Can I retire at age 57 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,235,993
2 years$645,915$633,886$622,227$610,924$599,959$575,952
3 years$426,333$414,251$402,622$391,425$380,639$357,294
4 years$316,563$304,519$293,006$281,999$271,475$248,972
5 years$250,719$238,746$227,385$216,603$206,371$184,775
6 years$206,836$194,954$183,761$173,219$163,294$142,629
7 years$175,504$163,722$152,706$142,413$132,802$113,072
8 years$152,016$140,340$129,507$119,467$110,172$91,373
9 years$133,757$122,191$111,544$101,759$92,781$74,900
10 years$119,158$107,706$97,247$87,717$79,054$62,075
11 years$107,222$95,884$85,614$76,340$67,989$51,893
12 years$97,282$86,060$75,981$66,961$58,918$43,681
13 years$88,877$77,773$67,884$59,116$51,377$36,976
14 years$81,680$70,694$60,994$52,477$45,037$31,445
15 years$75,448$64,580$55,069$46,800$39,654$26,843
16 years$70,000$59,251$49,928$41,904$35,047$22,987
17 years$65,198$54,568$45,433$37,651$31,075$19,738
18 years$60,935$50,423$41,474$33,931$27,630$16,987
19 years$57,124$46,732$37,968$30,659$24,627$14,647
20 years$53,699$43,425$34,845$27,768$21,998$12,650
21 years$50,604$40,449$32,051$25,201$19,685$10,941
22 years$47,795$37,758$29,540$22,914$17,645$9,474
23 years$45,233$35,314$27,275$20,868$15,839$8,212
24 years$42,889$33,087$25,224$19,033$14,237$7,124
25 years$40,735$31,051$23,363$17,382$12,811$6,186
26 years$38,750$29,182$21,668$15,893$11,540$5,374
27 years$36,915$27,464$20,120$14,547$10,404$4,672
28 years$35,215$25,879$18,705$13,328$9,388$4,063
29 years$33,634$24,414$17,406$12,222$8,477$3,535
30 years$32,162$23,057$16,213$11,217$7,659$3,077
31 years$30,787$21,796$15,115$10,302$6,925$2,679
32 years$29,501$20,624$14,103$9,468$6,264$2,334
33 years$28,295$19,531$13,168$8,707$5,669$2,033
34 years$27,163$18,511$12,303$8,011$5,133$1,771
35 years$26,098$17,557$11,503$7,374$4,649$1,544
36 years$25,094$16,664$10,760$6,792$4,212$1,346
37 years$24,147$15,827$10,072$6,258$3,817$1,173
38 years$23,251$15,042$9,432$5,768$3,461$1,023
39 years$22,404$14,303$8,836$5,318$3,138$892
40 years$21,601$13,608$8,282$4,905$2,847$778
41 years$20,839$12,954$7,766$4,526$2,583$678
42 years$20,116$12,337$7,285$4,177$2,343$592
43 years$19,428$11,754$6,836$3,856$2,127$516
44 years$18,773$11,204$6,417$3,560$1,930$450
45 years$18,149$10,684$6,025$3,288$1,753$393
46 years$17,553$10,192$5,659$3,037$1,591$343
47 years$16,985$9,727$5,316$2,806$1,445$299
48 years$16,442$9,285$4,996$2,593$1,312$261
49 years$15,923$8,867$4,696$2,396$1,192$227
50 years$15,426$8,470$4,415$2,215$1,082$198

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $15,800,000, adding $2,639 every year, while hoping to spend $58,291 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: 50/39/11 Blend
56$15,800,000$15,800,000$15,800,000$15,800,000
57$17,414,322$16,576,922$16,332,022$18,233,581
58$19,128,562$17,327,170$16,817,124$19,544,988
59$21,015,700$18,112,227$17,316,523$20,962,894
60$23,093,312$18,933,736$17,830,636$22,502,341
61$25,380,761$19,793,420$18,359,894$24,174,753
62$27,899,385$20,693,085$18,904,737$25,992,676
63$30,672,698$21,634,621$19,465,621$27,969,890
64$33,726,607$22,620,012$20,043,013$30,121,537
65$37,089,662$23,651,333$20,637,395$32,464,250
66$40,793,321$24,730,762$21,249,261$35,016,310
67$44,872,249$25,860,579$21,879,121$37,797,809
68$49,364,646$27,043,174$22,527,499$40,830,832
69$54,312,602$28,281,052$23,194,933$44,139,659
70$59,762,503$29,576,839$23,881,978$47,750,983
71$65,765,458$30,933,284$24,589,204$51,694,157
72$72,377,792$32,353,272$25,317,199$56,001,461
73$79,661,567$33,839,823$26,066,566$60,708,399
74$87,685,176$35,396,104$26,837,926$65,854,019
75$96,523,985$37,025,433$27,631,917$71,481,280
76$106,261,042$38,731,290$28,449,197$77,637,438
77$116,987,865$40,517,320$29,290,442$84,374,489
78$128,805,302$42,387,343$30,156,346$91,749,642
79$141,824,485$44,345,365$31,047,626$99,825,851
80$156,167,877$46,395,583$31,965,016$108,672,395
81$171,970,430$48,542,396$32,909,273$118,365,518
82$189,380,857$50,790,416$33,881,177$128,989,135
83$208,563,034$53,144,476$34,881,526$140,635,613
84$229,697,552$55,609,644$35,911,145$153,406,622
85$252,983,414$58,191,228$36,970,881$167,414,083
86$278,639,921$60,894,797$38,061,604$182,781,207
87$306,908,736$63,726,185$39,184,210$199,643,640
88$338,056,167$66,691,509$40,339,622$218,150,726
89$372,375,683$69,797,179$41,528,786$238,466,896
90$410,190,680$73,049,918$42,752,678$260,773,202
91$451,857,536$76,456,771$44,012,299$285,269,006
92$497,768,974$80,025,122$45,308,680$312,173,837
93$548,357,771$83,762,715$46,642,883$341,729,444
94$604,100,841$87,677,665$48,015,997$374,202,050
95$665,523,737$91,778,481$49,429,143$409,884,844
96$733,205,614$96,074,082$50,883,475$449,100,722
97$807,784,693$100,573,819$52,380,178$492,205,303
98$889,964,290$105,287,495$53,920,472$539,590,264
99$980,519,451$110,225,385$55,505,612$591,687,004
100$1,080,304,271$115,398,265$57,136,885$648,970,681