Can I retire at age 75 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,229,956
2 years$645,915$633,886$622,227$610,924$599,959$569,952
3 years$426,333$414,251$402,622$391,425$380,639$351,520
4 years$316,563$304,519$293,006$281,999$271,475$243,469
5 years$250,719$238,746$227,385$216,603$206,371$179,556
6 years$206,836$194,954$183,761$173,219$163,294$137,698
7 years$175,504$163,722$152,706$142,413$132,802$108,427
8 years$152,016$140,340$129,507$119,467$110,172$87,010
9 years$133,757$122,191$111,544$101,759$92,781$70,812
10 years$119,158$107,706$97,247$87,717$79,054$58,254
11 years$107,222$95,884$85,614$76,340$67,989$48,329
12 years$97,282$86,060$75,981$66,961$58,918$40,365
13 years$88,877$77,773$67,884$59,116$51,377$33,897
14 years$81,680$70,694$60,994$52,477$45,037$28,592
15 years$75,448$64,580$55,069$46,800$39,654$24,205
16 years$70,000$59,251$49,928$41,904$35,047$20,553
17 years$65,198$54,568$45,433$37,651$31,075$17,496
18 years$60,935$50,423$41,474$33,931$27,630$14,926
19 years$57,124$46,732$37,968$30,659$24,627$12,755
20 years$53,699$43,425$34,845$27,768$21,998$10,917
21 years$50,604$40,449$32,051$25,201$19,685$9,356
22 years$47,795$37,758$29,540$22,914$17,645$8,027
23 years$45,233$35,314$27,275$20,868$15,839$6,893
24 years$42,889$33,087$25,224$19,033$14,237$5,924
25 years$40,735$31,051$23,363$17,382$12,811$5,094
26 years$38,750$29,182$21,668$15,893$11,540$4,383
27 years$36,915$27,464$20,120$14,547$10,404$3,774
28 years$35,215$25,879$18,705$13,328$9,388$3,250
29 years$33,634$24,414$17,406$12,222$8,477$2,800
30 years$32,162$23,057$16,213$11,217$7,659$2,414
31 years$30,787$21,796$15,115$10,302$6,925$2,081
32 years$29,501$20,624$14,103$9,468$6,264$1,794
33 years$28,295$19,531$13,168$8,707$5,669$1,547
34 years$27,163$18,511$12,303$8,011$5,133$1,335
35 years$26,098$17,557$11,503$7,374$4,649$1,152
36 years$25,094$16,664$10,760$6,792$4,212$994
37 years$24,147$15,827$10,072$6,258$3,817$858
38 years$23,251$15,042$9,432$5,768$3,461$740
39 years$22,404$14,303$8,836$5,318$3,138$639
40 years$21,601$13,608$8,282$4,905$2,847$551
41 years$20,839$12,954$7,766$4,526$2,583$476
42 years$20,116$12,337$7,285$4,177$2,343$411
43 years$19,428$11,754$6,836$3,856$2,127$355
44 years$18,773$11,204$6,417$3,560$1,930$306
45 years$18,149$10,684$6,025$3,288$1,753$264
46 years$17,553$10,192$5,659$3,037$1,591$228
47 years$16,985$9,727$5,316$2,806$1,445$197
48 years$16,442$9,285$4,996$2,593$1,312$170
49 years$15,923$8,867$4,696$2,396$1,192$147
50 years$15,426$8,470$4,415$2,215$1,082$127

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,800,000, adding $2,337 every year, while hoping to spend $44,901 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: 68/13/19 Blend
74$15,800,000$15,800,000$15,800,000$15,800,000
75$17,414,011$16,576,611$16,331,711$18,516,694
76$19,142,465$17,341,090$16,831,049$20,018,353
77$21,045,718$18,141,524$17,345,610$21,654,895
78$23,141,549$18,979,628$17,875,856$23,443,969
79$25,449,555$19,857,197$18,422,264$25,400,597
80$27,991,325$20,776,115$18,985,326$27,541,312
81$30,790,652$21,738,357$19,565,546$29,884,311
82$33,873,753$22,745,991$20,163,447$32,449,626
83$37,269,518$23,801,186$20,779,564$35,259,306
84$41,009,781$24,906,217$21,414,452$38,337,626
85$45,129,623$26,063,465$22,068,680$41,711,310
86$49,667,698$27,275,429$22,742,835$45,409,781
87$54,666,605$28,544,727$23,437,522$49,465,437
88$60,173,284$29,874,104$24,153,364$53,913,950
89$66,239,461$31,266,437$24,891,004$58,794,598
90$72,922,136$32,724,742$25,651,102$64,150,638
91$80,284,121$34,252,181$26,434,340$70,029,703
92$88,394,631$35,852,068$27,241,421$76,484,251
93$97,329,942$37,527,878$28,073,067$83,572,055
94$107,174,105$39,283,253$28,930,024$91,356,743
95$118,019,743$41,122,011$29,813,058$99,908,394
96$129,968,922$43,048,155$30,722,962$109,304,196
97$143,134,120$45,065,883$31,660,549$119,629,165
98$157,639,282$47,179,592$32,626,658$130,976,946
99$173,620,992$49,393,896$33,622,156$143,450,691
100$191,229,767$51,713,630$34,647,931$157,164,023