Can I retire at age 67 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,045,077
2 years$539,626$529,576$519,835$510,392$501,232$493,659
3 years$356,177$346,083$336,368$327,013$318,002$310,601
4 years$264,470$254,408$244,790$235,594$226,802$219,630
5 years$209,461$199,459$189,967$180,959$172,411$165,489
6 years$172,800$162,873$153,521$144,714$136,423$129,760
7 years$146,624$136,781$127,577$118,978$110,948$104,547
8 years$127,001$117,246$108,195$99,807$92,042$85,903
9 years$111,746$102,084$93,189$85,014$77,513$71,633
10 years$99,550$89,982$81,244$73,283$66,045$60,422
11 years$89,578$80,106$71,526$63,778$56,801$51,431
12 years$81,273$71,899$63,477$55,942$49,222$44,101
13 years$74,252$64,975$56,713$49,388$42,923$38,045
14 years$68,239$59,061$50,957$43,841$37,626$32,985
15 years$63,032$53,953$46,007$39,099$33,129$28,718
16 years$58,481$49,501$41,712$35,009$29,279$25,093
17 years$54,469$45,589$37,956$31,455$25,961$21,992
18 years$50,907$42,126$34,649$28,347$23,083$19,324
19 years$47,724$39,042$31,720$25,614$20,575$17,018
20 years$44,863$36,280$29,111$23,199$18,378$15,017
21 years$42,277$33,793$26,776$21,054$16,446$13,273
22 years$39,930$31,544$24,679$19,143$14,742$11,749
23 years$37,790$29,503$22,786$17,434$13,233$10,414
24 years$35,831$27,642$21,073$15,901$11,894$9,241
25 years$34,032$25,941$19,518$14,522$10,703$8,208
26 years$32,373$24,380$18,102$13,278$9,641$7,297
27 years$30,841$22,945$16,809$12,153$8,692$6,492
28 years$29,420$21,621$15,627$11,135$7,843$5,780
29 years$28,100$20,397$14,542$10,211$7,082$5,149
30 years$26,869$19,262$13,545$9,371$6,399$4,589
31 years$25,721$18,209$12,628$8,607$5,785$4,092
32 years$24,647$17,230$11,782$7,910$5,233$3,651
33 years$23,639$16,317$11,001$7,274$4,736$3,258
34 years$22,693$15,465$10,279$6,693$4,288$2,909
35 years$21,803$14,668$9,610$6,161$3,884$2,598
36 years$20,965$13,922$8,990$5,674$3,519$2,321
37 years$20,173$13,223$8,414$5,228$3,189$2,073
38 years$19,425$12,566$7,880$4,819$2,891$1,853
39 years$18,717$11,949$7,382$4,443$2,622$1,656
40 years$18,046$11,369$6,919$4,098$2,378$1,481
41 years$17,410$10,822$6,488$3,781$2,158$1,324
42 years$16,806$10,307$6,086$3,489$1,958$1,184
43 years$16,231$9,820$5,711$3,221$1,777$1,059
44 years$15,683$9,361$5,361$2,974$1,613$947
45 years$15,162$8,926$5,034$2,747$1,464$847
46 years$14,665$8,515$4,728$2,537$1,329$758
47 years$14,190$8,126$4,442$2,344$1,207$678
48 years$13,737$7,757$4,174$2,166$1,096$607
49 years$13,303$7,408$3,923$2,002$996$543
50 years$12,888$7,076$3,688$1,850$904$486

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,200,000, adding $5,309 every year, while hoping to spend $57,581 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: 85/6/9 Blend
66$13,200,000$13,200,000$13,200,000$13,200,000
67$14,551,876$13,852,276$13,647,676$15,771,536
68$15,974,902$14,469,772$14,043,608$17,186,361
69$17,541,146$15,115,595$14,450,873$18,732,171
70$19,265,157$15,791,073$14,869,791$20,428,716
71$21,162,963$16,497,596$15,300,689$22,291,130
72$23,252,228$17,236,621$15,743,905$24,336,080
73$25,552,413$18,009,673$16,199,783$26,581,925
74$28,084,963$18,818,350$16,668,680$29,048,886
75$30,873,508$19,664,329$17,150,960$31,759,238
76$33,944,088$20,549,363$17,646,999$34,737,515
77$37,325,393$21,475,290$18,157,181$38,010,745
78$41,049,040$22,444,036$18,681,904$41,608,701
79$45,149,867$23,457,619$19,221,573$45,564,183
80$49,666,265$24,518,153$19,776,607$49,913,320
81$54,640,535$25,627,854$20,347,434$54,695,918
82$60,119,292$26,789,041$20,934,496$59,955,828
83$66,153,903$28,004,148$21,538,245$65,741,361
84$72,800,972$29,275,722$22,159,146$72,105,741
85$80,122,872$30,606,433$22,797,678$79,107,606
86$88,188,336$31,999,079$23,454,332$86,811,561
87$97,073,104$33,456,592$24,129,610$95,288,783
88$106,860,640$34,982,044$24,824,031$104,617,694
89$117,642,916$36,578,655$25,538,127$114,884,697
90$129,521,283$38,249,799$26,272,444$126,184,990
91$142,607,425$39,999,010$27,027,542$138,623,464
92$157,024,415$41,829,995$27,803,998$152,315,688
93$172,907,876$43,746,635$28,602,402$167,388,999
94$190,407,259$45,753,000$29,423,362$183,983,702
95$209,687,257$47,853,354$30,267,502$202,254,390
96$230,929,356$50,052,167$31,135,462$222,371,404
97$254,333,551$52,354,123$32,027,900$244,522,434
98$280,120,229$54,764,131$32,945,491$268,914,291
99$308,532,255$57,287,336$33,888,927$295,774,853
100$339,837,260$59,929,131$34,858,922$325,355,218