Can I retire at age 65 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,029,232
2 years$539,626$529,576$519,835$510,392$501,232$477,823
3 years$356,177$346,083$336,368$327,013$318,002$295,271
4 years$264,470$254,408$244,790$235,594$226,802$204,923
5 years$209,461$199,459$189,967$180,959$172,411$151,447
6 years$172,800$162,873$153,521$144,714$136,423$116,395
7 years$146,624$136,781$127,577$118,978$110,948$91,860
8 years$127,001$117,246$108,195$99,807$92,042$73,887
9 years$111,746$102,084$93,189$85,014$77,513$60,277
10 years$99,550$89,982$81,244$73,283$66,045$49,710
11 years$89,578$80,106$71,526$63,778$56,801$41,346
12 years$81,273$71,899$63,477$55,942$49,222$34,623
13 years$74,252$64,975$56,713$49,388$42,923$29,153
14 years$68,239$59,061$50,957$43,841$37,626$24,657
15 years$63,032$53,953$46,007$39,099$33,129$20,932
16 years$58,481$49,501$41,712$35,009$29,279$17,825
17 years$54,469$45,589$37,956$31,455$25,961$15,218
18 years$50,907$42,126$34,649$28,347$23,083$13,020
19 years$47,724$39,042$31,720$25,614$20,575$11,160
20 years$44,863$36,280$29,111$23,199$18,378$9,581
21 years$42,277$33,793$26,776$21,054$16,446$8,236
22 years$39,930$31,544$24,679$19,143$14,742$7,088
23 years$37,790$29,503$22,786$17,434$13,233$6,105
24 years$35,831$27,642$21,073$15,901$11,894$5,264
25 years$34,032$25,941$19,518$14,522$10,703$4,541
26 years$32,373$24,380$18,102$13,278$9,641$3,920
27 years$30,841$22,945$16,809$12,153$8,692$3,386
28 years$29,420$21,621$15,627$11,135$7,843$2,926
29 years$28,100$20,397$14,542$10,211$7,082$2,529
30 years$26,869$19,262$13,545$9,371$6,399$2,187
31 years$25,721$18,209$12,628$8,607$5,785$1,891
32 years$24,647$17,230$11,782$7,910$5,233$1,636
33 years$23,639$16,317$11,001$7,274$4,736$1,416
34 years$22,693$15,465$10,279$6,693$4,288$1,226
35 years$21,803$14,668$9,610$6,161$3,884$1,061
36 years$20,965$13,922$8,990$5,674$3,519$919
37 years$20,173$13,223$8,414$5,228$3,189$795
38 years$19,425$12,566$7,880$4,819$2,891$689
39 years$18,717$11,949$7,382$4,443$2,622$597
40 years$18,046$11,369$6,919$4,098$2,378$517
41 years$17,410$10,822$6,488$3,781$2,158$448
42 years$16,806$10,307$6,086$3,489$1,958$388
43 years$16,231$9,820$5,711$3,221$1,777$336
44 years$15,683$9,361$5,361$2,974$1,613$291
45 years$15,162$8,926$5,034$2,747$1,464$252
46 years$14,665$8,515$4,728$2,537$1,329$218
47 years$14,190$8,126$4,442$2,344$1,207$189
48 years$13,737$7,757$4,174$2,166$1,096$164
49 years$13,303$7,408$3,923$2,002$996$142
50 years$12,888$7,076$3,688$1,850$904$123

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,200,000, adding $3,229 every year, while hoping to spend $26,245 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: 53/35/12 Blend
64$13,200,000$13,200,000$13,200,000$13,200,000
65$14,549,731$13,850,131$13,645,531$15,275,059
66$16,005,879$14,500,863$14,074,732$16,420,034
67$17,609,674$15,182,601$14,517,431$17,662,017
68$19,376,150$15,896,837$14,974,053$19,012,675
69$21,321,870$16,645,134$15,445,037$20,482,311
70$23,465,088$17,429,133$15,930,833$22,082,245
71$25,825,918$18,250,552$16,431,907$23,824,914
72$28,426,526$19,111,194$16,948,740$25,723,985
73$31,291,336$20,012,947$17,481,828$27,794,478
74$34,447,264$20,957,793$18,031,681$30,052,905
75$37,923,970$21,947,810$18,598,827$32,517,416
76$41,754,137$22,985,174$19,183,809$35,207,968
77$45,973,781$24,072,170$19,787,189$38,146,506
78$50,622,592$25,211,191$20,409,545$41,357,159
79$55,744,305$26,404,748$21,051,474$44,866,470
80$61,387,116$27,655,473$21,713,590$48,703,629
81$67,604,136$28,966,126$22,396,530$52,900,748
82$74,453,892$30,339,600$23,100,948$57,493,154
83$82,000,878$31,778,929$23,827,519$62,519,715
84$90,316,166$33,287,296$24,576,939$68,023,194
85$99,478,077$34,868,035$25,349,928$74,050,650
86$109,572,916$36,524,644$26,147,226$80,653,866
87$120,695,794$38,260,792$26,969,599$87,889,834
88$132,951,518$40,080,324$27,817,833$95,821,279
89$146,455,586$41,987,272$28,692,744$104,517,238
90$161,335,273$43,985,867$29,595,168$114,053,706
91$177,730,837$46,080,540$30,525,972$124,514,336
92$195,796,839$48,275,943$31,486,049$135,991,219
93$215,703,602$50,576,950$32,476,317$148,585,739
94$237,638,823$52,988,674$33,497,727$162,409,517
95$261,809,341$55,516,477$34,551,259$177,585,449
96$288,443,089$58,165,979$35,637,921$194,248,852
97$317,791,249$60,943,077$36,758,757$212,548,723
98$350,130,621$63,853,952$37,914,839$232,649,135
99$385,766,236$66,905,087$39,107,278$254,730,761
100$425,034,235$70,103,280$40,337,215$278,992,566