Can I retire at age 75 with 17,100,000?

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 $17,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,311,549
2 years$699,060$686,041$673,423$661,189$649,323$597,517
3 years$461,411$448,335$435,749$423,630$411,957$362,004
4 years$342,609$329,574$317,114$305,202$293,811$246,092
5 years$271,347$258,390$246,093$234,424$223,351$177,987
6 years$223,855$210,995$198,880$187,471$176,730$133,754
7 years$189,945$177,193$165,270$154,130$143,729$103,127
8 years$164,524$151,887$140,162$129,296$119,237$80,971
9 years$144,762$132,245$120,722$110,132$100,415$64,430
10 years$128,962$116,568$105,248$94,934$85,558$51,787
11 years$116,044$103,773$92,659$82,621$73,583$41,950
12 years$105,286$93,141$82,232$72,470$63,765$34,190
13 years$96,190$84,173$73,469$63,980$55,605$28,000
14 years$88,400$76,511$66,012$56,794$48,743$23,020
15 years$81,655$69,894$59,600$50,651$42,917$18,984
16 years$75,759$64,126$54,036$45,352$37,930$15,696
17 years$70,563$59,058$49,171$40,749$33,631$13,005
18 years$65,948$54,572$44,887$36,723$29,904$10,793
19 years$61,824$50,577$41,092$33,182$26,654$8,970
20 years$58,117$46,998$37,712$30,053$23,808$7,464
21 years$54,768$43,777$34,688$27,275$21,305$6,216
22 years$51,727$40,864$31,970$24,799$19,097$5,181
23 years$48,955$38,220$29,519$22,585$17,143$4,321
24 years$46,417$35,809$27,300$20,599$15,408$3,606
25 years$44,086$33,605$25,285$18,812$13,865$3,011
26 years$41,938$31,584$23,451$17,201$12,489$2,515
27 years$39,953$29,724$21,776$15,744$11,260$2,101
28 years$38,112$28,009$20,244$14,425$10,160$1,756
29 years$36,402$26,423$18,838$13,228$9,174$1,468
30 years$34,808$24,954$17,547$12,140$8,290$1,227
31 years$33,320$23,589$16,359$11,150$7,495$1,026
32 years$31,928$22,320$15,263$10,247$6,779$858
33 years$30,624$21,138$14,251$9,423$6,135$718
34 years$29,398$20,034$13,315$8,670$5,555$600
35 years$28,245$19,002$12,449$7,981$5,031$502
36 years$27,159$18,035$11,646$7,350$4,559$420
37 years$26,133$17,130$10,900$6,772$4,132$351
38 years$25,164$16,279$10,208$6,242$3,746$294
39 years$24,247$15,480$9,563$5,756$3,397$246
40 years$23,378$14,728$8,964$5,309$3,081$206
41 years$22,554$14,020$8,405$4,898$2,795$172
42 years$21,771$13,352$7,884$4,520$2,536$144
43 years$21,026$12,722$7,398$4,173$2,302$121
44 years$20,317$12,126$6,945$3,853$2,089$101
45 years$19,642$11,564$6,521$3,558$1,897$84
46 years$18,998$11,031$6,125$3,287$1,722$71
47 years$18,383$10,527$5,754$3,037$1,564$59
48 years$17,795$10,049$5,407$2,806$1,420$49
49 years$17,233$9,597$5,082$2,593$1,290$41
50 years$16,696$9,167$4,778$2,397$1,172$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,100,000, adding $5,971 every year, while hoping to spend $29,288 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: 61/15/24 Blend
74$17,100,000$17,100,000$17,100,000$17,100,000
75$18,850,359$17,944,059$17,679,009$19,879,709
76$20,741,934$18,792,156$18,240,094$21,426,780
77$22,825,467$19,680,828$18,818,993$23,110,871
78$25,120,508$20,612,032$19,416,273$24,948,397
79$27,648,599$21,587,821$20,032,517$26,954,305
80$30,433,478$22,610,346$20,668,329$29,145,041
81$33,501,304$23,681,863$21,324,328$31,538,698
82$36,880,901$24,804,739$22,001,158$34,155,185
83$40,604,035$25,981,453$22,699,478$37,016,410
84$44,705,709$27,214,607$23,419,973$40,146,480
85$49,224,496$28,506,927$24,163,347$43,571,929
86$54,202,901$29,861,273$24,930,326$47,321,961
87$59,687,765$31,280,644$25,721,660$51,428,721
88$65,730,704$32,768,183$26,538,123$55,927,593
89$72,388,600$34,327,187$27,380,513$60,857,529
90$79,724,131$35,961,113$28,249,654$66,261,414
91$87,806,371$37,673,586$29,146,397$72,186,461
92$96,711,437$39,468,408$30,071,617$78,684,652
93$106,523,207$41,349,564$31,026,219$85,813,225
94$117,334,114$43,321,233$32,011,138$93,635,204
95$129,246,019$45,387,798$33,027,336$102,219,989
96$142,371,168$47,553,855$34,075,807$111,644,006
97$156,833,258$49,824,224$35,157,577$121,991,418
98$172,768,597$52,203,959$36,273,703$133,354,914
99$190,327,400$54,698,358$37,425,278$145,836,573
100$209,675,196$57,312,980$38,613,427$159,548,823