Can I retire at age 75 with 18,700,000?

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 $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,477,437
2 years$764,470$750,232$736,434$723,055$710,078$696,247
3 years$504,584$490,285$476,521$463,268$450,503$436,997
4 years$374,667$360,411$346,785$333,759$321,302$308,226
5 years$296,736$282,567$269,120$256,359$244,249$231,641
6 years$244,800$230,737$217,489$205,012$193,266$181,141
7 years$207,717$193,773$180,734$168,552$157,177$145,541
8 years$179,918$166,099$153,277$141,394$130,393$119,246
9 years$158,307$144,619$132,017$120,436$109,810$99,148
10 years$141,029$127,475$115,096$103,817$93,564$83,380
11 years$126,902$113,483$101,328$90,352$80,468$70,755
12 years$115,137$101,856$89,926$79,251$69,732$60,480
13 years$105,190$92,048$80,343$69,967$60,807$52,006
14 years$96,672$83,669$72,189$62,109$53,303$44,941
15 years$89,296$76,434$65,177$55,390$46,933$38,997
16 years$82,848$70,126$59,092$49,596$41,479$33,958
17 years$77,165$64,584$53,772$44,561$36,778$29,658
18 years$72,119$59,678$49,087$40,159$32,702$25,969
19 years$67,609$55,309$44,936$36,287$29,148$22,788
20 years$63,555$51,396$41,240$32,865$26,035$20,035
21 years$59,893$47,873$37,933$29,827$23,299$17,643
22 years$56,567$44,688$34,961$27,119$20,884$15,559
23 years$53,535$41,796$32,281$24,698$18,747$13,738
24 years$50,760$39,160$29,854$22,526$16,850$12,144
25 years$48,211$36,750$27,651$20,572$15,162$10,745
26 years$45,862$34,539$25,645$18,810$13,658$9,515
27 years$43,691$32,505$23,813$17,217$12,314$8,432
28 years$41,678$30,629$22,138$15,775$11,111$7,477
29 years$39,808$28,895$20,601$14,466$10,033$6,634
30 years$38,065$27,288$19,189$13,276$9,065$5,889
31 years$36,438$25,797$17,889$12,193$8,196$5,230
32 years$34,916$24,409$16,691$11,206$7,414$4,647
33 years$33,489$23,116$15,585$10,305$6,709$4,130
34 years$32,149$21,908$14,561$9,481$6,075$3,672
35 years$30,888$20,780$13,614$8,728$5,502$3,265
36 years$29,700$19,723$12,735$8,038$4,985$2,904
37 years$28,579$18,732$11,920$7,406$4,518$2,584
38 years$27,519$17,802$11,163$6,826$4,096$2,300
39 years$26,516$16,928$10,458$6,294$3,714$2,047
40 years$25,566$16,106$9,802$5,806$3,369$1,822
41 years$24,664$15,331$9,192$5,356$3,057$1,622
42 years$23,808$14,601$8,622$4,943$2,774$1,444
43 years$22,993$13,912$8,091$4,563$2,517$1,286
44 years$22,218$13,261$7,594$4,213$2,285$1,145
45 years$21,480$12,645$7,131$3,891$2,074$1,020
46 years$20,775$12,063$6,698$3,594$1,883$909
47 years$20,103$11,512$6,292$3,321$1,710$809
48 years$19,460$10,990$5,913$3,068$1,553$721
49 years$18,846$10,495$5,558$2,836$1,410$642
50 years$18,258$10,025$5,225$2,621$1,281$572

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,700,000, adding $6,513 every year, while hoping to spend $42,818 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: 65/30/5 Blend
74$18,700,000$18,700,000$18,700,000$18,700,000
75$20,614,118$19,623,018$19,333,168$21,939,743
76$22,671,200$20,538,988$19,935,271$23,736,922
77$24,936,670$21,498,405$20,556,110$25,693,807
78$27,431,736$22,503,354$21,196,266$27,830,483
79$30,179,773$23,556,018$21,856,341$30,164,411
80$33,206,535$24,658,687$22,536,953$32,714,791
81$36,540,401$25,813,763$23,238,741$35,502,741
82$40,212,647$27,023,762$23,962,363$38,551,489
83$44,257,732$28,291,322$24,708,498$41,886,584
84$48,713,634$29,619,209$25,477,845$45,536,136
85$53,622,198$31,010,324$26,271,126$49,531,069
86$59,029,538$32,467,706$27,089,085$53,905,410
87$64,986,471$33,994,543$27,932,489$58,696,601
88$71,548,991$35,594,177$28,802,128$63,945,845
89$78,778,807$37,270,110$29,698,819$69,698,487
90$86,743,917$39,026,017$30,623,400$76,004,434
91$95,519,252$40,865,747$31,576,740$82,918,616
92$105,187,386$42,793,339$32,559,731$90,501,499
93$115,839,313$44,813,026$33,573,295$98,819,641
94$127,575,305$46,929,247$34,618,383$107,946,312
95$140,505,860$49,146,654$35,695,973$117,962,179
96$154,752,745$51,470,127$36,807,075$128,956,050
97$170,450,144$53,904,782$37,952,731$141,025,704
98$187,745,925$56,455,982$39,134,013$154,278,805
99$206,803,036$59,129,352$40,352,029$168,833,899
100$227,801,044$61,930,789$41,607,921$184,821,525