Can I retire at age 74 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,047,255
2 years$555,978$545,623$535,588$525,858$516,421$479,293
3 years$366,970$356,571$346,561$336,922$327,638$291,777
4 years$272,485$262,117$252,208$242,734$233,674$199,354
5 years$215,808$205,503$195,723$186,443$177,636$144,947
6 years$178,036$167,809$158,174$149,100$140,557$109,526
7 years$151,067$140,926$131,443$122,583$114,310$84,931
8 years$130,849$120,799$111,474$102,832$94,832$67,081
9 years$115,133$105,177$96,013$87,590$79,862$53,705
10 years$102,567$92,709$83,706$75,503$68,046$43,441
11 years$92,292$82,533$73,693$65,711$58,522$35,419
12 years$83,736$74,077$65,401$57,637$50,714$29,060
13 years$76,502$66,944$58,431$50,885$44,224$23,962
14 years$70,307$60,850$52,501$45,170$38,766$19,838
15 years$64,942$55,588$47,401$40,284$34,133$16,478
16 years$60,253$51,001$42,976$36,070$30,167$13,723
17 years$56,120$46,970$39,107$32,408$26,748$11,454
18 years$52,450$43,402$35,699$29,206$23,783$9,577
19 years$49,170$40,225$32,681$26,390$21,198$8,020
20 years$46,222$37,379$29,993$23,902$18,935$6,725
21 years$43,558$34,817$27,588$21,692$16,944$5,644
22 years$41,140$32,500$25,426$19,723$15,188$4,742
23 years$38,935$30,397$23,477$17,962$13,634$3,986
24 years$36,917$28,480$21,712$16,383$12,254$3,353
25 years$35,063$26,727$20,110$14,962$11,027$2,822
26 years$33,354$25,119$18,651$13,680$9,933$2,376
27 years$31,775$23,640$17,319$12,522$8,955$2,001
28 years$30,311$22,276$16,100$11,473$8,080$1,686
29 years$28,951$21,015$14,983$10,521$7,296$1,421
30 years$27,684$19,846$13,956$9,655$6,593$1,198
31 years$26,500$18,761$13,010$8,868$5,961$1,010
32 years$25,393$17,752$12,139$8,150$5,392$851
33 years$24,356$16,811$11,334$7,494$4,880$718
34 years$23,381$15,933$10,590$6,895$4,418$606
35 years$22,464$15,113$9,901$6,348$4,001$511
36 years$21,600$14,344$9,262$5,846$3,625$431
37 years$20,785$13,624$8,669$5,386$3,286$363
38 years$20,014$12,947$8,118$4,965$2,979$307
39 years$19,284$12,311$7,606$4,578$2,701$259
40 years$18,593$11,713$7,129$4,222$2,450$218
41 years$17,938$11,150$6,685$3,896$2,223$184
42 years$17,315$10,619$6,271$3,595$2,017$155
43 years$16,723$10,118$5,884$3,319$1,831$131
44 years$16,159$9,644$5,523$3,064$1,662$111
45 years$15,622$9,197$5,186$2,830$1,509$93
46 years$15,109$8,773$4,871$2,614$1,370$79
47 years$14,620$8,372$4,576$2,415$1,244$66
48 years$14,153$7,993$4,300$2,232$1,129$56
49 years$13,706$7,632$4,042$2,062$1,026$47
50 years$13,278$7,291$3,800$1,906$932$40

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 $6,640 every year, while hoping to spend $26,479 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: 61/15/24 Blend
73$13,600,000$13,600,000$13,600,000$13,600,000
74$14,994,049$14,273,249$14,062,449$15,812,714
75$16,495,269$14,944,465$14,505,368$17,040,059
76$18,148,725$15,647,683$14,962,237$18,375,588
77$19,969,919$16,384,443$15,433,495$19,832,722
78$21,975,930$17,156,360$15,919,597$21,423,309
79$24,185,580$17,965,127$16,421,009$23,160,386
80$26,619,610$18,812,519$16,938,213$25,058,292
81$29,300,875$19,700,397$17,471,708$27,132,808
82$32,254,560$20,630,712$18,022,005$29,401,297
83$35,508,417$21,605,509$18,589,635$31,882,871
84$39,093,031$22,626,935$19,175,144$34,598,559
85$43,042,103$23,697,237$19,779,093$37,571,510
86$47,392,769$24,818,773$20,402,065$40,827,205
87$52,185,956$25,994,017$21,044,658$44,393,691
88$57,466,759$27,225,560$21,707,490$48,301,845
89$63,284,877$28,516,121$22,391,199$52,585,660
90$69,695,072$29,868,549$23,096,442$57,282,561
91$76,757,694$31,285,832$23,823,898$62,433,754
92$84,539,246$32,771,105$24,574,265$68,084,611
93$93,113,013$34,327,653$25,348,267$74,285,091
94$102,559,753$35,958,921$26,146,647$81,090,209
95$112,968,461$37,668,521$26,970,172$88,560,548
96$124,437,206$39,460,241$27,819,635$96,762,824
97$137,074,062$41,338,053$28,695,854$105,770,514
98$150,998,121$43,306,122$29,599,670$115,664,539
99$166,340,623$45,368,816$30,531,952$126,534,025
100$183,246,192$47,530,713$31,493,598$138,477,132