Can I retire at age 80 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,047,711
2 years$539,626$529,576$519,835$510,392$501,232$496,310
3 years$356,177$346,083$336,368$327,013$318,002$313,187
4 years$264,470$254,408$244,790$235,594$226,802$222,130
5 years$209,461$199,459$189,967$180,959$172,411$167,897
6 years$172,800$162,873$153,521$144,714$136,423$132,072
7 years$146,624$136,781$127,577$118,978$110,948$106,763
8 years$127,001$117,246$108,195$99,807$92,042$88,023
9 years$111,746$102,084$93,189$85,014$77,513$73,658
10 years$99,550$89,982$81,244$73,283$66,045$62,354
11 years$89,578$80,106$71,526$63,778$56,801$53,270
12 years$81,273$71,899$63,477$55,942$49,222$45,850
13 years$74,252$64,975$56,713$49,388$42,923$39,705
14 years$68,239$59,061$50,957$43,841$37,626$34,559
15 years$63,032$53,953$46,007$39,099$33,129$30,209
16 years$58,481$49,501$41,712$35,009$29,279$26,503
17 years$54,469$45,589$37,956$31,455$25,961$23,324
18 years$50,907$42,126$34,649$28,347$23,083$20,582
19 years$47,724$39,042$31,720$25,614$20,575$18,203
20 years$44,863$36,280$29,111$23,199$18,378$16,132
21 years$42,277$33,793$26,776$21,054$16,446$14,322
22 years$39,930$31,544$24,679$19,143$14,742$12,735
23 years$37,790$29,503$22,786$17,434$13,233$11,338
24 years$35,831$27,642$21,073$15,901$11,894$10,107
25 years$34,032$25,941$19,518$14,522$10,703$9,019
26 years$32,373$24,380$18,102$13,278$9,641$8,055
27 years$30,841$22,945$16,809$12,153$8,692$7,201
28 years$29,420$21,621$15,627$11,135$7,843$6,441
29 years$28,100$20,397$14,542$10,211$7,082$5,766
30 years$26,869$19,262$13,545$9,371$6,399$5,164
31 years$25,721$18,209$12,628$8,607$5,785$4,628
32 years$24,647$17,230$11,782$7,910$5,233$4,149
33 years$23,639$16,317$11,001$7,274$4,736$3,721
34 years$22,693$15,465$10,279$6,693$4,288$3,339
35 years$21,803$14,668$9,610$6,161$3,884$2,997
36 years$20,965$13,922$8,990$5,674$3,519$2,690
37 years$20,173$13,223$8,414$5,228$3,189$2,416
38 years$19,425$12,566$7,880$4,819$2,891$2,170
39 years$18,717$11,949$7,382$4,443$2,622$1,950
40 years$18,046$11,369$6,919$4,098$2,378$1,752
41 years$17,410$10,822$6,488$3,781$2,158$1,574
42 years$16,806$10,307$6,086$3,489$1,958$1,415
43 years$16,231$9,820$5,711$3,221$1,777$1,272
44 years$15,683$9,361$5,361$2,974$1,613$1,144
45 years$15,162$8,926$5,034$2,747$1,464$1,029
46 years$14,665$8,515$4,728$2,537$1,329$925
47 years$14,190$8,126$4,442$2,344$1,207$832
48 years$13,737$7,757$4,174$2,166$1,096$748
49 years$13,303$7,408$3,923$2,002$996$673
50 years$12,888$7,076$3,688$1,850$904$606

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $13,200,000, adding $3,277 every year, while hoping to spend $31,781 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: 35/35/30 Blend
79$13,200,000$13,200,000$13,200,000$13,200,000
80$14,549,780$13,850,180$13,645,580$14,927,543
81$16,000,043$14,495,024$14,068,892$15,857,252
82$17,597,168$15,170,401$14,505,320$16,856,609
83$19,356,100$15,877,772$14,955,270$17,934,316
84$21,293,310$16,618,670$15,419,160$19,097,419
85$23,426,947$17,394,704$15,897,421$20,353,642
86$25,777,009$18,207,558$16,390,497$21,711,455
87$28,365,533$19,058,998$16,898,848$23,180,147
88$31,216,804$19,950,875$17,422,946$24,769,912
89$34,357,581$20,885,131$17,963,278$26,491,935
90$37,817,352$21,863,800$18,520,345$28,358,491
91$41,628,611$22,889,016$19,094,666$30,383,059
92$45,827,167$23,963,015$19,686,775$32,580,435
93$50,452,476$25,088,141$20,297,221$34,966,871
94$55,548,023$26,266,854$20,926,571$37,560,214
95$61,161,720$27,501,729$21,575,411$40,380,075
96$67,346,371$28,795,469$22,244,342$43,447,997
97$74,160,160$30,150,906$22,933,987$46,787,655
98$81,667,206$31,571,010$23,644,985$50,425,068
99$89,938,165$33,058,894$24,377,996$54,388,838
100$99,050,901$34,617,823$25,133,703$58,710,405