Can I retire at age 57 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,065,632
2 years$564,154$553,647$543,464$533,591$524,015$489,271
3 years$372,367$361,815$351,657$341,877$332,457$298,858
4 years$276,492$265,972$255,917$246,303$237,111$204,915
5 years$218,982$208,525$198,602$189,185$180,248$149,541
6 years$180,655$170,277$160,500$151,292$142,624$113,432
7 years$153,289$142,998$133,376$124,386$115,992$88,312
8 years$132,774$122,576$113,113$104,344$96,226$70,040
9 years$116,826$106,724$97,425$88,878$81,036$56,315
10 years$104,075$94,072$84,937$76,614$69,047$45,753
11 years$93,649$83,747$74,777$66,677$59,383$37,474
12 years$84,967$75,167$66,363$58,485$51,460$30,889
13 years$77,627$67,929$59,291$51,633$44,874$25,592
14 years$71,341$61,745$53,273$45,834$39,336$21,291
15 years$65,897$56,405$48,098$40,876$34,635$17,772
16 years$61,139$51,751$43,608$36,600$30,610$14,876
17 years$56,945$47,661$39,682$32,885$27,141$12,480
18 years$53,221$44,041$36,224$29,636$24,133$10,490
19 years$49,893$40,816$33,162$26,779$21,510$8,831
20 years$46,902$37,929$30,434$24,253$19,213$7,445
21 years$44,199$35,329$27,994$22,011$17,194$6,282
22 years$41,745$32,978$25,800$20,013$15,412$5,307
23 years$39,507$30,844$23,822$18,226$13,834$4,486
24 years$37,460$28,899$22,031$16,624$12,435$3,794
25 years$35,579$27,120$20,405$15,182$11,189$3,211
26 years$33,845$25,489$18,925$13,881$10,079$2,719
27 years$32,243$23,988$17,574$12,706$9,087$2,303
28 years$30,757$22,603$16,337$11,641$8,199$1,952
29 years$29,377$21,324$15,203$10,675$7,404$1,654
30 years$28,091$20,138$14,161$9,797$6,690$1,402
31 years$26,890$19,037$13,202$8,998$6,048$1,189
32 years$25,767$18,013$12,318$8,269$5,471$1,009
33 years$24,714$17,059$11,501$7,604$4,951$855
34 years$23,725$16,168$10,746$6,997$4,483$726
35 years$22,794$15,335$10,047$6,441$4,060$616
36 years$21,918$14,555$9,398$5,932$3,679$522
37 years$21,090$13,824$8,797$5,465$3,334$443
38 years$20,308$13,138$8,238$5,038$3,023$376
39 years$19,568$12,493$7,718$4,645$2,741$319
40 years$18,867$11,886$7,234$4,284$2,486$271
41 years$18,201$11,314$6,783$3,953$2,256$230
42 years$17,569$10,775$6,363$3,648$2,047$195
43 years$16,968$10,266$5,971$3,367$1,858$166
44 years$16,396$9,786$5,604$3,109$1,686$141
45 years$15,851$9,332$5,262$2,872$1,531$119
46 years$15,331$8,902$4,943$2,652$1,390$101
47 years$14,835$8,496$4,643$2,451$1,262$86
48 years$14,361$8,110$4,364$2,264$1,146$73
49 years$13,908$7,745$4,101$2,093$1,041$62
50 years$13,474$7,398$3,856$1,934$945$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,800,000, adding $5,382 every year, while hoping to spend $31,022 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: 65/27/8 Blend
56$13,800,000$13,800,000$13,800,000$13,800,000
57$15,213,152$14,481,752$14,267,852$16,178,057
58$16,731,886$15,158,350$14,712,817$17,497,519
59$18,404,491$15,867,062$15,171,650$18,934,356
60$20,246,630$16,609,429$15,644,781$20,503,347
61$22,275,561$17,387,066$16,132,655$22,217,349
62$24,510,301$18,201,665$16,635,733$24,090,501
63$26,971,808$19,055,003$17,154,486$26,138,356
64$29,683,175$19,948,940$17,689,403$28,378,025
65$32,669,848$20,885,428$18,240,988$30,828,328
66$35,959,870$21,866,512$18,809,759$33,509,976
67$39,584,143$22,894,336$19,396,251$36,445,753
68$43,576,716$23,971,149$20,001,016$39,660,735
69$47,975,114$25,099,309$20,624,624$43,182,512
70$52,820,686$26,281,286$21,267,659$47,041,453
71$58,158,998$27,519,671$21,930,728$51,270,981
72$64,040,262$28,817,181$22,614,453$55,907,882
73$70,519,810$30,176,664$23,319,478$60,992,652
74$77,658,616$31,601,106$24,046,466$66,569,867
75$85,523,873$33,093,637$24,796,101$72,688,600
76$94,189,624$34,657,542$25,569,086$79,402,877
77$103,737,465$36,296,260$26,366,150$86,772,181
78$114,257,311$38,013,402$27,188,040$94,862,001
79$125,848,248$39,812,750$28,035,531$103,744,448
80$138,619,467$41,698,272$28,909,419$113,498,925
81$152,691,293$43,674,128$29,810,525$124,212,868
82$168,196,323$45,744,678$30,739,696$135,982,561
83$185,280,677$47,914,497$31,697,805$148,914,039
84$204,105,379$50,188,380$32,685,754$163,124,073
85$224,847,871$52,571,354$33,704,470$178,741,269
86$247,703,695$55,068,691$34,754,911$195,907,265
87$272,888,335$57,685,921$35,838,064$214,778,059
88$300,639,253$60,428,839$36,954,947$235,525,472
89$331,218,128$63,303,523$38,106,609$258,338,754
90$364,913,330$66,316,348$39,294,133$283,426,357
91$402,042,636$69,473,996$40,518,633$311,017,892
92$442,956,239$72,783,476$41,781,261$341,366,282
93$488,040,045$76,252,135$43,083,202$374,750,130
94$537,719,320$79,887,680$44,425,680$411,476,339
95$592,462,706$83,698,192$45,809,956$451,882,991
96$652,786,641$87,692,143$47,237,329$496,342,517
97$719,260,240$91,878,419$48,709,141$545,265,202
98$792,510,660$96,266,337$50,226,773$599,103,032
99$873,229,028$100,865,669$51,791,651$658,353,948
100$962,176,962$105,686,660$53,405,244$723,566,518