Can I retire at age 61 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%12.9%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,079,253
2 years$560,066$549,635$539,526$529,725$520,218$506,930
3 years$369,668$359,193$349,109$339,400$330,048$317,088
4 years$274,488$264,045$254,062$244,518$235,393$222,861
5 years$217,395$207,014$197,163$187,814$178,942$166,875
6 years$179,346$169,043$159,337$150,196$141,591$130,004
7 years$152,178$141,962$132,410$123,484$115,151$104,048
8 years$131,811$121,687$112,294$103,588$95,529$84,909
9 years$115,979$105,951$96,719$88,234$80,449$70,308
10 years$103,321$93,390$84,321$76,059$68,547$58,877
11 years$92,971$83,140$74,235$66,194$58,952$49,746
12 years$84,352$74,622$65,882$58,061$51,087$42,334
13 years$77,065$67,437$58,861$51,259$44,549$36,238
14 years$70,824$61,298$52,887$45,502$39,051$31,170
15 years$65,420$55,997$47,750$40,580$34,384$26,920
16 years$60,696$51,376$43,292$36,335$30,388$23,329
17 years$56,533$47,315$39,394$32,647$26,945$20,275
18 years$52,836$43,721$35,962$29,421$23,958$17,664
19 years$49,532$40,521$32,921$26,584$21,354$15,422
20 years$46,562$37,654$30,214$24,077$19,074$13,490
21 years$43,878$35,073$27,791$21,852$17,069$11,817
22 years$41,442$32,739$25,613$19,868$15,300$10,367
23 years$39,221$30,620$23,649$18,094$13,734$9,105
24 years$37,188$28,689$21,872$16,503$12,345$8,005
25 years$35,321$26,924$20,258$15,072$11,108$7,044
26 years$33,600$25,304$18,788$13,781$10,006$6,203
27 years$32,009$23,814$17,446$12,614$9,021$5,466
28 years$30,534$22,440$16,219$11,557$8,140$4,820
29 years$29,164$21,169$15,093$10,598$7,350$4,253
30 years$27,887$19,992$14,058$9,726$6,641$3,754
31 years$26,695$18,899$13,106$8,933$6,004$3,315
32 years$25,580$17,882$12,228$8,210$5,431$2,928
33 years$24,535$16,935$11,418$7,549$4,915$2,587
34 years$23,553$16,051$10,668$6,946$4,450$2,287
35 years$22,629$15,224$9,974$6,394$4,031$2,022
36 years$21,759$14,449$9,330$5,889$3,652$1,788
37 years$20,937$13,724$8,733$5,426$3,310$1,581
38 years$20,161$13,042$8,178$5,001$3,001$1,399
39 years$19,426$12,402$7,662$4,611$2,721$1,237
40 years$18,730$11,800$7,182$4,253$2,468$1,095
41 years$18,070$11,232$6,734$3,924$2,239$969
42 years$17,442$10,697$6,317$3,622$2,032$858
43 years$16,845$10,192$5,927$3,343$1,844$759
44 years$16,278$9,715$5,564$3,087$1,674$672
45 years$15,736$9,264$5,224$2,851$1,520$595
46 years$15,220$8,838$4,907$2,633$1,380$527
47 years$14,728$8,434$4,610$2,433$1,253$466
48 years$14,257$8,051$4,332$2,248$1,138$413
49 years$13,807$7,689$4,072$2,078$1,033$365
50 years$13,376$7,344$3,828$1,920$939$324

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $13,700,000, adding $5,706 every year, while hoping to spend $22,732 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: 42/41/17 Blend
60$13,700,000$13,700,000$13,700,000$13,700,000
61$15,103,286$14,377,186$14,164,836$15,662,175
62$16,619,634$15,057,481$14,615,171$16,737,776
63$18,289,888$15,770,349$15,079,831$17,899,124
64$20,129,723$16,517,362$15,559,271$19,156,245
65$22,156,409$17,300,168$16,053,961$20,517,924
66$24,388,982$18,120,495$16,564,388$21,993,799
67$26,848,414$18,980,155$17,091,051$23,594,445
68$29,557,819$19,881,049$17,634,468$25,331,468
69$32,542,665$20,825,169$18,195,171$27,217,607
70$35,831,019$21,814,605$18,773,712$29,266,847
71$39,453,809$22,851,547$19,370,657$31,494,544
72$43,445,116$23,938,291$19,986,592$33,917,565
73$47,842,498$25,077,247$20,622,123$36,554,433
74$52,687,341$26,270,940$21,277,872$39,425,501
75$58,025,252$27,522,019$21,954,484$42,553,130
76$63,906,491$28,833,260$22,652,621$45,961,892
77$70,386,439$30,207,576$23,372,971$49,678,793
78$77,526,129$31,648,021$24,116,238$53,733,520
79$85,392,816$33,157,796$24,883,154$58,158,705
80$94,060,614$34,740,259$25,674,471$62,990,229
81$103,611,196$36,398,931$26,490,965$68,267,544
82$114,134,564$38,137,504$27,333,438$74,034,036
83$125,729,899$39,959,852$28,202,718$80,337,419
84$138,506,497$41,870,032$29,099,657$87,230,177
85$152,584,800$43,872,305$30,025,136$94,770,042
86$168,097,536$45,971,134$30,980,064$103,020,525
87$185,190,967$48,171,201$31,965,379$112,051,500
88$204,026,273$50,477,418$32,982,047$121,939,851
89$224,781,075$52,894,933$34,031,067$132,770,177
90$247,651,106$55,429,146$35,113,469$144,635,575
91$272,852,064$58,085,720$36,230,315$157,638,502
92$300,621,647$60,870,593$37,382,704$171,891,719
93$331,221,796$63,789,993$38,571,765$187,519,342
94$364,941,168$66,850,451$39,798,668$204,657,985
95$402,097,860$70,058,816$41,064,616$223,458,036
96$443,042,414$73,422,270$42,370,854$244,085,047
97$488,161,126$76,948,348$43,718,663$266,721,276
98$537,879,691$80,644,946$45,109,368$291,567,381
99$592,667,223$84,520,352$46,544,335$318,844,291
100$653,040,682$88,583,252$48,024,973$348,795,262