Can I retire at age 57 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,025,199
2 years$535,538$525,564$515,897$506,525$497,434$477,948
3 years$353,479$343,462$333,820$324,536$315,593$296,641
4 years$262,467$252,481$242,935$233,810$225,083$206,812
5 years$207,874$197,948$188,528$179,588$171,105$153,566
6 years$171,491$161,639$152,358$143,618$135,389$118,603
7 years$145,513$135,744$126,611$118,076$110,108$94,078
8 years$126,039$116,358$107,376$99,051$91,345$76,068
9 years$110,900$101,311$92,483$84,370$76,926$62,392
10 years$98,796$89,300$80,629$72,728$65,545$51,740
11 years$88,899$79,499$70,984$63,295$56,371$43,281
12 years$80,658$71,354$62,997$55,518$48,850$36,455
13 years$73,689$64,483$56,283$49,014$42,598$30,880
14 years$67,722$58,613$50,571$43,509$37,341$26,278
15 years$62,555$53,544$45,659$38,803$32,878$22,448
16 years$58,038$49,126$41,396$34,744$29,058$19,237
17 years$54,057$45,243$37,669$31,217$25,764$16,530
18 years$50,522$41,807$34,387$28,133$22,909$14,236
19 years$47,362$38,746$31,480$25,420$20,419$12,284
20 years$44,523$36,005$28,890$23,023$18,239$10,618
21 years$41,957$33,537$26,574$20,895$16,321$9,190
22 years$39,627$31,305$24,492$18,998$14,630$7,964
23 years$37,503$29,279$22,614$17,302$13,133$6,908
24 years$35,559$27,433$20,914$15,780$11,804$5,998
25 years$33,774$25,744$19,370$14,412$10,622$5,212
26 years$32,128$24,196$17,965$13,177$9,568$4,532
27 years$30,607$22,771$16,682$12,061$8,626$3,943
28 years$29,197$21,457$15,508$11,051$7,783$3,432
29 years$27,887$20,242$14,432$10,134$7,028$2,989
30 years$26,666$19,117$13,443$9,300$6,350$2,603
31 years$25,526$18,071$12,532$8,542$5,741$2,269
32 years$24,460$17,099$11,693$7,850$5,194$1,978
33 years$23,460$16,193$10,918$7,219$4,700$1,724
34 years$22,521$15,348$10,201$6,642$4,255$1,504
35 years$21,638$14,557$9,537$6,114$3,854$1,312
36 years$20,806$13,817$8,922$5,631$3,492$1,144
37 years$20,020$13,123$8,350$5,188$3,165$998
38 years$19,278$12,471$7,820$4,782$2,869$871
39 years$18,575$11,859$7,326$4,409$2,602$760
40 years$17,910$11,283$6,867$4,067$2,360$664
41 years$17,278$10,740$6,439$3,752$2,141$579
42 years$16,678$10,229$6,040$3,463$1,943$506
43 years$16,108$9,746$5,668$3,197$1,763$441
44 years$15,565$9,290$5,320$2,952$1,601$385
45 years$15,047$8,859$4,995$2,726$1,453$336
46 years$14,554$8,451$4,692$2,518$1,319$294
47 years$14,083$8,065$4,408$2,326$1,198$256
48 years$13,632$7,699$4,142$2,150$1,088$224
49 years$13,202$7,352$3,893$1,987$988$196
50 years$12,790$7,023$3,660$1,836$898$171

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,100,000, adding $5,358 every year, while hoping to spend $44,420 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: 39/36/25 Blend
56$13,100,000$13,100,000$13,100,000$13,100,000
57$14,441,727$13,747,427$13,544,377$14,897,508
58$15,867,520$14,373,788$13,950,851$15,855,321
59$17,437,256$15,029,352$14,369,453$16,885,784
60$19,165,569$15,715,504$14,800,543$17,999,180
61$21,068,586$16,433,692$15,244,490$19,203,085
62$23,164,077$17,185,438$15,701,675$20,505,807
63$25,471,623$17,972,335$16,172,491$21,916,465
64$28,012,799$18,796,050$16,657,341$23,445,067
65$30,811,383$19,658,334$17,156,640$25,102,600
66$33,893,572$20,561,021$17,670,815$26,901,126
67$37,288,237$21,506,031$18,200,308$28,853,891
68$41,027,189$22,495,379$18,745,570$30,975,447
69$45,145,484$23,531,174$19,307,068$33,281,776
70$49,681,751$24,615,630$19,885,283$35,790,441
71$54,678,557$25,751,063$20,480,708$38,520,739
72$60,182,810$26,939,905$21,093,851$41,493,878
73$66,246,198$28,184,702$21,725,237$44,733,172
74$72,925,681$29,488,123$22,375,403$48,264,246
75$80,284,026$30,852,967$23,044,905$52,115,279
76$88,390,400$32,282,165$23,734,312$56,317,250
77$97,321,022$33,778,793$24,444,213$60,904,232
78$107,159,884$35,346,071$25,175,212$65,913,693
79$117,999,542$36,987,378$25,927,931$71,386,850
80$129,941,989$38,706,254$26,703,010$77,369,040
81$143,099,620$40,506,408$27,501,110$83,910,140
82$157,596,292$42,391,733$28,322,907$91,065,025
83$173,568,490$44,366,304$29,169,101$98,894,075
84$191,166,619$46,434,396$30,040,409$107,463,731
85$210,556,424$48,600,491$30,937,572$116,847,108
86$231,920,548$50,869,284$31,861,350$127,124,677
87$255,460,266$53,245,701$32,812,527$138,385,000
88$281,397,376$55,734,903$33,791,909$150,725,562
89$309,976,295$58,342,300$34,800,325$164,253,665
90$341,466,371$61,073,566$35,838,630$179,087,434
91$376,164,417$63,934,648$36,907,701$195,356,905
92$414,397,522$66,931,780$38,008,443$213,205,242
93$456,526,130$70,071,498$39,141,786$232,790,067
94$502,947,448$73,360,654$40,308,688$254,284,926
95$554,099,193$76,806,431$41,510,135$277,880,909
96$610,463,726$80,416,362$42,747,140$303,788,432
97$672,572,603$84,198,341$44,020,746$332,239,199
98$741,011,596$88,160,646$45,332,029$363,488,365
99$816,426,218$92,311,958$46,682,091$397,816,923
100$899,527,822$96,661,374$48,072,071$435,534,330