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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,066,060
2 years$564,154$553,647$543,464$533,591$524,015$489,692
3 years$372,367$361,815$351,657$341,877$332,457$299,259
4 years$276,492$265,972$255,917$246,303$237,111$205,293
5 years$218,982$208,525$198,602$189,185$180,248$149,896
6 years$180,655$170,277$160,500$151,292$142,624$113,764
7 years$153,289$142,998$133,376$124,386$115,992$88,621
8 years$132,774$122,576$113,113$104,344$96,226$70,327
9 years$116,826$106,724$97,425$88,878$81,036$56,580
10 years$104,075$94,072$84,937$76,614$69,047$45,997
11 years$93,649$83,747$74,777$66,677$59,383$37,698
12 years$84,967$75,167$66,363$58,485$51,460$31,095
13 years$77,627$67,929$59,291$51,633$44,874$25,780
14 years$71,341$61,745$53,273$45,834$39,336$21,462
15 years$65,897$56,405$48,098$40,876$34,635$17,928
16 years$61,139$51,751$43,608$36,600$30,610$15,017
17 years$56,945$47,661$39,682$32,885$27,141$12,608
18 years$53,221$44,041$36,224$29,636$24,133$10,605
19 years$49,893$40,816$33,162$26,779$21,510$8,935
20 years$46,902$37,929$30,434$24,253$19,213$7,538
21 years$44,199$35,329$27,994$22,011$17,194$6,366
22 years$41,745$32,978$25,800$20,013$15,412$5,381
23 years$39,507$30,844$23,822$18,226$13,834$4,552
24 years$37,460$28,899$22,031$16,624$12,435$3,854
25 years$35,579$27,120$20,405$15,182$11,189$3,264
26 years$33,845$25,489$18,925$13,881$10,079$2,766
27 years$32,243$23,988$17,574$12,706$9,087$2,345
28 years$30,757$22,603$16,337$11,641$8,199$1,989
29 years$29,377$21,324$15,203$10,675$7,404$1,687
30 years$28,091$20,138$14,161$9,797$6,690$1,431
31 years$26,890$19,037$13,202$8,998$6,048$1,215
32 years$25,767$18,013$12,318$8,269$5,471$1,031
33 years$24,714$17,059$11,501$7,604$4,951$875
34 years$23,725$16,168$10,746$6,997$4,483$743
35 years$22,794$15,335$10,047$6,441$4,060$631
36 years$21,918$14,555$9,398$5,932$3,679$536
37 years$21,090$13,824$8,797$5,465$3,334$455
38 years$20,308$13,138$8,238$5,038$3,023$386
39 years$19,568$12,493$7,718$4,645$2,741$328
40 years$18,867$11,886$7,234$4,284$2,486$279
41 years$18,201$11,314$6,783$3,953$2,256$237
42 years$17,569$10,775$6,363$3,648$2,047$201
43 years$16,968$10,266$5,971$3,367$1,858$171
44 years$16,396$9,786$5,604$3,109$1,686$145
45 years$15,851$9,332$5,262$2,872$1,531$123
46 years$15,331$8,902$4,943$2,652$1,390$105
47 years$14,835$8,496$4,643$2,451$1,262$89
48 years$14,361$8,110$4,364$2,264$1,146$76
49 years$13,908$7,745$4,101$2,093$1,041$64
50 years$13,474$7,398$3,856$1,934$945$55

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 $5,444 every year, while hoping to spend $53,231 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: 25/50/25 Blend
66$13,800,000$13,800,000$13,800,000$13,800,000
67$15,213,215$14,481,815$14,267,915$15,473,098
68$16,708,326$15,134,787$14,689,253$16,339,982
69$18,354,154$15,817,970$15,122,922$17,263,890
70$20,166,016$16,532,789$15,569,278$18,253,415
71$22,160,790$17,280,736$16,028,689$19,314,084
72$24,357,072$18,063,374$16,501,532$20,451,939
73$26,775,356$18,882,341$16,988,195$21,673,584
74$29,438,221$19,739,355$17,489,079$22,986,245
75$32,370,549$20,636,213$18,004,593$24,397,825
76$35,599,759$21,574,801$18,535,160$25,916,976
77$39,156,061$22,557,093$19,081,215$27,553,170
78$43,072,748$23,585,159$19,643,204$29,316,779
79$47,386,503$24,661,167$20,221,587$31,219,167
80$52,137,753$25,787,391$20,816,836$33,272,784
81$57,371,041$26,966,211$21,429,438$35,491,278
82$63,135,455$28,200,122$22,059,892$37,889,610
83$69,485,085$29,491,742$22,708,711$40,484,187
84$76,479,536$30,843,810$23,376,426$43,293,005
85$84,184,491$32,259,199$24,063,578$46,335,806
86$92,672,329$33,740,919$24,770,728$49,634,253
87$102,022,808$35,292,126$25,498,449$53,212,125
88$112,323,820$36,916,126$26,247,333$57,095,523
89$123,672,218$38,616,384$27,017,986$61,313,103
90$136,174,730$40,396,533$27,811,035$65,896,337
91$149,948,970$42,260,380$28,627,122$70,879,790
92$165,124,540$44,211,914$29,466,906$76,301,431
93$181,844,263$46,255,318$30,331,067$82,202,977
94$200,265,525$48,394,975$31,220,304$88,630,268
95$220,561,759$50,635,479$32,135,335$95,633,679
96$242,924,087$52,981,646$33,076,897$103,268,582
97$267,563,120$55,438,524$34,045,751$111,595,844
98$294,710,950$58,011,403$35,042,675$120,682,382
99$324,623,335$60,705,830$36,068,472$130,601,775
100$357,582,117$63,527,617$37,123,968$141,434,933