Can I retire at age 75 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$759,727$752,960$746,358$739,913$733,621$707,029
2 years$376,103$369,098$362,310$355,728$349,343$322,844
3 years$248,244$241,210$234,438$227,918$221,638$196,065
4 years$184,328$177,315$170,611$164,202$158,074$133,622
5 years$145,988$139,017$132,401$126,123$120,165$96,898
6 years$120,436$113,518$107,000$100,862$95,083$73,018
7 years$102,192$95,332$88,917$82,924$77,328$56,460
8 years$88,516$81,717$75,409$69,563$64,151$44,462
9 years$77,884$71,149$64,950$59,252$54,024$35,487
10 years$69,383$62,715$56,625$51,076$46,031$28,614
11 years$62,433$55,831$49,851$44,451$39,588$23,255
12 years$56,645$50,111$44,242$38,990$34,307$19,016
13 years$51,751$45,286$39,527$34,422$29,916$15,627
14 years$47,560$41,164$35,515$30,556$26,224$12,892
15 years$43,932$37,604$32,066$27,251$23,090$10,670
16 years$40,759$34,501$29,072$24,400$20,407$8,854
17 years$37,963$31,774$26,455$21,923$18,094$7,363
18 years$35,481$29,360$24,150$19,757$16,088$6,134
19 years$33,262$27,211$22,108$17,852$14,340$5,117
20 years$31,268$25,286$20,289$16,169$12,809$4,274
21 years$29,466$23,553$18,662$14,674$11,462$3,574
22 years$27,830$21,986$17,200$13,342$10,274$2,990
23 years$26,338$20,563$15,881$12,151$9,223$2,504
24 years$24,973$19,266$14,688$11,082$8,290$2,098
25 years$23,719$18,080$13,604$10,121$7,460$1,759
26 years$22,563$16,992$12,617$9,254$6,719$1,475
27 years$21,495$15,992$11,716$8,471$6,058$1,237
28 years$20,505$15,069$10,891$7,761$5,466$1,038
29 years$19,585$14,216$10,135$7,117$4,936$871
30 years$18,727$13,425$9,441$6,532$4,460$731
31 years$17,927$12,691$8,801$5,999$4,032$614
32 years$17,178$12,009$8,212$5,513$3,647$516
33 years$16,476$11,372$7,667$5,070$3,301$433
34 years$15,817$10,778$7,164$4,664$2,989$364
35 years$15,196$10,223$6,698$4,294$2,707$306
36 years$14,612$9,703$6,266$3,955$2,453$257
37 years$14,060$9,216$5,864$3,644$2,223$216
38 years$13,539$8,758$5,492$3,358$2,015$181
39 years$13,045$8,328$5,145$3,097$1,827$152
40 years$12,578$7,924$4,823$2,856$1,658$128
41 years$12,134$7,543$4,522$2,635$1,504$107
42 years$11,713$7,183$4,242$2,432$1,365$90
43 years$11,312$6,844$3,980$2,245$1,238$76
44 years$10,931$6,524$3,736$2,073$1,124$64
45 years$10,568$6,221$3,508$1,914$1,020$54
46 years$10,221$5,935$3,295$1,768$927$45
47 years$9,890$5,664$3,096$1,634$841$38
48 years$9,574$5,407$2,909$1,510$764$32
49 years$9,272$5,163$2,734$1,395$694$27
50 years$8,982$4,932$2,571$1,290$630$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,200,000, adding $6,133 every year, while hoping to spend $20,132 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: 40/39/21 Blend
74$9,200,000$9,200,000$9,200,000$9,200,000
75$10,144,726$9,657,126$9,514,526$10,487,184
76$11,158,068$10,108,905$9,811,843$11,185,078
77$12,274,096$10,582,146$10,118,444$11,937,219
78$13,503,263$11,077,881$10,434,621$12,750,514
79$14,857,086$11,597,188$10,760,672$13,630,545
80$16,348,260$12,141,200$11,096,905$14,583,440
81$17,990,769$12,711,106$11,443,638$15,615,916
82$19,800,026$13,308,149$11,801,199$16,735,349
83$21,793,015$13,933,634$12,169,925$17,949,831
84$23,988,450$14,588,930$12,550,165$19,268,249
85$26,406,955$15,275,470$12,942,278$20,700,356
86$29,071,255$15,994,759$13,346,636$22,256,868
87$32,006,394$16,748,373$13,763,619$23,949,550
88$35,239,968$17,537,966$14,193,622$25,791,328
89$38,802,388$18,365,269$14,637,051$27,796,406
90$42,727,164$19,232,100$15,094,325$29,980,389
91$47,051,226$20,140,364$15,565,876$32,360,428
92$51,815,268$21,092,059$16,052,150$34,955,376
93$57,064,134$22,089,279$16,553,606$37,785,957
94$62,847,242$23,134,219$17,070,717$40,874,954
95$69,219,047$24,229,182$17,603,973$44,247,420
96$76,239,559$25,376,582$18,153,876$47,930,904
97$83,974,910$26,578,950$18,720,946$51,955,705
98$92,497,972$27,838,939$19,305,719$56,355,148
99$101,889,051$29,159,334$19,908,747$61,165,890
100$112,236,644$30,543,050$20,530,599$66,428,257