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%12.8%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,205,798
2 years$625,475$613,826$602,537$591,591$580,973$566,634
3 years$412,841$401,142$389,881$379,038$368,593$354,606
4 years$306,545$294,882$283,734$273,075$262,884$249,357
5 years$242,784$231,191$220,189$209,748$199,840$186,812
6 years$200,291$188,785$177,945$167,737$158,127$145,614
7 years$169,950$158,541$147,873$137,906$128,599$116,607
8 years$147,205$135,899$125,408$115,686$106,686$95,212
9 years$129,524$118,325$108,014$98,539$89,845$78,886
10 years$115,387$104,297$94,169$84,941$76,552$66,100
11 years$103,829$92,850$82,905$73,924$65,837$55,884
12 years$94,203$83,337$73,576$64,842$57,053$47,587
13 years$86,065$75,312$65,735$57,245$49,752$40,761
14 years$79,095$68,457$59,064$50,816$43,612$35,084
15 years$73,060$62,537$53,326$45,319$38,399$30,321
16 years$67,785$57,376$48,348$40,578$33,937$26,294
17 years$63,135$52,841$43,995$36,459$30,091$22,868
18 years$59,006$48,828$40,162$32,857$26,756$19,938
19 years$55,316$45,253$36,766$29,689$23,848$17,420
20 years$52,000$42,051$33,742$26,889$21,302$15,248
21 years$49,003$39,169$31,036$24,404$19,062$13,368
22 years$46,282$36,563$28,605$22,189$17,087$11,736
23 years$43,802$34,197$26,411$20,208$15,338$10,315
24 years$41,531$32,040$24,426$18,431$13,786$9,076
25 years$39,446$30,068$22,623$16,832$12,405$7,993
26 years$37,524$28,259$20,982$15,390$11,174$7,044
27 years$35,747$26,595$19,484$14,087$10,075$6,213
28 years$34,100$25,060$18,113$12,907$9,091$5,483
29 years$32,570$23,642$16,855$11,836$8,209$4,841
30 years$31,144$22,327$15,700$10,862$7,417$4,276
31 years$29,813$21,106$14,637$9,976$6,706$3,779
32 years$28,568$19,971$13,656$9,168$6,066$3,341
33 years$27,400$18,913$12,751$8,431$5,489$2,955
34 years$26,304$17,925$11,914$7,757$4,970$2,614
35 years$25,272$17,002$11,139$7,141$4,502$2,313
36 years$24,300$16,137$10,420$6,577$4,079$2,047
37 years$23,383$15,326$9,753$6,060$3,697$1,812
38 years$22,516$14,566$9,133$5,585$3,351$1,604
39 years$21,695$13,850$8,557$5,150$3,039$1,420
40 years$20,918$13,178$8,020$4,750$2,757$1,258
41 years$20,180$12,544$7,520$4,382$2,501$1,114
42 years$19,479$11,946$7,054$4,044$2,269$987
43 years$18,813$11,382$6,620$3,734$2,059$874
44 years$18,179$10,850$6,214$3,447$1,869$775
45 years$17,574$10,346$5,834$3,184$1,697$686
46 years$16,998$9,870$5,480$2,941$1,541$608
47 years$16,448$9,419$5,148$2,717$1,399$539
48 years$15,922$8,992$4,838$2,511$1,271$478
49 years$15,419$8,587$4,547$2,320$1,154$423
50 years$14,938$8,202$4,275$2,145$1,048$375

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 $3,992 every year, while hoping to spend $24,937 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: 35/43/22 Blend
74$15,300,000$15,300,000$15,300,000$15,300,000
75$16,864,718$16,053,818$15,816,668$17,342,089
76$18,558,386$16,813,922$16,319,993$18,454,604
77$20,423,973$17,610,436$16,839,345$19,651,583
78$22,478,988$18,445,116$17,375,232$20,942,601
79$24,742,724$19,319,807$17,928,182$22,336,053
80$27,236,445$20,236,440$18,498,739$23,841,133
81$29,983,579$21,197,043$19,087,464$25,467,920
82$33,009,945$22,203,738$19,694,934$27,227,463
83$36,343,993$23,258,755$20,321,748$29,131,875
84$40,017,076$24,364,430$20,968,523$31,194,444
85$44,063,742$25,523,211$21,635,892$33,429,743
86$48,522,063$26,737,668$22,324,514$35,853,765
87$53,433,993$28,010,494$23,035,065$38,484,061
88$58,845,765$29,344,512$23,768,244$41,339,895
89$64,808,324$30,742,685$24,524,772$44,442,418
90$71,377,814$32,208,117$25,305,392$47,814,853
91$78,616,102$33,744,065$26,110,874$51,482,705
92$86,591,364$35,353,944$26,942,008$55,473,992
93$95,378,730$37,041,334$27,799,612$59,819,492
94$105,060,991$38,809,991$28,684,530$64,553,022
95$115,729,383$40,663,851$29,597,632$69,711,747
96$127,484,443$42,607,043$30,539,816$75,336,511
97$140,436,966$44,643,897$31,512,009$81,472,210
98$154,709,043$46,778,955$32,515,168$88,168,202
99$170,435,218$49,016,977$33,550,279$95,478,751
100$187,763,758$51,362,956$34,618,361$103,463,529