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%17.5%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,012,796
2 years$535,538$525,564$515,897$506,525$497,434$465,653
3 years$353,479$343,462$333,820$324,536$315,593$284,843
4 years$262,467$252,481$242,935$233,810$225,083$195,601
5 years$207,874$197,948$188,528$179,588$171,105$142,970
6 years$171,491$161,639$152,358$143,618$135,389$108,626
7 years$145,513$135,744$126,611$118,076$110,108$84,715
8 years$126,039$116,358$107,376$99,051$91,345$67,307
9 years$110,900$101,311$92,483$84,370$76,926$54,216
10 years$98,796$89,300$80,629$72,728$65,545$44,131
11 years$88,899$79,499$70,984$63,295$56,371$36,215
12 years$80,658$71,354$62,997$55,518$48,850$29,911
13 years$73,689$64,483$56,283$49,014$42,598$24,832
14 years$67,722$58,613$50,571$43,509$37,341$20,702
15 years$62,555$53,544$45,659$38,803$32,878$17,317
16 years$58,038$49,126$41,396$34,744$29,058$14,527
17 years$54,057$45,243$37,669$31,217$25,764$12,214
18 years$50,522$41,807$34,387$28,133$22,909$10,289
19 years$47,362$38,746$31,480$25,420$20,419$8,682
20 years$44,523$36,005$28,890$23,023$18,239$7,335
21 years$41,957$33,537$26,574$20,895$16,321$6,205
22 years$39,627$31,305$24,492$18,998$14,630$5,253
23 years$37,503$29,279$22,614$17,302$13,133$4,451
24 years$35,559$27,433$20,914$15,780$11,804$3,774
25 years$33,774$25,744$19,370$14,412$10,622$3,202
26 years$32,128$24,196$17,965$13,177$9,568$2,718
27 years$30,607$22,771$16,682$12,061$8,626$2,308
28 years$29,197$21,457$15,508$11,051$7,783$1,960
29 years$27,887$20,242$14,432$10,134$7,028$1,665
30 years$26,666$19,117$13,443$9,300$6,350$1,415
31 years$25,526$18,071$12,532$8,542$5,741$1,203
32 years$24,460$17,099$11,693$7,850$5,194$1,023
33 years$23,460$16,193$10,918$7,219$4,700$870
34 years$22,521$15,348$10,201$6,642$4,255$740
35 years$21,638$14,557$9,537$6,114$3,854$629
36 years$20,806$13,817$8,922$5,631$3,492$535
37 years$20,020$13,123$8,350$5,188$3,165$455
38 years$19,278$12,471$7,820$4,782$2,869$387
39 years$18,575$11,859$7,326$4,409$2,602$330
40 years$17,910$11,283$6,867$4,067$2,360$280
41 years$17,278$10,740$6,439$3,752$2,141$239
42 years$16,678$10,229$6,040$3,463$1,943$203
43 years$16,108$9,746$5,668$3,197$1,763$173
44 years$15,565$9,290$5,320$2,952$1,601$147
45 years$15,047$8,859$4,995$2,726$1,453$125
46 years$14,554$8,451$4,692$2,518$1,319$106
47 years$14,083$8,065$4,408$2,326$1,198$91
48 years$13,632$7,699$4,142$2,150$1,088$77
49 years$13,202$7,352$3,893$1,987$988$66
50 years$12,790$7,023$3,660$1,836$898$56

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 $5,614 every year, while hoping to spend $27,971 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: 50/21/29 Blend
66$13,100,000$13,100,000$13,100,000$13,100,000
67$14,441,991$13,747,691$13,544,641$15,045,137
68$15,885,313$14,391,567$13,968,625$16,111,845
69$17,474,917$15,066,055$14,405,876$17,267,417
70$19,225,693$15,772,626$14,856,807$18,522,965
71$21,154,050$16,512,822$15,321,848$19,887,998
72$23,278,072$17,288,259$15,801,438$21,372,968
73$25,617,682$18,100,630$16,296,033$22,989,364
74$28,194,838$18,951,714$16,806,102$24,749,815
75$31,033,734$19,843,371$17,332,130$26,668,209
76$34,161,034$20,777,554$17,874,614$28,759,815
77$37,606,116$21,756,311$18,434,071$31,041,429
78$41,401,357$22,781,788$19,011,030$33,531,520
79$45,582,435$23,856,235$19,606,038$36,250,408
80$50,188,664$24,982,011$20,219,661$39,220,442
81$55,263,368$26,161,590$20,852,480$42,466,216
82$60,854,289$27,397,565$21,505,096$46,014,784
83$67,014,036$28,692,656$22,178,126$49,895,921
84$73,800,585$30,049,713$22,872,211$54,142,389
85$81,277,823$31,471,727$23,588,008$58,790,247
86$89,516,150$32,961,831$24,326,195$63,879,179
87$98,593,148$34,523,311$25,087,474$69,452,866
88$108,594,310$36,159,615$25,872,565$75,559,392
89$119,613,848$37,874,354$26,682,214$82,251,684
90$131,755,580$39,671,317$27,517,188$89,588,014
91$145,133,914$41,554,476$28,378,279$97,632,531
92$159,874,925$43,527,997$29,266,303$106,455,865
93$176,117,546$45,596,248$30,182,103$116,135,783
94$194,014,879$47,763,807$31,126,546$126,757,913
95$213,735,640$50,035,477$32,100,528$138,416,545
96$235,465,752$52,416,292$33,104,973$151,215,507
97$259,410,102$54,911,534$34,140,833$165,269,142
98$285,794,471$57,526,738$35,209,090$180,703,369
99$314,867,669$60,267,710$36,310,756$197,656,865
100$346,903,882$63,140,537$37,446,877$216,282,359