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%13.9%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,137,564
2 years$592,771$581,731$571,031$560,658$550,595$531,820
3 years$391,255$380,167$369,495$359,219$349,320$331,041
4 years$290,517$279,463$268,898$258,797$249,138$231,496
5 years$230,090$219,103$208,676$198,781$189,391$172,436
6 years$189,818$178,914$168,641$158,967$149,859$133,611
7 years$161,064$150,252$140,141$130,695$121,875$106,340
8 years$139,508$128,793$118,851$109,637$101,107$86,281
9 years$122,752$112,138$102,366$93,386$85,147$71,022
10 years$109,354$98,844$89,245$80,500$72,549$59,115
11 years$98,400$87,995$78,570$70,059$62,395$49,636
12 years$89,277$78,980$69,729$61,451$54,070$41,971
13 years$81,565$71,374$62,298$54,252$47,150$35,692
14 years$74,959$64,877$55,975$48,159$41,332$30,497
15 years$69,240$59,267$50,538$42,949$36,392$26,159
16 years$64,240$54,376$45,820$38,457$32,163$22,512
17 years$59,834$50,078$41,695$34,553$28,518$19,427
18 years$55,921$46,275$38,062$31,139$25,357$16,805
19 years$52,424$42,887$34,844$28,137$22,601$14,565
20 years$49,281$39,852$31,978$25,483$20,188$12,645
21 years$46,441$37,121$29,413$23,128$18,066$10,995
22 years$43,862$34,651$27,109$21,028$16,193$9,572
23 years$41,511$32,408$25,030$19,151$14,536$8,342
24 years$39,360$30,365$23,149$17,467$13,065$7,277
25 years$37,383$28,496$21,441$15,952$11,757$6,353
26 years$35,562$26,781$19,885$14,585$10,590$5,551
27 years$33,878$25,204$18,465$13,350$9,548$4,853
28 years$32,317$23,750$17,166$12,232$8,615$4,245
29 years$30,867$22,405$15,974$11,217$7,779$3,714
30 years$29,516$21,160$14,879$10,294$7,029$3,252
31 years$28,254$20,003$13,871$9,454$6,355$2,848
32 years$27,074$18,927$12,942$8,689$5,749$2,495
33 years$25,967$17,924$12,084$7,990$5,202$2,186
34 years$24,928$16,988$11,291$7,352$4,710$1,916
35 years$23,951$16,113$10,556$6,768$4,266$1,680
36 years$23,029$15,293$9,875$6,233$3,865$1,473
37 years$22,160$14,525$9,243$5,743$3,503$1,292
38 years$21,338$13,804$8,656$5,293$3,176$1,133
39 years$20,561$13,126$8,109$4,881$2,880$994
40 years$19,824$12,489$7,601$4,502$2,612$872
41 years$19,125$11,888$7,127$4,153$2,370$765
42 years$18,461$11,322$6,686$3,833$2,151$671
43 years$17,829$10,787$6,273$3,538$1,952$589
44 years$17,228$10,282$5,889$3,267$1,772$517
45 years$16,655$9,805$5,529$3,017$1,608$454
46 years$16,109$9,354$5,193$2,787$1,460$398
47 years$15,588$8,926$4,879$2,575$1,326$349
48 years$15,089$8,521$4,585$2,379$1,204$307
49 years$14,613$8,138$4,310$2,199$1,094$269
50 years$14,157$7,773$4,052$2,032$993$236

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 $3,348 every year, while hoping to spend $46,511 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: 27/47/26 Blend
66$14,500,000$14,500,000$14,500,000$14,500,000
67$15,982,453$15,213,953$14,989,203$16,283,899
68$17,563,176$15,909,950$15,441,854$17,222,144
69$19,303,574$16,638,491$15,908,110$18,224,555
70$21,219,885$17,401,123$16,388,378$19,299,883
71$23,330,000$18,199,465$16,883,076$20,454,362
72$25,653,636$19,035,216$17,392,635$21,694,811
73$28,212,519$19,910,153$17,917,500$23,028,693
74$31,030,587$20,826,142$18,458,128$24,464,171
75$34,134,221$21,785,136$19,014,989$26,010,184
76$37,552,488$22,789,185$19,588,568$27,676,523
77$41,317,421$23,840,434$20,179,364$29,473,909
78$45,464,316$24,941,133$20,787,891$31,414,094
79$50,032,069$26,093,641$21,414,677$33,509,954
80$55,063,540$27,300,430$22,060,269$35,775,608
81$60,605,959$28,564,089$22,725,226$38,226,536
82$66,711,372$29,887,335$23,410,127$40,879,718
83$73,437,131$31,273,013$24,115,565$43,753,782
84$80,846,435$32,724,107$24,842,153$46,869,168
85$89,008,928$34,243,744$25,590,521$50,248,309
86$98,001,353$35,835,203$26,361,319$53,915,829
87$107,908,282$37,501,919$27,155,214$57,898,767
88$118,822,908$39,247,493$27,972,894$62,226,811
89$130,847,926$41,075,703$28,815,068$66,932,569
90$144,096,507$42,990,504$29,682,465$72,051,862
91$158,693,359$44,996,047$30,575,836$77,624,043
92$174,775,908$47,096,680$31,495,953$83,692,353
93$192,495,596$49,296,963$32,443,613$90,304,315
94$212,019,308$51,601,675$33,419,634$97,512,159
95$233,530,946$54,015,826$34,424,861$105,373,303
96$257,233,171$56,544,669$35,460,162$113,950,867
97$283,349,307$59,193,711$36,526,430$123,314,256
98$312,125,457$61,968,724$37,624,587$133,539,790
99$343,832,822$64,875,760$38,755,579$144,711,398
100$378,770,261$67,921,163$39,920,382$156,921,395