Can I retire at age 75 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,177,378
2 years$617,299$605,802$594,660$583,857$573,379$546,601
3 years$407,445$395,899$384,785$374,083$363,775$337,772
4 years$302,538$291,027$280,025$269,506$259,447$234,420
5 years$239,611$228,169$217,311$207,006$197,228$173,246
6 years$197,673$186,317$175,619$165,545$156,060$133,149
7 years$167,729$156,469$145,940$136,103$126,918$105,083
8 years$145,281$134,123$123,769$114,174$105,291$84,522
9 years$127,831$116,778$106,602$97,251$88,670$68,953
10 years$113,879$102,934$92,938$83,831$75,551$56,866
11 years$102,471$91,636$81,821$72,958$64,977$47,298
12 years$92,972$82,248$72,614$63,994$56,307$39,607
13 years$84,940$74,328$64,876$56,497$49,101$33,349
14 years$78,061$67,562$58,292$50,152$43,042$28,207
15 years$72,105$61,719$52,629$44,727$37,897$23,945
16 years$66,899$56,626$47,716$40,048$33,494$20,390
17 years$62,310$52,150$43,420$35,983$29,698$17,408
18 years$58,235$48,189$39,637$32,428$26,406$14,894
19 years$54,593$44,661$36,286$29,301$23,536$12,767
20 years$51,320$41,502$33,301$26,538$21,023$10,960
21 years$48,362$38,657$30,631$24,085$18,813$9,421
22 years$45,677$36,085$28,231$21,899$16,863$8,108
23 years$43,229$33,750$26,066$19,943$15,138$6,984
24 years$40,988$31,621$24,107$18,190$13,606$6,021
25 years$38,930$29,675$22,328$16,612$12,243$5,195
26 years$37,033$27,890$20,708$15,189$11,028$4,484
27 years$35,280$26,247$19,229$13,903$9,943$3,873
28 years$33,655$24,733$17,876$12,738$8,972$3,347
29 years$32,144$23,333$16,635$11,681$8,101$2,893
30 years$30,737$22,035$15,495$10,720$7,320$2,502
31 years$29,423$20,830$14,445$9,846$6,618$2,164
32 years$28,194$19,710$13,478$9,048$5,986$1,872
33 years$27,042$18,666$12,584$8,321$5,418$1,620
34 years$25,960$17,691$11,758$7,656$4,905$1,402
35 years$24,942$16,779$10,993$7,048$4,443$1,214
36 years$23,982$15,926$10,284$6,491$4,025$1,051
37 years$23,077$15,126$9,625$5,980$3,648$910
38 years$22,221$14,375$9,014$5,512$3,308$788
39 years$21,411$13,669$8,445$5,083$2,999$682
40 years$20,644$13,005$7,915$4,688$2,721$591
41 years$19,916$12,380$7,422$4,325$2,468$512
42 years$19,225$11,790$6,962$3,992$2,240$443
43 years$18,567$11,234$6,533$3,685$2,033$384
44 years$17,941$10,708$6,132$3,402$1,845$333
45 years$17,345$10,211$5,758$3,142$1,675$288
46 years$16,776$9,741$5,408$2,902$1,521$250
47 years$16,233$9,296$5,081$2,681$1,381$216
48 years$15,714$8,874$4,775$2,478$1,254$188
49 years$15,218$8,474$4,488$2,290$1,139$162
50 years$14,743$8,095$4,219$2,117$1,035$141

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,100,000, adding $5,253 every year, while hoping to spend $53,288 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: 42/40/18 Blend
74$15,100,000$15,100,000$15,100,000$15,100,000
75$16,645,618$15,845,318$15,611,268$17,256,747
76$18,286,774$16,565,041$16,077,548$18,409,330
77$20,093,540$17,318,244$16,557,662$19,651,056
78$22,082,755$18,106,512$17,052,017$20,994,592
79$24,272,970$18,931,504$17,561,033$22,449,300
80$26,684,626$19,794,961$18,085,141$24,025,452
81$29,340,249$20,698,706$18,624,785$25,734,320
82$32,264,661$21,644,648$19,180,421$27,588,280
83$35,485,211$22,634,791$19,752,520$29,600,918
84$39,032,038$23,671,231$20,341,565$31,787,154
85$42,938,352$24,756,168$20,948,054$34,163,374
86$47,240,750$25,891,906$21,572,499$36,747,578
87$51,979,557$27,080,860$22,215,428$39,559,543
88$57,199,209$28,325,560$22,877,383$42,620,999
89$62,948,676$29,628,659$23,558,922$45,955,827
90$69,281,915$30,992,937$24,260,620$49,590,274
91$76,258,387$32,421,308$24,983,068$53,553,195
92$83,943,615$33,916,825$25,726,874$57,876,310
93$92,409,804$35,482,689$26,492,664$62,594,497
94$101,736,517$37,122,255$27,281,081$67,746,112
95$112,011,434$38,839,038$28,092,790$73,373,332
96$123,331,173$40,636,723$28,928,471$79,522,551
97$135,802,205$42,519,175$29,788,827$86,244,800
98$149,541,856$44,490,440$30,674,579$93,596,214
99$164,679,418$46,554,765$31,586,470$101,638,555
100$181,357,367$48,716,596$32,525,265$110,439,775