Can I retire at age 75 with 9,500,000?

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 $9,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$784,501$777,513$770,696$764,041$757,543$740,433
2 years$388,367$381,134$374,124$367,327$360,735$343,588
3 years$256,339$249,075$242,083$235,350$228,865$212,218
4 years$190,339$183,097$176,174$169,557$163,228$147,209
5 years$150,748$143,550$136,719$130,236$124,084$108,736
6 years$124,364$117,219$110,489$104,151$98,183$83,524
7 years$105,525$98,441$91,817$85,628$79,849$65,881
8 years$91,402$84,382$77,868$71,831$66,243$52,960
9 years$80,423$73,470$67,068$61,184$55,786$43,179
10 years$71,646$64,760$58,471$52,741$47,532$35,587
11 years$64,469$57,652$51,477$45,901$40,879$29,581
12 years$58,492$51,745$45,685$40,261$35,425$24,755
13 years$53,439$46,763$40,816$35,545$30,891$20,830
14 years$49,111$42,506$36,673$31,552$27,079$17,606
15 years$45,364$38,830$33,111$28,139$23,843$14,935
16 years$42,089$35,626$30,020$25,196$21,072$12,709
17 years$39,201$32,810$27,317$22,638$18,684$10,842
18 years$36,638$30,318$24,937$20,401$16,613$9,270
19 years$34,347$28,098$22,829$18,434$14,808$7,940
20 years$32,287$26,110$20,951$16,696$13,226$6,811
21 years$30,427$24,321$19,271$15,153$11,836$5,850
22 years$28,737$22,702$17,761$13,777$10,609$5,031
23 years$27,197$21,233$16,399$12,547$9,524$4,330
24 years$25,787$19,894$15,167$11,444$8,560$3,730
25 years$24,492$18,670$14,047$10,451$7,703$3,216
26 years$23,299$17,546$13,028$9,556$6,938$2,774
27 years$22,196$16,513$12,098$8,747$6,256$2,394
28 years$21,173$15,560$11,246$8,014$5,644$2,067
29 years$20,223$14,679$10,466$7,349$5,097$1,785
30 years$19,338$13,863$9,748$6,745$4,605$1,542
31 years$18,511$13,105$9,088$6,194$4,164$1,333
32 years$17,738$12,400$8,479$5,693$3,766$1,152
33 years$17,013$11,743$7,917$5,235$3,408$996
34 years$16,332$11,130$7,397$4,817$3,086$862
35 years$15,692$10,557$6,916$4,434$2,795$745
36 years$15,088$10,020$6,470$4,084$2,533$645
37 years$14,519$9,516$6,056$3,762$2,295$558
38 years$13,980$9,044$5,671$3,468$2,081$483
39 years$13,471$8,600$5,313$3,198$1,887$418
40 years$12,988$8,182$4,980$2,949$1,712$361
41 years$12,530$7,789$4,670$2,721$1,553$313
42 years$12,095$7,418$4,380$2,511$1,409$271
43 years$11,681$7,068$4,110$2,318$1,279$234
44 years$11,287$6,737$3,858$2,140$1,161$203
45 years$10,912$6,424$3,623$1,977$1,054$176
46 years$10,554$6,128$3,403$1,826$957$152
47 years$10,213$5,848$3,197$1,687$869$132
48 years$9,886$5,583$3,004$1,559$789$114
49 years$9,574$5,332$2,823$1,441$717$99
50 years$9,275$5,093$2,654$1,332$651$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,500,000, adding $3,440 every year, while hoping to spend $50,066 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: 60/17/23 Blend
74$9,500,000$9,500,000$9,500,000$9,500,000
75$10,472,548$9,969,048$9,821,798$11,036,646
76$11,487,478$10,404,262$10,097,559$11,855,267
77$12,604,253$10,859,123$10,380,879$12,742,271
78$13,833,209$11,334,541$10,671,960$13,708,962
79$15,185,732$11,831,470$10,971,006$14,763,090
80$16,674,371$12,350,906$11,278,230$15,913,180
81$18,312,951$12,893,895$11,593,845$17,168,611
82$20,116,707$13,461,531$11,918,074$18,539,703
83$22,102,426$14,054,960$12,251,143$20,037,815
84$24,288,602$14,675,382$12,593,286$21,675,445
85$26,695,618$15,324,055$12,944,740$23,466,350
86$29,345,932$16,002,294$13,305,749$25,425,672
87$32,264,289$16,711,478$13,676,564$27,570,080
88$35,477,958$17,453,053$14,057,440$29,917,922
89$39,016,988$18,228,530$14,448,642$32,489,398
90$42,914,486$19,039,494$14,850,438$35,306,746
91$47,206,940$19,887,605$15,263,103$38,394,453
92$51,934,552$20,774,601$15,686,921$41,779,477
93$57,141,624$21,702,305$16,122,180$45,491,507
94$62,876,974$22,672,622$16,569,178$49,563,231
95$69,194,397$23,687,553$17,028,218$54,030,646
96$76,153,173$24,749,190$17,499,611$58,933,397
97$83,818,624$25,859,728$17,983,675$64,315,140
98$92,262,733$27,021,463$18,480,737$70,223,960
99$101,564,820$28,236,804$18,991,130$76,712,811
100$111,812,297$29,508,272$19,515,198$83,840,022