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%16.7%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,031,576
2 years$543,714$533,587$523,774$514,258$505,029$476,039
3 years$358,875$348,705$338,916$329,490$320,411$292,323
4 years$266,474$256,335$246,644$237,379$228,520$201,550
5 years$211,048$200,970$191,406$182,330$173,717$147,940
6 years$174,109$164,107$154,685$145,811$137,456$112,895
7 years$147,735$137,817$128,544$119,879$111,789$88,446
8 years$127,963$118,135$109,015$100,564$92,740$70,602
9 years$112,593$102,857$93,895$85,658$78,100$57,147
10 years$100,304$90,664$81,860$73,838$66,545$46,750
11 years$90,256$80,713$72,068$64,261$57,231$38,562
12 years$81,889$72,443$63,958$56,366$49,595$32,018
13 years$74,814$65,468$57,143$49,762$43,248$26,726
14 years$68,756$59,508$51,343$44,173$37,911$22,404
15 years$63,510$54,362$46,356$39,395$33,380$18,847
16 years$58,924$49,876$42,028$35,274$29,501$15,901
17 years$54,882$45,934$38,244$31,693$26,158$13,448
18 years$51,293$42,445$34,912$28,562$23,258$11,396
19 years$48,086$39,338$31,960$25,808$20,731$9,674
20 years$45,202$36,554$29,331$23,374$18,517$8,223
21 years$42,597$34,049$26,979$21,214$16,571$6,999
22 years$40,232$31,783$24,866$19,288$14,853$5,963
23 years$38,076$29,726$22,959$17,566$13,333$5,084
24 years$36,102$27,852$21,233$16,021$11,984$4,338
25 years$34,289$26,137$19,666$14,632$10,784$3,704
26 years$32,619$24,565$18,239$13,378$9,714$3,164
27 years$31,074$23,119$16,937$12,246$8,758$2,704
28 years$29,643$21,784$15,745$11,220$7,902$2,312
29 years$28,312$20,551$14,652$10,289$7,136$1,978
30 years$27,073$19,408$13,648$9,442$6,447$1,692
31 years$25,916$18,347$12,723$8,672$5,829$1,448
32 years$24,833$17,360$11,871$7,970$5,273$1,239
33 years$23,818$16,441$11,084$7,329$4,772$1,061
34 years$22,865$15,582$10,356$6,743$4,320$908
35 years$21,968$14,779$9,683$6,208$3,913$777
36 years$21,123$14,028$9,058$5,717$3,546$666
37 years$20,326$13,323$8,478$5,267$3,213$570
38 years$19,572$12,662$7,939$4,855$2,913$488
39 years$18,859$12,040$7,438$4,477$2,642$418
40 years$18,183$11,455$6,972$4,129$2,396$358
41 years$17,542$10,904$6,537$3,810$2,174$307
42 years$16,933$10,385$6,132$3,516$1,973$263
43 years$16,354$9,895$5,754$3,245$1,790$225
44 years$15,802$9,432$5,401$2,997$1,625$193
45 years$15,277$8,994$5,072$2,768$1,475$165
46 years$14,776$8,580$4,764$2,556$1,339$142
47 years$14,298$8,188$4,475$2,362$1,216$121
48 years$13,841$7,816$4,205$2,182$1,105$104
49 years$13,404$7,464$3,953$2,017$1,003$89
50 years$12,985$7,130$3,716$1,864$911$76

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 $2,435 every year, while hoping to spend $22,244 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: 38/33/29 Blend
66$13,300,000$13,300,000$13,300,000$13,300,000
67$14,659,112$13,954,212$13,748,062$15,089,517
68$16,130,674$14,614,301$14,184,954$16,066,887
69$17,751,589$15,305,988$14,635,737$17,120,258
70$19,537,070$16,030,800$15,100,853$18,258,305
71$21,503,875$16,790,334$15,580,756$19,488,738
72$23,670,477$17,586,267$16,075,918$20,820,013
73$26,057,229$18,420,356$16,586,824$22,261,406
74$28,686,558$19,294,446$17,113,974$23,823,099
75$31,583,181$20,210,468$17,657,886$25,516,265
76$34,774,333$21,170,448$18,219,093$27,353,170
77$38,290,027$22,176,513$18,798,145$29,347,284
78$42,163,337$23,230,888$19,395,610$31,513,397
79$46,430,707$24,335,912$20,012,073$33,867,756
80$51,132,300$25,494,033$20,648,139$36,428,208
81$56,312,375$26,707,820$21,304,431$39,214,364
82$62,019,701$27,979,968$21,981,593$42,247,771
83$68,308,024$29,313,299$22,680,290$45,552,112
84$75,236,568$30,710,777$23,401,206$49,153,420
85$82,870,600$32,175,507$24,145,048$53,080,313
86$91,282,039$33,710,745$24,912,545$57,364,253
87$100,550,143$35,319,907$25,704,451$62,039,837
88$110,762,249$37,006,574$26,521,541$67,145,114
89$122,014,604$38,774,501$27,364,618$72,721,926
90$134,413,269$40,627,627$28,234,508$78,816,299
91$148,075,122$42,570,081$29,132,065$85,478,862
92$163,128,964$44,606,194$30,058,168$92,765,316
93$179,716,728$46,740,507$31,013,726$100,736,939
94$197,994,825$48,977,783$31,999,677$109,461,162
95$218,135,618$51,323,015$33,016,987$119,012,180
96$240,329,049$53,781,441$34,066,655$129,471,648
97$264,784,434$56,358,554$35,149,709$140,929,426
98$291,732,436$59,060,112$36,267,214$153,484,422
99$321,427,243$61,892,157$37,420,265$167,245,497
100$354,148,971$64,861,022$38,609,993$182,332,485