Can I retire at age 75 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,095,918
2 years$568,242$557,659$547,403$537,458$527,812$515,241
3 years$375,065$364,436$354,206$344,355$334,866$322,601
4 years$278,495$267,899$257,771$248,088$238,829$226,966
5 years$220,569$210,036$200,041$190,555$181,554$170,126
6 years$181,964$171,510$161,663$152,389$143,658$132,679
7 years$154,399$144,034$134,343$125,287$116,832$106,308
8 years$133,736$123,464$113,933$105,100$96,923$86,853
9 years$117,672$107,498$98,131$89,522$81,624$72,002
10 years$104,829$94,754$85,552$77,169$69,547$60,369
11 years$94,328$84,354$75,319$67,160$59,813$51,070
12 years$85,583$75,711$66,844$58,908$51,833$43,516
13 years$78,190$68,421$59,720$52,007$45,199$37,298
14 years$71,858$62,193$53,659$46,166$39,621$32,125
15 years$66,375$56,814$48,447$41,172$34,886$27,782
16 years$61,582$52,126$43,924$36,865$30,832$24,109
17 years$57,358$48,006$39,969$33,123$27,338$20,983
18 years$53,607$44,360$36,487$29,851$24,308$18,307
19 years$50,255$41,112$33,402$26,973$21,666$16,007
20 years$47,242$38,203$30,655$24,429$19,352$14,021
21 years$44,519$35,585$28,196$22,171$17,318$12,302
22 years$42,047$33,217$25,987$20,158$15,523$10,808
23 years$39,794$31,067$23,995$18,359$13,935$9,507
24 years$37,731$29,108$22,191$16,744$12,525$8,371
25 years$35,836$27,317$20,553$15,292$11,270$7,378
26 years$34,090$25,673$19,062$13,982$10,152$6,507
27 years$32,476$24,161$17,701$12,798$9,153$5,744
28 years$30,980$22,767$16,455$11,726$8,259$5,073
29 years$29,590$21,478$15,313$10,753$7,457$4,483
30 years$28,294$20,284$14,264$9,868$6,738$3,963
31 years$27,085$19,175$13,297$9,063$6,092$3,505
32 years$25,954$18,144$12,407$8,329$5,511$3,102
33 years$24,893$17,182$11,584$7,660$4,987$2,745
34 years$23,897$16,285$10,824$7,047$4,515$2,430
35 years$22,960$15,446$10,119$6,488$4,090$2,152
36 years$22,076$14,660$9,466$5,975$3,705$1,906
37 years$21,243$13,924$8,860$5,505$3,358$1,689
38 years$20,455$13,233$8,297$5,074$3,045$1,497
39 years$19,710$12,583$7,774$4,679$2,761$1,326
40 years$19,003$11,972$7,286$4,315$2,504$1,176
41 years$18,333$11,396$6,832$3,981$2,272$1,042
42 years$17,697$10,853$6,409$3,674$2,062$924
43 years$17,091$10,341$6,014$3,392$1,871$819
44 years$16,515$9,857$5,645$3,132$1,698$726
45 years$15,966$9,400$5,301$2,892$1,542$644
46 years$15,442$8,967$4,978$2,672$1,400$571
47 years$14,943$8,557$4,677$2,468$1,271$507
48 years$14,465$8,169$4,395$2,281$1,154$449
49 years$14,008$7,801$4,131$2,108$1,048$399
50 years$13,571$7,452$3,884$1,948$952$354

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $13,900,000, adding $3,281 every year, while hoping to spend $50,599 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: 63/19/18 Blend
74$13,900,000$13,900,000$13,900,000$13,900,000
75$15,321,184$14,584,484$14,369,034$16,216,521
76$16,830,108$15,245,287$14,796,560$17,479,899
77$18,491,246$15,936,773$15,236,712$18,852,997
78$20,320,071$16,660,393$15,689,860$20,351,340
79$22,333,632$17,417,666$16,156,384$21,987,138
80$24,550,715$18,210,184$16,636,675$23,773,823
81$26,992,020$19,039,615$17,131,136$25,726,175
82$29,680,359$19,907,709$17,640,181$27,860,456
83$32,640,865$20,816,296$18,164,236$30,194,560
84$35,901,235$21,767,297$18,703,741$32,748,181
85$39,491,990$22,762,723$19,259,145$35,542,991
86$43,446,760$23,804,684$19,830,913$38,602,848
87$47,802,604$24,895,388$20,419,523$41,954,007
88$52,600,359$26,037,151$21,025,467$45,625,375
89$57,885,024$27,232,400$21,649,249$49,648,770
90$63,706,188$28,483,678$22,291,389$54,059,222
91$70,118,491$29,793,651$22,952,423$58,895,300
92$77,182,150$31,165,112$23,632,902$64,199,466
93$84,963,516$32,600,990$24,333,391$70,018,475
94$93,535,708$34,104,352$25,054,473$76,403,812
95$102,979,301$35,678,415$25,796,748$83,412,168
96$113,383,082$37,326,550$26,560,832$91,105,973
97$124,844,896$39,052,291$27,347,359$99,553,978
98$137,472,562$40,859,340$28,156,983$108,831,898
99$151,384,895$42,751,579$28,990,373$119,023,119
100$166,712,825$44,733,077$29,848,221$130,219,481