Can I retire at age 75 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,404,275
2 years$744,029$730,172$716,743$703,722$691,092$644,163
3 years$491,092$477,176$463,780$450,882$438,457$393,090
4 years$364,649$350,775$337,513$324,835$312,711$269,254
5 years$288,802$275,012$261,924$249,504$237,718$196,286
6 years$238,255$224,568$211,674$199,531$188,098$148,727
7 years$202,163$188,592$175,902$164,045$152,974$115,659
8 years$175,107$161,658$149,179$137,613$126,907$91,621
9 years$154,074$140,752$128,487$117,216$106,874$73,577
10 years$137,258$124,066$112,018$101,041$91,062$59,702
11 years$123,508$110,449$98,619$87,936$78,316$48,836
12 years$112,059$99,133$87,522$77,132$67,867$40,201
13 years$102,378$89,587$78,195$68,096$59,182$33,262
14 years$94,087$81,432$70,259$60,448$51,878$27,633
15 years$86,908$74,390$63,434$53,909$45,678$23,034
16 years$80,633$68,251$57,512$48,270$40,370$19,253
17 years$75,102$62,857$52,334$43,370$35,795$16,128
18 years$70,190$58,083$47,774$39,085$31,827$13,536
19 years$65,801$53,830$43,735$35,317$28,368$11,379
20 years$61,856$50,022$40,138$31,986$25,339$9,577
21 years$58,291$46,593$36,919$29,029$22,676$8,070
22 years$55,055$43,493$34,027$26,394$20,325$6,805
23 years$52,104$40,678$31,417$24,038$18,245$5,744
24 years$49,403$38,113$29,056$21,924$16,399$4,851
25 years$46,922$35,767$26,912$20,022$14,757$4,099
26 years$44,636$33,615$24,959$18,307$13,292$3,465
27 years$42,523$31,636$23,177$16,757$11,984$2,930
28 years$40,564$29,810$21,546$15,353$10,814$2,479
29 years$38,743$28,123$20,050$14,079$9,764$2,098
30 years$37,047$26,559$18,676$12,921$8,823$1,775
31 years$35,464$25,107$17,411$11,867$7,977$1,503
32 years$33,982$23,756$16,245$10,906$7,215$1,273
33 years$32,594$22,498$15,168$10,029$6,530$1,078
34 years$31,289$21,323$14,172$9,228$5,912$913
35 years$30,062$20,224$13,250$8,494$5,355$773
36 years$28,906$19,196$12,395$7,823$4,852$655
37 years$27,815$18,231$11,601$7,208$4,397$555
38 years$26,783$17,326$10,864$6,644$3,987$470
39 years$25,807$16,476$10,179$6,126$3,615$398
40 years$24,882$15,675$9,540$5,650$3,279$337
41 years$24,005$14,921$8,946$5,213$2,975$286
42 years$23,171$14,211$8,392$4,811$2,699$242
43 years$22,379$13,540$7,874$4,441$2,450$205
44 years$21,624$12,906$7,391$4,101$2,224$174
45 years$20,905$12,307$6,940$3,787$2,019$147
46 years$20,220$11,741$6,518$3,498$1,833$125
47 years$19,565$11,204$6,124$3,232$1,664$106
48 years$18,940$10,696$5,755$2,986$1,511$90
49 years$18,342$10,214$5,409$2,760$1,373$76
50 years$17,770$9,757$5,085$2,551$1,247$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,200,000, adding $4,724 every year, while hoping to spend $25,103 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: 70/24/6 Blend
74$18,200,000$18,200,000$18,200,000$18,200,000
75$20,061,273$19,096,673$18,814,573$21,449,321
76$22,080,813$20,005,700$19,418,152$23,276,169
77$24,305,505$20,958,429$20,041,109$25,270,857
78$26,756,248$21,956,973$20,684,067$27,452,697
79$29,456,072$23,003,551$21,347,670$29,840,054
80$32,430,354$24,100,488$22,032,580$32,453,130
81$35,707,061$25,250,222$22,739,482$35,314,154
82$39,317,009$26,455,311$23,469,082$38,447,588
83$43,294,158$27,718,436$24,222,111$41,880,346
84$47,675,931$29,042,408$24,999,321$45,642,053
85$52,503,567$30,430,177$25,801,489$49,765,311
86$57,822,510$31,884,835$26,629,417$54,286,002
87$63,682,837$33,409,623$27,483,934$59,243,626
88$70,139,734$35,007,942$28,365,894$64,681,660
89$77,254,014$36,683,359$29,276,178$70,647,969
90$85,092,692$38,439,611$30,215,699$77,195,246
91$93,729,616$40,280,622$31,185,394$84,381,504
92$103,246,166$42,210,502$32,186,234$92,270,613
93$113,732,023$44,233,564$33,219,220$100,932,903
94$125,286,011$46,354,331$34,285,387$110,445,808
95$138,017,036$48,577,545$35,385,799$120,894,599
96$152,045,109$50,908,180$36,521,558$132,373,172
97$167,502,481$53,351,451$37,693,801$144,984,931
98$184,534,891$55,912,829$38,903,701$158,843,748
99$203,302,943$58,598,051$40,152,467$174,075,032
100$223,983,618$61,413,131$41,441,350$190,816,900