Can I retire at age 75 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$908,370$900,278$892,384$884,679$877,155$866,195
2 years$449,688$441,313$433,196$425,327$417,693$406,664
3 years$296,814$288,403$280,307$272,511$265,002$254,247
4 years$220,392$212,007$203,991$196,329$189,001$178,604
5 years$174,551$166,216$158,306$150,799$143,676$133,666
6 years$144,000$135,728$127,935$120,595$113,686$104,076
7 years$122,187$113,984$106,314$99,148$92,457$83,251
8 years$105,834$97,705$90,163$83,173$76,702$67,898
9 years$93,122$85,070$77,657$70,845$64,594$56,189
10 years$82,958$74,985$67,703$61,069$55,037$47,025
11 years$74,648$66,755$59,605$53,148$47,334$39,708
12 years$67,728$59,915$52,898$46,618$41,019$33,770
13 years$61,877$54,146$47,261$41,157$35,769$28,888
14 years$56,866$49,217$42,464$36,534$31,355$24,832
15 years$52,527$44,961$38,339$32,582$27,607$21,431
16 years$48,734$41,251$34,760$29,174$24,400$18,559
17 years$45,391$37,990$31,630$26,213$21,634$16,119
18 years$42,423$35,105$28,874$23,623$19,236$14,033
19 years$39,770$32,535$26,433$21,345$17,146$12,243
20 years$37,386$30,233$24,259$19,332$15,315$10,701
21 years$35,231$28,161$22,314$17,545$13,705$9,367
22 years$33,275$26,287$20,566$15,953$12,285$8,211
23 years$31,491$24,586$18,989$14,528$11,027$7,206
24 years$29,859$23,035$17,561$13,251$9,912$6,330
25 years$28,360$21,617$16,265$12,101$8,919$5,566
26 years$26,978$20,317$15,085$11,065$8,034$4,898
27 years$25,701$19,121$14,008$10,128$7,243$4,313
28 years$24,517$18,017$13,022$9,279$6,536$3,800
29 years$23,416$16,997$12,118$8,509$5,902$3,350
30 years$22,391$16,052$11,288$7,809$5,332$2,954
31 years$21,434$15,175$10,523$7,172$4,821$2,607
32 years$20,539$14,358$9,818$6,592$4,361$2,301
33 years$19,699$13,597$9,167$6,061$3,947$2,031
34 years$18,911$12,887$8,565$5,577$3,573$1,794
35 years$18,169$12,223$8,008$5,134$3,236$1,584
36 years$17,471$11,602$7,491$4,728$2,932$1,400
37 years$16,811$11,019$7,012$4,357$2,658$1,237
38 years$16,188$10,472$6,566$4,016$2,409$1,093
39 years$15,598$9,958$6,152$3,702$2,185$967
40 years$15,039$9,474$5,766$3,415$1,982$854
41 years$14,508$9,018$5,407$3,151$1,798$756
42 years$14,005$8,589$5,072$2,908$1,632$668
43 years$13,526$8,183$4,759$2,684$1,481$591
44 years$13,070$7,801$4,467$2,478$1,344$523
45 years$12,635$7,439$4,195$2,289$1,220$462
46 years$12,221$7,096$3,940$2,114$1,108$409
47 years$11,825$6,772$3,701$1,953$1,006$362
48 years$11,447$6,465$3,478$1,805$914$320
49 years$11,086$6,173$3,269$1,668$830$283
50 years$10,740$5,897$3,074$1,542$754$250

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $11,000,000, adding $2,180 every year, while hoping to spend $40,129 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: 39/45/16 Blend
74$11,000,000$11,000,000$11,000,000$11,000,000
75$12,124,249$11,541,249$11,370,749$12,538,922
76$13,318,225$12,064,073$11,708,972$13,357,817
77$14,632,642$12,611,171$12,057,180$14,238,655
78$16,079,742$13,183,689$12,415,667$15,190,219
79$17,673,016$13,782,829$12,784,731$16,218,925
80$19,427,327$14,409,852$13,164,684$17,331,807
81$21,359,056$15,066,075$13,555,842$18,536,580
82$23,486,250$15,752,884$13,958,533$19,841,708
83$25,828,798$16,471,725$14,373,094$21,256,478
84$28,408,615$17,224,119$14,799,872$22,791,083
85$31,249,849$18,011,657$15,239,224$24,456,713
86$34,379,111$18,836,006$15,691,515$26,265,652
87$37,825,724$19,698,914$16,157,125$28,231,389
88$41,622,000$20,602,212$16,636,440$30,368,742
89$45,803,545$21,547,822$17,129,862$32,693,984
90$50,409,594$22,537,753$17,637,800$35,224,997
91$55,483,384$23,574,114$18,160,678$37,981,427
92$61,072,560$24,659,115$18,698,930$40,984,867
93$67,229,621$25,795,073$19,253,005$44,259,048
94$74,012,425$26,984,414$19,823,363$47,830,057
95$81,484,724$28,229,681$20,410,477$51,726,574
96$89,716,773$29,533,543$21,014,835$55,980,131
97$98,785,990$30,898,793$21,636,939$60,625,405
98$108,777,687$32,328,360$22,277,303$65,700,528
99$119,785,877$33,825,316$22,936,458$71,247,442
100$131,914,158$35,392,877$23,614,950$77,312,282