Can I retire at age 65 with 15,300,000?

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 $15,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,193,459
2 years$625,475$613,826$602,537$591,591$580,973$554,324
3 years$412,841$401,142$389,881$379,038$368,593$342,711
4 years$306,545$294,882$283,734$273,075$262,884$237,968
5 years$242,784$231,191$220,189$209,748$199,840$175,960
6 years$200,291$188,785$177,945$167,737$158,127$135,309
7 years$169,950$158,541$147,873$137,906$128,599$106,847
8 years$147,205$135,899$125,408$115,686$106,686$85,992
9 years$129,524$118,325$108,014$98,539$89,845$70,194
10 years$115,387$104,297$94,169$84,941$76,552$57,925
11 years$103,829$92,850$82,905$73,924$65,837$48,209
12 years$94,203$83,337$73,576$64,842$57,053$40,397
13 years$86,065$75,312$65,735$57,245$49,752$34,037
14 years$79,095$68,457$59,064$50,816$43,612$28,808
15 years$73,060$62,537$53,326$45,319$38,399$24,473
16 years$67,785$57,376$48,348$40,578$33,937$20,854
17 years$63,135$52,841$43,995$36,459$30,091$17,817
18 years$59,006$48,828$40,162$32,857$26,756$15,255
19 years$55,316$45,253$36,766$29,689$23,848$13,086
20 years$52,000$42,051$33,742$26,889$21,302$11,242
21 years$49,003$39,169$31,036$24,404$19,062$9,672
22 years$46,282$36,563$28,605$22,189$17,087$8,330
23 years$43,802$34,197$26,411$20,208$15,338$7,181
24 years$41,531$32,040$24,426$18,431$13,786$6,196
25 years$39,446$30,068$22,623$16,832$12,405$5,349
26 years$37,524$28,259$20,982$15,390$11,174$4,622
27 years$35,747$26,595$19,484$14,087$10,075$3,995
28 years$34,100$25,060$18,113$12,907$9,091$3,455
29 years$32,570$23,642$16,855$11,836$8,209$2,989
30 years$31,144$22,327$15,700$10,862$7,417$2,587
31 years$29,813$21,106$14,637$9,976$6,706$2,239
32 years$28,568$19,971$13,656$9,168$6,066$1,939
33 years$27,400$18,913$12,751$8,431$5,489$1,679
34 years$26,304$17,925$11,914$7,757$4,970$1,455
35 years$25,272$17,002$11,139$7,141$4,502$1,260
36 years$24,300$16,137$10,420$6,577$4,079$1,092
37 years$23,383$15,326$9,753$6,060$3,697$946
38 years$22,516$14,566$9,133$5,585$3,351$820
39 years$21,695$13,850$8,557$5,150$3,039$711
40 years$20,918$13,178$8,020$4,750$2,757$616
41 years$20,180$12,544$7,520$4,382$2,501$534
42 years$19,479$11,946$7,054$4,044$2,269$463
43 years$18,813$11,382$6,620$3,734$2,059$402
44 years$18,179$10,850$6,214$3,447$1,869$348
45 years$17,574$10,346$5,834$3,184$1,697$302
46 years$16,998$9,870$5,480$2,941$1,541$262
47 years$16,448$9,419$5,148$2,717$1,399$227
48 years$15,922$8,992$4,838$2,511$1,271$197
49 years$15,419$8,587$4,547$2,320$1,154$171
50 years$14,938$8,202$4,275$2,145$1,048$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $15,300,000, adding $2,524 every year, while hoping to spend $50,249 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: 55/25/20 Blend
64$15,300,000$15,300,000$15,300,000$15,300,000
65$16,863,204$16,052,304$15,815,154$17,699,301
66$18,529,786$16,785,402$16,291,497$19,004,340
67$20,364,675$17,552,738$16,782,113$20,419,237
68$22,384,986$18,355,936$17,287,428$21,958,965
69$24,609,577$19,196,699$17,807,879$23,635,491
70$27,059,228$20,076,811$18,343,917$25,461,972
71$29,756,836$20,998,142$18,896,005$27,452,871
72$32,727,634$21,962,652$19,464,622$29,624,095
73$35,999,425$22,972,394$20,050,259$31,993,136
74$39,602,846$24,029,521$20,653,423$34,579,232
75$43,571,658$25,136,289$21,274,633$37,403,545
76$47,943,061$26,295,062$21,914,428$40,489,353
77$52,758,052$27,508,318$22,573,360$43,862,269
78$58,061,803$28,778,655$23,251,997$47,550,471
79$63,904,093$30,108,795$23,950,925$51,584,964
80$70,339,776$31,501,592$24,670,747$55,999,868
81$77,429,299$32,960,036$25,412,082$60,832,734
82$85,239,271$34,487,261$26,175,571$66,124,888
83$93,843,095$36,086,555$26,961,871$71,921,816
84$103,321,655$37,761,361$27,771,658$78,273,586
85$113,764,085$39,515,289$28,605,630$85,235,313
86$125,268,607$41,352,123$29,464,503$92,867,671
87$137,943,458$43,275,831$30,349,018$101,237,455
88$151,907,915$45,290,570$31,259,934$110,418,206
89$167,293,414$47,400,700$32,198,033$120,490,894
90$184,244,797$49,610,789$33,164,122$131,544,671
91$202,921,675$51,925,627$34,159,030$143,677,707
92$223,499,939$54,350,235$35,183,610$156,998,101
93$246,173,413$56,889,877$36,238,741$171,624,894
94$271,155,691$59,550,071$37,325,329$187,689,178
95$298,682,148$62,336,601$38,444,304$205,335,324
96$329,012,163$65,255,531$39,596,624$224,722,331
97$362,431,570$68,313,218$40,783,277$246,025,314
98$399,255,352$71,516,327$42,005,279$269,437,142
99$439,830,616$74,871,845$43,263,673$295,170,245
100$484,539,870$78,387,097$44,559,538$323,458,606