Can I retire at age 65 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,050,911
2 years$551,890$541,611$531,650$521,992$512,623$486,984
3 years$364,272$353,949$344,013$334,445$325,229$300,349
4 years$270,481$260,190$250,353$240,949$231,956$208,027
5 years$214,222$203,992$194,284$185,072$176,329$153,418
6 years$176,727$166,575$157,011$148,003$139,524$117,653
7 years$149,956$139,889$130,477$121,682$113,470$92,644
8 years$129,887$119,911$110,654$102,076$94,134$74,344
9 years$114,286$104,404$95,307$86,946$79,275$60,504
10 years$101,812$92,027$83,091$74,948$67,546$49,774
11 years$91,613$81,926$73,152$65,227$58,092$41,294
12 years$83,120$73,533$64,920$57,213$50,341$34,489
13 years$75,940$66,452$58,002$50,511$43,898$28,963
14 years$69,790$60,403$52,115$44,838$38,481$24,430
15 years$64,465$55,179$47,053$39,987$33,882$20,681
16 years$59,810$50,626$42,660$35,804$29,945$17,561
17 years$55,707$46,625$38,819$32,170$26,551$14,949
18 years$52,064$43,083$35,437$28,992$23,608$12,753
19 years$48,809$39,929$32,441$26,196$21,042$10,899
20 years$45,882$37,104$29,772$23,726$18,795$9,328
21 years$43,238$34,561$27,385$21,533$16,820$7,994
22 years$40,837$32,261$25,239$19,578$15,077$6,858
23 years$38,649$30,173$23,304$17,830$13,534$5,889
24 years$36,645$28,271$21,552$16,262$12,164$5,061
25 years$34,805$26,531$19,962$14,852$10,946$4,353
26 years$33,109$24,934$18,514$13,580$9,860$3,745
27 years$31,542$23,466$17,192$12,430$8,889$3,224
28 years$30,089$22,112$15,982$11,388$8,021$2,777
29 years$28,738$20,860$14,872$10,443$7,243$2,393
30 years$27,480$19,700$13,853$9,584$6,544$2,062
31 years$26,306$18,623$12,915$8,802$5,917$1,778
32 years$25,207$17,621$12,050$8,090$5,352$1,533
33 years$24,177$16,688$11,251$7,439$4,844$1,322
34 years$23,209$15,816$10,512$6,845$4,385$1,141
35 years$22,299$15,001$9,828$6,301$3,972$984
36 years$21,441$14,239$9,194$5,803$3,599$849
37 years$20,632$13,523$8,605$5,347$3,262$733
38 years$19,867$12,852$8,059$4,928$2,957$632
39 years$19,143$12,221$7,550$4,544$2,682$546
40 years$18,457$11,627$7,077$4,191$2,432$471
41 years$17,806$11,068$6,636$3,867$2,207$407
42 years$17,187$10,541$6,224$3,569$2,002$351
43 years$16,600$10,043$5,841$3,294$1,817$303
44 years$16,040$9,573$5,483$3,042$1,649$262
45 years$15,507$9,129$5,148$2,809$1,497$226
46 years$14,998$8,709$4,835$2,595$1,360$195
47 years$14,513$8,311$4,543$2,397$1,235$168
48 years$14,049$7,934$4,269$2,215$1,121$145
49 years$13,605$7,576$4,012$2,047$1,018$126
50 years$13,181$7,237$3,772$1,892$925$108

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,500,000, adding $5,938 every year, while hoping to spend $57,471 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: 48/46/6 Blend
64$13,500,000$13,500,000$13,500,000$13,500,000
65$14,883,125$14,167,625$13,958,375$15,574,132
66$16,340,055$14,800,690$14,364,832$16,680,419
67$17,943,666$15,462,849$14,782,979$17,874,254
68$19,708,858$16,155,467$15,213,147$19,169,006
69$21,652,050$16,879,973$15,655,676$20,574,073
70$23,791,334$17,637,867$16,110,916$22,099,767
71$26,146,645$18,430,717$16,579,226$23,757,414
72$28,739,947$19,260,167$17,060,975$25,559,449
73$31,595,447$20,127,940$17,556,543$27,519,530
74$34,739,814$21,035,840$18,066,318$29,652,660
75$38,202,438$21,985,759$18,590,703$31,975,322
76$42,015,703$22,979,678$19,130,108$34,505,628
77$46,215,295$24,019,673$19,684,957$37,263,482
78$50,840,536$25,107,917$20,255,684$40,270,761
79$55,934,756$26,246,691$20,842,735$43,551,512
80$61,545,705$27,438,382$21,446,570$47,132,174
81$67,725,997$28,685,493$22,067,660$51,041,814
82$74,533,611$29,990,645$22,706,489$55,312,397
83$82,032,438$31,356,586$23,363,556$59,979,075
84$90,292,883$32,786,194$24,039,370$65,080,510
85$99,392,526$34,282,487$24,734,458$70,659,228
86$109,416,861$35,848,625$25,449,360$76,762,011
87$120,460,096$37,487,923$26,184,629$83,440,325
88$132,626,046$39,203,853$26,940,835$90,750,795
89$146,029,113$41,000,051$27,718,563$98,755,726
90$160,795,362$42,880,333$28,518,414$107,523,680
91$177,063,713$44,848,694$29,341,005$117,130,107
92$194,987,254$46,909,322$30,186,971$127,658,044
93$214,734,682$49,066,607$31,056,962$139,198,885
94$236,491,897$51,325,148$31,951,648$151,853,225
95$260,463,758$53,689,768$32,871,716$165,731,795
96$286,876,014$56,165,519$33,817,871$180,956,490
97$315,977,436$58,757,698$34,790,839$197,661,501
98$348,042,166$61,471,856$35,791,363$215,994,563
99$383,372,301$64,313,812$36,820,208$236,118,329
100$422,300,750$67,289,663$37,878,159$258,211,886