Can I retire at age 66 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,039,555
2 years$551,890$541,611$531,650$521,992$512,623$475,769
3 years$364,272$353,949$344,013$334,445$325,229$289,632
4 years$270,481$260,190$250,353$240,949$231,956$197,889
5 years$214,222$203,992$194,284$185,072$176,329$143,881
6 years$176,727$166,575$157,011$148,003$139,524$108,720
7 years$149,956$139,889$130,477$121,682$113,470$84,307
8 years$129,887$119,911$110,654$102,076$94,134$66,588
9 years$114,286$104,404$95,307$86,946$79,275$53,311
10 years$101,812$92,027$83,091$74,948$67,546$43,122
11 years$91,613$81,926$73,152$65,227$58,092$35,159
12 years$83,120$73,533$64,920$57,213$50,341$28,847
13 years$75,940$66,452$58,002$50,511$43,898$23,786
14 years$69,790$60,403$52,115$44,838$38,481$19,692
15 years$64,465$55,179$47,053$39,987$33,882$16,357
16 years$59,810$50,626$42,660$35,804$29,945$13,622
17 years$55,707$46,625$38,819$32,170$26,551$11,370
18 years$52,064$43,083$35,437$28,992$23,608$9,507
19 years$48,809$39,929$32,441$26,196$21,042$7,961
20 years$45,882$37,104$29,772$23,726$18,795$6,675
21 years$43,238$34,561$27,385$21,533$16,820$5,603
22 years$40,837$32,261$25,239$19,578$15,077$4,707
23 years$38,649$30,173$23,304$17,830$13,534$3,957
24 years$36,645$28,271$21,552$16,262$12,164$3,328
25 years$34,805$26,531$19,962$14,852$10,946$2,801
26 years$33,109$24,934$18,514$13,580$9,860$2,358
27 years$31,542$23,466$17,192$12,430$8,889$1,986
28 years$30,089$22,112$15,982$11,388$8,021$1,674
29 years$28,738$20,860$14,872$10,443$7,243$1,410
30 years$27,480$19,700$13,853$9,584$6,544$1,189
31 years$26,306$18,623$12,915$8,802$5,917$1,002
32 years$25,207$17,621$12,050$8,090$5,352$845
33 years$24,177$16,688$11,251$7,439$4,844$713
34 years$23,209$15,816$10,512$6,845$4,385$601
35 years$22,299$15,001$9,828$6,301$3,972$507
36 years$21,441$14,239$9,194$5,803$3,599$428
37 years$20,632$13,523$8,605$5,347$3,262$361
38 years$19,867$12,852$8,059$4,928$2,957$304
39 years$19,143$12,221$7,550$4,544$2,682$257
40 years$18,457$11,627$7,077$4,191$2,432$217
41 years$17,806$11,068$6,636$3,867$2,207$183
42 years$17,187$10,541$6,224$3,569$2,002$154
43 years$16,600$10,043$5,841$3,294$1,817$130
44 years$16,040$9,573$5,483$3,042$1,649$110
45 years$15,507$9,129$5,148$2,809$1,497$93
46 years$14,998$8,709$4,835$2,595$1,360$78
47 years$14,513$8,311$4,543$2,397$1,235$66
48 years$14,049$7,934$4,269$2,215$1,121$56
49 years$13,605$7,576$4,012$2,047$1,018$47
50 years$13,181$7,237$3,772$1,892$925$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $13,500,000, adding $4,101 every year, while hoping to spend $26,061 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: 41/45/14 Blend
65$13,500,000$13,500,000$13,500,000$13,500,000
66$14,881,230$14,165,730$13,956,480$15,429,643
67$16,371,387$14,832,122$14,396,294$16,483,324
68$18,012,666$15,530,294$14,849,967$17,620,161
69$19,820,455$16,261,775$15,317,938$18,850,024
70$21,811,709$17,028,170$15,800,656$20,181,397
71$24,005,112$17,831,159$16,298,587$21,623,583
72$26,421,254$18,672,506$16,812,210$23,186,786
73$29,082,822$19,554,059$17,342,019$24,882,201
74$32,014,818$20,477,756$17,888,525$26,722,112
75$35,244,792$21,445,629$18,452,253$28,720,004
76$38,803,104$22,459,808$19,033,747$30,890,677
77$42,723,209$23,522,527$19,633,566$33,250,382
78$47,041,974$24,636,129$20,252,288$35,816,967
79$51,800,025$25,803,068$20,890,509$38,610,031
80$57,042,129$27,025,920$21,548,843$41,651,107
81$62,817,621$28,307,385$22,227,924$44,963,851
82$69,180,864$29,650,293$22,928,405$48,574,257
83$76,191,768$31,057,612$23,650,962$52,510,891
84$83,916,349$32,532,456$24,396,290$56,805,151
85$92,427,357$34,078,087$25,165,107$61,491,551
86$101,804,962$35,697,928$25,958,152$66,608,037
87$112,137,508$37,395,566$26,776,190$72,196,328
88$123,522,349$39,174,765$27,620,008$78,302,301
89$136,066,770$41,039,469$28,490,419$84,976,409
90$149,888,992$42,993,815$29,388,261$92,274,142
91$165,119,299$45,042,142$30,314,397$100,256,537
92$181,901,259$47,188,998$31,269,721$108,990,737
93$200,393,082$49,439,153$32,255,151$118,550,610
94$220,769,115$51,797,610$33,271,637$129,017,428
95$243,221,485$54,269,613$34,320,157$140,480,616
96$267,961,915$56,860,663$35,401,721$153,038,576
97$295,223,722$59,576,527$36,517,370$166,799,600
98$325,264,019$62,423,254$37,668,179$181,882,867
99$358,366,141$65,407,186$38,855,255$198,419,548
100$394,842,323$68,534,974$40,079,743$216,554,021