Can I retire at age 65 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,069,930
2 years$568,242$557,659$547,403$537,458$527,812$489,446
3 years$375,065$364,436$354,206$344,355$334,866$297,815
4 years$278,495$267,899$257,771$248,088$238,829$203,377
5 years$220,569$210,036$200,041$190,555$181,554$147,794
6 years$181,964$171,510$161,663$152,389$143,658$111,616
7 years$154,399$144,034$134,343$125,287$116,832$86,502
8 years$133,736$123,464$113,933$105,100$96,923$68,281
9 years$117,672$107,498$98,131$89,522$81,624$54,633
10 years$104,829$94,754$85,552$77,169$69,547$44,164
11 years$94,328$84,354$75,319$67,160$59,813$35,985
12 years$85,583$75,711$66,844$58,908$51,833$29,505
13 years$78,190$68,421$59,720$52,007$45,199$24,312
14 years$71,858$62,193$53,659$46,166$39,621$20,114
15 years$66,375$56,814$48,447$41,172$34,886$16,695
16 years$61,582$52,126$43,924$36,865$30,832$13,894
17 years$57,358$48,006$39,969$33,123$27,338$11,588
18 years$53,607$44,360$36,487$29,851$24,308$9,682
19 years$50,255$41,112$33,402$26,973$21,666$8,102
20 years$47,242$38,203$30,655$24,429$19,352$6,788
21 years$44,519$35,585$28,196$22,171$17,318$5,693
22 years$42,047$33,217$25,987$20,158$15,523$4,779
23 years$39,794$31,067$23,995$18,359$13,935$4,014
24 years$37,731$29,108$22,191$16,744$12,525$3,374
25 years$35,836$27,317$20,553$15,292$11,270$2,837
26 years$34,090$25,673$19,062$13,982$10,152$2,387
27 years$32,476$24,161$17,701$12,798$9,153$2,009
28 years$30,980$22,767$16,455$11,726$8,259$1,691
29 years$29,590$21,478$15,313$10,753$7,457$1,424
30 years$28,294$20,284$14,264$9,868$6,738$1,199
31 years$27,085$19,175$13,297$9,063$6,092$1,010
32 years$25,954$18,144$12,407$8,329$5,511$851
33 years$24,893$17,182$11,584$7,660$4,987$717
34 years$23,897$16,285$10,824$7,047$4,515$604
35 years$22,960$15,446$10,119$6,488$4,090$509
36 years$22,076$14,660$9,466$5,975$3,705$429
37 years$21,243$13,924$8,860$5,505$3,358$362
38 years$20,455$13,233$8,297$5,074$3,045$305
39 years$19,710$12,583$7,774$4,679$2,761$257
40 years$19,003$11,972$7,286$4,315$2,504$217
41 years$18,333$11,396$6,832$3,981$2,272$183
42 years$17,697$10,853$6,409$3,674$2,062$154
43 years$17,091$10,341$6,014$3,392$1,871$130
44 years$16,515$9,857$5,645$3,132$1,698$109
45 years$15,966$9,400$5,301$2,892$1,542$92
46 years$15,442$8,967$4,978$2,672$1,400$78
47 years$14,943$8,557$4,677$2,468$1,271$66
48 years$14,465$8,169$4,395$2,281$1,154$55
49 years$14,008$7,801$4,131$2,108$1,048$47
50 years$13,571$7,452$3,884$1,948$952$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,900,000, adding $6,629 every year, while hoping to spend $39,493 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: 49/43/8 Blend
64$13,900,000$13,900,000$13,900,000$13,900,000
65$15,324,638$14,587,938$14,372,488$16,042,992
66$16,845,731$15,260,727$14,811,946$17,207,763
67$18,520,651$15,965,158$15,264,802$18,467,475
68$20,365,048$16,702,742$15,731,464$19,834,798
69$22,396,166$17,475,059$16,212,350$21,319,794
70$24,633,005$18,283,766$16,707,894$22,933,504
71$27,096,502$19,130,602$17,218,540$24,688,057
72$29,809,731$20,017,387$17,744,746$26,596,769
73$32,798,115$20,946,030$18,286,986$28,674,269
74$36,089,669$21,918,533$18,845,747$30,936,629
75$39,715,266$22,936,991$19,421,530$33,401,506
76$43,708,924$24,003,604$20,014,852$36,088,303
77$48,108,129$25,120,676$20,626,245$39,018,347
78$52,954,192$26,290,623$21,256,258$42,215,078
79$58,292,633$27,515,977$21,905,456$45,704,267
80$64,173,614$28,799,392$22,574,421$49,514,246
81$70,652,412$30,143,651$23,263,753$53,676,167
82$77,789,939$31,551,672$23,974,070$58,224,289
83$85,653,320$33,026,511$24,706,009$63,196,290
84$94,316,524$34,571,375$25,460,225$68,633,612
85$103,861,061$36,189,623$26,237,394$74,581,842
86$114,376,754$37,884,780$27,038,212$81,091,128
87$125,962,587$39,660,539$27,863,396$88,216,645
88$138,727,637$41,520,771$28,713,686$96,019,100
89$152,792,102$43,469,535$29,589,841$104,565,293
90$168,288,442$45,511,088$30,492,646$113,928,733
91$185,362,623$47,649,890$31,422,909$124,190,318
92$204,175,495$49,890,620$32,381,461$135,439,084
93$224,904,316$52,238,181$33,369,161$147,773,029
94$247,744,419$54,697,714$34,386,890$161,300,020
95$272,911,057$57,274,610$35,435,559$176,138,799
96$300,641,440$59,974,520$36,516,104$192,420,079
97$331,196,965$62,803,370$37,629,492$210,287,763
98$364,865,691$65,767,372$38,776,716$229,900,282
99$401,965,057$68,873,038$39,958,802$251,432,068
100$442,844,875$72,127,199$41,176,803$275,075,183