Can I retire at age 75 with 10,400,000?

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 $10,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$858,822$851,172$843,709$836,424$829,311$812,899
2 years$425,160$417,241$409,567$402,127$394,910$378,444
3 years$280,624$272,672$265,017$257,647$250,547$234,542
4 years$208,371$200,443$192,865$185,620$178,692$163,270
5 years$165,030$157,149$149,671$142,574$135,839$121,044
6 years$136,145$128,324$120,956$114,017$107,485$93,333
7 years$115,522$107,767$100,515$93,740$87,414$73,909
8 years$100,061$92,376$85,245$78,636$72,518$59,656
9 years$88,043$80,430$73,421$66,981$61,071$48,843
10 years$78,433$70,895$64,010$57,738$52,035$40,430
11 years$70,576$63,114$56,354$50,249$44,752$33,755
12 years$64,033$56,647$50,013$44,075$38,781$28,377
13 years$58,502$51,193$44,683$38,912$33,818$23,989
14 years$53,764$46,533$40,148$34,542$29,645$20,373
15 years$49,662$42,508$36,248$30,805$26,102$17,367
16 years$46,076$39,001$32,864$27,583$23,069$14,852
17 years$42,915$35,918$29,905$24,783$20,454$12,734
18 years$40,109$33,190$27,299$22,334$18,187$10,943
19 years$37,601$30,760$24,991$20,181$16,210$9,422
20 years$35,346$28,584$22,936$18,278$14,479$8,125
21 years$33,309$26,625$21,097$16,588$12,957$7,017
22 years$31,460$24,853$19,444$15,082$11,615$6,067
23 years$29,774$23,245$17,953$13,736$10,426$5,250
24 years$28,230$21,779$16,603$12,528$9,371$4,548
25 years$26,813$20,438$15,378$11,441$8,432$3,942
26 years$25,506$19,209$14,262$10,461$7,596$3,420
27 years$24,299$18,078$13,244$9,575$6,848$2,968
28 years$23,179$17,034$12,312$8,773$6,179$2,577
29 years$22,139$16,070$11,457$8,045$5,580$2,239
30 years$21,170$15,176$10,672$7,383$5,042$1,945
31 years$20,265$14,347$9,949$6,781$4,558$1,691
32 years$19,418$13,575$9,283$6,232$4,123$1,470
33 years$18,625$12,856$8,667$5,731$3,731$1,279
34 years$17,880$12,184$8,098$5,273$3,378$1,112
35 years$17,178$11,557$7,571$4,854$3,060$968
36 years$16,518$10,969$7,083$4,470$2,772$842
37 years$15,894$10,418$6,629$4,119$2,513$733
38 years$15,305$9,901$6,208$3,796$2,278$638
39 years$14,747$9,415$5,816$3,501$2,066$555
40 years$14,218$8,957$5,452$3,229$1,874$483
41 years$13,717$8,527$5,112$2,979$1,700$421
42 years$13,241$8,120$4,795$2,749$1,543$366
43 years$12,788$7,737$4,500$2,538$1,400$319
44 years$12,357$7,375$4,224$2,343$1,271$278
45 years$11,946$7,033$3,966$2,164$1,154$242
46 years$11,554$6,709$3,725$1,999$1,047$211
47 years$11,180$6,402$3,499$1,847$951$184
48 years$10,823$6,112$3,288$1,707$864$160
49 years$10,481$5,837$3,091$1,577$784$139
50 years$10,154$5,575$2,906$1,458$713$121

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,400,000, adding $5,622 every year, while hoping to spend $41,869 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: 30/40/30 Blend
74$10,400,000$10,400,000$10,400,000$10,400,000
75$11,466,599$10,915,399$10,754,199$11,704,949
76$12,591,644$11,405,705$11,069,916$12,383,543
77$13,830,040$11,918,633$11,394,807$13,108,998
78$15,193,305$12,455,247$11,729,134$13,888,602
79$16,694,130$13,016,662$12,073,168$14,727,102
80$18,346,499$13,604,047$12,427,187$15,629,698
81$20,165,821$14,218,624$12,791,477$16,602,087
82$22,169,076$14,861,677$13,166,332$17,650,510
83$24,374,971$15,534,550$13,552,054$18,781,812
84$26,804,125$16,238,649$13,948,955$20,003,494
85$29,479,254$16,975,451$14,357,353$21,323,786
86$32,425,392$17,746,502$14,777,578$22,751,714
87$35,670,121$18,553,420$15,209,966$24,297,182
88$39,243,839$19,397,903$15,654,866$25,971,059
89$43,180,041$20,281,731$16,112,634$27,785,275
90$47,515,635$21,206,765$16,583,637$29,752,928
91$52,291,293$22,174,960$17,068,252$31,888,400
92$57,551,834$23,188,362$17,566,868$34,207,489
93$63,346,645$24,249,116$18,079,882$36,727,545
94$69,730,150$25,359,470$18,607,705$39,467,630
95$76,762,319$26,521,778$19,150,757$42,448,691
96$84,509,241$27,738,510$19,709,472$45,693,746
97$93,043,738$29,012,252$20,284,295$49,228,094
98$102,446,064$30,345,716$20,875,682$53,079,547
99$112,804,650$31,741,744$21,484,105$57,278,677
100$124,216,948$33,203,313$22,110,047$61,859,103