Can I retire at age 59 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,031,756
2 years$539,626$529,576$519,835$510,392$501,232$480,333
3 years$356,177$346,083$336,368$327,013$318,002$297,687
4 years$264,470$254,408$244,790$235,594$226,802$207,227
5 years$209,461$199,459$189,967$180,959$172,411$153,633
6 years$172,800$162,873$153,521$144,714$136,423$118,461
7 years$146,624$136,781$127,577$118,978$110,948$93,807
8 years$127,001$117,246$108,195$99,807$92,042$75,717
9 years$111,746$102,084$93,189$85,014$77,513$61,993
10 years$99,550$89,982$81,244$73,283$66,045$51,315
11 years$89,578$80,106$71,526$63,778$56,801$42,843
12 years$81,273$71,899$63,477$55,942$49,222$36,017
13 years$74,252$64,975$56,713$49,388$42,923$30,448
14 years$68,239$59,061$50,957$43,841$37,626$25,858
15 years$63,032$53,953$46,007$39,099$33,129$22,043
16 years$58,481$49,501$41,712$35,009$29,279$18,850
17 years$54,469$45,589$37,956$31,455$25,961$16,163
18 years$50,907$42,126$34,649$28,347$23,083$13,890
19 years$47,724$39,042$31,720$25,614$20,575$11,959
20 years$44,863$36,280$29,111$23,199$18,378$10,313
21 years$42,277$33,793$26,776$21,054$16,446$8,906
22 years$39,930$31,544$24,679$19,143$14,742$7,700
23 years$37,790$29,503$22,786$17,434$13,233$6,664
24 years$35,831$27,642$21,073$15,901$11,894$5,772
25 years$34,032$25,941$19,518$14,522$10,703$5,004
26 years$32,373$24,380$18,102$13,278$9,641$4,340
27 years$30,841$22,945$16,809$12,153$8,692$3,767
28 years$29,420$21,621$15,627$11,135$7,843$3,271
29 years$28,100$20,397$14,542$10,211$7,082$2,841
30 years$26,869$19,262$13,545$9,371$6,399$2,469
31 years$25,721$18,209$12,628$8,607$5,785$2,146
32 years$24,647$17,230$11,782$7,910$5,233$1,866
33 years$23,639$16,317$11,001$7,274$4,736$1,623
34 years$22,693$15,465$10,279$6,693$4,288$1,412
35 years$21,803$14,668$9,610$6,161$3,884$1,228
36 years$20,965$13,922$8,990$5,674$3,519$1,069
37 years$20,173$13,223$8,414$5,228$3,189$930
38 years$19,425$12,566$7,880$4,819$2,891$810
39 years$18,717$11,949$7,382$4,443$2,622$705
40 years$18,046$11,369$6,919$4,098$2,378$614
41 years$17,410$10,822$6,488$3,781$2,158$534
42 years$16,806$10,307$6,086$3,489$1,958$465
43 years$16,231$9,820$5,711$3,221$1,777$405
44 years$15,683$9,361$5,361$2,974$1,613$353
45 years$15,162$8,926$5,034$2,747$1,464$307
46 years$14,665$8,515$4,728$2,537$1,329$267
47 years$14,190$8,126$4,442$2,344$1,207$233
48 years$13,737$7,757$4,174$2,166$1,096$203
49 years$13,303$7,408$3,923$2,002$996$177
50 years$12,888$7,076$3,688$1,850$904$154

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,200,000, adding $2,960 every year, while hoping to spend $53,564 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: 49/26/25 Blend
58$13,200,000$13,200,000$13,200,000$13,200,000
59$14,549,453$13,849,853$13,645,253$15,159,198
60$15,976,506$14,471,504$14,045,378$16,206,978
61$17,547,322$15,121,821$14,457,111$17,339,064
62$19,276,511$15,802,152$14,880,785$18,567,943
63$21,180,166$16,513,908$15,316,743$19,902,780
64$23,276,024$17,258,571$15,765,335$21,353,645
65$25,583,627$18,037,689$16,226,922$22,931,608
66$28,124,509$18,852,888$16,701,876$24,648,837
67$30,922,398$19,705,869$17,190,578$26,518,705
68$34,003,442$20,598,416$17,693,422$28,555,922
69$37,396,452$21,532,397$18,210,810$30,776,657
70$41,133,175$22,509,770$18,743,157$33,198,695
71$45,248,596$23,532,586$19,290,890$35,841,597
72$49,781,265$24,602,994$19,854,447$38,726,880
73$54,773,661$25,723,248$20,434,279$41,878,211
74$60,272,596$26,895,708$21,030,848$45,321,632
75$66,329,650$28,122,847$21,644,630$49,085,793
76$73,001,664$29,407,257$22,276,116$53,202,221
77$80,351,276$30,751,655$22,925,808$57,705,609
78$88,447,507$32,158,887$23,594,223$62,634,138
79$97,366,415$33,631,935$24,281,892$68,029,829
80$107,191,817$35,173,927$24,989,363$73,938,935
81$118,016,071$36,788,138$25,717,195$80,412,366
82$129,940,955$38,478,002$26,465,966$87,506,167
83$143,078,626$40,247,117$27,236,270$95,282,035
84$157,552,676$42,099,256$28,028,714$103,807,893
85$173,499,300$44,038,370$28,843,927$113,158,525
86$191,068,581$46,068,603$29,682,552$123,416,267
87$210,425,908$48,194,297$30,545,249$134,671,784
88$231,753,535$50,420,001$31,432,699$147,024,904
89$255,252,302$52,750,488$32,345,601$160,585,560
90$281,143,529$55,190,755$33,284,671$175,474,810
91$309,671,111$57,746,043$34,250,649$191,825,971
92$341,103,810$60,421,845$35,244,292$209,785,864
93$375,737,801$63,223,918$36,266,378$229,516,190
94$413,899,463$66,158,296$37,317,708$251,195,040
95$455,948,462$69,231,307$38,399,105$275,018,563
96$502,281,143$72,449,579$39,511,413$301,202,806
97$553,334,275$75,820,063$40,655,501$329,985,736
98$609,589,171$79,350,046$41,832,259$361,629,469
99$671,576,232$83,047,163$43,042,606$396,422,732
100$739,879,955$86,919,423$44,287,481$434,683,569