Can I retire at age 75 with 17,400,000?

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 $17,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,349,036
2 years$711,325$698,077$685,238$672,789$660,714$622,249
3 years$469,506$456,201$443,394$431,063$419,184$381,922
4 years$348,620$335,356$322,677$310,556$298,966$263,194
5 years$276,108$262,923$250,411$238,537$227,269$193,085
6 years$227,782$214,697$202,369$190,760$179,830$147,266
7 years$193,277$180,302$168,170$156,834$146,250$115,307
8 years$167,410$154,552$142,621$131,564$121,329$91,990
9 years$147,302$134,565$122,840$112,064$102,176$74,414
10 years$131,225$118,613$107,094$96,600$87,059$60,838
11 years$118,079$105,594$94,284$84,071$74,874$50,151
12 years$107,133$94,775$83,675$73,741$64,884$41,613
13 years$97,878$85,649$74,758$65,103$56,580$34,711
14 years$89,951$77,853$67,170$57,791$49,598$29,078
15 years$83,088$71,120$60,646$51,539$43,670$24,444
16 years$77,089$65,251$54,984$46,148$38,596$20,608
17 years$71,800$60,094$50,034$41,463$34,221$17,416
18 years$67,105$55,529$45,674$37,367$30,428$14,748
19 years$62,909$51,464$41,813$33,764$27,121$12,510
20 years$59,137$47,823$38,373$30,580$24,225$10,626
21 years$55,729$44,545$35,296$27,753$21,679$9,037
22 years$52,635$41,581$32,531$25,234$19,432$7,693
23 years$49,814$38,890$30,036$22,981$17,443$6,554
24 years$47,232$36,438$27,779$20,960$15,678$5,588
25 years$44,860$34,195$25,729$19,142$14,108$4,768
26 years$42,674$32,138$23,862$17,502$12,708$4,070
27 years$40,654$30,245$22,158$16,020$11,457$3,475
28 years$38,781$28,500$20,599$14,678$10,338$2,969
29 years$37,040$26,886$19,169$13,460$9,335$2,537
30 years$35,419$25,391$17,855$12,353$8,435$2,169
31 years$33,905$24,003$16,646$11,345$7,626$1,854
32 years$32,489$22,712$15,531$10,427$6,898$1,586
33 years$31,161$21,509$14,501$9,588$6,243$1,356
34 years$29,914$20,385$13,549$8,822$5,652$1,160
35 years$28,741$19,335$12,667$8,121$5,119$993
36 years$27,635$18,352$11,850$7,479$4,639$849
37 years$26,592$17,430$11,091$6,891$4,204$727
38 years$25,606$16,565$10,387$6,352$3,811$622
39 years$24,673$15,751$9,731$5,857$3,456$532
40 years$23,789$14,986$9,121$5,402$3,135$456
41 years$22,950$14,266$8,553$4,984$2,844$390
42 years$22,153$13,586$8,023$4,600$2,581$334
43 years$21,395$12,945$7,528$4,246$2,342$286
44 years$20,674$12,339$7,066$3,920$2,126$245
45 years$19,986$11,766$6,635$3,621$1,930$209
46 years$19,331$11,225$6,232$3,344$1,752$179
47 years$18,705$10,712$5,855$3,090$1,591$153
48 years$18,107$10,226$5,502$2,855$1,445$131
49 years$17,536$9,765$5,171$2,639$1,312$112
50 years$16,988$9,328$4,862$2,439$1,192$96

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,400,000, adding $4,811 every year, while hoping to spend $45,679 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: 47/27/26 Blend
74$17,400,000$17,400,000$17,400,000$17,400,000
75$19,179,763$18,257,563$17,987,863$19,938,227
76$21,087,496$19,103,581$18,541,854$21,318,543
77$23,188,288$19,989,523$19,112,873$22,811,098
78$25,501,781$20,917,298$19,701,442$24,430,387
79$28,049,621$21,888,904$20,308,099$26,188,332
80$30,855,661$22,906,439$20,933,399$28,098,030
81$33,946,184$23,972,100$21,577,913$30,173,871
82$37,350,152$25,088,190$22,242,231$32,431,667
83$41,099,482$26,257,125$22,926,959$34,888,794
84$45,229,340$27,481,436$23,632,724$37,564,353
85$49,778,482$28,763,775$24,360,169$40,479,342
86$54,789,612$30,106,926$25,109,960$43,656,845
87$60,309,791$31,513,803$25,882,781$47,122,247
88$66,390,874$32,987,463$26,679,339$50,903,461
89$73,090,006$34,531,112$27,500,360$55,031,189
90$80,470,158$36,148,109$28,346,594$59,539,199
91$88,600,723$37,841,974$29,218,813$64,464,636
92$97,558,167$39,616,402$30,117,814$69,848,367
93$107,426,756$41,475,261$31,044,417$75,735,352
94$118,299,347$43,422,611$31,999,467$82,175,062
95$130,278,267$45,462,706$32,983,835$89,221,937
96$143,476,278$47,600,005$33,998,421$96,935,884
97$158,017,638$49,839,186$35,044,148$105,382,835
98$174,039,281$52,185,149$36,121,970$114,635,359
99$191,692,102$54,643,036$37,232,871$124,773,330
100$211,142,387$57,218,235$38,377,863$135,884,673