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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.9%
1 years$759,727$752,960$746,358$739,913$733,621$721,765
2 years$376,103$369,098$362,310$355,728$349,343$337,431
3 years$248,244$241,210$234,438$227,918$221,638$210,040
4 years$184,328$177,315$170,611$164,202$158,074$146,880
5 years$145,988$139,017$132,401$126,123$120,165$109,408
6 years$120,436$113,518$107,000$100,862$95,083$84,774
7 years$102,192$95,332$88,917$82,924$77,328$67,471
8 years$88,516$81,717$75,409$69,563$64,151$54,744
9 years$77,884$71,149$64,950$59,252$54,024$45,062
10 years$69,383$62,715$56,625$51,076$46,031$37,507
11 years$62,433$55,831$49,851$44,451$39,588$31,493
12 years$56,645$50,111$44,242$38,990$34,307$26,630
13 years$51,751$45,286$39,527$34,422$29,916$22,646
14 years$47,560$41,164$35,515$30,556$26,224$19,350
15 years$43,932$37,604$32,066$27,251$23,090$16,598
16 years$40,759$34,501$29,072$24,400$20,407$14,284
17 years$37,963$31,774$26,455$21,923$18,094$12,326
18 years$35,481$29,360$24,150$19,757$16,088$10,662
19 years$33,262$27,211$22,108$17,852$14,340$9,241
20 years$31,268$25,286$20,289$16,169$12,809$8,023
21 years$29,466$23,553$18,662$14,674$11,462$6,976
22 years$27,830$21,986$17,200$13,342$10,274$6,073
23 years$26,338$20,563$15,881$12,151$9,223$5,293
24 years$24,973$19,266$14,688$11,082$8,290$4,617
25 years$23,719$18,080$13,604$10,121$7,460$4,031
26 years$22,563$16,992$12,617$9,254$6,719$3,522
27 years$21,495$15,992$11,716$8,471$6,058$3,079
28 years$20,505$15,069$10,891$7,761$5,466$2,693
29 years$19,585$14,216$10,135$7,117$4,936$2,357
30 years$18,727$13,425$9,441$6,532$4,460$2,063
31 years$17,927$12,691$8,801$5,999$4,032$1,807
32 years$17,178$12,009$8,212$5,513$3,647$1,583
33 years$16,476$11,372$7,667$5,070$3,301$1,387
34 years$15,817$10,778$7,164$4,664$2,989$1,216
35 years$15,196$10,223$6,698$4,294$2,707$1,066
36 years$14,612$9,703$6,266$3,955$2,453$935
37 years$14,060$9,216$5,864$3,644$2,223$820
38 years$13,539$8,758$5,492$3,358$2,015$719
39 years$13,045$8,328$5,145$3,097$1,827$631
40 years$12,578$7,924$4,823$2,856$1,658$553
41 years$12,134$7,543$4,522$2,635$1,504$485
42 years$11,713$7,183$4,242$2,432$1,365$426
43 years$11,312$6,844$3,980$2,245$1,238$374
44 years$10,931$6,524$3,736$2,073$1,124$328
45 years$10,568$6,221$3,508$1,914$1,020$288
46 years$10,221$5,935$3,295$1,768$927$253
47 years$9,890$5,664$3,096$1,634$841$222
48 years$9,574$5,407$2,909$1,510$764$195
49 years$9,272$5,163$2,734$1,395$694$171
50 years$8,982$4,932$2,571$1,290$630$150

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 $5,122 every year, while hoping to spend $51,932 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: 70/10/20 Blend
74$9,200,000$9,200,000$9,200,000$9,200,000
75$10,143,683$9,656,083$9,513,483$10,803,759
76$11,123,084$10,073,976$9,776,930$11,662,585
77$12,200,643$10,510,605$10,047,461$12,595,679
78$13,386,317$10,966,834$10,325,260$13,615,737
79$14,691,078$11,443,566$10,610,513$14,731,354
80$16,127,015$11,941,747$10,903,412$15,951,996
81$17,707,447$12,462,369$11,204,152$17,288,081
82$19,447,050$13,006,469$11,512,935$18,751,081
83$21,361,996$13,575,133$11,829,966$20,353,627
84$23,470,104$14,169,499$12,155,454$22,109,629
85$25,791,009$14,790,758$12,489,616$24,034,401
86$28,346,345$15,440,158$12,832,671$26,144,810
87$31,159,952$16,119,006$13,184,845$28,459,429
88$34,258,098$16,828,669$13,546,369$30,998,713
89$37,669,730$17,570,579$13,917,478$33,785,190
90$41,426,744$18,346,239$14,298,415$36,843,673
91$45,564,286$19,157,219$14,689,426$40,201,490
92$50,121,086$20,005,166$15,090,765$43,888,742
93$55,139,821$20,891,803$15,502,690$47,938,584
94$60,667,518$21,818,936$15,925,465$52,387,538
95$66,755,998$22,788,457$16,359,361$57,275,833
96$73,462,365$23,802,347$16,804,655$62,647,785
97$80,849,546$24,862,681$17,261,630$68,552,210
98$88,986,880$25,971,633$17,730,576$75,042,887
99$97,950,779$27,131,480$18,211,787$82,179,059
100$107,825,444$28,344,608$18,705,567$90,025,992