Can I retire at age 61 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,068,829
2 years$551,890$541,611$531,650$521,992$512,623$504,879
3 years$364,272$353,949$344,013$334,445$325,229$317,661
4 years$270,481$260,190$250,353$240,949$231,956$224,621
5 years$214,222$203,992$194,284$185,072$176,329$169,250
6 years$176,727$166,575$157,011$148,003$139,524$132,709
7 years$149,956$139,889$130,477$121,682$113,470$106,923
8 years$129,887$119,911$110,654$102,076$94,134$87,855
9 years$114,286$104,404$95,307$86,946$79,275$73,262
10 years$101,812$92,027$83,091$74,948$67,546$61,796
11 years$91,613$81,926$73,152$65,227$58,092$52,600
12 years$83,120$73,533$64,920$57,213$50,341$45,104
13 years$75,940$66,452$58,002$50,511$43,898$38,909
14 years$69,790$60,403$52,115$44,838$38,481$33,734
15 years$64,465$55,179$47,053$39,987$33,882$29,371
16 years$59,810$50,626$42,660$35,804$29,945$25,663
17 years$55,707$46,625$38,819$32,170$26,551$22,492
18 years$52,064$43,083$35,437$28,992$23,608$19,763
19 years$48,809$39,929$32,441$26,196$21,042$17,405
20 years$45,882$37,104$29,772$23,726$18,795$15,358
21 years$43,238$34,561$27,385$21,533$16,820$13,575
22 years$40,837$32,261$25,239$19,578$15,077$12,016
23 years$38,649$30,173$23,304$17,830$13,534$10,650
24 years$36,645$28,271$21,552$16,262$12,164$9,451
25 years$34,805$26,531$19,962$14,852$10,946$8,394
26 years$33,109$24,934$18,514$13,580$9,860$7,462
27 years$31,542$23,466$17,192$12,430$8,889$6,639
28 years$30,089$22,112$15,982$11,388$8,021$5,911
29 years$28,738$20,860$14,872$10,443$7,243$5,266
30 years$27,480$19,700$13,853$9,584$6,544$4,694
31 years$26,306$18,623$12,915$8,802$5,917$4,185
32 years$25,207$17,621$12,050$8,090$5,352$3,734
33 years$24,177$16,688$11,251$7,439$4,844$3,332
34 years$23,209$15,816$10,512$6,845$4,385$2,975
35 years$22,299$15,001$9,828$6,301$3,972$2,657
36 years$21,441$14,239$9,194$5,803$3,599$2,373
37 years$20,632$13,523$8,605$5,347$3,262$2,120
38 years$19,867$12,852$8,059$4,928$2,957$1,895
39 years$19,143$12,221$7,550$4,544$2,682$1,694
40 years$18,457$11,627$7,077$4,191$2,432$1,514
41 years$17,806$11,068$6,636$3,867$2,207$1,354
42 years$17,187$10,541$6,224$3,569$2,002$1,211
43 years$16,600$10,043$5,841$3,294$1,817$1,083
44 years$16,040$9,573$5,483$3,042$1,649$969
45 years$15,507$9,129$5,148$2,809$1,497$866
46 years$14,998$8,709$4,835$2,595$1,360$775
47 years$14,513$8,311$4,543$2,397$1,235$693
48 years$14,049$7,934$4,269$2,215$1,121$620
49 years$13,605$7,576$4,012$2,047$1,018$555
50 years$13,181$7,237$3,772$1,892$925$497

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $13,500,000, adding $2,025 every year, while hoping to spend $26,130 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: 70/11/19 Blend
60$13,500,000$13,500,000$13,500,000$13,500,000
61$14,879,089$14,163,589$13,954,339$15,852,036
62$16,368,954$14,829,803$14,394,007$17,167,013
63$18,009,909$15,527,785$14,847,528$18,602,515
64$19,817,339$16,259,065$15,315,339$20,173,085
65$21,808,194$17,025,246$15,797,890$21,892,074
66$24,001,156$17,828,009$16,295,645$23,774,177
67$26,416,808$18,669,116$16,809,084$25,835,570
68$29,077,834$19,550,414$17,338,700$28,094,062
69$32,009,230$20,473,841$17,885,003$30,569,258
70$35,238,540$21,441,428$18,448,519$33,282,743
71$38,796,117$22,455,305$19,029,791$36,258,284
72$42,715,410$23,517,703$19,629,378$39,522,050
73$47,033,276$24,630,965$20,247,856$43,102,858
74$51,790,333$25,797,545$20,885,822$47,032,440
75$57,031,339$27,020,016$21,543,889$51,345,740
76$62,805,617$28,301,078$22,222,690$56,081,241
77$69,167,519$29,643,561$22,922,880$61,281,327
78$76,176,940$31,050,430$23,645,131$66,992,674
79$83,899,885$32,524,797$24,390,139$73,266,694
80$92,409,085$34,069,925$25,158,621$80,160,010
81$101,784,694$35,689,233$25,951,317$87,734,992
82$112,115,036$37,386,309$26,768,990$96,060,337
83$123,497,445$39,164,913$27,612,426$105,211,717
84$136,039,179$41,028,989$28,482,437$115,272,486
85$149,858,438$42,982,672$29,379,861$126,334,464
86$165,085,474$45,030,298$30,305,562$138,498,799
87$181,863,824$47,176,414$31,260,430$151,876,915
88$200,351,665$49,425,789$32,245,384$166,591,559
89$220,723,303$51,783,421$33,261,373$182,777,956
90$243,170,825$54,254,554$34,309,375$200,585,077
91$267,905,908$56,844,686$35,390,397$220,177,044
92$295,161,816$59,559,581$36,505,481$241,734,666
93$325,195,606$62,405,285$37,655,700$265,457,144
94$358,290,552$65,388,139$38,842,160$291,563,947
95$394,758,820$68,514,789$40,066,004$320,296,870
96$434,944,415$71,792,209$41,328,410$351,922,314
97$479,226,426$75,227,708$42,630,593$386,733,792
98$528,022,609$78,828,953$43,973,805$425,054,691
99$581,793,328$82,603,985$45,359,341$467,241,318
100$641,045,902$86,561,234$46,788,533$513,686,253