Can I retire at age 66 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,041,705
2 years$543,714$533,587$523,774$514,258$505,029$486,097
3 years$358,875$348,705$338,916$329,490$320,411$301,992
4 years$266,474$256,335$246,644$237,379$228,520$210,755
5 years$211,048$200,970$191,406$182,330$173,717$156,659
6 years$174,109$164,107$154,685$145,811$137,456$121,123
7 years$147,735$137,817$128,544$119,879$111,789$96,185
8 years$127,963$118,135$109,015$100,564$92,740$77,861
9 years$112,593$102,857$93,895$85,658$78,100$63,939
10 years$100,304$90,664$81,860$73,838$66,545$53,089
11 years$90,256$80,713$72,068$64,261$57,231$44,464
12 years$81,889$72,443$63,958$56,366$49,595$37,501
13 years$74,814$65,468$57,143$49,762$43,248$31,807
14 years$68,756$59,508$51,343$44,173$37,911$27,104
15 years$63,510$54,362$46,356$39,395$33,380$23,185
16 years$58,924$49,876$42,028$35,274$29,501$19,897
17 years$54,882$45,934$38,244$31,693$26,158$17,122
18 years$51,293$42,445$34,912$28,562$23,258$14,767
19 years$48,086$39,338$31,960$25,808$20,731$12,761
20 years$45,202$36,554$29,331$23,374$18,517$11,046
21 years$42,597$34,049$26,979$21,214$16,571$9,576
22 years$40,232$31,783$24,866$19,288$14,853$8,311
23 years$38,076$29,726$22,959$17,566$13,333$7,221
24 years$36,102$27,852$21,233$16,021$11,984$6,279
25 years$34,289$26,137$19,666$14,632$10,784$5,465
26 years$32,619$24,565$18,239$13,378$9,714$4,759
27 years$31,074$23,119$16,937$12,246$8,758$4,147
28 years$29,643$21,784$15,745$11,220$7,902$3,616
29 years$28,312$20,551$14,652$10,289$7,136$3,154
30 years$27,073$19,408$13,648$9,442$6,447$2,752
31 years$25,916$18,347$12,723$8,672$5,829$2,402
32 years$24,833$17,360$11,871$7,970$5,273$2,097
33 years$23,818$16,441$11,084$7,329$4,772$1,832
34 years$22,865$15,582$10,356$6,743$4,320$1,600
35 years$21,968$14,779$9,683$6,208$3,913$1,398
36 years$21,123$14,028$9,058$5,717$3,546$1,222
37 years$20,326$13,323$8,478$5,267$3,213$1,068
38 years$19,572$12,662$7,939$4,855$2,913$933
39 years$18,859$12,040$7,438$4,477$2,642$816
40 years$18,183$11,455$6,972$4,129$2,396$713
41 years$17,542$10,904$6,537$3,810$2,174$624
42 years$16,933$10,385$6,132$3,516$1,973$545
43 years$16,354$9,895$5,754$3,245$1,790$477
44 years$15,802$9,432$5,401$2,997$1,625$417
45 years$15,277$8,994$5,072$2,768$1,475$365
46 years$14,776$8,580$4,764$2,556$1,339$319
47 years$14,298$8,188$4,475$2,362$1,216$279
48 years$13,841$7,816$4,205$2,182$1,105$244
49 years$13,404$7,464$3,953$2,017$1,003$214
50 years$12,985$7,130$3,716$1,864$911$187

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $13,300,000, adding $2,438 every year, while hoping to spend $29,175 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: 72/15/13 Blend
65$13,300,000$13,300,000$13,300,000$13,300,000
66$14,659,115$13,954,215$13,748,065$15,673,731
67$16,123,303$14,606,929$14,177,583$16,998,746
68$17,735,860$15,290,649$14,620,512$18,445,389
69$19,511,889$16,006,862$15,077,271$20,028,712
70$21,468,033$16,757,130$15,548,291$21,762,222
71$23,622,630$17,543,087$16,034,016$23,660,787
72$25,995,889$18,366,450$16,534,907$25,740,773
73$28,610,079$19,229,015$17,051,436$28,020,196
74$31,489,739$20,132,668$17,584,090$30,518,888
75$34,661,909$21,079,385$18,133,374$33,258,683
76$38,156,387$22,071,238$18,699,805$36,263,619
77$42,006,009$23,110,400$19,283,919$39,560,164
78$46,246,959$24,199,147$19,886,268$43,177,460
79$50,919,110$25,339,867$20,507,420$47,147,596
80$56,066,403$26,535,063$21,147,961$51,505,909
81$61,737,256$27,787,361$21,808,498$56,291,310
82$67,985,026$29,099,512$22,489,653$61,546,653
83$74,868,512$30,474,402$23,192,069$67,319,131
84$82,452,508$31,915,054$23,916,411$73,660,719
85$90,808,414$33,424,643$24,663,361$80,628,661
86$100,014,914$35,006,492$25,433,626$88,286,004
87$110,158,714$36,664,089$26,227,931$96,702,193
88$121,335,364$38,401,090$27,047,027$105,953,715
89$133,650,156$40,221,329$27,891,688$116,124,823
90$147,219,123$42,128,825$28,762,710$127,308,319
91$162,170,129$44,127,792$29,660,916$139,606,431
92$178,644,078$46,222,651$30,587,154$153,131,768
93$196,796,248$48,418,034$31,542,297$168,008,378
94$216,797,749$50,718,802$32,527,248$184,372,914
95$238,837,144$53,130,047$33,542,935$202,375,916
96$263,122,227$55,657,114$34,590,318$222,183,226
97$289,881,985$58,305,603$35,670,384$243,977,545
98$319,368,758$61,081,389$36,784,153$267,960,152
99$351,860,626$63,990,631$37,932,676$294,352,796
100$387,664,025$67,039,788$39,117,037$323,399,780