Can I retire at age 75 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,391,171
2 years$731,765$718,137$704,928$692,122$679,701$643,465
3 years$482,997$469,310$456,135$443,449$431,230$396,092
4 years$358,638$344,993$331,950$319,480$307,557$273,786
5 years$284,042$270,478$257,607$245,392$233,800$201,491
6 years$234,327$220,866$208,184$196,242$184,998$154,182
7 years$198,831$185,483$173,002$161,341$150,453$121,134
8 years$172,221$158,993$146,720$135,345$124,815$96,979
9 years$151,535$138,432$126,370$115,284$105,112$78,735
10 years$134,996$122,021$110,172$99,376$89,561$64,611
11 years$121,473$108,628$96,994$86,487$77,025$53,467
12 years$110,211$97,499$86,079$75,860$66,749$44,539
13 years$100,690$88,110$76,906$66,973$58,206$37,302
14 years$92,536$80,090$69,101$59,452$51,023$31,378
15 years$85,476$73,164$62,388$53,020$44,925$26,489
16 years$79,304$67,126$56,564$47,474$39,705$22,428
17 years$73,864$61,821$51,471$42,655$35,205$19,038
18 years$69,033$57,125$46,987$38,441$31,303$16,193
19 years$64,717$52,943$43,014$34,734$27,901$13,797
20 years$60,836$49,197$39,476$31,459$24,921$11,773
21 years$57,330$45,825$36,310$28,551$22,302$10,058
22 years$54,147$42,776$33,466$25,959$19,990$8,603
23 years$51,245$40,008$30,900$23,642$17,945$7,364
24 years$48,589$37,485$28,577$21,562$16,129$6,309
25 years$46,149$35,177$26,468$19,692$14,514$5,408
26 years$43,900$33,061$24,548$18,005$13,073$4,639
27 years$41,822$31,114$22,795$16,481$11,787$3,980
28 years$39,895$29,319$21,191$15,100$10,635$3,417
29 years$38,105$27,659$19,720$13,847$9,603$2,935
30 years$36,437$26,121$18,368$12,708$8,677$2,521
31 years$34,879$24,693$17,124$11,671$7,845$2,166
32 years$33,422$23,365$15,977$10,726$7,096$1,862
33 years$32,056$22,127$14,918$9,864$6,422$1,600
34 years$30,773$20,971$13,938$9,075$5,815$1,376
35 years$29,567$19,891$13,031$8,354$5,267$1,183
36 years$28,429$18,879$12,191$7,694$4,772$1,017
37 years$27,356$17,931$11,410$7,089$4,325$875
38 years$26,342$17,041$10,685$6,534$3,921$753
39 years$25,382$16,204$10,011$6,025$3,556$647
40 years$24,472$15,417$9,383$5,557$3,225$557
41 years$23,609$14,675$8,798$5,127$2,926$479
42 years$22,789$13,976$8,253$4,732$2,655$412
43 years$22,010$13,317$7,745$4,368$2,409$355
44 years$21,268$12,694$7,270$4,033$2,187$305
45 years$20,561$12,104$6,826$3,725$1,985$262
46 years$19,886$11,547$6,411$3,441$1,803$226
47 years$19,243$11,020$6,023$3,179$1,637$194
48 years$18,628$10,520$5,660$2,937$1,487$167
49 years$18,039$10,046$5,320$2,714$1,350$144
50 years$17,477$9,596$5,002$2,509$1,226$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,900,000, adding $6,283 every year, while hoping to spend $57,713 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: 59/19/22 Blend
74$17,900,000$17,900,000$17,900,000$17,900,000
75$19,732,281$18,783,581$18,506,131$20,780,531
76$21,683,567$19,642,570$19,064,680$22,352,639
77$23,831,951$20,541,716$19,640,006$24,059,644
78$26,197,474$21,482,924$20,232,611$25,920,146
79$28,802,223$22,468,194$20,843,010$27,949,020
80$31,670,533$23,499,618$21,471,734$30,162,627
81$34,829,221$24,579,393$22,119,330$32,578,965
82$38,307,836$25,709,818$22,786,363$35,217,833
83$42,138,940$26,893,304$23,473,411$38,101,014
84$46,358,413$28,132,378$24,181,072$41,252,476
85$51,005,794$29,429,687$24,909,960$44,698,595
86$56,124,651$30,788,007$25,660,709$48,468,394
87$61,762,993$32,210,247$26,433,971$52,593,818
88$67,973,725$33,699,456$27,230,416$57,110,023
89$74,815,146$35,258,830$28,050,736$62,055,708
90$82,351,497$36,891,719$28,895,641$67,473,473
91$90,653,569$38,601,633$29,765,865$73,410,209
92$99,799,373$40,392,253$30,662,161$79,917,544
93$109,874,872$42,267,436$31,585,306$87,052,314
94$120,974,794$44,231,226$32,536,100$94,877,099
95$133,203,529$46,287,861$33,515,364$103,460,800
96$146,676,107$48,441,785$34,523,947$112,879,289
97$161,519,291$50,697,654$35,562,721$123,216,110
98$177,872,770$53,060,350$36,632,584$134,563,264
99$195,890,477$55,534,992$37,734,460$147,022,066
100$215,742,043$58,126,944$38,869,301$160,704,091