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%11.1%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,119,145
2 years$576,418$565,683$555,279$545,191$535,407$530,149
3 years$380,462$369,680$359,302$349,309$339,684$334,541
4 years$282,503$271,754$261,480$251,658$242,265$237,275
5 years$223,742$213,058$202,919$193,297$184,166$179,344
6 years$184,582$173,978$163,989$154,581$145,725$141,077
7 years$156,621$146,107$136,275$127,090$118,513$114,042
8 years$135,660$125,240$115,572$106,613$98,318$94,025
9 years$119,365$109,044$99,543$90,810$82,798$78,681
10 years$106,337$96,117$86,783$78,279$70,548$66,605
11 years$95,685$85,567$76,403$68,126$60,674$56,902
12 years$86,815$76,801$67,805$59,756$52,579$48,976
13 years$79,315$69,405$60,580$52,756$45,849$42,412
14 years$72,892$63,088$54,431$46,831$40,191$36,915
15 years$67,330$57,632$49,144$41,765$35,388$32,269
16 years$62,468$52,876$44,556$37,396$31,276$28,310
17 years$58,183$48,697$40,544$33,600$27,731$24,915
18 years$54,378$44,998$37,012$30,280$24,657$21,985
19 years$50,978$41,704$33,883$27,361$21,978$19,445
20 years$47,921$38,753$31,096$24,780$19,631$17,232
21 years$45,160$36,097$28,602$22,490$17,567$15,299
22 years$42,652$33,695$26,361$20,448$15,747$13,603
23 years$40,366$31,514$24,340$18,623$14,135$12,111
24 years$38,274$29,527$22,510$16,985$12,705$10,796
25 years$36,352$27,710$20,849$15,512$11,433$9,634
26 years$34,581$26,043$19,336$14,183$10,298$8,605
27 years$32,943$24,509$17,956$12,982$9,285$7,692
28 years$31,426$23,095$16,692$11,894$8,378$6,881
29 years$30,015$21,787$15,533$10,907$7,565$6,159
30 years$28,702$20,576$14,469$10,010$6,835$5,516
31 years$27,475$19,451$13,489$9,194$6,180$4,943
32 years$26,327$18,405$12,585$8,449$5,590$4,432
33 years$25,251$17,429$11,751$7,770$5,059$3,975
34 years$24,241$16,519$10,979$7,149$4,580$3,566
35 years$23,290$15,668$10,265$6,581$4,149$3,201
36 years$22,394$14,871$9,603$6,061$3,759$2,874
37 years$21,549$14,124$8,988$5,584$3,407$2,581
38 years$20,750$13,423$8,417$5,147$3,089$2,318
39 years$19,993$12,764$7,886$4,746$2,801$2,082
40 years$19,277$12,144$7,391$4,377$2,540$1,871
41 years$18,597$11,560$6,931$4,039$2,305$1,682
42 years$17,951$11,009$6,501$3,727$2,091$1,512
43 years$17,337$10,490$6,100$3,441$1,898$1,359
44 years$16,753$9,999$5,726$3,177$1,723$1,222
45 years$16,196$9,535$5,377$2,934$1,564$1,099
46 years$15,665$9,096$5,050$2,710$1,420$988
47 years$15,158$8,680$4,744$2,504$1,289$889
48 years$14,673$8,286$4,458$2,314$1,171$799
49 years$14,210$7,913$4,191$2,138$1,064$719
50 years$13,767$7,559$3,940$1,976$966$647

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 $5,756 every year, while hoping to spend $36,950 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: 75/16/9 Blend
63$14,100,000$14,100,000$14,100,000$14,100,000
64$15,544,137$14,796,837$14,578,287$16,686,211
65$17,090,325$15,482,568$15,027,345$18,124,950
66$18,792,985$16,200,661$15,490,209$19,695,885
67$20,668,039$16,952,663$15,967,300$21,416,322
68$22,733,031$17,740,195$16,459,057$23,301,073
69$25,007,293$18,564,958$16,965,928$25,366,444
70$27,512,128$19,428,731$17,488,377$27,630,384
71$30,271,010$20,333,384$18,026,883$30,112,652
72$33,309,806$21,280,873$18,581,936$32,835,002
73$36,657,020$22,273,250$19,154,046$35,821,385
74$40,344,064$23,312,666$19,743,733$39,098,170
75$44,405,548$24,401,377$20,351,539$42,694,394
76$48,879,615$25,541,746$20,978,017$46,642,030
77$53,808,296$26,736,251$21,623,740$50,976,284
78$59,237,904$27,987,490$22,289,297$55,735,927
79$65,219,480$29,298,186$22,975,298$60,963,657
80$71,809,265$30,671,195$23,682,368$66,706,495
81$79,069,235$32,109,509$24,411,153$73,016,227
82$87,067,689$33,616,267$25,162,318$79,949,890
83$95,879,886$35,194,757$25,936,549$87,570,304
84$105,588,763$36,848,429$26,734,553$95,946,659
85$116,285,714$38,580,899$27,557,057$105,155,166
86$128,071,451$40,395,957$28,404,812$115,279,772
87$141,056,957$42,297,577$29,278,592$126,412,943
88$155,364,535$44,289,927$30,179,193$138,656,536
89$171,128,959$46,377,374$31,107,437$152,122,751
90$188,498,747$48,564,500$32,064,171$166,935,186
91$207,637,564$50,856,106$33,050,265$183,229,998
92$228,725,767$53,257,226$34,066,621$201,157,181
93$251,962,106$55,773,141$35,114,163$220,881,973
94$277,565,600$58,409,384$36,193,847$242,586,412
95$305,777,606$61,171,759$37,306,656$266,471,046
96$336,864,097$64,066,350$38,453,603$292,756,817
97$371,118,171$67,099,537$39,635,735$321,687,138
98$408,862,819$70,278,009$40,854,127$353,530,185
99$450,453,975$73,608,780$42,109,889$388,581,418
100$496,283,875$77,099,204$43,404,164$427,166,360