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

Use the below retirement simulation to view the chances of a successful retirement.
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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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.
1 years$1,238,686$1,227,652$1,216,888$1,206,381$1,196,121$1,181,664
2 years$613,211$601,790$590,722$579,991$569,581$555,033
3 years$404,746$393,277$382,236$371,606$361,366$347,177
4 years$300,535$289,100$278,170$267,721$257,729$244,009
5 years$238,024$226,658$215,871$205,635$195,922$182,710
6 years$196,364$185,083$174,456$164,448$155,026$142,340
7 years$166,618$155,433$144,974$135,202$126,078$113,921
8 years$144,319$133,234$122,949$113,418$104,594$92,966
9 years$126,984$116,005$105,896$96,607$88,083$76,979
10 years$113,125$102,252$92,323$83,276$75,051$64,464
11 years$101,793$91,029$81,280$72,475$64,546$54,467
12 years$92,356$81,703$72,133$63,570$55,935$46,351
13 years$84,377$73,836$64,446$56,123$48,776$39,676
14 years$77,544$67,114$57,905$49,820$42,757$34,128
15 years$71,628$61,310$52,281$44,430$37,646$29,474
16 years$66,456$56,251$47,400$39,783$33,272$25,542
17 years$61,897$51,805$43,132$35,744$29,501$22,199
18 years$57,849$47,870$39,374$32,213$26,231$19,341
19 years$54,232$44,366$36,045$29,107$23,380$16,886
20 years$50,980$41,227$33,081$26,362$20,884$14,770
21 years$48,042$38,401$30,428$23,925$18,689$12,939
22 years$45,375$35,846$28,044$21,754$16,752$11,350
23 years$42,943$33,526$25,894$19,811$15,037$9,969
24 years$40,717$31,412$23,947$18,069$13,516$8,764
25 years$38,672$29,478$22,180$16,502$12,162$7,712
26 years$36,788$27,705$20,571$15,088$10,955$6,792
27 years$35,046$26,074$19,102$13,811$9,877$5,985
28 years$33,432$24,569$17,757$12,654$8,912$5,278
29 years$31,931$23,178$16,525$11,604$8,048$4,656
30 years$30,534$21,889$15,392$10,649$7,272$4,110
31 years$29,228$20,693$14,350$9,780$6,574$3,629
32 years$28,007$19,579$13,389$8,989$5,947$3,206
33 years$26,863$18,542$12,501$8,266$5,382$2,833
34 years$25,788$17,574$11,680$7,605$4,873$2,504
35 years$24,776$16,668$10,920$7,001$4,413$2,213
36 years$23,823$15,821$10,216$6,448$3,999$1,957
37 years$22,924$15,026$9,562$5,941$3,624$1,731
38 years$22,074$14,280$8,954$5,476$3,286$1,531
39 years$21,270$13,579$8,389$5,049$2,980$1,355
40 years$20,507$12,919$7,863$4,657$2,703$1,199
41 years$19,784$12,298$7,373$4,297$2,452$1,061
42 years$19,097$11,712$6,916$3,965$2,225$939
43 years$18,444$11,159$6,490$3,660$2,019$831
44 years$17,822$10,637$6,092$3,380$1,833$736
45 years$17,230$10,143$5,720$3,121$1,664$651
46 years$16,665$9,676$5,372$2,883$1,511$577
47 years$16,125$9,234$5,047$2,664$1,372$510
48 years$15,610$8,815$4,743$2,461$1,246$452
49 years$15,117$8,418$4,458$2,275$1,131$400
50 years$14,645$8,041$4,191$2,103$1,028$354

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 $4,674 every year, while hoping to spend $50,433 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: 51/28/21 Blend