Can I retire at age 68 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,045,401
2 years$551,890$541,611$531,650$521,992$512,623$481,530
3 years$364,272$353,949$344,013$334,445$325,229$295,124
4 years$270,481$260,190$250,353$240,949$231,956$203,071
5 years$214,222$203,992$194,284$185,072$176,329$148,742
6 years$176,727$166,575$157,011$148,003$139,524$113,260
7 years$149,956$139,889$130,477$121,682$113,470$88,530
8 years$129,887$119,911$110,654$102,076$94,134$70,503
9 years$114,286$104,404$95,307$86,946$79,275$56,929
10 years$101,812$92,027$83,091$74,948$67,546$46,455
11 years$91,613$81,926$73,152$65,227$58,092$38,221
12 years$83,120$73,533$64,920$57,213$50,341$31,651
13 years$75,940$66,452$58,002$50,511$43,898$26,348
14 years$69,790$60,403$52,115$44,838$38,481$22,027
15 years$64,465$55,179$47,053$39,987$33,882$18,478
16 years$59,810$50,626$42,660$35,804$29,945$15,545
17 years$55,707$46,625$38,819$32,170$26,551$13,108
18 years$52,064$43,083$35,437$28,992$23,608$11,075
19 years$48,809$39,929$32,441$26,196$21,042$9,373
20 years$45,882$37,104$29,772$23,726$18,795$7,944
21 years$43,238$34,561$27,385$21,533$16,820$6,740
22 years$40,837$32,261$25,239$19,578$15,077$5,724
23 years$38,649$30,173$23,304$17,830$13,534$4,866
24 years$36,645$28,271$21,552$16,262$12,164$4,139
25 years$34,805$26,531$19,962$14,852$10,946$3,522
26 years$33,109$24,934$18,514$13,580$9,860$2,999
27 years$31,542$23,466$17,192$12,430$8,889$2,555
28 years$30,089$22,112$15,982$11,388$8,021$2,177
29 years$28,738$20,860$14,872$10,443$7,243$1,856
30 years$27,480$19,700$13,853$9,584$6,544$1,583
31 years$26,306$18,623$12,915$8,802$5,917$1,350
32 years$25,207$17,621$12,050$8,090$5,352$1,151
33 years$24,177$16,688$11,251$7,439$4,844$982
34 years$23,209$15,816$10,512$6,845$4,385$838
35 years$22,299$15,001$9,828$6,301$3,972$715
36 years$21,441$14,239$9,194$5,803$3,599$611
37 years$20,632$13,523$8,605$5,347$3,262$521
38 years$19,867$12,852$8,059$4,928$2,957$445
39 years$19,143$12,221$7,550$4,544$2,682$380
40 years$18,457$11,627$7,077$4,191$2,432$324
41 years$17,806$11,068$6,636$3,867$2,207$277
42 years$17,187$10,541$6,224$3,569$2,002$236
43 years$16,600$10,043$5,841$3,294$1,817$202
44 years$16,040$9,573$5,483$3,042$1,649$172
45 years$15,507$9,129$5,148$2,809$1,497$147
46 years$14,998$8,709$4,835$2,595$1,360$126
47 years$14,513$8,311$4,543$2,397$1,235$107
48 years$14,049$7,934$4,269$2,215$1,121$92
49 years$13,605$7,576$4,012$2,047$1,018$78
50 years$13,181$7,237$3,772$1,892$925$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $13,500,000, adding $2,339 every year, while hoping to spend $23,077 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: 84/11/5 Blend
67$13,500,000$13,500,000$13,500,000$13,500,000
68$14,879,413$14,163,913$13,954,663$16,128,832
69$16,372,559$14,833,391$14,397,590$17,613,648
70$18,017,233$15,534,900$14,854,582$19,240,724
71$19,828,866$16,269,985$15,326,086$21,026,976
72$21,824,462$17,040,266$15,812,562$22,988,358
73$24,022,760$17,847,442$16,314,486$25,142,434
74$26,444,409$18,693,295$16,832,349$27,508,551
75$29,112,164$19,579,690$17,366,657$30,108,013
76$32,051,097$20,508,588$17,917,932$32,964,284
77$35,288,841$21,482,041$18,486,715$36,103,206
78$38,855,843$22,502,201$19,073,561$39,553,243
79$42,785,657$23,571,327$19,679,043$43,345,742
80$47,115,258$24,691,786$20,303,754$47,515,236
81$51,885,390$25,866,059$20,948,306$52,099,760
82$57,140,953$27,096,749$21,613,327$57,141,208
83$62,931,426$28,386,585$22,299,469$62,685,731
84$69,311,333$29,738,430$23,007,403$68,784,166
85$76,340,759$31,155,283$23,737,822$75,492,514
86$84,085,916$32,640,292$24,491,439$82,872,468
87$92,619,769$34,196,756$25,268,991$90,991,986
88$102,022,723$35,828,134$26,071,240$99,925,940
89$112,383,385$37,538,057$26,898,970$109,756,807
90$123,799,395$39,330,327$27,752,991$120,575,454
91$136,378,356$41,208,935$28,634,138$132,481,990
92$150,238,839$43,178,064$29,543,273$145,586,702
93$165,511,514$45,242,102$30,481,286$160,011,099
94$182,340,374$47,405,650$31,449,095$175,889,052
95$200,884,098$49,673,533$32,447,645$193,368,053
96$221,317,549$52,050,809$33,477,914$212,610,604
97$243,833,425$54,542,786$34,540,911$233,795,746
98$268,644,078$57,155,025$35,637,675$257,120,743
99$295,983,516$59,893,364$36,769,279$282,802,943
100$326,109,616$62,763,919$37,936,831$311,081,819