Can I retire at age 75 with 18,300,000?

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 $18,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,511,197$1,497,736$1,484,603$1,471,784$1,459,268$1,418,813
2 years$748,117$734,184$720,681$707,589$694,889$654,434
3 years$493,791$479,798$466,328$453,359$440,866$401,677
4 years$366,652$352,702$339,368$326,620$314,430$276,807
5 years$290,389$276,523$263,363$250,875$239,024$203,072
6 years$239,564$225,802$212,837$200,627$189,132$154,884
7 years$203,274$189,628$176,868$164,946$153,815$121,271
8 years$176,069$162,546$149,998$138,369$127,604$96,748
9 years$154,921$141,526$129,193$117,860$107,461$78,263
10 years$138,012$124,748$112,634$101,597$91,562$63,984
11 years$124,187$111,056$99,161$88,419$78,747$52,745
12 years$112,674$99,678$88,003$77,556$68,240$43,765
13 years$102,940$90,079$78,625$68,470$59,507$36,506
14 years$94,604$81,880$70,645$60,780$52,163$30,582
15 years$87,386$74,799$63,783$54,205$45,929$25,708
16 years$81,076$68,626$57,828$48,535$40,592$21,674
17 years$75,514$63,202$52,621$43,608$35,992$18,317
18 years$70,576$58,402$48,037$39,300$32,002$15,511
19 years$66,163$54,126$43,975$35,511$28,524$13,157
20 years$62,196$50,297$40,358$32,162$25,478$11,176
21 years$58,611$46,849$37,122$29,189$22,800$9,504
22 years$55,357$43,732$34,214$26,539$20,437$8,091
23 years$52,390$40,902$31,590$24,170$18,346$6,893
24 years$49,675$38,322$29,216$22,044$16,489$5,877
25 years$47,180$35,964$27,059$20,132$14,838$5,014
26 years$44,881$33,800$25,096$18,408$13,365$4,280
27 years$42,756$31,810$23,304$16,849$12,050$3,655
28 years$40,787$29,974$21,664$15,437$10,873$3,122
29 years$38,956$28,277$20,160$14,156$9,818$2,668
30 years$37,251$26,705$18,779$12,992$8,871$2,281
31 years$35,659$25,245$17,507$11,932$8,020$1,950
32 years$34,169$23,887$16,334$10,966$7,255$1,668
33 years$32,773$22,621$15,251$10,084$6,566$1,426
34 years$31,461$21,440$14,250$9,278$5,945$1,220
35 years$30,227$20,335$13,323$8,541$5,384$1,044
36 years$29,065$19,301$12,463$7,866$4,878$893
37 years$27,967$18,332$11,665$7,248$4,421$764
38 years$26,930$17,422$10,924$6,680$4,008$654
39 years$25,949$16,566$10,235$6,160$3,635$560
40 years$25,019$15,761$9,593$5,681$3,297$479
41 years$24,137$15,003$8,995$5,242$2,991$410
42 years$23,299$14,289$8,438$4,838$2,714$351
43 years$22,502$13,614$7,918$4,466$2,463$300
44 years$21,743$12,977$7,432$4,123$2,236$257
45 years$21,020$12,375$6,978$3,808$2,030$220
46 years$20,331$11,805$6,554$3,517$1,843$188
47 years$19,673$11,266$6,158$3,250$1,674$161
48 years$19,044$10,755$5,786$3,003$1,520$138
49 years$18,443$10,270$5,439$2,775$1,380$118
50 years$17,867$9,810$5,113$2,565$1,254$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,300,000, adding $3,364 every year, while hoping to spend $52,976 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: 56/34/10 Blend
74$18,300,000$18,300,000$18,300,000$18,300,000
75$20,170,070$19,200,170$18,916,520$21,250,041
76$22,171,051$20,084,612$19,493,857$22,864,614
77$24,374,357$21,010,617$20,088,760$24,616,207
78$26,800,568$21,980,164$20,701,760$26,522,764
79$29,472,364$22,995,330$21,333,407$28,599,078
80$32,414,734$24,058,290$21,984,265$30,861,406
81$35,655,216$25,171,325$22,654,917$33,327,614
82$39,224,154$26,336,826$23,345,963$36,017,344
83$43,154,985$27,557,298$24,058,020$38,952,188
84$47,484,554$28,835,366$24,791,724$42,155,886
85$52,253,464$30,173,785$25,547,733$45,654,545
86$57,506,456$31,575,438$26,326,720$49,476,875
87$63,292,831$33,043,352$27,129,382$53,654,451
88$69,666,920$34,580,696$27,956,436$58,222,006
89$76,688,589$36,190,794$28,808,621$63,217,748
90$84,423,812$37,877,129$29,686,696$68,683,711
91$92,945,286$39,643,354$30,591,446$74,666,142
92$102,333,124$41,493,297$31,523,678$81,215,929
93$112,675,604$43,430,970$32,484,223$88,389,069
94$124,070,010$45,460,581$33,473,938$96,247,184
95$136,623,541$47,586,541$34,493,706$104,858,097
96$150,454,333$49,813,471$35,544,435$114,296,452
97$165,692,563$52,146,220$36,627,062$124,644,411
98$182,481,688$54,589,868$37,742,552$135,992,415
99$200,979,790$57,149,742$38,891,897$148,440,025
100$221,361,076$59,831,426$40,076,123$162,096,842