Can I retire at age 75 with 18,400,000?

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 $18,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,519,455$1,505,920$1,492,716$1,479,827$1,467,242$1,457,384
2 years$752,205$738,196$724,619$711,455$698,687$688,745
3 years$496,489$482,419$468,877$455,836$443,275$433,557
4 years$368,656$354,629$341,222$328,404$316,148$306,728
5 years$291,976$278,034$264,802$252,246$240,331$231,237
6 years$240,873$227,035$214,000$201,723$190,165$181,410
7 years$204,385$190,664$177,835$165,848$154,655$146,242
8 years$177,031$163,434$150,818$139,126$128,302$120,231
9 years$155,768$142,299$129,899$118,504$108,048$100,318
10 years$138,767$125,430$113,249$102,152$92,063$84,668
11 years$124,866$111,663$99,703$88,903$79,177$72,114
12 years$113,290$100,222$88,484$77,980$68,613$61,875
13 years$103,503$90,572$79,054$68,844$59,832$53,411
14 years$95,121$82,327$71,031$61,112$52,448$46,338
15 years$87,863$75,207$64,131$54,501$46,180$40,371
16 years$81,519$69,001$58,144$48,800$40,814$35,299
17 years$75,927$63,548$52,909$43,846$36,188$30,958
18 years$70,962$58,721$48,299$39,514$32,177$27,222
19 years$66,524$54,422$44,216$35,705$28,680$23,991
20 years$62,536$50,571$40,579$32,337$25,617$21,185
21 years$58,932$47,105$37,325$29,348$22,925$18,739
22 years$55,660$43,971$34,400$26,684$20,549$16,600
23 years$52,677$41,125$31,763$24,302$18,446$14,724
24 years$49,946$38,532$29,375$22,165$16,580$13,075
25 years$47,438$36,160$27,207$20,242$14,919$11,623
26 years$45,127$33,985$25,233$18,508$13,439$10,341
27 years$42,990$31,984$23,431$16,941$12,116$9,207
28 years$41,010$30,138$21,783$15,522$10,932$8,204
29 years$39,169$28,432$20,270$14,234$9,872$7,314
30 years$37,454$26,851$18,881$13,063$8,920$6,525
31 years$35,854$25,383$17,602$11,997$8,064$5,823
32 years$34,356$24,017$16,423$11,026$7,295$5,199
33 years$32,952$22,745$15,335$10,139$6,602$4,644
34 years$31,633$21,557$14,328$9,329$5,977$4,149
35 years$30,392$20,446$13,395$8,588$5,414$3,709
36 years$29,223$19,407$12,531$7,909$4,905$3,316
37 years$28,120$18,432$11,729$7,287$4,446$2,965
38 years$27,078$17,517$10,984$6,717$4,030$2,652
39 years$26,091$16,657$10,290$6,193$3,655$2,372
40 years$25,156$15,848$9,645$5,712$3,315$2,123
41 years$24,269$15,085$9,044$5,270$3,008$1,900
42 years$23,426$14,367$8,484$4,864$2,729$1,700
43 years$22,625$13,689$7,961$4,490$2,477$1,522
44 years$21,862$13,048$7,473$4,146$2,248$1,362
45 years$21,135$12,443$7,017$3,829$2,041$1,220
46 years$20,442$11,870$6,590$3,537$1,853$1,092
47 years$19,780$11,327$6,191$3,267$1,683$978
48 years$19,148$10,813$5,818$3,019$1,528$876
49 years$18,543$10,326$5,469$2,790$1,388$784
50 years$17,965$9,864$5,141$2,579$1,261$702

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $18,400,000, adding $6,080 every year, while hoping to spend $45,917 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: 59/32/9 Blend
74$18,400,000$18,400,000$18,400,000$18,400,000
75$20,283,072$19,307,872$19,022,672$21,437,813
76$22,303,089$20,205,102$19,611,076$23,111,449
77$24,527,610$21,144,758$20,217,652$24,929,754
78$26,977,445$22,128,869$20,842,962$26,911,222
79$29,675,525$23,159,565$21,487,582$29,071,532
80$32,647,121$24,239,075$22,152,108$31,427,918
81$35,920,077$25,369,739$22,837,153$33,999,327
82$39,525,077$26,554,009$23,543,351$36,806,591
83$43,495,934$27,794,455$24,271,352$39,872,616
84$47,869,906$29,093,770$25,021,829$43,222,596
85$52,688,051$30,454,779$25,795,475$46,884,237
86$57,995,612$31,880,443$26,593,003$50,888,017
87$63,842,446$33,373,866$27,415,150$55,267,461
88$70,283,492$34,938,303$28,262,675$60,059,454
89$77,379,292$36,577,164$29,136,358$65,304,576
90$85,196,561$38,294,025$30,037,007$71,047,480
91$93,808,816$40,092,638$30,965,452$77,337,300
92$103,297,070$41,976,932$31,922,550$84,228,110
93$113,750,598$43,951,029$32,909,182$91,779,421
94$125,267,778$46,019,249$33,926,259$100,056,731
95$137,957,022$48,186,122$34,974,719$109,132,134
96$151,937,794$50,456,398$36,055,528$119,084,989
97$167,341,743$52,835,056$37,169,682$130,002,655
98$184,313,943$55,327,316$38,318,209$141,981,305
99$203,014,264$57,938,652$39,502,167$155,126,819
100$223,618,876$60,674,803$40,722,647$169,555,767