Can I retire at age 75 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,195,505
2 years$617,299$605,802$594,660$583,857$573,379$564,717
3 years$407,445$395,899$384,785$374,083$363,775$355,309
4 years$302,538$291,027$280,025$269,506$259,447$251,243
5 years$239,611$228,169$217,311$207,006$197,228$189,309
6 years$197,673$186,317$175,619$165,545$156,060$148,437
7 years$167,729$156,469$145,940$136,103$126,918$119,595
8 years$145,281$134,123$123,769$114,174$105,291$98,267
9 years$127,831$116,778$106,602$97,251$88,670$81,944
10 years$113,879$102,934$92,938$83,831$75,551$69,120
11 years$102,471$91,636$81,821$72,958$64,977$58,834
12 years$92,972$82,248$72,614$63,994$56,307$50,449
13 years$84,940$74,328$64,876$56,497$49,101$43,521
14 years$78,061$67,562$58,292$50,152$43,042$37,732
15 years$72,105$61,719$52,629$44,727$37,897$32,852
16 years$66,899$56,626$47,716$40,048$33,494$28,705
17 years$62,310$52,150$43,420$35,983$29,698$25,157
18 years$58,235$48,189$39,637$32,428$26,406$22,106
19 years$54,593$44,661$36,286$29,301$23,536$19,468
20 years$51,320$41,502$33,301$26,538$21,023$17,178
21 years$48,362$38,657$30,631$24,085$18,813$15,184
22 years$45,677$36,085$28,231$21,899$16,863$13,440
23 years$43,229$33,750$26,066$19,943$15,138$11,913
24 years$40,988$31,621$24,107$18,190$13,606$10,571
25 years$38,930$29,675$22,328$16,612$12,243$9,389
26 years$37,033$27,890$20,708$15,189$11,028$8,347
27 years$35,280$26,247$19,229$13,903$9,943$7,426
28 years$33,655$24,733$17,876$12,738$8,972$6,612
29 years$32,144$23,333$16,635$11,681$8,101$5,890
30 years$30,737$22,035$15,495$10,720$7,320$5,250
31 years$29,423$20,830$14,445$9,846$6,618$4,682
32 years$28,194$19,710$13,478$9,048$5,986$4,177
33 years$27,042$18,666$12,584$8,321$5,418$3,727
34 years$25,960$17,691$11,758$7,656$4,905$3,328
35 years$24,942$16,779$10,993$7,048$4,443$2,972
36 years$23,982$15,926$10,284$6,491$4,025$2,655
37 years$23,077$15,126$9,625$5,980$3,648$2,372
38 years$22,221$14,375$9,014$5,512$3,308$2,120
39 years$21,411$13,669$8,445$5,083$2,999$1,895
40 years$20,644$13,005$7,915$4,688$2,721$1,694
41 years$19,916$12,380$7,422$4,325$2,468$1,514
42 years$19,225$11,790$6,962$3,992$2,240$1,354
43 years$18,567$11,234$6,533$3,685$2,033$1,211
44 years$17,941$10,708$6,132$3,402$1,845$1,083
45 years$17,345$10,211$5,758$3,142$1,675$969
46 years$16,776$9,741$5,408$2,902$1,521$867
47 years$16,233$9,296$5,081$2,681$1,381$776
48 years$15,714$8,874$4,775$2,478$1,254$694
49 years$15,218$8,474$4,488$2,290$1,139$621
50 years$14,743$8,095$4,219$2,117$1,035$556

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,100,000, adding $3,380 every year, while hoping to spend $26,634 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: 52/34/14 Blend
74$15,100,000$15,100,000$15,100,000$15,100,000
75$16,643,686$15,843,386$15,609,336$17,446,456
76$18,313,004$16,591,374$16,103,911$18,743,746
77$20,151,700$17,375,120$16,614,161$20,150,818
78$22,177,021$18,196,349$17,140,583$21,680,544
79$24,407,976$19,056,869$17,683,691$23,344,536
80$26,865,508$19,958,574$18,244,014$25,155,549
81$29,572,698$20,903,453$18,822,096$27,127,595
82$32,554,979$21,893,587$19,418,502$29,276,074
83$35,840,377$22,931,164$20,033,813$31,617,910
84$39,459,777$24,018,472$20,668,627$34,171,704
85$43,447,212$25,157,915$21,323,563$36,957,905
86$47,840,185$26,352,010$21,999,260$39,998,995
87$52,680,023$27,603,399$22,696,375$43,319,692
88$58,012,270$28,914,850$23,415,588$46,947,182
89$63,887,111$30,289,267$24,157,600$50,911,358
90$70,359,850$31,729,694$24,923,133$55,245,104
91$77,491,430$33,239,324$25,712,933$59,984,588
92$85,349,010$34,821,505$26,527,771$65,169,600
93$94,006,597$36,479,747$27,368,439$70,843,918
94$103,545,745$38,217,730$28,235,757$77,055,705
95$114,056,326$40,039,314$29,130,570$83,857,961
96$125,637,378$41,948,546$30,053,750$91,309,009
97$138,398,037$43,949,672$31,006,197$99,473,031
98$152,458,571$46,047,140$31,988,839$108,420,668
99$167,951,513$48,245,618$33,002,633$118,229,670
100$185,022,914$50,549,999$34,048,568$128,985,618