Can I retire at age 80 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,051,875
2 years$555,978$545,623$535,588$525,858$516,421$483,843
3 years$366,970$356,571$346,561$336,922$327,638$296,113
4 years$272,485$262,117$252,208$242,734$233,674$203,443
5 years$215,808$205,503$195,723$186,443$177,636$148,780
6 years$178,036$167,809$158,174$149,100$140,557$113,102
7 years$151,067$140,926$131,443$122,583$114,310$88,256
8 years$130,849$120,799$111,474$102,832$94,832$70,161
9 years$115,133$105,177$96,013$87,590$79,862$56,550
10 years$102,567$92,709$83,706$75,503$68,046$46,059
11 years$92,292$82,533$73,693$65,711$58,522$37,822
12 years$83,736$74,077$65,401$57,637$50,714$31,259
13 years$76,502$66,944$58,431$50,885$44,224$25,969
14 years$70,307$60,850$52,501$45,170$38,766$21,664
15 years$64,942$55,588$47,401$40,284$34,133$18,135
16 years$60,253$51,001$42,976$36,070$30,167$15,224
17 years$56,120$46,970$39,107$32,408$26,748$12,810
18 years$52,450$43,402$35,699$29,206$23,783$10,799
19 years$49,170$40,225$32,681$26,390$21,198$9,119
20 years$46,222$37,379$29,993$23,902$18,935$7,710
21 years$43,558$34,817$27,588$21,692$16,944$6,527
22 years$41,140$32,500$25,426$19,723$15,188$5,530
23 years$38,935$30,397$23,477$17,962$13,634$4,690
24 years$36,917$28,480$21,712$16,383$12,254$3,979
25 years$35,063$26,727$20,110$14,962$11,027$3,379
26 years$33,354$25,119$18,651$13,680$9,933$2,870
27 years$31,775$23,640$17,319$12,522$8,955$2,439
28 years$30,311$22,276$16,100$11,473$8,080$2,073
29 years$28,951$21,015$14,983$10,521$7,296$1,763
30 years$27,684$19,846$13,956$9,655$6,593$1,500
31 years$26,500$18,761$13,010$8,868$5,961$1,276
32 years$25,393$17,752$12,139$8,150$5,392$1,086
33 years$24,356$16,811$11,334$7,494$4,880$924
34 years$23,381$15,933$10,590$6,895$4,418$786
35 years$22,464$15,113$9,901$6,348$4,001$669
36 years$21,600$14,344$9,262$5,846$3,625$570
37 years$20,785$13,624$8,669$5,386$3,286$485
38 years$20,014$12,947$8,118$4,965$2,979$413
39 years$19,284$12,311$7,606$4,578$2,701$352
40 years$18,593$11,713$7,129$4,222$2,450$300
41 years$17,938$11,150$6,685$3,896$2,223$255
42 years$17,315$10,619$6,271$3,595$2,017$217
43 years$16,723$10,118$5,884$3,319$1,831$185
44 years$16,159$9,644$5,523$3,064$1,662$158
45 years$15,622$9,197$5,186$2,830$1,509$134
46 years$15,109$8,773$4,871$2,614$1,370$114
47 years$14,620$8,372$4,576$2,415$1,244$97
48 years$14,153$7,993$4,300$2,232$1,129$83
49 years$13,706$7,632$4,042$2,062$1,026$71
50 years$13,278$7,291$3,800$1,906$932$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $13,600,000, adding $3,628 every year, while hoping to spend $21,150 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: 38/43/19 Blend
79$13,600,000$13,600,000$13,600,000$13,600,000
80$14,990,942$14,270,142$14,059,342$15,474,955
81$16,497,515$14,946,876$14,507,827$16,500,906
82$18,157,049$15,656,060$14,970,627$17,606,669
83$19,985,125$16,399,264$15,448,199$18,801,257
84$21,998,910$17,178,130$15,941,016$20,092,695
85$24,217,323$17,994,383$16,449,565$21,489,778
86$26,661,212$18,849,829$16,974,347$23,002,149
87$29,353,549$19,746,365$17,515,882$24,640,386
88$32,319,652$20,685,977$18,074,704$26,416,091
89$35,587,416$21,670,750$18,651,366$28,341,996
90$39,187,583$22,702,867$19,246,438$30,432,071
91$43,154,030$23,784,622$19,860,507$32,701,651
92$47,524,089$24,918,416$20,494,182$35,167,572
93$52,338,896$26,106,768$21,148,087$37,848,321
94$57,643,785$27,352,322$21,822,870$40,764,200
95$63,488,712$28,657,846$22,519,197$43,937,510
96$69,928,728$30,026,248$23,237,756$47,392,748
97$77,024,496$31,460,572$23,979,259$51,156,832
98$84,842,868$32,964,013$24,744,438$55,259,342
99$93,457,513$34,539,923$25,534,049$59,732,788
100$102,949,613$36,191,813$26,348,874$64,612,903