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%15.4%
1 years$1,412,102$1,399,524$1,387,252$1,375,274$1,363,578$1,333,323
2 years$699,060$686,041$673,423$661,189$649,323$618,998
3 years$461,411$448,335$435,749$423,630$411,957$382,510
4 years$342,609$329,574$317,114$305,202$293,811$265,469
5 years$271,347$258,390$246,093$234,424$223,351$196,193
6 years$223,855$210,995$198,880$187,471$176,730$150,785
7 years$189,945$177,193$165,270$154,130$143,729$119,001
8 years$164,524$151,887$140,162$129,296$119,237$95,717
9 years$144,762$132,245$120,722$110,132$100,415$78,086
10 years$128,962$116,568$105,248$94,934$85,558$64,398
11 years$116,044$103,773$92,659$82,621$73,583$53,562
12 years$105,286$93,141$82,232$72,470$63,765$44,853
13 years$96,190$84,173$73,469$63,980$55,605$37,766
14 years$88,400$76,511$66,012$56,794$48,743$31,943
15 years$81,655$69,894$59,600$50,651$42,917$27,117
16 years$75,759$64,126$54,036$45,352$37,930$23,091
17 years$70,563$59,058$49,171$40,749$33,631$19,714
18 years$65,948$54,572$44,887$36,723$29,904$16,867
19 years$61,824$50,577$41,092$33,182$26,654$14,458
20 years$58,117$46,998$37,712$30,053$23,808$12,412
21 years$54,768$43,777$34,688$27,275$21,305$10,669
22 years$51,727$40,864$31,970$24,799$19,097$9,182
23 years$48,955$38,220$29,519$22,585$17,143$7,909
24 years$46,417$35,809$27,300$20,599$15,408$6,819
25 years$44,086$33,605$25,285$18,812$13,865$5,883
26 years$41,938$31,584$23,451$17,201$12,489$5,078
27 years$39,953$29,724$21,776$15,744$11,260$4,386
28 years$38,112$28,009$20,244$14,425$10,160$3,790
29 years$36,402$26,423$18,838$13,228$9,174$3,276
30 years$34,808$24,954$17,547$12,140$8,290$2,833
31 years$33,320$23,589$16,359$11,150$7,495$2,450
32 years$31,928$22,320$15,263$10,247$6,779$2,120
33 years$30,624$21,138$14,251$9,423$6,135$1,835
34 years$29,398$20,034$13,315$8,670$5,555$1,588
35 years$28,245$19,002$12,449$7,981$5,031$1,375
36 years$27,159$18,035$11,646$7,350$4,559$1,190
37 years$26,133$17,130$10,900$6,772$4,132$1,030
38 years$25,164$16,279$10,208$6,242$3,746$892
39 years$24,247$15,480$9,563$5,756$3,397$773
40 years$23,378$14,728$8,964$5,309$3,081$669
41 years$22,554$14,020$8,405$4,898$2,795$580
42 years$21,771$13,352$7,884$4,520$2,536$502
43 years$21,026$12,722$7,398$4,173$2,302$435
44 years$20,317$12,126$6,945$3,853$2,089$377
45 years$19,642$11,564$6,521$3,558$1,897$327
46 years$18,998$11,031$6,125$3,287$1,722$283
47 years$18,383$10,527$5,754$3,037$1,564$245
48 years$17,795$10,049$5,407$2,806$1,420$212
49 years$17,233$9,597$5,082$2,593$1,290$184
50 years$16,696$9,167$4,778$2,397$1,172$159

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 $4,363 every year, while hoping to spend $34,211 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: 76/6/18 Blend
74$17,100,000$17,100,000$17,100,000$17,100,000
75$18,848,700$17,942,400$17,677,350$20,203,587
76$20,734,868$18,785,178$18,233,141$21,943,265
77$22,812,277$19,668,105$18,806,405$23,845,452
78$25,100,400$20,593,112$19,397,690$25,930,119
79$27,620,691$21,562,225$20,007,563$28,215,470
80$30,396,794$22,577,566$20,636,608$30,721,547
81$33,454,761$23,641,361$21,285,429$33,470,423
82$36,823,301$24,755,943$21,954,646$36,486,405
83$40,534,052$25,923,758$22,644,900$39,796,263
84$44,621,875$27,147,371$23,356,854$43,429,478
85$49,125,186$28,429,472$24,091,188$47,418,522
86$54,086,319$29,772,880$24,848,607$51,799,158
87$59,551,924$31,180,552$25,629,836$56,610,778
88$65,573,408$32,655,587$26,435,623$61,896,770
89$72,207,419$34,201,235$27,266,740$67,704,927
90$79,516,384$35,820,903$28,123,984$74,087,895
91$87,569,093$37,518,166$29,008,176$81,103,665
92$96,441,353$39,296,768$29,920,162$88,816,120
93$106,216,700$41,160,639$30,860,816$97,295,633
94$116,987,190$43,113,896$31,831,040$106,619,730
95$128,854,266$45,160,860$32,831,762$116,873,817
96$141,929,717$47,306,057$33,863,942$128,151,983
97$156,336,731$49,554,238$34,928,567$140,557,883
98$172,211,062$51,910,380$36,026,659$154,205,716
99$189,702,306$54,379,704$37,159,268$169,221,297
100$208,975,317$56,967,685$38,327,479$185,743,242