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%16.5%
1 years$759,727$752,960$746,358$739,913$733,621$714,148
2 years$376,103$369,098$362,310$355,728$349,343$329,860
3 years$248,244$241,210$234,438$227,918$221,638$202,755
4 years$184,328$177,315$170,611$164,202$158,074$139,936
5 years$145,988$139,017$132,401$126,123$120,165$102,822
6 years$120,436$113,518$107,000$100,862$95,083$78,552
7 years$102,192$95,332$88,917$82,924$77,328$61,609
8 years$88,516$81,717$75,409$69,563$64,151$49,238
9 years$77,884$71,149$64,950$59,252$54,024$39,902
10 years$69,383$62,715$56,625$51,076$46,031$32,684
11 years$62,433$55,831$49,851$44,451$39,588$26,994
12 years$56,645$50,111$44,242$38,990$34,307$22,443
13 years$51,751$45,286$39,527$34,422$29,916$18,758
14 years$47,560$41,164$35,515$30,556$26,224$15,746
15 years$43,932$37,604$32,066$27,251$23,090$13,265
16 years$40,759$34,501$29,072$24,400$20,407$11,208
17 years$37,963$31,774$26,455$21,923$18,094$9,492
18 years$35,481$29,360$24,150$19,757$16,088$8,056
19 years$33,262$27,211$22,108$17,852$14,340$6,849
20 years$31,268$25,286$20,289$16,169$12,809$5,831
21 years$29,466$23,553$18,662$14,674$11,462$4,970
22 years$27,830$21,986$17,200$13,342$10,274$4,241
23 years$26,338$20,563$15,881$12,151$9,223$3,622
24 years$24,973$19,266$14,688$11,082$8,290$3,095
25 years$23,719$18,080$13,604$10,121$7,460$2,647
26 years$22,563$16,992$12,617$9,254$6,719$2,265
27 years$21,495$15,992$11,716$8,471$6,058$1,939
28 years$20,505$15,069$10,891$7,761$5,466$1,660
29 years$19,585$14,216$10,135$7,117$4,936$1,422
30 years$18,727$13,425$9,441$6,532$4,460$1,219
31 years$17,927$12,691$8,801$5,999$4,032$1,045
32 years$17,178$12,009$8,212$5,513$3,647$896
33 years$16,476$11,372$7,667$5,070$3,301$768
34 years$15,817$10,778$7,164$4,664$2,989$659
35 years$15,196$10,223$6,698$4,294$2,707$565
36 years$14,612$9,703$6,266$3,955$2,453$485
37 years$14,060$9,216$5,864$3,644$2,223$416
38 years$13,539$8,758$5,492$3,358$2,015$357
39 years$13,045$8,328$5,145$3,097$1,827$306
40 years$12,578$7,924$4,823$2,856$1,658$263
41 years$12,134$7,543$4,522$2,635$1,504$225
42 years$11,713$7,183$4,242$2,432$1,365$193
43 years$11,312$6,844$3,980$2,245$1,238$166
44 years$10,931$6,524$3,736$2,073$1,124$142
45 years$10,568$6,221$3,508$1,914$1,020$122
46 years$10,221$5,935$3,295$1,768$927$105
47 years$9,890$5,664$3,096$1,634$841$90
48 years$9,574$5,407$2,909$1,510$764$77
49 years$9,272$5,163$2,734$1,395$694$66
50 years$8,982$4,932$2,571$1,290$630$57

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 $3,127 every year, while hoping to spend $30,221 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: 32/40/28 Blend
74$9,200,000$9,200,000$9,200,000$9,200,000
75$10,141,626$9,654,026$9,511,426$10,379,389
76$11,143,916$10,094,918$9,797,903$11,002,917
77$12,247,428$10,556,401$10,092,965$11,671,145
78$13,462,453$11,039,452$10,396,867$12,390,307
79$14,800,333$11,545,095$10,709,872$13,164,909
80$16,273,565$12,074,403$11,032,251$13,999,885
81$17,895,920$12,628,500$11,364,282$14,900,646
82$19,682,573$13,208,565$11,706,255$15,873,119
83$21,650,244$13,815,833$12,058,463$16,923,805
84$23,817,359$14,451,599$12,421,211$18,059,834
85$26,204,221$15,117,220$12,794,814$19,289,025
86$28,833,205$15,814,116$13,179,593$20,619,957
87$31,728,964$16,543,780$13,575,881$22,062,047
88$34,918,665$17,307,772$13,984,021$23,625,630
89$38,432,247$18,107,731$14,404,363$25,322,051
90$42,302,698$18,945,371$14,837,271$27,163,769
91$46,566,371$19,822,493$15,283,118$29,164,467
92$51,263,326$20,740,980$15,742,287$31,339,172
93$56,437,707$21,702,810$16,215,176$33,704,396
94$62,138,159$22,710,053$16,702,189$36,278,281
95$68,418,286$23,764,881$17,203,748$39,080,761
96$75,337,161$24,869,570$17,720,283$42,133,748
97$82,959,877$26,026,505$18,252,239$45,461,326
98$91,358,168$27,238,187$18,800,072$49,089,973
99$100,611,081$28,507,238$19,364,254$53,048,800
100$110,805,724$29,836,405$19,945,269$57,369,819