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%14.1%
1 years$817,533$810,251$803,146$796,211$789,440$776,042
2 years$404,719$397,182$389,877$382,794$375,924$362,467
3 years$267,133$259,563$252,276$245,260$238,501$225,405
4 years$198,353$190,806$183,592$176,696$170,101$157,466
5 years$157,096$149,594$142,475$135,719$129,308$117,170
6 years$129,600$122,155$115,141$108,536$102,317$90,690
7 years$109,968$102,586$95,683$89,233$83,211$72,098
8 years$95,251$87,935$81,147$74,856$69,032$58,431
9 years$83,810$76,563$69,892$63,760$58,135$48,040
10 years$74,662$67,487$60,933$54,962$49,534$39,937
11 years$67,183$60,079$53,644$47,833$42,601$33,491
12 years$60,955$53,924$47,608$41,956$36,917$28,283
13 years$55,689$48,731$42,535$37,041$32,192$24,020
14 years$51,179$44,296$38,218$32,881$28,219$20,496
15 years$47,274$40,465$34,505$29,324$24,847$17,557
16 years$43,861$37,126$31,284$26,257$21,960$15,088
17 years$40,852$34,191$28,467$23,591$19,471$13,002
18 years$38,180$31,594$25,987$21,261$17,313$11,230
19 years$35,793$29,281$23,790$19,211$15,431$9,719
20 years$33,647$27,210$21,833$17,399$13,783$8,426
21 years$31,708$25,345$20,082$15,791$12,335$7,315
22 years$29,947$23,658$18,509$14,357$11,056$6,358
23 years$28,342$22,127$17,090$13,076$9,925$5,533
24 years$26,873$20,732$15,805$11,926$8,920$4,819
25 years$25,524$19,456$14,639$10,891$8,027$4,201
26 years$24,280$18,285$13,577$9,958$7,231$3,664
27 years$23,131$17,209$12,607$9,115$6,519$3,198
28 years$22,065$16,216$11,720$8,351$5,882$2,793
29 years$21,075$15,297$10,906$7,658$5,311$2,440
30 years$20,152$14,447$10,159$7,029$4,799$2,133
31 years$19,291$13,657$9,471$6,455$4,339$1,865
32 years$18,485$12,922$8,836$5,932$3,925$1,631
33 years$17,729$12,238$8,251$5,455$3,552$1,427
34 years$17,020$11,599$7,709$5,019$3,216$1,248
35 years$16,352$11,001$7,207$4,621$2,913$1,093
36 years$15,723$10,442$6,742$4,255$2,639$956
37 years$15,130$9,917$6,311$3,921$2,392$837
38 years$14,569$9,425$5,910$3,614$2,169$733
39 years$14,038$8,962$5,537$3,332$1,966$642
40 years$13,535$8,527$5,190$3,074$1,784$562
41 years$13,058$8,117$4,866$2,836$1,618$492
42 years$12,604$7,730$4,565$2,617$1,468$431
43 years$12,173$7,365$4,283$2,416$1,333$378
44 years$11,763$7,020$4,021$2,231$1,210$331
45 years$11,372$6,695$3,775$2,060$1,098$290
46 years$10,999$6,386$3,546$1,903$997$254
47 years$10,643$6,095$3,331$1,758$905$223
48 years$10,302$5,818$3,130$1,624$822$195
49 years$9,977$5,556$2,942$1,501$747$171
50 years$9,666$5,307$2,766$1,388$678$150

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 $3,533 every year, while hoping to spend $54,563 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: 61/9/30 Blend
74$9,900,000$9,900,000$9,900,000$9,900,000
75$10,913,444$10,388,744$10,235,294$11,490,210
76$11,968,561$10,839,738$10,520,122$12,335,101
77$13,129,471$11,311,002$10,812,663$13,250,823
78$14,406,907$11,803,471$11,113,117$14,249,335
79$15,812,696$12,318,126$11,421,691$15,338,746
80$17,359,869$12,855,992$11,738,596$16,527,977
81$19,062,783$13,418,143$12,064,046$17,826,847
82$20,937,259$14,005,704$12,398,263$19,246,166
83$23,000,728$14,619,852$12,741,474$20,797,835
84$25,272,399$15,261,822$13,093,911$22,494,953
85$27,773,437$15,932,905$13,455,810$24,351,944
86$30,527,164$16,634,453$13,827,415$26,384,689
87$33,559,277$17,367,883$14,208,976$28,610,673
88$36,898,093$18,134,679$14,600,746$31,049,151
89$40,574,815$18,936,395$15,002,988$33,721,326
90$44,623,826$19,774,658$15,415,968$36,650,546
91$49,083,013$20,651,173$15,839,959$39,862,528
92$53,994,125$21,567,725$16,275,243$43,385,590
93$59,403,167$22,526,185$16,722,105$47,250,924
94$65,360,832$23,528,511$17,180,838$51,492,884
95$71,922,984$24,576,755$17,651,743$56,149,307
96$79,151,179$25,673,066$18,135,127$61,261,873
97$87,113,249$26,819,696$18,631,303$66,876,490
98$95,883,943$28,019,004$19,140,594$73,043,727
99$105,545,629$29,273,459$19,663,329$79,819,290
100$116,189,076$30,585,651$20,199,842$87,264,544