Can I retire at age 65 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,356,353
2 years$719,501$706,101$693,114$680,522$668,309$621,325
3 years$474,902$461,445$448,491$436,017$424,003$378,606
4 years$352,627$339,211$326,386$314,126$302,402$258,941
5 years$279,281$265,945$253,289$241,279$229,881$188,470
6 years$230,400$217,164$204,695$192,953$181,897$142,569
7 years$195,499$182,374$170,103$158,637$147,931$110,681
8 years$169,334$156,328$144,261$133,077$122,723$87,522
9 years$148,995$136,112$124,252$113,352$103,351$70,157
10 years$132,733$119,976$108,325$97,710$88,060$56,820
11 years$119,437$106,808$95,368$85,037$75,735$46,387
12 years$108,364$95,865$84,637$74,589$65,630$38,110
13 years$99,003$86,634$75,617$65,851$57,231$31,467
14 years$90,985$78,748$67,942$58,455$50,168$26,088
15 years$84,043$71,937$61,343$52,132$44,172$21,700
16 years$77,975$66,001$55,616$46,678$39,039$18,098
17 years$72,626$60,785$50,609$41,940$34,615$15,128
18 years$67,876$56,168$46,199$37,796$30,778$12,668
19 years$63,632$52,056$42,293$34,152$27,433$10,625
20 years$59,817$48,373$38,815$30,932$24,504$8,922
21 years$56,369$45,057$35,702$28,072$21,928$7,500
22 years$53,240$42,059$32,905$25,524$19,655$6,310
23 years$50,386$39,337$30,382$23,245$17,644$5,313
24 years$47,775$36,856$28,098$21,201$15,859$4,477
25 years$45,376$34,588$26,024$19,362$14,270$3,774
26 years$43,165$32,507$24,136$17,704$12,854$3,182
27 years$41,121$30,593$22,413$16,205$11,589$2,685
28 years$39,227$28,828$20,835$14,847$10,457$2,266
29 years$37,466$27,196$19,389$13,615$9,443$1,912
30 years$35,826$25,683$18,060$12,495$8,532$1,615
31 years$34,295$24,279$16,837$11,476$7,714$1,364
32 years$32,862$22,973$15,709$10,547$6,978$1,152
33 years$31,519$21,756$14,668$9,698$6,315$973
34 years$30,258$20,620$13,705$8,923$5,717$822
35 years$29,071$19,557$12,813$8,214$5,178$694
36 years$27,953$18,563$11,986$7,565$4,692$587
37 years$26,898$17,630$11,219$6,970$4,252$496
38 years$25,900$16,755$10,506$6,425$3,855$419
39 years$24,956$15,933$9,843$5,924$3,496$354
40 years$24,062$15,159$9,226$5,464$3,171$299
41 years$23,213$14,429$8,651$5,041$2,877$253
42 years$22,407$13,742$8,115$4,652$2,610$214
43 years$21,641$13,093$7,615$4,295$2,369$181
44 years$20,911$12,481$7,148$3,966$2,150$153
45 years$20,216$11,902$6,711$3,662$1,952$129
46 years$19,553$11,354$6,304$3,383$1,772$109
47 years$18,920$10,835$5,922$3,125$1,610$92
48 years$18,315$10,343$5,565$2,888$1,462$78
49 years$17,737$9,877$5,231$2,669$1,328$66
50 years$17,184$9,435$4,918$2,467$1,206$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,600,000, adding $4,105 every year, while hoping to spend $49,910 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: 67/13/20 Blend
64$17,600,000$17,600,000$17,600,000$17,600,000
65$19,399,434$18,466,634$18,193,834$20,601,994
66$21,325,073$19,318,396$18,750,224$22,259,598
67$23,445,454$20,210,220$19,323,580$24,065,427
68$25,780,388$21,144,019$19,914,418$26,039,011
69$28,351,705$22,121,794$20,523,269$28,196,852
70$31,183,462$23,145,644$21,150,680$30,557,108
71$34,302,163$24,217,769$21,797,217$33,139,769
72$37,737,019$25,340,475$22,463,459$35,966,835
73$41,520,215$26,516,179$23,150,005$39,062,524
74$45,687,219$27,747,413$23,857,472$42,453,496
75$50,277,113$29,036,835$24,586,495$46,169,101
76$55,332,966$30,387,226$25,337,729$50,241,652
77$60,902,234$31,801,506$26,111,849$54,706,727
78$67,037,214$33,282,732$26,909,549$59,603,499
79$73,795,536$34,834,112$27,731,544$64,975,104
80$81,240,703$36,459,006$28,578,574$70,869,040
81$89,442,695$38,160,937$29,451,396$77,337,614
82$98,478,626$39,943,600$30,350,794$84,438,428
83$108,433,475$41,810,865$31,277,575$92,234,919
84$119,400,884$43,766,792$32,232,568$100,796,953
85$131,484,046$45,815,637$33,216,631$110,201,480
86$144,796,675$47,961,859$34,230,644$120,533,248
87$159,464,081$50,210,135$35,275,516$131,885,607
88$175,624,354$52,565,369$36,352,183$144,361,375
89$193,429,666$55,032,700$37,461,609$158,073,806
90$213,047,706$57,617,516$38,604,787$173,147,654
91$234,663,265$60,325,467$39,782,740$189,720,338
92$258,479,978$63,162,476$40,996,522$207,943,238
93$284,722,250$66,134,751$42,247,219$227,983,110
94$313,637,369$69,248,803$43,535,950$250,023,658
95$345,497,844$72,511,457$44,863,868$274,267,254
96$380,603,975$75,929,870$46,232,158$300,936,844
97$419,286,690$79,511,543$47,642,045$330,278,041
98$461,910,666$83,264,343$49,094,788$362,561,436
99$508,877,776$87,196,518$50,591,685$398,085,138
100$560,630,876$91,316,714$52,134,074$437,177,584