Can I retire at age 80 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,051,766
2 years$551,890$541,611$531,650$521,992$512,623$487,832
3 years$364,272$353,949$344,013$334,445$325,229$301,164
4 years$270,481$260,190$250,353$240,949$231,956$208,802
5 years$214,222$203,992$194,284$185,072$176,329$154,152
6 years$176,727$166,575$157,011$148,003$139,524$118,345
7 years$149,956$139,889$130,477$121,682$113,470$93,294
8 years$129,887$119,911$110,654$102,076$94,134$74,953
9 years$114,286$104,404$95,307$86,946$79,275$61,073
10 years$101,812$92,027$83,091$74,948$67,546$50,304
11 years$91,613$81,926$73,152$65,227$58,092$41,787
12 years$83,120$73,533$64,920$57,213$50,341$34,947
13 years$75,940$66,452$58,002$50,511$43,898$29,386
14 years$69,790$60,403$52,115$44,838$38,481$24,821
15 years$64,465$55,179$47,053$39,987$33,882$21,042
16 years$59,810$50,626$42,660$35,804$29,945$17,892
17 years$55,707$46,625$38,819$32,170$26,551$15,253
18 years$52,064$43,083$35,437$28,992$23,608$13,032
19 years$48,809$39,929$32,441$26,196$21,042$11,153
20 years$45,882$37,104$29,772$23,726$18,795$9,561
21 years$43,238$34,561$27,385$21,533$16,820$8,206
22 years$40,837$32,261$25,239$19,578$15,077$7,051
23 years$38,649$30,173$23,304$17,830$13,534$6,064
24 years$36,645$28,271$21,552$16,262$12,164$5,220
25 years$34,805$26,531$19,962$14,852$10,946$4,496
26 years$33,109$24,934$18,514$13,580$9,860$3,875
27 years$31,542$23,466$17,192$12,430$8,889$3,341
28 years$30,089$22,112$15,982$11,388$8,021$2,883
29 years$28,738$20,860$14,872$10,443$7,243$2,488
30 years$27,480$19,700$13,853$9,584$6,544$2,148
31 years$26,306$18,623$12,915$8,802$5,917$1,855
32 years$25,207$17,621$12,050$8,090$5,352$1,602
33 years$24,177$16,688$11,251$7,439$4,844$1,384
34 years$23,209$15,816$10,512$6,845$4,385$1,196
35 years$22,299$15,001$9,828$6,301$3,972$1,033
36 years$21,441$14,239$9,194$5,803$3,599$893
37 years$20,632$13,523$8,605$5,347$3,262$772
38 years$19,867$12,852$8,059$4,928$2,957$667
39 years$19,143$12,221$7,550$4,544$2,682$577
40 years$18,457$11,627$7,077$4,191$2,432$499
41 years$17,806$11,068$6,636$3,867$2,207$431
42 years$17,187$10,541$6,224$3,569$2,002$373
43 years$16,600$10,043$5,841$3,294$1,817$323
44 years$16,040$9,573$5,483$3,042$1,649$279
45 years$15,507$9,129$5,148$2,809$1,497$241
46 years$14,998$8,709$4,835$2,595$1,360$209
47 years$14,513$8,311$4,543$2,397$1,235$181
48 years$14,049$7,934$4,269$2,215$1,121$156
49 years$13,605$7,576$4,012$2,047$1,018$135
50 years$13,181$7,237$3,772$1,892$925$117

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $13,500,000, adding $5,953 every year, while hoping to spend $39,067 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: 47/31/22 Blend
79$13,500,000$13,500,000$13,500,000$13,500,000
80$14,883,141$14,167,641$13,958,391$15,489,035
81$16,359,654$14,820,288$14,384,430$16,566,247
82$17,985,462$15,503,606$14,823,432$17,730,434
83$19,775,752$16,219,055$15,275,790$18,993,302
84$21,747,259$16,968,169$15,741,909$20,364,108
85$23,918,422$17,752,552$16,222,205$21,853,020
86$26,309,562$18,573,888$16,717,110$23,471,208
87$28,943,069$19,433,940$17,227,065$25,230,944
88$31,843,616$20,334,557$17,752,526$27,145,710
89$35,038,393$21,277,678$18,293,963$29,230,327
90$38,557,358$22,265,334$18,851,860$31,501,084
91$42,433,527$23,299,654$19,426,716$33,975,884
92$46,703,280$24,382,870$20,019,044$36,674,415
93$51,406,706$25,517,322$20,629,373$39,618,320
94$56,587,982$26,705,463$21,258,249$42,831,403
95$62,295,788$27,949,862$21,906,233$46,339,840
96$68,583,770$29,253,216$22,573,902$50,172,426
97$75,511,040$30,618,350$23,261,854$54,360,830
98$83,142,741$32,048,224$23,970,701$58,939,897
99$91,550,658$33,545,944$24,701,076$63,947,958
100$100,813,893$35,114,764$25,453,631$69,427,193