Can I retire at age 67 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,047,673
2 years$555,978$545,623$535,588$525,858$516,421$479,704
3 years$366,970$356,571$346,561$336,922$327,638$292,168
4 years$272,485$262,117$252,208$242,734$233,674$199,722
5 years$215,808$205,503$195,723$186,443$177,636$145,291
6 years$178,036$167,809$158,174$149,100$140,557$109,846
7 years$151,067$140,926$131,443$122,583$114,310$85,228
8 years$130,849$120,799$111,474$102,832$94,832$67,355
9 years$115,133$105,177$96,013$87,590$79,862$53,958
10 years$102,567$92,709$83,706$75,503$68,046$43,673
11 years$92,292$82,533$73,693$65,711$58,522$35,631
12 years$83,736$74,077$65,401$57,637$50,714$29,254
13 years$76,502$66,944$58,431$50,885$44,224$24,138
14 years$70,307$60,850$52,501$45,170$38,766$19,998
15 years$64,942$55,588$47,401$40,284$34,133$16,622
16 years$60,253$51,001$42,976$36,070$30,167$13,853
17 years$56,120$46,970$39,107$32,408$26,748$11,571
18 years$52,450$43,402$35,699$29,206$23,783$9,683
19 years$49,170$40,225$32,681$26,390$21,198$8,115
20 years$46,222$37,379$29,993$23,902$18,935$6,809
21 years$43,558$34,817$27,588$21,692$16,944$5,719
22 years$41,140$32,500$25,426$19,723$15,188$4,808
23 years$38,935$30,397$23,477$17,962$13,634$4,046
24 years$36,917$28,480$21,712$16,383$12,254$3,406
25 years$35,063$26,727$20,110$14,962$11,027$2,869
26 years$33,354$25,119$18,651$13,680$9,933$2,417
27 years$31,775$23,640$17,319$12,522$8,955$2,038
28 years$30,311$22,276$16,100$11,473$8,080$1,718
29 years$28,951$21,015$14,983$10,521$7,296$1,449
30 years$27,684$19,846$13,956$9,655$6,593$1,222
31 years$26,500$18,761$13,010$8,868$5,961$1,031
32 years$25,393$17,752$12,139$8,150$5,392$870
33 years$24,356$16,811$11,334$7,494$4,880$735
34 years$23,381$15,933$10,590$6,895$4,418$620
35 years$22,464$15,113$9,901$6,348$4,001$523
36 years$21,600$14,344$9,262$5,846$3,625$442
37 years$20,785$13,624$8,669$5,386$3,286$373
38 years$20,014$12,947$8,118$4,965$2,979$315
39 years$19,284$12,311$7,606$4,578$2,701$266
40 years$18,593$11,713$7,129$4,222$2,450$225
41 years$17,938$11,150$6,685$3,896$2,223$190
42 years$17,315$10,619$6,271$3,595$2,017$160
43 years$16,723$10,118$5,884$3,319$1,831$135
44 years$16,159$9,644$5,523$3,064$1,662$114
45 years$15,622$9,197$5,186$2,830$1,509$96
46 years$15,109$8,773$4,871$2,614$1,370$81
47 years$14,620$8,372$4,576$2,415$1,244$69
48 years$14,153$7,993$4,300$2,232$1,129$58
49 years$13,706$7,632$4,042$2,062$1,026$49
50 years$13,278$7,291$3,800$1,906$932$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,600,000, adding $3,519 every year, while hoping to spend $34,652 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: 55/38/7 Blend
66$13,600,000$13,600,000$13,600,000$13,600,000
67$14,990,830$14,270,030$14,059,230$15,791,097
68$16,483,025$14,932,392$14,493,345$16,994,074
69$18,126,263$15,626,048$14,940,841$18,299,009
70$19,935,913$16,352,496$15,402,130$19,718,879
71$21,928,911$17,113,304$15,877,637$21,264,604
72$24,123,921$17,910,116$16,367,799$22,948,184
73$26,541,507$18,744,658$16,873,066$24,782,803
74$29,204,331$19,618,736$17,393,904$26,782,950
75$32,137,363$20,534,245$17,930,790$28,964,550
76$35,368,122$21,493,171$18,484,220$31,345,109
77$38,926,930$22,497,596$19,054,701$33,943,873
78$42,847,201$23,549,702$19,642,757$36,782,001
79$47,165,756$24,651,778$20,248,930$39,882,762
80$51,923,171$25,806,222$20,873,776$43,271,746
81$57,164,156$27,015,549$21,517,870$46,977,096
82$62,937,984$28,282,395$22,181,802$51,029,769
83$69,298,949$29,609,523$22,866,183$55,463,819
84$76,306,883$30,999,831$23,571,642$60,316,712
85$84,027,719$32,456,357$24,298,826$65,629,666
86$92,534,113$33,982,285$25,048,403$71,448,036
87$101,906,129$35,580,953$25,821,061$77,821,731
88$112,231,997$37,255,863$26,617,510$84,805,673
89$123,608,945$39,010,684$27,438,480$92,460,307
90$136,144,113$40,849,263$28,284,725$100,852,160
91$149,955,571$42,775,636$29,157,021$110,054,458
92$165,173,427$44,794,030$30,056,170$120,147,805
93$181,941,060$46,908,881$30,982,995$131,220,929
94$200,416,469$49,124,837$31,938,346$143,371,508
95$220,773,769$51,446,775$32,923,101$156,707,081
96$243,204,831$53,879,804$33,938,162$171,346,043
97$267,921,093$56,429,284$34,984,460$187,418,751
98$295,155,559$59,100,833$36,062,954$205,068,738
99$325,164,996$61,900,344$37,174,633$224,454,050
100$358,232,358$64,833,993$38,320,516$245,748,722