Can I retire at age 75 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$767,985$761,144$754,470$747,956$741,595$728,411
2 years$380,191$373,110$366,248$359,594$353,141$339,902
3 years$250,943$243,832$236,987$230,396$224,047$211,167
4 years$186,331$179,242$172,466$165,987$159,792$147,370
5 years$147,575$140,528$133,840$127,494$121,471$109,543
6 years$121,745$114,752$108,163$101,958$96,116$84,695
7 years$103,303$96,368$89,884$83,825$78,168$67,257
8 years$89,478$82,605$76,229$70,319$64,848$54,444
9 years$78,730$71,923$65,656$59,896$54,611$44,709
10 years$70,137$63,396$57,240$51,631$46,532$37,122
11 years$63,111$56,438$50,393$44,934$40,019$31,092
12 years$57,261$50,656$44,723$39,414$34,679$26,222
13 years$52,314$45,778$39,957$34,796$30,241$22,241
14 years$48,077$41,611$35,901$30,888$26,509$18,952
15 years$44,409$38,012$32,414$27,547$23,341$16,212
16 years$41,203$34,876$29,388$24,665$20,629$13,913
17 years$38,376$32,119$26,742$22,162$18,291$11,972
18 years$35,867$29,680$24,412$19,972$16,263$10,326
19 years$33,624$27,507$22,348$18,046$14,496$8,923
20 years$31,608$25,561$20,510$16,344$12,948$7,724
21 years$29,786$23,809$18,865$14,834$11,587$6,696
22 years$28,132$22,225$17,387$13,487$10,386$5,811
23 years$26,625$20,786$16,054$12,283$9,323$5,049
24 years$25,245$19,475$14,847$11,203$8,380$4,391
25 years$23,977$18,277$13,752$10,231$7,541$3,821
26 years$22,809$17,177$12,754$9,355$6,792$3,328
27 years$21,729$16,166$11,843$8,563$6,124$2,900
28 years$20,728$15,233$11,010$7,845$5,526$2,528
29 years$19,797$14,370$10,245$7,194$4,990$2,205
30 years$18,931$13,571$9,543$6,603$4,508$1,924
31 years$18,122$12,829$8,897$6,064$4,076$1,680
32 years$17,365$12,139$8,301$5,573$3,687$1,467
33 years$16,655$11,496$7,751$5,125$3,337$1,281
34 years$15,988$10,896$7,242$4,715$3,021$1,119
35 years$15,361$10,334$6,771$4,341$2,736$978
36 years$14,771$9,809$6,334$3,998$2,479$854
37 years$14,213$9,316$5,928$3,683$2,247$747
38 years$13,686$8,854$5,551$3,395$2,037$653
39 years$13,187$8,419$5,201$3,130$1,847$571
40 years$12,715$8,010$4,875$2,887$1,676$499
41 years$12,266$7,625$4,571$2,664$1,520$436
42 years$11,840$7,261$4,288$2,458$1,379$381
43 years$11,435$6,919$4,024$2,269$1,252$334
44 years$11,050$6,595$3,777$2,095$1,136$292
45 years$10,682$6,289$3,546$1,935$1,032$255
46 years$10,332$5,999$3,331$1,788$937$223
47 years$9,998$5,725$3,129$1,651$850$195
48 years$9,678$5,466$2,941$1,526$772$171
49 years$9,372$5,219$2,764$1,410$701$149
50 years$9,080$4,986$2,599$1,304$637$131

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,300,000, adding $2,723 every year, while hoping to spend $21,390 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: 53/26/21 Blend
74$9,300,000$9,300,000$9,300,000$9,300,000
75$10,251,409$9,758,509$9,614,359$10,735,418
76$11,274,294$10,213,917$9,913,681$11,523,904
77$12,400,796$10,690,923$10,222,314$12,378,984
78$13,641,462$11,190,563$10,540,546$13,309,002
79$15,007,913$11,713,923$10,868,676$14,321,104
80$16,512,955$12,262,140$11,207,012$15,423,149
81$18,170,701$12,836,409$11,555,871$16,623,772
82$19,996,699$13,437,979$11,915,579$17,932,468
83$22,008,085$14,068,163$12,286,474$19,359,675
84$24,223,742$14,728,336$12,668,903$20,916,874
85$26,664,477$15,419,937$13,063,225$22,616,686
86$29,353,219$16,144,480$13,469,808$24,472,998
87$32,315,236$16,903,548$13,889,035$26,501,080
88$35,578,369$17,698,801$14,321,297$28,717,734
89$39,173,303$18,531,982$14,767,001$31,141,443
90$43,133,846$19,404,916$15,226,562$33,792,542
91$47,497,259$20,319,517$15,700,412$36,693,409
92$52,304,597$21,277,792$16,188,994$39,868,667
93$57,601,107$22,281,845$16,692,766$43,345,415
94$63,436,647$23,333,881$17,212,200$47,153,477
95$69,866,158$24,436,215$17,747,782$51,325,681
96$76,950,187$25,591,271$18,300,014$55,898,158
97$84,755,455$26,801,591$18,869,413$60,910,683
98$93,355,484$28,069,842$19,456,511$66,407,041
99$102,831,298$29,398,819$20,061,859$72,435,437
100$113,272,182$30,791,453$20,686,023$79,048,940