Can I retire at age 75 with 9,700,000?

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 $9,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$801,017$793,882$786,921$780,126$773,492$756,021
2 years$396,543$389,158$382,000$375,061$368,329$350,822
3 years$261,736$254,319$247,180$240,305$233,683$216,686
4 years$194,346$186,951$179,883$173,126$166,665$150,308
5 years$153,922$146,572$139,597$132,978$126,696$111,025
6 years$126,982$119,687$112,815$106,343$100,250$85,282
7 years$107,746$100,513$93,750$87,431$81,530$67,268
8 years$93,326$86,158$79,507$73,343$67,637$54,075
9 years$82,117$75,016$68,480$62,472$56,960$44,088
10 years$73,154$66,123$59,702$53,852$48,533$36,337
11 years$65,826$58,866$52,561$46,867$41,740$30,203
12 years$59,723$52,835$46,646$41,109$36,171$25,276
13 years$54,564$47,747$41,675$36,293$31,542$21,268
14 years$50,145$43,401$37,446$32,217$27,649$17,976
15 years$46,319$39,647$33,808$28,732$24,345$15,250
16 years$42,975$36,376$30,652$25,726$21,516$12,977
17 years$40,027$33,501$27,892$23,115$19,078$11,071
18 years$37,409$30,956$25,462$20,831$16,963$9,465
19 years$35,070$28,690$23,309$18,823$15,119$8,107
20 years$32,967$26,660$21,392$17,047$13,505$6,954
21 years$31,067$24,833$19,677$15,472$12,085$5,974
22 years$29,342$23,180$18,135$14,067$10,833$5,137
23 years$27,770$21,680$16,744$12,811$9,724$4,421
24 years$26,330$20,313$15,486$11,685$8,740$3,809
25 years$25,008$19,063$14,343$10,671$7,865$3,283
26 years$23,790$17,916$13,302$9,757$7,084$2,832
27 years$22,663$16,861$12,352$8,931$6,387$2,444
28 years$21,619$15,888$11,483$8,183$5,763$2,110
29 years$20,649$14,988$10,686$7,504$5,204$1,823
30 years$19,745$14,155$9,954$6,887$4,702$1,575
31 years$18,901$13,381$9,280$6,325$4,251$1,361
32 years$18,111$12,661$8,658$5,813$3,846$1,176
33 years$17,371$11,990$8,084$5,345$3,480$1,017
34 years$16,676$11,364$7,553$4,918$3,151$880
35 years$16,022$10,779$7,062$4,527$2,854$761
36 years$15,406$10,231$6,606$4,170$2,586$658
37 years$14,824$9,717$6,183$3,842$2,344$569
38 years$14,275$9,234$5,790$3,541$2,125$493
39 years$13,754$8,781$5,425$3,265$1,927$426
40 years$13,261$8,354$5,085$3,011$1,748$369
41 years$12,794$7,953$4,768$2,778$1,586$319
42 years$12,350$7,574$4,472$2,564$1,439$276
43 years$11,927$7,216$4,197$2,367$1,306$239
44 years$11,525$6,879$3,939$2,186$1,185$207
45 years$11,142$6,559$3,699$2,018$1,076$179
46 years$10,776$6,257$3,474$1,864$977$155
47 years$10,428$5,971$3,264$1,723$887$134
48 years$10,094$5,701$3,067$1,592$806$116
49 years$9,776$5,444$2,883$1,471$732$101
50 years$9,471$5,200$2,710$1,360$665$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,700,000, adding $6,680 every year, while hoping to spend $56,723 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: 68/27/5 Blend
74$9,700,000$9,700,000$9,700,000$9,700,000
75$10,696,290$10,182,190$10,031,840$11,417,089
76$11,726,959$10,620,765$10,307,554$12,333,562
77$12,860,855$11,078,928$10,590,603$13,327,811
78$14,108,447$11,557,581$10,881,174$14,413,456
79$15,481,271$12,057,665$11,179,455$15,599,418
80$16,992,037$12,580,166$11,485,643$16,895,511
81$18,654,748$13,126,118$11,799,935$18,312,533
82$20,484,836$13,696,601$12,122,537$19,862,363
83$22,499,303$14,292,748$12,453,655$21,558,074
84$24,716,883$14,915,745$12,793,504$23,414,052
85$27,158,221$15,566,831$13,142,302$25,446,129
86$29,846,061$16,247,308$13,500,271$27,671,731
87$32,805,469$16,958,535$13,867,639$30,110,035
88$36,064,062$17,701,939$14,244,641$32,782,156
89$39,652,273$18,479,011$14,631,513$35,711,332
90$43,603,637$19,291,315$15,028,501$38,923,149
91$47,955,105$20,140,486$15,435,853$42,445,773
92$52,747,396$21,028,240$15,853,824$46,310,217
93$58,025,378$21,956,371$16,282,675$50,550,623
94$63,838,493$22,926,760$16,722,671$55,204,591
95$70,241,223$23,941,375$17,174,084$60,313,517
96$77,293,604$25,002,279$17,637,193$65,922,989
97$85,061,794$26,111,633$18,112,280$72,083,210
98$93,618,692$27,271,698$18,599,637$78,849,464
99$103,044,633$28,484,845$19,099,559$86,282,637
100$113,428,140$29,753,557$19,612,349$94,449,785