Can I retire at age 75 with 9,600,000?

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 $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$792,759$785,698$778,808$772,084$765,517$748,532
2 years$392,455$385,146$378,062$371,194$364,532$347,508
3 years$259,038$251,697$244,631$237,828$231,274$214,743
4 years$192,342$185,024$178,029$171,341$164,947$149,035
5 years$152,335$145,061$138,158$131,607$125,390$110,143
6 years$125,673$118,453$111,652$105,247$99,217$84,651
7 years$106,636$99,477$92,783$86,529$80,690$66,807
8 years$92,364$85,270$78,688$72,587$66,940$53,736
9 years$81,270$74,243$67,774$61,828$56,373$43,838
10 years$72,400$65,441$59,087$53,297$48,033$36,153
11 years$65,147$58,259$52,019$46,384$41,310$30,070
12 years$59,108$52,290$46,165$40,685$35,798$25,181
13 years$54,001$47,255$41,246$35,919$31,217$21,202
14 years$49,628$42,953$37,060$31,885$27,364$17,933
15 years$45,842$39,239$33,460$28,435$24,094$15,224
16 years$42,532$36,001$30,336$25,461$21,294$12,963
17 years$39,614$33,155$27,605$22,876$18,881$11,067
18 years$37,024$30,637$25,200$20,616$16,788$9,469
19 years$34,708$28,394$23,069$18,629$14,963$8,117
20 years$32,627$26,385$21,172$16,872$13,366$6,968
21 years$30,747$24,577$19,474$15,312$11,961$5,990
22 years$29,040$22,941$17,948$13,922$10,721$5,155
23 years$27,483$21,457$16,572$12,679$9,624$4,440
24 years$26,059$20,104$15,326$11,564$8,650$3,828
25 years$24,750$18,866$14,195$10,561$7,784$3,303
26 years$23,544$17,731$13,165$9,657$7,011$2,851
27 years$22,430$16,687$12,225$8,839$6,321$2,462
28 years$21,396$15,724$11,365$8,098$5,704$2,128
29 years$20,436$14,834$10,576$7,426$5,150$1,839
30 years$19,541$14,009$9,851$6,816$4,654$1,590
31 years$18,706$13,243$9,184$6,260$4,207$1,376
32 years$17,925$12,531$8,569$5,753$3,806$1,190
33 years$17,192$11,867$8,001$5,290$3,444$1,030
34 years$16,504$11,247$7,475$4,867$3,118$891
35 years$15,857$10,668$6,989$4,481$2,825$772
36 years$15,247$10,125$6,538$4,127$2,559$668
37 years$14,671$9,617$6,119$3,802$2,319$578
38 years$14,127$9,139$5,731$3,504$2,103$501
39 years$13,613$8,690$5,369$3,231$1,907$434
40 years$13,125$8,268$5,032$2,980$1,730$376
41 years$12,662$7,871$4,719$2,750$1,569$325
42 years$12,222$7,496$4,426$2,538$1,424$282
43 years$11,804$7,142$4,153$2,343$1,292$244
44 years$11,406$6,808$3,899$2,163$1,173$212
45 years$11,027$6,492$3,661$1,998$1,065$183
46 years$10,665$6,193$3,438$1,845$967$159
47 years$10,320$5,910$3,230$1,705$878$138
48 years$9,990$5,642$3,036$1,575$797$119
49 years$9,675$5,388$2,853$1,456$724$103
50 years$9,373$5,146$2,682$1,346$658$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,600,000, adding $2,955 every year, while hoping to spend $58,736 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: 54/17/29 Blend
74$9,600,000$9,600,000$9,600,000$9,600,000
75$10,582,248$10,073,448$9,924,648$11,068,025
76$11,599,143$10,504,552$10,194,629$11,835,748
77$12,717,792$10,954,812$10,471,686$12,664,911
78$13,948,513$11,425,104$10,755,994$13,566,515
79$15,302,673$11,916,346$11,047,731$14,547,543
80$16,792,797$12,429,498$11,347,081$15,615,674
81$18,432,684$12,965,566$11,654,231$16,779,356
82$20,237,542$13,525,602$11,969,371$18,047,882
83$22,224,124$14,110,709$12,292,698$19,431,478
84$24,410,891$14,722,041$12,624,410$20,941,396
85$26,818,186$15,360,804$12,964,711$22,590,018
86$29,468,422$16,028,265$13,313,810$24,390,969
87$32,386,298$16,725,747$13,671,920$26,359,248
88$35,599,028$17,454,636$14,039,257$28,511,361
89$39,136,601$18,216,385$14,416,044$30,865,480
90$43,032,059$19,012,514$14,802,507$33,441,607
91$47,321,816$19,844,614$15,198,877$36,261,765
92$52,045,993$20,714,352$15,605,392$39,350,196
93$57,248,803$21,623,473$16,022,291$42,733,595
94$62,978,964$22,573,807$16,449,821$46,441,354
95$69,290,162$23,567,266$16,888,233$50,505,835
96$76,241,553$24,605,857$17,337,783$54,962,677
97$83,898,325$25,691,678$17,798,733$59,851,124
98$92,332,312$26,826,928$18,271,348$65,214,397
99$101,622,671$28,013,911$18,755,902$71,100,091
100$111,856,629$29,255,038$19,252,670$77,560,628