Can I retire at age 65 with 13,400,000?

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 $13,400,000?

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$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,064,032
2 years$547,802$537,599$527,712$518,125$508,826$504,281
3 years$361,573$351,327$341,464$331,968$322,820$318,372
4 years$268,478$258,263$248,499$239,164$230,238$225,922
5 years$212,635$202,481$192,845$183,701$175,023$170,852
6 years$175,418$165,341$155,848$146,907$138,490$134,469
7 years$148,845$138,853$129,510$120,780$112,629$108,760
8 years$128,925$119,023$109,835$101,320$93,437$89,720
9 years$113,439$103,631$94,601$86,302$78,687$75,122
10 years$101,058$91,345$82,475$74,393$67,046$63,631
11 years$90,935$81,319$72,610$64,744$57,661$54,394
12 years$82,505$72,988$64,439$56,789$49,968$46,846
13 years$75,377$65,960$57,572$50,137$43,573$40,594
14 years$69,273$59,956$51,729$44,506$38,196$35,356
15 years$63,987$54,771$46,704$39,691$33,631$30,926
16 years$59,367$50,251$42,344$35,539$29,723$27,151
17 years$55,295$46,279$38,532$31,932$26,354$23,910
18 years$51,679$42,764$35,174$28,777$23,433$21,113
19 years$48,447$39,633$32,200$26,002$20,887$18,687
20 years$45,542$36,829$29,552$23,550$18,656$16,573
21 years$42,918$34,305$27,182$21,373$16,695$14,724
22 years$40,535$32,022$25,053$19,433$14,965$13,102
23 years$38,362$29,950$23,132$17,698$13,433$11,674
24 years$36,374$28,061$21,393$16,142$12,074$10,414
25 years$34,547$26,334$19,814$14,742$10,865$9,300
26 years$32,864$24,750$18,376$13,479$9,787$8,313
27 years$31,308$23,292$17,064$12,338$8,824$7,437
28 years$29,866$21,948$15,863$11,304$7,962$6,658
29 years$28,525$20,706$14,762$10,366$7,189$5,964
30 years$27,277$19,554$13,750$9,513$6,496$5,346
31 years$26,111$18,485$12,819$8,737$5,873$4,795
32 years$25,020$17,491$11,960$8,030$5,312$4,302
33 years$23,997$16,564$11,168$7,384$4,808$3,862
34 years$23,037$15,699$10,434$6,794$4,353$3,468
35 years$22,134$14,890$9,755$6,254$3,943$3,115
36 years$21,282$14,133$9,126$5,760$3,572$2,799
37 years$20,479$13,423$8,542$5,307$3,238$2,516
38 years$19,720$12,757$7,999$4,892$2,935$2,261
39 years$19,001$12,130$7,494$4,510$2,662$2,033
40 years$18,320$11,541$7,024$4,160$2,414$1,829
41 years$17,674$10,986$6,586$3,838$2,190$1,645
42 years$17,060$10,463$6,178$3,542$1,987$1,480
43 years$16,477$9,969$5,798$3,270$1,804$1,332
44 years$15,921$9,502$5,442$3,019$1,637$1,198
45 years$15,392$9,061$5,110$2,788$1,486$1,078
46 years$14,887$8,644$4,799$2,576$1,350$971
47 years$14,405$8,249$4,509$2,380$1,225$874
48 years$13,945$7,875$4,237$2,199$1,113$787
49 years$13,504$7,520$3,983$2,032$1,011$708
50 years$13,083$7,184$3,744$1,878$918$638

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,400,000, adding $3,808 every year, while hoping to spend $39,086 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: 85/5/10 Blend
64$13,400,000$13,400,000$13,400,000$13,400,000
65$14,770,728$14,060,528$13,852,828$16,004,542
66$16,235,755$14,707,907$14,275,310$17,458,662
67$17,848,905$15,385,697$14,710,636$19,050,361
68$19,625,245$16,095,348$15,159,194$20,797,963
69$21,581,377$16,838,377$15,621,385$22,717,141
70$23,735,598$17,616,378$16,097,621$24,825,157
71$26,108,066$18,431,017$16,588,328$27,141,028
72$28,720,996$19,284,044$17,093,945$29,685,698
73$31,598,867$20,177,292$17,614,921$32,482,239
74$34,768,653$21,112,681$18,151,723$35,556,068
75$38,260,078$22,092,225$18,704,828$38,935,182
76$42,105,897$23,118,035$19,274,731$42,650,424
77$46,342,203$24,192,323$19,861,939$46,735,771
78$51,008,770$25,317,409$20,466,976$51,228,656
79$56,149,426$26,495,724$21,090,381$56,170,316
80$61,812,468$27,729,815$21,732,710$61,606,182
81$68,051,118$29,022,355$22,394,534$67,586,306
82$74,924,025$30,376,143$23,076,444$74,165,832
83$82,495,817$31,794,115$23,779,046$81,405,515
84$90,837,711$33,279,348$24,502,965$89,372,290
85$100,028,190$34,835,068$25,248,847$98,139,908
86$110,153,736$36,464,657$26,017,354$107,789,622
87$121,309,652$38,171,660$26,809,170$118,410,961
88$133,600,959$39,959,793$27,624,999$130,102,564
89$147,143,387$41,832,954$28,465,567$142,973,116
90$162,064,469$43,795,225$29,331,620$157,142,369
91$178,504,745$45,850,891$30,223,929$172,742,270
92$196,619,084$48,004,439$31,143,286$189,918,203
93$216,578,151$50,260,578$32,090,507$208,830,363
94$238,570,017$52,624,241$33,066,433$229,655,259
95$262,801,931$55,100,601$34,071,931$252,587,386
96$289,502,281$57,695,083$35,107,893$277,841,048
97$318,922,744$60,413,373$36,175,239$305,652,388
98$351,340,669$63,261,432$37,274,914$336,281,607
99$387,061,687$66,245,513$38,407,894$370,015,420
100$426,422,604$69,372,168$39,575,183$407,169,761