Can I retire at age 75 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,348,646
2 years$715,413$702,089$689,176$676,656$664,512$617,795
3 years$472,204$458,823$445,942$433,540$421,594$376,455
4 years$350,624$337,283$324,532$312,341$300,684$257,469
5 years$277,695$264,434$251,850$239,908$228,575$187,399
6 years$229,091$215,930$203,532$191,856$180,864$141,759
7 years$194,388$181,338$169,136$157,736$147,091$110,052
8 years$168,372$155,440$143,441$132,321$122,026$87,025
9 years$148,149$135,339$123,546$112,708$102,763$69,758
10 years$131,979$119,294$107,710$97,155$87,560$56,497
11 years$118,758$106,201$94,826$84,554$75,304$46,124
12 years$107,749$95,320$84,156$74,165$65,257$37,893
13 years$98,440$86,142$75,188$65,477$56,905$31,289
14 years$90,468$78,300$67,556$58,123$49,883$25,940
15 years$83,566$71,529$60,994$51,836$43,921$21,576
16 years$77,532$65,626$55,300$46,413$38,817$17,995
17 years$72,213$60,439$50,321$41,702$34,418$15,042
18 years$67,491$55,849$45,937$37,582$30,603$12,596
19 years$63,271$51,760$42,053$33,958$27,277$10,564
20 years$59,477$48,098$38,594$30,756$24,364$8,871
21 years$56,049$44,801$35,499$27,913$21,803$7,458
22 years$52,937$41,820$32,718$25,379$19,544$6,275
23 years$50,100$39,114$30,209$23,113$17,544$5,283
24 years$47,503$36,647$27,938$21,081$15,769$4,451
25 years$45,118$34,391$25,877$19,252$14,189$3,752
26 years$42,919$32,322$23,999$17,603$12,781$3,164
27 years$40,887$30,419$22,285$16,113$11,523$2,670
28 years$39,004$28,664$20,717$14,763$10,398$2,253
29 years$37,253$27,041$19,279$13,538$9,389$1,902
30 years$35,622$25,537$17,958$12,424$8,483$1,606
31 years$34,100$24,141$16,741$11,411$7,670$1,356
32 years$32,675$22,843$15,620$10,487$6,938$1,145
33 years$31,340$21,632$14,585$9,643$6,279$967
34 years$30,086$20,502$13,627$8,873$5,685$817
35 years$28,906$19,446$12,740$8,168$5,149$690
36 years$27,794$18,457$11,918$7,522$4,665$583
37 years$26,745$17,530$11,155$6,931$4,228$493
38 years$25,753$16,660$10,446$6,388$3,833$417
39 years$24,815$15,842$9,787$5,890$3,476$352
40 years$23,925$15,072$9,173$5,433$3,153$297
41 years$23,082$14,347$8,602$5,013$2,860$251
42 years$22,280$13,664$8,069$4,626$2,596$213
43 years$21,518$13,019$7,571$4,270$2,356$180
44 years$20,792$12,410$7,107$3,943$2,138$152
45 years$20,101$11,834$6,673$3,641$1,941$128
46 years$19,442$11,289$6,268$3,364$1,762$108
47 years$18,813$10,773$5,888$3,108$1,600$92
48 years$18,211$10,285$5,534$2,872$1,453$77
49 years$17,636$9,821$5,201$2,654$1,320$65
50 years$17,086$9,382$4,890$2,453$1,199$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $17,500,000, adding $4,737 every year, while hoping to spend $29,719 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: 37/34/29 Blend
74$17,500,000$17,500,000$17,500,000$17,500,000
75$19,289,886$18,362,386$18,091,136$19,836,258
76$21,225,834$19,230,522$18,665,568$21,109,758
77$23,358,252$20,140,201$19,258,248$22,481,375
78$25,707,149$21,093,427$19,869,755$23,962,435
79$28,294,575$22,092,301$20,500,688$25,562,859
80$31,144,824$23,139,026$21,151,664$27,293,522
81$34,284,671$24,235,913$21,823,320$29,166,356
82$37,743,620$25,385,385$22,516,313$31,194,454
83$41,554,181$26,589,981$23,231,322$33,392,179
84$45,752,182$27,852,365$23,969,046$35,775,300
85$50,377,103$29,175,329$24,730,207$38,361,127
86$55,472,449$30,561,802$25,515,550$41,168,666
87$61,086,162$32,014,853$26,325,844$44,218,791
88$67,271,072$33,537,703$27,161,882$47,534,429
89$74,085,399$35,133,727$28,024,482$51,140,767
90$81,593,296$36,806,466$28,914,488$55,065,480
91$89,865,461$38,559,632$29,832,772$59,338,979
92$98,979,800$40,397,116$30,780,233$63,994,687
93$109,022,166$42,323,001$31,757,797$69,069,343
94$120,087,166$44,341,568$32,766,422$74,603,336
95$132,279,055$46,457,303$33,807,096$80,641,072
96$145,712,722$48,674,913$34,880,836$87,231,379
97$160,514,770$50,999,335$35,988,695$94,427,955
98$176,824,717$53,435,742$37,131,756$102,289,857
99$194,796,307$55,989,563$38,311,140$110,882,044
100$214,598,967$58,666,488$39,528,000$120,275,975