Can I retire at age 64 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%18%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,049,348
2 years$555,978$545,623$535,588$525,858$516,421$481,352
3 years$366,970$356,571$346,561$336,922$327,638$293,738
4 years$272,485$262,117$252,208$242,734$233,674$201,201
5 years$215,808$205,503$195,723$186,443$177,636$146,676
6 years$178,036$167,809$158,174$149,100$140,557$111,137
7 years$151,067$140,926$131,443$122,583$114,310$86,426
8 years$130,849$120,799$111,474$102,832$94,832$68,464
9 years$115,133$105,177$96,013$87,590$79,862$54,980
10 years$102,567$92,709$83,706$75,503$68,046$44,613
11 years$92,292$82,533$73,693$65,711$58,522$36,493
12 years$83,736$74,077$65,401$57,637$50,714$30,041
13 years$76,502$66,944$58,431$50,885$44,224$24,855
14 years$70,307$60,850$52,501$45,170$38,766$20,649
15 years$64,942$55,588$47,401$40,284$34,133$17,212
16 years$60,253$51,001$42,976$36,070$30,167$14,387
17 years$56,120$46,970$39,107$32,408$26,748$12,052
18 years$52,450$43,402$35,699$29,206$23,783$10,115
19 years$49,170$40,225$32,681$26,390$21,198$8,503
20 years$46,222$37,379$29,993$23,902$18,935$7,157
21 years$43,558$34,817$27,588$21,692$16,944$6,030
22 years$41,140$32,500$25,426$19,723$15,188$5,085
23 years$38,935$30,397$23,477$17,962$13,634$4,292
24 years$36,917$28,480$21,712$16,383$12,254$3,625
25 years$35,063$26,727$20,110$14,962$11,027$3,063
26 years$33,354$25,119$18,651$13,680$9,933$2,589
27 years$31,775$23,640$17,319$12,522$8,955$2,190
28 years$30,311$22,276$16,100$11,473$8,080$1,852
29 years$28,951$21,015$14,983$10,521$7,296$1,567
30 years$27,684$19,846$13,956$9,655$6,593$1,327
31 years$26,500$18,761$13,010$8,868$5,961$1,123
32 years$25,393$17,752$12,139$8,150$5,392$951
33 years$24,356$16,811$11,334$7,494$4,880$805
34 years$23,381$15,933$10,590$6,895$4,418$682
35 years$22,464$15,113$9,901$6,348$4,001$578
36 years$21,600$14,344$9,262$5,846$3,625$489
37 years$20,785$13,624$8,669$5,386$3,286$414
38 years$20,014$12,947$8,118$4,965$2,979$351
39 years$19,284$12,311$7,606$4,578$2,701$297
40 years$18,593$11,713$7,129$4,222$2,450$252
41 years$17,938$11,150$6,685$3,896$2,223$214
42 years$17,315$10,619$6,271$3,595$2,017$181
43 years$16,723$10,118$5,884$3,319$1,831$153
44 years$16,159$9,644$5,523$3,064$1,662$130
45 years$15,622$9,197$5,186$2,830$1,509$110
46 years$15,109$8,773$4,871$2,614$1,370$93
47 years$14,620$8,372$4,576$2,415$1,244$79
48 years$14,153$7,993$4,300$2,232$1,129$67
49 years$13,706$7,632$4,042$2,062$1,026$57
50 years$13,278$7,291$3,800$1,906$932$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $13,600,000, adding $6,061 every year, while hoping to spend $45,552 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: 57/24/19 Blend
63$13,600,000$13,600,000$13,600,000$13,600,000
64$14,993,452$14,272,652$14,061,852$15,772,048
65$16,474,317$14,923,545$14,484,457$16,953,266
66$18,104,704$15,604,805$14,919,693$18,234,472
67$19,899,815$16,317,872$15,367,934$19,629,714
68$21,876,403$17,064,255$15,829,567$21,149,970
69$24,052,928$17,845,535$16,304,989$22,807,312
70$26,449,730$18,663,369$16,794,609$24,615,013
71$29,089,223$19,519,495$17,298,849$26,587,673
72$31,996,105$20,415,731$17,818,142$28,741,350
73$35,197,592$21,353,987$18,352,934$31,093,706
74$38,723,674$22,336,260$18,903,685$33,664,174
75$42,607,398$23,364,646$19,470,868$36,474,132
76$46,885,181$24,441,342$20,054,970$39,547,103
77$51,597,150$25,568,648$20,656,492$42,908,971
78$56,787,524$26,748,977$21,275,950$46,588,222
79$62,505,032$27,984,857$21,913,874$50,616,203
80$68,803,369$29,278,939$22,570,813$55,027,417
81$75,741,705$30,633,999$23,247,328$59,859,843
82$83,385,244$32,052,950$23,943,998$65,155,284
83$91,805,837$33,538,843$24,661,420$70,959,757
84$101,082,663$35,094,876$25,400,208$77,323,925
85$111,302,973$36,724,403$26,160,993$84,303,562
86$122,562,915$38,430,938$26,944,426$91,960,074
87$134,968,443$40,218,165$27,751,175$100,361,076
88$148,636,315$42,089,946$28,581,930$109,581,014
89$163,695,194$44,050,328$29,437,399$119,701,865
90$180,286,865$46,103,555$30,318,313$130,813,904
91$198,567,571$48,254,075$31,225,422$143,016,539
92$218,709,489$50,506,551$32,159,500$156,419,248
93$240,902,357$52,865,872$33,121,343$171,142,599
94$265,355,258$55,337,161$34,111,769$187,319,379
95$292,298,603$57,925,790$35,131,622$205,095,834
96$321,986,297$60,637,390$36,181,768$224,633,043
97$354,698,144$63,477,867$37,263,101$246,108,421
98$390,742,480$66,453,407$38,376,541$269,717,387
99$430,459,089$69,570,501$39,523,031$295,675,192
100$474,222,411$72,835,950$40,703,547$324,218,940