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

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$767,985$761,144$754,470$747,956$741,595$726,919
2 years$380,191$373,110$366,248$359,594$353,141$338,417
3 years$250,943$243,832$236,987$230,396$224,047$209,734
4 years$186,331$179,242$172,466$165,987$159,792$146,001
5 years$147,575$140,528$133,840$127,494$121,471$108,241
6 years$121,745$114,752$108,163$101,958$96,116$83,461
7 years$103,303$96,368$89,884$83,825$78,168$66,091
8 years$89,478$82,605$76,229$70,319$64,848$53,346
9 years$78,730$71,923$65,656$59,896$54,611$43,677
10 years$70,137$63,396$57,240$51,631$46,532$36,154
11 years$63,111$56,438$50,393$44,934$40,019$30,185
12 years$57,261$50,656$44,723$39,414$34,679$25,376
13 years$52,314$45,778$39,957$34,796$30,241$21,452
14 years$48,077$41,611$35,901$30,888$26,509$18,218
15 years$44,409$38,012$32,414$27,547$23,341$15,530
16 years$41,203$34,876$29,388$24,665$20,629$13,281
17 years$38,376$32,119$26,742$22,162$18,291$11,388
18 years$35,867$29,680$24,412$19,972$16,263$9,786
19 years$33,624$27,507$22,348$18,046$14,496$8,426
20 years$31,608$25,561$20,510$16,344$12,948$7,266
21 years$29,786$23,809$18,865$14,834$11,587$6,275
22 years$28,132$22,225$17,387$13,487$10,386$5,425
23 years$26,625$20,786$16,054$12,283$9,323$4,695
24 years$25,245$19,475$14,847$11,203$8,380$4,067
25 years$23,977$18,277$13,752$10,231$7,541$3,525
26 years$22,809$17,177$12,754$9,355$6,792$3,058
27 years$21,729$16,166$11,843$8,563$6,124$2,654
28 years$20,728$15,233$11,010$7,845$5,526$2,305
29 years$19,797$14,370$10,245$7,194$4,990$2,002
30 years$18,931$13,571$9,543$6,603$4,508$1,740
31 years$18,122$12,829$8,897$6,064$4,076$1,512
32 years$17,365$12,139$8,301$5,573$3,687$1,315
33 years$16,655$11,496$7,751$5,125$3,337$1,144
34 years$15,988$10,896$7,242$4,715$3,021$995
35 years$15,361$10,334$6,771$4,341$2,736$865
36 years$14,771$9,809$6,334$3,998$2,479$753
37 years$14,213$9,316$5,928$3,683$2,247$655
38 years$13,686$8,854$5,551$3,395$2,037$570
39 years$13,187$8,419$5,201$3,130$1,847$497
40 years$12,715$8,010$4,875$2,887$1,676$432
41 years$12,266$7,625$4,571$2,664$1,520$376
42 years$11,840$7,261$4,288$2,458$1,379$328
43 years$11,435$6,919$4,024$2,269$1,252$285
44 years$11,050$6,595$3,777$2,095$1,136$248
45 years$10,682$6,289$3,546$1,935$1,032$216
46 years$10,332$5,999$3,331$1,788$937$188
47 years$9,998$5,725$3,129$1,651$850$164
48 years$9,678$5,466$2,941$1,526$772$143
49 years$9,372$5,219$2,764$1,410$701$124
50 years$9,080$4,986$2,599$1,304$637$108

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 $4,545 every year, while hoping to spend $45,062 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: 48/26/26 Blend
74$9,300,000$9,300,000$9,300,000$9,300,000
75$10,253,288$9,760,388$9,616,238$10,669,277
76$11,251,178$10,190,702$9,890,437$11,391,870
77$12,349,342$10,640,590$10,172,310$12,171,306
78$13,557,961$11,110,965$10,462,069$13,016,878
79$14,888,253$11,602,782$10,759,927$13,934,838
80$16,352,576$12,117,040$11,066,107$14,932,055
81$17,964,551$12,654,787$11,380,833$16,016,081
82$19,739,184$13,217,120$11,704,340$17,195,215
83$21,693,009$13,805,188$12,036,864$18,478,581
84$23,844,249$14,420,195$12,378,652$19,876,212
85$26,212,980$15,063,401$12,729,954$21,399,138
86$28,821,324$15,736,128$13,091,028$23,059,493
87$31,693,660$16,439,760$13,462,138$24,870,618
88$34,856,850$17,175,745$13,843,557$26,847,192
89$38,340,495$17,945,602$14,235,561$29,005,361
90$42,177,210$18,750,922$14,638,438$31,362,890
91$46,402,940$19,593,371$15,052,479$33,939,322
92$51,057,288$20,474,695$15,477,986$36,756,166
93$56,183,900$21,396,723$15,915,267$39,837,089
94$61,830,867$22,361,372$16,364,638$43,208,138
95$68,051,186$23,370,649$16,826,424$46,897,980
96$74,903,254$24,426,658$17,300,956$50,938,169
97$82,451,425$25,531,604$17,788,577$55,363,439
98$90,766,613$26,687,795$18,289,637$60,212,024
99$99,926,962$27,897,651$18,804,494$65,526,016
100$110,018,584$29,163,708$19,333,517$71,351,756