Can I retire at age 75 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,069,962
2 years$560,066$549,635$539,526$529,725$520,218$497,657
3 years$369,668$359,193$349,109$339,400$330,048$308,125
4 years$274,488$264,045$254,062$244,518$235,393$214,276
5 years$217,395$207,014$197,163$187,814$178,942$158,692
6 years$179,346$169,043$159,337$150,196$141,591$122,229
7 years$152,178$141,962$132,410$123,484$115,151$96,682
8 years$131,811$121,687$112,294$103,588$95,529$77,947
9 years$115,979$105,951$96,719$88,234$80,449$63,742
10 years$103,321$93,390$84,321$76,059$68,547$52,698
11 years$92,971$83,140$74,235$66,194$58,952$43,942
12 years$84,352$74,622$65,882$58,061$51,087$36,893
13 years$77,065$67,437$58,861$51,259$44,549$31,147
14 years$70,824$61,298$52,887$45,502$39,051$26,416
15 years$65,420$55,997$47,750$40,580$34,384$22,487
16 years$60,696$51,376$43,292$36,335$30,388$19,203
17 years$56,533$47,315$39,394$32,647$26,945$16,442
18 years$52,836$43,721$35,962$29,421$23,958$14,109
19 years$49,532$40,521$32,921$26,584$21,354$12,129
20 years$46,562$37,654$30,214$24,077$19,074$10,444
21 years$43,878$35,073$27,791$21,852$17,069$9,006
22 years$41,442$32,739$25,613$19,868$15,300$7,774
23 years$39,221$30,620$23,649$18,094$13,734$6,718
24 years$37,188$28,689$21,872$16,503$12,345$5,810
25 years$35,321$26,924$20,258$15,072$11,108$5,028
26 years$33,600$25,304$18,788$13,781$10,006$4,355
27 years$32,009$23,814$17,446$12,614$9,021$3,773
28 years$30,534$22,440$16,219$11,557$8,140$3,271
29 years$29,164$21,169$15,093$10,598$7,350$2,837
30 years$27,887$19,992$14,058$9,726$6,641$2,461
31 years$26,695$18,899$13,106$8,933$6,004$2,136
32 years$25,580$17,882$12,228$8,210$5,431$1,854
33 years$24,535$16,935$11,418$7,549$4,915$1,610
34 years$23,553$16,051$10,668$6,946$4,450$1,398
35 years$22,629$15,224$9,974$6,394$4,031$1,214
36 years$21,759$14,449$9,330$5,889$3,652$1,055
37 years$20,937$13,724$8,733$5,426$3,310$916
38 years$20,161$13,042$8,178$5,001$3,001$796
39 years$19,426$12,402$7,662$4,611$2,721$692
40 years$18,730$11,800$7,182$4,253$2,468$601
41 years$18,070$11,232$6,734$3,924$2,239$523
42 years$17,442$10,697$6,317$3,622$2,032$454
43 years$16,845$10,192$5,927$3,343$1,844$395
44 years$16,278$9,715$5,564$3,087$1,674$343
45 years$15,736$9,264$5,224$2,851$1,520$298
46 years$15,220$8,838$4,907$2,633$1,380$259
47 years$14,728$8,434$4,610$2,433$1,253$226
48 years$14,257$8,051$4,332$2,248$1,138$196
49 years$13,807$7,689$4,072$2,078$1,033$171
50 years$13,376$7,344$3,828$1,920$939$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,700,000, adding $2,174 every year, while hoping to spend $39,181 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: 48/30/22 Blend
74$13,700,000$13,700,000$13,700,000$13,700,000
75$15,099,642$14,373,542$14,161,192$15,730,132
76$16,598,118$15,036,158$14,593,904$16,832,796
77$18,248,124$15,729,928$15,039,798$18,025,390
78$20,065,077$16,456,339$15,499,276$19,319,654
79$22,065,962$17,216,946$15,972,748$20,725,158
80$24,269,495$18,013,382$16,460,641$22,252,412
81$26,696,303$18,847,356$16,963,391$23,912,963
82$29,369,111$19,720,662$17,481,450$25,719,501
83$32,312,964$20,635,179$18,015,283$27,685,970
84$35,555,458$21,592,874$18,565,367$29,827,695
85$39,127,004$22,595,814$19,132,196$32,161,525
86$43,061,112$23,646,162$19,716,277$34,705,981
87$47,394,708$24,746,187$20,318,135$37,481,429
88$52,168,484$25,898,265$20,938,308$40,510,265
89$57,427,279$27,104,891$21,577,352$43,817,117
90$63,220,506$28,368,675$22,235,838$47,429,075
91$69,602,616$29,692,358$22,914,356$51,375,937
92$76,633,609$31,078,810$23,613,513$55,690,484
93$84,379,607$32,531,041$24,333,936$60,408,780
94$92,913,472$34,052,207$25,076,268$65,570,506
95$102,315,496$35,645,615$25,841,173$71,219,325
96$112,674,159$37,314,733$26,629,335$77,403,288
97$124,086,964$39,063,196$27,441,458$84,175,272
98$136,661,357$40,894,815$28,278,269$91,593,478
99$150,515,739$42,813,585$29,140,515$99,721,963
100$165,780,589$44,823,695$30,028,967$108,631,237