Can I retire at age 74 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%18.2%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,048,509
2 years$555,978$545,623$535,588$525,858$516,421$480,527
3 years$366,970$356,571$346,561$336,922$327,638$292,951
4 years$272,485$262,117$252,208$242,734$233,674$200,460
5 years$215,808$205,503$195,723$186,443$177,636$145,982
6 years$178,036$167,809$158,174$149,100$140,557$110,489
7 years$151,067$140,926$131,443$122,583$114,310$85,825
8 years$130,849$120,799$111,474$102,832$94,832$67,907
9 years$115,133$105,177$96,013$87,590$79,862$54,467
10 years$102,567$92,709$83,706$75,503$68,046$44,140
11 years$92,292$82,533$73,693$65,711$58,522$36,060
12 years$83,736$74,077$65,401$57,637$50,714$29,645
13 years$76,502$66,944$58,431$50,885$44,224$24,494
14 years$70,307$60,850$52,501$45,170$38,766$20,321
15 years$64,942$55,588$47,401$40,284$34,133$16,915
16 years$60,253$51,001$42,976$36,070$30,167$14,118
17 years$56,120$46,970$39,107$32,408$26,748$11,809
18 years$52,450$43,402$35,699$29,206$23,783$9,897
19 years$49,170$40,225$32,681$26,390$21,198$8,306
20 years$46,222$37,379$29,993$23,902$18,935$6,981
21 years$43,558$34,817$27,588$21,692$16,944$5,873
22 years$41,140$32,500$25,426$19,723$15,188$4,945
23 years$38,935$30,397$23,477$17,962$13,634$4,167
24 years$36,917$28,480$21,712$16,383$12,254$3,514
25 years$35,063$26,727$20,110$14,962$11,027$2,964
26 years$33,354$25,119$18,651$13,680$9,933$2,502
27 years$31,775$23,640$17,319$12,522$8,955$2,112
28 years$30,311$22,276$16,100$11,473$8,080$1,784
29 years$28,951$21,015$14,983$10,521$7,296$1,507
30 years$27,684$19,846$13,956$9,655$6,593$1,274
31 years$26,500$18,761$13,010$8,868$5,961$1,076
32 years$25,393$17,752$12,139$8,150$5,392$910
33 years$24,356$16,811$11,334$7,494$4,880$769
34 years$23,381$15,933$10,590$6,895$4,418$650
35 years$22,464$15,113$9,901$6,348$4,001$550
36 years$21,600$14,344$9,262$5,846$3,625$465
37 years$20,785$13,624$8,669$5,386$3,286$393
38 years$20,014$12,947$8,118$4,965$2,979$333
39 years$19,284$12,311$7,606$4,578$2,701$281
40 years$18,593$11,713$7,129$4,222$2,450$238
41 years$17,938$11,150$6,685$3,896$2,223$201
42 years$17,315$10,619$6,271$3,595$2,017$170
43 years$16,723$10,118$5,884$3,319$1,831$144
44 years$16,159$9,644$5,523$3,064$1,662$122
45 years$15,622$9,197$5,186$2,830$1,509$103
46 years$15,109$8,773$4,871$2,614$1,370$87
47 years$14,620$8,372$4,576$2,415$1,244$74
48 years$14,153$7,993$4,300$2,232$1,129$62
49 years$13,706$7,632$4,042$2,062$1,026$53
50 years$13,278$7,291$3,800$1,906$932$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,600,000, adding $3,573 every year, while hoping to spend $48,528 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: 61/21/18 Blend
73$13,600,000$13,600,000$13,600,000$13,600,000
74$14,990,886$14,270,086$14,059,286$15,835,890
75$16,468,322$14,917,686$14,478,638$17,054,069
76$18,094,831$15,595,393$14,910,413$18,377,184
77$19,885,567$16,304,630$15,354,974$19,820,023
78$21,857,226$17,046,889$15,812,698$21,394,211
79$24,028,210$17,823,733$16,283,970$23,112,532
80$26,418,793$18,636,801$16,769,188$24,989,050
81$29,051,317$19,487,811$17,268,762$27,039,239
82$31,950,398$20,378,561$17,783,113$29,280,121
83$35,143,165$21,310,937$18,312,674$31,730,429
84$38,659,510$22,286,915$18,857,890$34,410,775
85$42,532,372$23,308,565$19,419,222$37,343,843
86$46,798,048$24,378,059$19,997,139$40,554,598
87$51,496,535$25,497,670$20,592,130$44,070,520
88$56,671,908$26,669,782$21,204,693$47,921,854
89$62,372,735$27,896,894$21,835,342$52,141,896
90$68,652,535$29,181,624$22,484,608$56,767,296
91$75,570,286$30,526,715$23,153,034$61,838,407
92$83,190,975$31,935,044$23,841,181$67,399,654
93$91,586,219$33,409,626$24,549,625$73,499,948
94$100,834,936$34,953,620$25,278,959$80,193,148
95$111,024,089$36,570,337$26,029,795$87,538,556
96$122,249,512$38,263,249$26,802,759$95,601,474
97$134,616,809$40,035,995$27,598,497$104,453,812
98$148,242,352$41,892,387$28,417,676$114,174,764
99$163,254,381$43,836,424$29,260,977$124,851,542
100$179,794,213$45,872,294$30,129,105$136,580,197