Can I retire at age 65 with 17,900,000?

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 $17,900,000?

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$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,396,269
2 years$731,765$718,137$704,928$692,122$679,701$648,523
3 years$482,997$469,310$456,135$443,449$431,230$400,949
4 years$358,638$344,993$331,950$319,480$307,557$278,407
5 years$284,042$270,478$257,607$245,392$233,800$205,862
6 years$234,327$220,866$208,184$196,242$184,998$158,302
7 years$198,831$185,483$173,002$161,341$150,453$125,004
8 years$172,221$158,993$146,720$135,345$124,815$100,605
9 years$151,535$138,432$126,370$115,284$105,112$82,123
10 years$134,996$122,021$110,172$99,376$89,561$67,768
11 years$121,473$108,628$96,994$86,487$77,025$56,402
12 years$110,211$97,499$86,079$75,860$66,749$47,261
13 years$100,690$88,110$76,906$66,973$58,206$39,821
14 years$92,536$80,090$69,101$59,452$51,023$33,703
15 years$85,476$73,164$62,388$53,020$44,925$28,631
16 years$79,304$67,126$56,564$47,474$39,705$24,398
17 years$73,864$61,821$51,471$42,655$35,205$20,845
18 years$69,033$57,125$46,987$38,441$31,303$17,848
19 years$64,717$52,943$43,014$34,734$27,901$15,310
20 years$60,836$49,197$39,476$31,459$24,921$13,153
21 years$57,330$45,825$36,310$28,551$22,302$11,315
22 years$54,147$42,776$33,466$25,959$19,990$9,745
23 years$51,245$40,008$30,900$23,642$17,945$8,401
24 years$48,589$37,485$28,577$21,562$16,129$7,249
25 years$46,149$35,177$26,468$19,692$14,514$6,258
26 years$43,900$33,061$24,548$18,005$13,073$5,407
27 years$41,822$31,114$22,795$16,481$11,787$4,674
28 years$39,895$29,319$21,191$15,100$10,635$4,042
29 years$38,105$27,659$19,720$13,847$9,603$3,497
30 years$36,437$26,121$18,368$12,708$8,677$3,026
31 years$34,879$24,693$17,124$11,671$7,845$2,620
32 years$33,422$23,365$15,977$10,726$7,096$2,268
33 years$32,056$22,127$14,918$9,864$6,422$1,965
34 years$30,773$20,971$13,938$9,075$5,815$1,702
35 years$29,567$19,891$13,031$8,354$5,267$1,474
36 years$28,429$18,879$12,191$7,694$4,772$1,278
37 years$27,356$17,931$11,410$7,089$4,325$1,107
38 years$26,342$17,041$10,685$6,534$3,921$960
39 years$25,382$16,204$10,011$6,025$3,556$832
40 years$24,472$15,417$9,383$5,557$3,225$721
41 years$23,609$14,675$8,798$5,127$2,926$625
42 years$22,789$13,976$8,253$4,732$2,655$542
43 years$22,010$13,317$7,745$4,368$2,409$470
44 years$21,268$12,694$7,270$4,033$2,187$407
45 years$20,561$12,104$6,826$3,725$1,985$353
46 years$19,886$11,547$6,411$3,441$1,803$306
47 years$19,243$11,020$6,023$3,179$1,637$266
48 years$18,628$10,520$5,660$2,937$1,487$230
49 years$18,039$10,046$5,320$2,714$1,350$200
50 years$17,477$9,596$5,002$2,509$1,226$173

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,900,000, adding $2,840 every year, while hoping to spend $48,599 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: 36/41/23 Blend
64$17,900,000$17,900,000$17,900,000$17,900,000
65$19,728,729$18,780,029$18,502,579$20,301,851
66$21,689,351$19,648,542$19,070,707$21,591,779
67$23,848,327$20,557,983$19,656,238$22,978,718
68$26,225,838$21,510,306$20,259,704$24,475,064
69$28,844,123$22,507,560$20,881,653$26,090,651
70$31,727,685$23,551,892$21,522,650$27,836,258
71$34,903,526$24,645,552$22,183,276$29,723,703
72$38,401,401$25,790,899$22,864,131$31,765,948
73$42,254,097$26,990,407$23,565,833$33,977,210
74$46,497,745$28,246,666$24,289,018$36,373,090
75$51,172,157$29,562,395$25,034,342$38,970,707
76$56,321,205$30,940,441$25,802,481$41,788,851
77$61,993,236$32,383,790$26,594,132$44,848,151
78$68,241,523$33,895,573$27,410,012$48,171,261
79$75,124,772$35,479,069$28,250,861$51,783,056
80$82,707,674$37,137,719$29,117,440$55,710,861
81$91,061,518$38,875,129$30,010,536$59,984,696
82$100,264,860$40,695,077$30,930,956$64,637,544
83$110,404,268$42,601,528$31,879,535$69,705,650
84$121,575,136$44,598,636$32,857,132$75,228,850
85$133,882,586$46,690,755$33,864,632$81,250,933
86$147,442,460$48,882,452$34,902,947$87,820,034
87$162,382,412$51,178,513$35,973,017$94,989,081
88$178,843,114$53,583,957$37,075,810$102,816,270
89$196,979,586$56,104,045$38,212,324$111,365,599
90$216,962,654$58,744,294$39,383,587$120,707,456
91$238,980,567$61,510,486$40,590,659$130,919,261
92$263,240,769$64,408,684$41,834,630$142,086,182
93$289,971,864$67,445,246$43,116,627$154,301,909
94$319,425,768$70,626,837$44,437,808$167,669,526
95$351,880,088$73,960,443$45,799,366$182,302,454
96$387,640,745$77,453,393$47,202,533$198,325,503
97$427,044,859$81,113,367$48,648,575$215,876,019
98$470,463,932$84,948,420$50,138,800$235,105,161
99$518,307,356$88,966,996$51,674,554$256,179,293
100$571,026,277$93,177,949$53,257,222$279,281,533