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

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 $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%19.9%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,079,744
2 years$576,418$565,683$555,279$545,191$535,407$491,016
3 years$380,462$369,680$359,302$349,309$339,684$296,910
4 years$282,503$271,754$261,480$251,658$242,265$201,434
5 years$223,742$213,058$202,919$193,297$184,166$145,381
6 years$184,582$173,978$163,989$154,581$145,725$109,011
7 years$156,621$146,107$136,275$127,090$118,513$83,857
8 years$135,660$125,240$115,572$106,613$98,318$65,684
9 years$119,365$109,044$99,543$90,810$82,798$52,137
10 years$106,337$96,117$86,783$78,279$70,548$41,801
11 years$95,685$85,567$76,403$68,126$60,674$33,772
12 years$86,815$76,801$67,805$59,756$52,579$27,451
13 years$79,315$69,405$60,580$52,756$45,849$22,420
14 years$72,892$63,088$54,431$46,831$40,191$18,380
15 years$67,330$57,632$49,144$41,765$35,388$15,115
16 years$62,468$52,876$44,556$37,396$31,276$12,461
17 years$58,183$48,697$40,544$33,600$27,731$10,294
18 years$54,378$44,998$37,012$30,280$24,657$8,517
19 years$50,978$41,704$33,883$27,361$21,978$7,057
20 years$47,921$38,753$31,096$24,780$19,631$5,854
21 years$45,160$36,097$28,602$22,490$17,567$4,861
22 years$42,652$33,695$26,361$20,448$15,747$4,039
23 years$40,366$31,514$24,340$18,623$14,135$3,358
24 years$38,274$29,527$22,510$16,985$12,705$2,793
25 years$36,352$27,710$20,849$15,512$11,433$2,325
26 years$34,581$26,043$19,336$14,183$10,298$1,935
27 years$32,943$24,509$17,956$12,982$9,285$1,612
28 years$31,426$23,095$16,692$11,894$8,378$1,343
29 years$30,015$21,787$15,533$10,907$7,565$1,119
30 years$28,702$20,576$14,469$10,010$6,835$932
31 years$27,475$19,451$13,489$9,194$6,180$777
32 years$26,327$18,405$12,585$8,449$5,590$648
33 years$25,251$17,429$11,751$7,770$5,059$540
34 years$24,241$16,519$10,979$7,149$4,580$450
35 years$23,290$15,668$10,265$6,581$4,149$375
36 years$22,394$14,871$9,603$6,061$3,759$313
37 years$21,549$14,124$8,988$5,584$3,407$261
38 years$20,750$13,423$8,417$5,147$3,089$218
39 years$19,993$12,764$7,886$4,746$2,801$181
40 years$19,277$12,144$7,391$4,377$2,540$151
41 years$18,597$11,560$6,931$4,039$2,305$126
42 years$17,951$11,009$6,501$3,727$2,091$105
43 years$17,337$10,490$6,100$3,441$1,898$88
44 years$16,753$9,999$5,726$3,177$1,723$73
45 years$16,196$9,535$5,377$2,934$1,564$61
46 years$15,665$9,096$5,050$2,710$1,420$51
47 years$15,158$8,680$4,744$2,504$1,289$42
48 years$14,673$8,286$4,458$2,314$1,171$35
49 years$14,210$7,913$4,191$2,138$1,064$30
50 years$13,767$7,559$3,940$1,976$966$25

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 $4,537 every year, while hoping to spend $22,185 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: 77/12/11 Blend
66$14,100,000$14,100,000$14,100,000$14,100,000
67$15,542,880$14,795,580$14,577,030$16,708,000
68$17,104,649$15,496,959$15,041,756$18,176,838
69$18,824,975$16,231,961$15,521,306$19,783,708
70$20,720,007$17,002,212$16,016,155$21,545,003
71$22,807,542$17,809,414$16,526,790$23,476,091
72$25,107,189$18,655,353$17,053,715$25,593,896
73$27,640,558$19,541,902$17,597,450$27,917,048
74$30,431,462$20,471,022$18,158,532$30,466,063
75$33,506,143$21,444,774$18,737,515$33,263,529
76$36,893,518$22,465,317$19,334,970$36,334,321
77$40,625,452$23,534,912$19,951,487$39,705,830
78$44,737,061$24,655,935$20,587,674$43,408,220
79$49,267,039$25,830,875$21,244,159$47,474,711
80$54,258,030$27,062,340$21,921,591$51,941,889
81$59,757,022$28,353,068$22,620,638$56,850,048
82$65,815,800$29,705,930$23,341,991$62,243,566
83$72,491,424$31,123,933$24,086,360$68,171,323
84$79,846,779$32,610,235$24,854,483$74,687,160
85$87,951,158$34,168,144$25,647,116$81,850,377
86$96,880,924$35,801,132$26,465,042$89,726,299
87$106,720,227$37,512,836$27,309,070$98,386,878
88$117,561,798$39,307,073$28,180,032$107,911,377
89$129,507,828$41,187,845$29,078,789$118,387,109
90$142,670,926$43,159,349$30,006,228$129,910,259
91$157,175,188$45,225,986$30,963,265$142,586,784
92$173,157,369$47,392,370$31,950,845$156,533,415
93$190,768,166$49,663,342$32,969,944$171,878,745
94$210,173,651$52,043,977$34,021,569$188,764,445
95$231,556,829$54,539,598$35,106,757$207,346,593
96$255,119,374$57,155,787$36,226,582$227,797,139
97$281,083,526$59,898,397$37,382,149$250,305,527
98$309,694,194$62,773,566$38,574,599$275,080,475
99$341,221,265$65,787,734$39,805,112$302,351,936
100$375,962,153$68,947,652$41,074,901$332,373,267