Can I retire at age 75 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,401,079
2 years$727,677$714,125$700,990$688,256$675,903$657,475
3 years$480,299$466,688$453,587$440,972$428,821$410,854
4 years$356,634$343,065$330,095$317,696$305,839$288,472
5 years$282,455$268,967$256,167$244,021$232,494$215,778
6 years$233,018$219,632$207,021$195,145$183,964$167,920
7 years$197,720$184,447$172,036$160,440$149,612$134,244
8 years$171,259$158,105$145,900$134,589$124,118$109,425
9 years$150,688$137,659$125,664$114,640$104,525$90,501
10 years$134,242$121,339$109,556$98,821$89,061$75,696
11 years$120,794$108,021$96,452$86,004$76,595$63,877
12 years$109,596$96,954$85,598$75,437$66,376$54,290
13 years$100,128$87,618$76,477$66,599$57,881$46,411
14 years$92,019$79,643$68,715$59,119$50,738$39,868
15 years$84,998$72,755$62,040$52,724$44,674$34,385
16 years$78,861$66,751$56,248$47,209$39,483$29,757
17 years$73,451$61,475$51,184$42,417$35,008$25,825
18 years$68,648$56,806$46,724$38,226$31,128$22,468
19 years$64,355$52,647$42,774$34,540$27,745$19,588
20 years$60,497$48,922$39,256$31,283$24,782$17,107
21 years$57,010$45,569$36,108$28,391$22,177$14,964
22 years$53,845$42,537$33,279$25,814$19,879$13,107
23 years$50,959$39,784$30,727$23,510$17,844$11,494
24 years$48,317$37,275$28,417$21,442$16,039$10,090
25 years$45,891$34,981$26,320$19,582$14,433$8,864
26 years$43,655$32,876$24,411$17,905$13,000$7,794
27 years$41,588$30,941$22,667$16,389$11,721$6,858
28 years$39,672$29,155$21,072$15,016$10,576$6,037
29 years$37,892$27,505$19,610$13,770$9,550$5,318
30 years$36,233$25,975$18,266$12,637$8,629$4,686
31 years$34,684$24,555$17,028$11,606$7,801$4,131
32 years$33,235$23,234$15,888$10,666$7,057$3,643
33 years$31,877$22,003$14,835$9,809$6,386$3,214
34 years$30,602$20,854$13,861$9,025$5,782$2,836
35 years$29,401$19,780$12,959$8,308$5,237$2,503
36 years$28,271$18,774$12,122$7,651$4,745$2,209
37 years$27,203$17,831$11,346$7,050$4,301$1,951
38 years$26,195$16,946$10,625$6,498$3,899$1,723
39 years$25,240$16,114$9,955$5,991$3,536$1,522
40 years$24,335$15,331$9,331$5,526$3,207$1,344
41 years$23,477$14,593$8,749$5,099$2,909$1,187
42 years$22,662$13,898$8,207$4,705$2,640$1,049
43 years$21,887$13,242$7,701$4,344$2,396$927
44 years$21,149$12,623$7,229$4,011$2,175$819
45 years$20,446$12,037$6,788$3,704$1,974$724
46 years$19,775$11,483$6,375$3,421$1,793$640
47 years$19,135$10,958$5,989$3,161$1,628$565
48 years$18,524$10,461$5,628$2,921$1,478$500
49 years$17,939$9,990$5,290$2,699$1,343$442
50 years$17,379$9,542$4,974$2,495$1,220$390

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,800,000, adding $2,220 every year, while hoping to spend $27,882 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: 78/5/17 Blend
74$17,800,000$17,800,000$17,800,000$17,800,000
75$19,617,890$18,674,490$18,398,590$21,074,570
76$21,589,248$19,559,874$18,985,276$22,921,390
77$23,760,751$20,487,707$19,590,683$24,943,040
78$26,152,783$21,460,040$20,215,406$27,159,979
79$28,787,808$22,479,023$20,860,063$29,591,737
80$31,690,580$23,546,910$21,525,290$32,259,822
81$34,888,377$24,666,067$22,211,745$35,187,919
82$38,411,257$25,838,970$22,920,105$38,402,116
83$42,292,346$27,068,220$23,651,069$41,931,145
84$46,568,145$28,356,543$24,405,360$45,806,650
85$51,278,878$29,706,795$25,183,721$50,063,487
86$56,468,870$31,121,975$25,986,923$54,740,050
87$62,186,967$32,605,224$26,815,757$59,878,628
88$68,486,996$34,159,838$27,671,043$65,525,805
89$75,428,272$35,789,272$28,553,625$71,732,896
90$83,076,159$37,497,150$29,464,375$78,556,429
91$91,502,688$39,287,271$30,404,192$86,058,676
92$100,787,235$41,163,621$31,374,006$94,308,237
93$111,017,271$43,130,376$32,374,773$103,380,688
94$122,289,188$45,191,919$33,407,482$113,359,285
95$134,709,207$47,352,845$34,473,155$124,335,754
96$148,394,383$49,617,972$35,572,843$136,411,147
97$163,473,709$51,992,352$36,707,632$149,696,798
98$180,089,335$54,481,284$37,878,645$164,315,368
99$198,397,905$57,090,325$39,087,038$180,401,998
100$218,572,043$59,825,302$40,334,005$198,105,582