Can I retire at age 67 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,033,703
2 years$535,538$525,564$515,897$506,525$497,434$486,449
3 years$353,479$343,462$333,820$324,536$315,593$304,871
4 years$262,467$252,481$242,935$233,810$225,083$214,708
5 years$207,874$197,948$188,528$179,588$171,105$161,107
6 years$171,491$161,639$152,358$143,618$135,389$125,781
7 years$145,513$135,744$126,611$118,076$110,108$100,893
8 years$126,039$116,358$107,376$99,051$91,345$82,523
9 years$110,900$101,311$92,483$84,370$76,926$68,493
10 years$98,796$89,300$80,629$72,728$65,545$57,496
11 years$88,899$79,499$70,984$63,295$56,371$48,700
12 years$80,658$71,354$62,997$55,518$48,850$41,549
13 years$73,689$64,483$56,283$49,014$42,598$35,658
14 years$67,722$58,613$50,571$43,509$37,341$30,753
15 years$62,555$53,544$45,659$38,803$32,878$26,632
16 years$58,038$49,126$41,396$34,744$29,058$23,143
17 years$54,057$45,243$37,669$31,217$25,764$20,170
18 years$50,522$41,807$34,387$28,133$22,909$17,623
19 years$47,362$38,746$31,480$25,420$20,419$15,431
20 years$44,523$36,005$28,890$23,023$18,239$13,537
21 years$41,957$33,537$26,574$20,895$16,321$11,895
22 years$39,627$31,305$24,492$18,998$14,630$10,466
23 years$37,503$29,279$22,614$17,302$13,133$9,220
24 years$35,559$27,433$20,914$15,780$11,804$8,131
25 years$33,774$25,744$19,370$14,412$10,622$7,177
26 years$32,128$24,196$17,965$13,177$9,568$6,341
27 years$30,607$22,771$16,682$12,061$8,626$5,606
28 years$29,197$21,457$15,508$11,051$7,783$4,959
29 years$27,887$20,242$14,432$10,134$7,028$4,389
30 years$26,666$19,117$13,443$9,300$6,350$3,887
31 years$25,526$18,071$12,532$8,542$5,741$3,443
32 years$24,460$17,099$11,693$7,850$5,194$3,052
33 years$23,460$16,193$10,918$7,219$4,700$2,706
34 years$22,521$15,348$10,201$6,642$4,255$2,399
35 years$21,638$14,557$9,537$6,114$3,854$2,128
36 years$20,806$13,817$8,922$5,631$3,492$1,888
37 years$20,020$13,123$8,350$5,188$3,165$1,676
38 years$19,278$12,471$7,820$4,782$2,869$1,488
39 years$18,575$11,859$7,326$4,409$2,602$1,321
40 years$17,910$11,283$6,867$4,067$2,360$1,173
41 years$17,278$10,740$6,439$3,752$2,141$1,041
42 years$16,678$10,229$6,040$3,463$1,943$925
43 years$16,108$9,746$5,668$3,197$1,763$821
44 years$15,565$9,290$5,320$2,952$1,601$730
45 years$15,047$8,859$4,995$2,726$1,453$648
46 years$14,554$8,451$4,692$2,518$1,319$576
47 years$14,083$8,065$4,408$2,326$1,198$512
48 years$13,632$7,699$4,142$2,150$1,088$454
49 years$13,202$7,352$3,893$1,987$988$404
50 years$12,790$7,023$3,660$1,836$898$359

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,100,000, adding $2,301 every year, while hoping to spend $40,873 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: 36/46/18 Blend
66$13,100,000$13,100,000$13,100,000$13,100,000
67$14,438,573$13,744,273$13,541,223$14,879,151
68$15,867,819$14,374,254$13,951,366$15,829,446
69$17,441,479$15,033,734$14,373,878$16,850,663
70$19,174,238$15,724,116$14,809,132$17,952,282
71$21,082,281$16,446,868$15,257,509$19,141,505
72$23,183,441$17,203,533$15,719,403$20,426,222
73$25,497,369$17,995,722$16,195,219$21,815,084
74$28,045,718$18,825,130$16,685,376$23,317,576
75$30,852,348$19,693,528$17,190,303$24,944,098
76$33,943,552$20,602,776$17,710,443$26,706,062
77$37,348,304$21,554,821$18,246,252$28,615,986
78$41,098,529$22,551,706$18,798,200$30,687,609
79$45,229,409$23,595,569$19,366,770$32,936,011
80$49,779,712$24,688,656$19,952,460$35,377,747
81$54,792,159$25,833,316$20,555,783$38,030,995
82$60,313,825$27,032,014$21,177,268$40,915,719
83$66,396,586$28,287,334$21,817,457$44,053,846
84$73,097,607$29,601,983$22,476,912$47,469,467
85$80,479,883$30,978,799$23,156,208$51,189,049
86$88,612,830$32,420,759$23,855,940$55,241,677
87$97,572,943$33,930,981$24,576,718$59,659,319
88$107,444,518$35,512,734$25,319,174$64,477,110
89$118,320,447$37,169,446$26,083,954$69,733,676
90$130,303,093$38,904,710$26,871,727$75,471,486
91$143,505,259$40,722,290$27,683,180$81,737,237
92$158,051,250$42,626,137$28,519,021$88,582,279
93$174,078,048$44,620,389$29,379,979$96,063,088
94$191,736,605$46,709,384$30,266,805$104,241,786
95$211,193,267$48,897,672$31,180,271$113,186,701
96$232,631,344$51,190,022$32,121,173$122,973,008
97$256,252,840$53,591,432$33,090,331$133,683,410
98$282,280,361$56,107,143$34,088,589$145,408,905
99$310,959,215$58,742,651$35,116,814$158,249,626
100$342,559,731$61,503,716$36,175,903$172,315,763