Can I retire at age 65 with 14,500,000?

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 $14,500,000?

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%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,118,343
2 years$592,771$581,731$571,031$560,658$550,595$512,766
3 years$391,255$380,167$369,495$359,219$349,320$312,757
4 years$290,517$279,463$268,898$258,797$249,138$214,120
5 years$230,090$219,103$208,676$198,781$189,391$156,012
6 years$189,818$178,914$168,641$158,967$149,859$118,146
7 years$161,064$150,252$140,141$130,695$121,875$91,825
8 years$139,508$128,793$118,851$109,637$101,107$72,697
9 years$122,752$112,138$102,366$93,386$85,147$58,344
10 years$109,354$98,844$89,245$80,500$72,549$47,313
11 years$98,400$87,995$78,570$70,059$62,395$38,676
12 years$89,277$78,980$69,729$61,451$54,070$31,817
13 years$81,565$71,374$62,298$54,252$47,150$26,307
14 years$74,959$64,877$55,975$48,159$41,332$21,840
15 years$69,240$59,267$50,538$42,949$36,392$18,192
16 years$64,240$54,376$45,820$38,457$32,163$15,195
17 years$59,834$50,078$41,695$34,553$28,518$12,720
18 years$55,921$46,275$38,062$31,139$25,357$10,667
19 years$52,424$42,887$34,844$28,137$22,601$8,960
20 years$49,281$39,852$31,978$25,483$20,188$7,536
21 years$46,441$37,121$29,413$23,128$18,066$6,345
22 years$43,862$34,651$27,109$21,028$16,193$5,347
23 years$41,511$32,408$25,030$19,151$14,536$4,509
24 years$39,360$30,365$23,149$17,467$13,065$3,805
25 years$37,383$28,496$21,441$15,952$11,757$3,213
26 years$35,562$26,781$19,885$14,585$10,590$2,714
27 years$33,878$25,204$18,465$13,350$9,548$2,293
28 years$32,317$23,750$17,166$12,232$8,615$1,938
29 years$30,867$22,405$15,974$11,217$7,779$1,639
30 years$29,516$21,160$14,879$10,294$7,029$1,386
31 years$28,254$20,003$13,871$9,454$6,355$1,172
32 years$27,074$18,927$12,942$8,689$5,749$992
33 years$25,967$17,924$12,084$7,990$5,202$839
34 years$24,928$16,988$11,291$7,352$4,710$710
35 years$23,951$16,113$10,556$6,768$4,266$601
36 years$23,029$15,293$9,875$6,233$3,865$509
37 years$22,160$14,525$9,243$5,743$3,503$430
38 years$21,338$13,804$8,656$5,293$3,176$364
39 years$20,561$13,126$8,109$4,881$2,880$308
40 years$19,824$12,489$7,601$4,502$2,612$261
41 years$19,125$11,888$7,127$4,153$2,370$221
42 years$18,461$11,322$6,686$3,833$2,151$187
43 years$17,829$10,787$6,273$3,538$1,952$158
44 years$17,228$10,282$5,889$3,267$1,772$134
45 years$16,655$9,805$5,529$3,017$1,608$114
46 years$16,109$9,354$5,193$2,787$1,460$96
47 years$15,588$8,926$4,879$2,575$1,326$81
48 years$15,089$8,521$4,585$2,379$1,204$69
49 years$14,613$8,138$4,310$2,199$1,094$58
50 years$14,157$7,773$4,052$2,032$993$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $14,500,000, adding $6,075 every year, while hoping to spend $33,113 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: 38/40/22 Blend
64$14,500,000$14,500,000$14,500,000$14,500,000
65$15,985,266$15,216,766$14,992,016$16,487,268
66$17,580,532$15,927,156$15,459,017$17,562,291
67$19,337,404$16,671,245$15,940,552$18,719,778
68$21,272,333$17,450,649$16,437,074$19,970,056
69$23,403,443$18,267,064$16,949,049$21,321,533
70$25,750,709$19,122,264$17,476,957$22,783,426
71$28,336,140$20,018,114$18,021,293$24,365,848
72$31,183,988$20,956,563$18,582,568$26,079,889
73$34,320,980$21,939,660$19,161,310$27,937,720
74$37,776,567$22,969,550$19,758,060$29,952,697
75$41,583,201$24,048,483$20,373,380$32,139,481
76$45,776,644$25,178,815$21,007,845$34,514,170
77$50,396,306$26,363,021$21,662,051$37,094,439
78$55,485,612$27,603,692$22,336,613$39,899,699
79$61,092,417$28,903,545$23,032,162$42,951,276
80$67,269,455$30,265,430$23,749,351$46,272,596
81$74,074,838$31,692,335$24,488,852$49,889,401
82$81,572,602$33,187,390$25,251,360$53,829,977
83$89,833,316$34,753,881$26,037,589$58,125,418
84$98,934,742$36,395,249$26,848,276$62,809,899
85$108,962,574$38,115,105$27,684,182$67,920,993
86$120,011,245$39,917,233$28,546,090$73,500,010
87$132,184,816$41,805,601$29,434,808$79,592,378
88$145,597,963$43,784,372$30,351,170$86,248,052
89$160,377,055$45,857,906$31,296,034$93,521,978
90$176,661,350$48,030,778$32,270,286$101,474,591
91$194,604,306$50,307,785$33,274,840$110,172,375
92$214,375,035$52,693,956$34,310,636$119,688,469
93$236,159,892$55,194,563$35,378,646$130,103,348
94$260,164,240$57,815,136$36,479,870$141,505,555
95$286,614,387$60,561,472$37,615,340$153,992,527
96$315,759,721$63,439,651$38,786,121$167,671,490
97$347,875,065$66,456,046$39,993,308$182,660,455
98$383,263,272$69,617,343$41,238,034$199,089,304
99$422,258,081$72,930,548$42,521,464$217,101,002
100$465,227,273$76,403,013$43,844,800$236,852,917