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%12.5%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,088,939
2 years$564,154$553,647$543,464$533,591$524,015$512,442
3 years$372,367$361,815$351,657$341,877$332,457$321,162
4 years$276,492$265,972$255,917$246,303$237,111$226,181
5 years$218,982$208,525$198,602$189,185$180,248$169,716
6 years$180,655$170,277$160,500$151,292$142,624$132,502
7 years$153,289$142,998$133,376$124,386$115,992$106,284
8 years$132,774$122,576$113,113$104,344$96,226$86,932
9 years$116,826$106,724$97,425$88,878$81,036$72,153
10 years$104,075$94,072$84,937$76,614$69,047$60,569
11 years$93,649$83,747$74,777$66,677$59,383$51,302
12 years$84,967$75,167$66,363$58,485$51,460$43,769
13 years$77,627$67,929$59,291$51,633$44,874$37,564
14 years$71,341$61,745$53,273$45,834$39,336$32,397
15 years$65,897$56,405$48,098$40,876$34,635$28,055
16 years$61,139$51,751$43,608$36,600$30,610$24,380
17 years$56,945$47,661$39,682$32,885$27,141$21,248
18 years$53,221$44,041$36,224$29,636$24,133$18,565
19 years$49,893$40,816$33,162$26,779$21,510$16,256
20 years$46,902$37,929$30,434$24,253$19,213$14,260
21 years$44,199$35,329$27,994$22,011$17,194$12,530
22 years$41,745$32,978$25,800$20,013$15,412$11,025
23 years$39,507$30,844$23,822$18,226$13,834$9,713
24 years$37,460$28,899$22,031$16,624$12,435$8,566
25 years$35,579$27,120$20,405$15,182$11,189$7,561
26 years$33,845$25,489$18,925$13,881$10,079$6,680
27 years$32,243$23,988$17,574$12,706$9,087$5,905
28 years$30,757$22,603$16,337$11,641$8,199$5,224
29 years$29,377$21,324$15,203$10,675$7,404$4,624
30 years$28,091$20,138$14,161$9,797$6,690$4,095
31 years$26,890$19,037$13,202$8,998$6,048$3,628
32 years$25,767$18,013$12,318$8,269$5,471$3,215
33 years$24,714$17,059$11,501$7,604$4,951$2,850
34 years$23,725$16,168$10,746$6,997$4,483$2,528
35 years$22,794$15,335$10,047$6,441$4,060$2,242
36 years$21,918$14,555$9,398$5,932$3,679$1,989
37 years$21,090$13,824$8,797$5,465$3,334$1,765
38 years$20,308$13,138$8,238$5,038$3,023$1,567
39 years$19,568$12,493$7,718$4,645$2,741$1,391
40 years$18,867$11,886$7,234$4,284$2,486$1,235
41 years$18,201$11,314$6,783$3,953$2,256$1,097
42 years$17,569$10,775$6,363$3,648$2,047$974
43 years$16,968$10,266$5,971$3,367$1,858$865
44 years$16,396$9,786$5,604$3,109$1,686$769
45 years$15,851$9,332$5,262$2,872$1,531$683
46 years$15,331$8,902$4,943$2,652$1,390$606
47 years$14,835$8,496$4,643$2,451$1,262$539
48 years$14,361$8,110$4,364$2,264$1,146$479
49 years$13,908$7,745$4,101$2,093$1,041$425
50 years$13,474$7,398$3,856$1,934$945$378

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 $4,571 every year, while hoping to spend $31,919 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: 53/26/21 Blend
66$13,800,000$13,800,000$13,800,000$13,800,000
67$15,212,315$14,480,915$14,267,015$15,930,523
68$16,730,010$15,156,518$14,710,998$17,100,427
69$18,401,439$15,864,156$15,168,786$18,369,078
70$20,242,251$16,605,365$15,640,805$19,748,907
71$22,269,688$17,381,755$16,127,499$21,250,517
72$24,502,749$18,195,014$16,629,323$22,885,567
73$26,962,371$19,046,911$17,146,747$24,666,869
74$29,671,625$19,939,302$17,680,255$26,608,509
75$32,655,935$20,874,132$18,230,348$28,725,975
76$35,943,315$21,853,439$18,797,539$31,036,297
77$39,564,636$22,879,361$19,382,360$33,558,204
78$43,553,919$23,954,139$19,985,359$36,312,295
79$47,948,649$25,080,123$20,607,099$39,321,230
80$52,790,137$26,259,775$21,248,163$42,609,932
81$58,123,905$27,495,678$21,909,150$46,205,824
82$64,000,116$28,790,539$22,590,679$50,139,078
83$70,474,049$30,147,196$23,293,388$54,442,893
84$77,606,620$31,568,627$24,017,935$59,153,801
85$85,464,956$33,057,950$24,764,996$64,312,007
86$94,123,030$34,618,438$25,535,272$69,961,759
87$103,662,357$36,253,520$26,329,482$76,151,761
88$114,172,768$37,966,793$27,148,370$82,935,619
89$125,753,251$39,762,026$27,992,701$90,372,344
90$138,512,892$41,643,175$28,863,266$98,526,899
91$152,571,899$43,614,383$29,760,878$107,470,800
92$168,062,742$45,679,997$30,686,376$117,282,784
93$185,131,399$47,844,574$31,640,627$128,049,543
94$203,938,737$50,112,893$32,624,523$139,866,529
95$224,662,026$52,489,963$33,638,983$152,838,845
96$247,496,620$54,981,038$34,684,956$167,082,229
97$272,657,793$57,591,626$35,763,419$182,724,128
98$300,382,775$60,327,504$36,875,382$199,904,894
99$330,932,994$63,194,727$38,021,882$218,779,091
100$364,596,536$66,199,645$39,203,992$239,516,948