Can I retire at age 59 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,096,830
2 years$568,242$557,659$547,403$537,458$527,812$516,155
3 years$375,065$364,436$354,206$344,355$334,866$323,489
4 years$278,495$267,899$257,771$248,088$238,829$227,820
5 years$220,569$210,036$200,041$190,555$181,554$170,945
6 years$181,964$171,510$161,663$152,389$143,658$133,462
7 years$154,399$144,034$134,343$125,287$116,832$107,054
8 years$133,736$123,464$113,933$105,100$96,923$87,562
9 years$117,672$107,498$98,131$89,522$81,624$72,676
10 years$104,829$94,754$85,552$77,169$69,547$61,008
11 years$94,328$84,354$75,319$67,160$59,813$51,674
12 years$85,583$75,711$66,844$58,908$51,833$44,086
13 years$78,190$68,421$59,720$52,007$45,199$37,836
14 years$71,858$62,193$53,659$46,166$39,621$32,631
15 years$66,375$56,814$48,447$41,172$34,886$28,258
16 years$61,582$52,126$43,924$36,865$30,832$24,556
17 years$57,358$48,006$39,969$33,123$27,338$21,402
18 years$53,607$44,360$36,487$29,851$24,308$18,700
19 years$50,255$41,112$33,402$26,973$21,666$16,374
20 years$47,242$38,203$30,655$24,429$19,352$14,364
21 years$44,519$35,585$28,196$22,171$17,318$12,621
22 years$42,047$33,217$25,987$20,158$15,523$11,105
23 years$39,794$31,067$23,995$18,359$13,935$9,783
24 years$37,731$29,108$22,191$16,744$12,525$8,628
25 years$35,836$27,317$20,553$15,292$11,270$7,616
26 years$34,090$25,673$19,062$13,982$10,152$6,728
27 years$32,476$24,161$17,701$12,798$9,153$5,948
28 years$30,980$22,767$16,455$11,726$8,259$5,262
29 years$29,590$21,478$15,313$10,753$7,457$4,657
30 years$28,294$20,284$14,264$9,868$6,738$4,124
31 years$27,085$19,175$13,297$9,063$6,092$3,654
32 years$25,954$18,144$12,407$8,329$5,511$3,238
33 years$24,893$17,182$11,584$7,660$4,987$2,871
34 years$23,897$16,285$10,824$7,047$4,515$2,546
35 years$22,960$15,446$10,119$6,488$4,090$2,258
36 years$22,076$14,660$9,466$5,975$3,705$2,004
37 years$21,243$13,924$8,860$5,505$3,358$1,778
38 years$20,455$13,233$8,297$5,074$3,045$1,578
39 years$19,710$12,583$7,774$4,679$2,761$1,401
40 years$19,003$11,972$7,286$4,315$2,504$1,244
41 years$18,333$11,396$6,832$3,981$2,272$1,105
42 years$17,697$10,853$6,409$3,674$2,062$981
43 years$17,091$10,341$6,014$3,392$1,871$871
44 years$16,515$9,857$5,645$3,132$1,698$774
45 years$15,966$9,400$5,301$2,892$1,542$688
46 years$15,442$8,967$4,978$2,672$1,400$611
47 years$14,943$8,557$4,677$2,468$1,271$543
48 years$14,465$8,169$4,395$2,281$1,154$482
49 years$14,008$7,801$4,131$2,108$1,048$428
50 years$13,571$7,452$3,884$1,948$952$381

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,900,000, adding $3,359 every year, while hoping to spend $56,224 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: 45/47/8 Blend
58$13,900,000$13,900,000$13,900,000$13,900,000
59$15,321,265$14,584,565$14,369,115$15,976,234
60$16,824,212$15,239,387$14,790,658$17,083,777
61$18,478,575$15,924,410$15,224,439$18,277,913
62$20,299,740$16,641,056$15,670,808$19,571,401
63$22,304,658$17,390,813$16,130,125$20,973,413
64$24,512,010$18,175,240$16,602,761$22,494,010
65$26,942,379$18,995,970$17,089,097$24,144,238
66$29,618,445$19,854,716$17,589,525$25,936,219
67$32,565,199$20,753,270$18,104,447$27,883,265
68$35,810,182$21,693,512$18,634,278$29,999,994
69$39,383,737$22,677,411$19,179,443$32,302,459
70$43,319,304$23,707,030$19,740,381$34,808,296
71$47,653,730$24,784,531$20,317,540$37,536,882
72$52,427,616$25,912,179$20,911,383$40,509,505
73$57,685,704$27,092,347$21,522,386$43,749,563
74$63,477,298$28,327,524$22,151,037$47,282,772
75$69,856,725$29,620,315$22,797,840$51,137,401
76$76,883,853$30,973,453$23,463,309$55,344,527
77$84,624,652$32,389,799$24,147,977$59,938,320
78$93,151,821$33,872,353$24,852,389$64,956,356
79$102,545,468$35,424,260$25,577,105$70,439,958
80$112,893,870$37,048,812$26,322,702$76,434,573
81$124,294,305$38,749,464$27,089,773$82,990,193
82$136,853,970$40,529,834$27,878,926$90,161,813
83$150,690,993$42,393,714$28,690,788$98,009,932
84$165,935,546$44,345,078$29,526,001$106,601,118
85$182,731,077$46,388,092$30,385,228$116,008,614
86$201,235,661$48,527,122$31,269,146$126,313,019
87$221,623,491$50,766,744$32,178,456$137,603,029
88$244,086,527$53,111,755$33,113,874$149,976,261
89$268,836,302$55,567,180$34,076,138$163,540,154
90$296,105,921$58,138,288$35,066,005$178,412,966
91$326,152,264$60,830,603$36,084,255$194,724,871
92$359,258,406$63,649,913$37,131,688$212,619,165
93$395,736,290$66,602,286$38,209,126$232,253,603
94$435,929,674$69,694,080$39,317,415$253,801,858
95$480,217,374$72,931,964$40,457,422$277,455,146
96$529,016,840$76,322,924$41,630,040$303,423,998
97$582,788,097$79,874,286$42,836,185$331,940,228
98$642,038,085$83,593,729$44,076,799$363,259,093
99$707,325,449$87,489,300$45,352,851$397,661,673
100$779,265,807$91,569,438$46,665,334$435,457,495