Can I retire at age 57 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,082,739
2 years$576,418$565,683$555,279$545,191$535,407$493,950
3 years$380,462$369,680$359,302$349,309$339,684$299,690
4 years$282,503$271,754$261,480$251,658$242,265$204,039
5 years$223,742$213,058$202,919$193,297$184,166$147,806
6 years$184,582$173,978$163,989$154,581$145,725$111,257
7 years$156,621$146,107$136,275$127,090$118,513$85,929
8 years$135,660$125,240$115,572$106,613$98,318$67,588
9 years$119,365$109,044$99,543$90,810$82,798$53,880
10 years$106,337$96,117$86,783$78,279$70,548$43,390
11 years$95,685$85,567$76,403$68,126$60,674$35,217
12 years$86,815$76,801$67,805$59,756$52,579$28,760
13 years$79,315$69,405$60,580$52,756$45,849$23,601
14 years$72,892$63,088$54,431$46,831$40,191$19,444
15 years$67,330$57,632$49,144$41,765$35,388$16,070
16 years$62,468$52,876$44,556$37,396$31,276$13,316
17 years$58,183$48,697$40,544$33,600$27,731$11,057
18 years$54,378$44,998$37,012$30,280$24,657$9,197
19 years$50,978$41,704$33,883$27,361$21,978$7,661
20 years$47,921$38,753$31,096$24,780$19,631$6,389
21 years$45,160$36,097$28,602$22,490$17,567$5,334
22 years$42,652$33,695$26,361$20,448$15,747$4,456
23 years$40,366$31,514$24,340$18,623$14,135$3,726
24 years$38,274$29,527$22,510$16,985$12,705$3,116
25 years$36,352$27,710$20,849$15,512$11,433$2,608
26 years$34,581$26,043$19,336$14,183$10,298$2,184
27 years$32,943$24,509$17,956$12,982$9,285$1,829
28 years$31,426$23,095$16,692$11,894$8,378$1,532
29 years$30,015$21,787$15,533$10,907$7,565$1,284
30 years$28,702$20,576$14,469$10,010$6,835$1,076
31 years$27,475$19,451$13,489$9,194$6,180$902
32 years$26,327$18,405$12,585$8,449$5,590$756
33 years$25,251$17,429$11,751$7,770$5,059$634
34 years$24,241$16,519$10,979$7,149$4,580$532
35 years$23,290$15,668$10,265$6,581$4,149$446
36 years$22,394$14,871$9,603$6,061$3,759$374
37 years$21,549$14,124$8,988$5,584$3,407$314
38 years$20,750$13,423$8,417$5,147$3,089$263
39 years$19,993$12,764$7,886$4,746$2,801$221
40 years$19,277$12,144$7,391$4,377$2,540$185
41 years$18,597$11,560$6,931$4,039$2,305$155
42 years$17,951$11,009$6,501$3,727$2,091$130
43 years$17,337$10,490$6,100$3,441$1,898$109
44 years$16,753$9,999$5,726$3,177$1,723$92
45 years$16,196$9,535$5,377$2,934$1,564$77
46 years$15,665$9,096$5,050$2,710$1,420$64
47 years$15,158$8,680$4,744$2,504$1,289$54
48 years$14,673$8,286$4,458$2,314$1,171$45
49 years$14,210$7,913$4,191$2,138$1,064$38
50 years$13,767$7,559$3,940$1,976$966$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $14,100,000, adding $2,632 every year, while hoping to spend $56,424 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: 53/42/5 Blend
56$14,100,000$14,100,000$14,100,000$14,100,000
57$15,540,915$14,793,615$14,575,065$16,347,557
58$17,066,054$15,458,467$15,003,295$17,558,168
59$18,744,865$16,154,006$15,443,979$18,868,052
60$20,592,965$16,881,676$15,897,476$20,291,633
61$22,627,559$17,642,990$16,364,153$21,839,646
62$24,867,606$18,439,532$16,844,388$23,523,883
63$27,333,997$19,272,965$17,338,570$25,357,297
64$30,049,751$20,145,027$17,847,099$27,354,121
65$33,040,235$21,057,542$18,370,386$29,529,993
66$36,333,398$22,012,421$18,908,853$31,902,103
67$39,960,040$23,011,665$19,462,935$34,489,344
68$43,954,100$24,057,372$20,033,079$37,312,485
69$48,352,975$25,151,740$20,619,745$40,394,362
70$53,197,875$26,297,073$21,223,403$43,760,082
71$58,534,212$27,495,782$21,844,540$47,437,257
72$64,412,025$28,750,399$22,483,655$51,456,253
73$70,886,455$30,063,572$23,141,262$55,850,472
74$78,018,266$31,438,080$23,817,886$60,656,652
75$85,874,415$32,876,832$24,514,072$65,915,213
76$94,528,688$34,382,879$25,230,376$71,670,621
77$104,062,392$35,959,417$25,967,371$77,971,804
78$114,565,124$37,609,797$26,725,646$84,872,598
79$126,135,619$39,337,530$27,505,807$92,432,248
80$138,882,677$41,146,293$28,308,477$100,715,955
81$152,926,193$43,039,945$29,134,294$109,795,476
82$168,398,289$45,022,527$29,983,917$119,749,793
83$185,444,558$47,098,274$30,858,022$130,665,843
84$204,225,440$49,271,626$31,757,303$142,639,324
85$224,917,737$51,547,238$32,682,474$155,775,587
86$247,716,278$53,929,985$33,634,269$170,190,611
87$272,835,765$56,424,980$34,613,443$186,012,086
88$300,512,790$59,037,581$35,620,771$203,380,598
89$331,008,077$61,773,405$36,657,049$222,450,940
90$364,608,937$64,638,338$37,723,097$243,393,556
91$401,631,983$67,638,551$38,819,755$266,396,129
92$442,426,117$70,780,512$39,947,888$291,665,334
93$487,375,825$74,071,001$41,108,386$319,428,767
94$536,904,803$77,517,124$42,302,161$349,937,071
95$591,479,961$81,126,332$43,530,152$383,466,280
96$651,615,828$84,906,433$44,793,323$420,320,400
97$717,879,408$88,865,613$46,092,665$460,834,255
98$790,895,534$93,012,455$47,429,196$505,376,618
99$871,352,767$97,355,953$48,803,962$554,353,668
100$960,009,893$101,905,539$50,218,038$608,212,792