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%13.9%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,066,956
2 years$555,978$545,623$535,588$525,858$516,421$498,811
3 years$366,970$356,571$346,561$336,922$327,638$310,494
4 years$272,485$262,117$252,208$242,734$233,674$217,127
5 years$215,808$205,503$195,723$186,443$177,636$161,733
6 years$178,036$167,809$158,174$149,100$140,557$125,318
7 years$151,067$140,926$131,443$122,583$114,310$99,739
8 years$130,849$120,799$111,474$102,832$94,832$80,926
9 years$115,133$105,177$96,013$87,590$79,862$66,614
10 years$102,567$92,709$83,706$75,503$68,046$55,445
11 years$92,292$82,533$73,693$65,711$58,522$46,555
12 years$83,736$74,077$65,401$57,637$50,714$39,365
13 years$76,502$66,944$58,431$50,885$44,224$33,477
14 years$70,307$60,850$52,501$45,170$38,766$28,604
15 years$64,942$55,588$47,401$40,284$34,133$24,535
16 years$60,253$51,001$42,976$36,070$30,167$21,115
17 years$56,120$46,970$39,107$32,408$26,748$18,222
18 years$52,450$43,402$35,699$29,206$23,783$15,762
19 years$49,170$40,225$32,681$26,390$21,198$13,661
20 years$46,222$37,379$29,993$23,902$18,935$11,860
21 years$43,558$34,817$27,588$21,692$16,944$10,312
22 years$41,140$32,500$25,426$19,723$15,188$8,978
23 years$38,935$30,397$23,477$17,962$13,634$7,824
24 years$36,917$28,480$21,712$16,383$12,254$6,825
25 years$35,063$26,727$20,110$14,962$11,027$5,959
26 years$33,354$25,119$18,651$13,680$9,933$5,206
27 years$31,775$23,640$17,319$12,522$8,955$4,551
28 years$30,311$22,276$16,100$11,473$8,080$3,981
29 years$28,951$21,015$14,983$10,521$7,296$3,484
30 years$27,684$19,846$13,956$9,655$6,593$3,050
31 years$26,500$18,761$13,010$8,868$5,961$2,671
32 years$25,393$17,752$12,139$8,150$5,392$2,340
33 years$24,356$16,811$11,334$7,494$4,880$2,050
34 years$23,381$15,933$10,590$6,895$4,418$1,797
35 years$22,464$15,113$9,901$6,348$4,001$1,576
36 years$21,600$14,344$9,262$5,846$3,625$1,381
37 years$20,785$13,624$8,669$5,386$3,286$1,211
38 years$20,014$12,947$8,118$4,965$2,979$1,063
39 years$19,284$12,311$7,606$4,578$2,701$932
40 years$18,593$11,713$7,129$4,222$2,450$818
41 years$17,938$11,150$6,685$3,896$2,223$717
42 years$17,315$10,619$6,271$3,595$2,017$630
43 years$16,723$10,118$5,884$3,319$1,831$552
44 years$16,159$9,644$5,523$3,064$1,662$485
45 years$15,622$9,197$5,186$2,830$1,509$425
46 years$15,109$8,773$4,871$2,614$1,370$373
47 years$14,620$8,372$4,576$2,415$1,244$328
48 years$14,153$7,993$4,300$2,232$1,129$288
49 years$13,706$7,632$4,042$2,062$1,026$252
50 years$13,278$7,291$3,800$1,906$932$222

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 $6,123 every year, while hoping to spend $58,366 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: 47/47/6 Blend
62$13,600,000$13,600,000$13,600,000$13,600,000
63$14,993,516$14,272,716$14,061,916$15,674,137
64$16,460,754$14,909,978$14,470,889$16,778,621
65$18,075,693$15,576,510$14,891,607$17,969,915
66$19,853,339$16,273,684$15,324,401$19,261,341
67$21,810,223$17,002,938$15,769,612$20,662,193
68$23,964,563$17,765,779$16,227,590$22,182,671
69$26,336,430$18,563,784$16,698,697$23,833,972
70$28,947,944$19,398,607$17,183,301$25,628,389
71$31,823,476$20,271,981$17,681,783$27,579,424
72$34,989,882$21,185,719$18,194,534$29,701,906
73$38,476,754$22,141,723$18,721,955$32,012,124
74$42,316,701$23,141,986$19,264,459$34,527,974
75$46,545,655$24,188,594$19,822,469$37,269,125
76$51,203,211$25,283,734$20,396,421$40,257,188
77$56,332,999$26,429,698$20,986,762$43,515,919
78$61,983,099$27,628,886$21,593,951$47,071,433
79$68,206,488$28,883,815$22,218,462$50,952,439
80$75,061,548$30,197,121$22,860,779$55,190,506
81$82,612,612$31,571,565$23,521,401$59,820,346
82$90,930,570$33,010,043$24,200,839$64,880,135
83$100,093,540$34,515,588$24,899,620$70,411,864
84$110,187,608$36,091,378$25,618,284$76,461,719
85$121,307,633$37,740,745$26,357,385$83,080,509
86$133,558,148$39,467,178$27,117,494$90,324,132
87$147,054,346$41,274,336$27,899,197$98,254,092
88$161,923,164$43,166,053$28,703,095$106,938,062
89$178,304,483$45,146,347$29,529,805$116,450,512
90$196,352,450$47,219,427$30,379,963$126,873,394
91$216,236,928$49,389,707$31,254,220$138,296,906
92$238,145,103$51,661,811$32,153,244$150,820,320
93$262,283,250$54,040,586$33,077,725$164,552,907
94$288,878,680$56,531,113$34,028,367$179,614,949
95$318,181,883$59,138,716$35,005,895$196,138,855
96$350,468,897$61,868,975$36,011,054$214,270,394
97$386,043,909$64,727,739$37,044,609$234,170,047
98$425,242,128$67,721,139$38,107,344$256,014,507
99$468,432,951$70,855,600$39,200,066$279,998,314
100$516,023,445$74,137,858$40,323,601$306,335,680