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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.8%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,359,067
2 years$719,501$706,101$693,114$680,522$668,309$623,998
3 years$474,902$461,445$448,491$436,017$424,003$381,152
4 years$352,627$339,211$326,386$314,126$302,402$261,340
5 years$279,281$265,945$253,289$241,279$229,881$190,718
6 years$230,400$217,164$204,695$192,953$181,897$144,667
7 years$195,499$182,374$170,103$158,637$147,931$112,630
8 years$169,334$156,328$144,261$133,077$122,723$89,327
9 years$148,995$136,112$124,252$113,352$103,351$71,822
10 years$132,733$119,976$108,325$97,710$88,060$58,352
11 years$119,437$106,808$95,368$85,037$75,735$47,793
12 years$108,364$95,865$84,637$74,589$65,630$39,395
13 years$99,003$86,634$75,617$65,851$57,231$32,639
14 years$90,985$78,748$67,942$58,455$50,168$27,154
15 years$84,043$71,937$61,343$52,132$44,172$22,666
16 years$77,975$66,001$55,616$46,678$39,039$18,973
17 years$72,626$60,785$50,609$41,940$34,615$15,917
18 years$67,876$56,168$46,199$37,796$30,778$13,379
19 years$63,632$52,056$42,293$34,152$27,433$11,263
20 years$59,817$48,373$38,815$30,932$24,504$9,495
21 years$56,369$45,057$35,702$28,072$21,928$8,012
22 years$53,240$42,059$32,905$25,524$19,655$6,768
23 years$50,386$39,337$30,382$23,245$17,644$5,721
24 years$47,775$36,856$28,098$21,201$15,859$4,839
25 years$45,376$34,588$26,024$19,362$14,270$4,096
26 years$43,165$32,507$24,136$17,704$12,854$3,468
27 years$41,121$30,593$22,413$16,205$11,589$2,938
28 years$39,227$28,828$20,835$14,847$10,457$2,489
29 years$37,466$27,196$19,389$13,615$9,443$2,110
30 years$35,826$25,683$18,060$12,495$8,532$1,789
31 years$34,295$24,279$16,837$11,476$7,714$1,517
32 years$32,862$22,973$15,709$10,547$6,978$1,286
33 years$31,519$21,756$14,668$9,698$6,315$1,091
34 years$30,258$20,620$13,705$8,923$5,717$926
35 years$29,071$19,557$12,813$8,214$5,178$785
36 years$27,953$18,563$11,986$7,565$4,692$666
37 years$26,898$17,630$11,219$6,970$4,252$565
38 years$25,900$16,755$10,506$6,425$3,855$480
39 years$24,956$15,933$9,843$5,924$3,496$407
40 years$24,062$15,159$9,226$5,464$3,171$346
41 years$23,213$14,429$8,651$5,041$2,877$293
42 years$22,407$13,742$8,115$4,652$2,610$249
43 years$21,641$13,093$7,615$4,295$2,369$211
44 years$20,911$12,481$7,148$3,966$2,150$179
45 years$20,216$11,902$6,711$3,662$1,952$152
46 years$19,553$11,354$6,304$3,383$1,772$129
47 years$18,920$10,835$5,922$3,125$1,610$110
48 years$18,315$10,343$5,565$2,888$1,462$93
49 years$17,737$9,877$5,231$2,669$1,328$79
50 years$17,184$9,435$4,918$2,467$1,206$67

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 $4,651 every year, while hoping to spend $36,543 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: 56/33/11 Blend
64$17,600,000$17,600,000$17,600,000$17,600,000
65$19,399,998$18,467,198$18,194,398$20,432,977
66$21,339,916$19,333,209$18,765,028$21,998,161
67$23,476,481$20,240,430$19,353,551$23,697,731
68$25,829,712$21,190,841$19,960,525$25,548,062
69$28,421,670$22,186,520$20,586,530$27,563,553
70$31,276,664$23,229,642$21,232,162$29,760,027
71$34,421,480$24,322,491$21,898,036$32,154,874
72$37,885,637$25,467,460$22,584,786$34,767,212
73$41,701,664$26,667,056$23,293,068$37,618,056
74$45,905,403$27,923,911$24,023,555$40,730,516
75$50,536,353$29,240,783$24,776,943$44,129,999
76$55,638,042$30,620,562$25,553,952$47,844,450
77$61,258,433$32,066,280$26,355,319$51,904,602
78$67,450,381$33,581,115$27,181,810$56,344,260
79$74,272,130$35,168,400$28,034,212$61,200,611
80$81,787,865$36,831,630$28,913,336$66,514,565
81$90,068,315$38,574,467$29,820,020$72,331,136
82$99,191,419$40,400,753$30,755,127$78,699,850
83$109,243,069$42,314,515$31,719,549$85,675,206
84$120,317,913$44,319,976$32,714,204$93,317,181
85$132,520,249$46,421,564$33,740,039$101,691,781
86$145,965,017$48,623,923$34,798,033$110,871,654
87$160,778,873$50,931,920$35,889,191$120,936,764
88$177,101,393$53,350,659$37,014,554$131,975,130
89$195,086,387$55,885,493$38,175,194$144,083,647
90$214,903,352$58,542,035$39,372,216$157,368,983
91$236,739,068$61,326,170$40,606,760$171,948,572
92$260,799,368$64,244,067$41,880,001$187,951,706
93$287,311,076$67,302,198$43,193,153$205,520,741
94$316,524,148$70,507,348$44,547,466$224,812,422
95$348,714,034$73,866,632$45,944,230$245,999,344
96$384,184,279$77,387,510$47,384,775$269,271,563
97$423,269,383$81,077,806$48,870,472$294,838,373
98$466,337,964$84,945,722$50,402,737$322,930,255
99$513,796,236$88,999,863$51,983,029$353,801,035
100$566,091,844$93,249,248$53,612,852$387,730,259