Can I retire at age 75 with 9,200,000?

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 $9,200,000?

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$759,727$752,960$746,358$739,913$733,621$707,873
2 years$376,103$369,098$362,310$355,728$349,343$323,673
3 years$248,244$241,210$234,438$227,918$221,638$196,852
4 years$184,328$177,315$170,611$164,202$158,074$134,362
5 years$145,988$139,017$132,401$126,123$120,165$97,589
6 years$120,436$113,518$107,000$100,862$95,083$73,660
7 years$102,192$95,332$88,917$82,924$77,328$57,054
8 years$88,516$81,717$75,409$69,563$64,151$45,009
9 years$77,884$71,149$64,950$59,252$54,024$35,991
10 years$69,383$62,715$56,625$51,076$46,031$29,075
11 years$62,433$55,831$49,851$44,451$39,588$23,676
12 years$56,645$50,111$44,242$38,990$34,307$19,399
13 years$51,751$45,286$39,527$34,422$29,916$15,974
14 years$47,560$41,164$35,515$30,556$26,224$13,207
15 years$43,932$37,604$32,066$27,251$23,090$10,954
16 years$40,759$34,501$29,072$24,400$20,407$9,109
17 years$37,963$31,774$26,455$21,923$18,094$7,592
18 years$35,481$29,360$24,150$19,757$16,088$6,339
19 years$33,262$27,211$22,108$17,852$14,340$5,300
20 years$31,268$25,286$20,289$16,169$12,809$4,437
21 years$29,466$23,553$18,662$14,674$11,462$3,718
22 years$27,830$21,986$17,200$13,342$10,274$3,119
23 years$26,338$20,563$15,881$12,151$9,223$2,618
24 years$24,973$19,266$14,688$11,082$8,290$2,199
25 years$23,719$18,080$13,604$10,121$7,460$1,847
26 years$22,563$16,992$12,617$9,254$6,719$1,553
27 years$21,495$15,992$11,716$8,471$6,058$1,306
28 years$20,505$15,069$10,891$7,761$5,466$1,098
29 years$19,585$14,216$10,135$7,117$4,936$924
30 years$18,727$13,425$9,441$6,532$4,460$778
31 years$17,927$12,691$8,801$5,999$4,032$655
32 years$17,178$12,009$8,212$5,513$3,647$551
33 years$16,476$11,372$7,667$5,070$3,301$464
34 years$15,817$10,778$7,164$4,664$2,989$391
35 years$15,196$10,223$6,698$4,294$2,707$329
36 years$14,612$9,703$6,266$3,955$2,453$277
37 years$14,060$9,216$5,864$3,644$2,223$233
38 years$13,539$8,758$5,492$3,358$2,015$196
39 years$13,045$8,328$5,145$3,097$1,827$165
40 years$12,578$7,924$4,823$2,856$1,658$139
41 years$12,134$7,543$4,522$2,635$1,504$117
42 years$11,713$7,183$4,242$2,432$1,365$99
43 years$11,312$6,844$3,980$2,245$1,238$83
44 years$10,931$6,524$3,736$2,073$1,124$70
45 years$10,568$6,221$3,508$1,914$1,020$59
46 years$10,221$5,935$3,295$1,768$927$50
47 years$9,890$5,664$3,096$1,634$841$42
48 years$9,574$5,407$2,909$1,510$764$35
49 years$9,272$5,163$2,734$1,395$694$30
50 years$8,982$4,932$2,571$1,290$630$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,200,000, adding $3,034 every year, while hoping to spend $25,520 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: 70/13/17 Blend
74$9,200,000$9,200,000$9,200,000$9,200,000
75$10,141,530$9,653,930$9,511,330$10,810,514
76$11,148,813$10,099,819$9,802,806$11,702,077
77$12,257,983$10,566,702$10,103,192$12,674,207
78$13,479,407$11,055,579$10,412,758$13,737,544
79$14,824,505$11,567,502$10,731,785$14,901,092
80$16,305,865$12,103,570$11,060,560$16,174,759
81$17,937,356$12,664,938$11,399,381$17,569,455
82$19,734,260$13,252,813$11,748,554$19,097,186
83$21,713,417$13,868,464$12,108,393$20,771,173
84$23,893,386$14,513,219$12,479,225$22,605,968
85$26,294,616$15,188,471$12,861,383$24,617,596
86$28,939,641$15,895,680$13,255,213$26,823,698
87$31,853,291$16,636,376$13,661,070$29,243,701
88$35,062,931$17,412,162$14,079,320$31,898,996
89$38,598,713$18,224,721$14,510,341$34,813,139
90$42,493,865$19,075,816$14,954,520$38,012,070
91$46,785,002$19,967,294$15,412,260$41,524,356
92$51,512,474$20,901,092$15,883,971$45,381,461
93$56,720,742$21,879,241$16,370,080$49,618,033
94$62,458,804$22,903,871$16,871,025$54,272,238
95$68,780,654$23,977,213$17,387,256$59,386,109
96$75,745,791$25,101,606$17,919,239$65,005,944
97$83,419,782$26,279,505$18,467,454$71,182,742
98$91,874,879$27,513,480$19,032,392$77,972,675
99$101,190,703$28,806,227$19,614,565$85,437,620
100$111,454,997$30,160,574$20,214,494$93,645,738