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

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,026,462
2 years$535,538$525,564$515,897$506,525$497,434$479,207
3 years$353,479$343,462$333,820$324,536$315,593$297,856
4 years$262,467$252,481$242,935$233,810$225,083$207,975
5 years$207,874$197,948$188,528$179,588$171,105$154,672
6 years$171,491$161,639$152,358$143,618$135,389$119,652
7 years$145,513$135,744$126,611$118,076$110,108$95,070
8 years$126,039$116,358$107,376$99,051$91,345$77,004
9 years$110,900$101,311$92,483$84,370$76,926$63,272
10 years$98,796$89,300$80,629$72,728$65,545$52,567
11 years$88,899$79,499$70,984$63,295$56,371$44,055
12 years$80,658$71,354$62,997$55,518$48,850$37,180
13 years$73,689$64,483$56,283$49,014$42,598$31,556
14 years$67,722$58,613$50,571$43,509$37,341$26,908
15 years$62,555$53,544$45,659$38,803$32,878$23,033
16 years$58,038$49,126$41,396$34,744$29,058$19,781
17 years$54,057$45,243$37,669$31,217$25,764$17,034
18 years$50,522$41,807$34,387$28,133$22,909$14,702
19 years$47,362$38,746$31,480$25,420$20,419$12,714
20 years$44,523$36,005$28,890$23,023$18,239$11,014
21 years$41,957$33,537$26,574$20,895$16,321$9,555
22 years$39,627$31,305$24,492$18,998$14,630$8,299
23 years$37,503$29,279$22,614$17,302$13,133$7,216
24 years$35,559$27,433$20,914$15,780$11,804$6,280
25 years$33,774$25,744$19,370$14,412$10,622$5,470
26 years$32,128$24,196$17,965$13,177$9,568$4,767
27 years$30,607$22,771$16,682$12,061$8,626$4,158
28 years$29,197$21,457$15,508$11,051$7,783$3,628
29 years$27,887$20,242$14,432$10,134$7,028$3,167
30 years$26,666$19,117$13,443$9,300$6,350$2,766
31 years$25,526$18,071$12,532$8,542$5,741$2,416
32 years$24,460$17,099$11,693$7,850$5,194$2,111
33 years$23,460$16,193$10,918$7,219$4,700$1,846
34 years$22,521$15,348$10,201$6,642$4,255$1,613
35 years$21,638$14,557$9,537$6,114$3,854$1,411
36 years$20,806$13,817$8,922$5,631$3,492$1,234
37 years$20,020$13,123$8,350$5,188$3,165$1,079
38 years$19,278$12,471$7,820$4,782$2,869$944
39 years$18,575$11,859$7,326$4,409$2,602$826
40 years$17,910$11,283$6,867$4,067$2,360$723
41 years$17,278$10,740$6,439$3,752$2,141$633
42 years$16,678$10,229$6,040$3,463$1,943$554
43 years$16,108$9,746$5,668$3,197$1,763$485
44 years$15,565$9,290$5,320$2,952$1,601$424
45 years$15,047$8,859$4,995$2,726$1,453$371
46 years$14,554$8,451$4,692$2,518$1,319$325
47 years$14,083$8,065$4,408$2,326$1,198$285
48 years$13,632$7,699$4,142$2,150$1,088$249
49 years$13,202$7,352$3,893$1,987$988$218
50 years$12,790$7,023$3,660$1,836$898$191

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 $6,968 every year, while hoping to spend $39,746 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: 34/40/26 Blend
66$13,100,000$13,100,000$13,100,000$13,100,000
67$14,443,387$13,749,087$13,546,037$14,820,269
68$15,874,324$14,380,503$13,957,540$15,735,045
69$17,449,883$15,041,526$14,381,496$16,716,746
70$19,184,775$15,733,566$14,818,281$17,774,610
71$21,095,210$16,458,097$15,268,280$18,915,434
72$23,199,046$17,216,669$15,731,893$20,146,665
73$25,515,966$18,010,903$16,209,528$21,476,470
74$28,067,655$18,842,498$16,701,609$22,913,799
75$30,878,013$19,713,238$17,208,569$24,468,473
76$33,973,372$20,624,988$17,730,858$26,151,261
77$37,382,750$21,579,707$18,268,936$27,973,981
78$41,138,124$22,579,446$18,823,279$29,949,604
79$45,274,730$23,626,356$19,394,376$32,092,364
80$49,831,396$24,722,690$19,982,731$34,417,893
81$54,850,909$25,870,813$20,588,862$36,943,351
82$60,380,418$27,073,199$21,213,306$39,687,589
83$66,471,881$28,332,446$21,856,612$42,671,311
84$73,182,552$29,651,276$22,519,348$45,917,263
85$80,575,524$31,032,539$23,202,097$49,450,439
86$88,720,322$32,479,228$23,905,462$53,298,306
87$97,693,561$33,994,476$24,630,061$57,491,051
88$107,579,669$35,581,571$25,376,533$62,061,859
89$118,471,683$37,243,955$26,145,535$67,047,210
90$130,472,127$38,985,242$26,937,743$72,487,215
91$143,693,981$40,809,216$27,753,855$78,425,983
92$158,261,746$42,719,847$28,594,588$84,912,018
93$174,312,619$44,721,294$29,460,681$91,998,671
94$191,997,788$46,817,919$30,352,896$99,744,623
95$211,483,861$49,014,296$31,272,017$108,214,430
96$232,954,436$51,315,217$32,218,850$117,479,109
97$256,611,835$53,725,709$33,194,228$127,616,799
98$282,679,014$56,251,041$34,199,006$138,713,479
99$311,401,668$58,896,736$35,234,067$150,863,761
100$343,050,548$61,668,586$36,300,319$164,171,763