Can I retire at age 67 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,105,272
2 years$576,418$565,683$555,279$545,191$535,407$516,241
3 years$380,462$369,680$359,302$349,309$339,684$321,031
4 years$282,503$271,754$261,480$251,658$242,265$224,269
5 years$223,742$213,058$202,919$193,297$184,166$166,878
6 years$184,582$173,978$163,989$154,581$145,725$129,164
7 years$156,621$146,107$136,275$127,090$118,513$102,686
8 years$135,660$125,240$115,572$106,613$98,318$83,220
9 years$119,365$109,044$99,543$90,810$82,798$68,421
10 years$106,337$96,117$86,783$78,279$70,548$56,880
11 years$95,685$85,567$76,403$68,126$60,674$47,700
12 years$86,815$76,801$67,805$59,756$52,579$40,281
13 years$79,315$69,405$60,580$52,756$45,849$34,211
14 years$72,892$63,088$54,431$46,831$40,191$29,191
15 years$67,330$57,632$49,144$41,765$35,388$25,005
16 years$62,468$52,876$44,556$37,396$31,276$21,489
17 years$58,183$48,697$40,544$33,600$27,731$18,518
18 years$54,378$44,998$37,012$30,280$24,657$15,995
19 years$50,978$41,704$33,883$27,361$21,978$13,843
20 years$47,921$38,753$31,096$24,780$19,631$12,000
21 years$45,160$36,097$28,602$22,490$17,567$10,418
22 years$42,652$33,695$26,361$20,448$15,747$9,056
23 years$40,366$31,514$24,340$18,623$14,135$7,880
24 years$38,274$29,527$22,510$16,985$12,705$6,864
25 years$36,352$27,710$20,849$15,512$11,433$5,983
26 years$34,581$26,043$19,336$14,183$10,298$5,219
27 years$32,943$24,509$17,956$12,982$9,285$4,555
28 years$31,426$23,095$16,692$11,894$8,378$3,978
29 years$30,015$21,787$15,533$10,907$7,565$3,475
30 years$28,702$20,576$14,469$10,010$6,835$3,037
31 years$27,475$19,451$13,489$9,194$6,180$2,656
32 years$26,327$18,405$12,585$8,449$5,590$2,323
33 years$25,251$17,429$11,751$7,770$5,059$2,032
34 years$24,241$16,519$10,979$7,149$4,580$1,778
35 years$23,290$15,668$10,265$6,581$4,149$1,556
36 years$22,394$14,871$9,603$6,061$3,759$1,362
37 years$21,549$14,124$8,988$5,584$3,407$1,192
38 years$20,750$13,423$8,417$5,147$3,089$1,044
39 years$19,993$12,764$7,886$4,746$2,801$914
40 years$19,277$12,144$7,391$4,377$2,540$801
41 years$18,597$11,560$6,931$4,039$2,305$701
42 years$17,951$11,009$6,501$3,727$2,091$614
43 years$17,337$10,490$6,100$3,441$1,898$538
44 years$16,753$9,999$5,726$3,177$1,723$471
45 years$16,196$9,535$5,377$2,934$1,564$413
46 years$15,665$9,096$5,050$2,710$1,420$362
47 years$15,158$8,680$4,744$2,504$1,289$317
48 years$14,673$8,286$4,458$2,314$1,171$278
49 years$14,210$7,913$4,191$2,138$1,064$243
50 years$13,767$7,559$3,940$1,976$966$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $14,100,000, adding $5,539 every year, while hoping to spend $52,081 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: 47/43/10 Blend
66$14,100,000$14,100,000$14,100,000$14,100,000
67$15,543,913$14,796,613$14,578,063$16,231,352
68$17,073,979$15,466,234$15,011,015$17,375,049
69$18,758,365$16,166,920$15,456,725$18,609,709
70$20,612,759$16,900,139$15,915,565$19,948,458
71$22,654,443$17,667,429$16,387,919$21,400,982
72$24,902,464$18,470,400$16,874,182$22,977,911
73$27,377,806$19,310,741$17,374,758$24,690,920
74$30,103,595$20,190,220$17,890,065$26,552,827
75$33,105,312$21,110,691$18,420,533$28,577,709
76$36,411,035$22,074,096$18,966,602$30,781,031
77$40,051,705$23,082,471$19,528,727$33,179,785
78$44,061,416$24,137,949$20,107,377$35,792,640
79$48,477,737$25,242,765$20,703,030$38,640,111
80$53,342,068$26,399,262$21,316,183$41,744,751
81$58,700,027$27,609,895$21,947,344$45,131,346
82$64,601,887$28,877,236$22,597,037$48,827,150
83$71,103,041$30,203,983$23,265,799$52,862,125
84$78,264,533$31,592,960$23,954,186$57,269,220
85$86,153,631$33,047,131$24,662,767$62,084,671
86$94,844,459$34,569,598$25,392,127$67,348,332
87$104,418,702$36,163,616$26,142,871$73,104,038
88$114,966,370$37,832,594$26,915,618$79,400,015
89$126,586,655$39,580,106$27,711,006$86,289,314
90$139,388,861$41,409,898$28,529,692$93,830,306
91$153,493,438$43,325,897$29,372,350$102,087,219
92$169,033,120$45,332,217$30,239,676$111,130,729
93$186,154,176$47,433,173$31,132,382$121,038,613
94$205,017,788$49,633,285$32,051,203$131,896,472
95$225,801,580$51,937,294$32,996,896$143,798,518
96$248,701,286$54,350,166$33,970,237$156,848,453
97$273,932,602$56,877,108$34,972,024$171,160,424
98$301,733,221$59,523,581$36,003,081$186,860,092
99$332,365,078$62,295,304$37,064,252$204,085,789
100$366,116,819$65,198,277$38,156,408$222,989,814