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%11.9%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,131,220
2 years$584,594$573,707$563,155$552,924$543,001$533,846
3 years$385,858$374,924$364,399$354,264$344,502$335,558
4 years$286,510$275,609$265,189$255,227$245,702$237,037
5 years$226,916$216,081$205,797$196,039$186,779$178,419
6 years$187,200$176,446$166,315$156,774$147,792$139,748
7 years$158,843$148,179$138,208$128,893$120,194$112,470
8 years$137,584$127,017$117,212$108,125$99,713$92,308
9 years$121,058$110,591$100,954$92,098$83,972$76,885
10 years$107,846$97,481$88,014$79,390$71,549$64,774
11 years$97,042$86,781$77,486$69,093$61,534$55,068
12 years$88,046$77,890$68,767$60,604$53,324$47,160
13 years$80,440$70,390$61,439$53,504$46,500$40,631
14 years$73,925$63,982$55,203$47,495$40,761$35,181
15 years$68,285$58,449$49,841$42,357$35,890$30,589
16 years$63,354$53,626$45,188$37,926$31,719$26,691
17 years$59,008$49,388$41,120$34,076$28,125$23,360
18 years$55,150$45,636$37,537$30,710$25,007$20,498
19 years$51,701$42,295$34,363$27,749$22,289$18,026
20 years$48,601$39,303$31,537$25,132$19,909$15,883
21 years$45,800$36,609$29,008$22,809$17,817$14,018
22 years$43,257$34,173$26,735$20,738$15,970$12,390
23 years$40,939$31,961$24,685$18,887$14,336$10,965
24 years$38,817$29,946$22,830$17,226$12,885$9,715
25 years$36,868$28,103$21,145$15,732$11,595$8,616
26 years$35,071$26,412$19,611$14,384$10,444$7,647
27 years$33,411$24,857$18,210$13,166$9,416$6,793
28 years$31,872$23,422$16,929$12,063$8,496$6,038
29 years$30,441$22,096$15,754$11,062$7,672$5,370
30 years$29,109$20,868$14,674$10,152$6,932$4,779
31 years$27,864$19,727$13,680$9,324$6,267$4,255
32 years$26,700$18,666$12,764$8,569$5,669$3,790
33 years$25,609$17,677$11,918$7,880$5,131$3,376
34 years$24,584$16,753$11,135$7,250$4,645$3,009
35 years$23,620$15,890$10,411$6,674$4,207$2,683
36 years$22,712$15,082$9,739$6,147$3,812$2,393
37 years$21,854$14,325$9,115$5,663$3,455$2,134
38 years$21,044$13,614$8,536$5,220$3,132$1,904
39 years$20,277$12,945$7,997$4,813$2,840$1,699
40 years$19,550$12,316$7,496$4,440$2,576$1,516
41 years$18,861$11,724$7,029$4,096$2,337$1,353
42 years$18,206$11,165$6,593$3,780$2,121$1,208
43 years$17,583$10,638$6,187$3,490$1,925$1,079
44 years$16,990$10,141$5,808$3,222$1,747$963
45 years$16,426$9,670$5,453$2,976$1,586$860
46 years$15,887$9,225$5,122$2,749$1,440$768
47 years$15,373$8,803$4,812$2,539$1,308$686
48 years$14,881$8,404$4,522$2,346$1,188$613
49 years$14,411$8,025$4,250$2,169$1,079$547
50 years$13,962$7,666$3,996$2,004$980$489

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 $3,389 every year, while hoping to spend $46,605 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: 39/45/16 Blend
64$14,300,000$14,300,000$14,300,000$14,300,000
65$15,762,096$15,004,196$14,782,546$16,301,171
66$17,320,242$15,689,814$15,228,174$17,371,733
67$19,035,758$16,407,466$15,687,168$18,523,799
68$20,924,644$17,158,671$16,159,928$19,768,495
69$23,004,535$17,945,023$16,646,863$21,114,219
70$25,294,861$18,768,192$17,148,396$22,570,181
71$27,817,032$19,629,929$17,664,962$24,146,481
72$30,594,640$20,532,066$18,197,009$25,854,197
73$33,653,683$21,476,527$18,744,998$27,705,487
74$37,022,807$22,465,325$19,309,404$29,713,692
75$40,733,580$23,500,573$19,890,716$31,893,457
76$44,820,787$24,584,483$20,489,437$34,260,859
77$49,322,759$25,719,374$21,106,085$36,833,555
78$54,281,735$26,907,678$21,741,194$39,630,932
79$59,744,261$28,151,943$22,395,312$42,674,288
80$65,761,626$29,454,839$23,069,006$45,987,023
81$72,390,352$30,819,166$23,762,857$49,594,844
82$79,692,720$32,247,857$24,477,465$53,526,004
83$87,737,364$33,743,989$25,213,447$57,811,555
84$96,599,916$35,310,785$25,971,438$62,485,627
85$106,363,718$36,951,624$26,752,092$67,585,745
86$117,120,612$38,670,048$27,556,081$73,153,162
87$128,971,804$40,469,771$28,384,100$79,233,243
88$142,028,823$42,354,684$29,236,862$85,875,875
89$156,414,566$44,328,868$30,115,101$93,135,927
90$172,264,469$46,396,598$31,019,573$101,073,748
91$189,727,773$48,562,360$31,951,057$109,755,725
92$208,968,942$50,830,852$32,910,354$119,254,894
93$230,169,212$53,207,002$33,898,289$129,651,608
94$253,528,301$55,695,974$34,915,711$141,034,280
95$279,266,295$58,303,184$35,963,495$153,500,200
96$307,625,724$61,034,308$37,042,539$167,156,431
97$338,873,855$63,895,296$38,153,771$182,120,801
98$373,305,210$66,892,386$39,298,144$198,522,994
99$411,244,349$70,032,121$40,476,639$216,505,748
100$453,048,933$73,321,355$41,690,267$236,226,183