Can I retire at age 75 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$981,467
2 years$511,009$501,492$492,268$483,326$474,651$459,273
3 years$337,289$327,731$318,530$309,671$301,138$286,161
4 years$250,446$240,917$231,808$223,101$214,774$200,314
5 years$198,353$188,882$179,893$171,363$163,268$149,366
6 years$163,636$154,236$145,380$137,040$129,188$115,860
7 years$138,848$129,527$120,812$112,668$105,065$92,316
8 years$120,266$111,029$102,458$94,515$87,161$74,989
9 years$105,820$96,670$88,247$80,506$73,402$61,800
10 years$94,271$85,210$76,936$69,397$62,543$51,502
11 years$84,827$75,858$67,733$60,396$53,789$43,298
12 years$76,963$68,086$60,111$52,975$46,612$36,658
13 years$70,314$61,530$53,705$46,769$40,647$31,216
14 years$64,620$55,929$48,255$41,516$35,631$26,708
15 years$59,690$51,092$43,567$37,025$31,372$22,940
16 years$55,380$46,876$39,500$33,152$27,727$19,770
17 years$51,581$43,171$35,944$29,787$24,584$17,085
18 years$48,208$39,892$32,812$26,844$21,859$14,800
19 years$45,193$36,971$30,038$24,256$19,484$12,846
20 years$42,484$34,356$27,567$21,968$17,403$11,170
21 years$40,035$32,001$25,356$19,938$15,574$9,727
22 years$37,812$29,872$23,370$18,128$13,960$8,481
23 years$35,786$27,938$21,578$16,509$12,531$7,403
24 years$33,931$26,176$19,956$15,058$11,263$6,468
25 years$32,227$24,565$18,483$13,752$10,135$5,656
26 years$30,657$23,087$17,142$12,574$9,129$4,949
27 years$29,205$21,728$15,918$11,509$8,231$4,334
28 years$27,860$20,474$14,798$10,545$7,427$3,797
29 years$26,609$19,315$13,771$9,670$6,706$3,328
30 years$25,445$18,241$12,827$8,874$6,060$2,918
31 years$24,357$17,244$11,958$8,150$5,478$2,560
32 years$23,340$16,316$11,157$7,490$4,956$2,246
33 years$22,386$15,452$10,418$6,888$4,485$1,972
34 years$21,490$14,645$9,734$6,338$4,061$1,731
35 years$20,647$13,890$9,100$5,834$3,678$1,520
36 years$19,853$13,184$8,513$5,373$3,332$1,335
37 years$19,103$12,522$7,968$4,951$3,020$1,173
38 years$18,395$11,900$7,462$4,563$2,738$1,030
39 years$17,725$11,316$6,991$4,207$2,483$905
40 years$17,089$10,766$6,552$3,881$2,252$796
41 years$16,487$10,248$6,144$3,580$2,043$699
42 years$15,914$9,760$5,763$3,304$1,854$615
43 years$15,370$9,299$5,408$3,050$1,683$540
44 years$14,852$8,864$5,077$2,816$1,527$475
45 years$14,358$8,453$4,767$2,601$1,387$418
46 years$13,887$8,064$4,477$2,403$1,259$367
47 years$13,438$7,695$4,206$2,220$1,143$323
48 years$13,008$7,346$3,953$2,051$1,038$284
49 years$12,597$7,015$3,715$1,896$943$250
50 years$12,204$6,701$3,493$1,752$856$219

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,500,000, adding $4,375 every year, while hoping to spend $32,820 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: 66/8/26 Blend
74$12,500,000$12,500,000$12,500,000$12,500,000
75$13,779,513$13,117,013$12,923,263$14,595,144
76$15,150,103$13,724,826$13,321,272$15,753,111
77$16,659,393$14,361,322$13,731,514$17,014,587
78$18,321,496$15,027,872$14,154,365$18,393,120
79$20,151,964$15,725,913$14,590,211$19,900,245
80$22,167,932$16,456,950$15,039,451$21,548,659
81$24,388,283$17,222,563$15,502,495$23,352,339
82$26,833,826$18,024,406$15,979,766$25,326,672
83$29,527,489$18,864,215$16,471,701$27,488,597
84$32,494,539$19,743,808$16,978,749$29,856,766
85$35,762,818$20,665,091$17,501,373$32,451,712
86$39,363,007$21,630,062$18,040,052$35,296,047
87$43,328,916$22,640,818$18,595,276$38,414,668
88$47,697,801$23,699,553$19,167,552$41,834,995
89$52,510,716$24,808,570$19,757,404$45,587,219
90$57,812,902$25,970,283$20,365,370$49,704,594
91$63,654,212$27,187,221$20,992,005$54,223,741
92$70,089,585$28,462,038$21,637,880$59,184,992
93$77,179,559$29,797,515$22,303,586$64,632,771
94$84,990,847$31,196,566$22,989,729$70,616,008
95$93,596,964$32,662,248$23,696,935$77,188,596
96$103,078,922$34,197,766$24,425,850$84,409,900
97$113,525,994$35,806,478$25,177,138$92,345,310
98$125,036,558$37,491,908$25,951,485$101,066,857
99$137,719,023$39,257,748$26,749,596$110,653,891
100$151,692,855$41,107,869$27,572,199$121,193,822