Can I retire at age 65 with 13,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,077,912
2 years$560,066$549,635$539,526$529,725$520,218$505,587
3 years$369,668$359,193$349,109$339,400$330,048$315,786
4 years$274,488$264,045$254,062$244,518$235,393$221,610
5 years$217,395$207,014$197,163$187,814$178,942$165,679
6 years$179,346$169,043$159,337$150,196$141,591$128,862
7 years$152,178$141,962$132,410$123,484$115,151$102,962
8 years$131,811$121,687$112,294$103,588$95,529$83,878
9 years$115,979$105,951$96,719$88,234$80,449$69,331
10 years$103,321$93,390$84,321$76,059$68,547$57,954
11 years$92,971$83,140$74,235$66,194$58,952$48,875
12 years$84,352$74,622$65,882$58,061$51,087$41,513
13 years$77,065$67,437$58,861$51,259$44,549$35,465
14 years$70,824$61,298$52,887$45,502$39,051$30,445
15 years$65,420$55,997$47,750$40,580$34,384$26,240
16 years$60,696$51,376$43,292$36,335$30,388$22,692
17 years$56,533$47,315$39,394$32,647$26,945$19,680
18 years$52,836$43,721$35,962$29,421$23,958$17,109
19 years$49,532$40,521$32,921$26,584$21,354$14,905
20 years$46,562$37,654$30,214$24,077$19,074$13,008
21 years$43,878$35,073$27,791$21,852$17,069$11,370
22 years$41,442$32,739$25,613$19,868$15,300$9,952
23 years$39,221$30,620$23,649$18,094$13,734$8,720
24 years$37,188$28,689$21,872$16,503$12,345$7,649
25 years$35,321$26,924$20,258$15,072$11,108$6,715
26 years$33,600$25,304$18,788$13,781$10,006$5,899
27 years$32,009$23,814$17,446$12,614$9,021$5,186
28 years$30,534$22,440$16,219$11,557$8,140$4,562
29 years$29,164$21,169$15,093$10,598$7,350$4,015
30 years$27,887$19,992$14,058$9,726$6,641$3,535
31 years$26,695$18,899$13,106$8,933$6,004$3,114
32 years$25,580$17,882$12,228$8,210$5,431$2,744
33 years$24,535$16,935$11,418$7,549$4,915$2,418
34 years$23,553$16,051$10,668$6,946$4,450$2,132
35 years$22,629$15,224$9,974$6,394$4,031$1,880
36 years$21,759$14,449$9,330$5,889$3,652$1,659
37 years$20,937$13,724$8,733$5,426$3,310$1,463
38 years$20,161$13,042$8,178$5,001$3,001$1,291
39 years$19,426$12,402$7,662$4,611$2,721$1,139
40 years$18,730$11,800$7,182$4,253$2,468$1,005
41 years$18,070$11,232$6,734$3,924$2,239$887
42 years$17,442$10,697$6,317$3,622$2,032$783
43 years$16,845$10,192$5,927$3,343$1,844$692
44 years$16,278$9,715$5,564$3,087$1,674$611
45 years$15,736$9,264$5,224$2,851$1,520$539
46 years$15,220$8,838$4,907$2,633$1,380$476
47 years$14,728$8,434$4,610$2,433$1,253$420
48 years$14,257$8,051$4,332$2,248$1,138$371
49 years$13,807$7,689$4,072$2,078$1,033$328
50 years$13,376$7,344$3,828$1,920$939$290

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,700,000, adding $2,704 every year, while hoping to spend $23,257 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: 71/18/11 Blend
64$13,700,000$13,700,000$13,700,000$13,700,000
65$15,100,189$14,374,089$14,161,739$16,138,546
66$16,615,663$15,053,674$14,611,412$17,506,062
67$18,284,936$15,765,780$15,075,370$18,999,405
68$20,123,671$16,511,974$15,554,066$20,633,453
69$22,149,127$17,293,903$16,047,969$22,422,074
70$24,380,324$18,113,290$16,557,562$24,380,530
71$26,838,222$18,971,945$17,083,345$26,525,618
72$29,545,914$19,871,764$17,625,830$28,875,824
73$32,528,852$20,814,736$18,185,551$31,451,498
74$35,815,081$21,802,944$18,763,053$34,275,039
75$39,435,507$22,838,576$19,358,902$37,371,104
76$43,424,185$23,923,923$19,973,683$40,766,840
77$47,818,646$25,061,389$20,607,995$44,492,133
78$52,660,246$26,253,495$21,262,461$48,579,886
79$57,994,558$27,502,883$21,937,720$53,066,331
80$63,871,803$28,812,324$22,634,433$57,991,359
81$70,347,324$30,184,725$23,353,284$63,398,897
82$77,482,106$31,623,132$24,094,975$69,337,318
83$85,343,357$33,130,741$24,860,232$75,859,891
84$94,005,134$34,710,902$25,649,804$83,025,280
85$103,549,050$36,367,129$26,464,465$90,898,090
86$114,065,040$38,103,106$27,305,012$99,549,475
87$125,652,212$39,922,696$28,172,268$109,057,802
88$138,419,781$41,829,951$29,067,082$119,509,385
89$152,488,100$43,829,119$29,990,330$130,999,292
90$167,989,796$45,924,656$30,942,916$143,632,239
91$185,071,024$48,121,234$31,925,773$157,523,567
92$203,892,845$50,423,751$32,939,863$172,800,328
93$224,632,746$52,837,346$33,986,179$189,602,475
94$247,486,317$55,367,406$35,065,746$208,084,175
95$272,669,093$58,019,581$36,179,621$228,415,255
96$300,418,597$60,799,797$37,328,895$250,782,801
97$330,996,574$63,714,267$38,514,693$275,392,907
98$364,691,466$66,769,507$39,738,177$302,472,620
99$401,821,134$69,972,352$41,000,544$332,272,066
100$442,735,859$73,329,966$42,303,032$365,066,808