Can I retire at age 75 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$776,243$769,329$762,583$755,999$749,569$741,125
2 years$384,279$377,122$370,186$363,461$356,938$348,437
3 years$253,641$246,453$239,535$232,873$226,456$218,162
4 years$188,335$181,169$174,320$167,772$161,510$153,488
5 years$149,162$142,039$135,279$128,865$122,778$115,049
6 years$123,055$115,985$109,326$103,054$97,150$89,726
7 years$104,414$97,404$90,850$84,727$79,009$71,892
8 years$90,440$83,494$77,048$71,075$65,545$58,735
9 years$79,577$72,696$66,362$60,540$55,199$48,692
10 years$70,892$64,078$57,856$52,186$47,032$40,825
11 years$63,790$57,045$50,935$45,418$40,449$34,536
12 years$57,876$51,201$45,204$39,837$35,052$29,428
13 years$52,876$46,270$40,386$35,170$30,566$25,223
14 years$48,594$42,058$36,287$31,220$26,794$21,725
15 years$44,887$38,421$32,763$27,843$23,592$18,788
16 years$41,646$35,251$29,704$24,930$20,850$16,304
17 years$38,789$32,465$27,030$22,400$18,487$14,190
18 years$36,252$29,999$24,675$20,187$16,438$12,380
19 years$33,985$27,802$22,588$18,240$14,652$10,825
20 years$31,948$25,835$20,730$16,520$13,087$9,482
21 years$30,106$24,065$19,068$14,993$11,712$8,319
22 years$28,435$22,463$17,574$13,632$10,498$7,309
23 years$26,911$21,010$16,227$12,415$9,423$6,429
24 years$25,516$19,685$15,007$11,323$8,470$5,661
25 years$24,235$18,473$13,899$10,341$7,622$4,989
26 years$23,054$17,362$12,891$9,455$6,865$4,401
27 years$21,962$16,339$11,970$8,655$6,190$3,884
28 years$20,951$15,397$11,128$7,930$5,585$3,431
29 years$20,010$14,525$10,356$7,272$5,043$3,032
30 years$19,134$13,717$9,646$6,674$4,557$2,680
31 years$18,317$12,967$8,993$6,129$4,120$2,371
32 years$17,551$12,270$8,390$5,633$3,727$2,097
33 years$16,834$11,620$7,834$5,180$3,373$1,856
34 years$16,160$11,013$7,320$4,766$3,054$1,644
35 years$15,527$10,445$6,843$4,387$2,766$1,456
36 years$14,929$9,914$6,402$4,041$2,506$1,289
37 years$14,366$9,416$5,992$3,723$2,271$1,142
38 years$13,833$8,949$5,611$3,431$2,059$1,012
39 years$13,329$8,509$5,257$3,164$1,867$897
40 years$12,851$8,096$4,927$2,918$1,694$795
41 years$12,398$7,707$4,620$2,692$1,536$705
42 years$11,968$7,340$4,334$2,485$1,394$625
43 years$11,558$6,993$4,067$2,294$1,265$554
44 years$11,169$6,666$3,818$2,118$1,149$491
45 years$10,797$6,357$3,585$1,956$1,043$436
46 years$10,443$6,064$3,367$1,807$947$386
47 years$10,105$5,787$3,163$1,669$860$343
48 years$9,782$5,524$2,972$1,542$781$304
49 years$9,473$5,275$2,794$1,425$709$270
50 years$9,178$5,039$2,627$1,318$644$239

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,400,000, adding $5,009 every year, while hoping to spend $38,518 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: 72/13/15 Blend
74$9,400,000$9,400,000$9,400,000$9,400,000
75$10,363,967$9,865,767$9,720,067$11,074,995
76$11,380,109$10,308,207$10,004,706$11,989,620
77$12,498,606$10,771,035$10,297,590$12,985,710
78$13,729,858$11,255,210$10,598,954$14,075,494
79$15,085,325$11,761,736$10,909,040$15,268,238
80$16,577,632$12,291,666$11,228,097$16,574,142
81$18,220,693$12,846,100$11,556,381$18,004,437
82$20,029,839$13,426,194$11,894,155$19,571,485
83$22,021,963$14,033,158$12,241,689$21,288,895
84$24,215,679$14,668,259$12,599,262$23,171,655
85$26,631,500$15,332,825$12,967,159$25,236,265
86$29,292,028$16,028,248$13,345,674$27,500,893
87$32,222,170$16,755,987$13,735,108$29,985,548
88$35,449,370$17,517,570$14,135,773$32,712,262
89$39,003,872$18,314,596$14,547,988$35,705,299
90$42,919,000$19,148,746$14,972,079$38,991,380
91$47,231,479$20,021,775$15,408,385$42,599,936
92$51,981,776$20,935,527$15,857,251$46,563,379
93$57,214,482$21,891,933$16,319,034$50,917,410
94$62,978,736$22,893,015$16,794,099$55,701,350
95$69,328,689$23,940,895$17,282,823$60,958,512
96$76,324,010$25,037,793$17,785,592$66,736,602
97$84,030,453$26,186,039$18,302,803$73,088,173
98$92,520,477$27,388,073$18,834,865$80,071,112
99$101,873,929$28,646,452$19,382,197$87,749,187
100$112,178,799$29,963,857$19,945,230$96,192,646