Can I retire at age 74 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,054,535
2 years$560,066$549,635$539,526$529,725$520,218$482,404
3 years$369,668$359,193$349,109$339,400$330,048$293,530
4 years$274,488$264,045$254,062$244,518$235,393$200,451
5 years$217,395$207,014$197,163$187,814$178,942$145,667
6 years$179,346$169,043$159,337$150,196$141,591$110,010
7 years$152,178$141,962$132,410$123,484$115,151$85,258
8 years$131,811$121,687$112,294$103,588$95,529$67,299
9 years$115,979$105,951$96,719$88,234$80,449$53,847
10 years$103,321$93,390$84,321$76,059$68,547$43,528
11 years$92,971$83,140$74,235$66,194$58,952$35,467
12 years$84,352$74,622$65,882$58,061$51,087$29,080
13 years$77,065$67,437$58,861$51,259$44,549$23,962
14 years$70,824$61,298$52,887$45,502$39,051$19,825
15 years$65,420$55,997$47,750$40,580$34,384$16,455
16 years$60,696$51,376$43,292$36,335$30,388$13,694
17 years$56,533$47,315$39,394$32,647$26,945$11,421
18 years$52,836$43,721$35,962$29,421$23,958$9,543
19 years$49,532$40,521$32,921$26,584$21,354$7,985
20 years$46,562$37,654$30,214$24,077$19,074$6,690
21 years$43,878$35,073$27,791$21,852$17,069$5,611
22 years$41,442$32,739$25,613$19,868$15,300$4,710
23 years$39,221$30,620$23,649$18,094$13,734$3,956
24 years$37,188$28,689$21,872$16,503$12,345$3,325
25 years$35,321$26,924$20,258$15,072$11,108$2,796
26 years$33,600$25,304$18,788$13,781$10,006$2,353
27 years$32,009$23,814$17,446$12,614$9,021$1,980
28 years$30,534$22,440$16,219$11,557$8,140$1,667
29 years$29,164$21,169$15,093$10,598$7,350$1,404
30 years$27,887$19,992$14,058$9,726$6,641$1,182
31 years$26,695$18,899$13,106$8,933$6,004$996
32 years$25,580$17,882$12,228$8,210$5,431$839
33 years$24,535$16,935$11,418$7,549$4,915$707
34 years$23,553$16,051$10,668$6,946$4,450$596
35 years$22,629$15,224$9,974$6,394$4,031$502
36 years$21,759$14,449$9,330$5,889$3,652$423
37 years$20,937$13,724$8,733$5,426$3,310$357
38 years$20,161$13,042$8,178$5,001$3,001$301
39 years$19,426$12,402$7,662$4,611$2,721$253
40 years$18,730$11,800$7,182$4,253$2,468$214
41 years$18,070$11,232$6,734$3,924$2,239$180
42 years$17,442$10,697$6,317$3,622$2,032$152
43 years$16,845$10,192$5,927$3,343$1,844$128
44 years$16,278$9,715$5,564$3,087$1,674$108
45 years$15,736$9,264$5,224$2,851$1,520$91
46 years$15,220$8,838$4,907$2,633$1,380$77
47 years$14,728$8,434$4,610$2,433$1,253$65
48 years$14,257$8,051$4,332$2,248$1,138$55
49 years$13,807$7,689$4,072$2,078$1,033$46
50 years$13,376$7,344$3,828$1,920$939$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,700,000, adding $3,049 every year, while hoping to spend $22,930 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: 59/15/26 Blend
73$13,700,000$13,700,000$13,700,000$13,700,000
74$15,100,545$14,374,445$14,162,095$15,885,148
75$16,616,403$15,054,396$14,612,128$17,100,747
76$18,286,111$15,766,895$15,076,468$18,423,301
77$20,125,335$16,513,514$15,555,571$19,865,409
78$22,151,343$17,295,900$16,049,907$21,438,682
79$24,383,160$18,115,780$16,559,959$23,155,893
80$26,841,753$18,974,963$17,086,228$25,031,094
81$29,550,225$19,875,349$17,629,229$27,079,742
82$32,534,035$20,818,928$18,189,496$29,318,847
83$35,821,239$21,807,788$18,767,576$31,767,128
84$39,442,752$22,844,117$19,364,037$34,445,180
85$43,432,644$23,930,210$19,979,464$37,375,673
86$47,828,457$25,068,474$20,614,459$40,583,558
87$52,671,563$26,261,431$21,269,646$44,096,298
88$58,007,549$27,511,729$21,945,666$47,944,123
89$63,886,657$28,822,141$22,643,184$52,160,312
90$70,364,247$30,195,577$23,362,881$56,781,501
91$77,501,327$31,635,087$24,105,465$61,848,028
92$85,365,127$33,143,871$24,871,663$67,404,302
93$94,029,733$34,725,284$25,662,226$73,499,223
94$103,576,785$36,382,843$26,477,931$80,186,632
95$114,096,252$38,120,236$27,319,576$87,525,822
96$125,687,275$39,941,333$28,187,987$95,582,083
97$138,459,108$41,850,190$29,084,016$104,427,316
98$152,532,148$43,851,060$30,008,541$114,140,707
99$168,039,069$45,948,404$30,962,469$124,809,464
100$185,126,079$48,146,901$31,946,737$136,529,636