Can I retire at age 57 with 13,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,030,212
2 years$547,802$537,599$527,712$518,125$508,826$470,632
3 years$361,573$351,327$341,464$331,968$322,820$285,954
4 years$268,478$258,263$248,499$239,164$230,238$194,982
5 years$212,635$202,481$192,845$183,701$175,023$141,469
6 years$175,418$165,341$155,848$146,907$138,490$106,663
7 years$148,845$138,853$129,510$120,780$112,629$82,522
8 years$128,925$119,023$109,835$101,320$93,437$65,024
9 years$113,439$103,631$94,601$86,302$78,687$51,931
10 years$101,058$91,345$82,475$74,393$67,046$41,900
11 years$90,935$81,319$72,610$64,744$57,661$34,074
12 years$82,505$72,988$64,439$56,789$49,968$27,882
13 years$75,377$65,960$57,572$50,137$43,573$22,928
14 years$69,273$59,956$51,729$44,506$38,196$18,929
15 years$63,987$54,771$46,704$39,691$33,631$15,678
16 years$59,367$50,251$42,344$35,539$29,723$13,019
17 years$55,295$46,279$38,532$31,932$26,354$10,835
18 years$51,679$42,764$35,174$28,777$23,433$9,033
19 years$48,447$39,633$32,200$26,002$20,887$7,541
20 years$45,542$36,829$29,552$23,550$18,656$6,304
21 years$42,918$34,305$27,182$21,373$16,695$5,274
22 years$40,535$32,022$25,053$19,433$14,965$4,417
23 years$38,362$29,950$23,132$17,698$13,433$3,702
24 years$36,374$28,061$21,393$16,142$12,074$3,104
25 years$34,547$26,334$19,814$14,742$10,865$2,604
26 years$32,864$24,750$18,376$13,479$9,787$2,185
27 years$31,308$23,292$17,064$12,338$8,824$1,835
28 years$29,866$21,948$15,863$11,304$7,962$1,541
29 years$28,525$20,706$14,762$10,366$7,189$1,294
30 years$27,277$19,554$13,750$9,513$6,496$1,087
31 years$26,111$18,485$12,819$8,737$5,873$914
32 years$25,020$17,491$11,960$8,030$5,312$768
33 years$23,997$16,564$11,168$7,384$4,808$645
34 years$23,037$15,699$10,434$6,794$4,353$543
35 years$22,134$14,890$9,755$6,254$3,943$456
36 years$21,282$14,133$9,126$5,760$3,572$383
37 years$20,479$13,423$8,542$5,307$3,238$322
38 years$19,720$12,757$7,999$4,892$2,935$271
39 years$19,001$12,130$7,494$4,510$2,662$228
40 years$18,320$11,541$7,024$4,160$2,414$192
41 years$17,674$10,986$6,586$3,838$2,190$161
42 years$17,060$10,463$6,178$3,542$1,987$136
43 years$16,477$9,969$5,798$3,270$1,804$114
44 years$15,921$9,502$5,442$3,019$1,637$96
45 years$15,392$9,061$5,110$2,788$1,486$81
46 years$14,887$8,644$4,799$2,576$1,350$68
47 years$14,405$8,249$4,509$2,380$1,225$57
48 years$13,945$7,875$4,237$2,199$1,113$48
49 years$13,504$7,520$3,983$2,032$1,011$40
50 years$13,083$7,184$3,744$1,878$918$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,400,000, adding $2,768 every year, while hoping to spend $25,521 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: 29/43/28 Blend
56$13,400,000$13,400,000$13,400,000$13,400,000
57$14,769,655$14,059,455$13,851,755$15,070,134
58$16,249,006$14,721,214$14,288,635$15,969,631
59$17,878,395$15,414,544$14,739,295$16,933,554
60$19,673,099$16,140,965$15,204,169$17,969,351
61$21,649,954$16,902,071$15,683,707$19,083,249
62$23,827,508$17,699,531$16,178,370$20,282,065
63$26,226,205$18,535,099$16,688,637$21,573,259
64$28,868,570$19,410,612$17,214,998$22,965,002
65$31,779,426$20,327,993$17,757,963$24,466,242
66$34,986,127$21,289,264$18,318,054$26,086,782
67$38,518,815$22,296,541$18,895,811$27,837,368
68$42,410,706$23,352,044$19,491,793$29,729,778
69$46,698,404$24,458,100$20,106,574$31,776,924
70$51,422,244$25,617,149$20,740,747$33,992,971
71$56,626,674$26,831,751$21,394,924$36,393,453
72$62,360,677$28,104,588$22,069,735$38,995,418
73$68,678,227$29,438,474$22,765,832$41,817,573
74$75,638,805$30,836,359$23,483,887$44,880,450
75$83,307,957$32,301,334$24,224,591$48,206,594
76$91,757,914$33,836,645$24,988,660$51,820,757
77$101,068,271$35,445,691$25,776,830$55,750,123
78$111,326,743$37,132,038$26,589,862$60,024,554
79$122,629,988$38,899,425$27,428,540$64,676,853
80$135,084,524$40,751,774$28,293,673$69,743,063
81$148,807,731$42,693,196$29,186,096$75,262,794
82$163,928,959$44,728,002$30,106,670$81,279,576
83$180,590,751$46,860,713$31,056,282$87,841,260
84$198,950,189$49,096,069$32,035,849$95,000,450
85$219,180,374$51,439,042$33,046,315$102,814,981
86$241,472,062$53,894,844$34,088,657$111,348,449
87$266,035,463$56,468,943$35,163,878$120,670,789
88$293,102,229$59,167,070$36,273,016$130,858,919
89$322,927,636$61,995,236$37,417,142$141,997,441
90$355,792,997$64,959,745$38,597,359$154,179,420
91$392,008,318$68,067,208$39,814,805$167,507,238
92$431,915,221$71,324,555$41,070,656$182,093,539
93$475,890,173$74,739,058$42,366,122$198,062,263
94$524,348,038$78,318,339$43,702,454$215,549,794
95$577,745,992$82,070,392$45,080,941$234,706,214
96$636,587,843$86,003,600$46,502,912$255,696,697
97$701,428,783$90,126,757$47,969,740$278,703,034
98$772,880,632$94,449,081$49,482,839$303,925,319
99$851,617,612$98,980,242$51,043,670$331,583,805
100$938,382,713$103,730,378$52,653,737$361,920,945