Can I retire at age 63 with 13,500,000?

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 $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%17.2%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,044,980
2 years$551,890$541,611$531,650$521,992$512,623$481,114
3 years$364,272$353,949$344,013$334,445$325,229$294,727
4 years$270,481$260,190$250,353$240,949$231,956$202,695
5 years$214,222$203,992$194,284$185,072$176,329$148,389
6 years$176,727$166,575$157,011$148,003$139,524$112,929
7 years$149,956$139,889$130,477$121,682$113,470$88,221
8 years$129,887$119,911$110,654$102,076$94,134$70,216
9 years$114,286$104,404$95,307$86,946$79,275$56,663
10 years$101,812$92,027$83,091$74,948$67,546$46,209
11 years$91,613$81,926$73,152$65,227$58,092$37,994
12 years$83,120$73,533$64,920$57,213$50,341$31,443
13 years$75,940$66,452$58,002$50,511$43,898$26,157
14 years$69,790$60,403$52,115$44,838$38,481$21,851
15 years$64,465$55,179$47,053$39,987$33,882$18,318
16 years$59,810$50,626$42,660$35,804$29,945$15,399
17 years$55,707$46,625$38,819$32,170$26,551$12,976
18 years$52,064$43,083$35,437$28,992$23,608$10,956
19 years$48,809$39,929$32,441$26,196$21,042$9,265
20 years$45,882$37,104$29,772$23,726$18,795$7,846
21 years$43,238$34,561$27,385$21,533$16,820$6,652
22 years$40,837$32,261$25,239$19,578$15,077$5,645
23 years$38,649$30,173$23,304$17,830$13,534$4,794
24 years$36,645$28,271$21,552$16,262$12,164$4,075
25 years$34,805$26,531$19,962$14,852$10,946$3,465
26 years$33,109$24,934$18,514$13,580$9,860$2,948
27 years$31,542$23,466$17,192$12,430$8,889$2,510
28 years$30,089$22,112$15,982$11,388$8,021$2,137
29 years$28,738$20,860$14,872$10,443$7,243$1,820
30 years$27,480$19,700$13,853$9,584$6,544$1,551
31 years$26,306$18,623$12,915$8,802$5,917$1,321
32 years$25,207$17,621$12,050$8,090$5,352$1,126
33 years$24,177$16,688$11,251$7,439$4,844$960
34 years$23,209$15,816$10,512$6,845$4,385$819
35 years$22,299$15,001$9,828$6,301$3,972$698
36 years$21,441$14,239$9,194$5,803$3,599$595
37 years$20,632$13,523$8,605$5,347$3,262$508
38 years$19,867$12,852$8,059$4,928$2,957$433
39 years$19,143$12,221$7,550$4,544$2,682$369
40 years$18,457$11,627$7,077$4,191$2,432$315
41 years$17,806$11,068$6,636$3,867$2,207$269
42 years$17,187$10,541$6,224$3,569$2,002$229
43 years$16,600$10,043$5,841$3,294$1,817$196
44 years$16,040$9,573$5,483$3,042$1,649$167
45 years$15,507$9,129$5,148$2,809$1,497$142
46 years$14,998$8,709$4,835$2,595$1,360$121
47 years$14,513$8,311$4,543$2,397$1,235$104
48 years$14,049$7,934$4,269$2,215$1,121$88
49 years$13,605$7,576$4,012$2,047$1,018$75
50 years$13,181$7,237$3,772$1,892$925$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $13,500,000, adding $3,173 every year, while hoping to spend $55,356 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: 79/9/12 Blend
62$13,500,000$13,500,000$13,500,000$13,500,000
63$14,880,273$14,164,773$13,955,523$16,022,237
64$16,339,162$14,799,948$14,364,135$17,408,494
65$17,945,003$15,464,392$14,784,579$18,921,546
66$19,712,726$16,159,480$15,217,195$20,579,936
67$21,658,783$16,886,653$15,662,330$22,398,168
68$23,801,301$17,647,422$16,120,341$24,392,209
69$26,160,256$18,443,367$16,591,594$26,579,645
70$28,757,658$19,276,148$17,076,468$28,979,841
71$31,617,759$20,147,500$17,575,350$31,614,123
72$34,767,287$21,059,243$18,088,640$34,505,979
73$38,235,688$22,013,284$18,616,748$37,681,279
74$42,055,413$23,011,620$19,160,094$41,168,512
75$46,262,220$24,056,345$19,719,112$44,999,062
76$50,895,513$25,149,651$20,294,248$49,207,493
77$55,998,709$26,293,838$20,885,959$53,831,880
78$61,619,654$27,491,313$21,494,716$58,914,161
79$67,811,072$28,744,601$22,121,003$64,500,536
80$74,631,061$30,056,345$22,765,315$70,641,894
81$82,143,640$31,429,318$23,428,165$77,394,296
82$90,419,360$32,866,423$24,110,077$84,819,499
83$99,535,961$34,370,703$24,811,590$92,985,539
84$109,579,110$35,945,349$25,533,260$101,967,365
85$120,643,211$37,593,703$26,275,655$111,847,550
86$132,832,291$39,319,267$27,039,363$122,717,062
87$146,260,988$41,125,714$27,824,984$134,676,123
88$161,055,625$43,016,890$28,633,137$147,835,148
89$177,355,409$44,996,828$29,464,458$162,315,788
90$195,313,743$47,069,755$30,319,600$178,252,073
91$215,099,672$49,240,100$31,199,233$195,791,671
92$236,899,479$51,512,506$32,104,048$215,097,281
93$260,918,445$53,891,838$33,034,753$236,348,165
94$287,382,785$56,383,196$33,992,076$259,741,832
95$316,541,783$58,991,927$34,976,765$285,495,903
96$348,670,147$61,723,634$35,989,588$313,850,157
97$384,070,599$64,584,188$37,031,336$345,068,790
98$423,076,733$67,579,747$38,102,820$379,442,907
99$466,056,168$70,716,763$39,204,872$417,293,259
100$513,414,012$74,001,999$40,338,350$458,973,273