Can I retire at age 75 with 19,800,000?

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 $19,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,559,797
2 years$809,438$794,363$779,753$765,588$751,848$732,643
3 years$534,265$519,125$504,552$490,519$477,003$458,273
4 years$396,706$381,612$367,185$353,392$340,203$322,092
5 years$314,192$299,188$284,950$271,439$258,617$241,178
6 years$259,200$244,310$230,282$217,072$204,634$187,888
7 years$219,936$205,171$191,366$178,467$166,423$150,376
8 years$190,501$175,869$162,293$149,711$138,064$122,715
9 years$167,619$153,126$139,783$127,521$116,270$101,613
10 years$149,325$134,973$121,866$109,924$99,067$85,093
11 years$134,366$120,159$107,289$95,667$85,201$71,896
12 years$121,910$107,848$95,216$83,913$73,834$61,183
13 years$111,378$97,463$85,069$74,082$64,384$52,373
14 years$102,358$88,591$76,435$65,762$56,439$45,049
15 years$94,548$80,930$69,011$58,648$49,693$38,906
16 years$87,721$74,251$62,569$52,513$43,919$33,716
17 years$81,704$68,383$56,935$47,183$38,942$29,302
18 years$76,361$63,189$51,974$42,521$34,625$25,530
19 years$71,586$58,563$47,580$38,421$30,862$22,289
20 years$67,294$54,419$43,666$34,798$27,567$19,496
21 years$63,416$50,689$40,165$31,581$24,669$17,079
22 years$59,895$47,317$37,018$28,715$22,112$14,982
23 years$56,685$44,254$34,179$26,151$19,849$13,159
24 years$53,746$41,463$31,610$23,851$17,841$11,569
25 years$51,047$38,911$29,277$21,782$16,054$10,180
26 years$48,560$36,570$27,153$19,917$14,461$8,965
27 years$46,261$34,417$25,214$18,230$13,038$7,900
28 years$44,130$32,431$23,440$16,703$11,764$6,966
29 years$42,149$30,595$21,813$15,317$10,623$6,146
30 years$40,304$28,894$20,318$14,057$9,598$5,425
31 years$38,582$27,314$18,942$12,910$8,678$4,790
32 years$36,970$25,845$17,673$11,865$7,850$4,231
33 years$35,459$24,475$16,501$10,911$7,104$3,739
34 years$34,040$23,197$15,418$10,039$6,432$3,305
35 years$32,705$22,002$14,415$9,241$5,826$2,922
36 years$31,447$20,883$13,485$8,511$5,278$2,584
37 years$30,260$19,834$12,621$7,842$4,784$2,285
38 years$29,138$18,850$11,819$7,228$4,337$2,021
39 years$28,076$17,924$11,073$6,664$3,933$1,788
40 years$27,070$17,053$10,379$6,147$3,567$1,582
41 years$26,115$16,233$9,732$5,671$3,236$1,400
42 years$25,208$15,460$9,129$5,234$2,937$1,239
43 years$24,346$14,730$8,567$4,832$2,665$1,097
44 years$23,525$14,041$8,041$4,461$2,419$971
45 years$22,743$13,389$7,550$4,120$2,196$860
46 years$21,997$12,773$7,092$3,806$1,994$761
47 years$21,285$12,189$6,662$3,516$1,811$674
48 years$20,605$11,636$6,261$3,249$1,644$597
49 years$19,954$11,112$5,885$3,003$1,493$528
50 years$19,332$10,615$5,533$2,775$1,357$468

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $19,800,000, adding $4,758 every year, while hoping to spend $34,842 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: 24/48/28 Blend
74$19,800,000$19,800,000$19,800,000$19,800,000
75$21,824,508$20,775,108$20,468,208$22,155,637
76$24,013,536$21,756,017$21,116,821$23,418,602
77$26,424,677$22,783,822$21,785,995$24,767,534
78$29,080,551$23,860,785$22,476,382$26,212,085
79$32,006,080$24,989,277$23,188,655$27,760,237
80$35,228,732$26,171,784$23,923,507$29,420,704
81$38,778,773$27,410,911$24,681,654$31,203,013
82$42,689,554$28,709,392$25,463,836$33,117,574
83$46,997,829$30,070,092$26,270,814$35,175,770
84$51,744,096$31,496,016$27,103,375$37,390,053
85$56,972,986$32,990,313$27,962,331$39,774,049
86$62,733,679$34,556,287$28,848,517$42,342,670
87$69,080,371$36,197,401$29,762,799$45,112,242
88$76,072,782$37,917,287$30,706,066$48,100,649
89$83,776,725$39,719,754$31,679,239$51,327,480
90$92,264,723$41,608,793$32,683,265$54,814,200
91$101,616,694$43,588,593$33,719,123$58,584,339
92$111,920,706$45,663,544$34,787,823$62,663,690
93$123,273,810$47,838,249$35,890,407$67,080,542
94$135,782,951$50,117,536$37,027,949$71,865,922
95$149,565,984$52,506,468$38,201,557$77,053,869
96$164,752,782$55,010,352$39,412,376$82,681,737
97$181,486,461$57,634,755$40,661,587$88,790,521
98$199,924,736$60,385,514$41,950,406$95,425,225
99$220,241,405$63,268,749$43,280,090$102,635,261
100$242,627,991$66,290,881$44,651,936$110,474,890