Can I retire at age 64 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%11%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,079,913
2 years$555,978$545,623$535,588$525,858$516,421$511,807
3 years$366,970$356,571$346,561$336,922$327,638$323,124
4 years$272,485$262,117$252,208$242,734$233,674$229,294
5 years$215,808$205,503$195,723$186,443$177,636$173,402
6 years$178,036$167,809$158,174$149,100$140,557$136,476
7 years$151,067$140,926$131,443$122,583$114,310$110,384
8 years$130,849$120,799$111,474$102,832$94,832$91,059
9 years$115,133$105,177$96,013$87,590$79,862$76,244
10 years$102,567$92,709$83,706$75,503$68,046$64,580
11 years$92,292$82,533$73,693$65,711$58,522$55,206
12 years$83,736$74,077$65,401$57,637$50,714$47,546
13 years$76,502$66,944$58,431$50,885$44,224$41,200
14 years$70,307$60,850$52,501$45,170$38,766$35,884
15 years$64,942$55,588$47,401$40,284$34,133$31,388
16 years$60,253$51,001$42,976$36,070$30,167$27,556
17 years$56,120$46,970$39,107$32,408$26,748$24,267
18 years$52,450$43,402$35,699$29,206$23,783$21,429
19 years$49,170$40,225$32,681$26,390$21,198$18,966
20 years$46,222$37,379$29,993$23,902$18,935$16,820
21 years$43,558$34,817$27,588$21,692$16,944$14,944
22 years$41,140$32,500$25,426$19,723$15,188$13,297
23 years$38,935$30,397$23,477$17,962$13,634$11,848
24 years$36,917$28,480$21,712$16,383$12,254$10,569
25 years$35,063$26,727$20,110$14,962$11,027$9,439
26 years$33,354$25,119$18,651$13,680$9,933$8,437
27 years$31,775$23,640$17,319$12,522$8,955$7,548
28 years$30,311$22,276$16,100$11,473$8,080$6,757
29 years$28,951$21,015$14,983$10,521$7,296$6,053
30 years$27,684$19,846$13,956$9,655$6,593$5,426
31 years$26,500$18,761$13,010$8,868$5,961$4,866
32 years$25,393$17,752$12,139$8,150$5,392$4,366
33 years$24,356$16,811$11,334$7,494$4,880$3,919
34 years$23,381$15,933$10,590$6,895$4,418$3,519
35 years$22,464$15,113$9,901$6,348$4,001$3,161
36 years$21,600$14,344$9,262$5,846$3,625$2,841
37 years$20,785$13,624$8,669$5,386$3,286$2,553
38 years$20,014$12,947$8,118$4,965$2,979$2,295
39 years$19,284$12,311$7,606$4,578$2,701$2,064
40 years$18,593$11,713$7,129$4,222$2,450$1,856
41 years$17,938$11,150$6,685$3,896$2,223$1,670
42 years$17,315$10,619$6,271$3,595$2,017$1,502
43 years$16,723$10,118$5,884$3,319$1,831$1,351
44 years$16,159$9,644$5,523$3,064$1,662$1,216
45 years$15,622$9,197$5,186$2,830$1,509$1,095
46 years$15,109$8,773$4,871$2,614$1,370$985
47 years$14,620$8,372$4,576$2,415$1,244$887
48 years$14,153$7,993$4,300$2,232$1,129$798
49 years$13,706$7,632$4,042$2,062$1,026$719
50 years$13,278$7,291$3,800$1,906$932$647

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 $5,405 every year, while hoping to spend $25,504 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: 38/50/12 Blend
63$13,600,000$13,600,000$13,600,000$13,600,000
64$14,992,775$14,271,975$14,061,175$15,507,517
65$16,494,902$14,944,166$14,505,089$16,546,367
66$18,149,391$15,648,439$14,963,018$17,665,442
67$19,971,757$16,386,340$15,435,407$18,874,250
68$21,979,094$17,159,489$15,922,711$20,180,856
69$24,190,241$17,969,584$16,425,401$21,594,097
70$26,625,958$18,818,405$16,943,965$23,123,662
71$29,309,120$19,707,821$17,478,901$24,780,172
72$32,264,934$20,639,789$18,030,729$26,575,273
73$35,521,180$21,616,361$18,599,981$28,521,740
74$39,108,467$22,639,689$19,187,207$30,633,590
75$43,060,528$23,712,031$19,792,975$32,926,201
76$47,414,533$24,835,752$20,417,871$35,416,454
77$52,211,444$26,013,332$21,062,499$38,122,877
78$57,496,400$27,247,374$21,727,481$41,065,815
79$63,319,142$28,540,605$22,413,461$44,267,607
80$69,734,485$29,895,885$23,121,102$47,752,791
81$76,802,831$31,316,212$23,851,088$51,548,317
82$84,590,745$32,804,731$24,604,124$55,683,798
83$93,171,577$34,364,739$25,380,938$60,191,770
84$102,626,161$35,999,694$26,182,283$65,107,989
85$113,043,571$37,713,221$27,008,931$70,471,753
86$124,521,967$39,509,121$27,861,683$76,326,261
87$137,169,521$41,391,381$28,741,362$82,719,004
88$151,105,434$43,364,181$29,648,819$89,702,197
89$166,461,066$45,431,903$30,584,932$97,333,255
90$183,381,172$47,599,144$31,550,605$105,675,321
91$202,025,274$49,870,724$32,546,772$114,797,838
92$222,569,159$52,251,697$33,574,397$124,777,191
93$245,206,546$54,747,363$34,634,472$135,697,403
94$270,150,909$57,363,279$35,728,022$147,650,912
95$297,637,496$60,105,274$36,856,105$160,739,418
96$327,925,548$62,979,460$38,019,812$175,074,821
97$361,300,745$65,992,245$39,220,267$190,780,256
98$398,077,907$69,150,350$40,458,631$207,991,223
99$438,603,960$72,460,824$41,736,102$226,856,848
100$483,261,217$75,931,057$43,053,914$247,541,259