Can I retire at age 75 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,244,836
2 years$650,004$637,898$626,165$614,790$603,756$580,614
3 years$429,031$416,873$405,171$393,902$383,048$360,536
4 years$318,567$306,446$294,860$283,784$273,193$251,486
5 years$252,305$240,257$228,824$217,973$207,677$186,836
6 years$208,146$196,188$184,924$174,315$164,328$144,376
7 years$176,615$164,759$153,672$143,314$133,642$114,586
8 years$152,978$141,229$130,326$120,223$110,869$92,704
9 years$134,604$122,965$112,250$102,403$93,368$76,082
10 years$119,912$108,387$97,862$88,272$79,554$63,132
11 years$107,900$96,491$86,156$76,823$68,419$52,843
12 years$97,897$86,605$76,461$67,384$59,291$44,539
13 years$89,440$78,266$68,313$59,490$51,703$37,752
14 years$82,197$71,141$61,380$52,809$45,322$32,148
15 years$75,925$64,989$55,418$47,096$39,905$27,481
16 years$70,443$59,626$50,244$42,170$35,268$23,567
17 years$65,611$54,913$45,720$37,889$31,271$20,265
18 years$61,320$50,742$41,737$34,146$27,805$17,466
19 years$57,486$47,028$38,208$30,854$24,783$15,082
20 years$54,039$43,700$35,065$27,944$22,137$13,046
21 years$50,925$40,705$32,253$25,361$19,810$11,300
22 years$48,097$37,997$29,726$23,059$17,757$9,800
23 years$45,519$35,538$27,447$21,000$15,940$8,508
24 years$43,160$33,296$25,384$19,153$14,327$7,393
25 years$40,993$31,247$23,511$17,492$12,892$6,429
26 years$38,995$29,367$21,805$15,994$11,613$5,594
27 years$37,149$27,638$20,248$14,639$10,470$4,871
28 years$35,438$26,043$18,823$13,413$9,447$4,243
29 years$33,847$24,569$17,516$12,300$8,530$3,698
30 years$32,366$23,203$16,316$11,288$7,708$3,224
31 years$30,982$21,934$15,211$10,367$6,969$2,812
32 years$29,688$20,754$14,192$9,528$6,304$2,453
33 years$28,475$19,654$13,251$8,762$5,705$2,141
34 years$27,335$18,628$12,381$8,061$5,165$1,869
35 years$26,263$17,668$11,575$7,421$4,678$1,631
36 years$25,253$16,770$10,829$6,835$4,239$1,424
37 years$24,300$15,927$10,135$6,297$3,842$1,244
38 years$23,399$15,137$9,491$5,804$3,483$1,086
39 years$22,546$14,394$8,892$5,352$3,158$949
40 years$21,738$13,694$8,335$4,936$2,865$829
41 years$20,971$13,036$7,815$4,554$2,599$724
42 years$20,243$12,415$7,331$4,203$2,358$633
43 years$19,551$11,829$6,879$3,880$2,140$553
44 years$18,891$11,275$6,457$3,582$1,943$483
45 years$18,263$10,752$6,063$3,309$1,764$422
46 years$17,664$10,257$5,695$3,056$1,601$369
47 years$17,093$9,788$5,350$2,823$1,454$322
48 years$16,546$9,344$5,028$2,609$1,320$282
49 years$16,024$8,923$4,726$2,411$1,199$246
50 years$15,524$8,524$4,443$2,229$1,089$215

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $15,900,000, adding $6,333 every year, while hoping to spend $38,771 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: 57/25/18 Blend
74$15,900,000$15,900,000$15,900,000$15,900,000
75$17,528,332$16,685,632$16,439,182$18,443,736
76$19,274,970$17,461,976$16,948,643$19,842,892
77$21,198,466$18,275,062$17,473,871$21,362,155
78$23,316,818$19,126,648$18,015,354$23,016,940
79$25,649,858$20,018,579$18,573,594$24,820,280
80$28,219,443$20,952,789$19,149,109$26,786,508
81$31,049,655$21,931,304$19,742,432$28,931,381
82$34,167,031$22,956,249$20,354,115$31,272,228
83$37,600,814$24,029,851$20,984,723$33,828,108
84$41,383,228$25,154,445$21,634,843$36,619,984
85$45,549,783$26,332,478$22,305,076$39,670,914
86$50,139,609$27,566,518$22,996,044$43,006,266
87$55,195,825$28,859,253$23,708,387$46,653,950
88$60,765,947$30,213,505$24,442,767$50,644,676
89$66,902,337$31,632,230$25,199,862$55,012,235
90$73,662,694$33,118,527$25,980,376$59,793,814
91$81,110,601$34,675,647$26,785,031$65,030,340
92$89,316,125$36,306,997$27,614,572$70,766,858
93$98,356,479$38,016,149$28,469,769$77,052,946
94$108,316,747$39,806,848$29,351,414$83,943,180
95$119,290,691$41,683,019$30,260,323$91,497,637
96$131,381,636$43,648,781$31,197,337$99,782,456
97$144,703,440$45,708,449$32,163,326$108,870,450
98$159,381,576$47,866,548$33,159,182$118,841,785
99$175,554,312$50,127,824$34,185,829$129,784,730
100$193,374,014$52,497,250$35,244,217$141,796,475