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%11.1%
1 years$1,436,876$1,424,077$1,411,590$1,399,402$1,387,500$1,381,073
2 years$711,325$698,077$685,238$672,789$660,714$654,227
3 years$469,506$456,201$443,394$431,063$419,184$412,837
4 years$348,620$335,356$322,677$310,556$298,966$292,808
5 years$276,108$262,923$250,411$238,537$227,269$221,319
6 years$227,782$214,697$202,369$190,760$179,830$174,095
7 years$193,277$180,302$168,170$156,834$146,250$140,733
8 years$167,410$154,552$142,621$131,564$121,329$116,030
9 years$147,302$134,565$122,840$112,064$102,176$97,095
10 years$131,225$118,613$107,094$96,600$87,059$82,193
11 years$118,079$105,594$94,284$84,071$74,874$70,220
12 years$107,133$94,775$83,675$73,741$64,884$60,438
13 years$97,878$85,649$74,758$65,103$56,580$52,338
14 years$89,951$77,853$67,170$57,791$49,598$45,555
15 years$83,088$71,120$60,646$51,539$43,670$39,822
16 years$77,089$65,251$54,984$46,148$38,596$34,936
17 years$71,800$60,094$50,034$41,463$34,221$30,746
18 years$67,105$55,529$45,674$37,367$30,428$27,130
19 years$62,909$51,464$41,813$33,764$27,121$23,995
20 years$59,137$47,823$38,373$30,580$24,225$21,265
21 years$55,729$44,545$35,296$27,753$21,679$18,879
22 years$52,635$41,581$32,531$25,234$19,432$16,786
23 years$49,814$38,890$30,036$22,981$17,443$14,946
24 years$47,232$36,438$27,779$20,960$15,678$13,323
25 years$44,860$34,195$25,729$19,142$14,108$11,888
26 years$42,674$32,138$23,862$17,502$12,708$10,618
27 years$40,654$30,245$22,158$16,020$11,457$9,492
28 years$38,781$28,500$20,599$14,678$10,338$8,491
29 years$37,040$26,886$19,169$13,460$9,335$7,601
30 years$35,419$25,391$17,855$12,353$8,435$6,807
31 years$33,905$24,003$16,646$11,345$7,626$6,100
32 years$32,489$22,712$15,531$10,427$6,898$5,469
33 years$31,161$21,509$14,501$9,588$6,243$4,905
34 years$29,914$20,385$13,549$8,822$5,652$4,401
35 years$28,741$19,335$12,667$8,121$5,119$3,950
36 years$27,635$18,352$11,850$7,479$4,639$3,546
37 years$26,592$17,430$11,091$6,891$4,204$3,185
38 years$25,606$16,565$10,387$6,352$3,811$2,860
39 years$24,673$15,751$9,731$5,857$3,456$2,570
40 years$23,789$14,986$9,121$5,402$3,135$2,309
41 years$22,950$14,266$8,553$4,984$2,844$2,075
42 years$22,153$13,586$8,023$4,600$2,581$1,866
43 years$21,395$12,945$7,528$4,246$2,342$1,677
44 years$20,674$12,339$7,066$3,920$2,126$1,508
45 years$19,986$11,766$6,635$3,621$1,930$1,356
46 years$19,331$11,225$6,232$3,344$1,752$1,219
47 years$18,705$10,712$5,855$3,090$1,591$1,097
48 years$18,107$10,226$5,502$2,855$1,445$986
49 years$17,536$9,765$5,171$2,639$1,312$887
50 years$16,988$9,328$4,862$2,439$1,192$798

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 $4,134 every year, while hoping to spend $38,438 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: 74/6/20 Blend
74$17,400,000$17,400,000$17,400,000$17,400,000
75$19,179,064$18,256,864$17,987,164$20,506,814
76$21,094,431$19,110,553$18,548,836$22,242,431
77$23,203,877$20,004,784$19,128,036$24,138,755
78$25,527,158$20,941,503$19,725,311$26,215,870
79$28,086,042$21,922,752$20,341,223$28,491,775
80$30,904,519$22,950,667$20,976,355$30,986,286
81$34,009,022$24,027,492$21,631,305$33,721,223
82$37,428,680$25,155,576$22,306,691$36,720,618
83$41,195,591$26,337,386$23,003,151$40,010,932
84$45,345,127$27,575,503$23,721,342$43,621,309
85$49,916,264$28,872,637$24,461,941$47,583,844
86$54,951,954$30,231,627$25,225,647$51,933,886
87$60,499,528$31,655,451$26,013,181$56,710,370
88$66,611,142$33,147,231$26,825,285$61,956,178
89$73,344,272$34,710,238$27,662,725$67,718,544
90$80,762,253$36,347,905$28,526,292$74,049,497
91$88,934,879$38,063,829$29,416,799$81,006,348
92$97,939,062$39,861,782$30,335,087$88,652,227
93$107,859,555$41,745,718$31,282,021$97,056,677
94$118,789,756$43,719,785$32,258,496$106,296,308
95$130,832,586$45,788,329$33,265,430$116,455,515
96$144,101,463$47,955,910$34,303,775$127,627,269
97$158,721,369$50,227,307$35,374,509$139,913,997
98$174,830,035$52,607,531$36,478,641$153,428,537
99$192,579,236$55,101,838$37,617,213$168,295,207
100$212,136,226$57,715,736$38,791,298$184,650,968