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%12.9%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,095,009
2 years$568,242$557,659$547,403$537,458$527,812$514,330
3 years$375,065$364,436$354,206$344,355$334,866$321,717
4 years$278,495$267,899$257,771$248,088$238,829$226,115
5 years$220,569$210,036$200,041$190,555$181,554$169,312
6 years$181,964$171,510$161,663$152,389$143,658$131,901
7 years$154,399$144,034$134,343$125,287$116,832$105,567
8 years$133,736$123,464$113,933$105,100$96,923$86,149
9 years$117,672$107,498$98,131$89,522$81,624$71,334
10 years$104,829$94,754$85,552$77,169$69,547$59,737
11 years$94,328$84,354$75,319$67,160$59,813$50,472
12 years$85,583$75,711$66,844$58,908$51,833$42,952
13 years$78,190$68,421$59,720$52,007$45,199$36,767
14 years$71,858$62,193$53,659$46,166$39,621$31,625
15 years$66,375$56,814$48,447$41,172$34,886$27,313
16 years$61,582$52,126$43,924$36,865$30,832$23,669
17 years$57,358$48,006$39,969$33,123$27,338$20,571
18 years$53,607$44,360$36,487$29,851$24,308$17,922
19 years$50,255$41,112$33,402$26,973$21,666$15,648
20 years$47,242$38,203$30,655$24,429$19,352$13,686
21 years$44,519$35,585$28,196$22,171$17,318$11,990
22 years$42,047$33,217$25,987$20,158$15,523$10,518
23 years$39,794$31,067$23,995$18,359$13,935$9,238
24 years$37,731$29,108$22,191$16,744$12,525$8,121
25 years$35,836$27,317$20,553$15,292$11,270$7,146
26 years$34,090$25,673$19,062$13,982$10,152$6,294
27 years$32,476$24,161$17,701$12,798$9,153$5,546
28 years$30,980$22,767$16,455$11,726$8,259$4,891
29 years$29,590$21,478$15,313$10,753$7,457$4,315
30 years$28,294$20,284$14,264$9,868$6,738$3,808
31 years$27,085$19,175$13,297$9,063$6,092$3,363
32 years$25,954$18,144$12,407$8,329$5,511$2,971
33 years$24,893$17,182$11,584$7,660$4,987$2,625
34 years$23,897$16,285$10,824$7,047$4,515$2,320
35 years$22,960$15,446$10,119$6,488$4,090$2,051
36 years$22,076$14,660$9,466$5,975$3,705$1,814
37 years$21,243$13,924$8,860$5,505$3,358$1,604
38 years$20,455$13,233$8,297$5,074$3,045$1,419
39 years$19,710$12,583$7,774$4,679$2,761$1,255
40 years$19,003$11,972$7,286$4,315$2,504$1,111
41 years$18,333$11,396$6,832$3,981$2,272$983
42 years$17,697$10,853$6,409$3,674$2,062$870
43 years$17,091$10,341$6,014$3,392$1,871$770
44 years$16,515$9,857$5,645$3,132$1,698$682
45 years$15,966$9,400$5,301$2,892$1,542$603
46 years$15,442$8,967$4,978$2,672$1,400$534
47 years$14,943$8,557$4,677$2,468$1,271$473
48 years$14,465$8,169$4,395$2,281$1,154$419
49 years$14,008$7,801$4,131$2,108$1,048$371
50 years$13,571$7,452$3,884$1,948$952$328

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 $5,935 every year, while hoping to spend $24,809 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: 76/8/16 Blend
64$13,900,000$13,900,000$13,900,000$13,900,000
65$15,323,922$14,587,222$14,371,772$16,434,236
66$16,860,565$15,275,599$14,826,830$17,857,045
67$18,553,115$15,996,876$15,296,300$19,412,822
68$20,417,447$16,752,637$15,780,641$21,117,826
69$22,471,056$17,544,545$16,280,322$22,986,926
70$24,733,221$18,374,345$16,795,830$25,036,494
71$27,225,185$19,243,864$17,327,665$27,284,560
72$29,970,359$20,155,018$17,876,347$29,750,976
73$32,994,538$21,109,817$18,442,408$32,457,605
74$36,326,151$22,110,368$19,026,398$35,428,522
75$39,996,523$23,158,880$19,628,887$38,690,243
76$44,040,173$24,257,670$20,250,460$42,271,970
77$48,495,143$25,409,168$20,891,722$46,205,867
78$53,403,349$26,615,919$21,553,296$50,527,358
79$58,810,986$27,880,594$22,235,827$55,275,462
80$64,768,957$29,205,994$22,939,978$60,493,156
81$71,333,358$30,595,055$23,666,435$66,227,781
82$78,566,004$32,050,856$24,415,904$72,531,485
83$86,535,014$33,576,626$25,189,114$79,461,710
84$95,315,455$35,175,749$25,986,818$87,081,733
85$104,990,047$36,851,777$26,809,793$95,461,263
86$115,649,949$38,608,431$27,658,838$104,677,090
87$127,395,614$40,449,615$28,534,779$114,813,812
88$140,337,743$42,379,422$29,438,470$125,964,626
89$154,598,323$44,402,144$30,370,790$138,232,205
90$170,311,786$46,522,283$31,332,645$151,729,667
91$187,626,272$48,744,559$32,324,973$166,581,631
92$206,705,030$51,073,920$33,348,738$182,925,399
93$227,727,959$53,515,558$34,404,936$200,912,239
94$250,893,306$56,074,916$35,494,596$220,708,815
95$276,419,536$58,757,700$36,618,779$242,498,749
96$304,547,398$61,569,897$37,778,577$266,484,358
97$335,542,194$64,517,783$38,975,120$292,888,549
98$369,696,284$67,607,940$40,209,573$321,956,926
99$407,331,848$70,847,272$41,483,137$353,960,100
100$448,803,926$74,243,018$42,797,052$389,196,235