Can I retire at age 75 with 20,000,000?

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 $20,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,651,581$1,636,870$1,622,517$1,608,508$1,594,828$1,570,995
2 years$817,615$802,387$787,630$773,321$759,442$735,485
3 years$539,662$524,369$509,648$495,474$481,821$458,484
4 years$400,713$385,467$370,894$356,961$343,639$321,103
5 years$317,365$302,211$287,829$274,180$261,229$239,558
6 years$261,818$246,778$232,608$219,264$206,701$185,922
7 years$222,157$207,243$193,299$180,269$168,104$148,222
8 years$192,425$177,646$163,933$151,223$139,458$120,472
9 years$169,313$154,673$141,195$128,809$117,444$99,343
10 years$150,833$136,336$123,097$111,034$100,068$82,839
11 years$135,724$121,372$108,373$96,633$86,062$69,687
12 years$123,141$108,937$96,178$84,760$74,579$59,039
13 years$112,503$98,447$85,929$74,831$65,035$50,306
14 years$103,392$89,486$77,207$66,426$57,009$43,070
15 years$95,503$81,747$69,708$59,241$50,195$37,020
16 years$88,608$75,001$63,201$53,044$44,363$31,926
17 years$82,529$69,073$57,510$47,659$39,335$27,610
18 years$77,132$63,827$52,499$42,951$34,975$23,934
19 years$72,309$59,154$48,060$38,809$31,174$20,790
20 years$67,974$54,969$44,107$35,149$27,845$18,090
21 years$64,056$51,201$40,570$31,900$24,918$15,765
22 years$60,500$47,795$37,392$29,005$22,336$13,756
23 years$57,257$44,701$34,525$26,415$20,050$12,016
24 years$54,289$41,882$31,930$24,092$18,021$10,507
25 years$51,563$39,304$29,573$22,002$16,216$9,195
26 years$49,051$36,940$27,428$20,118$14,607$8,053
27 years$46,728$34,765$25,469$18,414$13,170$7,057
28 years$44,576$32,759$23,677$16,871$11,883$6,188
29 years$42,575$30,904$22,033$15,471$10,730$5,428
30 years$40,711$29,186$20,523$14,199$9,695$4,764
31 years$38,971$27,590$19,133$13,041$8,766$4,182
32 years$37,343$26,106$17,851$11,985$7,929$3,673
33 years$35,817$24,723$16,668$11,021$7,176$3,227
34 years$34,384$23,431$15,574$10,140$6,497$2,835
35 years$33,035$22,224$14,560$9,335$5,884$2,492
36 years$31,765$21,094$13,621$8,597$5,332$2,190
37 years$30,565$20,035$12,749$7,921$4,832$1,926
38 years$29,432$19,040$11,939$7,301$4,381$1,693
39 years$28,360$18,105$11,185$6,732$3,973$1,489
40 years$27,343$17,226$10,484$6,209$3,603$1,310
41 years$26,379$16,397$9,831$5,729$3,269$1,152
42 years$25,463$15,616$9,221$5,287$2,966$1,014
43 years$24,592$14,879$8,653$4,880$2,692$892
44 years$23,763$14,183$8,122$4,506$2,444$785
45 years$22,973$13,525$7,627$4,162$2,218$690
46 years$22,219$12,902$7,163$3,844$2,014$607
47 years$21,500$12,312$6,730$3,552$1,829$535
48 years$20,813$11,754$6,324$3,282$1,661$470
49 years$20,156$11,224$5,944$3,033$1,509$414
50 years$19,527$10,722$5,588$2,803$1,370$364

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $20,000,000, adding $2,385 every year, while hoping to spend $51,679 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: 66/27/7 Blend
74$20,000,000$20,000,000$20,000,000$20,000,000
75$22,042,460$20,982,460$20,672,460$23,470,129
76$24,235,805$21,955,615$21,310,001$25,391,905
77$26,651,139$22,974,722$21,967,168$27,484,953
78$29,311,050$24,041,978$22,644,564$29,770,993
79$32,240,430$25,159,688$23,342,809$32,268,826
80$35,466,705$26,330,264$24,062,545$34,999,129
81$39,020,100$27,556,237$24,804,430$37,984,651
82$42,933,918$28,840,261$25,569,147$41,250,414
83$47,244,859$30,185,115$26,357,395$44,823,950
84$51,993,364$31,593,715$27,169,897$48,735,550
85$57,223,997$33,069,117$28,007,399$53,018,545
86$62,985,865$34,614,524$28,870,667$57,709,615
87$69,333,082$36,233,294$29,760,492$62,849,127
88$76,325,278$37,928,948$30,677,691$68,481,508
89$84,028,165$39,705,175$31,623,102$74,655,657
90$92,514,155$41,565,845$32,597,593$81,425,399
91$101,863,042$43,515,015$33,602,055$88,849,984
92$112,162,757$45,556,935$34,637,409$96,994,637
93$123,510,198$47,696,065$35,704,602$105,931,166
94$136,012,144$49,937,078$36,804,612$115,738,627
95$149,786,261$52,284,873$37,938,445$126,504,062
96$164,962,216$54,744,588$39,107,139$138,323,310
97$181,682,897$57,321,608$40,311,764$151,301,901
98$200,105,766$60,021,580$41,553,421$165,556,038
99$220,404,341$62,850,424$42,833,247$181,213,684
100$242,769,836$65,814,347$44,152,413$198,415,756