Can I retire at age 67 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,059,282
2 years$564,154$553,647$543,464$533,591$524,015$483,029
3 years$372,367$361,815$351,657$341,877$332,457$292,923
4 years$276,492$265,972$255,917$246,303$237,111$199,331
5 years$218,982$208,525$198,602$189,185$180,248$144,320
6 years$180,655$170,277$160,500$151,292$142,624$108,573
7 years$153,289$142,998$133,376$124,386$115,992$83,808
8 years$132,774$122,576$113,113$104,344$96,226$65,881
9 years$116,826$106,724$97,425$88,878$81,036$52,486
10 years$104,075$94,072$84,937$76,614$69,047$42,241
11 years$93,649$83,747$74,777$66,677$59,383$34,262
12 years$84,967$75,167$66,363$58,485$51,460$27,961
13 years$77,627$67,929$59,291$51,633$44,874$22,930
14 years$71,341$61,745$53,273$45,834$39,336$18,878
15 years$65,897$56,405$48,098$40,876$34,635$15,591
16 years$61,139$51,751$43,608$36,600$30,610$12,910
17 years$56,945$47,661$39,682$32,885$27,141$10,712
18 years$53,221$44,041$36,224$29,636$24,133$8,903
19 years$49,893$40,816$33,162$26,779$21,510$7,411
20 years$46,902$37,929$30,434$24,253$19,213$6,176
21 years$44,199$35,329$27,994$22,011$17,194$5,151
22 years$41,745$32,978$25,800$20,013$15,412$4,301
23 years$39,507$30,844$23,822$18,226$13,834$3,593
24 years$37,460$28,899$22,031$16,624$12,435$3,003
25 years$35,579$27,120$20,405$15,182$11,189$2,511
26 years$33,845$25,489$18,925$13,881$10,079$2,101
27 years$32,243$23,988$17,574$12,706$9,087$1,758
28 years$30,757$22,603$16,337$11,641$8,199$1,471
29 years$29,377$21,324$15,203$10,675$7,404$1,232
30 years$28,091$20,138$14,161$9,797$6,690$1,032
31 years$26,890$19,037$13,202$8,998$6,048$864
32 years$25,767$18,013$12,318$8,269$5,471$724
33 years$24,714$17,059$11,501$7,604$4,951$606
34 years$23,725$16,168$10,746$6,997$4,483$508
35 years$22,794$15,335$10,047$6,441$4,060$426
36 years$21,918$14,555$9,398$5,932$3,679$357
37 years$21,090$13,824$8,797$5,465$3,334$299
38 years$20,308$13,138$8,238$5,038$3,023$250
39 years$19,568$12,493$7,718$4,645$2,741$210
40 years$18,867$11,886$7,234$4,284$2,486$176
41 years$18,201$11,314$6,783$3,953$2,256$147
42 years$17,569$10,775$6,363$3,648$2,047$124
43 years$16,968$10,266$5,971$3,367$1,858$104
44 years$16,396$9,786$5,604$3,109$1,686$87
45 years$15,851$9,332$5,262$2,872$1,531$73
46 years$15,331$8,902$4,943$2,652$1,390$61
47 years$14,835$8,496$4,643$2,451$1,262$51
48 years$14,361$8,110$4,364$2,264$1,146$43
49 years$13,908$7,745$4,101$2,093$1,041$36
50 years$13,474$7,398$3,856$1,934$945$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,800,000, adding $4,455 every year, while hoping to spend $21,855 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: 49/23/28 Blend
66$13,800,000$13,800,000$13,800,000$13,800,000
67$15,212,195$14,480,795$14,266,895$15,836,292
68$16,740,586$15,167,101$14,721,583$16,960,722
69$18,424,139$15,886,303$15,190,770$18,179,154
70$20,278,660$16,639,990$15,674,919$19,502,557
71$22,321,562$17,429,828$16,174,508$20,940,874
72$24,572,037$18,257,565$16,690,029$22,505,031
73$27,051,231$19,125,032$17,221,991$24,207,037
74$29,782,447$20,034,149$17,770,918$26,060,091
75$32,791,364$20,986,930$18,337,352$28,078,701
76$36,106,282$21,985,488$18,921,851$30,278,819
77$39,758,382$23,032,036$19,524,993$32,677,984
78$43,782,028$24,128,897$20,147,371$35,295,484
79$48,215,087$25,278,506$20,789,600$38,152,532
80$53,099,288$26,483,414$21,452,314$41,272,460
81$58,480,614$27,746,301$22,136,166$44,680,934
82$64,409,740$29,069,972$22,841,830$48,406,188
83$70,942,506$30,457,373$23,570,004$52,479,288
84$78,140,447$31,911,590$24,321,405$56,934,414
85$86,071,375$33,435,861$25,096,774$61,809,179
86$94,810,017$35,033,580$25,896,878$67,144,974
87$104,438,721$36,708,307$26,722,505$72,987,353
88$115,048,231$38,463,775$27,574,470$79,386,453
89$126,738,550$40,303,899$28,453,614$86,397,461
90$139,619,877$42,232,785$29,360,804$94,081,124
91$153,813,649$44,254,736$30,296,936$102,504,314
92$169,453,691$46,374,268$31,262,934$111,740,649
93$186,687,476$48,596,116$32,259,751$121,871,181
94$205,677,517$50,925,243$33,288,370$132,985,146
95$226,602,901$53,366,857$34,349,808$145,180,798
96$249,660,981$55,926,418$35,445,111$158,566,324
97$275,069,241$58,609,652$36,575,362$173,260,855
98$303,067,342$61,422,564$37,741,675$189,395,576
99$333,919,393$64,371,451$38,945,203$207,114,952
100$367,916,436$67,462,918$40,187,133$226,578,079