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

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,075,139
2 years$564,154$553,647$543,464$533,591$524,015$498,673
3 years$372,367$361,815$351,657$341,877$332,457$307,857
4 years$276,492$265,972$255,917$246,303$237,111$213,442
5 years$218,982$208,525$198,602$189,185$180,248$157,577
6 years$180,655$170,277$160,500$151,292$142,624$120,975
7 years$153,289$142,998$133,376$124,386$115,992$95,367
8 years$132,774$122,576$113,113$104,344$96,226$76,618
9 years$116,826$106,724$97,425$88,878$81,036$62,430
10 years$104,075$94,072$84,937$76,614$69,047$51,422
11 years$93,649$83,747$74,777$66,677$59,383$42,716
12 years$84,967$75,167$66,363$58,485$51,460$35,723
13 years$77,627$67,929$59,291$51,633$44,874$30,039
14 years$71,341$61,745$53,273$45,834$39,336$25,372
15 years$65,897$56,405$48,098$40,876$34,635$21,509
16 years$61,139$51,751$43,608$36,600$30,610$18,290
17 years$56,945$47,661$39,682$32,885$27,141$15,592
18 years$53,221$44,041$36,224$29,636$24,133$13,321
19 years$49,893$40,816$33,162$26,779$21,510$11,401
20 years$46,902$37,929$30,434$24,253$19,213$9,773
21 years$44,199$35,329$27,994$22,011$17,194$8,388
22 years$41,745$32,978$25,800$20,013$15,412$7,208
23 years$39,507$30,844$23,822$18,226$13,834$6,199
24 years$37,460$28,899$22,031$16,624$12,435$5,336
25 years$35,579$27,120$20,405$15,182$11,189$4,596
26 years$33,845$25,489$18,925$13,881$10,079$3,961
27 years$32,243$23,988$17,574$12,706$9,087$3,416
28 years$30,757$22,603$16,337$11,641$8,199$2,947
29 years$29,377$21,324$15,203$10,675$7,404$2,543
30 years$28,091$20,138$14,161$9,797$6,690$2,195
31 years$26,890$19,037$13,202$8,998$6,048$1,896
32 years$25,767$18,013$12,318$8,269$5,471$1,637
33 years$24,714$17,059$11,501$7,604$4,951$1,415
34 years$23,725$16,168$10,746$6,997$4,483$1,222
35 years$22,794$15,335$10,047$6,441$4,060$1,056
36 years$21,918$14,555$9,398$5,932$3,679$913
37 years$21,090$13,824$8,797$5,465$3,334$789
38 years$20,308$13,138$8,238$5,038$3,023$682
39 years$19,568$12,493$7,718$4,645$2,741$590
40 years$18,867$11,886$7,234$4,284$2,486$510
41 years$18,201$11,314$6,783$3,953$2,256$441
42 years$17,569$10,775$6,363$3,648$2,047$381
43 years$16,968$10,266$5,971$3,367$1,858$330
44 years$16,396$9,786$5,604$3,109$1,686$285
45 years$15,851$9,332$5,262$2,872$1,531$247
46 years$15,331$8,902$4,943$2,652$1,390$213
47 years$14,835$8,496$4,643$2,451$1,262$185
48 years$14,361$8,110$4,364$2,264$1,146$160
49 years$13,908$7,745$4,101$2,093$1,041$138
50 years$13,474$7,398$3,856$1,934$945$119

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 $2,896 every year, while hoping to spend $39,825 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: 62/22/16 Blend
64$13,800,000$13,800,000$13,800,000$13,800,000
65$15,210,587$14,479,187$14,265,287$16,092,659
66$16,719,694$15,146,294$14,700,801$17,353,313
67$18,381,394$15,844,754$15,149,569$18,724,158
68$20,211,211$16,576,062$15,611,995$20,219,710
69$22,226,250$17,341,784$16,088,492$21,852,084
70$24,445,357$18,143,561$16,579,486$23,634,608
71$26,889,302$18,983,114$17,085,417$25,581,942
72$29,580,971$19,862,247$17,606,739$27,710,214
73$32,545,582$20,782,849$18,143,917$30,037,167
74$35,810,926$21,746,903$18,697,432$32,582,325
75$39,407,623$22,756,485$19,267,780$35,367,173
76$43,369,420$23,813,771$19,855,469$38,415,352
77$47,733,499$24,921,045$20,461,026$41,752,881
78$52,540,838$26,080,697$21,084,992$45,408,399
79$57,836,588$27,295,236$21,727,923$49,413,428
80$63,670,507$28,567,289$22,390,396$53,802,664
81$70,097,425$29,899,613$23,073,001$58,614,305
82$77,177,763$31,295,095$23,776,347$63,890,399
83$84,978,104$32,756,764$24,501,064$69,677,241
84$93,571,818$34,287,793$25,247,797$76,025,800
85$103,039,758$35,891,509$26,017,213$82,992,197
86$113,471,022$37,571,402$26,809,998$90,638,225
87$124,963,793$39,331,127$27,626,860$99,031,929
88$137,626,267$41,174,519$28,468,526$108,248,236
89$151,577,672$43,105,596$29,335,747$118,369,661
90$166,949,396$45,128,572$30,229,297$129,487,074
91$183,886,226$47,247,864$31,149,970$141,700,550
92$202,547,715$49,468,104$32,098,588$155,120,306
93$223,109,687$51,794,145$33,075,995$169,867,733
94$245,765,895$54,231,079$34,083,062$186,076,530
95$270,729,856$56,784,241$35,120,684$203,893,959
96$298,236,861$59,459,228$36,189,786$223,482,225
97$328,546,195$62,261,904$37,291,318$245,019,994
98$361,943,590$65,198,421$38,426,260$268,704,071
99$398,743,918$68,275,226$39,595,622$294,751,244
100$439,294,166$71,499,080$40,800,444$323,400,320