Can I retire at age 75 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$817,533$810,251$803,146$796,211$789,440$775,723
2 years$404,719$397,182$389,877$382,794$375,924$362,149
3 years$267,133$259,563$252,276$245,260$238,501$225,098
4 years$198,353$190,806$183,592$176,696$170,101$157,172
5 years$157,096$149,594$142,475$135,719$129,308$116,890
6 years$129,600$122,155$115,141$108,536$102,317$90,424
7 years$109,968$102,586$95,683$89,233$83,211$71,847
8 years$95,251$87,935$81,147$74,856$69,032$58,194
9 years$83,810$76,563$69,892$63,760$58,135$47,816
10 years$74,662$67,487$60,933$54,962$49,534$39,727
11 years$67,183$60,079$53,644$47,833$42,601$33,294
12 years$60,955$53,924$47,608$41,956$36,917$28,098
13 years$55,689$48,731$42,535$37,041$32,192$23,848
14 years$51,179$44,296$38,218$32,881$28,219$20,335
15 years$47,274$40,465$34,505$29,324$24,847$17,407
16 years$43,861$37,126$31,284$26,257$21,960$14,949
17 years$40,852$34,191$28,467$23,591$19,471$12,873
18 years$38,180$31,594$25,987$21,261$17,313$11,111
19 years$35,793$29,281$23,790$19,211$15,431$9,609
20 years$33,647$27,210$21,833$17,399$13,783$8,324
21 years$31,708$25,345$20,082$15,791$12,335$7,221
22 years$29,947$23,658$18,509$14,357$11,056$6,272
23 years$28,342$22,127$17,090$13,076$9,925$5,453
24 years$26,873$20,732$15,805$11,926$8,920$4,746
25 years$25,524$19,456$14,639$10,891$8,027$4,134
26 years$24,280$18,285$13,577$9,958$7,231$3,603
27 years$23,131$17,209$12,607$9,115$6,519$3,142
28 years$22,065$16,216$11,720$8,351$5,882$2,742
29 years$21,075$15,297$10,906$7,658$5,311$2,393
30 years$20,152$14,447$10,159$7,029$4,799$2,090
31 years$19,291$13,657$9,471$6,455$4,339$1,826
32 years$18,485$12,922$8,836$5,932$3,925$1,596
33 years$17,729$12,238$8,251$5,455$3,552$1,395
34 years$17,020$11,599$7,709$5,019$3,216$1,219
35 years$16,352$11,001$7,207$4,621$2,913$1,066
36 years$15,723$10,442$6,742$4,255$2,639$933
37 years$15,130$9,917$6,311$3,921$2,392$816
38 years$14,569$9,425$5,910$3,614$2,169$714
39 years$14,038$8,962$5,537$3,332$1,966$624
40 years$13,535$8,527$5,190$3,074$1,784$546
41 years$13,058$8,117$4,866$2,836$1,618$478
42 years$12,604$7,730$4,565$2,617$1,468$418
43 years$12,173$7,365$4,283$2,416$1,333$366
44 years$11,763$7,020$4,021$2,231$1,210$321
45 years$11,372$6,695$3,775$2,060$1,098$281
46 years$10,999$6,386$3,546$1,903$997$246
47 years$10,643$6,095$3,331$1,758$905$215
48 years$10,302$5,818$3,130$1,624$822$188
49 years$9,977$5,556$2,942$1,501$747$165
50 years$9,666$5,307$2,766$1,388$678$144

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,900,000, adding $3,334 every year, while hoping to spend $59,450 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: 68/10/22 Blend
74$9,900,000$9,900,000$9,900,000$9,900,000
75$10,913,239$10,388,539$10,235,089$11,594,574
76$11,963,135$10,834,323$10,514,710$12,497,108
77$13,118,128$11,299,958$10,801,706$13,476,876
78$14,388,875$11,786,354$11,096,261$14,547,287
79$15,787,118$12,294,463$11,398,564$15,717,282
80$17,325,795$12,825,283$11,708,807$16,996,707
81$19,019,162$13,379,857$12,027,187$18,396,397
82$20,882,925$13,959,279$12,353,906$19,928,284
83$22,934,392$14,564,692$12,689,171$21,605,504
84$25,192,633$15,197,295$13,033,191$23,442,522
85$27,678,660$15,858,342$13,386,182$25,455,263
86$30,415,629$16,549,146$13,748,365$27,661,268
87$33,429,052$17,271,082$14,119,963$30,079,850
88$36,747,041$18,025,591$14,501,208$32,732,278
89$40,400,574$18,814,180$14,892,333$35,641,979
90$44,423,785$19,638,427$15,293,579$38,834,751
91$48,854,288$20,499,987$15,705,191$42,339,009
92$53,733,529$21,400,591$16,127,419$46,186,052
93$59,107,181$22,342,051$16,560,519$50,410,352
94$65,025,569$23,326,267$17,004,752$55,049,880
95$71,544,151$24,355,228$17,460,385$60,146,464
96$78,724,036$25,431,016$17,927,689$65,746,177
97$86,632,564$26,555,812$18,406,944$71,899,773
98$95,343,941$27,731,902$18,898,431$78,663,164
99$104,939,935$28,961,678$19,402,442$86,097,941
100$115,510,656$30,247,647$19,919,270$94,271,957