Can I retire at age 75 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$817,533$810,251$803,146$796,211$789,440$784,465
2 years$404,719$397,182$389,877$382,794$375,924$370,905
3 years$267,133$259,563$252,276$245,260$238,501$233,595
4 years$198,353$190,806$183,592$176,696$170,101$165,345
5 years$157,096$149,594$142,475$135,719$129,308$124,716
6 years$129,600$122,155$115,141$108,536$102,317$97,894
7 years$109,968$102,586$95,683$89,233$83,211$78,960
8 years$95,251$87,935$81,147$74,856$69,032$64,953
9 years$83,810$76,563$69,892$63,760$58,135$54,227
10 years$74,662$67,487$60,933$54,962$49,534$45,795
11 years$67,183$60,079$53,644$47,833$42,601$39,028
12 years$60,955$53,924$47,608$41,956$36,917$33,508
13 years$55,689$48,731$42,535$37,041$32,192$28,943
14 years$51,179$44,296$38,218$32,881$28,219$25,126
15 years$47,274$40,465$34,505$29,324$24,847$21,906
16 years$43,861$37,126$31,284$26,257$21,960$19,166
17 years$40,852$34,191$28,467$23,591$19,471$16,821
18 years$38,180$31,594$25,987$21,261$17,313$14,801
19 years$35,793$29,281$23,790$19,211$15,431$13,054
20 years$33,647$27,210$21,833$17,399$13,783$11,535
21 years$31,708$25,345$20,082$15,791$12,335$10,211
22 years$29,947$23,658$18,509$14,357$11,056$9,052
23 years$28,342$22,127$17,090$13,076$9,925$8,035
24 years$26,873$20,732$15,805$11,926$8,920$7,141
25 years$25,524$19,456$14,639$10,891$8,027$6,353
26 years$24,280$18,285$13,577$9,958$7,231$5,656
27 years$23,131$17,209$12,607$9,115$6,519$5,040
28 years$22,065$16,216$11,720$8,351$5,882$4,495
29 years$21,075$15,297$10,906$7,658$5,311$4,010
30 years$20,152$14,447$10,159$7,029$4,799$3,580
31 years$19,291$13,657$9,471$6,455$4,339$3,198
32 years$18,485$12,922$8,836$5,932$3,925$2,858
33 years$17,729$12,238$8,251$5,455$3,552$2,555
34 years$17,020$11,599$7,709$5,019$3,216$2,284
35 years$16,352$11,001$7,207$4,621$2,913$2,044
36 years$15,723$10,442$6,742$4,255$2,639$1,828
37 years$15,130$9,917$6,311$3,921$2,392$1,636
38 years$14,569$9,425$5,910$3,614$2,169$1,465
39 years$14,038$8,962$5,537$3,332$1,966$1,312
40 years$13,535$8,527$5,190$3,074$1,784$1,175
41 years$13,058$8,117$4,866$2,836$1,618$1,052
42 years$12,604$7,730$4,565$2,617$1,468$942
43 years$12,173$7,365$4,283$2,416$1,333$844
44 years$11,763$7,020$4,021$2,231$1,210$756
45 years$11,372$6,695$3,775$2,060$1,098$678
46 years$10,999$6,386$3,546$1,903$997$607
47 years$10,643$6,095$3,331$1,758$905$544
48 years$10,302$5,818$3,130$1,624$822$488
49 years$9,977$5,556$2,942$1,501$747$437
50 years$9,666$5,307$2,766$1,388$678$392

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $9,900,000, adding $4,066 every year, while hoping to spend $57,293 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: 36/48/16 Blend
74$9,900,000$9,900,000$9,900,000$9,900,000
75$10,913,994$10,389,294$10,235,844$11,253,341
76$11,966,262$10,837,410$10,517,786$11,947,328
77$13,123,941$11,305,564$10,807,252$12,690,320
78$14,397,723$11,794,676$11,104,435$13,491,204
79$15,799,388$12,305,712$11,409,530$14,355,174
80$17,341,914$12,839,681$11,722,738$15,287,920
81$19,039,605$13,397,641$12,044,265$16,295,682
82$20,908,218$13,980,698$12,374,321$17,385,304
83$22,965,116$14,590,013$12,713,121$18,564,294
84$25,229,432$15,226,798$13,060,885$19,840,890
85$27,722,248$15,892,324$13,417,838$21,224,133
86$30,466,792$16,587,923$13,784,210$22,723,947
87$33,488,661$17,314,987$14,160,238$24,351,226
88$36,816,060$18,074,977$14,546,161$26,117,935
89$40,480,068$18,869,421$14,942,227$28,037,214
90$44,514,930$19,699,918$15,348,688$30,123,498
91$48,958,385$20,568,145$15,765,800$32,392,643
92$53,852,014$21,475,858$16,193,828$34,862,075
93$59,241,639$22,424,895$16,633,041$37,550,941
94$65,177,752$23,417,182$17,083,715$40,480,289
95$71,715,994$24,454,734$17,546,130$43,673,254
96$78,917,674$25,539,665$18,020,574$47,155,270
97$86,850,356$26,674,187$18,507,342$50,954,304
98$95,588,488$27,860,618$19,006,734$55,101,108
99$105,214,110$29,101,385$19,519,056$59,629,503
100$115,817,627$30,399,031$20,044,622$64,576,686