Can I retire at age 67 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,100,038
2 years$568,242$557,659$547,403$537,458$527,812$519,376
3 years$375,065$364,436$354,206$344,355$334,866$326,622
4 years$278,495$267,899$257,771$248,088$238,829$230,841
5 years$220,569$210,036$200,041$190,555$181,554$173,846
6 years$181,964$171,510$161,663$152,389$143,658$136,239
7 years$154,399$144,034$134,343$125,287$116,832$109,707
8 years$133,736$123,464$113,933$105,100$96,923$90,091
9 years$117,672$107,498$98,131$89,522$81,624$75,082
10 years$104,829$94,754$85,552$77,169$69,547$63,294
11 years$94,328$84,354$75,319$67,160$59,813$53,842
12 years$85,583$75,711$66,844$58,908$51,833$46,139
13 years$78,190$68,421$59,720$52,007$45,199$39,777
14 years$71,858$62,193$53,659$46,166$39,621$34,464
15 years$66,375$56,814$48,447$41,172$34,886$29,986
16 years$61,582$52,126$43,924$36,865$30,832$26,183
17 years$57,358$48,006$39,969$33,123$27,338$22,931
18 years$53,607$44,360$36,487$29,851$24,308$20,136
19 years$50,255$41,112$33,402$26,973$21,666$17,720
20 years$47,242$38,203$30,655$24,429$19,352$15,625
21 years$44,519$35,585$28,196$22,171$17,318$13,800
22 years$42,047$33,217$25,987$20,158$15,523$12,207
23 years$39,794$31,067$23,995$18,359$13,935$10,811
24 years$37,731$29,108$22,191$16,744$12,525$9,586
25 years$35,836$27,317$20,553$15,292$11,270$8,508
26 years$34,090$25,673$19,062$13,982$10,152$7,558
27 years$32,476$24,161$17,701$12,798$9,153$6,719
28 years$30,980$22,767$16,455$11,726$8,259$5,977
29 years$29,590$21,478$15,313$10,753$7,457$5,320
30 years$28,294$20,284$14,264$9,868$6,738$4,738
31 years$27,085$19,175$13,297$9,063$6,092$4,222
32 years$25,954$18,144$12,407$8,329$5,511$3,763
33 years$24,893$17,182$11,584$7,660$4,987$3,356
34 years$23,897$16,285$10,824$7,047$4,515$2,993
35 years$22,960$15,446$10,119$6,488$4,090$2,671
36 years$22,076$14,660$9,466$5,975$3,705$2,384
37 years$21,243$13,924$8,860$5,505$3,358$2,128
38 years$20,455$13,233$8,297$5,074$3,045$1,900
39 years$19,710$12,583$7,774$4,679$2,761$1,697
40 years$19,003$11,972$7,286$4,315$2,504$1,516
41 years$18,333$11,396$6,832$3,981$2,272$1,354
42 years$17,697$10,853$6,409$3,674$2,062$1,210
43 years$17,091$10,341$6,014$3,392$1,871$1,081
44 years$16,515$9,857$5,645$3,132$1,698$966
45 years$15,966$9,400$5,301$2,892$1,542$864
46 years$15,442$8,967$4,978$2,672$1,400$772
47 years$14,943$8,557$4,677$2,468$1,271$690
48 years$14,465$8,169$4,395$2,281$1,154$617
49 years$14,008$7,801$4,131$2,108$1,048$551
50 years$13,571$7,452$3,884$1,948$952$493

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,900,000, adding $2,439 every year, while hoping to spend $46,534 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: 60/12/28 Blend
66$13,900,000$13,900,000$13,900,000$13,900,000
67$15,320,316$14,583,616$14,368,166$16,123,246
68$16,833,476$15,248,701$14,799,988$17,336,407
69$18,499,419$15,944,816$15,244,716$18,654,370
70$20,333,680$16,673,432$15,702,734$20,091,566
71$22,353,376$17,436,090$16,174,435$21,659,620
72$24,577,369$18,234,408$16,660,228$23,371,326
73$27,026,443$19,070,077$17,160,528$25,240,760
74$29,723,502$19,944,872$17,675,768$27,283,414
75$32,693,783$20,860,654$18,206,389$29,516,337
76$35,965,094$21,819,372$18,752,849$31,958,294
77$39,568,081$22,823,068$19,315,616$34,629,940
78$43,536,510$23,873,883$19,895,174$37,554,012
79$47,907,592$24,974,061$20,492,020$40,755,540
80$52,722,330$26,125,955$21,106,668$44,262,080
81$58,025,910$27,332,028$21,739,643$48,103,971
82$63,868,120$28,594,865$22,391,488$52,314,615
83$70,303,828$29,917,173$23,062,763$56,930,795
84$77,393,495$31,301,791$23,754,042$61,993,011
85$85,203,746$32,751,693$24,465,917$67,545,861
86$93,808,001$34,269,999$25,198,997$73,638,459
87$103,287,163$35,859,975$25,953,911$80,324,893
88$113,730,389$37,525,049$26,731,302$87,664,730
89$125,235,924$39,268,812$27,531,836$95,723,575
90$137,912,032$41,095,027$28,356,196$104,573,684
91$151,878,018$43,007,642$29,205,087$114,294,641
92$167,265,351$45,010,792$30,079,232$124,974,106
93$184,218,909$47,108,813$30,979,379$136,708,633
94$202,898,344$49,306,250$31,906,294$149,604,578
95$223,479,587$51,607,869$32,860,767$163,779,097
96$246,156,514$54,018,664$33,843,612$179,361,243
97$271,142,772$56,543,872$34,855,666$196,493,182
98$298,673,793$59,188,980$35,897,790$215,331,522
99$329,009,025$61,959,745$36,970,870$236,048,791
100$362,434,370$64,862,198$38,075,820$258,835,053