Can I retire at age 65 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,109,844
2 years$576,418$565,683$555,279$545,191$535,407$520,809
3 years$380,462$369,680$359,302$349,309$339,684$325,452
4 years$282,503$271,754$261,480$251,658$242,265$228,509
5 years$223,742$213,058$202,919$193,297$184,166$170,925
6 years$184,582$173,978$163,989$154,581$145,725$133,015
7 years$156,621$146,107$136,275$127,090$118,513$106,340
8 years$135,660$125,240$115,572$106,613$98,318$86,679
9 years$119,365$109,044$99,543$90,810$82,798$71,689
10 years$106,337$96,117$86,783$78,279$70,548$59,961
11 years$95,685$85,567$76,403$68,126$60,674$50,599
12 years$86,815$76,801$67,805$59,756$52,579$43,005
13 years$79,315$69,405$60,580$52,756$45,849$36,764
14 years$72,892$63,088$54,431$46,831$40,191$31,581
15 years$67,330$57,632$49,144$41,765$35,388$27,238
16 years$62,468$52,876$44,556$37,396$31,276$23,571
17 years$58,183$48,697$40,544$33,600$27,731$20,457
18 years$54,378$44,998$37,012$30,280$24,657$17,797
19 years$50,978$41,704$33,883$27,361$21,978$15,516
20 years$47,921$38,753$31,096$24,780$19,631$13,551
21 years$45,160$36,097$28,602$22,490$17,567$11,854
22 years$42,652$33,695$26,361$20,448$15,747$10,383
23 years$40,366$31,514$24,340$18,623$14,135$9,105
24 years$38,274$29,527$22,510$16,985$12,705$7,992
25 years$36,352$27,710$20,849$15,512$11,433$7,022
26 years$34,581$26,043$19,336$14,183$10,298$6,174
27 years$32,943$24,509$17,956$12,982$9,285$5,432
28 years$31,426$23,095$16,692$11,894$8,378$4,782
29 years$30,015$21,787$15,533$10,907$7,565$4,212
30 years$28,702$20,576$14,469$10,010$6,835$3,712
31 years$27,475$19,451$13,489$9,194$6,180$3,272
32 years$26,327$18,405$12,585$8,449$5,590$2,886
33 years$25,251$17,429$11,751$7,770$5,059$2,546
34 years$24,241$16,519$10,979$7,149$4,580$2,246
35 years$23,290$15,668$10,265$6,581$4,149$1,983
36 years$22,394$14,871$9,603$6,061$3,759$1,750
37 years$21,549$14,124$8,988$5,584$3,407$1,545
38 years$20,750$13,423$8,417$5,147$3,089$1,365
39 years$19,993$12,764$7,886$4,746$2,801$1,205
40 years$19,277$12,144$7,391$4,377$2,540$1,065
41 years$18,597$11,560$6,931$4,039$2,305$941
42 years$17,951$11,009$6,501$3,727$2,091$831
43 years$17,337$10,490$6,100$3,441$1,898$734
44 years$16,753$9,999$5,726$3,177$1,723$649
45 years$16,196$9,535$5,377$2,934$1,564$573
46 years$15,665$9,096$5,050$2,710$1,420$507
47 years$15,158$8,680$4,744$2,504$1,289$448
48 years$14,673$8,286$4,458$2,314$1,171$396
49 years$14,210$7,913$4,191$2,138$1,064$350
50 years$13,767$7,559$3,940$1,976$966$309

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $14,100,000, adding $6,459 every year, while hoping to spend $23,684 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: 56/29/15 Blend
64$14,100,000$14,100,000$14,100,000$14,100,000
65$15,544,862$14,797,562$14,579,012$16,354,215
66$17,105,239$15,497,443$15,042,210$17,604,305
67$18,823,980$16,230,825$15,520,130$18,962,227
68$20,717,214$16,999,323$16,013,243$20,440,871
69$22,802,713$17,804,633$16,522,030$22,051,797
70$25,100,061$18,648,532$17,046,990$23,807,708
71$27,630,841$19,532,884$17,588,637$25,722,569
72$30,418,833$20,459,641$18,147,503$27,811,732
73$33,490,245$21,430,854$18,724,135$30,092,080
74$36,873,954$22,448,670$19,319,097$32,582,173
75$40,601,784$23,515,342$19,932,974$35,302,428
76$44,708,803$24,633,231$20,566,366$38,275,296
77$49,233,656$25,804,814$21,219,894$41,525,477
78$54,218,927$27,032,689$21,894,199$45,080,139
79$59,711,545$28,319,577$22,589,941$48,969,172
80$65,763,221$29,668,335$23,307,803$53,225,466
81$72,430,943$31,081,957$24,048,488$57,885,207
82$79,777,509$32,563,583$24,812,722$62,988,216
83$87,872,120$34,116,504$25,601,254$68,578,319
84$96,791,038$35,744,173$26,414,857$74,703,746
85$106,618,297$37,450,211$27,254,328$81,417,583
86$117,446,506$39,238,414$28,120,490$88,778,262
87$129,377,716$41,112,763$29,014,193$96,850,106
88$142,524,387$43,077,433$29,936,313$105,703,919
89$157,010,448$45,136,800$30,887,753$115,417,654
90$172,972,468$47,295,457$31,869,447$126,077,132
91$190,560,942$49,558,217$32,882,356$137,776,839
92$209,941,717$51,930,129$33,927,474$150,620,813
93$231,297,554$54,416,487$35,005,825$164,723,609
94$254,829,852$57,022,842$36,118,468$180,211,368
95$280,760,552$59,755,017$37,266,492$197,222,993
96$309,334,233$62,619,117$38,451,024$215,911,452
97$340,820,417$65,621,546$39,673,225$236,445,200
98$375,516,115$68,769,017$40,934,294$259,009,757
99$413,748,632$72,068,573$42,235,467$283,809,444
100$455,878,658$75,527,598$43,578,020$311,069,294