Can I retire at age 65 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,065,640
2 years$555,978$545,623$535,588$525,858$516,421$497,498
3 years$366,970$356,571$346,561$336,922$327,638$309,225
4 years$272,485$262,117$252,208$242,734$233,674$215,912
5 years$215,808$205,503$195,723$186,443$177,636$160,576
6 years$178,036$167,809$158,174$149,100$140,557$124,219
7 years$151,067$140,926$131,443$122,583$114,310$98,699
8 years$130,849$120,799$111,474$102,832$94,832$79,943
9 years$115,133$105,177$96,013$87,590$79,862$65,687
10 years$102,567$92,709$83,706$75,503$68,046$54,574
11 years$92,292$82,533$73,693$65,711$58,522$45,737
12 years$83,736$74,077$65,401$57,637$50,714$38,599
13 years$76,502$66,944$58,431$50,885$44,224$32,761
14 years$70,307$60,850$52,501$45,170$38,766$27,935
15 years$64,942$55,588$47,401$40,284$34,133$23,913
16 years$60,253$51,001$42,976$36,070$30,167$20,536
17 years$56,120$46,970$39,107$32,408$26,748$17,684
18 years$52,450$43,402$35,699$29,206$23,783$15,263
19 years$49,170$40,225$32,681$26,390$21,198$13,200
20 years$46,222$37,379$29,993$23,902$18,935$11,434
21 years$43,558$34,817$27,588$21,692$16,944$9,919
22 years$41,140$32,500$25,426$19,723$15,188$8,616
23 years$38,935$30,397$23,477$17,962$13,634$7,491
24 years$36,917$28,480$21,712$16,383$12,254$6,520
25 years$35,063$26,727$20,110$14,962$11,027$5,679
26 years$33,354$25,119$18,651$13,680$9,933$4,949
27 years$31,775$23,640$17,319$12,522$8,955$4,316
28 years$30,311$22,276$16,100$11,473$8,080$3,766
29 years$28,951$21,015$14,983$10,521$7,296$3,288
30 years$27,684$19,846$13,956$9,655$6,593$2,871
31 years$26,500$18,761$13,010$8,868$5,961$2,508
32 years$25,393$17,752$12,139$8,150$5,392$2,192
33 years$24,356$16,811$11,334$7,494$4,880$1,916
34 years$23,381$15,933$10,590$6,895$4,418$1,675
35 years$22,464$15,113$9,901$6,348$4,001$1,465
36 years$21,600$14,344$9,262$5,846$3,625$1,281
37 years$20,785$13,624$8,669$5,386$3,286$1,121
38 years$20,014$12,947$8,118$4,965$2,979$980
39 years$19,284$12,311$7,606$4,578$2,701$858
40 years$18,593$11,713$7,129$4,222$2,450$751
41 years$17,938$11,150$6,685$3,896$2,223$657
42 years$17,315$10,619$6,271$3,595$2,017$575
43 years$16,723$10,118$5,884$3,319$1,831$503
44 years$16,159$9,644$5,523$3,064$1,662$440
45 years$15,622$9,197$5,186$2,830$1,509$386
46 years$15,109$8,773$4,871$2,614$1,370$337
47 years$14,620$8,372$4,576$2,415$1,244$295
48 years$14,153$7,993$4,300$2,232$1,129$259
49 years$13,706$7,632$4,042$2,062$1,026$226
50 years$13,278$7,291$3,800$1,906$932$198

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,600,000, adding $6,435 every year, while hoping to spend $47,678 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$13,600,000$13,600,000$13,600,000$13,600,000
65$14,993,838$14,273,038$14,062,238$16,246,067
66$16,472,480$14,921,688$14,482,594$17,713,883
67$18,100,346$15,600,523$14,915,434$19,319,192
68$19,892,606$16,310,974$15,361,125$21,081,480
69$21,865,976$17,054,536$15,820,047$23,016,522
70$24,038,877$17,832,779$16,292,590$25,141,696
71$26,431,604$18,647,347$16,779,153$27,476,142
72$29,066,523$19,499,962$17,280,151$30,040,941
73$31,968,279$20,392,431$17,796,006$32,859,318
74$35,164,029$21,326,646$18,327,158$35,956,855
75$38,683,698$22,304,589$18,874,055$39,361,732
76$42,560,260$23,328,339$19,437,161$43,104,996
77$46,830,053$24,400,074$20,016,952$47,220,847
78$51,533,117$25,522,076$20,613,919$51,746,960
79$56,713,574$26,696,737$21,228,565$56,724,844
80$62,420,047$27,926,566$21,861,410$62,200,227
81$68,706,114$29,214,189$22,512,989$68,223,491
82$75,630,815$30,562,362$23,183,851$74,850,138
83$83,259,210$31,973,970$23,874,563$82,141,323
84$91,662,995$33,452,040$24,585,706$90,164,420
85$100,921,173$34,999,742$25,317,880$98,993,661
86$111,120,804$36,620,401$26,071,700$108,710,833
87$122,357,827$38,317,501$26,847,803$119,406,050
88$134,737,961$40,094,695$27,646,840$131,178,599
89$148,377,707$41,955,809$28,469,483$144,137,877
90$163,405,446$43,904,857$29,316,424$158,404,421
91$179,962,651$45,946,044$30,188,373$174,111,042
92$198,205,221$48,083,779$31,086,064$191,404,079
93$218,304,954$50,322,685$32,010,247$210,444,775
94$240,451,168$52,667,605$32,961,699$231,410,799
95$264,852,487$55,123,619$33,941,217$254,497,918
96$291,738,814$57,696,049$34,949,620$279,921,846
97$321,363,494$60,390,476$35,987,753$307,920,272
98$354,005,711$63,212,751$37,056,484$338,755,106
99$389,973,124$66,169,006$38,156,707$372,714,944
100$429,604,767$69,265,671$39,289,340$410,117,792