5,023$2,892
34 years$24,069$16,402$10,902$7,098$4,548$2,564
35 years$23,125$15,557$10,192$6,534$4,119$2,275
36 years$22,235$14,766$9,535$6,018$3,732$2,018
37 years$21,396$14,024$8,924$5,545$3,383$1,791
38 years$20,602$13,328$8,357$5,111$3,067$1,590
39 years$19,852$12,674$7,830$4,712$2,781$1,411
40 years$19,140$12,058$7,339$4,346$2,522$1,253
41 years$18,465$11,478$6,881$4,010$2,288$1,113
42 years$17,824$10,931$6,455$3,701$2,076$988
43 years$17,214$10,415$6,057$3,416$1,885$878
44 years$16,634$9,928$5,686$3,154$1,711$780
45 years$16,081$9,467$5,339$2,913$1,553$693
46 years$15,554$9,031$5,014$2,691$1,410$615
47 years$15,050$8,619$4,711$2,486$1,280$547
48 years$14,569$8,228$4,427$2,297$1,163$486
49 years$14,109$7,857$4,161$2,123$1,056$432
50 years$13,669$7,505$3,912$1,962$959$383

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $14,000,000, adding $2,166 every year, while hoping to spend $41,007 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: 82/12/6 Blend
74$14,000,000$14,000,000$14,000,000$14,000,000
75$15,430,234$14,688,234$14,471,234$16,689,489
76$16,960,487$15,364,327$14,912,389$18,188,947
77$18,645,451$16,072,173$15,366,949$19,828,964
78$20,500,864$16,813,286$15,835,319$21,628,054
79$22,544,067$17,589,252$16,317,916$23,602,112
80$24,794,167$18,401,731$16,815,173$25,768,641
81$27,272,223$19,252,466$17,327,531$28,146,915
82$30,001,435$20,143,282$17,855,449$30,758,160
83$33,007,371$21,076,093$18,399,396$33,625,748
84$36,318,205$22,052,904$18,959,858$36,775,421
85$39,964,983$23,075,817$19,537,334$40,235,530
86$43,981,915$24,147,036$20,132,338$44,037,298
87$48,406,700$25,268,870$20,745,401$48,215,115
88$53,280,880$26,443,741$21,377,069$52,806,858
89$58,650,232$27,674,187$22,027,903$57,854,249
90$64,565,201$28,962,868$22,698,484$63,403,242
91$71,081,376$30,312,573$23,389,407$69,504,457
92$78,260,011$31,726,224$24,101,287$76,213,654
93$86,168,611$33,206,887$24,834,759$83,592,256
94$94,881,558$34,757,774$25,590,473$91,707,924
95$104,480,825$36,382,253$26,369,101$100,635,198
96$115,056,739$38,083,853$27,171,336$110,456,187
97$126,708,841$39,866,276$27,997,890$121,261,353
98$139,546,821$41,733,402$28,849,498$133,150,348
99$153,691,556$43,689,298$29,726,915$146,232,963
100$169,276,249$45,738,228$30,630,921$160,630,148