Can I retire at age 75 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$635,859$630,195$624,669$619,275$614,009$602,598
2 years$314,782$308,919$303,237$297,729$292,385$280,931
3 years$207,770$201,882$196,215$190,758$185,501$174,362
4 years$154,274$148,405$142,794$137,430$132,301$121,561
5 years$122,186$116,351$110,814$105,559$100,573$90,264
6 years$100,800$95,009$89,554$84,417$79,580$69,713
7 years$85,531$79,789$74,420$69,404$64,720$55,298
8 years$74,084$68,394$63,114$58,221$53,691$44,712
9 years$65,185$59,549$54,360$49,591$45,216$36,673
10 years$58,071$52,490$47,392$42,748$38,526$30,412
11 years$52,254$46,728$41,723$37,204$33,134$25,440
12 years$47,409$41,941$37,029$32,633$28,713$21,428
13 years$43,314$37,902$33,083$28,810$25,038$18,151
14 years$39,806$34,452$29,725$25,574$21,948$15,446
15 years$36,769$31,473$26,838$22,808$19,325$13,194
16 years$34,114$28,876$24,332$20,422$17,080$11,307
17 years$31,774$26,593$22,141$18,349$15,144$9,716
18 years$29,696$24,573$20,212$16,536$13,465$8,368
19 years$27,839$22,774$18,503$14,942$12,002$7,221
20 years$26,170$21,163$16,981$13,533$10,720$6,241
21 years$24,662$19,713$15,620$12,282$9,594$5,402
22 years$23,292$18,401$14,396$11,167$8,599$4,681
23 years$22,044$17,210$13,292$10,170$7,719$4,061
24 years$20,901$16,125$12,293$9,275$6,938$3,526
25 years$19,852$15,132$11,386$8,471$6,243$3,064
26 years$18,885$14,222$10,560$7,745$5,624$2,664
27 years$17,990$13,384$9,806$7,090$5,070$2,317
28 years$17,162$12,612$9,116$6,496$4,575$2,017
29 years$16,391$11,898$8,483$5,957$4,131$1,757
30 years$15,674$11,236$7,901$5,467$3,733$1,530
31 years$15,004$10,622$7,366$5,021$3,375$1,334
32 years$14,377$10,051$6,873$4,614$3,053$1,162
33 years$13,790$9,518$6,417$4,243$2,763$1,013
34 years$13,238$9,021$5,996$3,904$2,501$884
35 years$12,719$8,556$5,606$3,594$2,266$771
36 years$12,229$8,121$5,244$3,310$2,053$673
37 years$11,768$7,713$4,908$3,050$1,860$587
38 years$11,331$7,330$4,596$2,811$1,687$512
39 years$10,918$6,970$4,306$2,592$1,529$447
40 years$10,527$6,632$4,036$2,391$1,387$390
41 years$10,156$6,313$3,785$2,206$1,259$340
42 years$9,803$6,012$3,550$2,035$1,142$297
43 years$9,468$5,728$3,331$1,879$1,036$259
44 years$9,149$5,460$3,127$1,735$941$227
45 years$8,845$5,207$2,936$1,602$854$198
46 years$8,554$4,967$2,758$1,480$775$173
47 years$8,278$4,740$2,591$1,367$704$151
48 years$8,013$4,525$2,435$1,263$639$132
49 years$7,760$4,321$2,289$1,168$581$115
50 years$7,518$4,128$2,152$1,079$528$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $7,700,000, adding $2,636 every year, while hoping to spend $55,200 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: 46/40/14 Blend
74$7,700,000$7,700,000$7,700,000$7,700,000
75$8,488,119$8,080,019$7,960,669$8,844,809
76$9,295,175$8,417,208$8,168,619$9,429,870
77$10,182,700$8,769,068$8,381,685$10,058,376
78$11,158,845$9,136,262$8,599,981$10,738,998
79$12,232,588$9,519,479$8,823,621$11,476,597
80$13,413,822$9,919,444$9,052,723$12,276,507
81$14,713,448$10,336,913$9,287,405$13,144,588
82$16,143,475$10,772,677$9,527,788$14,087,279
83$17,717,136$11,227,565$9,773,996$15,111,653
84$19,449,012$11,702,444$10,026,153$16,225,483
85$21,355,169$12,198,221$10,284,387$17,437,313
86$23,453,308$12,715,846$10,548,825$18,756,532
87$25,762,934$13,256,311$10,819,600$20,193,465
88$28,305,540$13,820,657$11,096,843$21,759,462
89$31,104,807$14,409,971$11,380,690$23,467,004
90$34,186,831$15,025,393$11,671,276$25,329,817
91$37,580,365$15,668,115$11,968,741$27,362,997
92$41,317,094$16,339,384$12,273,226$29,583,150
93$45,431,931$17,040,507$12,584,872$32,008,542
94$49,963,346$17,772,850$12,903,823$34,659,270
95$54,953,732$18,537,845$13,230,226$37,557,446
96$60,449,803$19,336,989$13,564,229$40,727,400
97$66,503,033$20,171,852$13,905,981$44,195,904
98$73,170,144$21,044,074$14,255,632$47,992,425
99$80,513,639$21,955,375$14,613,337$52,149,388
100$88,602,396$22,907,554$14,979,250$56,702,488