Can I retire at age 57 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,033,389
2 years$551,890$541,611$531,650$521,992$512,623$469,722
3 years$364,272$353,949$344,013$334,445$325,229$283,898
4 years$270,481$260,190$250,353$240,949$231,956$192,509
5 years$214,222$203,992$194,284$185,072$176,329$138,867
6 years$176,727$166,575$157,011$148,003$139,524$104,068
7 years$149,956$139,889$130,477$121,682$113,470$80,009
8 years$129,887$119,911$110,654$102,076$94,134$62,633
9 years$114,286$104,404$95,307$86,946$79,275$49,685
10 years$101,812$92,027$83,091$74,948$67,546$39,809
11 years$91,613$81,926$73,152$65,227$58,092$32,142
12 years$83,120$73,533$64,920$57,213$50,341$26,109
13 years$75,940$66,452$58,002$50,511$43,898$21,308
14 years$69,790$60,403$52,115$44,838$38,481$17,457
15 years$64,465$55,179$47,053$39,987$33,882$14,346
16 years$59,810$50,626$42,660$35,804$29,945$11,818
17 years$55,707$46,625$38,819$32,170$26,551$9,755
18 years$52,064$43,083$35,437$28,992$23,608$8,066
19 years$48,809$39,929$32,441$26,196$21,042$6,678
20 years$45,882$37,104$29,772$23,726$18,795$5,535
21 years$43,238$34,561$27,385$21,533$16,820$4,592
22 years$40,837$32,261$25,239$19,578$15,077$3,813
23 years$38,649$30,173$23,304$17,830$13,534$3,168
24 years$36,645$28,271$21,552$16,262$12,164$2,633
25 years$34,805$26,531$19,962$14,852$10,946$2,189
26 years$33,109$24,934$18,514$13,580$9,860$1,821
27 years$31,542$23,466$17,192$12,430$8,889$1,516
28 years$30,089$22,112$15,982$11,388$8,021$1,261
29 years$28,738$20,860$14,872$10,443$7,243$1,050
30 years$27,480$19,700$13,853$9,584$6,544$874
31 years$26,306$18,623$12,915$8,802$5,917$728
32 years$25,207$17,621$12,050$8,090$5,352$606
33 years$24,177$16,688$11,251$7,439$4,844$505
34 years$23,209$15,816$10,512$6,845$4,385$421
35 years$22,299$15,001$9,828$6,301$3,972$350
36 years$21,441$14,239$9,194$5,803$3,599$292
37 years$20,632$13,523$8,605$5,347$3,262$243
38 years$19,867$12,852$8,059$4,928$2,957$203
39 years$19,143$12,221$7,550$4,544$2,682$169
40 years$18,457$11,627$7,077$4,191$2,432$141
41 years$17,806$11,068$6,636$3,867$2,207$117
42 years$17,187$10,541$6,224$3,569$2,002$98
43 years$16,600$10,043$5,841$3,294$1,817$81
44 years$16,040$9,573$5,483$3,042$1,649$68
45 years$15,507$9,129$5,148$2,809$1,497$57
46 years$14,998$8,709$4,835$2,595$1,360$47
47 years$14,513$8,311$4,543$2,397$1,235$39
48 years$14,049$7,934$4,269$2,215$1,121$33
49 years$13,605$7,576$4,012$2,047$1,018$27
50 years$13,181$7,237$3,772$1,892$925$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,500,000, adding $4,663 every year, while hoping to spend $42,066 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: 61/16/23 Blend
56$13,500,000$13,500,000$13,500,000$13,500,000
57$14,881,810$14,166,310$13,957,060$15,698,813
58$16,354,997$14,815,701$14,379,863$16,902,469
59$17,977,038$15,495,503$14,815,421$18,210,580
60$19,763,074$16,207,160$15,264,116$19,637,404
61$21,729,786$16,952,189$15,726,341$21,194,502
62$23,895,554$17,732,177$16,202,504$22,894,595
63$26,280,635$18,548,788$16,693,023$24,751,677
64$28,907,348$19,403,767$17,198,327$26,781,147
65$31,800,288$20,298,941$17,718,861$28,999,950
66$34,986,555$21,236,227$18,255,081$31,426,735
67$38,496,015$22,217,633$18,807,457$34,082,027
68$42,361,576$23,245,265$19,376,474$36,988,415
69$46,619,501$24,321,328$19,962,631$40,170,766
70$51,309,752$25,448,135$20,566,441$43,656,452
71$56,476,363$26,628,109$21,188,433$47,475,608
72$62,167,858$27,863,793$21,829,152$51,661,408
73$68,437,710$29,157,849$22,489,158$56,250,378
74$75,344,841$30,513,068$23,169,030$61,282,733
75$82,954,184$31,932,377$23,869,361$66,802,755
76$91,337,291$33,418,844$24,590,765$72,859,203
77$100,573,011$34,975,684$25,333,872$79,505,771
78$110,748,233$36,606,267$26,099,332$86,801,587
79$121,958,706$38,314,128$26,887,813$94,811,768
80$134,309,943$40,102,969$27,700,003$103,608,028
81$147,918,217$41,976,674$28,536,613$113,269,348
82$162,911,658$43,939,314$29,398,372$123,882,716
83$179,431,462$45,995,155$30,286,033$135,543,943
84$197,633,224$48,148,671$31,200,368$148,358,558
85$217,688,408$50,404,551$32,142,176$162,442,799
86$239,785,964$52,767,713$33,112,277$177,924,702
87$264,134,111$55,243,309$34,111,517$194,945,303
88$290,962,304$57,836,744$35,140,766$213,659,960
89$320,523,397$60,553,683$36,200,920$234,239,811
90$353,096,034$63,400,064$37,292,901$256,873,382
91$388,987,276$66,382,114$38,417,660$281,768,356
92$428,535,502$69,506,361$39,576,175$309,153,528
93$472,113,599$72,779,649$40,769,454$339,280,949
94$520,132,489$76,209,154$41,998,532$372,428,297
95$573,044,998$79,802,399$43,264,479$408,901,492
96$631,350,143$83,567,271$44,568,394$449,037,564
97$695,597,830$87,512,040$45,911,408$493,207,832
98$766,394,056$91,645,377$47,294,687$541,821,390
99$844,406,622$95,976,373$48,719,431$595,328,960
100$930,371,441$100,514,559$50,186,876$654,227,130