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

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 $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%16.3%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,048,783
2 years$551,890$541,611$531,650$521,992$512,623$484,874
3 years$364,272$353,949$344,013$334,445$325,229$298,325
4 years$270,481$260,190$250,353$240,949$231,956$206,104
5 years$214,222$203,992$194,284$185,072$176,329$151,601
6 years$176,727$166,575$157,011$148,003$139,524$115,943
7 years$149,956$139,889$130,477$121,682$113,470$91,039
8 years$129,887$119,911$110,654$102,076$94,134$72,843
9 years$114,286$104,404$95,307$86,946$79,275$59,104
10 years$101,812$92,027$83,091$74,948$67,546$48,471
11 years$91,613$81,926$73,152$65,227$58,092$40,085
12 years$83,120$73,533$64,920$57,213$50,341$33,370
13 years$75,940$66,452$58,002$50,511$43,898$27,929
14 years$69,790$60,403$52,115$44,838$38,481$23,477
15 years$64,465$55,179$47,053$39,987$33,882$19,805
16 years$59,810$50,626$42,660$35,804$29,945$16,758
17 years$55,707$46,625$38,819$32,170$26,551$14,214
18 years$52,064$43,083$35,437$28,992$23,608$12,081
19 years$48,809$39,929$32,441$26,196$21,042$10,286
20 years$45,882$37,104$29,772$23,726$18,795$8,770
21 years$43,238$34,561$27,385$21,533$16,820$7,487
22 years$40,837$32,261$25,239$19,578$15,077$6,398
23 years$38,649$30,173$23,304$17,830$13,534$5,473
24 years$36,645$28,271$21,552$16,262$12,164$4,685
25 years$34,805$26,531$19,962$14,852$10,946$4,013
26 years$33,109$24,934$18,514$13,580$9,860$3,439
27 years$31,542$23,466$17,192$12,430$8,889$2,949
28 years$30,089$22,112$15,982$11,388$8,021$2,529
29 years$28,738$20,860$14,872$10,443$7,243$2,170
30 years$27,480$19,700$13,853$9,584$6,544$1,863
31 years$26,306$18,623$12,915$8,802$5,917$1,599
32 years$25,207$17,621$12,050$8,090$5,352$1,373
33 years$24,177$16,688$11,251$7,439$4,844$1,180
34 years$23,209$15,816$10,512$6,845$4,385$1,013
35 years$22,299$15,001$9,828$6,301$3,972$871
36 years$21,441$14,239$9,194$5,803$3,599$748
37 years$20,632$13,523$8,605$5,347$3,262$643
38 years$19,867$12,852$8,059$4,928$2,957$552
39 years$19,143$12,221$7,550$4,544$2,682$475
40 years$18,457$11,627$7,077$4,191$2,432$408
41 years$17,806$11,068$6,636$3,867$2,207$351
42 years$17,187$10,541$6,224$3,569$2,002$302
43 years$16,600$10,043$5,841$3,294$1,817$259
44 years$16,040$9,573$5,483$3,042$1,649$223
45 years$15,507$9,129$5,148$2,809$1,497$192
46 years$14,998$8,709$4,835$2,595$1,360$165
47 years$14,513$8,311$4,543$2,397$1,235$142
48 years$14,049$7,934$4,269$2,215$1,121$122
49 years$13,605$7,576$4,012$2,047$1,018$105
50 years$13,181$7,237$3,772$1,892$925$90

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 $3,880 every year, while hoping to spend $44,056 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: 47/44/9 Blend
67$13,500,000$13,500,000$13,500,000$13,500,000
68$14,881,002$14,165,502$13,956,252$15,543,546
69$16,351,989$14,812,737$14,376,911$16,646,984
70$17,971,540$15,490,209$14,810,186$17,838,916
71$19,754,763$16,199,354$15,256,452$19,131,451
72$21,718,302$16,941,677$15,716,098$20,533,941
73$23,880,503$17,718,752$16,189,520$22,056,651
74$26,261,576$18,532,233$16,677,131$23,710,851
75$28,883,794$19,383,850$17,179,353$25,508,914
76$31,771,700$20,275,418$17,696,620$27,464,431
77$34,952,338$21,208,838$18,229,382$29,592,328
78$38,455,509$22,186,103$18,778,098$31,909,002
79$42,314,051$23,209,302$19,343,244$34,432,472
80$46,564,151$24,280,625$19,925,310$37,182,535
81$51,245,684$25,402,365$20,524,797$40,180,951
82$56,402,591$26,576,928$21,142,225$43,451,636
83$62,083,293$27,806,835$21,778,128$47,020,884
84$68,341,147$29,094,729$22,433,053$50,917,600
85$75,234,951$30,443,377$23,107,567$55,173,569
86$82,829,498$31,855,685$23,802,253$59,823,745
87$91,196,187$33,334,693$24,517,708$64,906,569
88$100,413,697$34,883,593$25,254,551$70,464,321
89$110,568,732$36,505,726$26,013,416$76,543,511
90$121,756,835$38,204,599$26,794,958$83,195,303
91$134,083,292$39,983,885$27,599,849$90,475,987
92$147,664,127$41,847,434$28,428,783$98,447,500
93$162,627,193$43,799,284$29,282,472$107,177,990
94$179,113,384$45,843,666$30,161,653$116,742,456
95$197,277,961$47,985,016$31,067,079$127,223,429
96$217,292,017$50,227,986$31,999,530$138,711,746
97$239,344,095$52,577,450$32,959,807$151,307,385
98$263,641,966$55,038,519$33,948,734$165,120,396
99$290,414,591$57,616,550$34,967,161$180,271,918
100$319,914,280$60,317,162$36,015,961$196,895,306