Can I retire at age 59 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,080,599
2 years$560,066$549,635$539,526$529,725$520,218$508,278
3 years$369,668$359,193$349,109$339,400$330,048$318,397
4 years$274,488$264,045$254,062$244,518$235,393$224,121
5 years$217,395$207,014$197,163$187,814$178,942$168,082
6 years$179,346$169,043$159,337$150,196$141,591$131,155
7 years$152,178$141,962$132,410$123,484$115,151$105,145
8 years$131,811$121,687$112,294$103,588$95,529$85,952
9 years$115,979$105,951$96,719$88,234$80,449$71,297
10 years$103,321$93,390$84,321$76,059$68,547$59,814
11 years$92,971$83,140$74,235$66,194$58,952$50,632
12 years$84,352$74,622$65,882$58,061$51,087$43,170
13 years$77,065$67,437$58,861$51,259$44,549$37,026
14 years$70,824$61,298$52,887$45,502$39,051$31,911
15 years$65,420$55,997$47,750$40,580$34,384$27,616
16 years$60,696$51,376$43,292$36,335$30,388$23,982
17 years$56,533$47,315$39,394$32,647$26,945$20,886
18 years$52,836$43,721$35,962$29,421$23,958$18,236
19 years$49,532$40,521$32,921$26,584$21,354$15,956
20 years$46,562$37,654$30,214$24,077$19,074$13,987
21 years$43,878$35,073$27,791$21,852$17,069$12,281
22 years$41,442$32,739$25,613$19,868$15,300$10,798
23 years$39,221$30,620$23,649$18,094$13,734$9,505
24 years$37,188$28,689$21,872$16,503$12,345$8,376
25 years$35,321$26,924$20,258$15,072$11,108$7,388
26 years$33,600$25,304$18,788$13,781$10,006$6,522
27 years$32,009$23,814$17,446$12,614$9,021$5,761
28 years$30,534$22,440$16,219$11,557$8,140$5,092
29 years$29,164$21,169$15,093$10,598$7,350$4,504
30 years$27,887$19,992$14,058$9,726$6,641$3,985
31 years$26,695$18,899$13,106$8,933$6,004$3,527
32 years$25,580$17,882$12,228$8,210$5,431$3,124
33 years$24,535$16,935$11,418$7,549$4,915$2,767
34 years$23,553$16,051$10,668$6,946$4,450$2,452
35 years$22,629$15,224$9,974$6,394$4,031$2,173
36 years$21,759$14,449$9,330$5,889$3,652$1,926
37 years$20,937$13,724$8,733$5,426$3,310$1,708
38 years$20,161$13,042$8,178$5,001$3,001$1,515
39 years$19,426$12,402$7,662$4,611$2,721$1,344
40 years$18,730$11,800$7,182$4,253$2,468$1,192
41 years$18,070$11,232$6,734$3,924$2,239$1,058
42 years$17,442$10,697$6,317$3,622$2,032$938
43 years$16,845$10,192$5,927$3,343$1,844$833
44 years$16,278$9,715$5,564$3,087$1,674$739
45 years$15,736$9,264$5,224$2,851$1,520$656
46 years$15,220$8,838$4,907$2,633$1,380$582
47 years$14,728$8,434$4,610$2,433$1,253$517
48 years$14,257$8,051$4,332$2,248$1,138$459
49 years$13,807$7,689$4,072$2,078$1,033$407
50 years$13,376$7,344$3,828$1,920$939$362

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,700,000, adding $5,747 every year, while hoping to spend $58,295 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: 58/32/10 Blend
58$13,700,000$13,700,000$13,700,000$13,700,000
59$15,103,328$14,377,228$14,164,878$15,943,068
60$16,581,842$15,019,687$14,577,376$17,151,680
61$18,209,211$15,691,672$15,001,739$18,461,412
62$20,000,556$16,394,570$15,438,303$19,887,593
63$21,972,539$17,129,830$15,887,412$21,441,396
64$24,143,520$17,898,974$16,349,423$23,135,103
65$26,533,730$18,703,594$16,824,699$24,982,217
66$29,165,459$19,545,359$17,313,615$26,997,585
67$32,063,271$20,426,017$17,816,557$29,197,533
68$35,254,233$21,347,400$18,333,920$31,600,017
69$38,768,169$22,311,427$18,866,110$34,224,786
70$42,637,943$23,320,108$19,413,546$37,093,564
71$46,899,770$24,375,550$19,976,656$40,230,250
72$51,593,555$25,479,960$20,555,883$43,661,137
73$56,763,272$26,635,652$21,151,679$47,415,153
74$62,457,375$27,845,049$21,764,510$51,524,131
75$68,729,262$29,110,691$22,394,855$56,023,102
76$75,637,769$30,435,237$23,043,205$60,950,618
77$83,247,735$31,821,477$23,710,066$66,349,108
78$91,630,607$33,272,333$24,395,957$72,265,273
79$100,865,118$34,790,866$25,101,410$78,750,520
80$111,038,027$36,380,285$25,826,974$85,861,435
81$122,244,939$38,043,953$26,573,212$93,660,313
82$134,591,209$39,785,393$27,340,701$102,215,735
83$148,192,934$41,608,298$28,130,035$111,603,205
84$163,178,046$43,516,539$28,941,825$121,905,858
85$179,687,528$45,514,170$29,776,697$133,215,229
86$197,876,734$47,605,442$30,635,294$145,632,108
87$217,916,864$49,794,811$31,518,279$159,267,483
88$239,996,572$52,086,946$32,426,330$174,243,574
89$264,323,755$54,486,738$33,360,144$190,694,972
90$291,127,508$56,999,318$34,320,439$208,769,903
91$320,660,289$59,630,061$35,307,949$228,631,610
92$353,200,304$62,384,599$36,323,431$250,459,879
93$389,054,130$65,268,839$37,367,661$274,452,725
94$428,559,608$68,288,970$38,441,435$300,828,244
95$472,089,038$71,451,478$39,545,572$329,826,656
96$520,052,684$74,763,165$40,680,913$361,712,557
97$572,902,654$78,231,157$41,848,320$396,777,398
98$631,137,167$81,862,926$43,048,681$435,342,219
99$695,305,250$85,666,302$44,282,904$477,760,662
100$766,011,930$89,649,494$45,551,925$524,422,287