Can I retire at age 74 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,097,619
2 years$576,418$565,683$555,279$545,191$535,407$508,628
3 years$380,462$369,680$359,302$349,309$339,684$313,698
4 years$282,503$271,754$261,480$251,658$242,265$217,273
5 years$223,742$213,058$202,919$193,297$184,166$160,237
6 years$184,582$173,978$163,989$154,581$145,725$122,882
7 years$156,621$146,107$136,275$127,090$118,513$96,761
8 years$135,660$125,240$115,572$106,613$98,318$77,648
9 years$119,365$109,044$99,543$90,810$82,798$63,193
10 years$106,337$96,117$86,783$78,279$70,548$51,986
11 years$95,685$85,567$76,403$68,126$60,674$43,129
12 years$86,815$76,801$67,805$59,756$52,579$36,022
13 years$79,315$69,405$60,580$52,756$45,849$30,250
14 years$72,892$63,088$54,431$46,831$40,191$25,515
15 years$67,330$57,632$49,144$41,765$35,388$21,600
16 years$62,468$52,876$44,556$37,396$31,276$18,341
17 years$58,183$48,697$40,544$33,600$27,731$15,614
18 years$54,378$44,998$37,012$30,280$24,657$13,320
19 years$50,978$41,704$33,883$27,361$21,978$11,383
20 years$47,921$38,753$31,096$24,780$19,631$9,743
21 years$45,160$36,097$28,602$22,490$17,567$8,349
22 years$42,652$33,695$26,361$20,448$15,747$7,163
23 years$40,366$31,514$24,340$18,623$14,135$6,151
24 years$38,274$29,527$22,510$16,985$12,705$5,286
25 years$36,352$27,710$20,849$15,512$11,433$4,546
26 years$34,581$26,043$19,336$14,183$10,298$3,912
27 years$32,943$24,509$17,956$12,982$9,285$3,368
28 years$31,426$23,095$16,692$11,894$8,378$2,900
29 years$30,015$21,787$15,533$10,907$7,565$2,499
30 years$28,702$20,576$14,469$10,010$6,835$2,154
31 years$27,475$19,451$13,489$9,194$6,180$1,857
32 years$26,327$18,405$12,585$8,449$5,590$1,601
33 years$25,251$17,429$11,751$7,770$5,059$1,381
34 years$24,241$16,519$10,979$7,149$4,580$1,191
35 years$23,290$15,668$10,265$6,581$4,149$1,028
36 years$22,394$14,871$9,603$6,061$3,759$887
37 years$21,549$14,124$8,988$5,584$3,407$765
38 years$20,750$13,423$8,417$5,147$3,089$660
39 years$19,993$12,764$7,886$4,746$2,801$570
40 years$19,277$12,144$7,391$4,377$2,540$492
41 years$18,597$11,560$6,931$4,039$2,305$425
42 years$17,951$11,009$6,501$3,727$2,091$367
43 years$17,337$10,490$6,100$3,441$1,898$317
44 years$16,753$9,999$5,726$3,177$1,723$273
45 years$16,196$9,535$5,377$2,934$1,564$236
46 years$15,665$9,096$5,050$2,710$1,420$204
47 years$15,158$8,680$4,744$2,504$1,289$176
48 years$14,673$8,286$4,458$2,314$1,171$152
49 years$14,210$7,913$4,191$2,138$1,064$131
50 years$13,767$7,559$3,940$1,976$966$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $14,100,000, adding $5,839 every year, while hoping to spend $27,523 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: 40/46/14 Blend
73$14,100,000$14,100,000$14,100,000$14,100,000
74$15,544,223$14,796,923$14,578,373$16,100,936
75$17,100,449$15,492,688$15,037,464$17,191,483
76$18,814,489$16,221,623$15,511,012$18,367,352
77$20,702,408$16,985,324$15,999,473$19,638,803
78$22,781,914$17,785,465$16,503,316$21,014,517
79$25,072,517$18,623,801$17,023,025$22,504,011
80$27,595,718$19,502,171$17,559,100$24,117,722
81$30,375,207$20,422,504$18,112,056$25,867,099
82$33,437,094$21,386,822$18,682,425$27,764,703
83$36,810,146$22,397,245$19,270,756$29,824,318
84$40,526,068$23,455,997$19,877,613$32,061,073
85$44,619,795$24,565,408$20,503,580$34,491,577
86$49,129,823$25,727,923$21,149,260$37,134,067
87$54,098,577$26,946,103$21,815,272$40,008,568
88$59,572,806$28,222,636$22,502,258$43,137,077
89$65,604,025$29,560,339$23,210,877$46,543,757
90$72,249,005$30,962,164$23,941,810$50,255,157
91$79,570,304$32,431,211$24,695,761$54,300,448
92$87,636,860$33,970,725$25,473,454$58,711,691
93$96,524,643$35,584,113$26,275,637$63,524,124
94$106,317,366$37,274,945$27,103,081$68,776,483
95$117,107,285$39,046,965$27,956,582$74,511,356
96$128,996,060$40,904,098$28,836,960$80,775,568
97$142,095,721$42,850,462$29,745,061$87,620,610
98$156,529,723$44,890,372$30,681,758$95,103,111
99$172,434,110$47,028,356$31,647,952$103,285,354
100$189,958,802$49,269,159$32,644,572$112,235,849