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

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 $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%14.8%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,055,205
2 years$551,890$541,611$531,650$521,992$512,623$491,250
3 years$364,272$353,949$344,013$334,445$325,229$304,453
4 years$270,481$260,190$250,353$240,949$231,956$211,937
5 years$214,222$203,992$194,284$185,072$176,329$157,124
6 years$176,727$166,575$157,011$148,003$139,524$121,153
7 years$149,956$139,889$130,477$121,682$113,470$95,939
8 years$129,887$119,911$110,654$102,076$94,134$77,438
9 years$114,286$104,404$95,307$86,946$79,275$63,402
10 years$101,812$92,027$83,091$74,948$67,546$52,481
11 years$91,613$81,926$73,152$65,227$58,092$43,817
12 years$83,120$73,533$64,920$57,213$50,341$36,836
13 years$75,940$66,452$58,002$50,511$43,898$31,140
14 years$69,790$60,403$52,115$44,838$38,481$26,446
15 years$64,465$55,179$47,053$39,987$33,882$22,544
16 years$59,810$50,626$42,660$35,804$29,945$19,279
17 years$55,707$46,625$38,819$32,170$26,551$16,530
18 years$52,064$43,083$35,437$28,992$23,608$14,205
19 years$48,809$39,929$32,441$26,196$21,042$12,231
20 years$45,882$37,104$29,772$23,726$18,795$10,547
21 years$43,238$34,561$27,385$21,533$16,820$9,108
22 years$40,837$32,261$25,239$19,578$15,077$7,875
23 years$38,649$30,173$23,304$17,830$13,534$6,815
24 years$36,645$28,271$21,552$16,262$12,164$5,903
25 years$34,805$26,531$19,962$14,852$10,946$5,117
26 years$33,109$24,934$18,514$13,580$9,860$4,439
27 years$31,542$23,466$17,192$12,430$8,889$3,853
28 years$30,089$22,112$15,982$11,388$8,021$3,345
29 years$28,738$20,860$14,872$10,443$7,243$2,906
30 years$27,480$19,700$13,853$9,584$6,544$2,525
31 years$26,306$18,623$12,915$8,802$5,917$2,195
32 years$25,207$17,621$12,050$8,090$5,352$1,909
33 years$24,177$16,688$11,251$7,439$4,844$1,660
34 years$23,209$15,816$10,512$6,845$4,385$1,444
35 years$22,299$15,001$9,828$6,301$3,972$1,256
36 years$21,441$14,239$9,194$5,803$3,599$1,093
37 years$20,632$13,523$8,605$5,347$3,262$951
38 years$19,867$12,852$8,059$4,928$2,957$828
39 years$19,143$12,221$7,550$4,544$2,682$721
40 years$18,457$11,627$7,077$4,191$2,432$628
41 years$17,806$11,068$6,636$3,867$2,207$546
42 years$17,187$10,541$6,224$3,569$2,002$476
43 years$16,600$10,043$5,841$3,294$1,817$414
44 years$16,040$9,573$5,483$3,042$1,649$361
45 years$15,507$9,129$5,148$2,809$1,497$314
46 years$14,998$8,709$4,835$2,595$1,360$274
47 years$14,513$8,311$4,543$2,397$1,235$238
48 years$14,049$7,934$4,269$2,215$1,121$207
49 years$13,605$7,576$4,012$2,047$1,018$181
50 years$13,181$7,237$3,772$1,892$925$157

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 $2,835 every year, while hoping to spend $50,986 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: 71/13/16 Blend
58$13,500,000$13,500,000$13,500,000$13,500,000
59$14,879,924$14,164,424$13,955,174$15,881,334
60$16,343,428$14,804,232$14,368,424$17,186,806
61$17,954,500$15,473,682$14,793,809$18,609,119
62$19,728,139$16,174,172$15,231,681$20,164,930
63$21,680,871$16,907,169$15,682,404$21,867,430
64$23,830,905$17,674,206$16,146,351$23,731,137
65$26,198,309$18,476,894$16,623,905$25,772,035
66$28,805,193$19,316,918$17,115,462$28,007,719
67$31,675,921$20,196,044$17,621,428$30,457,560
68$34,837,339$21,116,125$18,142,220$33,142,885
69$38,319,032$22,079,100$18,678,269$36,087,178
70$42,153,599$23,087,001$19,230,017$39,316,294
71$46,376,962$24,141,960$19,797,918$42,858,706
72$51,028,704$25,246,207$20,382,440$46,745,767
73$56,152,444$26,402,084$20,984,064$51,012,004
74$61,796,248$27,612,041$21,603,285$55,695,441
75$68,013,082$28,878,648$22,240,612$60,837,954
76$74,861,313$30,204,598$22,896,569$66,485,664
77$82,405,256$31,592,713$23,571,693$72,689,368
78$90,715,786$33,045,950$24,266,539$79,505,014
79$99,871,004$34,567,409$24,981,675$86,994,228
80$109,956,974$36,160,339$25,717,689$95,224,886
81$121,068,535$37,828,145$26,475,181$104,271,759
82$133,310,197$39,574,397$27,254,772$114,217,206
83$146,797,129$41,402,833$28,057,098$125,151,952
84$161,656,240$43,317,376$28,882,815$137,175,938
85$178,027,383$45,322,134$29,732,596$150,399,259
86$196,064,673$47,421,415$30,607,134$164,943,200
87$215,937,938$49,619,734$31,507,142$180,941,372
88$237,834,329$51,921,822$32,433,352$198,540,972
89$261,960,079$54,332,640$33,386,518$217,904,163
90$288,542,455$56,857,387$34,367,415$239,209,601
91$317,831,901$59,501,514$35,376,838$262,654,111
92$350,104,401$62,270,735$36,415,608$288,454,546
93$385,664,086$65,171,036$37,484,567$316,849,820
94$424,846,103$68,208,698$38,584,580$348,103,158
95$468,019,781$71,390,299$39,716,539$382,504,575
96$515,592,114$74,722,739$40,881,359$420,373,605
97$568,011,606$78,213,250$42,079,981$462,062,309
98$625,772,503$81,869,412$43,313,373$507,958,587
99$689,419,458$85,699,173$44,582,531$558,489,838
100$759,552,675$89,710,865$45,888,478$614,126,977