Can I retire at age 75 with 17,700,000?

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 $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,382,925
2 years$723,589$710,113$697,052$684,389$672,106$643,520
3 years$477,601$464,066$451,039$438,495$426,412$398,629
4 years$354,631$341,138$328,241$315,911$304,120$277,355
5 years$280,868$267,456$254,728$242,650$231,188$205,516
6 years$231,709$218,398$205,858$194,049$182,931$158,380
7 years$196,609$183,410$171,069$159,538$148,772$125,348
8 years$170,296$157,217$145,080$133,833$123,420$101,116
9 years$149,842$136,885$124,958$113,996$103,938$82,739
10 years$133,487$120,658$108,941$98,265$88,560$68,445
11 years$120,115$107,415$95,910$85,520$76,165$57,110
12 years$108,980$96,409$85,118$75,013$66,003$47,979
13 years$99,565$87,126$76,047$66,225$57,556$40,533
14 years$91,502$79,195$68,328$58,787$50,453$34,400
15 years$84,521$72,346$61,691$52,428$44,423$29,304
16 years$78,418$66,376$55,932$46,944$39,261$25,042
17 years$73,038$61,130$50,896$42,178$34,812$21,457
18 years$68,262$56,487$46,462$38,011$30,953$18,426
19 years$63,994$52,351$42,533$34,346$27,589$15,852
20 years$60,157$48,648$39,035$31,107$24,643$13,660
21 years$56,690$45,313$35,905$28,232$22,053$11,788
22 years$53,542$42,298$33,092$25,669$19,767$10,183
23 years$50,673$39,561$30,554$23,377$17,744$8,806
24 years$48,046$37,066$28,258$21,322$15,949$7,622
25 years$45,633$34,784$26,172$19,472$14,351$6,602
26 years$43,410$32,692$24,273$17,804$12,927$5,722
27 years$41,355$30,767$22,540$16,297$11,655$4,962
28 years$39,449$28,991$20,954$14,931$10,517$4,305
29 years$37,679$27,350$19,499$13,692$9,496$3,737
30 years$36,030$25,829$18,163$12,566$8,580$3,245
31 years$34,490$24,417$16,933$11,541$7,757$2,818
32 years$33,049$23,104$15,799$10,606$7,017$2,448
33 years$31,698$21,879$14,751$9,753$6,351$2,128
34 years$30,430$20,737$13,783$8,974$5,750$1,849
35 years$29,236$19,669$12,886$8,261$5,208$1,608
36 years$28,112$18,668$12,054$7,608$4,718$1,398
37 years$27,050$17,731$11,283$7,010$4,277$1,215
38 years$26,047$16,850$10,566$6,461$3,877$1,057
39 years$25,098$16,023$9,899$5,958$3,516$919
40 years$24,199$15,245$9,278$5,495$3,189$800
41 years$23,345$14,511$8,700$5,070$2,893$696
42 years$22,535$13,820$8,161$4,679$2,625$605
43 years$21,764$13,168$7,658$4,319$2,383$526
44 years$21,030$12,552$7,188$3,988$2,163$458
45 years$20,331$11,969$6,750$3,683$1,963$398
46 years$19,664$11,418$6,339$3,402$1,783$347
47 years$19,028$10,896$5,956$3,143$1,619$302
48 years$18,419$10,402$5,597$2,904$1,470$263
49 years$17,838$9,933$5,261$2,684$1,335$228
50 years$17,281$9,489$4,946$2,481$1,213$199

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,700,000, adding $4,080 every year, while hoping to spend $23,471 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: 53/34/13 Blend
74$17,700,000$17,700,000$17,700,000$17,700,000
75$19,509,609$18,571,509$18,297,159$20,476,495
76$21,474,616$19,456,539$18,885,140$22,021,021
77$23,639,267$20,384,150$19,492,033$23,697,747
78$26,023,901$21,356,403$20,118,445$25,521,503
79$28,650,931$22,375,458$20,765,005$27,506,234
80$31,545,054$23,443,584$21,432,361$29,667,261
81$34,733,488$24,563,158$22,121,183$32,021,418
82$38,246,223$25,736,672$22,832,162$34,587,204
83$42,116,310$26,966,741$23,566,012$37,384,951
84$46,380,168$28,256,106$24,323,468$40,437,006
85$51,077,932$29,607,642$25,105,290$43,767,938
86$56,253,827$31,024,363$25,912,264$47,404,758
87$61,956,591$32,509,430$26,745,199$51,377,168
88$68,239,931$34,066,159$27,604,930$55,717,831
89$75,163,030$35,698,027$28,492,321$60,462,669
90$82,791,108$37,408,679$29,408,263$65,651,195
91$91,196,035$39,201,939$30,353,674$71,326,873
92$100,457,012$41,081,816$31,329,504$77,537,518
93$110,661,317$43,052,514$32,336,731$84,335,736
94$121,905,128$45,118,444$33,376,369$91,779,412
95$134,294,433$47,284,230$34,449,459$99,932,237
96$147,946,030$49,554,721$35,557,080$108,864,303
97$162,988,626$51,935,004$36,700,344$118,652,746
98$179,564,058$54,430,411$37,880,398$129,382,464
99$197,828,628$57,046,538$39,098,427$141,146,902
100$217,954,579$59,789,249$40,355,655$154,048,916