Can I retire at age 64 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,118,675
2 years$576,418$565,683$555,279$545,191$535,407$529,676
3 years$380,462$369,680$359,302$349,309$339,684$334,078
4 years$282,503$271,754$261,480$251,658$242,265$236,828
5 years$223,742$213,058$202,919$193,297$184,166$178,913
6 years$184,582$173,978$163,989$154,581$145,725$140,662
7 years$156,621$146,107$136,275$127,090$118,513$113,644
8 years$135,660$125,240$115,572$106,613$98,318$93,643
9 years$119,365$109,044$99,543$90,810$82,798$78,316
10 years$106,337$96,117$86,783$78,279$70,548$66,257
11 years$95,685$85,567$76,403$68,126$60,674$56,570
12 years$86,815$76,801$67,805$59,756$52,579$48,660
13 years$79,315$69,405$60,580$52,756$45,849$42,112
14 years$72,892$63,088$54,431$46,831$40,191$36,630
15 years$67,330$57,632$49,144$41,765$35,388$31,999
16 years$62,468$52,876$44,556$37,396$31,276$28,054
17 years$58,183$48,697$40,544$33,600$27,731$24,672
18 years$54,378$44,998$37,012$30,280$24,657$21,756
19 years$50,978$41,704$33,883$27,361$21,978$19,228
20 years$47,921$38,753$31,096$24,780$19,631$17,028
21 years$45,160$36,097$28,602$22,490$17,567$15,106
22 years$42,652$33,695$26,361$20,448$15,747$13,422
23 years$40,366$31,514$24,340$18,623$14,135$11,941
24 years$38,274$29,527$22,510$16,985$12,705$10,636
25 years$36,352$27,710$20,849$15,512$11,433$9,484
26 years$34,581$26,043$19,336$14,183$10,298$8,464
27 years$32,943$24,509$17,956$12,982$9,285$7,560
28 years$31,426$23,095$16,692$11,894$8,378$6,758
29 years$30,015$21,787$15,533$10,907$7,565$6,044
30 years$28,702$20,576$14,469$10,010$6,835$5,409
31 years$27,475$19,451$13,489$9,194$6,180$4,843
32 years$26,327$18,405$12,585$8,449$5,590$4,339
33 years$25,251$17,429$11,751$7,770$5,059$3,888
34 years$24,241$16,519$10,979$7,149$4,580$3,486
35 years$23,290$15,668$10,265$6,581$4,149$3,126
36 years$22,394$14,871$9,603$6,061$3,759$2,804
37 years$21,549$14,124$8,988$5,584$3,407$2,516
38 years$20,750$13,423$8,417$5,147$3,089$2,258
39 years$19,993$12,764$7,886$4,746$2,801$2,027
40 years$19,277$12,144$7,391$4,377$2,540$1,820
41 years$18,597$11,560$6,931$4,039$2,305$1,634
42 years$17,951$11,009$6,501$3,727$2,091$1,468
43 years$17,337$10,490$6,100$3,441$1,898$1,318
44 years$16,753$9,999$5,726$3,177$1,723$1,184
45 years$16,196$9,535$5,377$2,934$1,564$1,064
46 years$15,665$9,096$5,050$2,710$1,420$956
47 years$15,158$8,680$4,744$2,504$1,289$859
48 years$14,673$8,286$4,458$2,314$1,171$772
49 years$14,210$7,913$4,191$2,138$1,064$694
50 years$13,767$7,559$3,940$1,976$966$624

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 64 starting with $14,100,000, adding $3,941 every year, while hoping to spend $35,813 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: 50/21/29 Blend
63$14,100,000$14,100,000$14,100,000$14,100,000
64$15,542,265$14,794,965$14,576,415$16,191,453
65$17,089,471$15,481,814$15,026,620$17,333,197
66$18,793,292$16,201,117$15,490,707$18,569,636
67$20,669,665$16,954,429$15,969,103$19,912,935
68$22,736,151$17,743,376$16,462,247$21,373,259
69$25,012,100$18,569,664$16,970,595$22,961,783
70$27,518,838$19,435,081$17,494,613$24,690,791
71$30,279,862$20,341,502$18,034,785$26,573,788
72$33,321,064$21,290,891$18,591,606$28,625,621
73$36,670,977$22,285,310$19,165,590$30,862,622
74$40,361,043$23,326,916$19,757,264$33,302,746
75$44,425,909$24,417,975$20,367,172$35,965,748
76$48,903,755$25,560,859$20,995,875$38,873,355
77$53,836,653$26,758,056$21,643,951$42,049,470
78$59,270,964$28,012,173$22,311,997$45,520,392
79$65,257,780$29,325,947$23,000,626$49,315,059
80$71,853,397$30,702,242$23,710,470$53,465,311
81$79,119,856$32,144,065$24,442,184$58,006,190
82$87,125,522$33,654,565$25,196,438$62,976,261
83$95,945,733$35,237,046$25,973,926$68,417,972
84$105,663,508$36,894,971$26,775,363$74,378,041
85$116,370,332$38,631,971$27,601,483$80,907,899
86$128,167,020$40,451,851$28,453,047$88,064,161
87$141,164,668$42,358,604$29,330,836$95,909,153
88$155,485,701$44,356,413$30,235,657$104,511,497
89$171,265,031$46,449,665$31,168,339$113,946,743
90$188,651,325$48,642,960$32,129,739$124,298,077
91$207,808,415$50,941,119$33,120,740$135,657,098
92$228,916,839$53,349,201$34,142,251$148,124,670
93$252,175,550$55,872,505$35,195,210$161,811,862
94$277,803,789$58,516,591$36,280,583$176,840,993
95$306,043,158$61,287,286$37,399,365$193,346,767
96$337,159,899$64,190,702$38,552,582$211,477,538
97$371,447,409$67,233,246$39,741,294$231,396,695
98$409,229,006$70,421,636$40,966,588$253,284,195
99$450,860,986$73,762,918$42,229,590$277,338,244
100$496,735,982$77,264,477$43,531,457$303,777,159