Can I retire at age 75 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,028,153
2 years$535,538$525,564$515,897$506,525$497,434$480,895
3 years$353,479$343,462$333,820$324,536$315,593$299,487
4 years$262,467$252,481$242,935$233,810$225,083$209,536
5 years$207,874$197,948$188,528$179,588$171,105$156,161
6 years$171,491$161,639$152,358$143,618$135,389$121,066
7 years$145,513$135,744$126,611$118,076$110,108$96,409
8 years$126,039$116,358$107,376$99,051$91,345$78,269
9 years$110,900$101,311$92,483$84,370$76,926$64,465
10 years$98,796$89,300$80,629$72,728$65,545$53,690
11 years$88,899$79,499$70,984$63,295$56,371$45,109
12 years$80,658$71,354$62,997$55,518$48,850$38,167
13 years$73,689$64,483$56,283$49,014$42,598$32,479
14 years$67,722$58,613$50,571$43,509$37,341$27,770
15 years$62,555$53,544$45,659$38,803$32,878$23,837
16 years$58,038$49,126$41,396$34,744$29,058$20,528
17 years$54,057$45,243$37,669$31,217$25,764$17,728
18 years$50,522$41,807$34,387$28,133$22,909$15,345
19 years$47,362$38,746$31,480$25,420$20,419$13,310
20 years$44,523$36,005$28,890$23,023$18,239$11,564
21 years$41,957$33,537$26,574$20,895$16,321$10,063
22 years$39,627$31,305$24,492$18,998$14,630$8,767
23 years$37,503$29,279$22,614$17,302$13,133$7,646
24 years$35,559$27,433$20,914$15,780$11,804$6,676
25 years$33,774$25,744$19,370$14,412$10,622$5,833
26 years$32,128$24,196$17,965$13,177$9,568$5,100
27 years$30,607$22,771$16,682$12,061$8,626$4,462
28 years$29,197$21,457$15,508$11,051$7,783$3,906
29 years$27,887$20,242$14,432$10,134$7,028$3,421
30 years$26,666$19,117$13,443$9,300$6,350$2,997
31 years$25,526$18,071$12,532$8,542$5,741$2,627
32 years$24,460$17,099$11,693$7,850$5,194$2,303
33 years$23,460$16,193$10,918$7,219$4,700$2,020
34 years$22,521$15,348$10,201$6,642$4,255$1,772
35 years$21,638$14,557$9,537$6,114$3,854$1,555
36 years$20,806$13,817$8,922$5,631$3,492$1,364
37 years$20,020$13,123$8,350$5,188$3,165$1,198
38 years$19,278$12,471$7,820$4,782$2,869$1,051
39 years$18,575$11,859$7,326$4,409$2,602$923
40 years$17,910$11,283$6,867$4,067$2,360$810
41 years$17,278$10,740$6,439$3,752$2,141$712
42 years$16,678$10,229$6,040$3,463$1,943$625
43 years$16,108$9,746$5,668$3,197$1,763$549
44 years$15,565$9,290$5,320$2,952$1,601$482
45 years$15,047$8,859$4,995$2,726$1,453$423
46 years$14,554$8,451$4,692$2,518$1,319$372
47 years$14,083$8,065$4,408$2,326$1,198$327
48 years$13,632$7,699$4,142$2,150$1,088$287
49 years$13,202$7,352$3,893$1,987$988$252
50 years$12,790$7,023$3,660$1,836$898$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,100,000, adding $6,328 every year, while hoping to spend $32,239 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: 45/47/8 Blend
74$13,100,000$13,100,000$13,100,000$13,100,000
75$14,442,727$13,748,427$13,545,377$15,060,000
76$15,881,583$14,387,798$13,964,845$16,126,363
77$17,466,122$15,057,418$14,397,285$17,278,110
78$19,211,170$15,758,734$14,843,097$18,526,189
79$21,133,062$16,493,265$15,302,694$19,879,483
80$23,249,802$17,262,603$15,776,502$21,347,740
81$25,581,226$18,068,414$16,264,959$22,941,655
82$28,149,193$18,912,449$16,768,517$24,672,970
83$30,977,792$19,796,540$17,287,643$26,554,569
84$34,093,565$20,722,609$17,822,818$28,600,605
85$37,525,762$21,692,670$18,374,536$30,826,617
86$41,306,615$22,708,836$18,943,308$33,249,670
87$45,471,642$23,773,321$19,529,660$35,888,515
88$50,059,981$24,888,445$20,134,136$38,763,749
89$55,114,764$26,056,644$20,757,294$41,898,007
90$60,683,517$27,280,466$21,399,710$45,316,164
91$66,818,614$28,562,588$22,061,980$49,045,560
92$73,577,772$29,905,814$22,744,715$53,116,248
93$81,024,588$31,313,082$23,448,546$57,561,270
94$89,229,149$32,787,477$24,174,126$62,416,954
95$98,268,687$34,332,228$24,922,124$67,723,250
96$108,228,311$35,950,724$25,693,232$73,524,089
97$119,201,806$37,646,517$26,488,163$79,867,791
98$131,292,526$39,423,332$27,307,652$86,807,505
99$144,614,361$41,285,073$28,152,456$94,401,699
100$159,292,819$43,235,834$29,023,356$102,714,694