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%15.3%
1 years$635,859$630,195$624,669$619,275$614,009$600,630
2 years$314,782$308,919$303,237$297,729$292,385$278,973
3 years$207,770$201,882$196,215$190,758$185,501$172,475
4 years$154,274$148,405$142,794$137,430$132,301$119,761
5 years$122,186$116,351$110,814$105,559$100,573$88,555
6 years$100,800$95,009$89,554$84,417$79,580$68,096
7 years$85,531$79,789$74,420$69,404$64,720$53,773
8 years$74,084$68,394$63,114$58,221$53,691$43,277
9 years$65,185$59,549$54,360$49,591$45,216$35,327
10 years$58,071$52,490$47,392$42,748$38,526$29,152
11 years$52,254$46,728$41,723$37,204$33,134$24,262
12 years$47,409$41,941$37,029$32,633$28,713$20,330
13 years$43,314$37,902$33,083$28,810$25,038$17,130
14 years$39,806$34,452$29,725$25,574$21,948$14,498
15 years$36,769$31,473$26,838$22,808$19,325$12,316
16 years$34,114$28,876$24,332$20,422$17,080$10,495
17 years$31,774$26,593$22,141$18,349$15,144$8,967
18 years$29,696$24,573$20,212$16,536$13,465$7,677
19 years$27,839$22,774$18,503$14,942$12,002$6,586
20 years$26,170$21,163$16,981$13,533$10,720$5,658
21 years$24,662$19,713$15,620$12,282$9,594$4,867
22 years$23,292$18,401$14,396$11,167$8,599$4,192
23 years$22,044$17,210$13,292$10,170$7,719$3,614
24 years$20,901$16,125$12,293$9,275$6,938$3,118
25 years$19,852$15,132$11,386$8,471$6,243$2,692
26 years$18,885$14,222$10,560$7,745$5,624$2,326
27 years$17,990$13,384$9,806$7,090$5,070$2,011
28 years$17,162$12,612$9,116$6,496$4,575$1,739
29 years$16,391$11,898$8,483$5,957$4,131$1,504
30 years$15,674$11,236$7,901$5,467$3,733$1,302
31 years$15,004$10,622$7,366$5,021$3,375$1,127
32 years$14,377$10,051$6,873$4,614$3,053$976
33 years$13,790$9,518$6,417$4,243$2,763$845
34 years$13,238$9,021$5,996$3,904$2,501$732
35 years$12,719$8,556$5,606$3,594$2,266$634
36 years$12,229$8,121$5,244$3,310$2,053$550
37 years$11,768$7,713$4,908$3,050$1,860$476
38 years$11,331$7,330$4,596$2,811$1,687$413
39 years$10,918$6,970$4,306$2,592$1,529$358
40 years$10,527$6,632$4,036$2,391$1,387$310
41 years$10,156$6,313$3,785$2,206$1,259$269
42 years$9,803$6,012$3,550$2,035$1,142$233
43 years$9,468$5,728$3,331$1,879$1,036$202
44 years$9,149$5,460$3,127$1,735$941$175
45 years$8,845$5,207$2,936$1,602$854$152
46 years$8,554$4,967$2,758$1,480$775$132
47 years$8,278$4,740$2,591$1,367$704$114
48 years$8,013$4,525$2,435$1,263$639$99
49 years$7,760$4,321$2,289$1,168$581$86
50 years$7,518$4,128$2,152$1,079$528$75

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 $3,759 every year, while hoping to spend $35,545 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: 46/33/21 Blend
74$7,700,000$7,700,000$7,700,000$7,700,000
75$8,489,277$8,081,177$7,961,827$8,828,569
76$9,317,364$8,439,335$8,190,729$9,424,930
77$10,228,724$8,813,852$8,426,108$10,067,732
78$11,231,814$9,205,491$8,668,142$10,764,408
79$12,335,952$9,615,053$8,917,018$11,519,999
80$13,551,405$10,043,376$9,172,923$12,340,041
81$14,889,484$10,491,337$9,436,053$13,230,614
82$16,362,657$10,959,858$9,706,606$14,198,400
83$17,984,659$11,449,902$9,984,787$15,250,739
84$19,770,624$11,962,477$10,270,808$16,395,699
85$21,737,231$12,498,642$10,564,884$17,642,148
86$23,902,857$13,059,504$10,867,236$18,999,832
87$26,287,753$13,646,224$11,178,092$20,479,468
88$28,914,232$14,260,017$11,497,687$22,092,841
89$31,806,883$14,902,158$11,826,259$23,852,907
90$34,992,802$15,573,981$12,164,056$25,773,916
91$38,501,846$16,276,884$12,511,330$27,871,544
92$42,366,916$17,012,332$12,868,340$30,163,032
93$46,624,265$17,781,861$13,235,354$32,667,347
94$51,313,846$18,587,078$13,612,644$35,405,358
95$56,479,682$19,429,668$14,000,491$38,400,026
96$62,170,286$20,311,398$14,399,184$41,676,617
97$68,439,116$21,234,118$14,809,018$45,262,933
98$75,345,082$22,199,766$15,230,296$49,189,576
99$82,953,100$23,210,374$15,663,330$53,490,224
100$91,334,704$24,268,070$16,108,440$58,201,944