Can I retire at age 65 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,103,359
2 years$584,594$573,707$563,155$552,924$543,001$506,128
3 years$385,858$374,924$364,399$354,264$344,502$308,856
4 years$286,510$275,609$265,189$255,227$245,702$211,557
5 years$226,916$216,081$205,797$196,039$186,779$154,225
6 years$187,200$176,446$166,315$156,774$147,792$116,857
7 years$158,843$148,179$138,208$128,893$120,194$90,875
8 years$137,584$127,017$117,212$108,125$99,713$71,988
9 years$121,058$110,591$100,954$92,098$83,972$57,810
10 years$107,846$97,481$88,014$79,390$71,549$46,909
11 years$97,042$86,781$77,486$69,093$61,534$38,371
12 years$88,046$77,890$68,767$60,604$53,324$31,587
13 years$80,440$70,390$61,439$53,504$46,500$26,134
14 years$73,925$63,982$55,203$47,495$40,761$21,712
15 years$68,285$58,449$49,841$42,357$35,890$18,098
16 years$63,354$53,626$45,188$37,926$31,719$15,127
17 years$59,008$49,388$41,120$34,076$28,125$12,672
18 years$55,150$45,636$37,537$30,710$25,007$10,636
19 years$51,701$42,295$34,363$27,749$22,289$8,940
20 years$48,601$39,303$31,537$25,132$19,909$7,525
21 years$45,800$36,609$29,008$22,809$17,817$6,340
22 years$43,257$34,173$26,735$20,738$15,970$5,347
23 years$40,939$31,961$24,685$18,887$14,336$4,513
24 years$38,817$29,946$22,830$17,226$12,885$3,811
25 years$36,868$28,103$21,145$15,732$11,595$3,221
26 years$35,071$26,412$19,611$14,384$10,444$2,723
27 years$33,411$24,857$18,210$13,166$9,416$2,302
28 years$31,872$23,422$16,929$12,063$8,496$1,948
29 years$30,441$22,096$15,754$11,062$7,672$1,648
30 years$29,109$20,868$14,674$10,152$6,932$1,395
31 years$27,864$19,727$13,680$9,324$6,267$1,181
32 years$26,700$18,666$12,764$8,569$5,669$1,000
33 years$25,609$17,677$11,918$7,880$5,131$847
34 years$24,584$16,753$11,135$7,250$4,645$717
35 years$23,620$15,890$10,411$6,674$4,207$607
36 years$22,712$15,082$9,739$6,147$3,812$514
37 years$21,854$14,325$9,115$5,663$3,455$436
38 years$21,044$13,614$8,536$5,220$3,132$369
39 years$20,277$12,945$7,997$4,813$2,840$313
40 years$19,550$12,316$7,496$4,440$2,576$265
41 years$18,861$11,724$7,029$4,096$2,337$225
42 years$18,206$11,165$6,593$3,780$2,121$190
43 years$17,583$10,638$6,187$3,490$1,925$161
44 years$16,990$10,141$5,808$3,222$1,747$137
45 years$16,426$9,670$5,453$2,976$1,586$116
46 years$15,887$9,225$5,122$2,749$1,440$98
47 years$15,373$8,803$4,812$2,539$1,308$83
48 years$14,881$8,404$4,522$2,346$1,188$70
49 years$14,411$8,025$4,250$2,169$1,079$60
50 years$13,962$7,666$3,996$2,004$980$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $14,300,000, adding $2,326 every year, while hoping to spend $47,332 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: 85/6/9 Blend
64$14,300,000$14,300,000$14,300,000$14,300,000
65$15,760,999$15,003,099$14,781,449$17,082,297
66$17,318,260$15,687,890$15,226,267$18,630,348
67$19,032,776$16,404,650$15,684,400$20,324,207
68$20,920,535$17,154,894$16,156,243$22,183,732
69$22,999,158$17,940,212$16,642,206$24,225,564
70$25,288,060$18,762,270$17,142,708$26,468,034
71$27,808,634$19,622,813$17,658,180$28,931,331
72$30,584,453$20,523,670$18,189,068$31,637,694
73$33,641,496$21,466,758$18,735,830$34,611,618
74$37,008,386$22,454,086$19,298,938$37,880,086
75$40,716,665$23,487,761$19,878,876$41,472,822
76$44,801,092$24,569,988$20,476,146$45,422,570
77$49,299,967$25,703,081$21,091,260$49,765,398
78$54,255,497$26,889,465$21,724,750$54,541,044
79$59,714,188$28,131,680$22,377,160$59,793,283
80$65,727,292$29,432,389$23,049,052$65,570,340
81$72,351,284$30,794,384$23,741,003$71,925,346
82$79,648,397$32,220,590$24,453,608$78,916,834
83$87,687,209$33,714,075$25,187,480$86,609,292
84$96,543,293$35,278,054$25,943,249$95,073,769
85$106,299,925$36,915,894$26,721,564$104,388,544
86$117,048,874$38,631,130$27,523,093$114,639,860
87$128,891,266$40,427,462$28,348,523$125,922,741
88$141,938,539$42,308,771$29,198,563$138,341,879
89$156,313,495$44,279,126$30,073,940$152,012,629
90$172,151,460$46,342,792$30,975,405$167,062,087
91$189,601,557$48,504,237$31,903,730$183,630,293
92$208,828,120$50,768,149$32,859,709$201,871,544
93$230,012,239$53,139,439$33,844,160$221,955,856
94$253,353,474$55,623,258$34,857,926$244,070,557
95$279,071,734$58,225,003$35,901,872$268,422,057
96$307,409,357$60,950,334$36,976,891$295,237,795
97$338,633,395$63,805,184$38,083,900$324,768,377
98$373,038,135$66,795,773$39,223,845$357,289,942
99$410,947,880$69,928,620$40,397,699$393,106,764
100$452,720,004$73,210,563$41,606,462$432,554,120