Can I retire at age 74 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,086,470
2 years$568,242$557,659$547,403$537,458$527,812$505,806
3 years$375,065$364,436$354,206$344,355$334,866$313,474
4 years$278,495$267,899$257,771$248,088$238,829$218,217
5 years$220,569$210,036$200,041$190,555$181,554$161,780
6 years$181,964$171,510$161,663$152,389$143,658$124,743
7 years$154,399$144,034$134,343$125,287$116,832$98,782
8 years$133,736$123,464$113,933$105,100$96,923$79,732
9 years$117,672$107,498$98,131$89,522$81,624$65,280
10 years$104,829$94,754$85,552$77,169$69,547$54,036
11 years$94,328$84,354$75,319$67,160$59,813$45,115
12 years$85,583$75,711$66,844$58,908$51,833$37,927
13 years$78,190$68,421$59,720$52,007$45,199$32,063
14 years$71,858$62,193$53,659$46,166$39,621$27,229
15 years$66,375$56,814$48,447$41,172$34,886$23,212
16 years$61,582$52,126$43,924$36,865$30,832$19,850
17 years$57,358$48,006$39,969$33,123$27,338$17,020
18 years$53,607$44,360$36,487$29,851$24,308$14,626
19 years$50,255$41,112$33,402$26,973$21,666$12,593
20 years$47,242$38,203$30,655$24,429$19,352$10,860
21 years$44,519$35,585$28,196$22,171$17,318$9,378
22 years$42,047$33,217$25,987$20,158$15,523$8,108
23 years$39,794$31,067$23,995$18,359$13,935$7,017
24 years$37,731$29,108$22,191$16,744$12,525$6,078
25 years$35,836$27,317$20,553$15,292$11,270$5,269
26 years$34,090$25,673$19,062$13,982$10,152$4,570
27 years$32,476$24,161$17,701$12,798$9,153$3,967
28 years$30,980$22,767$16,455$11,726$8,259$3,444
29 years$29,590$21,478$15,313$10,753$7,457$2,992
30 years$28,294$20,284$14,264$9,868$6,738$2,600
31 years$27,085$19,175$13,297$9,063$6,092$2,260
32 years$25,954$18,144$12,407$8,329$5,511$1,965
33 years$24,893$17,182$11,584$7,660$4,987$1,709
34 years$23,897$16,285$10,824$7,047$4,515$1,487
35 years$22,960$15,446$10,119$6,488$4,090$1,294
36 years$22,076$14,660$9,466$5,975$3,705$1,126
37 years$21,243$13,924$8,860$5,505$3,358$980
38 years$20,455$13,233$8,297$5,074$3,045$853
39 years$19,710$12,583$7,774$4,679$2,761$742
40 years$19,003$11,972$7,286$4,315$2,504$646
41 years$18,333$11,396$6,832$3,981$2,272$563
42 years$17,697$10,853$6,409$3,674$2,062$490
43 years$17,091$10,341$6,014$3,392$1,871$427
44 years$16,515$9,857$5,645$3,132$1,698$371
45 years$15,966$9,400$5,301$2,892$1,542$323
46 years$15,442$8,967$4,978$2,672$1,400$282
47 years$14,943$8,557$4,677$2,468$1,271$245
48 years$14,465$8,169$4,395$2,281$1,154$214
49 years$14,008$7,801$4,131$2,108$1,048$186
50 years$13,571$7,452$3,884$1,948$952$162

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,900,000, adding $3,926 every year, while hoping to spend $48,910 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: 43/42/15 Blend
73$13,900,000$13,900,000$13,900,000$13,900,000
74$15,321,850$14,585,150$14,369,700$15,913,718
75$16,832,638$15,247,782$14,799,045$16,992,019
76$18,495,888$15,941,244$15,241,134$18,154,341
77$20,327,099$16,666,995$15,696,342$19,412,516
78$22,343,349$17,426,564$16,165,055$20,775,370
79$24,563,457$18,221,552$16,647,671$22,252,589
80$27,008,161$19,053,639$17,144,599$23,854,802
81$29,700,310$19,924,584$17,656,260$25,593,678
82$32,665,084$20,836,231$18,183,087$27,482,028
83$35,930,228$21,790,512$18,725,526$29,533,919
84$39,526,316$22,789,452$19,284,035$31,764,803
85$43,487,038$23,835,173$19,859,088$34,191,653
86$47,849,518$24,929,898$20,451,170$36,833,114
87$52,654,665$26,075,960$21,060,780$39,709,678
88$57,947,559$27,275,800$21,688,435$42,843,862
89$63,777,875$28,531,979$22,334,662$46,260,415
90$70,200,353$29,847,180$23,000,008$49,986,542
91$77,275,313$31,224,216$23,685,032$54,052,155
92$85,069,226$32,666,034$24,390,312$58,490,138
93$93,655,342$34,175,724$25,116,442$63,336,655
94$103,114,376$35,756,524$25,864,032$68,631,476
95$113,535,277$37,411,829$26,633,712$74,418,343
96$125,016,062$39,145,194$27,426,127$80,745,370
97$137,664,742$40,960,351$28,241,945$87,665,486
98$151,600,345$42,861,207$29,081,849$95,236,921
99$166,954,034$44,851,860$29,946,545$103,523,744
100$183,870,348$46,936,604$30,836,757$112,596,450