Can I retire at age 68 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,043,516
2 years$555,978$545,623$535,588$525,858$516,421$475,623
3 years$366,970$356,571$346,561$336,922$327,638$288,293
4 years$272,485$262,117$252,208$242,734$233,674$196,082
5 years$215,808$205,503$195,723$186,443$177,636$141,892
6 years$178,036$167,809$158,174$149,100$140,557$106,688
7 years$151,067$140,926$131,443$122,583$114,310$82,306
8 years$130,849$120,799$111,474$102,832$94,832$64,661
9 years$115,133$105,177$96,013$87,590$79,862$51,483
10 years$102,567$92,709$83,706$75,503$68,046$41,407
11 years$92,292$82,533$73,693$65,711$58,522$33,564
12 years$83,736$74,077$65,401$57,637$50,714$27,373
13 years$76,502$66,944$58,431$50,885$44,224$22,433
14 years$70,307$60,850$52,501$45,170$38,766$18,456
15 years$64,942$55,588$47,401$40,284$34,133$15,231
16 years$60,253$51,001$42,976$36,070$30,167$12,603
17 years$56,120$46,970$39,107$32,408$26,748$10,449
18 years$52,450$43,402$35,699$29,206$23,783$8,679
19 years$49,170$40,225$32,681$26,390$21,198$7,218
20 years$46,222$37,379$29,993$23,902$18,935$6,011
21 years$43,558$34,817$27,588$21,692$16,944$5,010
22 years$41,140$32,500$25,426$19,723$15,188$4,179
23 years$38,935$30,397$23,477$17,962$13,634$3,488
24 years$36,917$28,480$21,712$16,383$12,254$2,913
25 years$35,063$26,727$20,110$14,962$11,027$2,434
26 years$33,354$25,119$18,651$13,680$9,933$2,035
27 years$31,775$23,640$17,319$12,522$8,955$1,701
28 years$30,311$22,276$16,100$11,473$8,080$1,423
29 years$28,951$21,015$14,983$10,521$7,296$1,190
30 years$27,684$19,846$13,956$9,655$6,593$996
31 years$26,500$18,761$13,010$8,868$5,961$834
32 years$25,393$17,752$12,139$8,150$5,392$698
33 years$24,356$16,811$11,334$7,494$4,880$584
34 years$23,381$15,933$10,590$6,895$4,418$489
35 years$22,464$15,113$9,901$6,348$4,001$409
36 years$21,600$14,344$9,262$5,846$3,625$343
37 years$20,785$13,624$8,669$5,386$3,286$287
38 years$20,014$12,947$8,118$4,965$2,979$240
39 years$19,284$12,311$7,606$4,578$2,701$201
40 years$18,593$11,713$7,129$4,222$2,450$168
41 years$17,938$11,150$6,685$3,896$2,223$141
42 years$17,315$10,619$6,271$3,595$2,017$118
43 years$16,723$10,118$5,884$3,319$1,831$99
44 years$16,159$9,644$5,523$3,064$1,662$83
45 years$15,622$9,197$5,186$2,830$1,509$69
46 years$15,109$8,773$4,871$2,614$1,370$58
47 years$14,620$8,372$4,576$2,415$1,244$49
48 years$14,153$7,993$4,300$2,232$1,129$41
49 years$13,706$7,632$4,042$2,062$1,026$34
50 years$13,278$7,291$3,800$1,906$932$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $13,600,000, adding $4,075 every year, while hoping to spend $22,673 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: 59/35/6 Blend
67$13,600,000$13,600,000$13,600,000$13,600,000
68$14,991,403$14,270,603$14,059,803$15,858,078
69$16,496,403$14,945,739$14,506,683$17,114,433
70$18,154,152$15,653,196$14,967,773$18,480,663
71$19,980,208$16,394,535$15,443,526$19,969,675
72$21,991,713$17,171,391$15,934,408$21,593,241
73$24,207,557$17,985,480$16,440,900$23,364,305
74$26,648,558$18,838,598$16,963,500$25,297,092
75$29,337,653$19,732,631$17,502,719$27,407,240
76$32,300,120$20,669,557$18,059,087$29,711,942
77$35,563,815$21,651,448$18,633,149$32,230,105
78$39,159,433$22,680,478$19,225,469$34,982,519
79$43,120,800$23,758,925$19,836,626$37,992,050
80$47,485,189$24,889,181$20,467,221$41,283,848
81$52,293,678$26,073,750$21,117,872$44,885,577
82$57,591,529$27,315,260$21,789,218$48,827,672
83$63,428,625$28,616,467$22,481,916$53,143,617
84$69,859,931$29,980,260$23,196,646$57,870,254
85$76,946,020$31,409,669$23,934,110$63,048,121
86$84,753,642$32,907,871$24,695,031$68,721,830
87$93,356,355$34,478,198$25,480,155$74,940,474
88$102,835,215$36,124,142$26,290,253$81,758,088
89$113,279,550$37,849,368$27,126,119$89,234,143
90$124,787,794$39,657,717$27,988,574$97,434,101
91$137,468,421$41,553,217$28,878,464$106,430,022
92$151,440,969$43,540,094$29,796,661$116,301,232
93$166,837,166$45,622,776$30,744,067$127,135,060
94$183,802,176$47,805,911$31,721,612$139,027,652
95$202,495,966$50,094,369$32,730,255$152,084,865
96$223,094,821$52,493,259$33,770,985$166,423,251
97$245,793,003$55,007,940$34,844,823$182,171,149
98$270,804,590$57,644,029$35,952,825$199,469,873
99$298,365,490$60,407,418$37,096,077$218,475,039
100$328,735,675$63,304,287$38,275,700$239,358,012