Can I retire at age 75 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,007,518
2 years$523,273$513,528$504,083$494,925$486,043$472,791
3 years$345,384$335,596$326,175$317,104$308,366$295,446
4 years$256,456$246,699$237,372$228,455$219,929$207,441
5 years$203,114$193,415$184,210$175,476$167,186$155,166
6 years$167,564$157,938$148,869$140,329$132,289$120,751
7 years$142,181$132,636$123,711$115,372$107,586$96,535
8 years$123,152$113,693$104,917$96,783$89,253$78,688
9 years$108,360$98,991$90,365$82,438$75,164$65,080
10 years$96,533$87,255$78,782$71,062$64,044$54,433
11 years$86,863$77,678$69,359$61,845$55,080$45,934
12 years$78,810$69,720$61,554$54,247$47,731$39,040
13 years$72,002$63,006$54,994$47,892$41,622$33,375
14 years$66,171$57,271$49,413$42,513$36,486$28,669
15 years$61,122$52,318$44,613$37,914$32,125$24,726
16 years$56,709$48,001$40,448$33,948$28,392$21,398
17 years$52,819$44,207$36,806$30,502$25,174$18,571
18 years$49,365$40,849$33,599$27,488$22,384$16,157
19 years$46,278$37,859$30,759$24,838$19,951$14,086
20 years$43,503$35,180$28,229$22,496$17,821$12,302
21 years$40,996$32,769$25,965$20,416$15,948$10,761
22 years$38,720$30,589$23,931$18,563$14,295$9,425
23 years$36,645$28,609$22,096$16,906$12,832$8,265
24 years$34,745$26,805$20,435$15,419$11,534$7,255
25 years$33,000$25,155$18,927$14,082$10,378$6,374
26 years$31,392$23,642$17,554$12,875$9,349$5,605
27 years$29,906$22,249$16,300$11,785$8,428$4,931
28 years$28,528$20,966$15,153$10,798$7,605$4,341
29 years$27,248$19,779$14,101$9,902$6,867$3,824
30 years$26,055$18,679$13,135$9,087$6,205$3,370
31 years$24,942$17,658$12,245$8,346$5,610$2,971
32 years$23,900$16,708$11,425$7,670$5,075$2,620
33 years$22,923$15,822$10,668$7,053$4,592$2,311
34 years$22,006$14,996$9,967$6,490$4,158$2,039
35 years$21,143$14,224$9,319$5,974$3,766$1,800
36 years$20,329$13,500$8,717$5,502$3,412$1,589
37 years$19,562$12,822$8,159$5,069$3,093$1,403
38 years$18,837$12,186$7,641$4,673$2,804$1,239
39 years$18,150$11,587$7,159$4,308$2,543$1,094
40 years$17,500$11,024$6,710$3,974$2,306$966
41 years$16,882$10,494$6,292$3,666$2,092$854
42 years$16,296$9,994$5,902$3,384$1,898$754
43 years$15,739$9,523$5,538$3,123$1,723$667
44 years$15,208$9,077$5,198$2,884$1,564$589
45 years$14,703$8,656$4,881$2,663$1,420$520
46 years$14,220$8,257$4,584$2,460$1,289$460
47 years$13,760$7,880$4,307$2,273$1,171$407
48 years$13,320$7,522$4,047$2,100$1,063$359
49 years$12,900$7,184$3,804$1,941$965$318
50 years$12,497$6,862$3,577$1,794$877$281

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $12,800,000, adding $4,113 every year, while hoping to spend $26,111 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: 65/17/18 Blend
74$12,800,000$12,800,000$12,800,000$12,800,000
75$14,109,843$13,431,443$13,233,043$14,963,510
76$15,521,265$14,061,801$13,648,568$16,166,807
77$17,075,777$14,722,173$14,077,138$17,477,865
78$18,787,946$15,413,999$14,519,162$18,909,968
79$20,673,826$16,138,794$14,975,063$20,474,963
80$22,751,105$16,898,144$15,445,276$22,185,884
81$25,039,275$17,693,711$15,930,251$24,057,074
82$27,559,817$18,527,239$16,430,450$26,104,316
83$30,336,401$19,400,556$16,946,352$28,344,979
84$33,395,108$20,315,577$17,478,450$30,798,181
85$36,764,682$21,274,314$18,027,251$33,484,962
86$40,476,796$22,278,871$18,593,280$36,428,484
87$44,566,352$23,331,459$19,177,078$39,654,241
88$49,071,812$24,434,392$19,779,202$43,190,300
89$54,035,558$25,590,099$20,400,227$47,067,561
90$59,504,298$26,801,127$21,040,747$51,320,043
91$65,529,498$28,070,143$21,701,374$55,985,203
92$72,167,875$29,399,948$22,382,738$61,104,283
93$79,481,928$30,793,476$23,085,490$66,722,696
94$87,540,533$32,253,805$23,810,302$72,890,451
95$96,419,586$33,784,160$24,557,865$79,662,618
96$106,202,724$35,387,924$25,328,895$87,099,841
97$116,982,116$37,068,646$26,124,126$95,268,911
98$128,859,327$38,830,045$26,944,320$104,243,383
99$141,946,282$40,676,021$27,790,258$114,104,271
100$156,366,321$42,610,664$28,662,750$124,940,804