Can I retire at age 75 with 15,000,000?

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 $15,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,190,580
2 years$613,211$601,790$590,722$579,991$569,581$563,989
3 years$404,746$393,277$382,236$371,606$361,366$355,894
4 years$300,535$289,100$278,170$267,721$257,729$252,421
5 years$238,024$226,658$215,871$205,635$195,922$190,792
6 years$196,364$185,083$174,456$164,448$155,026$150,082
7 years$166,618$155,433$144,974$135,202$126,078$121,322
8 years$144,319$133,234$122,949$113,418$104,594$100,026
9 years$126,984$116,005$105,896$96,607$88,083$83,703
10 years$113,125$102,252$92,323$83,276$75,051$70,856
11 years$101,793$91,029$81,280$72,475$64,546$60,534
12 years$92,356$81,703$72,133$63,570$55,935$52,102
13 years$84,377$73,836$64,446$56,123$48,776$45,119
14 years$77,544$67,114$57,905$49,820$42,757$39,272
15 years$71,628$61,310$52,281$44,430$37,646$34,329
16 years$66,456$56,251$47,400$39,783$33,272$30,117
17 years$61,897$51,805$43,132$35,744$29,501$26,505
18 years$57,849$47,870$39,374$32,213$26,231$23,388
19 years$54,232$44,366$36,045$29,107$23,380$20,686
20 years$50,980$41,227$33,081$26,362$20,884$18,332
21 years$48,042$38,401$30,428$23,925$18,689$16,275
22 years$45,375$35,846$28,044$21,754$16,752$14,471
23 years$42,943$33,526$25,894$19,811$15,037$12,884
24 years$40,717$31,412$23,947$18,069$13,516$11,485
25 years$38,672$29,478$22,180$16,502$12,162$10,249
26 years$36,788$27,705$20,571$15,088$10,955$9,154
27 years$35,046$26,074$19,102$13,811$9,877$8,183
28 years$33,432$24,569$17,757$12,654$8,912$7,320
29 years$31,931$23,178$16,525$11,604$8,048$6,552
30 years$30,534$21,889$15,392$10,649$7,272$5,869
31 years$29,228$20,693$14,350$9,780$6,574$5,259
32 years$28,007$19,579$13,389$8,989$5,947$4,715
33 years$26,863$18,542$12,501$8,266$5,382$4,229
34 years$25,788$17,574$11,680$7,605$4,873$3,794
35 years$24,776$16,668$10,920$7,001$4,413$3,405
36 years$23,823$15,821$10,216$6,448$3,999$3,057
37 years$22,924$15,026$9,562$5,941$3,624$2,745
38 years$22,074$14,280$8,954$5,476$3,286$2,466
39 years$21,270$13,579$8,389$5,049$2,980$2,215
40 years$20,507$12,919$7,863$4,657$2,703$1,991
41 years$19,784$12,298$7,373$4,297$2,452$1,789
42 years$19,097$11,712$6,916$3,965$2,225$1,608
43 years$18,444$11,159$6,490$3,660$2,019$1,446
44 years$17,822$10,637$6,092$3,380$1,833$1,300
45 years$17,230$10,143$5,720$3,121$1,664$1,169
46 years$16,665$9,676$5,372$2,883$1,511$1,051
47 years$16,125$9,234$5,047$2,664$1,372$945
48 years$15,610$8,815$4,743$2,461$1,246$850
49 years$15,117$8,418$4,458$2,275$1,131$765
50 years$14,645$8,041$4,191$2,103$1,028$688

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,000,000, adding $4,467 every year, while hoping to spend $29,520 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: 65/25/10 Blend
74$15,000,000$15,000,000$15,000,000$15,000,000
75$16,534,608$15,739,608$15,507,108$17,573,734
76$18,189,729$16,479,439$15,995,187$19,006,711
77$20,012,683$17,254,534$16,498,627$20,567,872
78$22,020,557$18,066,587$17,017,912$22,272,826
79$24,232,182$18,917,378$17,553,540$24,135,576
80$26,668,307$19,808,772$18,106,027$26,171,529
81$29,351,797$20,742,724$18,675,901$28,397,630
82$32,307,847$21,721,284$19,263,711$30,832,521
83$35,564,223$22,746,603$19,870,020$33,496,712
84$39,151,520$23,820,932$20,495,412$36,412,771
85$43,103,453$24,946,636$21,140,486$39,605,529
86$47,457,175$26,126,191$21,805,863$43,102,312
87$52,253,628$27,362,196$22,492,180$46,933,195
88$57,537,928$28,657,372$23,200,097$51,131,276
89$63,359,790$30,014,578$23,930,294$55,732,986
90$69,774,002$31,436,805$24,683,472$60,778,428
91$76,840,936$32,927,194$25,460,354$66,311,743
92$84,627,122$34,489,037$26,261,687$72,381,528
93$93,205,873$36,125,785$27,088,239$79,041,282
94$102,657,981$37,841,058$27,940,804$86,349,907
95$113,072,475$39,638,649$28,820,200$94,372,255
96$124,547,464$41,522,540$29,727,274$103,179,732
97$137,191,062$43,496,901$30,662,894$112,850,964
98$151,122,410$45,566,108$31,627,960$123,472,533
99$166,472,797$47,734,749$32,623,398$135,139,780
100$183,386,905$50,007,634$33,650,164$147,957,702