Can I retire at age 59 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,053,052
2 years$551,890$541,611$531,650$521,992$512,623$489,109
3 years$364,272$353,949$344,013$334,445$325,229$302,392
4 years$270,481$260,190$250,353$240,949$231,956$209,971
5 years$214,222$203,992$194,284$185,072$176,329$155,259
6 years$176,727$166,575$157,011$148,003$139,524$119,390
7 years$149,956$139,889$130,477$121,682$113,470$94,277
8 years$129,887$119,911$110,654$102,076$94,134$75,875
9 years$114,286$104,404$95,307$86,946$79,275$61,936
10 years$101,812$92,027$83,091$74,948$67,546$51,110
11 years$91,613$81,926$73,152$65,227$58,092$42,537
12 years$83,120$73,533$64,920$57,213$50,341$35,644
13 years$75,940$66,452$58,002$50,511$43,898$30,033
14 years$69,790$60,403$52,115$44,838$38,481$25,419
15 years$64,465$55,179$47,053$39,987$33,882$21,594
16 years$59,810$50,626$42,660$35,804$29,945$18,401
17 years$55,707$46,625$38,819$32,170$26,551$15,721
18 years$52,064$43,083$35,437$28,992$23,608$13,460
19 years$48,809$39,929$32,441$26,196$21,042$11,546
20 years$45,882$37,104$29,772$23,726$18,795$9,920
21 years$43,238$34,561$27,385$21,533$16,820$8,534
22 years$40,837$32,261$25,239$19,578$15,077$7,350
23 years$38,649$30,173$23,304$17,830$13,534$6,336
24 years$36,645$28,271$21,552$16,262$12,164$5,467
25 years$34,805$26,531$19,962$14,852$10,946$4,720
26 years$33,109$24,934$18,514$13,580$9,860$4,078
27 years$31,542$23,466$17,192$12,430$8,889$3,525
28 years$30,089$22,112$15,982$11,388$8,021$3,048
29 years$28,738$20,860$14,872$10,443$7,243$2,637
30 years$27,480$19,700$13,853$9,584$6,544$2,282
31 years$26,306$18,623$12,915$8,802$5,917$1,976
32 years$25,207$17,621$12,050$8,090$5,352$1,711
33 years$24,177$16,688$11,251$7,439$4,844$1,482
34 years$23,209$15,816$10,512$6,845$4,385$1,283
35 years$22,299$15,001$9,828$6,301$3,972$1,112
36 years$21,441$14,239$9,194$5,803$3,599$964
37 years$20,632$13,523$8,605$5,347$3,262$835
38 years$19,867$12,852$8,059$4,928$2,957$724
39 years$19,143$12,221$7,550$4,544$2,682$627
40 years$18,457$11,627$7,077$4,191$2,432$544
41 years$17,806$11,068$6,636$3,867$2,207$471
42 years$17,187$10,541$6,224$3,569$2,002$409
43 years$16,600$10,043$5,841$3,294$1,817$354
44 years$16,040$9,573$5,483$3,042$1,649$307
45 years$15,507$9,129$5,148$2,809$1,497$266
46 years$14,998$8,709$4,835$2,595$1,360$231
47 years$14,513$8,311$4,543$2,397$1,235$200
48 years$14,049$7,934$4,269$2,215$1,121$174
49 years$13,605$7,576$4,012$2,047$1,018$151
50 years$13,181$7,237$3,772$1,892$925$131

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,500,000, adding $2,482 every year, while hoping to spend $29,258 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: 80/8/12 Blend
58$13,500,000$13,500,000$13,500,000$13,500,000
59$14,879,560$14,164,060$13,954,810$16,036,915
60$16,366,145$14,826,969$14,391,166$17,460,253
61$18,003,381$15,521,379$14,841,159$19,017,811
62$19,806,603$16,248,805$15,305,216$20,726,220
63$21,792,711$17,010,830$15,783,775$22,600,566
64$23,980,326$17,809,119$16,277,289$24,657,461
65$26,389,967$18,645,414$16,786,226$26,915,201
66$29,044,246$19,521,542$17,311,068$29,393,932
67$31,968,081$20,439,419$17,852,310$32,115,843
68$35,188,929$21,401,054$18,410,466$35,105,374
69$38,737,046$22,408,552$18,986,063$38,389,442
70$42,645,775$23,464,121$19,579,646$41,997,693
71$46,951,857$24,570,076$20,191,777$45,962,783
72$51,695,780$25,728,844$20,823,036$50,320,682
73$56,922,161$26,942,968$21,474,019$55,111,010
74$62,680,165$28,215,117$22,145,342$60,377,414
75$69,023,971$29,548,088$22,837,640$66,167,971
76$76,013,285$30,944,812$23,551,569$72,535,644
77$83,713,897$32,408,366$24,287,805$79,538,778
78$92,198,311$33,941,972$25,047,042$87,241,647
79$101,546,421$35,549,011$25,830,001$95,715,059
80$111,846,271$37,233,027$26,637,420$105,037,024
81$123,194,882$38,997,737$27,470,065$115,293,482
82$135,699,171$40,847,037$28,328,723$126,579,115
83$149,476,956$42,785,012$29,214,206$138,998,237
84$164,658,075$44,815,947$30,127,351$152,665,775
85$181,385,604$46,944,333$31,069,022$167,708,350
86$199,817,212$49,174,881$32,040,111$184,265,467
87$220,126,647$51,512,530$33,041,534$202,490,834
88$242,505,379$53,962,458$34,074,239$222,553,801
89$267,164,404$56,530,096$35,139,203$244,640,961
90$294,336,240$59,221,137$36,237,434$268,957,902
91$324,277,117$62,041,553$37,369,968$295,731,148
92$357,269,399$64,997,605$38,537,877$325,210,289
93$393,624,248$68,095,858$39,742,266$357,670,334
94$433,684,562$71,343,196$40,984,274$393,414,302
95$477,828,214$74,746,839$42,265,073$432,776,076
96$526,471,615$78,314,357$43,585,876$476,123,550
97$580,073,648$82,053,689$44,947,931$523,862,097
98$639,139,999$85,973,158$46,352,526$576,438,388
99$704,227,931$90,081,495$47,800,988$634,344,605
100$775,951,545$94,387,854$49,294,686$698,123,075