Can I retire at age 75 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$767,985$761,144$754,470$747,956$741,595$737,230
2 years$380,191$373,110$366,248$359,594$353,141$348,737
3 years$250,943$243,832$236,987$230,396$224,047$219,741
4 years$186,331$179,242$172,466$165,987$159,792$155,617
5 years$147,575$140,528$133,840$127,494$121,471$117,439
6 years$121,745$114,752$108,163$101,958$96,116$92,232
7 years$103,303$96,368$89,884$83,825$78,168$74,435
8 years$89,478$82,605$76,229$70,319$64,848$61,265
9 years$78,730$71,923$65,656$59,896$54,611$51,178
10 years$70,137$63,396$57,240$51,631$46,532$43,246
11 years$63,111$56,438$50,393$44,934$40,019$36,878
12 years$57,261$50,656$44,723$39,414$34,679$31,682
13 years$52,314$45,778$39,957$34,796$30,241$27,383
14 years$48,077$41,611$35,901$30,888$26,509$23,788
15 years$44,409$38,012$32,414$27,547$23,341$20,752
16 years$41,203$34,876$29,388$24,665$20,629$18,170
17 years$38,376$32,119$26,742$22,162$18,291$15,957
18 years$35,867$29,680$24,412$19,972$16,263$14,051
19 years$33,624$27,507$22,348$18,046$14,496$12,401
20 years$31,608$25,561$20,510$16,344$12,948$10,967
21 years$29,786$23,809$18,865$14,834$11,587$9,715
22 years$28,132$22,225$17,387$13,487$10,386$8,618
23 years$26,625$20,786$16,054$12,283$9,323$7,656
24 years$25,245$19,475$14,847$11,203$8,380$6,809
25 years$23,977$18,277$13,752$10,231$7,541$6,062
26 years$22,809$17,177$12,754$9,355$6,792$5,402
27 years$21,729$16,166$11,843$8,563$6,124$4,817
28 years$20,728$15,233$11,010$7,845$5,526$4,299
29 years$19,797$14,370$10,245$7,194$4,990$3,839
30 years$18,931$13,571$9,543$6,603$4,508$3,430
31 years$18,122$12,829$8,897$6,064$4,076$3,066
32 years$17,365$12,139$8,301$5,573$3,687$2,742
33 years$16,655$11,496$7,751$5,125$3,337$2,454
34 years$15,988$10,896$7,242$4,715$3,021$2,196
35 years$15,361$10,334$6,771$4,341$2,736$1,966
36 years$14,771$9,809$6,334$3,998$2,479$1,761
37 years$14,213$9,316$5,928$3,683$2,247$1,577
38 years$13,686$8,854$5,551$3,395$2,037$1,413
39 years$13,187$8,419$5,201$3,130$1,847$1,266
40 years$12,715$8,010$4,875$2,887$1,676$1,135
41 years$12,266$7,625$4,571$2,664$1,520$1,017
42 years$11,840$7,261$4,288$2,458$1,379$912
43 years$11,435$6,919$4,024$2,269$1,252$818
44 years$11,050$6,595$3,777$2,095$1,136$733
45 years$10,682$6,289$3,546$1,935$1,032$658
46 years$10,332$5,999$3,331$1,788$937$590
47 years$9,998$5,725$3,129$1,651$850$529
48 years$9,678$5,466$2,941$1,526$772$475
49 years$9,372$5,219$2,764$1,410$701$426
50 years$9,080$4,986$2,599$1,304$637$382

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,300,000, adding $3,205 every year, while hoping to spend $52,743 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: 48/27/25 Blend
74$9,300,000$9,300,000$9,300,000$9,300,000
75$10,251,906$9,759,006$9,614,856$10,670,897
76$11,241,482$10,181,079$9,880,835$11,386,802
77$12,330,228$10,622,066$10,153,958$12,158,298
78$13,528,201$11,082,838$10,434,406$12,995,073
79$14,846,488$11,564,307$10,722,368$13,903,295
80$16,297,299$12,067,428$11,018,038$14,889,746
81$17,894,093$12,593,200$11,321,610$15,961,877
82$19,651,694$13,142,672$11,633,289$17,127,880
83$21,586,442$13,716,938$11,953,279$18,396,761
84$23,716,338$14,317,146$12,281,793$19,778,423
85$26,061,218$14,944,500$12,619,046$21,283,754
86$28,642,939$15,600,257$12,965,260$22,924,729
87$31,485,584$16,285,735$13,320,662$24,714,519
88$34,615,693$17,002,316$13,685,484$26,667,615
89$38,062,509$17,751,444$14,059,962$28,799,955
90$41,858,254$18,534,634$14,444,340$31,129,076
91$46,038,436$19,353,471$14,838,866$33,674,272
92$50,642,182$20,209,616$15,243,793$36,456,778
93$55,712,606$21,104,810$15,659,382$39,499,958
94$61,297,219$22,040,872$16,085,899$42,829,528
95$67,448,373$23,019,713$16,523,614$46,473,792
96$74,223,758$24,043,330$16,972,806$50,463,904
97$81,686,946$25,113,817$17,433,759$54,834,156
98$89,907,988$26,233,368$17,906,764$59,622,301
99$98,964,079$27,404,279$18,392,117$64,869,897
100$108,940,283$28,628,957$18,890,121$70,622,703