Can I retire at age 75 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,050,401
2 years$547,802$537,599$527,712$518,125$508,826$490,612
3 years$361,573$351,327$341,464$331,968$322,820$305,094
4 years$268,478$258,263$248,499$239,164$230,238$213,135
5 years$212,635$202,481$192,845$183,701$175,023$158,594
6 years$175,418$165,341$155,848$146,907$138,490$122,752
7 years$148,845$138,853$129,510$120,780$112,629$97,588
8 years$128,925$119,023$109,835$101,320$93,437$79,089
9 years$113,439$103,631$94,601$86,302$78,687$65,024
10 years$101,058$91,345$82,475$74,393$67,046$54,056
11 years$90,935$81,319$72,610$64,744$57,661$45,331
12 years$82,505$72,988$64,439$56,789$49,968$38,282
13 years$75,377$65,960$57,572$50,137$43,573$32,512
14 years$69,273$59,956$51,729$44,506$38,196$27,742
15 years$63,987$54,771$46,704$39,691$33,631$23,764
16 years$59,367$50,251$42,344$35,539$29,723$20,422
17 years$55,295$46,279$38,532$31,932$26,354$17,599
18 years$51,679$42,764$35,174$28,777$23,433$15,201
19 years$48,447$39,633$32,200$26,002$20,887$13,155
20 years$45,542$36,829$29,552$23,550$18,656$11,405
21 years$42,918$34,305$27,182$21,373$16,695$9,901
22 years$40,535$32,022$25,053$19,433$14,965$8,606
23 years$38,362$29,950$23,132$17,698$13,433$7,489
24 years$36,374$28,061$21,393$16,142$12,074$6,523
25 years$34,547$26,334$19,814$14,742$10,865$5,686
26 years$32,864$24,750$18,376$13,479$9,787$4,960
27 years$31,308$23,292$17,064$12,338$8,824$4,329
28 years$29,866$21,948$15,863$11,304$7,962$3,780
29 years$28,525$20,706$14,762$10,366$7,189$3,303
30 years$27,277$19,554$13,750$9,513$6,496$2,887
31 years$26,111$18,485$12,819$8,737$5,873$2,524
32 years$25,020$17,491$11,960$8,030$5,312$2,207
33 years$23,997$16,564$11,168$7,384$4,808$1,931
34 years$23,037$15,699$10,434$6,794$4,353$1,690
35 years$22,134$14,890$9,755$6,254$3,943$1,479
36 years$21,282$14,133$9,126$5,760$3,572$1,294
37 years$20,479$13,423$8,542$5,307$3,238$1,133
38 years$19,720$12,757$7,999$4,892$2,935$992
39 years$19,001$12,130$7,494$4,510$2,662$869
40 years$18,320$11,541$7,024$4,160$2,414$761
41 years$17,674$10,986$6,586$3,838$2,190$667
42 years$17,060$10,463$6,178$3,542$1,987$584
43 years$16,477$9,969$5,798$3,270$1,804$511
44 years$15,921$9,502$5,442$3,019$1,637$448
45 years$15,392$9,061$5,110$2,788$1,486$393
46 years$14,887$8,644$4,799$2,576$1,350$344
47 years$14,405$8,249$4,509$2,380$1,225$301
48 years$13,945$7,875$4,237$2,199$1,113$264
49 years$13,504$7,520$3,983$2,032$1,011$231
50 years$13,083$7,184$3,744$1,878$918$203

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,400,000, adding $4,851 every year, while hoping to spend $28,716 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: 35/39/26 Blend
74$13,400,000$13,400,000$13,400,000$13,400,000
75$14,771,804$14,061,604$13,853,904$15,172,592
76$16,247,974$14,720,069$14,287,456$16,130,094
77$17,873,752$15,409,836$14,734,570$17,159,552
78$19,664,365$16,132,409$15,195,669$18,269,769
79$21,636,598$16,889,365$15,671,191$19,467,979
80$23,808,942$17,682,354$16,161,587$20,762,114
81$26,201,775$18,513,111$16,667,321$22,160,866
82$28,837,554$19,383,451$17,188,874$23,673,768
83$31,741,022$20,295,278$17,726,740$25,311,277
84$34,939,449$21,250,589$18,281,428$27,084,864
85$38,462,882$22,251,477$18,853,464$29,007,115
86$42,344,432$23,300,136$19,443,392$31,091,846
87$46,620,588$24,398,867$20,051,770$33,354,222
88$51,331,559$25,550,082$20,679,175$35,810,893
89$56,521,652$26,756,310$21,326,201$38,480,143
90$62,239,694$28,020,203$21,993,463$41,382,055
91$68,539,491$29,344,541$22,681,592$44,538,688
92$75,480,335$30,732,239$23,391,240$47,974,279
93$83,127,563$32,186,353$24,123,082$51,715,461
94$91,553,179$33,710,088$24,877,809$55,791,503
95$100,836,525$35,306,805$25,656,137$60,234,574
96$111,065,038$36,980,025$26,458,805$65,080,037
97$122,335,069$38,733,444$27,286,573$70,366,773
98$134,752,797$40,570,934$28,140,224$76,137,528
99$148,435,230$42,496,557$29,020,569$82,439,313
100$163,511,307$44,514,572$29,928,441$89,323,824