Can I retire at age 75 with 16,200,000?

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 $16,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,337,781$1,325,865$1,314,239$1,302,891$1,291,811$1,246,472
2 years$662,268$649,934$637,980$626,390$615,148$569,946
3 years$437,126$424,739$412,815$401,334$390,275$346,630
4 years$324,577$312,228$300,424$289,139$278,348$236,593
5 years$257,066$244,791$233,141$222,086$211,595$171,842
6 years$212,073$199,890$188,413$177,604$167,428$129,705
7 years$179,948$167,867$156,572$146,018$136,164$100,464
8 years$155,865$143,893$132,785$122,491$112,961$79,256
9 years$137,143$125,285$114,368$104,335$95,130$63,375
10 years$122,175$110,433$99,709$89,938$81,055$51,198
11 years$109,936$98,312$87,782$78,273$69,710$41,690
12 years$99,744$88,239$77,904$68,656$60,409$34,159
13 years$91,127$79,742$69,602$60,613$52,678$28,128
14 years$83,748$72,484$62,538$53,805$46,177$23,255
15 years$77,358$66,215$56,463$47,985$40,658$19,288
16 years$71,772$60,751$51,192$42,965$35,934$16,040
17 years$66,849$55,950$46,583$38,604$31,861$13,368
18 years$62,477$51,700$42,524$34,790$28,330$11,162
19 years$58,570$47,915$38,929$31,436$25,251$9,333
20 years$55,059$44,525$35,727$28,471$22,555$7,813
21 years$51,886$41,473$32,862$25,839$20,184$6,548
22 years$49,005$38,714$30,287$23,494$18,092$5,492
23 years$46,378$36,208$27,965$21,396$16,240$4,610
24 years$43,974$33,925$25,863$19,515$14,597$3,871
25 years$41,766$31,837$23,954$17,822$13,135$3,253
26 years$39,731$29,921$22,216$16,295$11,832$2,734
27 years$37,850$28,159$20,630$14,916$10,667$2,299
28 years$36,106$26,534$19,178$13,666$9,625$1,934
29 years$34,486$25,032$17,847$12,532$8,691$1,627
30 years$32,976$23,640$16,624$11,501$7,853$1,369
31 years$31,567$22,348$15,498$10,563$7,100$1,153
32 years$30,248$21,146$14,460$9,708$6,423$970
33 years$29,012$20,025$13,501$8,927$5,812$817
34 years$27,851$18,979$12,615$8,214$5,262$688
35 years$26,759$18,002$11,794$7,561$4,766$579
36 years$25,729$17,086$11,033$6,964$4,319$488
37 years$24,758$16,228$10,327$6,416$3,914$411
38 years$23,840$15,422$9,670$5,914$3,549$346
39 years$22,971$14,665$9,060$5,453$3,218$291
40 years$22,148$13,953$8,492$5,029$2,919$245
41 years$21,367$13,282$7,963$4,640$2,648$207
42 years$20,625$12,649$7,469$4,282$2,403$174
43 years$19,919$12,052$7,009$3,953$2,181$147
44 years$19,248$11,488$6,579$3,650$1,979$124
45 years$18,608$10,955$6,178$3,371$1,797$104
46 years$17,998$10,451$5,802$3,114$1,631$88
47 years$17,415$9,973$5,451$2,877$1,481$74
48 years$16,858$9,521$5,122$2,658$1,345$62
49 years$16,326$9,092$4,815$2,457$1,222$52
50 years$15,817$8,685$4,527$2,271$1,110$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $16,200,000, adding $4,734 every year, while hoping to spend $26,414 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: 62/12/26 Blend
74$16,200,000$16,200,000$16,200,000$16,200,000
75$17,857,283$16,998,683$16,747,583$18,840,467
76$19,650,622$17,803,514$17,280,523$20,312,834
77$21,625,996$18,646,897$17,830,431$21,916,488
78$23,801,944$19,530,692$18,397,847$23,666,977
79$26,198,898$20,456,851$18,983,331$25,578,655
80$28,839,369$21,427,421$19,587,456$27,667,316
81$31,748,166$22,444,546$20,210,817$29,950,340
82$34,952,627$23,510,476$20,854,027$32,446,852
83$38,482,876$24,627,571$21,517,719$35,177,903
84$42,372,111$25,798,303$22,202,544$38,166,661
85$46,656,913$27,025,267$22,909,176$41,438,626
86$51,377,595$28,311,182$23,638,310$45,021,873
87$56,578,579$29,658,899$24,390,662$48,947,302
88$62,308,818$31,071,409$25,166,974$53,248,937
89$68,622,258$32,551,848$25,968,007$57,964,235
90$75,578,343$34,103,503$26,794,550$63,134,436
91$83,242,582$35,729,823$27,647,415$68,804,952
92$91,687,163$37,434,423$28,527,442$75,025,784
93$100,991,639$39,221,094$29,435,496$81,851,996
94$111,243,670$41,093,812$30,372,470$89,344,223
95$122,539,862$43,056,746$31,339,285$97,569,241
96$134,986,669$45,114,268$32,336,892$106,600,589
97$148,701,405$47,270,963$33,366,273$116,519,263
98$163,813,345$49,531,637$34,428,441$127,414,466
99$180,464,952$51,901,333$35,524,439$139,384,450
100$198,813,217$54,385,338$36,655,347$152,537,431