Can I retire at age 75 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,149,928
2 years$592,771$581,731$571,031$560,658$550,595$544,216
3 years$391,255$380,167$369,495$359,219$349,320$343,081
4 years$290,517$279,463$268,898$258,797$249,138$243,087
5 years$230,090$219,103$208,676$198,781$189,391$183,546
6 years$189,818$178,914$168,641$158,967$149,859$144,227
7 years$161,064$150,252$140,141$130,695$121,875$116,461
8 years$139,508$128,793$118,851$109,637$101,107$95,909
9 years$122,752$112,138$102,366$93,386$85,147$80,165
10 years$109,354$98,844$89,245$80,500$72,549$67,780
11 years$98,400$87,995$78,570$70,059$62,395$57,836
12 years$89,277$78,980$69,729$61,451$54,070$49,717
13 years$81,565$71,374$62,298$54,252$47,150$42,999
14 years$74,959$64,877$55,975$48,159$41,332$37,378
15 years$69,240$59,267$50,538$42,949$36,392$32,630
16 years$64,240$54,376$45,820$38,457$32,163$28,588
17 years$59,834$50,078$41,695$34,553$28,518$25,125
18 years$55,921$46,275$38,062$31,139$25,357$22,139
19 years$52,424$42,887$34,844$28,137$22,601$19,553
20 years$49,281$39,852$31,978$25,483$20,188$17,304
21 years$46,441$37,121$29,413$23,128$18,066$15,340
22 years$43,862$34,651$27,109$21,028$16,193$13,619
23 years$41,511$32,408$25,030$19,151$14,536$12,107
24 years$39,360$30,365$23,149$17,467$13,065$10,776
25 years$37,383$28,496$21,441$15,952$11,757$9,601
26 years$35,562$26,781$19,885$14,585$10,590$8,562
27 years$33,878$25,204$18,465$13,350$9,548$7,642
28 years$32,317$23,750$17,166$12,232$8,615$6,825
29 years$30,867$22,405$15,974$11,217$7,779$6,100
30 years$29,516$21,160$14,879$10,294$7,029$5,454
31 years$28,254$20,003$13,871$9,454$6,355$4,880
32 years$27,074$18,927$12,942$8,689$5,749$4,368
33 years$25,967$17,924$12,084$7,990$5,202$3,911
34 years$24,928$16,988$11,291$7,352$4,710$3,503
35 years$23,951$16,113$10,556$6,768$4,266$3,139
36 years$23,029$15,293$9,875$6,233$3,865$2,813
37 years$22,160$14,525$9,243$5,743$3,503$2,522
38 years$21,338$13,804$8,656$5,293$3,176$2,262
39 years$20,561$13,126$8,109$4,881$2,880$2,028
40 years$19,824$12,489$7,601$4,502$2,612$1,820
41 years$19,125$11,888$7,127$4,153$2,370$1,633
42 years$18,461$11,322$6,686$3,833$2,151$1,465
43 years$17,829$10,787$6,273$3,538$1,952$1,315
44 years$17,228$10,282$5,889$3,267$1,772$1,180
45 years$16,655$9,805$5,529$3,017$1,608$1,059
46 years$16,109$9,354$5,193$2,787$1,460$951
47 years$15,588$8,926$4,879$2,575$1,326$854
48 years$15,089$8,521$4,585$2,379$1,204$767
49 years$14,613$8,138$4,310$2,199$1,094$688
50 years$14,157$7,773$4,052$2,032$993$618

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $14,500,000, adding $3,593 every year, while hoping to spend $28,987 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: 43/40/17 Blend
74$14,500,000$14,500,000$14,500,000$14,500,000
75$15,982,706$15,214,206$14,989,456$16,590,762
76$17,582,100$15,928,860$15,460,761$17,733,715
77$19,343,661$16,677,561$15,946,883$18,968,080
78$21,283,899$17,461,946$16,448,288$20,304,772
79$23,421,007$18,283,732$16,965,456$21,753,219
80$25,775,034$19,144,719$17,498,884$23,323,763
81$28,368,073$20,046,795$18,049,081$25,027,754
82$31,224,466$20,991,938$18,616,575$26,877,651
83$34,371,042$21,982,223$19,201,910$28,887,132
84$37,837,361$23,019,825$19,805,647$31,071,217
85$41,655,999$24,107,024$20,428,364$33,446,400
86$45,862,855$25,246,212$21,070,658$36,030,800
87$50,497,484$26,439,895$21,733,143$38,844,322
88$55,603,480$27,690,702$22,416,456$41,908,837
89$61,228,877$29,001,389$23,121,250$45,248,379
90$67,426,612$30,374,845$23,848,200$48,889,361
91$74,255,015$31,814,102$24,598,004$52,860,821
92$81,778,368$33,322,334$25,371,379$57,194,677
93$90,067,508$34,902,875$26,169,066$61,926,023
94$99,200,494$36,559,216$26,991,830$67,093,450
95$109,263,346$38,295,020$27,840,458$72,739,394
96$120,350,858$40,114,127$28,715,765$78,910,528
97$132,567,490$42,020,563$29,618,587$85,658,188
98$146,028,356$44,018,552$30,549,791$93,038,846
99$160,860,307$46,112,520$31,510,268$101,114,627
100$177,203,134$48,307,110$32,500,938$109,953,883