Can I retire at age 74 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,093,955
2 years$564,154$553,647$543,464$533,591$524,015$517,481
3 years$372,367$361,815$351,657$341,877$332,457$326,067
4 years$276,492$265,972$255,917$246,303$237,111$230,916
5 years$218,982$208,525$198,602$189,185$180,248$174,265
6 years$180,655$170,277$160,500$151,292$142,624$136,861
7 years$153,289$142,998$133,376$124,386$115,992$110,451
8 years$132,774$122,576$113,113$104,344$96,226$90,909
9 years$116,826$106,724$97,425$88,878$81,036$75,941
10 years$104,075$94,072$84,937$76,614$69,047$64,171
11 years$93,649$83,747$74,777$66,677$59,383$54,723
12 years$84,967$75,167$66,363$58,485$51,460$47,012
13 years$77,627$67,929$59,291$51,633$44,874$40,633
14 years$71,341$61,745$53,273$45,834$39,336$35,298
15 years$65,897$56,405$48,098$40,876$34,635$30,794
16 years$61,139$51,751$43,608$36,600$30,610$26,961
17 years$56,945$47,661$39,682$32,885$27,141$23,679
18 years$53,221$44,041$36,224$29,636$24,133$20,850
19 years$49,893$40,816$33,162$26,779$21,510$18,402
20 years$46,902$37,929$30,434$24,253$19,213$16,273
21 years$44,199$35,329$27,994$22,011$17,194$14,415
22 years$41,745$32,978$25,800$20,013$15,412$12,789
23 years$39,507$30,844$23,822$18,226$13,834$11,361
24 years$37,460$28,899$22,031$16,624$12,435$10,104
25 years$35,579$27,120$20,405$15,182$11,189$8,995
26 years$33,845$25,489$18,925$13,881$10,079$8,016
27 years$32,243$23,988$17,574$12,706$9,087$7,148
28 years$30,757$22,603$16,337$11,641$8,199$6,379
29 years$29,377$21,324$15,203$10,675$7,404$5,697
30 years$28,091$20,138$14,161$9,797$6,690$5,090
31 years$26,890$19,037$13,202$8,998$6,048$4,550
32 years$25,767$18,013$12,318$8,269$5,471$4,069
33 years$24,714$17,059$11,501$7,604$4,951$3,641
34 years$23,725$16,168$10,746$6,997$4,483$3,258
35 years$22,794$15,335$10,047$6,441$4,060$2,917
36 years$21,918$14,555$9,398$5,932$3,679$2,612
37 years$21,090$13,824$8,797$5,465$3,334$2,340
38 years$20,308$13,138$8,238$5,038$3,023$2,097
39 years$19,568$12,493$7,718$4,645$2,741$1,879
40 years$18,867$11,886$7,234$4,284$2,486$1,684
41 years$18,201$11,314$6,783$3,953$2,256$1,510
42 years$17,569$10,775$6,363$3,648$2,047$1,353
43 years$16,968$10,266$5,971$3,367$1,858$1,214
44 years$16,396$9,786$5,604$3,109$1,686$1,088
45 years$15,851$9,332$5,262$2,872$1,531$976
46 years$15,331$8,902$4,943$2,652$1,390$875
47 years$14,835$8,496$4,643$2,451$1,262$785
48 years$14,361$8,110$4,364$2,264$1,146$704
49 years$13,908$7,745$4,101$2,093$1,041$632
50 years$13,474$7,398$3,856$1,934$945$567

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,800,000, adding $4,218 every year, while hoping to spend $51,543 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: 29/49/22 Blend
73$13,800,000$13,800,000$13,800,000$13,800,000
74$15,211,951$14,480,551$14,266,651$15,548,126
75$16,708,729$15,135,257$14,689,742$16,462,798
76$18,356,450$15,820,315$15,125,280$17,440,638
77$20,170,457$16,537,160$15,573,626$18,490,873
78$22,167,655$17,287,292$16,035,154$19,619,762
79$24,366,671$18,072,284$16,510,246$20,834,155
80$26,788,031$18,893,786$16,999,299$22,141,548
81$29,454,352$19,753,524$17,502,718$23,550,151
82$32,390,558$20,653,308$18,020,921$25,068,952
83$35,624,110$21,595,035$18,554,337$26,707,801
84$39,185,270$22,580,693$19,103,408$28,477,492
85$43,107,385$23,612,364$19,668,590$30,389,855
86$47,427,200$24,692,232$20,250,349$32,457,863
87$52,185,206$25,822,583$20,849,168$34,695,740
88$57,426,023$27,005,815$21,465,540$37,119,091
89$63,198,817$28,244,440$22,099,976$39,745,035
90$69,557,770$29,541,091$22,752,999$42,592,361
91$76,562,585$30,898,527$23,425,147$45,681,690
92$84,279,054$32,319,640$24,116,974$49,035,659
93$92,779,676$33,807,461$24,829,051$52,679,126
94$102,144,342$35,365,166$25,561,964$56,639,388
95$112,461,090$36,996,084$26,316,315$60,946,429
96$123,826,935$38,703,705$27,092,724$65,633,188
97$136,348,782$40,491,687$27,891,830$70,735,855
98$150,144,439$42,363,861$28,714,288$76,294,198
99$165,343,728$44,324,247$29,560,773$82,351,925
100$182,089,709$46,377,055$30,431,979$88,957,077