Can I retire at age 67 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$668,890$662,932$657,119$651,446$645,905$626,233
2 years$331,134$324,967$318,990$313,195$307,574$287,923
3 years$218,563$212,369$206,408$200,667$195,138$176,125
4 years$162,289$156,114$150,212$144,569$139,174$120,944
5 years$128,533$122,395$116,571$111,043$105,798$88,401
6 years$106,036$99,945$94,206$88,802$83,714$67,166
7 years$89,974$83,934$78,286$73,009$68,082$52,381
8 years$77,932$71,947$66,393$61,245$56,481$41,617
9 years$68,572$62,642$57,184$52,168$47,565$33,523
10 years$61,087$55,216$49,854$44,969$40,528$27,287
11 years$54,968$49,156$43,891$39,136$34,855$22,392
12 years$49,872$44,120$38,952$34,328$30,205$18,495
13 years$45,564$39,871$34,801$30,306$26,339$15,354
14 years$41,874$36,242$31,269$26,903$23,089$12,800
15 years$38,679$33,108$28,232$23,992$20,329$10,708
16 years$35,886$30,376$25,596$21,483$17,967$8,982
17 years$33,424$27,975$23,291$19,302$15,931$7,552
18 years$31,239$25,850$21,262$17,395$14,165$6,362
19 years$29,285$23,957$19,464$15,718$12,625$5,368
20 years$27,529$22,262$17,863$14,236$11,277$4,536
21 years$25,943$20,737$16,431$12,920$10,092$3,836
22 years$24,502$19,357$15,144$11,747$9,046$3,248
23 years$23,189$18,104$13,983$10,698$8,120$2,752
24 years$21,987$16,962$12,931$9,757$7,299$2,334
25 years$20,883$15,918$11,977$8,911$6,568$1,980
26 years$19,866$14,961$11,108$8,148$5,916$1,680
27 years$18,925$14,080$10,315$7,458$5,334$1,427
28 years$18,053$13,267$9,589$6,833$4,813$1,212
29 years$17,243$12,516$8,923$6,266$4,346$1,030
30 years$16,488$11,820$8,312$5,751$3,927$875
31 years$15,783$11,174$7,749$5,281$3,550$744
32 years$15,124$10,573$7,230$4,854$3,211$633
33 years$14,506$10,013$6,751$4,463$2,906$538
34 years$13,925$9,490$6,307$4,107$2,631$457
35 years$13,379$9,001$5,897$3,781$2,383$389
36 years$12,865$8,543$5,516$3,482$2,159$331
37 years$12,379$8,114$5,163$3,208$1,957$282
38 years$11,920$7,711$4,835$2,957$1,774$239
39 years$11,486$7,333$4,530$2,726$1,609$204
40 years$11,074$6,976$4,246$2,515$1,459$173
41 years$10,683$6,641$3,981$2,320$1,324$148
42 years$10,312$6,325$3,735$2,141$1,201$126
43 years$9,960$6,026$3,504$1,977$1,090$107
44 years$9,624$5,744$3,290$1,825$990$91
45 years$9,304$5,477$3,089$1,685$898$77
46 years$8,999$5,225$2,901$1,557$816$66
47 years$8,708$4,987$2,726$1,438$741$56
48 years$8,429$4,760$2,561$1,329$673$48
49 years$8,163$4,546$2,407$1,228$611$41
50 years$7,908$4,342$2,263$1,135$555$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $8,100,000, adding $2,166 every year, while hoping to spend $49,706 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: 45/30/25 Blend
66$8,100,000$8,100,000$8,100,000$8,100,000
67$8,928,434$8,499,134$8,373,584$9,265,659
68$9,786,248$8,862,705$8,601,213$9,868,080
69$10,729,892$9,242,425$8,834,800$10,515,999
70$11,768,070$9,639,032$9,074,495$11,217,693
71$12,910,370$10,053,301$9,320,447$11,978,200
72$14,167,355$10,486,041$9,572,810$12,803,053
73$15,550,667$10,938,099$9,831,741$13,698,332
74$17,073,132$11,410,363$10,097,401$14,670,717
75$18,748,882$11,903,760$10,369,954$15,727,553
76$20,593,487$12,419,265$10,649,567$16,876,910
77$22,624,108$12,957,894$10,936,413$18,127,662
78$24,859,650$13,520,713$11,230,665$19,489,566
79$27,320,945$14,108,839$11,532,504$20,973,350
80$30,030,949$14,723,440$11,842,110$22,590,812
81$33,014,957$15,365,739$12,159,671$24,354,930
82$36,300,840$16,037,018$12,485,378$26,279,977
83$39,919,311$16,738,617$12,819,424$28,381,657
84$43,904,214$17,471,942$13,162,007$30,677,245
85$48,292,840$18,238,464$13,513,331$33,185,752
86$53,126,284$19,039,723$13,873,602$35,928,092
87$58,449,828$19,877,332$14,243,031$38,927,285
88$64,313,370$20,752,981$14,621,832$42,208,662
89$70,771,896$21,668,439$15,010,225$45,800,104
90$77,885,996$22,625,559$15,408,434$49,732,300
91$85,722,438$23,626,282$15,816,687$54,039,029
92$94,354,797$24,672,641$16,235,217$58,757,477
93$103,864,151$25,766,764$16,664,261$63,928,582
94$114,339,841$26,910,882$17,104,060$69,597,414
95$125,880,320$28,107,331$17,554,862$75,813,593
96$138,594,079$29,358,557$18,016,916$82,631,756
97$152,600,672$30,667,123$18,490,479$90,112,061
98$168,031,842$32,035,713$18,975,812$98,320,754
99$185,032,767$33,467,140$19,473,179$107,330,781
100$203,763,429$34,964,350$19,982,850$117,222,476