Can I retire at age 75 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,200,820
2 years$625,475$613,826$602,537$591,591$580,973$561,656
3 years$412,841$401,142$389,881$379,038$368,593$349,783
4 years$306,545$294,882$283,734$273,075$262,884$244,726
5 years$242,784$231,191$220,189$209,748$199,840$182,386
6 years$200,291$188,785$177,945$167,737$158,127$141,397
7 years$169,950$158,541$147,873$137,906$128,599$112,600
8 years$147,205$135,899$125,408$115,686$106,686$91,413
9 years$129,524$118,325$108,014$98,539$89,845$75,291
10 years$115,387$104,297$94,169$84,941$76,552$62,706
11 years$103,829$92,850$82,905$73,924$65,837$52,685
12 years$94,203$83,337$73,576$64,842$57,053$44,577
13 years$86,065$75,312$65,735$57,245$49,752$37,934
14 years$79,095$68,457$59,064$50,816$43,612$32,434
15 years$73,060$62,537$53,326$45,319$38,399$27,840
16 years$67,785$57,376$48,348$40,578$33,937$23,975
17 years$63,135$52,841$43,995$36,459$30,091$20,705
18 years$59,006$48,828$40,162$32,857$26,756$17,922
19 years$55,316$45,253$36,766$29,689$23,848$15,545
20 years$52,000$42,051$33,742$26,889$21,302$13,506
21 years$49,003$39,169$31,036$24,404$19,062$11,752
22 years$46,282$36,563$28,605$22,189$17,087$10,239
23 years$43,802$34,197$26,411$20,208$15,338$8,931
24 years$41,531$32,040$24,426$18,431$13,786$7,797
25 years$39,446$30,068$22,623$16,832$12,405$6,812
26 years$37,524$28,259$20,982$15,390$11,174$5,957
27 years$35,747$26,595$19,484$14,087$10,075$5,212
28 years$34,100$25,060$18,113$12,907$9,091$4,562
29 years$32,570$23,642$16,855$11,836$8,209$3,996
30 years$31,144$22,327$15,700$10,862$7,417$3,501
31 years$29,813$21,106$14,637$9,976$6,706$3,068
32 years$28,568$19,971$13,656$9,168$6,066$2,690
33 years$27,400$18,913$12,751$8,431$5,489$2,359
34 years$26,304$17,925$11,914$7,757$4,970$2,070
35 years$25,272$17,002$11,139$7,141$4,502$1,816
36 years$24,300$16,137$10,420$6,577$4,079$1,594
37 years$23,383$15,326$9,753$6,060$3,697$1,399
38 years$22,516$14,566$9,133$5,585$3,351$1,228
39 years$21,695$13,850$8,557$5,150$3,039$1,078
40 years$20,918$13,178$8,020$4,750$2,757$947
41 years$20,180$12,544$7,520$4,382$2,501$831
42 years$19,479$11,946$7,054$4,044$2,269$730
43 years$18,813$11,382$6,620$3,734$2,059$641
44 years$18,179$10,850$6,214$3,447$1,869$563
45 years$17,574$10,346$5,834$3,184$1,697$495
46 years$16,998$9,870$5,480$2,941$1,541$434
47 years$16,448$9,419$5,148$2,717$1,399$382
48 years$15,922$8,992$4,838$2,511$1,271$335
49 years$15,419$8,587$4,547$2,320$1,154$295
50 years$14,938$8,202$4,275$2,145$1,048$259

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,300,000, adding $3,738 every year, while hoping to spend $53,504 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: 69/17/14 Blend
74$15,300,000$15,300,000$15,300,000$15,300,000
75$16,864,456$16,053,556$15,816,406$17,974,380
76$18,527,702$16,783,252$16,289,327$19,442,702
77$20,358,807$17,546,910$16,776,299$21,041,830
78$22,374,834$18,346,138$17,277,734$22,790,010
79$24,594,589$19,182,620$17,794,059$24,701,903
80$27,038,790$20,058,122$18,325,714$26,793,642
81$29,730,270$20,974,493$18,873,148$29,082,984
82$32,694,186$21,933,672$19,436,828$31,589,471
83$35,958,262$22,937,691$20,017,230$34,334,614
84$39,553,046$23,988,679$20,614,849$37,342,094
85$43,512,200$25,088,867$21,230,189$40,637,977
86$47,872,816$26,240,594$21,863,773$44,250,961
87$52,675,771$27,446,310$22,516,136$48,212,641
88$57,966,104$28,708,584$23,187,831$52,557,804
89$63,793,449$30,030,107$23,879,426$57,324,752
90$70,212,500$31,413,702$24,591,506$62,555,661
91$77,283,526$32,862,324$25,324,673$68,296,973
92$85,072,942$34,379,073$26,079,545$74,599,831
93$93,653,932$35,967,198$26,856,760$81,520,556
94$103,107,145$37,630,103$27,656,973$89,121,172
95$113,521,452$39,371,356$28,480,860$97,469,990
96$124,994,785$41,194,698$29,329,114$106,642,243
97$137,635,064$43,104,049$30,202,450$116,720,794
98$151,561,213$45,103,519$31,101,604$127,796,910
99$166,904,280$47,197,416$32,027,332$139,971,115
100$183,808,681$49,390,253$32,980,412$153,354,139