Can I retire at age 57 with 13,600,000?

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 $13,600,000?

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$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,045,589
2 years$555,978$545,623$535,588$525,858$516,421$477,656
3 years$366,970$356,571$346,561$336,922$327,638$290,222
4 years$272,485$262,117$252,208$242,734$233,674$197,892
5 years$215,808$205,503$195,723$186,443$177,636$143,581
6 years$178,036$167,809$158,174$149,100$140,557$108,255
7 years$151,067$140,926$131,443$122,583$114,310$83,754
8 years$130,849$120,799$111,474$102,832$94,832$65,995
9 years$115,133$105,177$96,013$87,590$79,862$52,706
10 years$102,567$92,709$83,706$75,503$68,046$42,525
11 years$92,292$82,533$73,693$65,711$58,522$34,583
12 years$83,736$74,077$65,401$57,637$50,714$28,298
13 years$76,502$66,944$58,431$50,885$44,224$23,270
14 years$70,307$60,850$52,501$45,170$38,766$19,212
15 years$64,942$55,588$47,401$40,284$34,133$15,912
16 years$60,253$51,001$42,976$36,070$30,167$13,214
17 years$56,120$46,970$39,107$32,408$26,748$10,996
18 years$52,450$43,402$35,699$29,206$23,783$9,167
19 years$49,170$40,225$32,681$26,390$21,198$7,654
20 years$46,222$37,379$29,993$23,902$18,935$6,398
21 years$43,558$34,817$27,588$21,692$16,944$5,353
22 years$41,140$32,500$25,426$19,723$15,188$4,483
23 years$38,935$30,397$23,477$17,962$13,634$3,757
24 years$36,917$28,480$21,712$16,383$12,254$3,150
25 years$35,063$26,727$20,110$14,962$11,027$2,643
26 years$33,354$25,119$18,651$13,680$9,933$2,218
27 years$31,775$23,640$17,319$12,522$8,955$1,862
28 years$30,311$22,276$16,100$11,473$8,080$1,564
29 years$28,951$21,015$14,983$10,521$7,296$1,313
30 years$27,684$19,846$13,956$9,655$6,593$1,104
31 years$26,500$18,761$13,010$8,868$5,961$927
32 years$25,393$17,752$12,139$8,150$5,392$779
33 years$24,356$16,811$11,334$7,494$4,880$655
34 years$23,381$15,933$10,590$6,895$4,418$551
35 years$22,464$15,113$9,901$6,348$4,001$463
36 years$21,600$14,344$9,262$5,846$3,625$389
37 years$20,785$13,624$8,669$5,386$3,286$327
38 years$20,014$12,947$8,118$4,965$2,979$275
39 years$19,284$12,311$7,606$4,578$2,701$231
40 years$18,593$11,713$7,129$4,222$2,450$195
41 years$17,938$11,150$6,685$3,896$2,223$164
42 years$17,315$10,619$6,271$3,595$2,017$138
43 years$16,723$10,118$5,884$3,319$1,831$116
44 years$16,159$9,644$5,523$3,064$1,662$97
45 years$15,622$9,197$5,186$2,830$1,509$82
46 years$15,109$8,773$4,871$2,614$1,370$69
47 years$14,620$8,372$4,576$2,415$1,244$58
48 years$14,153$7,993$4,300$2,232$1,129$49
49 years$13,706$7,632$4,042$2,062$1,026$41
50 years$13,278$7,291$3,800$1,906$932$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,600,000, adding $6,984 every year, while hoping to spend $49,871 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: 59/23/18 Blend
56$13,600,000$13,600,000$13,600,000$13,600,000
57$14,994,404$14,273,604$14,062,804$15,808,399
58$16,470,771$14,919,948$14,480,846$17,006,685
59$18,096,056$15,596,292$14,911,220$18,306,786
60$19,885,395$16,304,052$15,354,288$19,723,498
61$21,855,469$17,044,714$15,810,420$21,268,092
62$24,024,656$17,819,835$16,279,999$22,952,965
63$26,413,208$18,631,043$16,763,415$24,791,751
64$29,043,441$19,480,050$17,261,075$26,799,446
65$31,939,943$20,368,644$17,773,393$28,992,548
66$35,129,813$21,298,703$18,300,797$31,389,206
67$38,642,907$22,272,192$18,843,726$34,009,390
68$42,512,126$23,291,173$19,402,634$36,875,074
69$46,773,727$24,357,804$19,977,987$40,010,437
70$51,467,660$25,474,350$20,570,262$43,442,091
71$56,637,950$26,643,181$21,179,954$47,199,322
72$62,333,107$27,866,783$21,807,569$51,314,367
73$68,606,590$29,147,761$22,453,628$55,822,708
74$75,517,307$30,488,846$23,118,670$60,763,406
75$83,130,172$31,892,899$23,803,244$66,179,458
76$91,516,716$33,362,918$24,507,920$72,118,203
77$100,755,768$34,902,048$25,233,282$78,631,761
78$110,934,189$36,513,581$25,979,930$85,777,514
79$122,147,702$38,200,972$26,748,483$93,618,647
80$134,501,786$39,967,839$27,539,576$102,224,733
81$148,112,681$41,817,975$28,353,864$111,672,385
82$163,108,476$43,755,357$29,192,020$122,045,970
83$179,630,323$45,784,153$30,054,736$133,438,395
84$197,833,769$47,908,730$30,942,723$145,951,982
85$217,890,224$50,133,667$31,856,714$159,699,418
86$239,988,575$52,463,765$32,797,462$174,804,813
87$264,336,974$54,904,054$33,765,742$191,404,862
88$291,164,802$57,459,809$34,762,350$209,650,124
89$320,724,830$60,136,558$35,788,107$229,706,432
90$353,295,609$62,940,096$36,843,855$251,756,450
91$389,184,098$65,876,498$37,930,462$276,001,384
92$428,728,562$68,952,132$39,048,818$302,662,870
93$472,301,763$72,173,674$40,199,841$331,985,052
94$520,314,482$75,548,123$41,384,475$364,236,876
95$573,219,393$79,082,815$42,603,689$399,714,612
96$631,515,340$82,785,441$43,858,480$438,744,640
97$695,752,041$86,664,064$45,149,876$481,686,513
98$766,535,283$90,727,138$46,478,931$528,936,337
99$844,532,636$94,983,522$47,846,730$580,930,494
100$930,479,759$99,442,508$49,254,389$638,149,742