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%18.3%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,317,820
2 years$699,060$686,041$673,423$661,189$649,323$603,674
3 years$461,411$448,335$435,749$423,630$411,957$367,850
4 years$342,609$329,574$317,114$305,202$293,811$251,584
5 years$271,347$258,390$246,093$234,424$223,351$183,116
6 years$223,855$210,995$198,880$187,471$176,730$138,519
7 years$189,945$177,193$165,270$154,130$143,729$107,536
8 years$164,524$151,887$140,162$129,296$119,237$85,036
9 years$144,762$132,245$120,722$110,132$100,415$68,163
10 years$128,962$116,568$105,248$94,934$85,558$55,205
11 years$116,044$103,773$92,659$82,621$73,583$45,070
12 years$105,286$93,141$82,232$72,470$63,765$37,027
13 years$96,190$84,173$73,469$63,980$55,605$30,573
14 years$88,400$76,511$66,012$56,794$48,743$25,347
15 years$81,655$69,894$59,600$50,651$42,917$21,083
16 years$75,759$64,126$54,036$45,352$37,930$17,584
17 years$70,563$59,058$49,171$40,749$33,631$14,698
18 years$65,948$54,572$44,887$36,723$29,904$12,308
19 years$61,824$50,577$41,092$33,182$26,654$10,323
20 years$58,117$46,998$37,712$30,053$23,808$8,669
21 years$54,768$43,777$34,688$27,275$21,305$7,287
22 years$51,727$40,864$31,970$24,799$19,097$6,131
23 years$48,955$38,220$29,519$22,585$17,143$5,162
24 years$46,417$35,809$27,300$20,599$15,408$4,349
25 years$44,086$33,605$25,285$18,812$13,865$3,666
26 years$41,938$31,584$23,451$17,201$12,489$3,092
27 years$39,953$29,724$21,776$15,744$11,260$2,609
28 years$38,112$28,009$20,244$14,425$10,160$2,201
29 years$36,402$26,423$18,838$13,228$9,174$1,858
30 years$34,808$24,954$17,547$12,140$8,290$1,569
31 years$33,320$23,589$16,359$11,150$7,495$1,325
32 years$31,928$22,320$15,263$10,247$6,779$1,119
33 years$30,624$21,138$14,251$9,423$6,135$945
34 years$29,398$20,034$13,315$8,670$5,555$798
35 years$28,245$19,002$12,449$7,981$5,031$675
36 years$27,159$18,035$11,646$7,350$4,559$570
37 years$26,133$17,130$10,900$6,772$4,132$482
38 years$25,164$16,279$10,208$6,242$3,746$407
39 years$24,247$15,480$9,563$5,756$3,397$344
40 years$23,378$14,728$8,964$5,309$3,081$291
41 years$22,554$14,020$8,405$4,898$2,795$246
42 years$21,771$13,352$7,884$4,520$2,536$208
43 years$21,026$12,722$7,398$4,173$2,302$176
44 years$20,317$12,126$6,945$3,853$2,089$148
45 years$19,642$11,564$6,521$3,558$1,897$125
46 years$18,998$11,031$6,125$3,287$1,722$106
47 years$18,383$10,527$5,754$3,037$1,564$90
48 years$17,795$10,049$5,407$2,806$1,420$76
49 years$17,233$9,597$5,082$2,593$1,290$64
50 years$16,696$9,167$4,778$2,397$1,172$54

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 $3,056 every year, while hoping to spend $25,156 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: 64/25/11 Blend
74$17,100,000$17,100,000$17,100,000$17,100,000
75$18,847,352$17,941,052$17,676,002$20,006,942
76$20,743,016$18,793,398$18,241,383$21,634,149
77$22,831,195$19,686,666$18,824,860$23,407,560
78$25,131,498$20,622,834$19,427,014$25,343,954
79$27,665,536$21,603,977$20,048,443$27,459,185
80$30,457,119$22,632,271$20,689,765$29,770,687
81$33,532,490$23,709,996$21,351,617$32,297,638
82$36,920,564$24,839,546$22,034,656$35,061,135
83$40,653,206$26,023,428$22,739,562$38,084,385
84$44,765,530$27,264,273$23,467,034$41,392,924
85$49,296,230$28,564,839$24,217,796$45,014,848
86$54,287,947$29,928,018$24,992,593$48,981,073
87$59,787,670$31,356,843$25,792,197$53,325,623
88$65,847,178$32,854,494$26,617,402$58,085,942
89$72,523,533$34,424,307$27,469,028$63,303,242
90$79,879,615$36,069,779$28,347,921$69,022,884
91$87,984,715$37,794,578$29,254,956$75,294,799
92$96,915,193$39,602,549$30,191,034$82,173,954
93$106,755,195$41,497,726$31,157,086$89,720,859
94$117,597,448$43,484,339$32,154,072$98,002,131
95$129,544,138$45,566,821$33,182,984$107,091,115
96$142,707,871$47,749,826$34,244,844$117,068,566
97$157,212,736$50,038,230$35,340,709$128,023,402
98$173,195,481$52,437,149$36,471,668$140,053,533
99$190,806,797$54,951,946$37,638,846$153,266,774
100$210,212,747$57,588,249$38,843,405$167,781,853