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%20%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,064,008
2 years$568,242$557,659$547,403$537,458$527,812$483,640
3 years$375,065$364,436$354,206$344,355$334,866$292,310
4 years$278,495$267,899$257,771$248,088$238,829$198,213
5 years$220,569$210,036$200,041$190,555$181,554$142,981
6 years$181,964$171,510$161,663$152,389$143,658$107,152
7 years$154,399$144,034$134,343$125,287$116,832$82,380
8 years$133,736$123,464$113,933$105,100$96,923$64,489
9 years$117,672$107,498$98,131$89,522$81,624$51,157
10 years$104,829$94,754$85,552$77,169$69,547$40,989
11 years$94,328$84,354$75,319$67,160$59,813$33,095
12 years$85,583$75,711$66,844$58,908$51,833$26,882
13 years$78,190$68,421$59,720$52,007$45,199$21,940
14 years$71,858$62,193$53,659$46,166$39,621$17,974
15 years$66,375$56,814$48,447$41,172$34,886$14,771
16 years$61,582$52,126$43,924$36,865$30,832$12,168
17 years$57,358$48,006$39,969$33,123$27,338$10,044
18 years$53,607$44,360$36,487$29,851$24,308$8,305
19 years$50,255$41,112$33,402$26,973$21,666$6,876
20 years$47,242$38,203$30,655$24,429$19,352$5,699
21 years$44,519$35,585$28,196$22,171$17,318$4,728
22 years$42,047$33,217$25,987$20,158$15,523$3,926
23 years$39,794$31,067$23,995$18,359$13,935$3,261
24 years$37,731$29,108$22,191$16,744$12,525$2,711
25 years$35,836$27,317$20,553$15,292$11,270$2,254
26 years$34,090$25,673$19,062$13,982$10,152$1,875
27 years$32,476$24,161$17,701$12,798$9,153$1,560
28 years$30,980$22,767$16,455$11,726$8,259$1,299
29 years$29,590$21,478$15,313$10,753$7,457$1,081
30 years$28,294$20,284$14,264$9,868$6,738$900
31 years$27,085$19,175$13,297$9,063$6,092$750
32 years$25,954$18,144$12,407$8,329$5,511$624
33 years$24,893$17,182$11,584$7,660$4,987$520
34 years$23,897$16,285$10,824$7,047$4,515$433
35 years$22,960$15,446$10,119$6,488$4,090$361
36 years$22,076$14,660$9,466$5,975$3,705$301
37 years$21,243$13,924$8,860$5,505$3,358$250
38 years$20,455$13,233$8,297$5,074$3,045$209
39 years$19,710$12,583$7,774$4,679$2,761$174
40 years$19,003$11,972$7,286$4,315$2,504$145
41 years$18,333$11,396$6,832$3,981$2,272$121
42 years$17,697$10,853$6,409$3,674$2,062$101
43 years$17,091$10,341$6,014$3,392$1,871$84
44 years$16,515$9,857$5,645$3,132$1,698$70
45 years$15,966$9,400$5,301$2,892$1,542$58
46 years$15,442$8,967$4,978$2,672$1,400$48
47 years$14,943$8,557$4,677$2,468$1,271$40
48 years$14,465$8,169$4,395$2,281$1,154$34
49 years$14,008$7,801$4,131$2,108$1,048$28
50 years$13,571$7,452$3,884$1,948$952$23

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 $6,625 every year, while hoping to spend $33,735 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: 46/30/24 Blend
64$13,900,000$13,900,000$13,900,000$13,900,000
65$15,324,634$14,587,934$14,372,484$15,923,661
66$16,851,853$15,266,849$14,818,068$17,024,992
67$18,533,717$15,977,900$15,277,449$18,215,354
68$20,385,966$16,722,626$15,751,053$19,506,216
69$22,425,940$17,502,641$16,239,319$20,906,984
70$24,672,752$18,319,636$16,742,702$22,427,991
71$27,147,458$19,175,384$17,261,668$24,080,586
72$29,873,263$20,071,742$17,796,699$25,877,237
73$32,875,739$21,010,661$18,348,291$27,831,642
74$36,183,063$21,994,182$18,916,958$29,958,854
75$39,826,285$23,024,446$19,503,225$32,275,419
76$43,839,621$24,103,699$20,107,638$34,799,522
77$48,260,775$25,234,293$20,730,756$37,551,158
78$53,131,297$26,418,695$21,373,159$40,552,306
79$58,496,971$27,659,494$22,035,442$43,827,140
80$64,408,252$28,959,399$22,718,219$47,402,241
81$70,920,738$30,321,254$23,422,124$51,306,844
82$78,095,698$31,748,039$24,147,810$55,573,109
83$86,000,646$33,242,880$24,895,948$60,236,409
84$94,709,983$34,809,053$25,667,234$65,335,664
85$104,305,697$36,449,992$26,462,382$70,913,693
86$114,878,135$38,169,299$27,282,129$77,017,611
87$126,526,860$39,970,750$28,127,235$83,699,266
88$139,361,586$41,858,303$28,998,484$91,015,714
89$153,503,217$43,836,109$29,896,682$99,029,750
90$169,084,987$45,908,520$30,822,663$107,810,490
91$186,253,718$48,080,099$31,777,284$117,434,008
92$205,171,204$50,355,631$32,761,430$127,984,049
93$226,015,741$52,740,131$33,776,012$139,552,797
94$248,983,809$55,238,860$34,821,971$152,241,742
95$274,291,925$57,857,332$35,900,275$166,162,615
96$302,178,690$60,601,330$37,011,923$181,438,437
97$332,907,038$63,476,917$38,157,944$198,204,657
98$366,766,720$66,490,450$39,339,399$216,610,421
99$404,077,040$69,648,596$40,557,383$236,819,958
100$445,189,866$72,958,345$41,813,024$259,014,118