Can I retire at age 75 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$891,854$883,910$876,159$868,594$861,207$838,009
2 years$441,512$433,289$425,320$417,593$410,099$386,892
3 years$291,417$283,159$275,210$267,556$260,183$237,695
4 years$216,385$208,152$200,283$192,759$185,565$163,968
5 years$171,377$163,194$155,427$148,057$141,064$120,418
6 years$141,382$133,260$125,608$118,403$111,619$91,943
7 years$119,965$111,911$104,381$97,345$90,776$72,072
8 years$103,910$95,929$88,524$81,661$75,307$57,565
9 years$91,429$83,523$76,245$69,557$63,420$46,623
10 years$81,450$73,622$66,472$59,959$54,037$38,164
11 years$73,291$65,541$58,521$52,182$46,473$31,501
12 years$66,496$58,826$51,936$45,771$40,273$26,172
13 years$60,752$53,162$46,401$40,409$35,119$21,861
14 years$55,832$48,322$41,692$35,870$30,785$18,338
15 years$51,572$44,143$37,642$31,990$27,105$15,438
16 years$47,848$40,501$34,128$28,644$23,956$13,034
17 years$44,566$37,300$31,055$25,736$21,241$11,031
18 years$41,651$34,467$28,349$23,193$18,886$9,355
19 years$39,047$31,943$25,953$20,957$16,834$7,947
20 years$36,706$29,683$23,818$18,981$15,036$6,761
21 years$34,590$27,649$21,908$17,226$13,456$5,758
22 years$32,670$25,809$20,192$15,663$12,061$4,910
23 years$30,919$24,139$18,643$14,264$10,827$4,190
24 years$29,316$22,616$17,242$13,010$9,731$3,578
25 years$27,844$21,224$15,970$11,881$8,757$3,057
26 years$26,487$19,948$14,811$10,864$7,888$2,614
27 years$25,233$18,773$13,753$9,944$7,112$2,236
28 years$24,071$17,690$12,785$9,111$6,417$1,913
29 years$22,991$16,688$11,898$8,355$5,794$1,637
30 years$21,984$15,760$11,082$7,667$5,235$1,402
31 years$21,044$14,899$10,332$7,042$4,733$1,201
32 years$20,165$14,097$9,640$6,472$4,282$1,028
33 years$19,341$13,350$9,001$5,951$3,875$881
34 years$18,567$12,653$8,410$5,476$3,508$755
35 years$17,839$12,001$7,863$5,041$3,178$647
36 years$17,153$11,391$7,355$4,642$2,879$555
37 years$16,505$10,819$6,884$4,277$2,609$475
38 years$15,893$10,282$6,447$3,942$2,366$407
39 years$15,314$9,777$6,040$3,635$2,145$349
40 years$14,765$9,302$5,661$3,353$1,946$299
41 years$14,245$8,854$5,309$3,093$1,765$257
42 years$13,750$8,433$4,980$2,855$1,602$220
43 years$13,280$8,035$4,673$2,635$1,454$189
44 years$12,832$7,659$4,386$2,433$1,320$162
45 years$12,405$7,303$4,118$2,247$1,198$139
46 years$11,998$6,967$3,868$2,076$1,088$119
47 years$11,610$6,649$3,634$1,918$988$102
48 years$11,239$6,347$3,415$1,772$897$88
49 years$10,884$6,061$3,210$1,638$815$75
50 years$10,545$5,790$3,018$1,514$740$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $10,800,000, adding $3,628 every year, while hoping to spend $52,208 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$10,800,000$10,800,000$10,800,000$10,800,000
75$11,905,342$11,332,942$11,165,542$12,534,542
76$13,064,138$11,832,708$11,484,039$13,463,987
77$14,339,382$12,355,212$11,811,456$14,472,210
78$15,742,895$12,901,513$12,148,036$15,571,751
79$17,287,705$13,472,722$12,494,030$16,771,549
80$18,988,165$14,070,000$12,849,694$18,081,443
81$20,860,091$14,694,563$13,215,292$19,512,259
82$22,920,911$15,347,687$13,591,094$21,075,919
83$25,189,826$16,030,706$13,977,378$22,785,542
84$27,687,996$16,745,018$14,374,429$24,655,573
85$30,438,738$17,492,090$14,782,538$26,701,913
86$33,467,742$18,273,455$15,202,005$28,942,072
87$36,803,318$19,090,721$15,633,139$31,395,327
88$40,476,661$19,945,572$16,076,255$34,082,905
89$44,522,147$20,839,771$16,531,676$37,028,182
90$48,977,654$21,775,168$16,999,735$40,256,896
91$53,884,922$22,753,698$17,480,773$43,797,395
92$59,289,944$23,777,389$17,975,139$47,680,898
93$65,243,405$24,848,368$18,483,192$51,941,787
94$71,801,154$25,968,860$19,005,301$56,617,929
95$79,024,736$27,141,198$19,541,843$61,751,035
96$86,981,968$28,367,826$20,093,204$67,387,043
97$95,747,585$29,651,305$20,659,782$73,576,557
98$105,403,938$30,994,319$21,241,985$80,375,314
99$116,041,778$32,399,679$21,840,229$87,844,713
100$127,761,106$33,870,330$22,454,944$96,052,390