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%13.5%
1 years$817,533$810,251$803,146$796,211$789,440$777,964
2 years$404,719$397,182$389,877$382,794$375,924$364,386
3 years$267,133$259,563$252,276$245,260$238,501$227,260
4 years$198,353$190,806$183,592$176,696$170,101$159,244
5 years$157,096$149,594$142,475$135,719$129,308$118,866
6 years$129,600$122,155$115,141$108,536$102,317$92,302
7 years$109,968$102,586$95,683$89,233$83,211$73,627
8 years$95,251$87,935$81,147$74,856$69,032$59,877
9 years$83,810$76,563$69,892$63,760$58,135$49,405
10 years$74,662$67,487$60,933$54,962$49,534$41,222
11 years$67,183$60,079$53,644$47,833$42,601$34,699
12 years$60,955$53,924$47,608$41,956$36,917$29,416
13 years$55,689$48,731$42,535$37,041$32,192$25,081
14 years$51,179$44,296$38,218$32,881$28,219$21,488
15 years$47,274$40,465$34,505$29,324$24,847$18,482
16 years$43,861$37,126$31,284$26,257$21,960$15,950
17 years$40,852$34,191$28,467$23,591$19,471$13,804
18 years$38,180$31,594$25,987$21,261$17,313$11,975
19 years$35,793$29,281$23,790$19,211$15,431$10,409
20 years$33,647$27,210$21,833$17,399$13,783$9,064
21 years$31,708$25,345$20,082$15,791$12,335$7,905
22 years$29,947$23,658$18,509$14,357$11,056$6,903
23 years$28,342$22,127$17,090$13,076$9,925$6,035
24 years$26,873$20,732$15,805$11,926$8,920$5,281
25 years$25,524$19,456$14,639$10,891$8,027$4,625
26 years$24,280$18,285$13,577$9,958$7,231$4,054
27 years$23,131$17,209$12,607$9,115$6,519$3,555
28 years$22,065$16,216$11,720$8,351$5,882$3,120
29 years$21,075$15,297$10,906$7,658$5,311$2,739
30 years$20,152$14,447$10,159$7,029$4,799$2,406
31 years$19,291$13,657$9,471$6,455$4,339$2,114
32 years$18,485$12,922$8,836$5,932$3,925$1,858
33 years$17,729$12,238$8,251$5,455$3,552$1,634
34 years$17,020$11,599$7,709$5,019$3,216$1,437
35 years$16,352$11,001$7,207$4,621$2,913$1,264
36 years$15,723$10,442$6,742$4,255$2,639$1,112
37 years$15,130$9,917$6,311$3,921$2,392$978
38 years$14,569$9,425$5,910$3,614$2,169$861
39 years$14,038$8,962$5,537$3,332$1,966$758
40 years$13,535$8,527$5,190$3,074$1,784$667
41 years$13,058$8,117$4,866$2,836$1,618$587
42 years$12,604$7,730$4,565$2,617$1,468$517
43 years$12,173$7,365$4,283$2,416$1,333$455
44 years$11,763$7,020$4,021$2,231$1,210$401
45 years$11,372$6,695$3,775$2,060$1,098$353
46 years$10,999$6,386$3,546$1,903$997$311
47 years$10,643$6,095$3,331$1,758$905$274
48 years$10,302$5,818$3,130$1,624$822$241
49 years$9,977$5,556$2,942$1,501$747$213
50 years$9,666$5,307$2,766$1,388$678$187

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 $5,842 every year, while hoping to spend $46,611 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: 62/12/26 Blend
74$9,900,000$9,900,000$9,900,000$9,900,000
75$10,915,826$10,391,126$10,237,676$11,516,661
76$11,979,647$10,850,697$10,531,044$12,384,516
77$13,150,415$11,331,226$10,832,678$13,326,094
78$14,438,989$11,833,688$11,142,806$14,353,210
79$15,857,337$12,359,110$11,461,660$15,474,231
80$17,418,641$12,908,562$11,789,482$16,698,364
81$19,137,430$13,483,169$12,126,517$18,035,743
82$21,029,711$14,084,107$12,473,018$19,497,521
83$23,113,123$14,712,610$12,829,246$21,095,976
84$25,407,102$15,369,968$13,195,466$22,844,620
85$27,933,065$16,057,535$13,571,953$24,758,332
86$30,714,610$16,776,727$13,958,986$26,853,487
87$33,777,744$17,529,030$14,356,855$29,148,120
88$37,151,119$18,315,998$14,765,855$31,662,082
89$40,866,312$19,139,261$15,186,290$34,417,234
90$44,958,117$20,000,526$15,618,472$37,437,648
91$49,464,874$20,901,581$16,062,720$40,749,832
92$54,428,833$21,844,300$16,519,363$44,382,975
93$59,896,550$22,830,647$16,988,738$48,369,224
94$65,919,327$23,862,678$17,471,190$52,743,984
95$72,553,698$24,942,548$17,967,074$57,546,247
96$79,861,958$26,072,516$18,476,754$62,818,958
97$87,912,756$27,254,947$19,000,603$68,609,419
98$96,781,738$28,492,321$19,539,005$74,969,731
99$106,552,267$29,787,236$20,092,352$81,957,281
100$117,316,201$31,142,413$20,661,049$89,635,284