Can I retire at age 61 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%13.3%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,069,602
2 years$555,978$545,623$535,588$525,858$516,421$501,454
3 years$366,970$356,571$346,561$336,922$327,638$313,052
4 years$272,485$262,117$252,208$242,734$233,674$219,581
5 years$215,808$205,503$195,723$186,443$177,636$164,075
6 years$178,036$167,809$158,174$149,100$140,557$127,546
7 years$151,067$140,926$131,443$122,583$114,310$101,854
8 years$130,849$120,799$111,474$102,832$94,832$82,928
9 years$115,133$105,177$96,013$87,590$79,862$68,505
10 years$102,567$92,709$83,706$75,503$68,046$57,228
11 years$92,292$82,533$73,693$65,711$58,522$48,233
12 years$83,736$74,077$65,401$57,637$50,714$40,941
13 years$76,502$66,944$58,431$50,885$44,224$34,955
14 years$70,307$60,850$52,501$45,170$38,766$29,986
15 years$64,942$55,588$47,401$40,284$34,133$25,827
16 years$60,253$51,001$42,976$36,070$30,167$22,320
17 years$56,120$46,970$39,107$32,408$26,748$19,343
18 years$52,450$43,402$35,699$29,206$23,783$16,805
19 years$49,170$40,225$32,681$26,390$21,198$14,629
20 years$46,222$37,379$29,993$23,902$18,935$12,758
21 years$43,558$34,817$27,588$21,692$16,944$11,143
22 years$41,140$32,500$25,426$19,723$15,188$9,745
23 years$38,935$30,397$23,477$17,962$13,634$8,533
24 years$36,917$28,480$21,712$16,383$12,254$7,478
25 years$35,063$26,727$20,110$14,962$11,027$6,560
26 years$33,354$25,119$18,651$13,680$9,933$5,759
27 years$31,775$23,640$17,319$12,522$8,955$5,059
28 years$30,311$22,276$16,100$11,473$8,080$4,446
29 years$28,951$21,015$14,983$10,521$7,296$3,910
30 years$27,684$19,846$13,956$9,655$6,593$3,440
31 years$26,500$18,761$13,010$8,868$5,961$3,028
32 years$25,393$17,752$12,139$8,150$5,392$2,666
33 years$24,356$16,811$11,334$7,494$4,880$2,347
34 years$23,381$15,933$10,590$6,895$4,418$2,068
35 years$22,464$15,113$9,901$6,348$4,001$1,822
36 years$21,600$14,344$9,262$5,846$3,625$1,606
37 years$20,785$13,624$8,669$5,386$3,286$1,415
38 years$20,014$12,947$8,118$4,965$2,979$1,248
39 years$19,284$12,311$7,606$4,578$2,701$1,100
40 years$18,593$11,713$7,129$4,222$2,450$970
41 years$17,938$11,150$6,685$3,896$2,223$856
42 years$17,315$10,619$6,271$3,595$2,017$755
43 years$16,723$10,118$5,884$3,319$1,831$666
44 years$16,159$9,644$5,523$3,064$1,662$587
45 years$15,622$9,197$5,186$2,830$1,509$518
46 years$15,109$8,773$4,871$2,614$1,370$457
47 years$14,620$8,372$4,576$2,415$1,244$403
48 years$14,153$7,993$4,300$2,232$1,129$356
49 years$13,706$7,632$4,042$2,062$1,026$314
50 years$13,278$7,291$3,800$1,906$932$277

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $13,600,000, adding $4,279 every year, while hoping to spend $35,165 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: 62/13/25 Blend
60$13,600,000$13,600,000$13,600,000$13,600,000
61$14,991,614$14,270,814$14,060,014$15,821,393
62$16,483,343$14,932,668$14,493,609$17,046,151
63$18,126,050$15,625,775$14,940,551$18,378,604
64$19,935,098$16,351,629$15,401,250$19,832,730
65$21,927,414$17,111,795$15,876,128$21,420,419
66$24,121,653$17,907,916$16,365,621$23,154,752
67$26,538,371$18,741,712$16,870,178$25,050,123
68$29,200,217$19,614,989$17,390,262$27,122,376
69$32,132,152$20,529,636$17,926,348$29,388,943
70$35,361,680$21,487,636$18,478,929$31,869,016
71$38,919,109$22,491,069$19,048,511$34,583,715
72$42,837,838$23,542,111$19,635,616$37,556,293
73$47,154,670$24,643,047$20,240,782$40,812,345
74$51,910,161$25,796,271$20,864,564$44,380,051
75$57,149,003$27,004,294$21,507,531$48,290,436
76$62,920,442$28,269,745$22,170,275$52,577,657
77$69,278,749$29,595,384$22,853,401$57,279,329
78$76,283,727$30,984,103$23,557,535$62,436,866
79$84,001,276$32,438,934$24,283,322$68,095,876
80$92,504,019$33,963,054$25,031,425$74,306,581
81$101,871,981$35,559,796$25,802,531$81,124,291
82$112,193,352$37,232,654$26,597,344$88,609,917
83$123,565,310$38,985,291$27,416,591$96,830,545
84$136,094,948$40,821,546$28,261,023$105,860,061
85$149,900,277$42,745,446$29,131,412$115,779,845
86$165,111,344$44,761,212$30,028,553$126,679,531
87$181,871,459$46,873,270$30,953,268$138,657,850
88$200,338,547$49,086,259$31,906,401$151,823,554
89$220,686,638$51,405,045$32,888,825$166,296,436
90$243,107,512$53,834,729$33,901,437$182,208,456
91$267,812,506$56,380,658$34,945,163$199,704,976
92$295,034,512$59,048,441$36,020,956$218,946,129
93$325,030,174$61,843,957$37,129,801$240,108,320
94$358,082,312$64,773,370$38,272,709$263,385,886
95$394,502,588$67,843,146$39,450,725$288,992,919
96$434,634,452$71,060,060$40,664,924$317,165,279
97$478,856,384$74,431,220$41,916,416$348,162,814
98$527,585,462$77,964,078$43,206,344$382,271,803
99$581,281,307$81,666,445$44,535,884$419,807,645
100$640,450,416$85,546,516$45,906,252$461,117,830