Can I retire at age 57 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,100,719
2 years$584,594$573,707$563,155$552,924$543,001$503,531
3 years$385,858$374,924$364,399$354,264$344,502$306,385
4 years$286,510$275,609$265,189$255,227$245,702$209,230
5 years$226,916$216,081$205,797$196,039$186,779$152,047
6 years$187,200$176,446$166,315$156,774$147,792$114,828
7 years$158,843$148,179$138,208$128,893$120,194$88,991
8 years$137,584$127,017$117,212$108,125$99,713$70,246
9 years$121,058$110,591$100,954$92,098$83,972$56,205
10 years$107,846$97,481$88,014$79,390$71,549$45,434
11 years$97,042$86,781$77,486$69,093$61,534$37,021
12 years$88,046$77,890$68,767$60,604$53,324$30,354
13 years$80,440$70,390$61,439$53,504$46,500$25,012
14 years$73,925$63,982$55,203$47,495$40,761$20,693
15 years$68,285$58,449$49,841$42,357$35,890$17,175
16 years$63,354$53,626$45,188$37,926$31,719$14,294
17 years$59,008$49,388$41,120$34,076$28,125$11,921
18 years$55,150$45,636$37,537$30,710$25,007$9,961
19 years$51,701$42,295$34,363$27,749$22,289$8,335
20 years$48,601$39,303$31,537$25,132$19,909$6,983
21 years$45,800$36,609$29,008$22,809$17,817$5,857
22 years$43,257$34,173$26,735$20,738$15,970$4,916
23 years$40,939$31,961$24,685$18,887$14,336$4,130
24 years$38,817$29,946$22,830$17,226$12,885$3,471
25 years$36,868$28,103$21,145$15,732$11,595$2,919
26 years$35,071$26,412$19,611$14,384$10,444$2,456
27 years$33,411$24,857$18,210$13,166$9,416$2,067
28 years$31,872$23,422$16,929$12,063$8,496$1,740
29 years$30,441$22,096$15,754$11,062$7,672$1,465
30 years$29,109$20,868$14,674$10,152$6,932$1,234
31 years$27,864$19,727$13,680$9,324$6,267$1,039
32 years$26,700$18,666$12,764$8,569$5,669$876
33 years$25,609$17,677$11,918$7,880$5,131$738
34 years$24,584$16,753$11,135$7,250$4,645$622
35 years$23,620$15,890$10,411$6,674$4,207$524
36 years$22,712$15,082$9,739$6,147$3,812$442
37 years$21,854$14,325$9,115$5,663$3,455$372
38 years$21,044$13,614$8,536$5,220$3,132$314
39 years$20,277$12,945$7,997$4,813$2,840$265
40 years$19,550$12,316$7,496$4,440$2,576$223
41 years$18,861$11,724$7,029$4,096$2,337$188
42 years$18,206$11,165$6,593$3,780$2,121$158
43 years$17,583$10,638$6,187$3,490$1,925$134
44 years$16,990$10,141$5,808$3,222$1,747$113
45 years$16,426$9,670$5,453$2,976$1,586$95
46 years$15,887$9,225$5,122$2,749$1,440$80
47 years$15,373$8,803$4,812$2,539$1,308$68
48 years$14,881$8,404$4,522$2,346$1,188$57
49 years$14,411$8,025$4,250$2,169$1,079$48
50 years$13,962$7,666$3,996$2,004$980$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $14,300,000, adding $3,259 every year, while hoping to spend $44,501 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: 73/12/15 Blend
56$14,300,000$14,300,000$14,300,000$14,300,000
57$15,761,962$15,004,062$14,782,412$16,859,935
58$17,322,333$15,691,912$15,230,274$18,275,537
59$19,040,371$16,411,975$15,691,648$19,819,923
60$20,932,110$17,165,784$16,166,939$21,510,454
61$23,015,220$17,954,941$16,656,566$23,361,612
62$25,309,169$18,781,131$17,160,959$25,389,337
63$27,835,414$19,646,115$17,680,560$27,611,179
64$30,617,593$20,551,742$18,215,826$30,046,459
65$33,681,759$21,499,949$18,767,227$32,716,452
66$37,056,616$22,492,764$19,335,247$35,644,581
67$40,773,797$23,532,315$19,920,383$38,856,637
68$44,868,158$24,620,833$20,523,151$42,381,022
69$49,378,111$25,760,655$21,144,077$46,249,012
70$54,345,981$26,954,230$21,783,706$50,495,050
71$59,818,410$28,204,126$22,442,599$55,157,067
72$65,846,795$29,513,035$23,121,333$60,276,838
73$72,487,772$30,883,778$23,820,502$65,900,373
74$79,803,754$32,319,312$24,540,718$72,078,347
75$87,863,517$33,822,738$25,282,612$78,866,576
76$96,742,848$35,397,305$26,046,832$86,326,538
77$106,525,265$37,046,419$26,834,047$94,525,952
78$117,302,799$38,773,651$27,644,945$103,539,410
79$129,176,869$40,582,743$28,480,235$113,449,080
80$142,259,233$42,477,621$29,340,646$124,345,476
81$156,673,047$44,462,397$30,226,930$136,328,304
82$172,554,026$46,541,383$31,139,861$149,507,407
83$190,051,726$48,719,100$32,080,235$164,003,787
84$209,330,953$51,000,287$33,048,874$179,950,749
85$230,573,320$53,389,911$34,046,621$197,495,151
86$253,978,963$55,893,181$35,074,347$216,798,783
87$279,768,427$58,515,557$36,132,948$238,039,893
88$308,184,750$61,262,763$37,223,345$261,414,859
89$339,495,757$64,140,800$38,346,489$287,140,036
90$373,996,585$67,155,960$39,503,357$315,453,797
91$412,012,474$70,314,839$40,694,957$346,618,770
92$453,901,833$73,624,353$41,922,325$380,924,313
93$500,059,625$77,091,752$43,186,528$418,689,235
94$550,921,096$80,724,637$44,488,666$460,264,802
95$606,965,882$84,530,978$45,829,870$506,038,042
96$668,722,537$88,519,131$47,211,306$556,435,388
97$736,773,524$92,697,857$48,634,173$611,926,697
98$811,760,713$97,076,341$50,099,707$673,029,675
99$894,391,438$101,664,214$51,609,180$740,314,756
100$985,445,177$106,471,573$53,163,900$814,410,472