Can I retire at age 67 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,054,319
2 years$543,714$533,587$523,774$514,258$505,029$498,732
3 years$358,875$348,705$338,916$329,490$320,411$314,253
4 years$266,474$256,335$246,644$237,379$228,520$222,549
5 years$211,048$200,970$191,406$182,330$173,717$167,951
6 years$174,109$164,107$154,685$145,811$137,456$131,902
7 years$147,735$137,817$128,544$119,879$111,789$106,450
8 years$127,963$118,135$109,015$100,564$92,740$87,615
9 years$112,593$102,857$93,895$85,658$78,100$73,190
10 years$100,304$90,664$81,860$73,838$66,545$61,846
11 years$90,256$80,713$72,068$64,261$57,231$52,740
12 years$81,889$72,443$63,958$56,366$49,595$45,308
13 years$74,814$65,468$57,143$49,762$43,248$39,161
14 years$68,756$59,508$51,343$44,173$37,911$34,019
15 years$63,510$54,362$46,356$39,395$33,380$29,678
16 years$58,924$49,876$42,028$35,274$29,501$25,985
17 years$54,882$45,934$38,244$31,693$26,158$22,821
18 years$51,293$42,445$34,912$28,562$23,258$20,095
19 years$48,086$39,338$31,960$25,808$20,731$17,735
20 years$45,202$36,554$29,331$23,374$18,517$15,683
21 years$42,597$34,049$26,979$21,214$16,571$13,893
22 years$40,232$31,783$24,866$19,288$14,853$12,325
23 years$38,076$29,726$22,959$17,566$13,333$10,949
24 years$36,102$27,852$21,233$16,021$11,984$9,738
25 years$34,289$26,137$19,666$14,632$10,784$8,670
26 years$32,619$24,565$18,239$13,378$9,714$7,725
27 years$31,074$23,119$16,937$12,246$8,758$6,889
28 years$29,643$21,784$15,745$11,220$7,902$6,148
29 years$28,312$20,551$14,652$10,289$7,136$5,490
30 years$27,073$19,408$13,648$9,442$6,447$4,906
31 years$25,916$18,347$12,723$8,672$5,829$4,385
32 years$24,833$17,360$11,871$7,970$5,273$3,922
33 years$23,818$16,441$11,084$7,329$4,772$3,509
34 years$22,865$15,582$10,356$6,743$4,320$3,140
35 years$21,968$14,779$9,683$6,208$3,913$2,811
36 years$21,123$14,028$9,058$5,717$3,546$2,518
37 years$20,326$13,323$8,478$5,267$3,213$2,255
38 years$19,572$12,662$7,939$4,855$2,913$2,021
39 years$18,859$12,040$7,438$4,477$2,642$1,811
40 years$18,183$11,455$6,972$4,129$2,396$1,623
41 years$17,542$10,904$6,537$3,810$2,174$1,455
42 years$16,933$10,385$6,132$3,516$1,973$1,304
43 years$16,354$9,895$5,754$3,245$1,790$1,170
44 years$15,802$9,432$5,401$2,997$1,625$1,049
45 years$15,277$8,994$5,072$2,768$1,475$941
46 years$14,776$8,580$4,764$2,556$1,339$844
47 years$14,298$8,188$4,475$2,362$1,216$757
48 years$13,841$7,816$4,205$2,182$1,105$679
49 years$13,404$7,464$3,953$2,017$1,003$609
50 years$12,985$7,130$3,716$1,864$911$546

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,300,000, adding $5,658 every year, while hoping to spend $59,152 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: 66/7/27 Blend
66$13,300,000$13,300,000$13,300,000$13,300,000
67$14,662,436$13,957,536$13,751,386$15,525,975
68$16,095,067$14,578,518$14,149,120$16,730,028
69$17,671,845$15,227,946$14,558,196$18,038,846
70$19,407,408$15,907,150$14,978,931$19,468,597
71$21,317,889$16,617,527$15,411,651$21,031,208
72$23,421,064$17,360,535$15,856,691$22,739,808
73$25,736,518$18,137,707$16,314,396$24,608,851
74$28,285,834$18,950,646$16,785,119$26,654,251
75$31,092,791$19,801,030$17,269,223$28,893,529
76$34,183,595$20,690,620$17,767,081$31,345,976
77$37,587,121$21,621,258$18,279,077$34,032,838
78$41,335,185$22,594,878$18,805,604$36,977,506
79$45,462,848$23,613,501$19,347,066$40,205,744
80$50,008,744$24,679,248$19,903,878$43,745,921
81$55,015,445$25,794,341$20,476,467$47,629,284
82$60,529,863$26,961,106$21,065,271$51,890,245
83$66,603,691$28,181,982$21,670,740$56,566,708
84$73,293,892$29,459,524$22,293,335$61,700,419
85$80,663,238$30,796,409$22,933,530$67,337,362
86$88,780,898$32,195,443$23,591,813$73,528,188
87$97,723,094$33,659,565$24,268,684$80,328,691
88$107,573,821$35,191,855$24,964,656$87,800,330
89$118,425,636$36,795,541$25,680,257$96,010,810
90$130,380,533$38,474,004$26,416,028$105,034,712
91$143,550,907$40,230,791$27,172,525$114,954,199
92$158,060,614$42,069,614$27,950,318$125,859,786
93$174,046,138$43,994,365$28,749,995$137,851,190
94$191,657,880$46,009,125$29,572,156$151,038,270
95$211,061,579$48,118,168$30,417,419$165,542,056
96$232,439,876$50,325,974$31,286,418$181,495,893
97$255,994,034$52,637,238$32,179,804$199,046,692
98$281,945,843$55,056,880$33,098,245$218,356,311
99$310,539,710$57,590,058$34,042,427$239,603,084
100$342,044,966$60,242,176$35,013,054$262,983,494