Can I retire at age 67 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,186,591
2 years$617,299$605,802$594,660$583,857$573,379$555,780
3 years$407,445$395,899$384,785$374,083$363,775$346,630
4 years$302,538$291,027$280,025$269,506$259,447$242,887
5 years$239,611$228,169$217,311$207,006$197,228$181,301
6 years$197,673$186,317$175,619$165,545$156,060$140,784
7 years$167,729$156,469$145,940$136,103$126,918$112,300
8 years$145,281$134,123$123,769$114,174$105,291$91,327
9 years$127,831$116,778$106,602$97,251$88,670$75,355
10 years$113,879$102,934$92,938$83,831$75,551$62,874
11 years$102,471$91,636$81,821$72,958$64,977$52,925
12 years$92,972$82,248$72,614$63,994$56,307$44,867
13 years$84,940$74,328$64,876$56,497$49,101$38,256
14 years$78,061$67,562$58,292$50,152$43,042$32,774
15 years$72,105$61,719$52,629$44,727$37,897$28,190
16 years$66,899$56,626$47,716$40,048$33,494$24,328
17 years$62,310$52,150$43,420$35,983$29,698$21,054
18 years$58,235$48,189$39,637$32,428$26,406$18,264
19 years$54,593$44,661$36,286$29,301$23,536$15,877
20 years$51,320$41,502$33,301$26,538$21,023$13,825
21 years$48,362$38,657$30,631$24,085$18,813$12,057
22 years$45,677$36,085$28,231$21,899$16,863$10,529
23 years$43,229$33,750$26,066$19,943$15,138$9,204
24 years$40,988$31,621$24,107$18,190$13,606$8,055
25 years$38,930$29,675$22,328$16,612$12,243$7,054
26 years$37,033$27,890$20,708$15,189$11,028$6,183
27 years$35,280$26,247$19,229$13,903$9,943$5,423
28 years$33,655$24,733$17,876$12,738$8,972$4,758
29 years$32,144$23,333$16,635$11,681$8,101$4,178
30 years$30,737$22,035$15,495$10,720$7,320$3,669
31 years$29,423$20,830$14,445$9,846$6,618$3,224
32 years$28,194$19,710$13,478$9,048$5,986$2,834
33 years$27,042$18,666$12,584$8,321$5,418$2,492
34 years$25,960$17,691$11,758$7,656$4,905$2,191
35 years$24,942$16,779$10,993$7,048$4,443$1,927
36 years$23,982$15,926$10,284$6,491$4,025$1,696
37 years$23,077$15,126$9,625$5,980$3,648$1,492
38 years$22,221$14,375$9,014$5,512$3,308$1,313
39 years$21,411$13,669$8,445$5,083$2,999$1,156
40 years$20,644$13,005$7,915$4,688$2,721$1,018
41 years$19,916$12,380$7,422$4,325$2,468$896
42 years$19,225$11,790$6,962$3,992$2,240$789
43 years$18,567$11,234$6,533$3,685$2,033$695
44 years$17,941$10,708$6,132$3,402$1,845$612
45 years$17,345$10,211$5,758$3,142$1,675$539
46 years$16,776$9,741$5,408$2,902$1,521$474
47 years$16,233$9,296$5,081$2,681$1,381$418
48 years$15,714$8,874$4,775$2,478$1,254$368
49 years$15,218$8,474$4,488$2,290$1,139$324
50 years$14,743$8,095$4,219$2,117$1,035$286

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $15,100,000, adding $5,357 every year, while hoping to spend $55,685 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: 78/15/7 Blend
66$15,100,000$15,100,000$15,100,000$15,100,000
67$16,645,726$15,845,426$15,611,376$17,930,190
68$18,284,341$16,562,603$16,075,108$19,490,856
69$20,088,229$17,313,056$16,552,510$21,194,194
70$22,074,189$18,098,356$17,043,979$23,060,539
71$24,260,731$18,920,150$17,549,927$25,106,093
72$26,668,251$19,780,163$18,070,775$27,348,688
73$29,319,226$20,680,204$18,606,960$29,807,960
74$32,238,421$21,622,168$19,158,927$32,505,528
75$35,453,126$22,608,040$19,727,137$35,465,194
76$38,993,412$23,639,901$20,312,063$38,713,169
77$42,892,415$24,719,932$20,914,192$42,278,314
78$47,186,649$25,850,416$21,534,025$46,192,409
79$51,916,350$27,033,750$22,172,078$50,490,456
80$57,125,856$28,272,441$22,828,880$55,210,997
81$62,864,023$29,569,121$23,504,978$60,396,483
82$69,184,690$30,926,545$24,200,931$66,093,664
83$76,147,185$32,347,601$24,917,318$72,354,033
84$83,816,881$33,835,317$25,654,733$79,234,303
85$92,265,822$35,392,866$26,413,785$86,796,942
86$101,573,392$37,023,573$27,195,103$95,110,756
87$111,827,073$38,730,923$27,999,334$104,251,534
88$123,123,265$40,518,569$28,827,142$114,302,763
89$135,568,198$42,390,339$29,679,211$125,356,406
90$149,278,935$44,350,246$30,556,245$137,513,766
91$164,384,474$46,402,497$31,458,968$150,886,443
92$181,026,970$48,551,498$32,388,123$165,597,371
93$199,363,072$50,801,872$33,344,475$181,781,985
94$219,565,403$53,158,462$34,328,814$199,589,484
95$241,824,192$55,626,345$35,341,947$219,184,239
96$266,349,066$58,210,842$36,384,708$240,747,333
97$293,371,030$60,917,532$37,457,955$264,478,271
98$323,144,646$63,752,262$38,562,567$290,596,848
99$355,950,439$66,721,162$39,699,452$319,345,222
100$392,097,541$69,830,657$40,869,542$350,990,190