Can I retire at age 65 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,069,063
2 years$564,154$553,647$543,464$533,591$524,015$492,656
3 years$372,367$361,815$351,657$341,877$332,457$302,089
4 years$276,492$265,972$255,917$246,303$237,111$207,968
5 years$218,982$208,525$198,602$189,185$180,248$152,410
6 years$180,655$170,277$160,500$151,292$142,624$116,116
7 years$153,289$142,998$133,376$124,386$115,992$90,814
8 years$132,774$122,576$113,113$104,344$96,226$72,365
9 years$116,826$106,724$97,425$88,878$81,036$58,468
10 years$104,075$94,072$84,937$76,614$69,047$47,741
11 years$93,649$83,747$74,777$66,677$59,383$39,304
12 years$84,967$75,167$66,363$58,485$51,460$32,570
13 years$77,627$67,929$59,291$51,633$44,874$27,131
14 years$71,341$61,745$53,273$45,834$39,336$22,696
15 years$65,897$56,405$48,098$40,876$34,635$19,053
16 years$61,139$51,751$43,608$36,600$30,610$16,040
17 years$56,945$47,661$39,682$32,885$27,141$13,536
18 years$53,221$44,041$36,224$29,636$24,133$11,445
19 years$49,893$40,816$33,162$26,779$21,510$9,694
20 years$46,902$37,929$30,434$24,253$19,213$8,221
21 years$44,199$35,329$27,994$22,011$17,194$6,981
22 years$41,745$32,978$25,800$20,013$15,412$5,934
23 years$39,507$30,844$23,822$18,226$13,834$5,047
24 years$37,460$28,899$22,031$16,624$12,435$4,297
25 years$35,579$27,120$20,405$15,182$11,189$3,660
26 years$33,845$25,489$18,925$13,881$10,079$3,119
27 years$32,243$23,988$17,574$12,706$9,087$2,659
28 years$30,757$22,603$16,337$11,641$8,199$2,268
29 years$29,377$21,324$15,203$10,675$7,404$1,935
30 years$28,091$20,138$14,161$9,797$6,690$1,651
31 years$26,890$19,037$13,202$8,998$6,048$1,409
32 years$25,767$18,013$12,318$8,269$5,471$1,203
33 years$24,714$17,059$11,501$7,604$4,951$1,027
34 years$23,725$16,168$10,746$6,997$4,483$877
35 years$22,794$15,335$10,047$6,441$4,060$749
36 years$21,918$14,555$9,398$5,932$3,679$640
37 years$21,090$13,824$8,797$5,465$3,334$547
38 years$20,308$13,138$8,238$5,038$3,023$467
39 years$19,568$12,493$7,718$4,645$2,741$399
40 years$18,867$11,886$7,234$4,284$2,486$341
41 years$18,201$11,314$6,783$3,953$2,256$291
42 years$17,569$10,775$6,363$3,648$2,047$249
43 years$16,968$10,266$5,971$3,367$1,858$213
44 years$16,396$9,786$5,604$3,109$1,686$182
45 years$15,851$9,332$5,262$2,872$1,531$155
46 years$15,331$8,902$4,943$2,652$1,390$133
47 years$14,835$8,496$4,643$2,451$1,262$113
48 years$14,361$8,110$4,364$2,264$1,146$97
49 years$13,908$7,745$4,101$2,093$1,041$83
50 years$13,474$7,398$3,856$1,934$945$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,800,000, adding $4,910 every year, while hoping to spend $49,985 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: 37/47/16 Blend
64$13,800,000$13,800,000$13,800,000$13,800,000
65$15,212,665$14,481,265$14,267,365$15,701,426
66$16,711,173$15,137,663$14,692,138$16,710,145
67$18,360,853$15,824,550$15,129,465$17,793,868
68$20,177,074$16,543,365$15,579,716$18,963,379
69$22,176,766$17,295,621$16,043,266$20,226,389
70$24,378,588$18,082,898$16,520,508$21,591,349
71$26,803,099$18,906,856$17,011,840$23,067,527
72$29,472,954$19,769,230$17,517,676$24,665,085
73$32,413,116$20,671,844$18,038,439$26,395,169
74$35,651,094$21,616,604$18,574,566$28,270,009
75$39,217,198$22,605,510$19,126,507$30,303,023
76$43,144,830$23,640,658$19,694,723$32,508,942
77$47,470,796$24,724,244$20,279,689$34,903,933
78$52,235,654$25,858,568$20,881,896$37,505,749
79$57,484,097$27,046,045$21,501,846$40,333,886
80$63,265,375$28,289,200$22,140,057$43,409,757
81$69,633,756$29,590,684$22,797,062$46,756,885
82$76,649,044$30,953,273$23,473,409$50,401,113
83$84,377,140$32,379,877$24,169,662$54,370,840
84$92,890,664$33,873,546$24,886,401$58,697,276
85$102,269,640$35,437,478$25,624,223$63,414,724
86$112,602,250$37,075,022$26,383,742$68,560,895
87$123,985,672$38,789,690$27,165,590$74,177,247
88$136,526,990$40,585,164$27,970,416$80,309,365
89$150,344,208$42,465,302$28,798,890$87,007,377
90$165,567,363$44,434,148$29,651,699$94,326,413
91$182,339,754$46,495,941$30,529,550$102,327,108
92$200,819,290$48,655,123$31,433,172$111,076,160
93$221,179,988$50,916,354$32,363,313$120,646,941
94$243,613,606$53,284,515$33,320,743$131,120,175
95$268,331,460$55,764,723$34,306,255$142,584,678
96$295,566,418$58,362,343$35,320,663$155,138,179
97$325,575,093$61,082,998$36,364,806$168,888,222
98$358,640,272$63,932,585$37,439,546$183,953,158
99$395,073,579$66,917,281$38,545,771$200,463,244
100$435,218,422$70,043,565$39,684,391$218,561,845