Can I retire at age 75 with 18,200,000?

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 $18,200,000?

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$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,444,571
2 years$744,029$730,172$716,743$703,722$691,092$684,306
3 years$491,092$477,176$463,780$450,882$438,457$431,818
4 years$364,649$350,775$337,513$324,835$312,711$306,270
5 years$288,802$275,012$261,924$249,504$237,718$231,494
6 years$238,255$224,568$211,674$199,531$188,098$182,100
7 years$202,163$188,592$175,902$164,045$152,974$147,204
8 years$175,107$161,658$149,179$137,613$126,907$121,365
9 years$154,074$140,752$128,487$117,216$106,874$101,559
10 years$137,258$124,066$112,018$101,041$91,062$85,972
11 years$123,508$110,449$98,619$87,936$78,316$73,448
12 years$112,059$99,133$87,522$77,132$67,867$63,217
13 years$102,378$89,587$78,195$68,096$59,182$54,745
14 years$94,087$81,432$70,259$60,448$51,878$47,650
15 years$86,908$74,390$63,434$53,909$45,678$41,652
16 years$80,633$68,251$57,512$48,270$40,370$36,543
17 years$75,102$62,857$52,334$43,370$35,795$32,159
18 years$70,190$58,083$47,774$39,085$31,827$28,378
19 years$65,801$53,830$43,735$35,317$28,368$25,099
20 years$61,856$50,022$40,138$31,986$25,339$22,243
21 years$58,291$46,593$36,919$29,029$22,676$19,747
22 years$55,055$43,493$34,027$26,394$20,325$17,558
23 years$52,104$40,678$31,417$24,038$18,245$15,633
24 years$49,403$38,113$29,056$21,924$16,399$13,935
25 years$46,922$35,767$26,912$20,022$14,757$12,435
26 years$44,636$33,615$24,959$18,307$13,292$11,107
27 years$42,523$31,636$23,177$16,757$11,984$9,928
28 years$40,564$29,810$21,546$15,353$10,814$8,881
29 years$38,743$28,123$20,050$14,079$9,764$7,950
30 years$37,047$26,559$18,676$12,921$8,823$7,120
31 years$35,464$25,107$17,411$11,867$7,977$6,381
32 years$33,982$23,756$16,245$10,906$7,215$5,721
33 years$32,594$22,498$15,168$10,029$6,530$5,131
34 years$31,289$21,323$14,172$9,228$5,912$4,603
35 years$30,062$20,224$13,250$8,494$5,355$4,132
36 years$28,906$19,196$12,395$7,823$4,852$3,709
37 years$27,815$18,231$11,601$7,208$4,397$3,331
38 years$26,783$17,326$10,864$6,644$3,987$2,992
39 years$25,807$16,476$10,179$6,126$3,615$2,688
40 years$24,882$15,675$9,540$5,650$3,279$2,415
41 years$24,005$14,921$8,946$5,213$2,975$2,171
42 years$23,171$14,211$8,392$4,811$2,699$1,951
43 years$22,379$13,540$7,874$4,441$2,450$1,754
44 years$21,624$12,906$7,391$4,101$2,224$1,577
45 years$20,905$12,307$6,940$3,787$2,019$1,418
46 years$20,220$11,741$6,518$3,498$1,833$1,275
47 years$19,565$11,204$6,124$3,232$1,664$1,147
48 years$18,940$10,696$5,755$2,986$1,511$1,032
49 years$18,342$10,214$5,409$2,760$1,373$928
50 years$17,770$9,757$5,085$2,551$1,247$835

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,200,000, adding $3,542 every year, while hoping to spend $54,320 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: 28/44/28 Blend
74$18,200,000$18,200,000$18,200,000$18,200,000
75$20,060,054$19,095,454$18,813,354$20,447,419
76$22,048,383$19,973,335$19,385,805$21,635,445
77$24,237,701$20,892,412$19,975,613$22,905,977
78$26,648,452$21,854,645$20,583,301$24,269,931
79$29,303,163$22,862,091$21,209,410$25,735,364
80$32,226,656$23,916,904$21,854,496$27,311,090
81$35,446,284$25,021,341$22,519,130$29,006,757
82$38,992,188$26,177,770$23,203,905$30,832,929
83$42,897,582$27,388,671$23,909,426$32,801,175
84$47,199,063$28,656,645$24,636,320$34,924,169
85$51,936,963$29,984,415$25,385,232$37,215,800
86$57,155,721$31,374,840$26,156,825$39,691,292
87$62,904,311$32,830,913$26,951,785$42,367,335
88$69,236,695$34,355,773$27,770,814$45,262,233
89$76,212,342$35,952,709$28,614,640$48,396,064
90$83,896,780$37,625,171$29,484,010$51,790,856
91$92,362,220$39,376,773$30,379,692$55,470,781
92$101,688,236$41,211,304$31,302,482$59,462,372
93$111,962,515$43,132,737$32,253,194$63,794,755
94$123,281,686$45,145,236$33,232,670$68,499,912
95$135,752,231$47,253,165$34,241,778$73,612,964
96$149,491,489$49,461,101$35,281,409$79,172,488
97$164,628,767$51,773,841$36,352,482$85,220,863
98$181,306,555$54,196,413$37,455,944$91,804,652
99$199,681,876$56,734,089$38,592,770$98,975,020
100$219,927,764$59,392,397$39,763,964$106,788,200