Can I retire at age 63 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%17%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,053,569
2 years$555,978$545,623$535,588$525,858$516,421$485,516
3 years$366,970$356,571$346,561$336,922$327,638$297,711
4 years$272,485$262,117$252,208$242,734$233,674$204,954
5 years$215,808$205,503$195,723$186,443$177,636$150,201
6 years$178,036$167,809$158,174$149,100$140,557$114,433
7 years$151,067$140,926$131,443$122,583$114,310$89,498
8 years$130,849$120,799$111,474$102,832$94,832$71,316
9 years$115,133$105,177$96,013$87,590$79,862$57,620
10 years$102,567$92,709$83,706$75,503$68,046$47,049
11 years$92,292$82,533$73,693$65,711$58,522$38,734
12 years$83,736$74,077$65,401$57,637$50,714$32,098
13 years$76,502$66,944$58,431$50,885$44,224$26,738
14 years$70,307$60,850$52,501$45,170$38,766$22,367
15 years$64,942$55,588$47,401$40,284$34,133$18,777
16 years$60,253$51,001$42,976$36,070$30,167$15,808
17 years$56,120$46,970$39,107$32,408$26,748$13,340
18 years$52,450$43,402$35,699$29,206$23,783$11,280
19 years$49,170$40,225$32,681$26,390$21,198$9,553
20 years$46,222$37,379$29,993$23,902$18,935$8,102
21 years$43,558$34,817$27,588$21,692$16,944$6,880
22 years$41,140$32,500$25,426$19,723$15,188$5,848
23 years$38,935$30,397$23,477$17,962$13,634$4,974
24 years$36,917$28,480$21,712$16,383$12,254$4,234
25 years$35,063$26,727$20,110$14,962$11,027$3,607
26 years$33,354$25,119$18,651$13,680$9,933$3,074
27 years$31,775$23,640$17,319$12,522$8,955$2,621
28 years$30,311$22,276$16,100$11,473$8,080$2,235
29 years$28,951$21,015$14,983$10,521$7,296$1,907
30 years$27,684$19,846$13,956$9,655$6,593$1,627
31 years$26,500$18,761$13,010$8,868$5,961$1,389
32 years$25,393$17,752$12,139$8,150$5,392$1,186
33 years$24,356$16,811$11,334$7,494$4,880$1,013
34 years$23,381$15,933$10,590$6,895$4,418$865
35 years$22,464$15,113$9,901$6,348$4,001$739
36 years$21,600$14,344$9,262$5,846$3,625$631
37 years$20,785$13,624$8,669$5,386$3,286$539
38 years$20,014$12,947$8,118$4,965$2,979$460
39 years$19,284$12,311$7,606$4,578$2,701$393
40 years$18,593$11,713$7,129$4,222$2,450$336
41 years$17,938$11,150$6,685$3,896$2,223$287
42 years$17,315$10,619$6,271$3,595$2,017$245
43 years$16,723$10,118$5,884$3,319$1,831$210
44 years$16,159$9,644$5,523$3,064$1,662$179
45 years$15,622$9,197$5,186$2,830$1,509$153
46 years$15,109$8,773$4,871$2,614$1,370$131
47 years$14,620$8,372$4,576$2,415$1,244$112
48 years$14,153$7,993$4,300$2,232$1,129$96
49 years$13,706$7,632$4,042$2,062$1,026$82
50 years$13,278$7,291$3,800$1,906$932$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $13,600,000, adding $5,895 every year, while hoping to spend $35,688 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: 58/17/25 Blend
62$13,600,000$13,600,000$13,600,000$13,600,000
63$14,993,281$14,272,481$14,061,681$15,761,042
64$16,484,624$14,933,860$14,494,775$16,947,436
65$18,126,887$15,626,452$14,941,182$18,236,046
66$19,935,428$16,351,746$15,401,310$19,640,314
67$21,927,168$17,111,308$15,875,580$21,171,442
68$24,120,752$17,906,775$16,364,425$22,841,754
69$26,536,727$18,739,865$16,868,292$24,664,804
70$29,197,735$19,612,381$17,387,642$26,655,502
71$32,128,726$20,526,209$17,922,949$28,830,256
72$35,357,191$21,483,328$18,474,703$31,207,118
73$38,913,427$22,485,814$19,043,408$33,805,950
74$42,830,817$23,535,840$19,629,583$36,648,613
75$47,146,151$24,635,686$20,233,764$39,759,166
76$51,899,966$25,787,742$20,856,503$43,164,089
77$57,136,935$26,994,514$21,498,368$46,892,527
78$62,906,284$28,258,627$22,159,946$50,976,564
79$69,262,261$29,582,836$22,841,840$55,451,521
80$76,264,642$30,970,026$23,544,672$60,356,280
81$83,979,302$32,423,223$24,269,085$65,733,650
82$92,478,831$33,945,601$25,015,739$71,630,765
83$101,843,221$35,540,485$25,785,316$78,099,522
84$112,160,623$37,211,362$26,578,518$85,197,067
85$123,528,176$38,961,888$27,396,067$92,986,327
86$136,052,925$40,795,896$28,238,711$101,536,596
87$149,852,832$42,717,404$29,107,216$110,924,187
88$165,057,889$44,730,624$30,002,376$121,233,140
89$181,811,344$46,839,974$30,925,005$132,556,014
90$200,271,053$49,050,086$31,875,945$144,994,748
91$220,610,974$51,365,814$32,856,063$158,661,617
92$243,022,804$53,792,249$33,866,252$173,680,285
93$267,717,790$56,334,729$34,907,431$190,186,964
94$294,928,724$58,998,850$35,980,550$208,331,687
95$324,912,141$61,790,481$37,086,585$228,279,721
96$357,950,738$64,715,773$38,226,544$250,213,112
97$394,356,045$67,781,177$39,401,465$274,332,397
98$434,471,364$70,993,458$40,612,417$300,858,483
99$478,675,013$74,359,707$41,860,502$330,034,725
100$527,383,892$77,887,361$43,146,857$362,129,209