Can I retire at age 75 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,239,042
2 years$645,915$633,886$622,227$610,924$599,959$578,992
3 years$426,333$414,251$402,622$391,425$380,639$360,228
4 years$316,563$304,519$293,006$281,999$271,475$251,779
5 years$250,719$238,746$227,385$216,603$206,371$187,447
6 years$206,836$194,954$183,761$173,219$163,294$145,163
7 years$175,504$163,722$152,706$142,413$132,802$115,469
8 years$152,016$140,340$129,507$119,467$110,172$93,634
9 years$133,757$122,191$111,544$101,759$92,781$77,029
10 years$119,158$107,706$97,247$87,717$79,054$64,075
11 years$107,222$95,884$85,614$76,340$67,989$53,767
12 years$97,282$86,060$75,981$66,961$58,918$45,435
13 years$88,877$77,773$67,884$59,116$51,377$38,613
14 years$81,680$70,694$60,994$52,477$45,037$32,970
15 years$75,448$64,580$55,069$46,800$39,654$28,261
16 years$70,000$59,251$49,928$41,904$35,047$24,304
17 years$65,198$54,568$45,433$37,651$31,075$20,959
18 years$60,935$50,423$41,474$33,931$27,630$18,116
19 years$57,124$46,732$37,968$30,659$24,627$15,690
20 years$53,699$43,425$34,845$27,768$21,998$13,612
21 years$50,604$40,449$32,051$25,201$19,685$11,826
22 years$47,795$37,758$29,540$22,914$17,645$10,288
23 years$45,233$35,314$27,275$20,868$15,839$8,959
24 years$42,889$33,087$25,224$19,033$14,237$7,809
25 years$40,735$31,051$23,363$17,382$12,811$6,813
26 years$38,750$29,182$21,668$15,893$11,540$5,947
27 years$36,915$27,464$20,120$14,547$10,404$5,195
28 years$35,215$25,879$18,705$13,328$9,388$4,540
29 years$33,634$24,414$17,406$12,222$8,477$3,970
30 years$32,162$23,057$16,213$11,217$7,659$3,473
31 years$30,787$21,796$15,115$10,302$6,925$3,039
32 years$29,501$20,624$14,103$9,468$6,264$2,660
33 years$28,295$19,531$13,168$8,707$5,669$2,329
34 years$27,163$18,511$12,303$8,011$5,133$2,040
35 years$26,098$17,557$11,503$7,374$4,649$1,786
36 years$25,094$16,664$10,760$6,792$4,212$1,565
37 years$24,147$15,827$10,072$6,258$3,817$1,371
38 years$23,251$15,042$9,432$5,768$3,461$1,202
39 years$22,404$14,303$8,836$5,318$3,138$1,053
40 years$21,601$13,608$8,282$4,905$2,847$923
41 years$20,839$12,954$7,766$4,526$2,583$809
42 years$20,116$12,337$7,285$4,177$2,343$710
43 years$19,428$11,754$6,836$3,856$2,127$622
44 years$18,773$11,204$6,417$3,560$1,930$545
45 years$18,149$10,684$6,025$3,288$1,753$478
46 years$17,553$10,192$5,659$3,037$1,591$419
47 years$16,985$9,727$5,316$2,806$1,445$368
48 years$16,442$9,285$4,996$2,593$1,312$323
49 years$15,923$8,867$4,696$2,396$1,192$283
50 years$15,426$8,470$4,415$2,215$1,082$248

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,800,000, adding $4,253 every year, while hoping to spend $55,924 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: 36/37/27 Blend
74$15,800,000$15,800,000$15,800,000$15,800,000
75$17,415,987$16,578,587$16,333,687$17,901,471
76$19,132,915$17,331,435$16,821,363$19,014,979
77$21,023,095$18,119,298$17,323,501$20,210,884
78$23,104,141$18,943,834$17,840,528$21,500,900
79$25,395,458$19,806,777$18,372,881$22,893,524
80$27,918,433$20,709,947$18,921,011$24,398,070
81$30,696,630$21,655,251$19,485,381$26,024,757
82$33,756,013$22,644,685$20,066,469$27,784,795
83$37,125,197$23,680,345$20,664,766$29,690,484
84$40,835,708$24,764,423$21,280,776$31,755,324
85$44,922,289$25,899,219$21,915,021$33,994,137
86$49,423,224$27,087,141$22,568,036$36,423,195
87$54,380,698$28,330,717$23,240,370$39,060,368
88$59,841,198$29,632,591$23,932,591$41,925,283
89$65,855,949$30,995,537$24,645,283$45,039,503
90$72,481,400$32,422,463$25,379,044$48,426,716
91$79,779,754$33,916,414$26,134,493$52,112,955
92$87,819,555$35,480,585$26,912,265$56,126,831
93$96,676,338$37,118,321$27,713,013$60,499,790
94$106,433,336$38,833,131$28,537,411$65,266,402
95$117,182,273$40,628,691$29,386,151$70,464,677
96$129,024,222$42,508,854$30,259,945$76,136,407
97$142,070,565$44,477,661$31,159,525$82,327,551
98$156,444,040$46,539,343$32,085,647$89,088,656
99$172,279,902$48,698,340$33,039,085$96,475,320
100$189,727,196$50,959,303$34,020,638$104,548,700