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%11.5%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,133,116
2 years$584,594$573,707$563,155$552,924$543,001$535,752
3 years$385,858$374,924$364,399$354,264$344,502$337,415
4 years$286,510$275,609$265,189$255,227$245,702$238,831
5 years$226,916$216,081$205,797$196,039$186,779$180,145
6 years$187,200$176,446$166,315$156,774$147,792$141,403
7 years$158,843$148,179$138,208$128,893$120,194$114,054
8 years$137,584$127,017$117,212$108,125$99,713$93,821
9 years$121,058$110,591$100,954$92,098$83,972$78,328
10 years$107,846$97,481$88,014$79,390$71,549$66,148
11 years$97,042$86,781$77,486$69,093$61,534$56,374
12 years$88,046$77,890$68,767$60,604$53,324$48,400
13 years$80,440$70,390$61,439$53,504$46,500$41,807
14 years$73,925$63,982$55,203$47,495$40,761$36,294
15 years$68,285$58,449$49,841$42,357$35,890$31,642
16 years$63,354$53,626$45,188$37,926$31,719$27,685
17 years$59,008$49,388$41,120$34,076$28,125$24,297
18 years$55,150$45,636$37,537$30,710$25,007$21,380
19 years$51,701$42,295$34,363$27,749$22,289$18,856
20 years$48,601$39,303$31,537$25,132$19,909$16,662
21 years$45,800$36,609$29,008$22,809$17,817$14,749
22 years$43,257$34,173$26,735$20,738$15,970$13,075
23 years$40,939$31,961$24,685$18,887$14,336$11,607
24 years$38,817$29,946$22,830$17,226$12,885$10,315
25 years$36,868$28,103$21,145$15,732$11,595$9,176
26 years$35,071$26,412$19,611$14,384$10,444$8,170
27 years$33,411$24,857$18,210$13,166$9,416$7,281
28 years$31,872$23,422$16,929$12,063$8,496$6,492
29 years$30,441$22,096$15,754$11,062$7,672$5,793
30 years$29,109$20,868$14,674$10,152$6,932$5,172
31 years$27,864$19,727$13,680$9,324$6,267$4,619
32 years$26,700$18,666$12,764$8,569$5,669$4,128
33 years$25,609$17,677$11,918$7,880$5,131$3,690
34 years$24,584$16,753$11,135$7,250$4,645$3,300
35 years$23,620$15,890$10,411$6,674$4,207$2,952
36 years$22,712$15,082$9,739$6,147$3,812$2,641
37 years$21,854$14,325$9,115$5,663$3,455$2,364
38 years$21,044$13,614$8,536$5,220$3,132$2,116
39 years$20,277$12,945$7,997$4,813$2,840$1,895
40 years$19,550$12,316$7,496$4,440$2,576$1,697
41 years$18,861$11,724$7,029$4,096$2,337$1,520
42 years$18,206$11,165$6,593$3,780$2,121$1,361
43 years$17,583$10,638$6,187$3,490$1,925$1,220
44 years$16,990$10,141$5,808$3,222$1,747$1,093
45 years$16,426$9,670$5,453$2,976$1,586$979
46 years$15,887$9,225$5,122$2,749$1,440$877
47 years$15,373$8,803$4,812$2,539$1,308$786
48 years$14,881$8,404$4,522$2,346$1,188$705
49 years$14,411$8,025$4,250$2,169$1,079$632
50 years$13,962$7,666$3,996$2,004$980$566

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 $4,995 every year, while hoping to spend $59,022 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: 54/20/26 Blend
64$14,300,000$14,300,000$14,300,000$14,300,000
65$15,763,752$15,005,852$14,784,202$16,501,205
66$17,308,856$15,678,340$15,216,674$17,682,964
67$19,009,582$16,381,802$15,661,656$18,962,335
68$20,881,742$17,117,692$16,119,504$20,353,988
69$22,942,757$17,887,537$16,590,585$21,868,709
70$25,211,825$18,692,933$17,075,276$23,518,359
71$27,710,099$19,535,554$17,573,965$25,315,981
72$30,460,886$20,417,153$18,087,050$27,275,920
73$33,489,871$21,339,568$18,614,940$29,413,956
74$36,825,354$22,304,723$19,158,057$31,747,447
75$40,498,522$23,314,636$19,716,834$34,295,491
76$44,543,737$24,371,420$20,291,714$37,079,099
77$48,998,867$25,477,288$20,883,155$40,121,394
78$53,905,638$26,634,562$21,491,627$43,447,818
79$59,310,029$27,845,671$22,117,613$47,086,374
80$65,262,708$29,113,165$22,761,609$51,067,881
81$71,819,507$30,439,712$23,424,125$55,426,259
82$79,041,948$31,828,111$24,105,685$60,198,850
83$86,997,830$33,281,291$24,806,829$65,426,756
84$95,761,860$34,802,326$25,528,109$71,155,230
85$105,416,365$36,394,434$26,270,095$77,434,091
86$116,052,062$38,060,990$27,033,372$84,318,187
87$127,768,923$39,805,528$27,818,540$91,867,914
88$140,677,109$41,631,755$28,626,217$100,149,770
89$154,898,016$43,543,554$29,457,037$109,236,981
90$170,565,419$45,544,993$30,311,653$119,210,182
91$187,826,733$47,640,339$31,190,735$130,158,173
92$206,844,406$49,834,061$32,094,971$142,178,745
93$227,797,451$52,130,846$33,025,067$155,379,601
94$250,883,136$54,535,602$33,981,752$169,879,355
95$276,318,846$57,053,478$34,965,772$185,808,651
96$304,344,137$59,689,867$35,977,894$203,311,381
97$335,222,992$62,450,423$37,018,906$222,546,034
98$369,246,316$65,341,072$38,089,618$243,687,183
99$406,734,682$68,368,027$39,190,862$266,927,123
100$448,041,356$71,537,797$40,323,493$292,477,672