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%16.6%
1 years$1,635,065$1,620,501$1,606,292$1,592,422$1,578,880$1,536,349
2 years$809,438$794,363$779,753$765,588$751,848$709,303
3 years$534,265$519,125$504,552$490,519$477,003$435,775
4 years$396,706$381,612$367,185$353,392$340,203$300,609
5 years$314,192$299,188$284,950$271,439$258,617$220,766
6 years$259,200$244,310$230,282$217,072$204,634$168,563
7 years$219,936$205,171$191,366$178,467$166,423$132,132
8 years$190,501$175,869$162,293$149,711$138,064$105,536
9 years$167,619$153,126$139,783$127,521$116,270$85,476
10 years$149,325$134,973$121,866$109,924$99,067$69,968
11 years$134,366$120,159$107,289$95,667$85,201$57,751
12 years$121,910$107,848$95,216$83,913$73,834$47,983
13 years$111,378$97,463$85,069$74,082$64,384$40,078
14 years$102,358$88,591$76,435$65,762$56,439$33,620
15 years$94,548$80,930$69,011$58,648$49,693$28,302
16 years$87,721$74,251$62,569$52,513$43,919$23,896
17 years$81,704$68,383$56,935$47,183$38,942$20,224
18 years$76,361$63,189$51,974$42,521$34,625$17,151
19 years$71,586$58,563$47,580$38,421$30,862$14,570
20 years$67,294$54,419$43,666$34,798$27,567$12,395
21 years$63,416$50,689$40,165$31,581$24,669$10,557
22 years$59,895$47,317$37,018$28,715$22,112$9,001
23 years$56,685$44,254$34,179$26,151$19,849$7,681
24 years$53,746$41,463$31,610$23,851$17,841$6,559
25 years$51,047$38,911$29,277$21,782$16,054$5,605
26 years$48,560$36,570$27,153$19,917$14,461$4,792
27 years$46,261$34,417$25,214$18,230$13,038$4,099
28 years$44,130$32,431$23,440$16,703$11,764$3,507
29 years$42,149$30,595$21,813$15,317$10,623$3,002
30 years$40,304$28,894$20,318$14,057$9,598$2,570
31 years$38,582$27,314$18,942$12,910$8,678$2,201
32 years$36,970$25,845$17,673$11,865$7,850$1,886
33 years$35,459$24,475$16,501$10,911$7,104$1,615
34 years$34,040$23,197$15,418$10,039$6,432$1,384
35 years$32,705$22,002$14,415$9,241$5,826$1,186
36 years$31,447$20,883$13,485$8,511$5,278$1,017
37 years$30,260$19,834$12,621$7,842$4,784$871
38 years$29,138$18,850$11,819$7,228$4,337$747
39 years$28,076$17,924$11,073$6,664$3,933$640
40 years$27,070$17,053$10,379$6,147$3,567$549
41 years$26,115$16,233$9,732$5,671$3,236$471
42 years$25,208$15,460$9,129$5,234$2,937$404
43 years$24,346$14,730$8,567$4,832$2,665$346
44 years$23,525$14,041$8,041$4,461$2,419$297
45 years$22,743$13,389$7,550$4,120$2,196$254
46 years$21,997$12,773$7,092$3,806$1,994$218
47 years$21,285$12,189$6,662$3,516$1,811$187
48 years$20,605$11,636$6,261$3,249$1,644$160
49 years$19,954$11,112$5,885$3,003$1,493$138
50 years$19,332$10,615$5,533$2,775$1,357$118

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 $2,484 every year, while hoping to spend $45,669 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: 71/24/5 Blend
74$19,800,000$19,800,000$19,800,000$19,800,000
75$21,822,162$20,772,762$20,465,862$23,361,200
76$23,999,431$21,742,036$21,102,877$25,346,073
77$26,397,251$22,757,274$21,759,701$27,511,844
78$29,038,070$23,820,679$22,436,951$29,880,929
79$31,946,624$24,934,563$23,135,259$32,473,296
80$35,150,170$26,101,347$23,855,281$35,310,915
81$38,678,745$27,323,571$24,597,690$38,417,963
82$42,565,447$28,603,896$25,363,183$41,821,042
83$46,846,750$29,945,114$26,152,477$45,549,428
84$51,562,843$31,350,150$26,966,310$49,635,344
85$56,758,016$32,822,070$27,805,444$54,114,253
86$62,481,074$34,364,092$28,670,667$59,025,191
87$68,785,796$35,979,585$29,562,787$64,411,128
88$75,731,447$37,672,084$30,482,640$70,319,366
89$83,383,334$39,445,295$31,431,087$76,801,980
90$91,813,422$41,303,103$32,409,017$83,916,303
91$101,101,016$43,249,581$33,417,344$91,725,456
92$111,333,508$45,288,998$34,457,013$100,298,940
93$122,607,200$47,425,833$35,528,997$109,713,282
94$135,028,215$49,664,780$36,634,300$120,052,749
95$148,713,499$52,010,760$37,773,954$131,410,134
96$163,791,922$54,468,933$38,949,028$143,887,623
97$180,405,499$57,044,712$40,160,621$157,597,749
98$198,710,724$59,743,767$41,409,867$172,664,444
99$218,880,055$62,572,048$42,697,934$189,224,201
100$241,103,533$65,535,791$44,026,027$207,427,344