Can I retire at age 63 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%11.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,071,522
2 years$551,890$541,611$531,650$521,992$512,623$507,590
3 years$364,272$353,949$344,013$334,445$325,229$320,305
4 years$270,481$260,190$250,353$240,949$231,956$227,179
5 years$214,222$203,992$194,284$185,072$176,329$171,713
6 years$176,727$166,575$157,011$148,003$139,524$135,074
7 years$149,956$139,889$130,477$121,682$113,470$109,190
8 years$129,887$119,911$110,654$102,076$94,134$90,023
9 years$114,286$104,404$95,307$86,946$79,275$75,333
10 years$101,812$92,027$83,091$74,948$67,546$63,771
11 years$91,613$81,926$73,152$65,227$58,092$54,481
12 years$83,120$73,533$64,920$57,213$50,341$46,892
13 years$75,940$66,452$58,002$50,511$43,898$40,607
14 years$69,790$60,403$52,115$44,838$38,481$35,345
15 years$64,465$55,179$47,053$39,987$33,882$30,896
16 years$59,810$50,626$42,660$35,804$29,945$27,106
17 years$55,707$46,625$38,819$32,170$26,551$23,854
18 years$52,064$43,083$35,437$28,992$23,608$21,049
19 years$48,809$39,929$32,441$26,196$21,042$18,617
20 years$45,882$37,104$29,772$23,726$18,795$16,499
21 years$43,238$34,561$27,385$21,533$16,820$14,648
22 years$40,837$32,261$25,239$19,578$15,077$13,024
23 years$38,649$30,173$23,304$17,830$13,534$11,596
24 years$36,645$28,271$21,552$16,262$12,164$10,337
25 years$34,805$26,531$19,962$14,852$10,946$9,224
26 years$33,109$24,934$18,514$13,580$9,860$8,238
27 years$31,542$23,466$17,192$12,430$8,889$7,364
28 years$30,089$22,112$15,982$11,388$8,021$6,588
29 years$28,738$20,860$14,872$10,443$7,243$5,897
30 years$27,480$19,700$13,853$9,584$6,544$5,282
31 years$26,306$18,623$12,915$8,802$5,917$4,733
32 years$25,207$17,621$12,050$8,090$5,352$4,243
33 years$24,177$16,688$11,251$7,439$4,844$3,806
34 years$23,209$15,816$10,512$6,845$4,385$3,415
35 years$22,299$15,001$9,828$6,301$3,972$3,065
36 years$21,441$14,239$9,194$5,803$3,599$2,751
37 years$20,632$13,523$8,605$5,347$3,262$2,471
38 years$19,867$12,852$8,059$4,928$2,957$2,219
39 years$19,143$12,221$7,550$4,544$2,682$1,994
40 years$18,457$11,627$7,077$4,191$2,432$1,792
41 years$17,806$11,068$6,636$3,867$2,207$1,610
42 years$17,187$10,541$6,224$3,569$2,002$1,447
43 years$16,600$10,043$5,841$3,294$1,817$1,301
44 years$16,040$9,573$5,483$3,042$1,649$1,170
45 years$15,507$9,129$5,148$2,809$1,497$1,052
46 years$14,998$8,709$4,835$2,595$1,360$946
47 years$14,513$8,311$4,543$2,397$1,235$851
48 years$14,049$7,934$4,269$2,215$1,121$765
49 years$13,605$7,576$4,012$2,047$1,018$688
50 years$13,181$7,237$3,772$1,892$925$619

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 $2,901 every year, while hoping to spend $37,847 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: 61/13/26 Blend
62$13,500,000$13,500,000$13,500,000$13,500,000
63$14,879,992$14,164,492$13,955,242$15,683,922
64$16,357,483$14,818,284$14,382,474$16,884,424
65$17,984,409$15,502,842$14,822,750$18,189,834
66$19,775,972$16,219,636$15,276,466$19,613,927
67$21,748,926$16,970,202$15,744,032$21,168,285
68$23,921,729$17,756,155$16,225,869$22,865,649
69$26,314,722$18,579,182$16,722,412$24,720,040
70$28,950,318$19,441,058$17,234,108$26,746,887
71$31,853,218$20,343,637$17,761,418$28,963,170
72$35,050,638$21,288,866$18,304,817$31,387,579
73$38,572,568$22,278,786$18,864,794$34,040,684
74$42,452,059$23,315,535$19,441,853$36,945,127
75$46,725,528$24,401,355$20,036,514$40,125,837
76$51,433,106$25,538,596$20,649,312$43,610,254
77$56,619,017$26,729,722$21,280,798$47,428,590
78$62,331,993$27,977,314$21,931,541$51,614,108
79$68,625,734$29,284,080$22,602,126$56,203,435
80$75,559,417$30,652,858$23,293,155$61,236,898
81$83,198,252$32,086,623$24,005,250$66,758,906
82$91,614,099$33,588,493$24,739,051$72,818,363
83$100,886,146$35,161,738$25,495,218$79,469,122
84$111,101,655$36,809,785$26,274,430$86,770,495
85$122,356,787$38,536,227$27,077,386$94,787,799
86$134,757,509$40,344,833$27,904,809$103,592,978
87$148,420,596$42,239,550$28,757,441$113,265,265
88$163,474,729$44,224,520$29,636,047$123,891,935
89$180,061,713$46,304,084$30,541,417$135,569,116
90$198,337,816$48,482,792$31,474,362$148,402,692
91$218,475,239$50,765,415$32,435,719$162,509,299
92$240,663,750$53,156,956$33,426,352$178,017,413
93$265,112,465$55,662,660$34,447,148$195,068,563
94$292,051,832$58,288,025$35,499,022$213,818,655
95$321,735,797$61,038,817$36,582,918$234,439,439
96$354,444,210$63,921,081$37,699,807$257,120,117
97$390,485,458$66,941,153$38,850,690$282,069,131
98$430,199,384$70,105,678$40,036,597$309,516,110
99$473,960,489$73,421,624$41,258,591$339,714,039
100$522,181,471$76,896,296$42,517,766$372,941,632