Can I retire at age 59 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,056,979
2 years$555,978$545,623$535,588$525,858$516,421$488,890
3 years$366,970$356,571$346,561$336,922$327,638$300,941
4 years$272,485$262,117$252,208$242,734$233,674$208,017
5 years$215,808$205,503$195,723$186,443$177,636$153,088
6 years$178,036$167,809$158,174$149,100$140,557$117,144
7 years$151,067$140,926$131,443$122,583$114,310$92,034
8 years$130,849$120,799$111,474$102,832$94,832$73,682
9 years$115,133$105,177$96,013$87,590$79,862$59,821
10 years$102,567$92,709$83,706$75,503$68,046$49,090
11 years$92,292$82,533$73,693$65,711$58,522$40,623
12 years$83,736$74,077$65,401$57,637$50,714$33,840
13 years$76,502$66,944$58,431$50,885$44,224$28,341
14 years$70,307$60,850$52,501$45,170$38,766$23,840
15 years$64,942$55,588$47,401$40,284$34,133$20,126
16 years$60,253$51,001$42,976$36,070$30,167$17,041
17 years$56,120$46,970$39,107$32,408$26,748$14,464
18 years$52,450$43,402$35,699$29,206$23,783$12,303
19 years$49,170$40,225$32,681$26,390$21,198$10,483
20 years$46,222$37,379$29,993$23,902$18,935$8,945
21 years$43,558$34,817$27,588$21,692$16,944$7,642
22 years$41,140$32,500$25,426$19,723$15,188$6,536
23 years$38,935$30,397$23,477$17,962$13,634$5,595
24 years$36,917$28,480$21,712$16,383$12,254$4,793
25 years$35,063$26,727$20,110$14,962$11,027$4,109
26 years$33,354$25,119$18,651$13,680$9,933$3,524
27 years$31,775$23,640$17,319$12,522$8,955$3,024
28 years$30,311$22,276$16,100$11,473$8,080$2,596
29 years$28,951$21,015$14,983$10,521$7,296$2,230
30 years$27,684$19,846$13,956$9,655$6,593$1,915
31 years$26,500$18,761$13,010$8,868$5,961$1,646
32 years$25,393$17,752$12,139$8,150$5,392$1,414
33 years$24,356$16,811$11,334$7,494$4,880$1,216
34 years$23,381$15,933$10,590$6,895$4,418$1,045
35 years$22,464$15,113$9,901$6,348$4,001$899
36 years$21,600$14,344$9,262$5,846$3,625$773
37 years$20,785$13,624$8,669$5,386$3,286$665
38 years$20,014$12,947$8,118$4,965$2,979$572
39 years$19,284$12,311$7,606$4,578$2,701$492
40 years$18,593$11,713$7,129$4,222$2,450$423
41 years$17,938$11,150$6,685$3,896$2,223$364
42 years$17,315$10,619$6,271$3,595$2,017$313
43 years$16,723$10,118$5,884$3,319$1,831$269
44 years$16,159$9,644$5,523$3,064$1,662$232
45 years$15,622$9,197$5,186$2,830$1,509$199
46 years$15,109$8,773$4,871$2,614$1,370$172
47 years$14,620$8,372$4,576$2,415$1,244$148
48 years$14,153$7,993$4,300$2,232$1,129$127
49 years$13,706$7,632$4,042$2,062$1,026$109
50 years$13,278$7,291$3,800$1,906$932$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,600,000, adding $4,739 every year, while hoping to spend $47,686 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: 65/24/11 Blend
58$13,600,000$13,600,000$13,600,000$13,600,000
59$14,992,088$14,271,288$14,060,488$15,929,839
60$16,470,544$14,919,844$14,480,777$17,204,465
61$18,098,203$15,598,580$14,913,547$18,590,567
62$19,890,236$16,308,927$15,359,167$20,103,831
63$21,863,355$17,052,379$15,818,014$21,756,651
64$24,035,978$17,830,507$16,290,479$23,562,658
65$26,428,400$18,644,953$16,776,961$25,536,848
66$29,062,982$19,497,441$17,277,875$27,695,721
67$31,964,367$20,389,776$17,793,644$30,057,430
68$35,159,707$21,323,850$18,324,706$32,641,950
69$38,678,923$22,301,645$18,871,510$35,471,265
70$42,554,987$23,325,239$19,434,519$38,569,568
71$46,824,229$24,396,810$20,014,209$41,963,485
72$51,526,687$25,518,640$20,611,071$45,682,326
73$56,706,476$26,693,120$21,225,609$49,758,349
74$62,412,212$27,922,758$21,858,343$54,227,069
75$68,697,465$29,210,182$22,509,805$59,127,581
76$75,621,270$30,558,144$23,180,547$64,502,927
77$83,248,678$31,969,531$23,871,133$70,400,494
78$91,651,373$33,447,368$24,582,146$76,872,457
79$100,908,350$34,994,826$25,314,185$83,976,268
80$111,106,658$36,615,229$26,067,867$91,775,187
81$122,342,221$38,312,059$26,843,824$100,338,872
82$134,720,747$40,088,969$27,642,711$109,744,037
83$148,358,720$41,949,785$28,465,199$120,075,159
84$163,384,504$43,898,520$29,311,978$131,425,275
85$179,939,554$45,939,378$30,183,760$143,896,847
86$198,179,749$48,076,768$31,081,277$157,602,726
87$218,276,865$50,315,310$32,005,280$172,667,203
88$240,420,193$52,659,849$32,956,546$189,227,177
89$264,818,333$55,115,461$33,935,870$207,433,435
90$291,701,154$57,687,470$34,944,072$227,452,067
91$321,321,970$60,381,454$35,981,997$249,466,023
92$353,959,929$63,203,264$37,050,513$273,676,828
93$389,922,649$66,159,031$38,150,512$300,306,474
94$429,549,118$69,255,183$39,282,913$329,599,501
95$473,212,900$72,498,458$40,448,662$361,825,298
96$521,325,655$75,895,922$41,648,732$397,280,627
97$574,341,029$79,454,980$42,884,122$436,292,413
98$632,758,937$83,183,397$44,155,863$479,220,816
99$697,130,278$87,089,313$45,465,014$526,462,616
100$768,062,139$91,181,261$46,812,664$578,454,942