Can I retire at age 59 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,026,239
2 years$531,449$521,552$511,959$502,659$493,637$483,164
3 years$350,780$340,840$331,272$322,058$313,184$302,960
4 years$260,463$250,553$241,081$232,025$223,365$213,470
5 years$206,287$196,437$187,089$178,217$169,799$160,262
6 years$170,182$160,405$151,195$142,522$134,356$125,188
7 years$144,402$134,708$125,644$117,175$109,267$100,473
8 years$125,077$115,470$106,556$98,295$90,648$82,227
9 years$110,053$100,537$91,777$83,726$76,339$68,288
10 years$98,042$88,619$80,013$72,172$65,044$57,358
11 years$88,220$78,892$70,442$62,812$55,940$48,613
12 years$80,042$70,809$62,516$55,094$48,477$41,501
13 years$73,127$63,991$55,854$48,640$42,273$35,640
14 years$67,205$58,166$50,185$43,177$37,056$30,758
15 years$62,077$53,136$45,310$38,506$32,627$26,654
16 years$57,595$48,751$41,080$34,478$28,836$23,178
17 years$53,644$44,898$37,381$30,978$25,568$20,215
18 years$50,136$41,488$34,124$27,918$22,734$17,675
19 years$47,001$38,450$31,239$25,226$20,263$15,488
20 years$44,183$35,730$28,670$22,847$18,099$13,597
21 years$41,637$33,281$26,371$20,735$16,197$11,956
22 years$39,325$31,067$24,305$18,853$14,518$10,528
23 years$37,217$29,056$22,441$17,170$13,032$9,282
24 years$35,288$27,224$20,754$15,660$11,714$8,192
25 years$33,516$25,548$19,223$14,302$10,541$7,237
26 years$31,883$24,011$17,828$13,077$9,495$6,398
27 years$30,373$22,597$16,555$11,969$8,560$5,661
28 years$28,974$21,293$15,390$10,966$7,724$5,012
29 years$27,674$20,088$14,322$10,056$6,975$4,440
30 years$26,462$18,971$13,340$9,229$6,302$3,935
31 years$25,331$17,934$12,436$8,476$5,698$3,489
32 years$24,273$16,969$11,603$7,790$5,154$3,094
33 years$23,281$16,070$10,834$7,164$4,664$2,746
34 years$22,349$15,230$10,123$6,591$4,223$2,437
35 years$21,473$14,446$9,464$6,067$3,825$2,164
36 years$20,647$13,711$8,853$5,588$3,466$1,921
37 years$19,868$13,022$8,287$5,149$3,141$1,706
38 years$19,131$12,376$7,760$4,746$2,848$1,516
39 years$18,434$11,768$7,270$4,376$2,582$1,347
40 years$17,773$11,197$6,815$4,036$2,342$1,197
41 years$17,146$10,658$6,390$3,724$2,125$1,064
42 years$16,551$10,150$5,994$3,436$1,928$946
43 years$15,985$9,671$5,624$3,172$1,750$841
44 years$15,446$9,219$5,280$2,929$1,588$747
45 years$14,932$8,791$4,957$2,705$1,442$664
46 years$14,443$8,386$4,656$2,499$1,309$591
47 years$13,975$8,003$4,374$2,309$1,189$525
48 years$13,528$7,640$4,111$2,133$1,080$467
49 years$13,101$7,296$3,864$1,971$981$415
50 years$12,693$6,969$3,632$1,822$891$369

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,000,000, adding $3,397 every year, while hoping to spend $39,383 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: 45/30/25 Blend
58$13,000,000$13,000,000$13,000,000$13,000,000
59$14,329,504$13,640,504$13,439,004$14,870,729
60$15,749,210$14,266,985$13,847,307$15,880,542
61$17,312,406$14,922,845$14,267,969$16,970,909
62$19,033,687$15,609,479$14,701,361$18,152,648
63$20,929,134$16,328,355$15,147,868$19,434,293
64$23,016,468$17,081,006$15,607,884$20,825,218
65$25,315,216$17,869,044$16,081,816$22,335,718
66$27,846,895$18,694,153$16,570,083$23,977,102
67$30,635,214$19,558,103$17,073,118$25,761,796
68$33,706,303$20,462,747$17,591,364$27,703,455
69$37,088,951$21,410,027$18,125,279$29,817,086
70$40,814,884$22,401,978$18,675,336$32,119,185
71$44,919,062$23,440,735$19,242,020$34,627,885
72$49,440,010$24,528,535$19,825,832$37,363,124
73$54,420,180$25,667,722$20,427,285$40,346,825
74$59,906,351$26,860,753$21,046,913$43,603,096
75$65,950,074$28,110,206$21,685,260$47,158,455
76$72,608,156$29,418,779$22,342,889$51,042,066
77$79,943,193$30,789,305$23,020,382$55,286,012
78$88,024,168$32,224,750$23,718,334$59,925,589
79$96,927,096$33,728,225$24,437,360$64,999,633
80$106,735,743$35,302,991$25,178,095$70,550,871
81$117,542,417$36,952,467$25,941,190$76,626,324
82$129,448,840$38,680,235$26,727,317$83,277,739
83$142,567,108$40,490,052$27,537,167$90,562,062
84$157,020,745$42,385,856$28,371,454$98,541,975
85$172,945,874$44,371,776$29,230,911$107,286,469
86$190,492,500$46,452,140$30,116,294$116,871,490
87$209,825,926$48,631,486$31,028,381$127,380,641
88$231,128,312$50,914,570$31,967,973$138,905,958
89$254,600,395$53,306,380$32,935,896$151,548,771
90$280,463,387$55,812,144$33,932,999$165,420,642
91$308,961,056$58,437,343$34,960,159$180,644,410
92$340,362,036$61,187,725$36,018,277$197,355,331
93$374,962,355$64,069,315$37,108,280$215,702,340
94$413,088,233$67,088,429$38,231,125$235,849,447
95$455,099,162$70,251,691$39,387,797$257,977,261
96$501,391,297$73,566,044$40,579,309$282,284,685
97$552,401,199$77,038,770$41,806,705$308,990,768
98$608,609,952$80,677,501$43,071,061$338,336,762
99$670,547,709$84,490,240$44,373,483$370,588,374
100$738,798,693$88,485,379$45,715,112$406,038,256