Can I retire at age 74 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%14.7%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,055,637
2 years$551,890$541,611$531,650$521,992$512,623$491,680
3 years$364,272$353,949$344,013$334,445$325,229$304,868
4 years$270,481$260,190$250,353$240,949$231,956$212,333
5 years$214,222$203,992$194,284$185,072$176,329$157,500
6 years$176,727$166,575$157,011$148,003$139,524$121,509
7 years$149,956$139,889$130,477$121,682$113,470$96,275
8 years$129,887$119,911$110,654$102,076$94,134$77,754
9 years$114,286$104,404$95,307$86,946$79,275$63,699
10 years$101,812$92,027$83,091$74,948$67,546$52,759
11 years$91,613$81,926$73,152$65,227$58,092$44,077
12 years$83,120$73,533$64,920$57,213$50,341$37,078
13 years$75,940$66,452$58,002$50,511$43,898$31,366
14 years$69,790$60,403$52,115$44,838$38,481$26,656
15 years$64,465$55,179$47,053$39,987$33,882$22,739
16 years$59,810$50,626$42,660$35,804$29,945$19,459
17 years$55,707$46,625$38,819$32,170$26,551$16,697
18 years$52,064$43,083$35,437$28,992$23,608$14,359
19 years$48,809$39,929$32,441$26,196$21,042$12,372
20 years$45,882$37,104$29,772$23,726$18,795$10,677
21 years$43,238$34,561$27,385$21,533$16,820$9,228
22 years$40,837$32,261$25,239$19,578$15,077$7,984
23 years$38,649$30,173$23,304$17,830$13,534$6,915
24 years$36,645$28,271$21,552$16,262$12,164$5,995
25 years$34,805$26,531$19,962$14,852$10,946$5,201
26 years$33,109$24,934$18,514$13,580$9,860$4,515
27 years$31,542$23,466$17,192$12,430$8,889$3,922
28 years$30,089$22,112$15,982$11,388$8,021$3,408
29 years$28,738$20,860$14,872$10,443$7,243$2,963
30 years$27,480$19,700$13,853$9,584$6,544$2,577
31 years$26,306$18,623$12,915$8,802$5,917$2,242
32 years$25,207$17,621$12,050$8,090$5,352$1,951
33 years$24,177$16,688$11,251$7,439$4,844$1,698
34 years$23,209$15,816$10,512$6,845$4,385$1,478
35 years$22,299$15,001$9,828$6,301$3,972$1,287
36 years$21,441$14,239$9,194$5,803$3,599$1,121
37 years$20,632$13,523$8,605$5,347$3,262$977
38 years$19,867$12,852$8,059$4,928$2,957$851
39 years$19,143$12,221$7,550$4,544$2,682$741
40 years$18,457$11,627$7,077$4,191$2,432$646
41 years$17,806$11,068$6,636$3,867$2,207$563
42 years$17,187$10,541$6,224$3,569$2,002$490
43 years$16,600$10,043$5,841$3,294$1,817$427
44 years$16,040$9,573$5,483$3,042$1,649$372
45 years$15,507$9,129$5,148$2,809$1,497$325
46 years$14,998$8,709$4,835$2,595$1,360$283
47 years$14,513$8,311$4,543$2,397$1,235$247
48 years$14,049$7,934$4,269$2,215$1,121$215
49 years$13,605$7,576$4,012$2,047$1,018$187
50 years$13,181$7,237$3,772$1,892$925$163

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,500,000, adding $2,785 every year, while hoping to spend $26,822 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: 52/31/17 Blend
73$13,500,000$13,500,000$13,500,000$13,500,000
74$14,879,873$14,164,373$13,955,123$15,584,508
75$16,369,081$14,829,889$14,394,081$16,733,748
76$18,009,290$15,527,116$14,846,845$17,979,999
77$19,815,873$16,257,580$15,313,850$19,334,902
78$21,805,771$17,022,880$15,795,543$20,808,763
79$23,997,652$17,824,693$16,292,386$22,412,906
80$26,412,087$18,664,778$16,804,855$24,159,774
81$29,071,745$19,544,977$17,333,443$26,063,044
82$32,001,605$20,467,223$17,878,655$28,137,747
83$35,229,194$21,433,542$18,441,015$30,400,409
84$38,784,844$22,446,058$19,021,062$32,869,195
85$42,701,983$23,507,000$19,619,352$35,564,085
86$47,017,444$24,618,701$20,236,459$38,507,044
87$51,771,818$25,783,612$20,872,975$41,722,233
88$57,009,833$27,004,299$21,529,510$45,236,227
89$62,780,781$28,283,454$22,206,693$49,078,257
90$69,138,977$29,623,901$22,905,174$53,280,480
91$76,144,278$31,028,597$23,625,623$57,878,276
92$83,862,644$32,500,647$24,368,730$62,910,573
93$92,366,759$34,043,305$25,135,208$68,420,207
94$101,736,723$35,659,981$25,925,792$74,454,316
95$112,060,803$37,354,255$26,741,241$81,064,778
96$123,436,268$39,129,876$27,582,335$88,308,688
97$135,970,306$40,990,778$28,449,882$96,248,891
98$149,781,037$42,941,086$29,344,712$104,954,562
99$164,998,628$44,985,125$30,267,686$114,501,848
100$181,766,521$47,127,429$31,219,686$124,974,579