Can I retire at age 75 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,138,972
2 years$592,771$581,731$571,031$560,658$550,595$533,226
3 years$391,255$380,167$369,495$359,219$349,320$332,401
4 years$290,517$279,463$268,898$258,797$249,138$232,800
5 years$230,090$219,103$208,676$198,781$189,391$173,680
6 years$189,818$178,914$168,641$158,967$149,859$134,794
7 years$161,064$150,252$140,141$130,695$121,875$107,461
8 years$139,508$128,793$118,851$109,637$101,107$87,342
9 years$122,752$112,138$102,366$93,386$85,147$72,024
10 years$109,354$98,844$89,245$80,500$72,549$60,058
11 years$98,400$87,995$78,570$70,059$62,395$50,523
12 years$89,277$78,980$69,729$61,451$54,070$42,803
13 years$81,565$71,374$62,298$54,252$47,150$36,472
14 years$74,959$64,877$55,975$48,159$41,332$31,226
15 years$69,240$59,267$50,538$42,949$36,392$26,840
16 years$64,240$54,376$45,820$38,457$32,163$23,146
17 years$59,834$50,078$41,695$34,553$28,518$20,017
18 years$55,921$46,275$38,062$31,139$25,357$17,352
19 years$52,424$42,887$34,844$28,137$22,601$15,073
20 years$49,281$39,852$31,978$25,483$20,188$13,115
21 years$46,441$37,121$29,413$23,128$18,066$11,429
22 years$43,862$34,651$27,109$21,028$16,193$9,973
23 years$41,511$32,408$25,030$19,151$14,536$8,712
24 years$39,360$30,365$23,149$17,467$13,065$7,618
25 years$37,383$28,496$21,441$15,952$11,757$6,666
26 years$35,562$26,781$19,885$14,585$10,590$5,838
27 years$33,878$25,204$18,465$13,350$9,548$5,116
28 years$32,317$23,750$17,166$12,232$8,615$4,486
29 years$30,867$22,405$15,974$11,217$7,779$3,935
30 years$29,516$21,160$14,879$10,294$7,029$3,454
31 years$28,254$20,003$13,871$9,454$6,355$3,032
32 years$27,074$18,927$12,942$8,689$5,749$2,663
33 years$25,967$17,924$12,084$7,990$5,202$2,339
34 years$24,928$16,988$11,291$7,352$4,710$2,055
35 years$23,951$16,113$10,556$6,768$4,266$1,807
36 years$23,029$15,293$9,875$6,233$3,865$1,588
37 years$22,160$14,525$9,243$5,743$3,503$1,396
38 years$21,338$13,804$8,656$5,293$3,176$1,228
39 years$20,561$13,126$8,109$4,881$2,880$1,080
40 years$19,824$12,489$7,601$4,502$2,612$950
41 years$19,125$11,888$7,127$4,153$2,370$835
42 years$18,461$11,322$6,686$3,833$2,151$735
43 years$17,829$10,787$6,273$3,538$1,952$647
44 years$17,228$10,282$5,889$3,267$1,772$569
45 years$16,655$9,805$5,529$3,017$1,608$501
46 years$16,109$9,354$5,193$2,787$1,460$440
47 years$15,588$8,926$4,879$2,575$1,326$388
48 years$15,089$8,521$4,585$2,379$1,204$341
49 years$14,613$8,138$4,310$2,199$1,094$300
50 years$14,157$7,773$4,052$2,032$993$264

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $14,500,000, adding $5,636 every year, while hoping to spend $36,519 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: 34/39/27 Blend
74$14,500,000$14,500,000$14,500,000$14,500,000
75$15,984,814$15,216,314$14,991,564$16,397,292
76$17,576,409$15,923,057$15,454,925$17,414,872
77$19,329,122$16,663,207$15,932,585$18,507,747
78$21,259,350$17,438,362$16,424,984$19,685,569
79$23,385,159$18,250,197$16,932,577$20,955,920
80$25,726,458$19,100,468$17,455,830$22,327,108
81$28,305,183$19,991,018$17,995,227$23,808,240
82$31,145,509$20,923,775$18,551,264$25,409,303
83$34,274,073$21,900,762$19,124,454$27,141,247
84$37,720,231$22,924,102$19,715,325$29,016,087
85$41,516,328$23,996,016$20,324,422$31,047,004
86$45,698,009$25,118,836$20,952,306$33,248,462
87$50,304,552$26,295,006$21,599,554$35,636,341
88$55,379,241$27,527,086$22,266,764$38,228,072
89$60,969,773$28,817,762$22,954,550$41,042,795
90$67,128,707$30,169,849$23,663,544$44,101,534
91$73,913,962$31,586,300$24,394,401$47,427,378
92$81,389,365$33,070,207$25,147,792$51,045,696
93$89,625,249$34,624,816$25,924,411$54,984,361
94$98,699,119$36,253,527$26,724,974$59,274,003
95$108,696,385$37,959,905$27,550,216$63,948,290
96$119,711,166$39,747,690$28,400,898$69,044,225
97$131,847,178$41,620,800$29,277,801$74,602,493
98$145,218,716$43,583,345$30,181,733$80,667,823
99$159,951,729$45,639,633$31,113,526$87,289,401
100$176,185,012$47,794,182$32,074,035$94,521,317