Can I retire at age 67 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,192,612
2 years$633,651$621,850$610,413$599,324$588,568$545,319
3 years$418,238$406,386$394,978$383,993$373,411$331,653
4 years$310,552$298,737$287,443$276,645$266,320$226,370
5 years$245,958$234,213$223,067$212,490$202,452$164,416
6 years$202,909$191,253$180,271$169,930$160,194$124,101
7 years$172,172$160,614$149,806$139,709$130,280$96,123
8 years$149,130$137,676$127,048$117,198$108,080$75,831
9 years$131,217$119,871$109,426$99,827$91,019$60,636
10 years$116,896$105,661$95,400$86,052$77,553$48,986
11 years$105,186$94,064$83,989$74,891$66,698$39,888
12 years$95,434$84,426$74,538$65,689$57,799$32,683
13 years$87,190$76,297$66,595$57,994$50,402$26,913
14 years$80,129$69,352$59,836$51,480$44,182$22,250
15 years$74,015$63,354$54,024$45,911$38,901$18,455
16 years$68,671$58,126$48,980$41,109$34,381$15,347
17 years$63,960$53,532$44,570$36,936$30,485$12,791
18 years$59,778$49,466$40,687$33,287$27,106$10,679
19 years$56,040$45,845$37,247$30,077$24,160$8,929
20 years$52,680$42,601$34,183$27,241$21,580$7,476
21 years$49,644$39,681$31,442$24,723$19,312$6,265
22 years$46,887$37,041$28,979$22,479$17,310$5,255
23 years$44,374$34,644$26,757$20,472$15,539$4,410
24 years$42,074$32,459$24,745$18,671$13,966$3,704
25 years$39,961$30,461$22,919$17,052$12,568$3,112
26 years$38,014$28,628$21,256$15,591$11,320$2,616
27 years$36,214$26,943$19,738$14,271$10,206$2,200
28 years$34,546$25,388$18,349$13,075$9,209$1,851
29 years$32,996$23,951$17,076$11,990$8,316$1,557
30 years$31,551$22,619$15,905$11,004$7,514$1,310
31 years$30,203$21,382$14,828$10,106$6,793$1,103
32 years$28,941$20,232$13,835$9,288$6,145$928
33 years$27,758$19,160$12,918$8,541$5,561$782
34 years$26,647$18,159$12,070$7,859$5,035$658
35 years$25,602$17,224$11,284$7,234$4,560$554
36 years$24,618$16,348$10,556$6,663$4,132$467
37 years$23,688$15,527$9,880$6,139$3,745$393
38 years$22,810$14,756$9,252$5,658$3,395$331
39 years$21,979$14,031$8,669$5,217$3,079$279
40 years$21,191$13,350$8,125$4,812$2,793$235
41 years$20,444$12,708$7,619$4,440$2,534$198
42 years$19,734$12,102$7,147$4,097$2,299$167
43 years$19,059$11,531$6,706$3,782$2,086$140
44 years$18,416$10,992$6,295$3,492$1,894$118
45 years$17,804$10,482$5,911$3,225$1,719$100
46 years$17,220$9,999$5,551$2,979$1,561$84
47 years$16,663$9,542$5,216$2,752$1,417$71
48 years$16,130$9,109$4,901$2,543$1,287$60
49 years$15,621$8,699$4,607$2,351$1,169$50
50 years$15,133$8,309$4,331$2,173$1,062$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $15,500,000, adding $4,766 every year, while hoping to spend $53,813 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: 49/26/25 Blend
66$15,500,000$15,500,000$15,500,000$15,500,000
67$17,085,916$16,264,416$16,024,166$17,801,904
68$18,771,423$17,004,116$16,503,719$19,042,115
69$20,627,048$17,778,257$16,997,533$20,382,972
70$22,670,086$18,588,471$17,506,030$21,838,665
71$24,919,595$19,436,467$18,029,643$23,420,062
72$27,396,575$20,324,035$18,568,817$25,139,106
73$30,124,165$21,253,052$19,124,011$27,008,924
74$33,127,863$22,225,484$19,695,699$29,043,941
75$36,435,765$23,243,393$20,284,365$31,260,018
76$40,078,833$24,308,939$20,890,511$33,674,591
77$44,091,182$25,424,386$21,514,651$36,306,833
78$48,510,407$26,592,105$22,157,316$39,177,827
79$53,377,933$27,814,582$22,819,051$42,310,763
80$58,739,410$29,094,424$23,500,417$45,731,146
81$64,645,140$30,434,362$24,201,991$49,467,032
82$71,150,556$31,837,257$24,924,370$53,549,289
83$78,316,740$33,306,111$25,668,164$58,011,876
84$86,211,003$34,844,065$26,434,003$62,892,160
85$94,907,519$36,454,418$27,222,535$68,231,259
86$104,488,023$38,140,622$28,034,427$74,074,425
87$115,042,587$39,906,297$28,870,366$80,471,459
88$126,670,465$41,755,240$29,731,057$87,477,173
89$139,481,033$43,691,427$30,617,228$95,151,902
90$153,594,820$45,719,029$31,529,626$103,562,059
91$169,144,644$47,842,414$32,469,022$112,780,756
92$186,276,870$50,066,164$33,436,206$122,888,479
93$205,152,786$52,395,082$34,431,995$133,973,842
94$225,950,130$54,834,200$35,457,226$146,134,409
95$248,864,763$57,388,796$36,512,763$159,477,604
96$274,112,521$60,064,400$37,599,493$174,121,713
97$301,931,254$62,866,810$38,718,331$190,196,987
98$332,583,063$65,802,105$39,870,216$207,846,857
99$366,356,783$68,876,657$41,056,117$227,229,276
100$403,570,706$72,097,144$42,277,028$248,518,194