Can I retire at age 67 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,025,386
2 years$531,449$521,552$511,959$502,659$493,637$482,308
3 years$350,780$340,840$331,272$322,058$313,184$302,128
4 years$260,463$250,553$241,081$232,025$223,365$212,669
5 years$206,287$196,437$187,089$178,217$169,799$159,493
6 years$170,182$160,405$151,195$142,522$134,356$124,454
7 years$144,402$134,708$125,644$117,175$109,267$99,773
8 years$125,077$115,470$106,556$98,295$90,648$81,560
9 years$110,053$100,537$91,777$83,726$76,339$67,655
10 years$98,042$88,619$80,013$72,172$65,044$56,758
11 years$88,220$78,892$70,442$62,812$55,940$48,045
12 years$80,042$70,809$62,516$55,094$48,477$40,964
13 years$73,127$63,991$55,854$48,640$42,273$35,134
14 years$67,205$58,166$50,185$43,177$37,056$30,281
15 years$62,077$53,136$45,310$38,506$32,627$26,205
16 years$57,595$48,751$41,080$34,478$28,836$22,756
17 years$53,644$44,898$37,381$30,978$25,568$19,819
18 years$50,136$41,488$34,124$27,918$22,734$17,304
19 years$47,001$38,450$31,239$25,226$20,263$15,141
20 years$44,183$35,730$28,670$22,847$18,099$13,273
21 years$41,637$33,281$26,371$20,735$16,197$11,654
22 years$39,325$31,067$24,305$18,853$14,518$10,246
23 years$37,217$29,056$22,441$17,170$13,032$9,019
24 years$35,288$27,224$20,754$15,660$11,714$7,948
25 years$33,516$25,548$19,223$14,302$10,541$7,010
26 years$31,883$24,011$17,828$13,077$9,495$6,188
27 years$30,373$22,597$16,555$11,969$8,560$5,467
28 years$28,974$21,293$15,390$10,966$7,724$4,832
29 years$27,674$20,088$14,322$10,056$6,975$4,273
30 years$26,462$18,971$13,340$9,229$6,302$3,781
31 years$25,331$17,934$12,436$8,476$5,698$3,347
32 years$24,273$16,969$11,603$7,790$5,154$2,964
33 years$23,281$16,070$10,834$7,164$4,664$2,626
34 years$22,349$15,230$10,123$6,591$4,223$2,327
35 years$21,473$14,446$9,464$6,067$3,825$2,062
36 years$20,647$13,711$8,853$5,588$3,466$1,828
37 years$19,868$13,022$8,287$5,149$3,141$1,621
38 years$19,131$12,376$7,760$4,746$2,848$1,437
39 years$18,434$11,768$7,270$4,376$2,582$1,275
40 years$17,773$11,197$6,815$4,036$2,342$1,131
41 years$17,146$10,658$6,390$3,724$2,125$1,004
42 years$16,551$10,150$5,994$3,436$1,928$890
43 years$15,985$9,671$5,624$3,172$1,750$790
44 years$15,446$9,219$5,280$2,929$1,588$701
45 years$14,932$8,791$4,957$2,705$1,442$622
46 years$14,443$8,386$4,656$2,499$1,309$553
47 years$13,975$8,003$4,374$2,309$1,189$490
48 years$13,528$7,640$4,111$2,133$1,080$435
49 years$13,101$7,296$3,864$1,971$981$387
50 years$12,693$6,969$3,632$1,822$891$343

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,000,000, adding $6,595 every year, while hoping to spend $51,248 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: 44/42/14 Blend
66$13,000,000$13,000,000$13,000,000$13,000,000
67$14,332,803$13,643,803$13,442,303$14,905,366
68$15,740,221$14,257,822$13,838,092$15,919,888
69$17,289,479$14,900,210$14,245,423$17,013,173
70$18,994,989$15,572,303$14,664,628$18,197,030
71$20,872,633$16,275,502$15,096,049$19,479,828
72$22,939,912$17,011,272$15,540,037$20,870,749
73$25,216,109$17,781,150$15,996,955$22,379,872
74$27,722,473$18,586,747$16,467,173$24,018,264
75$30,482,417$19,429,749$16,951,075$25,798,077
76$33,521,740$20,311,924$17,449,053$27,732,655
77$36,868,874$21,235,125$17,961,512$29,836,659
78$40,555,145$22,201,291$18,488,868$32,126,194
79$44,615,073$23,212,458$19,031,549$34,618,956
80$49,086,697$24,270,755$19,589,993$37,334,393
81$54,011,936$25,378,418$20,164,653$40,293,879
82$59,436,978$26,537,785$20,755,994$43,520,909
83$65,412,723$27,751,309$21,364,493$47,041,312
84$71,995,259$29,021,562$21,990,641$50,883,489
85$79,246,392$30,351,235$22,634,945$55,078,669
86$87,234,231$31,743,153$23,297,922$59,661,193
87$96,033,828$33,200,272$23,980,108$64,668,835
88$105,727,887$34,725,694$24,682,050$70,143,143
89$116,407,546$36,322,668$25,404,314$76,129,819
90$128,173,237$37,994,600$26,147,479$82,679,146
91$141,135,629$39,745,058$26,912,142$89,846,445
92$155,416,681$41,577,782$27,698,916$97,692,588
93$171,150,783$43,496,695$28,508,431$106,284,556
94$188,486,035$45,505,905$29,341,335$115,696,066
95$207,585,636$47,609,720$30,198,295$126,008,242
96$228,629,427$49,812,653$31,079,995$137,310,375
97$251,815,593$52,119,436$31,987,138$149,700,747
98$277,362,524$54,535,030$32,920,448$163,287,543
99$305,510,888$57,064,632$33,880,670$178,189,854
100$336,525,892$59,713,693$34,868,566$194,538,786