Can I retire at age 63 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,075,397
2 years$555,978$545,623$535,588$525,858$516,421$507,263
3 years$366,970$356,571$346,561$336,922$327,638$318,693
4 years$272,485$262,117$252,208$242,734$233,674$225,010
5 years$215,808$205,503$195,723$186,443$177,636$169,278
6 years$178,036$167,809$158,174$149,100$140,557$132,517
7 years$151,067$140,926$131,443$122,583$114,310$106,591
8 years$130,849$120,799$111,474$102,832$94,832$87,433
9 years$115,133$105,177$96,013$87,590$79,862$72,782
10 years$102,567$92,709$83,706$75,503$68,046$61,281
11 years$92,292$82,533$73,693$65,711$58,522$52,066
12 years$83,736$74,077$65,401$57,637$50,714$44,561
13 years$76,502$66,944$58,431$50,885$44,224$38,367
14 years$70,307$60,850$52,501$45,170$38,766$33,199
15 years$64,942$55,588$47,401$40,284$34,133$28,847
16 years$60,253$51,001$42,976$36,070$30,167$25,154
17 years$56,120$46,970$39,107$32,408$26,748$21,999
18 years$52,450$43,402$35,699$29,206$23,783$19,290
19 years$49,170$40,225$32,681$26,390$21,198$16,951
20 years$46,222$37,379$29,993$23,902$18,935$14,925
21 years$43,558$34,817$27,588$21,692$16,944$13,163
22 years$41,140$32,500$25,426$19,723$15,188$11,626
23 years$38,935$30,397$23,477$17,962$13,634$10,281
24 years$36,917$28,480$21,712$16,383$12,254$9,102
25 years$35,063$26,727$20,110$14,962$11,027$8,065
26 years$33,354$25,119$18,651$13,680$9,933$7,153
27 years$31,775$23,640$17,319$12,522$8,955$6,349
28 years$30,311$22,276$16,100$11,473$8,080$5,639
29 years$28,951$21,015$14,983$10,521$7,296$5,012
30 years$27,684$19,846$13,956$9,655$6,593$4,456
31 years$26,500$18,761$13,010$8,868$5,961$3,964
32 years$25,393$17,752$12,139$8,150$5,392$3,528
33 years$24,356$16,811$11,334$7,494$4,880$3,140
34 years$23,381$15,933$10,590$6,895$4,418$2,797
35 years$22,464$15,113$9,901$6,348$4,001$2,491
36 years$21,600$14,344$9,262$5,846$3,625$2,220
37 years$20,785$13,624$8,669$5,386$3,286$1,978
38 years$20,014$12,947$8,118$4,965$2,979$1,763
39 years$19,284$12,311$7,606$4,578$2,701$1,572
40 years$18,593$11,713$7,129$4,222$2,450$1,402
41 years$17,938$11,150$6,685$3,896$2,223$1,250
42 years$17,315$10,619$6,271$3,595$2,017$1,115
43 years$16,723$10,118$5,884$3,319$1,831$995
44 years$16,159$9,644$5,523$3,064$1,662$887
45 years$15,622$9,197$5,186$2,830$1,509$792
46 years$15,109$8,773$4,871$2,614$1,370$706
47 years$14,620$8,372$4,576$2,415$1,244$630
48 years$14,153$7,993$4,300$2,232$1,129$563
49 years$13,706$7,632$4,042$2,062$1,026$502
50 years$13,278$7,291$3,800$1,906$932$448

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 $2,761 every year, while hoping to spend $35,823 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: 72/10/18 Blend
62$13,600,000$13,600,000$13,600,000$13,600,000
63$14,990,048$14,269,248$14,058,448$16,005,601
64$16,480,917$14,930,326$14,491,291$17,341,841
65$18,122,655$15,622,596$14,937,433$18,800,177
66$19,930,611$16,347,548$15,397,282$20,396,380
67$21,921,702$17,106,746$15,871,259$22,144,112
68$24,114,566$17,901,827$16,359,797$24,058,416
69$26,529,743$18,734,508$16,863,341$26,155,851
70$29,189,865$19,606,588$17,382,352$28,454,650
71$32,119,875$20,519,954$17,917,304$30,974,888
72$35,347,253$21,476,582$18,468,685$33,738,669
73$38,902,285$22,478,547$19,036,998$36,770,333
74$42,818,343$23,528,021$19,622,763$40,096,683
75$47,132,202$24,627,282$20,226,513$43,747,238
76$51,884,386$25,778,719$20,848,801$47,754,503
77$57,119,551$26,984,833$21,490,193$52,154,279
78$62,886,906$28,248,250$22,151,275$56,985,994
79$69,240,677$29,571,721$22,832,649$62,293,075
80$76,240,621$30,958,131$23,534,938$68,123,353
81$83,952,587$32,410,502$24,258,782$74,529,512
82$92,449,140$33,932,006$25,004,840$81,569,584
83$101,810,243$35,525,965$25,773,793$89,307,489
84$112,124,014$37,195,863$26,566,341$97,813,640
85$123,487,558$38,945,355$27,383,207$107,165,601
86$136,007,879$40,778,268$28,225,136$117,448,816
87$149,802,899$42,698,619$29,092,893$128,757,411
88$165,002,560$44,710,616$29,987,270$141,195,076
89$181,750,059$46,818,674$30,909,082$154,876,045
90$200,203,196$49,027,420$31,859,167$169,926,163
91$220,535,863$51,341,706$32,838,391$186,484,076
92$242,939,689$53,766,617$33,847,645$204,702,526
93$267,625,845$56,307,488$34,887,848$224,749,797
94$294,827,036$58,969,911$35,959,946$246,811,290
95$324,799,705$61,759,748$37,064,916$271,091,272
96$357,826,446$64,683,146$38,203,761$297,814,799
97$394,218,675$67,746,552$39,377,519$327,229,828
98$434,319,571$70,956,724$40,587,257$359,609,559
99$478,507,311$74,320,748$41,834,074$395,255,002
100$527,198,646$77,846,054$43,119,105$434,497,814