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%13.4%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,069,160
2 years$555,978$545,623$535,588$525,858$516,421$501,012
3 years$366,970$356,571$346,561$336,922$327,638$312,624
4 years$272,485$262,117$252,208$242,734$233,674$219,170
5 years$215,808$205,503$195,723$186,443$177,636$163,682
6 years$178,036$167,809$158,174$149,100$140,557$127,172
7 years$151,067$140,926$131,443$122,583$114,310$101,498
8 years$130,849$120,799$111,474$102,832$94,832$82,591
9 years$115,133$105,177$96,013$87,590$79,862$68,186
10 years$102,567$92,709$83,706$75,503$68,046$56,928
11 years$92,292$82,533$73,693$65,711$58,522$47,949
12 years$83,736$74,077$65,401$57,637$50,714$40,675
13 years$76,502$66,944$58,431$50,885$44,224$34,704
14 years$70,307$60,850$52,501$45,170$38,766$29,752
15 years$64,942$55,588$47,401$40,284$34,133$25,608
16 years$60,253$51,001$42,976$36,070$30,167$22,115
17 years$56,120$46,970$39,107$32,408$26,748$19,152
18 years$52,450$43,402$35,699$29,206$23,783$16,626
19 years$49,170$40,225$32,681$26,390$21,198$14,463
20 years$46,222$37,379$29,993$23,902$18,935$12,604
21 years$43,558$34,817$27,588$21,692$16,944$11,000
22 years$41,140$32,500$25,426$19,723$15,188$9,613
23 years$38,935$30,397$23,477$17,962$13,634$8,411
24 years$36,917$28,480$21,712$16,383$12,254$7,366
25 years$35,063$26,727$20,110$14,962$11,027$6,456
26 years$33,354$25,119$18,651$13,680$9,933$5,663
27 years$31,775$23,640$17,319$12,522$8,955$4,971
28 years$30,311$22,276$16,100$11,473$8,080$4,365
29 years$28,951$21,015$14,983$10,521$7,296$3,836
30 years$27,684$19,846$13,956$9,655$6,593$3,372
31 years$26,500$18,761$13,010$8,868$5,961$2,965
32 years$25,393$17,752$12,139$8,150$5,392$2,608
33 years$24,356$16,811$11,334$7,494$4,880$2,295
34 years$23,381$15,933$10,590$6,895$4,418$2,020
35 years$22,464$15,113$9,901$6,348$4,001$1,778
36 years$21,600$14,344$9,262$5,846$3,625$1,566
37 years$20,785$13,624$8,669$5,386$3,286$1,379
38 years$20,014$12,947$8,118$4,965$2,979$1,215
39 years$19,284$12,311$7,606$4,578$2,701$1,070
40 years$18,593$11,713$7,129$4,222$2,450$943
41 years$17,938$11,150$6,685$3,896$2,223$831
42 years$17,315$10,619$6,271$3,595$2,017$732
43 years$16,723$10,118$5,884$3,319$1,831$645
44 years$16,159$9,644$5,523$3,064$1,662$569
45 years$15,622$9,197$5,186$2,830$1,509$501
46 years$15,109$8,773$4,871$2,614$1,370$442
47 years$14,620$8,372$4,576$2,415$1,244$390
48 years$14,153$7,993$4,300$2,232$1,129$343
49 years$13,706$7,632$4,042$2,062$1,026$303
50 years$13,278$7,291$3,800$1,906$932$267

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 $5,889 every year, while hoping to spend $23,481 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: 67/11/22 Blend
58$13,600,000$13,600,000$13,600,000$13,600,000
59$14,993,275$14,272,475$14,061,675$15,913,745
60$16,497,605$14,946,842$14,507,757$17,206,213
61$18,154,590$15,653,467$14,967,996$18,615,877
62$19,979,776$16,393,904$15,442,842$20,156,955
63$21,990,293$17,169,786$15,932,757$21,842,389
64$24,205,020$17,982,822$16,438,221$23,686,424
65$26,644,757$18,834,806$16,959,727$25,704,738
66$29,332,429$19,727,618$17,497,785$27,914,588
67$32,293,296$20,663,230$18,052,919$30,334,972
68$35,555,193$21,643,709$18,625,673$32,986,805
69$39,148,795$22,671,223$19,216,605$35,893,112
70$43,107,904$23,748,045$19,826,294$39,079,244
71$47,469,769$24,876,558$20,455,333$42,573,114
72$52,275,437$26,059,262$21,104,339$46,405,458
73$57,570,142$27,298,775$21,773,944$50,610,118
74$63,403,729$28,597,848$22,464,804$55,224,365
75$69,831,126$29,959,359$23,177,592$60,289,240
76$76,912,865$31,386,332$23,913,005$65,849,942
77$84,715,649$32,881,934$24,671,763$71,956,250
78$93,312,984$34,449,487$25,454,605$78,662,989
79$102,785,871$36,092,475$26,262,297$86,030,542
80$113,223,574$37,814,550$27,095,628$94,125,415
81$124,724,459$39,619,544$27,955,413$103,020,865
82$137,396,926$41,511,473$28,842,490$112,797,581
83$151,360,426$43,494,550$29,757,728$123,544,443
84$166,746,598$45,573,191$30,702,020$135,359,358
85$183,700,503$47,752,029$31,676,290$148,350,174
86$202,381,997$50,035,922$32,681,489$162,635,697
87$222,967,241$52,429,962$33,718,599$178,346,805
88$245,650,362$54,939,492$34,788,634$195,627,677
89$270,645,286$57,570,114$35,892,640$214,637,146
90$298,187,757$60,327,702$37,031,695$235,550,196
91$328,537,565$63,218,416$38,206,914$258,559,604
92$361,980,995$66,248,717$39,419,444$283,877,752
93$398,833,531$69,425,379$40,670,470$311,738,627
94$439,442,837$72,755,508$41,961,216$342,400,020
95$484,192,032$76,246,554$43,292,943$376,145,951
96$533,503,316$79,906,331$44,666,953$413,289,343
97$587,841,946$83,743,034$46,084,588$454,174,967
98$647,720,638$87,765,255$47,547,235$499,182,688
99$713,704,399$91,982,009$49,056,323$548,731,037
100$786,415,865$96,402,745$50,613,327$603,281,160