Can I retire at age 75 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$668,890$662,932$657,119$651,446$645,905$630,547
2 years$331,134$324,967$318,990$313,195$307,574$292,190
3 years$218,563$212,369$206,408$200,667$195,138$180,210
4 years$162,289$156,114$150,212$144,569$139,174$124,816
5 years$128,533$122,395$116,571$111,043$105,798$92,051
6 years$106,036$99,945$94,206$88,802$83,714$70,592
7 years$89,974$83,934$78,286$73,009$68,082$55,586
8 years$77,932$71,947$66,393$61,245$56,481$44,606
9 years$68,572$62,642$57,184$52,168$47,565$36,302
10 years$61,087$55,216$49,854$44,969$40,528$29,864
11 years$54,968$49,156$43,891$39,136$34,855$24,776
12 years$49,872$44,120$38,952$34,328$30,205$20,694
13 years$45,564$39,871$34,801$30,306$26,339$17,378
14 years$41,874$36,242$31,269$26,903$23,089$14,658
15 years$38,679$33,108$28,232$23,992$20,329$12,409
16 years$35,886$30,376$25,596$21,483$17,967$10,537
17 years$33,424$27,975$23,291$19,302$15,931$8,969
18 years$31,239$25,850$21,262$17,395$14,165$7,652
19 years$29,285$23,957$19,464$15,718$12,625$6,539
20 years$27,529$22,262$17,863$14,236$11,277$5,597
21 years$25,943$20,737$16,431$12,920$10,092$4,796
22 years$24,502$19,357$15,144$11,747$9,046$4,115
23 years$23,189$18,104$13,983$10,698$8,120$3,534
24 years$21,987$16,962$12,931$9,757$7,299$3,037
25 years$20,883$15,918$11,977$8,911$6,568$2,612
26 years$19,866$14,961$11,108$8,148$5,916$2,247
27 years$18,925$14,080$10,315$7,458$5,334$1,935
28 years$18,053$13,267$9,589$6,833$4,813$1,666
29 years$17,243$12,516$8,923$6,266$4,346$1,436
30 years$16,488$11,820$8,312$5,751$3,927$1,237
31 years$15,783$11,174$7,749$5,281$3,550$1,067
32 years$15,124$10,573$7,230$4,854$3,211$920
33 years$14,506$10,013$6,751$4,463$2,906$793
34 years$13,925$9,490$6,307$4,107$2,631$684
35 years$13,379$9,001$5,897$3,781$2,383$590
36 years$12,865$8,543$5,516$3,482$2,159$509
37 years$12,379$8,114$5,163$3,208$1,957$440
38 years$11,920$7,711$4,835$2,957$1,774$379
39 years$11,486$7,333$4,530$2,726$1,609$327
40 years$11,074$6,976$4,246$2,515$1,459$283
41 years$10,683$6,641$3,981$2,320$1,324$244
42 years$10,312$6,325$3,735$2,141$1,201$211
43 years$9,960$6,026$3,504$1,977$1,090$182
44 years$9,624$5,744$3,290$1,825$990$157
45 years$9,304$5,477$3,089$1,685$898$136
46 years$8,999$5,225$2,901$1,557$816$117
47 years$8,708$4,987$2,726$1,438$741$101
48 years$8,429$4,760$2,561$1,329$673$87
49 years$8,163$4,546$2,407$1,228$611$75
50 years$7,908$4,342$2,263$1,135$555$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $8,100,000, adding $5,107 every year, while hoping to spend $52,166 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: 48/31/21 Blend
74$8,100,000$8,100,000$8,100,000$8,100,000
75$8,931,468$8,502,168$8,376,618$9,306,853
76$9,786,973$8,863,270$8,601,730$9,929,992
77$10,727,992$9,240,317$8,832,636$10,600,604
78$11,763,191$9,634,037$9,069,473$11,327,747
79$12,902,120$10,045,188$9,312,384$12,116,750
80$14,155,301$10,474,568$9,561,514$12,973,469
81$15,534,328$10,923,007$9,817,010$13,904,339
82$17,051,973$11,391,378$10,079,024$14,916,434
83$18,722,312$11,880,593$10,347,709$16,017,528
84$20,560,853$12,391,608$10,623,223$17,216,171
85$22,584,685$12,925,422$10,905,725$18,521,760
86$24,812,637$13,483,081$11,195,381$19,944,633
87$27,265,455$14,065,681$11,492,355$21,496,155
88$29,966,002$14,674,370$11,796,819$23,188,830
89$32,939,467$15,310,347$12,108,946$25,036,411
90$36,213,610$15,974,871$12,428,913$27,054,028
91$39,819,016$16,669,258$12,756,899$29,258,328
92$43,789,390$17,394,885$13,093,089$31,667,627
93$48,161,869$18,153,197$13,437,670$34,302,079
94$52,977,380$18,945,703$13,790,832$37,183,866
95$58,281,017$19,773,987$14,152,769$40,337,398
96$64,122,473$20,639,705$14,523,679$43,789,543
97$70,556,507$21,544,592$14,903,764$47,569,873
98$77,643,459$22,490,466$15,293,228$51,710,941
99$85,449,821$23,479,227$15,692,281$56,248,585
100$94,048,864$24,512,871$16,101,133$61,222,254