Can I retire at age 59 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,209,167
2 years$629,563$617,838$606,475$595,457$584,770$565,825
3 years$415,540$403,764$392,429$381,515$371,002$352,551
4 years$308,549$296,809$285,588$274,860$264,602$246,787
5 years$244,371$232,702$221,628$211,119$201,146$184,019
6 years$201,600$190,019$179,108$168,834$159,160$142,740
7 years$171,061$159,577$148,840$138,807$129,440$113,733
8 years$148,168$136,787$126,228$116,442$107,383$92,386
9 years$130,371$119,098$108,720$99,183$90,432$76,138
10 years$116,142$104,979$94,785$85,497$77,052$63,450
11 years$104,507$93,457$83,447$74,408$66,268$53,343
12 years$94,819$83,882$74,057$65,265$57,426$45,163
13 years$86,627$75,805$66,165$57,620$50,077$38,458
14 years$79,612$68,904$59,450$51,148$43,897$32,904
15 years$73,538$62,945$53,675$45,615$38,650$28,263
16 years$68,228$57,751$48,664$40,844$34,159$24,356
17 years$63,548$53,187$44,283$36,698$30,288$21,049
18 years$59,392$49,147$40,424$33,072$26,931$18,233
19 years$55,678$45,549$37,006$29,883$24,004$15,827
20 years$52,340$42,326$33,963$27,065$21,441$13,761
21 years$49,323$39,425$31,239$24,563$19,187$11,983
22 years$46,585$36,802$28,792$22,334$17,198$10,448
23 years$44,088$34,420$26,584$20,340$15,438$9,120
24 years$41,803$32,249$24,586$18,551$13,876$7,968
25 years$39,704$30,264$22,771$16,942$12,487$6,968
26 years$37,769$28,444$21,119$15,491$11,247$6,097
27 years$35,981$26,769$19,611$14,179$10,141$5,339
28 years$34,323$25,224$18,231$12,991$9,150$4,677
29 years$32,783$23,796$16,966$11,913$8,262$4,100
30 years$31,348$22,473$15,803$10,933$7,465$3,595
31 years$30,008$21,244$14,732$10,041$6,749$3,154
32 years$28,754$20,101$13,746$9,228$6,105$2,767
33 years$27,579$19,036$12,834$8,486$5,525$2,429
34 years$26,475$18,042$11,992$7,808$5,003$2,133
35 years$25,437$17,113$11,211$7,188$4,531$1,873
36 years$24,459$16,242$10,488$6,620$4,105$1,645
37 years$23,535$15,427$9,817$6,099$3,721$1,445
38 years$22,663$14,661$9,193$5,622$3,373$1,269
39 years$21,837$13,941$8,613$5,183$3,059$1,115
40 years$21,054$13,264$8,073$4,781$2,775$980
41 years$20,312$12,626$7,570$4,411$2,517$862
42 years$19,606$12,024$7,101$4,071$2,284$757
43 years$18,936$11,457$6,663$3,758$2,073$666
44 years$18,297$10,921$6,254$3,470$1,882$585
45 years$17,689$10,414$5,873$3,204$1,708$514
46 years$17,109$9,934$5,516$2,960$1,551$452
47 years$16,555$9,481$5,182$2,735$1,408$398
48 years$16,026$9,050$4,869$2,527$1,279$350
49 years$15,520$8,643$4,577$2,335$1,162$307
50 years$15,036$8,256$4,303$2,159$1,055$270

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $15,400,000, adding $2,802 every year, while hoping to spend $24,922 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: 48/25/27 Blend
58$15,400,000$15,400,000$15,400,000$15,400,000
59$16,973,690$16,157,490$15,918,790$17,657,561
60$18,678,490$16,922,690$16,425,553$18,903,481
61$20,556,344$17,724,550$16,948,457$20,253,051
62$22,624,877$18,564,839$17,488,016$21,718,210
63$24,903,512$19,445,414$18,044,763$23,309,867
64$27,413,651$20,368,220$18,619,243$25,040,006
65$30,178,879$21,335,298$19,212,023$26,921,796
66$33,225,184$22,348,788$19,823,686$28,969,707
67$36,581,207$23,410,932$20,454,833$31,199,646
68$40,278,506$24,524,084$21,106,086$33,629,095
69$44,351,859$25,690,709$21,778,085$36,277,276
70$48,839,590$26,913,395$22,471,492$39,165,325
71$53,783,930$28,194,854$23,186,989$42,316,482
72$59,231,419$29,537,929$23,925,281$45,756,306
73$65,233,339$30,945,603$24,687,093$49,512,909
74$71,846,205$32,421,003$25,473,176$53,617,215
75$79,132,294$33,967,408$26,284,303$58,103,241
76$87,160,233$35,588,257$27,121,273$63,008,413
77$96,005,651$37,287,156$27,984,910$68,373,911
78$105,751,886$39,067,885$28,876,063$74,245,047
79$116,490,778$40,934,411$29,795,610$80,671,685
80$128,323,530$42,890,890$30,744,457$87,708,702
81$141,361,671$44,941,684$31,723,536$95,416,493
82$155,728,099$47,091,364$32,733,813$103,861,538
83$171,558,251$49,344,727$33,776,281$113,117,011
84$189,001,373$51,706,799$34,851,967$123,263,463
85$208,221,936$54,182,855$35,961,931$134,389,571
86$229,401,182$56,778,424$37,107,264$146,592,960
87$252,738,841$59,499,304$38,289,096$159,981,114
88$278,455,011$62,351,579$39,508,589$174,672,378
89$306,792,240$65,341,624$40,766,944$190,797,055
90$338,017,813$68,476,128$42,065,401$208,498,630
91$372,426,276$71,762,105$43,405,239$227,935,102
92$410,342,219$75,206,910$44,787,776$249,280,463
93$452,123,333$78,818,257$46,214,376$272,726,321
94$498,163,798$82,604,236$47,686,441$298,483,694
95$548,897,991$86,573,330$49,205,423$326,784,981
96$604,804,600$90,734,436$50,772,818$357,886,138
97$666,411,131$95,096,886$52,390,170$392,069,074
98$734,298,897$99,670,464$54,059,072$429,644,291
99$809,108,501$104,465,433$55,781,167$470,953,793
100$891,545,885$109,492,556$57,558,153$516,374,290