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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.5%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,436,137
2 years$744,029$730,172$716,743$703,722$691,092$675,829
3 years$491,092$477,176$463,780$450,882$438,457$423,561
4 years$364,649$350,775$337,513$324,835$312,711$298,297
5 years$288,802$275,012$261,924$249,504$237,718$223,828
6 years$238,255$224,568$211,674$199,531$188,098$174,749
7 years$202,163$188,592$175,902$164,045$152,974$140,171
8 years$175,107$161,658$149,179$137,613$126,907$114,650
9 years$154,074$140,752$128,487$117,216$106,874$95,158
10 years$137,258$124,066$112,018$101,041$91,062$79,881
11 years$123,508$110,449$98,619$87,936$78,316$67,660
12 years$112,059$99,133$87,522$77,132$67,867$57,725
13 years$102,378$89,587$78,195$68,096$59,182$49,541
14 years$94,087$81,432$70,259$60,448$51,878$42,726
15 years$86,908$74,390$63,434$53,909$45,678$37,000
16 years$80,633$68,251$57,512$48,270$40,370$32,153
17 years$75,102$62,857$52,334$43,370$35,795$28,023
18 years$70,190$58,083$47,774$39,085$31,827$24,484
19 years$65,801$53,830$43,735$35,317$28,368$21,439
20 years$61,856$50,022$40,138$31,986$25,339$18,807
21 years$58,291$46,593$36,919$29,029$22,676$16,525
22 years$55,055$43,493$34,027$26,394$20,325$14,540
23 years$52,104$40,678$31,417$24,038$18,245$12,809
24 years$49,403$38,113$29,056$21,924$16,399$11,297
25 years$46,922$35,767$26,912$20,022$14,757$9,972
26 years$44,636$33,615$24,959$18,307$13,292$8,809
27 years$42,523$31,636$23,177$16,757$11,984$7,788
28 years$40,564$29,810$21,546$15,353$10,814$6,890
29 years$38,743$28,123$20,050$14,079$9,764$6,098
30 years$37,047$26,559$18,676$12,921$8,823$5,400
31 years$35,464$25,107$17,411$11,867$7,977$4,784
32 years$33,982$23,756$16,245$10,906$7,215$4,240
33 years$32,594$22,498$15,168$10,029$6,530$3,759
34 years$31,289$21,323$14,172$9,228$5,912$3,334
35 years$30,062$20,224$13,250$8,494$5,355$2,957
36 years$28,906$19,196$12,395$7,823$4,852$2,624
37 years$27,815$18,231$11,601$7,208$4,397$2,328
38 years$26,783$17,326$10,864$6,644$3,987$2,067
39 years$25,807$16,476$10,179$6,126$3,615$1,835
40 years$24,882$15,675$9,540$5,650$3,279$1,629
41 years$24,005$14,921$8,946$5,213$2,975$1,447
42 years$23,171$14,211$8,392$4,811$2,699$1,285
43 years$22,379$13,540$7,874$4,441$2,450$1,141
44 years$21,624$12,906$7,391$4,101$2,224$1,014
45 years$20,905$12,307$6,940$3,787$2,019$900
46 years$20,220$11,741$6,518$3,498$1,833$800
47 years$19,565$11,204$6,124$3,232$1,664$711
48 years$18,940$10,696$5,755$2,986$1,511$631
49 years$18,342$10,214$5,409$2,760$1,373$561
50 years$17,770$9,757$5,085$2,551$1,247$499

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 $5,629 every year, while hoping to spend $38,386 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: 63/28/9 Blend
74$18,200,000$18,200,000$18,200,000$18,200,000
75$20,062,206$19,097,606$18,815,506$21,287,390
76$22,067,709$19,992,547$19,404,983$23,001,201
77$24,276,486$20,930,052$20,012,921$24,866,683
78$26,709,232$21,912,169$20,639,898$26,902,533
79$29,388,749$22,941,040$21,286,510$29,125,270
80$32,340,164$24,018,915$21,953,371$31,553,056
81$35,591,168$25,148,148$22,641,116$34,205,864
82$39,172,271$26,331,212$23,350,398$37,105,666
83$43,117,097$27,570,696$24,081,891$40,276,628
84$47,462,698$28,869,316$24,836,290$43,745,335
85$52,249,900$30,229,920$25,614,313$47,541,036
86$57,523,697$31,655,493$26,416,699$51,695,913
87$63,333,666$33,149,164$27,244,211$56,245,377
88$69,734,442$34,714,216$28,097,635$61,228,394
89$76,786,232$36,354,088$28,977,782$66,687,851
90$84,555,378$38,072,389$29,885,488$72,670,944
91$93,114,991$39,872,901$30,821,616$79,229,622
92$102,545,636$41,759,589$31,787,056$86,421,066
93$112,936,094$43,736,612$32,782,726$94,308,220
94$124,384,199$45,808,329$33,809,570$102,960,374
95$136,997,762$47,979,312$34,868,565$112,453,812
96$150,895,589$50,254,354$35,960,718$122,872,518
97$166,208,602$52,638,480$37,087,065$134,308,957
98$183,081,075$55,136,962$38,248,678$146,864,941
99$201,671,995$57,755,323$39,446,659$160,652,575
100$222,156,564$60,499,359$40,682,147$175,795,301