Can I retire at age 75 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,093,496
2 years$564,154$553,647$543,464$533,591$524,015$517,019
3 years$372,367$361,815$351,657$341,877$332,457$325,617
4 years$276,492$265,972$255,917$246,303$237,111$230,480
5 years$218,982$208,525$198,602$189,185$180,248$173,846
6 years$180,655$170,277$160,500$151,292$142,624$136,459
7 years$153,289$142,998$133,376$124,386$115,992$110,066
8 years$132,774$122,576$113,113$104,344$96,226$90,540
9 years$116,826$106,724$97,425$88,878$81,036$75,589
10 years$104,075$94,072$84,937$76,614$69,047$63,835
11 years$93,649$83,747$74,777$66,677$59,383$54,403
12 years$84,967$75,167$66,363$58,485$51,460$46,708
13 years$77,627$67,929$59,291$51,633$44,874$40,345
14 years$71,341$61,745$53,273$45,834$39,336$35,025
15 years$65,897$56,405$48,098$40,876$34,635$30,535
16 years$61,139$51,751$43,608$36,600$30,610$26,717
17 years$56,945$47,661$39,682$32,885$27,141$23,447
18 years$53,221$44,041$36,224$29,636$24,133$20,632
19 years$49,893$40,816$33,162$26,779$21,510$18,196
20 years$46,902$37,929$30,434$24,253$19,213$16,080
21 years$44,199$35,329$27,994$22,011$17,194$14,233
22 years$41,745$32,978$25,800$20,013$15,412$12,618
23 years$39,507$30,844$23,822$18,226$13,834$11,201
24 years$37,460$28,899$22,031$16,624$12,435$9,954
25 years$35,579$27,120$20,405$15,182$11,189$8,855
26 years$33,845$25,489$18,925$13,881$10,079$7,885
27 years$32,243$23,988$17,574$12,706$9,087$7,026
28 years$30,757$22,603$16,337$11,641$8,199$6,265
29 years$29,377$21,324$15,203$10,675$7,404$5,590
30 years$28,091$20,138$14,161$9,797$6,690$4,991
31 years$26,890$19,037$13,202$8,998$6,048$4,458
32 years$25,767$18,013$12,318$8,269$5,471$3,983
33 years$24,714$17,059$11,501$7,604$4,951$3,561
34 years$23,725$16,168$10,746$6,997$4,483$3,184
35 years$22,794$15,335$10,047$6,441$4,060$2,849
36 years$21,918$14,555$9,398$5,932$3,679$2,549
37 years$21,090$13,824$8,797$5,465$3,334$2,281
38 years$20,308$13,138$8,238$5,038$3,023$2,042
39 years$19,568$12,493$7,718$4,645$2,741$1,828
40 years$18,867$11,886$7,234$4,284$2,486$1,637
41 years$18,201$11,314$6,783$3,953$2,256$1,466
42 years$17,569$10,775$6,363$3,648$2,047$1,314
43 years$16,968$10,266$5,971$3,367$1,858$1,177
44 years$16,396$9,786$5,604$3,109$1,686$1,055
45 years$15,851$9,332$5,262$2,872$1,531$945
46 years$15,331$8,902$4,943$2,652$1,390$847
47 years$14,835$8,496$4,643$2,451$1,262$759
48 years$14,361$8,110$4,364$2,264$1,146$680
49 years$13,908$7,745$4,101$2,093$1,041$610
50 years$13,474$7,398$3,856$1,934$945$547

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,800,000, adding $6,986 every year, while hoping to spend $37,443 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: 57/15/28 Blend
74$13,800,000$13,800,000$13,800,000$13,800,000
75$15,214,806$14,483,406$14,269,506$15,964,762
76$16,726,877$15,153,254$14,707,695$17,150,281
77$18,391,925$15,854,669$15,159,309$18,437,313
78$20,225,513$16,589,160$15,624,758$19,839,424
79$22,244,791$17,358,305$16,104,463$21,367,756
80$24,468,659$18,163,761$16,598,862$23,034,567
81$26,917,940$19,007,263$17,108,402$24,853,340
82$29,615,583$19,890,632$17,633,546$26,838,912
83$32,586,874$20,815,774$18,174,772$29,007,603
84$35,859,677$21,784,690$18,732,569$31,377,372
85$39,464,698$22,799,473$19,307,443$33,967,984
86$43,435,772$23,862,322$19,899,917$36,801,188
87$47,810,184$24,975,539$20,510,528$39,900,922
88$52,629,022$26,141,539$21,139,829$43,293,536
89$57,937,559$27,362,852$21,788,391$47,008,032
90$63,785,690$28,642,132$22,456,802$51,076,337
91$70,228,393$29,982,158$23,145,667$55,533,598
92$77,326,253$31,385,848$23,855,611$60,418,512
93$85,146,033$32,856,257$24,587,277$65,773,681
94$93,761,305$34,396,591$25,341,327$71,646,016
95$103,253,142$36,010,207$26,118,445$78,087,167
96$113,710,884$37,700,628$26,919,334$85,154,012
97$125,232,982$39,471,547$27,744,719$92,909,181
98$137,927,926$41,326,833$28,595,348$101,421,648
99$151,915,273$43,270,546$29,471,990$110,767,372
100$167,326,768$45,306,940$30,375,439$121,030,006