Can I retire at age 67 with 15,900,000?

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 $15,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,313,007$1,301,312$1,289,901$1,278,763$1,267,888$1,219,510
2 years$650,004$637,898$626,165$614,790$603,756$555,586
3 years$429,031$416,873$405,171$393,902$383,048$336,600
4 years$318,567$306,446$294,860$283,784$273,193$228,822
5 years$252,305$240,257$228,824$217,973$207,677$165,497
6 years$208,146$196,188$184,924$174,315$164,328$124,368
7 years$176,615$164,759$153,672$143,314$133,642$95,890
8 years$152,978$141,229$130,326$120,223$110,869$75,289
9 years$134,604$122,965$112,250$102,403$93,368$59,908
10 years$119,912$108,387$97,862$88,272$79,554$48,153
11 years$107,900$96,491$86,156$76,823$68,419$39,006
12 years$97,897$86,605$76,461$67,384$59,291$31,790
13 years$89,440$78,266$68,313$59,490$51,703$26,035
14 years$82,197$71,141$61,380$52,809$45,322$21,404
15 years$75,925$64,989$55,418$47,096$39,905$17,652
16 years$70,443$59,626$50,244$42,170$35,268$14,595
17 years$65,611$54,913$45,720$37,889$31,271$12,092
18 years$61,320$50,742$41,737$34,146$27,805$10,036
19 years$57,486$47,028$38,208$30,854$24,783$8,341
20 years$54,039$43,700$35,065$27,944$22,137$6,940
21 years$50,925$40,705$32,253$25,361$19,810$5,780
22 years$48,097$37,997$29,726$23,059$17,757$4,818
23 years$45,519$35,538$27,447$21,000$15,940$4,018
24 years$43,160$33,296$25,384$19,153$14,327$3,353
25 years$40,993$31,247$23,511$17,492$12,892$2,800
26 years$38,995$29,367$21,805$15,994$11,613$2,338
27 years$37,149$27,638$20,248$14,639$10,470$1,954
28 years$35,438$26,043$18,823$13,413$9,447$1,633
29 years$33,847$24,569$17,516$12,300$8,530$1,365
30 years$32,366$23,203$16,316$11,288$7,708$1,141
31 years$30,982$21,934$15,211$10,367$6,969$954
32 years$29,688$20,754$14,192$9,528$6,304$798
33 years$28,475$19,654$13,251$8,762$5,705$667
34 years$27,335$18,628$12,381$8,061$5,165$558
35 years$26,263$17,668$11,575$7,421$4,678$467
36 years$25,253$16,770$10,829$6,835$4,239$391
37 years$24,300$15,927$10,135$6,297$3,842$327
38 years$23,399$15,137$9,491$5,804$3,483$273
39 years$22,546$14,394$8,892$5,352$3,158$229
40 years$21,738$13,694$8,335$4,936$2,865$191
41 years$20,971$13,036$7,815$4,554$2,599$160
42 years$20,243$12,415$7,331$4,203$2,358$134
43 years$19,551$11,829$6,879$3,880$2,140$112
44 years$18,891$11,275$6,457$3,582$1,943$94
45 years$18,263$10,752$6,063$3,309$1,764$78
46 years$17,664$10,257$5,695$3,056$1,601$66
47 years$17,093$9,788$5,350$2,823$1,454$55
48 years$16,546$9,344$5,028$2,609$1,320$46
49 years$16,024$8,923$4,726$2,411$1,199$38
50 years$15,524$8,524$4,443$2,229$1,089$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $15,900,000, adding $6,664 every year, while hoping to spend $46,876 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: 44/37/19 Blend
66$15,900,000$15,900,000$15,900,000$15,900,000
67$17,528,674$16,685,974$16,439,524$18,203,301
68$19,266,723$17,453,711$16,940,372$19,446,314
69$21,180,482$18,257,496$17,456,428$20,787,675
70$23,287,824$19,099,046$17,988,151$22,240,637
71$25,608,443$19,980,160$18,536,015$23,815,543
72$28,164,041$20,902,725$19,100,508$25,523,743
73$30,978,531$21,868,716$19,682,133$27,377,698
74$34,078,265$22,880,207$20,281,408$29,391,090
75$37,492,279$23,939,368$20,898,867$31,578,948
76$41,252,570$25,048,477$21,535,058$33,957,778
77$45,394,398$26,209,917$22,190,548$36,545,712
78$49,956,615$27,426,192$22,865,920$39,362,676
79$54,982,036$28,699,922$23,561,775$42,430,565
80$60,517,841$30,033,854$24,278,730$45,773,444
81$66,616,017$31,430,870$25,017,425$49,417,763
82$73,333,857$32,893,989$25,778,514$53,392,604
83$80,734,491$34,426,375$26,562,675$57,729,938
84$88,887,487$36,031,346$27,370,603$62,464,923
85$97,869,509$37,712,380$28,203,017$67,636,221
86$107,765,036$39,473,123$29,060,654$73,286,356
87$118,667,160$41,317,397$29,944,277$79,462,099
88$130,678,469$43,249,208$30,854,669$86,214,902
89$143,912,010$45,272,756$31,792,637$93,601,368
90$158,492,359$47,392,445$32,759,015$101,683,774
91$174,556,795$49,612,890$33,754,657$110,530,644
92$192,256,598$51,938,931$34,780,448$120,217,383
93$211,758,473$54,375,641$35,837,295$130,826,969
94$233,246,128$56,928,338$36,926,135$142,450,729
95$256,922,005$59,602,599$38,047,932$155,189,174
96$283,009,191$62,404,268$39,203,680$169,152,942
97$311,753,527$65,339,476$40,394,402$184,463,813
98$343,425,923$68,414,646$41,621,151$201,255,849
99$378,324,920$71,636,517$42,885,012$219,676,633
100$416,779,505$75,012,149$44,187,103$239,888,647