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%20%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,041,044
2 years$555,978$545,623$535,588$525,858$516,421$473,202
3 years$366,970$356,571$346,561$336,922$327,638$286,001
4 years$272,485$262,117$252,208$242,734$233,674$193,935
5 years$215,808$205,503$195,723$186,443$177,636$139,895
6 years$178,036$167,809$158,174$149,100$140,557$104,839
7 years$151,067$140,926$131,443$122,583$114,310$80,602
8 years$130,849$120,799$111,474$102,832$94,832$63,097
9 years$115,133$105,177$96,013$87,590$79,862$50,053
10 years$102,567$92,709$83,706$75,503$68,046$40,104
11 years$92,292$82,533$73,693$65,711$58,522$32,380
12 years$83,736$74,077$65,401$57,637$50,714$26,302
13 years$76,502$66,944$58,431$50,885$44,224$21,466
14 years$70,307$60,850$52,501$45,170$38,766$17,586
15 years$64,942$55,588$47,401$40,284$34,133$14,452
16 years$60,253$51,001$42,976$36,070$30,167$11,906
17 years$56,120$46,970$39,107$32,408$26,748$9,828
18 years$52,450$43,402$35,699$29,206$23,783$8,126
19 years$49,170$40,225$32,681$26,390$21,198$6,728
20 years$46,222$37,379$29,993$23,902$18,935$5,576
21 years$43,558$34,817$27,588$21,692$16,944$4,626
22 years$41,140$32,500$25,426$19,723$15,188$3,841
23 years$38,935$30,397$23,477$17,962$13,634$3,191
24 years$36,917$28,480$21,712$16,383$12,254$2,652
25 years$35,063$26,727$20,110$14,962$11,027$2,206
26 years$33,354$25,119$18,651$13,680$9,933$1,835
27 years$31,775$23,640$17,319$12,522$8,955$1,527
28 years$30,311$22,276$16,100$11,473$8,080$1,271
29 years$28,951$21,015$14,983$10,521$7,296$1,058
30 years$27,684$19,846$13,956$9,655$6,593$881
31 years$26,500$18,761$13,010$8,868$5,961$734
32 years$25,393$17,752$12,139$8,150$5,392$611
33 years$24,356$16,811$11,334$7,494$4,880$509
34 years$23,381$15,933$10,590$6,895$4,418$424
35 years$22,464$15,113$9,901$6,348$4,001$353
36 years$21,600$14,344$9,262$5,846$3,625$294
37 years$20,785$13,624$8,669$5,386$3,286$245
38 years$20,014$12,947$8,118$4,965$2,979$204
39 years$19,284$12,311$7,606$4,578$2,701$170
40 years$18,593$11,713$7,129$4,222$2,450$142
41 years$17,938$11,150$6,685$3,896$2,223$118
42 years$17,315$10,619$6,271$3,595$2,017$98
43 years$16,723$10,118$5,884$3,319$1,831$82
44 years$16,159$9,644$5,523$3,064$1,662$68
45 years$15,622$9,197$5,186$2,830$1,509$57
46 years$15,109$8,773$4,871$2,614$1,370$47
47 years$14,620$8,372$4,576$2,415$1,244$40
48 years$14,153$7,993$4,300$2,232$1,129$33
49 years$13,706$7,632$4,042$2,062$1,026$27
50 years$13,278$7,291$3,800$1,906$932$23

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 $4,802 every year, while hoping to spend $41,661 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: 55/20/25 Blend
66$13,600,000$13,600,000$13,600,000$13,600,000
67$14,992,153$14,271,353$14,060,553$15,713,402
68$16,477,026$14,926,323$14,487,255$16,864,705
69$18,111,959$15,611,989$14,926,855$18,113,176
70$19,912,216$16,329,813$15,379,741$19,472,032
71$21,894,612$17,081,325$15,846,313$20,951,891
72$24,077,681$17,868,128$16,326,983$22,564,427
73$26,481,842$18,691,904$16,822,174$24,322,480
74$29,129,597$19,554,414$17,332,324$26,240,170
75$32,045,741$20,457,506$17,857,882$28,333,029
76$35,257,597$21,403,114$18,399,311$30,618,145
77$38,795,273$22,393,267$18,957,089$33,114,313
78$42,691,946$23,430,092$19,531,707$35,842,216
79$46,984,175$24,515,818$20,123,670$38,824,611
80$51,712,248$25,652,780$20,733,500$42,086,542
81$56,920,559$26,843,427$21,361,733$45,655,567
82$62,658,027$28,090,327$22,008,923$49,562,019
83$68,978,562$29,396,168$22,675,638$53,839,283
84$75,941,568$30,763,773$23,362,464$58,524,108
85$83,612,507$32,196,097$24,070,006$63,656,947
86$92,063,516$33,696,239$24,798,884$69,282,334
87$101,374,088$35,267,448$25,549,740$75,449,294
88$111,631,821$36,913,130$26,323,232$82,211,808
89$122,933,246$38,636,853$27,120,041$89,629,308
90$135,384,739$40,442,360$27,940,864$97,767,232
91$149,103,522$42,333,575$28,786,422$106,697,639
92$164,218,771$44,314,610$29,657,457$116,499,878
93$180,872,836$46,389,776$30,554,732$127,261,328
94$199,222,583$48,563,594$31,479,034$139,078,219
95$219,440,878$50,840,801$32,431,173$152,056,527
96$241,718,213$53,226,366$33,411,982$166,312,967
97$266,264,508$55,725,495$34,422,321$181,976,088
98$293,311,094$58,343,650$35,463,075$199,187,472
99$323,112,890$61,086,554$36,535,153$218,103,063
100$355,950,818$63,960,208$37,639,493$238,894,629