Can I retire at age 75 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$776,243$769,329$762,583$755,999$749,569$734,435
2 years$384,279$377,122$370,186$363,461$356,938$341,757
3 years$253,641$246,453$239,535$232,873$226,456$211,701
4 years$188,335$181,169$174,320$167,772$161,510$147,296
5 years$149,162$142,039$135,279$128,865$122,778$109,144
6 years$123,055$115,985$109,326$103,054$97,150$84,112
7 years$104,414$97,404$90,850$84,727$79,009$66,569
8 years$90,440$83,494$77,048$71,075$65,545$53,700
9 years$79,577$72,696$66,362$60,540$55,199$43,940
10 years$70,892$64,078$57,856$52,186$47,032$36,350
11 years$63,790$57,045$50,935$45,418$40,449$30,329
12 years$57,876$51,201$45,204$39,837$35,052$25,481
13 years$52,876$46,270$40,386$35,170$30,566$21,526
14 years$48,594$42,058$36,287$31,220$26,794$18,269
15 years$44,887$38,421$32,763$27,843$23,592$15,563
16 years$41,646$35,251$29,704$24,930$20,850$13,299
17 years$38,789$32,465$27,030$22,400$18,487$11,395
18 years$36,252$29,999$24,675$20,187$16,438$9,785
19 years$33,985$27,802$22,588$18,240$14,652$8,419
20 years$31,948$25,835$20,730$16,520$13,087$7,255
21 years$30,106$24,065$19,068$14,993$11,712$6,260
22 years$28,435$22,463$17,574$13,632$10,498$5,408
23 years$26,911$21,010$16,227$12,415$9,423$4,677
24 years$25,516$19,685$15,007$11,323$8,470$4,048
25 years$24,235$18,473$13,899$10,341$7,622$3,506
26 years$23,054$17,362$12,891$9,455$6,865$3,039
27 years$21,962$16,339$11,970$8,655$6,190$2,635
28 years$20,951$15,397$11,128$7,930$5,585$2,286
29 years$20,010$14,525$10,356$7,272$5,043$1,985
30 years$19,134$13,717$9,646$6,674$4,557$1,723
31 years$18,317$12,967$8,993$6,129$4,120$1,497
32 years$17,551$12,270$8,390$5,633$3,727$1,300
33 years$16,834$11,620$7,834$5,180$3,373$1,130
34 years$16,160$11,013$7,320$4,766$3,054$982
35 years$15,527$10,445$6,843$4,387$2,766$854
36 years$14,929$9,914$6,402$4,041$2,506$742
37 years$14,366$9,416$5,992$3,723$2,271$645
38 years$13,833$8,949$5,611$3,431$2,059$561
39 years$13,329$8,509$5,257$3,164$1,867$488
40 years$12,851$8,096$4,927$2,918$1,694$425
41 years$12,398$7,707$4,620$2,692$1,536$369
42 years$11,968$7,340$4,334$2,485$1,394$321
43 years$11,558$6,993$4,067$2,294$1,265$280
44 years$11,169$6,666$3,818$2,118$1,149$243
45 years$10,797$6,357$3,585$1,956$1,043$212
46 years$10,443$6,064$3,367$1,807$947$184
47 years$10,105$5,787$3,163$1,669$860$160
48 years$9,782$5,524$2,972$1,542$781$139
49 years$9,473$5,275$2,794$1,425$709$121
50 years$9,178$5,039$2,627$1,318$644$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,400,000, adding $5,463 every year, while hoping to spend $22,514 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: 63/32/5 Blend
74$9,400,000$9,400,000$9,400,000$9,400,000
75$10,364,435$9,866,235$9,720,535$11,009,359
76$11,397,653$10,325,726$10,022,218$11,898,927
77$12,535,504$10,806,977$10,333,253$12,866,573
78$13,788,638$11,311,031$10,653,930$13,922,409
79$15,168,788$11,838,981$10,984,546$15,074,964
80$16,688,886$12,391,973$11,325,409$16,333,617
81$18,363,180$12,971,207$11,676,838$17,708,679
82$20,207,370$13,577,942$12,039,158$19,211,491
83$22,238,759$14,213,498$12,412,707$20,854,523
84$24,476,412$14,879,259$12,797,832$22,651,497
85$26,941,338$15,576,675$13,194,892$24,617,502
86$29,656,689$16,307,267$13,604,255$26,769,143
87$32,647,978$17,072,629$14,026,304$29,124,684
88$35,943,316$17,874,433$14,461,430$31,704,227
89$39,573,684$18,714,430$14,910,038$34,529,888
90$43,573,221$19,594,457$15,372,544$37,626,006
91$47,979,545$20,516,441$15,849,380$41,019,368
92$52,834,113$21,482,401$16,340,989$44,739,455
93$58,182,607$22,494,454$16,847,827$48,818,719
94$64,075,369$23,554,818$17,370,365$53,292,877
95$70,567,874$24,665,822$17,909,090$58,201,252
96$77,721,255$25,829,904$18,464,502$63,587,129
97$85,602,877$27,049,624$19,037,117$69,498,164
98$94,286,978$28,327,663$19,627,467$75,986,824
99$103,855,363$29,666,832$20,236,102$83,110,877
100$114,398,185$31,070,081$20,863,585$90,933,930