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:
Modify Bond Returns:
Modify Cash Returns:
Modify Inflation:
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.
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,391,307
2 years$727,677$714,125$700,990$688,256$675,903$647,722
3 years$480,299$466,688$453,587$440,972$428,821$401,427
4 years$356,634$343,065$330,095$317,696$305,839$279,443
5 years$282,455$268,967$256,167$244,021$232,494$207,171
6 years$233,018$219,632$207,021$195,145$183,964$159,743
7 years$197,720$184,447$172,036$160,440$149,612$126,498
8 years$171,259$158,105$145,900$134,589$124,118$102,103
9 years$150,688$137,659$125,664$114,640$104,525$83,596
10 years$134,242$121,339$109,556$98,821$89,061$69,197
11 years$120,794$108,021$96,452$86,004$76,595$57,773
12 years$109,596$96,954$85,598$75,437$66,376$48,568
13 years$100,128$87,618$76,477$66,599$57,881$41,059
14 years$92,019$79,643$68,715$59,119$50,738$34,869
15 years$84,998$72,755$62,040$52,724$44,674$29,725
16 years$78,861$66,751$56,248$47,209$39,483$25,420
17 years$73,451$61,475$51,184$42,417$35,008$21,796
18 years$68,648$56,806$46,724$38,226$31,128$18,730
19 years$64,355$52,647$42,774$34,540$27,745$16,126
20 years$60,497$48,922$39,256$31,283$24,782$13,907
21 years$57,010$45,569$36,108$28,391$22,177$12,009
22 years$53,845$42,537$33,279$25,814$19,879$10,383
23 years$50,959$39,784$30,727$23,510$17,844$8,986
24 years$48,317$37,275$28,417$21,442$16,039$7,784
25 years$45,891$34,981$26,320$19,582$14,433$6,747
26 years$43,655$32,876$24,411$17,905$13,000$5,853
27 years$41,588$30,941$22,667$16,389$11,721$5,080
28 years$39,672$29,155$21,072$15,016$10,576$4,411
29 years$37,892$27,505$19,610$13,770$9,550$3,832
30 years$36,233$25,975$18,266$12,637$8,629$3,330
31 years$34,684$24,555$17,028$11,606$7,801$2,894
32 years$33,235$23,234$15,888$10,666$7,057$2,517
33 years$31,877$22,003$14,835$9,809$6,386$2,189
34 years$30,602$20,854$13,861$9,025$5,782$1,904
35 years$29,401$19,780$12,959$8,308$5,237$1,657
36 years$28,271$18,774$12,122$7,651$4,745$1,441
37 years$27,203$17,831$11,346$7,050$4,301$1,255
38 years$26,195$16,946$10,625$6,498$3,899$1,092
39 years$25,240$16,114$9,955$5,991$3,536$950
40 years$24,335$15,331$9,331$5,526$3,207$827
41 years$23,477$14,593$8,749$5,099$2,909$720
42 years$22,662$13,898$8,207$4,705$2,640$627
43 years$21,887$13,242$7,701$4,344$2,396$546
44 years$21,149$12,623$7,229$4,011$2,175$476
45 years$20,446$12,037$6,788$3,704$1,974$414
46 years$19,775$11,483$6,375$3,421$1,793$361
47 years$19,135$10,958$5,989$3,161$1,628$314
48 years$18,524$10,461$5,628$2,921$1,478$274
49 years$17,939$9,990$5,290$2,699$1,343$238
50 years$17,379$9,542$4,974$2,495$1,220$208

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 $2,260 every year, while hoping to spend $46,713 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: 58/20/22 Blend