Can I retire at age 75 with 18,600,000?

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 $18,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,535,971$1,522,289$1,508,941$1,495,912$1,483,190$1,468,924
2 years$760,381$746,220$732,495$719,188$706,281$691,909
3 years$501,886$487,663$473,973$460,791$448,094$434,063
4 years$372,663$358,484$344,931$331,974$319,584$306,002
5 years$295,150$281,056$267,681$254,988$242,943$229,849
6 years$243,491$229,503$216,326$203,916$192,232$179,643
7 years$206,606$192,736$179,768$167,650$156,336$144,257
8 years$178,956$165,211$152,457$140,638$129,696$118,127
9 years$157,461$143,846$131,311$119,792$109,223$98,160
10 years$140,275$126,793$114,480$103,262$93,063$82,499
11 years$126,223$112,876$100,787$89,869$80,038$69,964
12 years$114,521$101,312$89,446$78,827$69,359$59,766
13 years$104,628$91,556$79,914$69,593$60,482$51,359
14 years$96,155$83,222$71,803$61,776$53,018$44,353
15 years$88,818$76,025$64,828$55,094$46,682$38,461
16 years$82,405$69,751$58,776$49,330$41,257$33,468
17 years$76,752$64,238$53,484$44,323$36,582$29,210
18 years$71,733$59,359$48,824$39,944$32,527$25,558
19 years$67,248$55,013$44,696$36,093$28,992$22,412
20 years$63,216$51,121$41,020$32,689$25,896$19,689
21 years$59,572$47,617$37,730$29,667$23,174$17,326
22 years$56,265$44,449$34,774$26,974$20,772$15,268
23 years$53,249$41,572$32,108$24,566$18,646$13,471
24 years$50,489$38,951$29,694$22,406$16,760$11,898
25 years$47,954$36,553$27,503$20,462$15,081$10,519
26 years$45,617$34,354$25,508$18,710$13,585$9,308
27 years$43,457$32,331$23,686$17,125$12,248$8,242
28 years$41,455$30,466$22,019$15,690$11,051$7,303
29 years$39,595$28,741$20,491$14,388$9,979$6,474
30 years$37,862$27,143$19,086$13,205$9,017$5,742
31 years$36,243$25,659$17,794$12,128$8,152$5,096
32 years$34,729$24,278$16,602$11,146$7,374$4,524
33 years$33,310$22,992$15,501$10,249$6,673$4,017
34 years$31,977$21,791$14,483$9,430$6,042$3,569
35 years$30,723$20,669$13,541$8,681$5,473$3,171
36 years$29,541$19,618$12,667$7,995$4,958$2,818
37 years$28,426$18,632$11,856$7,366$4,494$2,505
38 years$27,372$17,707$11,103$6,790$4,074$2,227
39 years$26,374$16,838$10,402$6,261$3,695$1,981
40 years$25,429$16,020$9,750$5,774$3,351$1,762
41 years$24,532$15,249$9,142$5,328$3,040$1,567
42 years$23,681$14,523$8,576$4,917$2,759$1,394
43 years$22,871$13,837$8,047$4,539$2,504$1,240
44 years$22,099$13,190$7,554$4,191$2,273$1,104
45 years$21,365$12,578$7,093$3,870$2,063$982
46 years$20,664$11,999$6,662$3,575$1,873$874
47 years$19,995$11,450$6,259$3,303$1,701$778
48 years$19,356$10,931$5,881$3,052$1,545$692
49 years$18,745$10,439$5,528$2,821$1,403$616
50 years$18,160$9,971$5,197$2,607$1,274$549

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,600,000, adding $6,739 every year, while hoping to spend $24,424 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: 46/39/15 Blend
74$18,600,000$18,600,000$18,600,000$18,600,000
75$20,504,151$19,518,351$19,230,051$21,359,762
76$22,569,588$20,448,764$19,848,271$22,885,594
77$24,844,880$21,423,947$20,486,383$24,536,924
78$27,351,408$22,446,071$21,145,027$26,327,860
79$30,112,731$23,517,408$21,824,864$28,271,378
80$33,154,810$24,640,341$22,526,578$30,381,719
81$36,506,255$25,817,372$23,250,872$32,674,518
82$40,198,591$27,051,121$23,998,474$35,166,941
83$44,266,559$28,344,338$24,770,135$37,877,841
84$48,748,443$29,699,906$25,566,630$40,827,923
85$53,686,430$31,120,847$26,388,758$44,039,933
86$59,127,010$32,610,332$27,237,345$47,538,864
87$65,121,412$34,171,686$28,113,244$51,352,178
88$71,726,093$35,808,395$29,017,333$55,510,055
89$79,003,263$37,524,115$29,950,523$60,045,668
90$87,021,479$39,322,680$30,913,748$64,995,484
91$95,856,289$41,208,111$31,907,979$70,399,595
92$105,590,947$43,184,624$32,934,212$76,302,084
93$116,317,195$45,256,643$33,993,480$82,751,425
94$128,136,134$47,428,803$35,086,846$89,800,932
95$141,159,174$49,705,969$36,215,410$97,509,240
96$155,509,088$52,093,240$37,380,305$105,940,847
97$171,321,171$54,595,965$38,582,701$115,166,708
98$188,744,517$57,219,753$39,823,808$125,264,883
99$207,943,425$59,970,488$41,104,873$136,321,258
100$229,098,950$62,854,338$42,427,182$148,430,339