Can I retire at age 67 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,149,445
2 years$592,771$581,731$571,031$560,658$550,595$543,730
3 years$391,255$380,167$369,495$359,219$349,320$342,607
4 years$290,517$279,463$268,898$258,797$249,138$242,629
5 years$230,090$219,103$208,676$198,781$189,391$183,105
6 years$189,818$178,914$168,641$158,967$149,859$143,803
7 years$161,064$150,252$140,141$130,695$121,875$116,054
8 years$139,508$128,793$118,851$109,637$101,107$95,520
9 years$122,752$112,138$102,366$93,386$85,147$79,793
10 years$109,354$98,844$89,245$80,500$72,549$67,426
11 years$98,400$87,995$78,570$70,059$62,395$57,498
12 years$89,277$78,980$69,729$61,451$54,070$49,396
13 years$81,565$71,374$62,298$54,252$47,150$42,694
14 years$74,959$64,877$55,975$48,159$41,332$37,089
15 years$69,240$59,267$50,538$42,949$36,392$32,356
16 years$64,240$54,376$45,820$38,457$32,163$28,329
17 years$59,834$50,078$41,695$34,553$28,518$24,880
18 years$55,921$46,275$38,062$31,139$25,357$21,908
19 years$52,424$42,887$34,844$28,137$22,601$19,335
20 years$49,281$39,852$31,978$25,483$20,188$17,098
21 years$46,441$37,121$29,413$23,128$18,066$15,146
22 years$43,862$34,651$27,109$21,028$16,193$13,437
23 years$41,511$32,408$25,030$19,151$14,536$11,937
24 years$39,360$30,365$23,149$17,467$13,065$10,617
25 years$37,383$28,496$21,441$15,952$11,757$9,452
26 years$35,562$26,781$19,885$14,585$10,590$8,422
27 years$33,878$25,204$18,465$13,350$9,548$7,511
28 years$32,317$23,750$17,166$12,232$8,615$6,703
29 years$30,867$22,405$15,974$11,217$7,779$5,986
30 years$29,516$21,160$14,879$10,294$7,029$5,348
31 years$28,254$20,003$13,871$9,454$6,355$4,781
32 years$27,074$18,927$12,942$8,689$5,749$4,276
33 years$25,967$17,924$12,084$7,990$5,202$3,825
34 years$24,928$16,988$11,291$7,352$4,710$3,424
35 years$23,951$16,113$10,556$6,768$4,266$3,065
36 years$23,029$15,293$9,875$6,233$3,865$2,745
37 years$22,160$14,525$9,243$5,743$3,503$2,459
38 years$21,338$13,804$8,656$5,293$3,176$2,203
39 years$20,561$13,126$8,109$4,881$2,880$1,974
40 years$19,824$12,489$7,601$4,502$2,612$1,769
41 years$19,125$11,888$7,127$4,153$2,370$1,586
42 years$18,461$11,322$6,686$3,833$2,151$1,422
43 years$17,829$10,787$6,273$3,538$1,952$1,275
44 years$17,228$10,282$5,889$3,267$1,772$1,143
45 years$16,655$9,805$5,529$3,017$1,608$1,026
46 years$16,109$9,354$5,193$2,787$1,460$920
47 years$15,588$8,926$4,879$2,575$1,326$825
48 years$15,089$8,521$4,585$2,379$1,204$740
49 years$14,613$8,138$4,310$2,199$1,094$664
50 years$14,157$7,773$4,052$2,032$993$596

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $14,500,000, adding $4,458 every year, while hoping to spend $47,660 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: 38/38/24 Blend
66$14,500,000$14,500,000$14,500,000$14,500,000
67$15,983,598$15,215,098$14,990,348$16,476,239
68$17,563,216$15,909,928$15,441,815$17,530,293
69$19,302,356$16,637,208$15,906,809$18,663,925
70$21,217,242$17,398,476$16,385,732$19,888,159
71$23,325,746$18,195,347$16,879,000$21,211,226
72$25,647,564$19,029,511$17,387,038$22,642,154
73$28,204,400$19,902,741$17,910,288$24,190,847
74$31,020,168$20,816,894$18,449,202$25,868,172
75$34,121,219$21,773,917$19,004,245$27,686,055
76$37,536,594$22,775,849$19,575,897$29,657,590
77$41,298,289$23,824,828$20,164,652$31,797,151
78$45,441,566$24,923,096$20,771,019$34,120,522
79$50,005,279$26,073,001$21,395,521$36,645,041
80$55,032,243$27,277,004$22,038,698$39,389,753
81$60,569,641$28,537,686$22,701,102$42,375,581
82$66,669,462$29,857,750$23,383,307$45,625,517
83$73,388,999$31,240,032$24,085,900$49,164,828
84$80,791,386$32,687,502$24,809,487$53,021,287
85$88,946,192$34,203,275$25,554,689$57,225,423
86$97,930,082$35,790,614$26,322,150$61,810,799
87$107,827,538$37,452,941$27,112,529$66,814,323
88$118,731,654$39,193,843$27,926,506$72,276,576
89$130,745,020$41,017,078$28,764,782$78,242,192
90$143,980,686$42,926,589$29,628,075$84,760,260
91$158,563,229$44,926,505$30,517,129$91,884,780
92$174,629,931$47,021,157$31,432,706$99,675,155
93$192,332,075$49,215,084$32,375,593$108,196,742
94$211,836,369$51,513,046$33,346,598$117,521,449
95$233,326,524$53,920,030$34,346,553$127,728,401
96$257,004,984$56,441,266$35,376,317$138,904,672
97$283,094,840$59,082,235$36,436,772$151,146,087
98$311,841,935$61,848,686$37,528,825$164,558,113
99$343,517,183$64,746,643$38,653,411$179,256,831
100$378,419,129$67,782,421$39,811,493$195,370,016