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

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,056,936
2 years$551,890$541,611$531,650$521,992$512,623$492,974
3 years$364,272$353,949$344,013$334,445$325,229$306,116
4 years$270,481$260,190$250,353$240,949$231,956$213,525
5 years$214,222$203,992$194,284$185,072$176,329$158,634
6 years$176,727$166,575$157,011$148,003$139,524$122,584
7 years$149,956$139,889$130,477$121,682$113,470$97,290
8 years$129,887$119,911$110,654$102,076$94,134$78,711
9 years$114,286$104,404$95,307$86,946$79,275$64,598
10 years$101,812$92,027$83,091$74,948$67,546$53,603
11 years$91,613$81,926$73,152$65,227$58,092$44,867
12 years$83,120$73,533$64,920$57,213$50,341$37,816
13 years$75,940$66,452$58,002$50,511$43,898$32,053
14 years$69,790$60,403$52,115$44,838$38,481$27,295
15 years$64,465$55,179$47,053$39,987$33,882$23,333
16 years$59,810$50,626$42,660$35,804$29,945$20,010
17 years$55,707$46,625$38,819$32,170$26,551$17,206
18 years$52,064$43,083$35,437$28,992$23,608$14,829
19 years$48,809$39,929$32,441$26,196$21,042$12,806
20 years$45,882$37,104$29,772$23,726$18,795$11,076
21 years$43,238$34,561$27,385$21,533$16,820$9,594
22 years$40,837$32,261$25,239$19,578$15,077$8,321
23 years$38,649$30,173$23,304$17,830$13,534$7,224
24 years$36,645$28,271$21,552$16,262$12,164$6,277
25 years$34,805$26,531$19,962$14,852$10,946$5,458
26 years$33,109$24,934$18,514$13,580$9,860$4,750
27 years$31,542$23,466$17,192$12,430$8,889$4,136
28 years$30,089$22,112$15,982$11,388$8,021$3,603
29 years$28,738$20,860$14,872$10,443$7,243$3,140
30 years$27,480$19,700$13,853$9,584$6,544$2,738
31 years$26,306$18,623$12,915$8,802$5,917$2,388
32 years$25,207$17,621$12,050$8,090$5,352$2,083
33 years$24,177$16,688$11,251$7,439$4,844$1,818
34 years$23,209$15,816$10,512$6,845$4,385$1,586
35 years$22,299$15,001$9,828$6,301$3,972$1,385
36 years$21,441$14,239$9,194$5,803$3,599$1,209
37 years$20,632$13,523$8,605$5,347$3,262$1,056
38 years$19,867$12,852$8,059$4,928$2,957$922
39 years$19,143$12,221$7,550$4,544$2,682$806
40 years$18,457$11,627$7,077$4,191$2,432$704
41 years$17,806$11,068$6,636$3,867$2,207$615
42 years$17,187$10,541$6,224$3,569$2,002$537
43 years$16,600$10,043$5,841$3,294$1,817$469
44 years$16,040$9,573$5,483$3,042$1,649$410
45 years$15,507$9,129$5,148$2,809$1,497$358
46 years$14,998$8,709$4,835$2,595$1,360$313
47 years$14,513$8,311$4,543$2,397$1,235$274
48 years$14,049$7,934$4,269$2,215$1,121$239
49 years$13,605$7,576$4,012$2,047$1,018$209
50 years$13,181$7,237$3,772$1,892$925$183

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 $3,603 every year, while hoping to spend $42,258 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: 52/40/8 Blend
56$13,500,000$13,500,000$13,500,000$13,500,000
57$14,880,716$14,165,216$13,955,966$15,624,570
58$16,353,587$14,814,350$14,378,529$16,779,564
59$17,975,275$15,493,875$14,813,831$18,030,082
60$19,760,913$16,205,235$15,262,255$19,388,997
61$21,727,180$16,949,945$15,724,195$20,866,534
62$23,892,452$17,729,592$16,200,054$22,473,922
63$26,276,978$18,545,838$16,690,252$24,223,497
64$28,903,072$19,400,426$17,195,217$26,128,814
65$31,795,321$20,295,182$17,715,393$28,204,766
66$34,980,820$21,232,023$18,251,235$30,467,718
67$38,489,425$22,212,953$18,803,213$32,935,661
68$42,354,035$23,240,076$19,371,809$35,628,371
69$46,610,904$24,315,598$19,957,522$38,567,588
70$51,299,981$25,441,827$20,560,865$41,777,218
71$56,465,290$26,621,187$21,182,364$45,283,546
72$62,155,340$27,856,216$21,822,564$49,115,482
73$68,423,589$29,149,575$22,482,024$53,304,822
74$75,328,945$30,504,054$23,161,321$57,886,540
75$82,936,320$31,922,575$23,861,049$62,899,111
76$91,317,248$33,408,205$24,581,817$68,384,862
77$100,550,556$34,964,155$25,324,256$74,390,364
78$110,723,107$36,593,794$26,089,014$80,966,862
79$121,930,626$38,300,651$26,876,757$88,170,745
80$134,278,595$40,088,428$27,688,174$96,064,069
81$147,883,254$41,961,004$28,523,970$104,715,130
82$162,872,698$43,922,446$29,384,876$114,199,100
83$179,388,085$45,977,017$30,271,640$124,598,717
84$197,584,965$48,129,186$31,185,036$136,005,059
85$217,634,755$50,383,640$32,125,858$148,518,386
86$239,726,352$52,745,290$33,094,926$162,249,071
87$264,067,916$55,219,286$34,093,083$177,318,632
88$290,888,839$57,811,025$35,121,196$193,860,854
89$320,441,904$60,526,169$36,180,160$212,023,042
90$353,005,678$63,370,651$37,270,894$231,967,393
91$388,887,135$66,350,691$38,394,348$253,872,503
92$428,424,560$69,472,813$39,551,496$277,935,041
93$471,990,737$72,743,852$40,743,342$304,371,579
94$519,996,470$76,170,979$41,970,922$333,420,619
95$572,894,463$79,761,709$43,235,301$365,344,820
96$631,183,588$83,523,924$44,537,574$400,433,453
97$695,413,603$87,465,884$45,878,871$439,005,112
98$766,190,331$91,596,253$47,260,354$481,410,690
99$844,181,388$95,924,113$48,683,219$528,036,667
100$930,122,482$100,458,987$50,148,700$579,308,731