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%14.4%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,064,765
2 years$555,978$545,623$535,588$525,858$516,421$496,626
3 years$366,970$356,571$346,561$336,922$327,638$308,383
4 years$272,485$262,117$252,208$242,734$233,674$215,107
5 years$215,808$205,503$195,723$186,443$177,636$159,809
6 years$178,036$167,809$158,174$149,100$140,557$123,492
7 years$151,067$140,926$131,443$122,583$114,310$98,011
8 years$130,849$120,799$111,474$102,832$94,832$79,294
9 years$115,133$105,177$96,013$87,590$79,862$65,076
10 years$102,567$92,709$83,706$75,503$68,046$54,000
11 years$92,292$82,533$73,693$65,711$58,522$45,199
12 years$83,736$74,077$65,401$57,637$50,714$38,096
13 years$76,502$66,944$58,431$50,885$44,224$32,291
14 years$70,307$60,850$52,501$45,170$38,766$27,497
15 years$64,942$55,588$47,401$40,284$34,133$23,506
16 years$60,253$51,001$42,976$36,070$30,167$20,158
17 years$56,120$46,970$39,107$32,408$26,748$17,334
18 years$52,450$43,402$35,699$29,206$23,783$14,939
19 years$49,170$40,225$32,681$26,390$21,198$12,900
20 years$46,222$37,379$29,993$23,902$18,935$11,158
21 years$43,558$34,817$27,588$21,692$16,944$9,665
22 years$41,140$32,500$25,426$19,723$15,188$8,382
23 years$38,935$30,397$23,477$17,962$13,634$7,277
24 years$36,917$28,480$21,712$16,383$12,254$6,323
25 years$35,063$26,727$20,110$14,962$11,027$5,499
26 years$33,354$25,119$18,651$13,680$9,933$4,785
27 years$31,775$23,640$17,319$12,522$8,955$4,166
28 years$30,311$22,276$16,100$11,473$8,080$3,630
29 years$28,951$21,015$14,983$10,521$7,296$3,163
30 years$27,684$19,846$13,956$9,655$6,593$2,758
31 years$26,500$18,761$13,010$8,868$5,961$2,405
32 years$25,393$17,752$12,139$8,150$5,392$2,098
33 years$24,356$16,811$11,334$7,494$4,880$1,831
34 years$23,381$15,933$10,590$6,895$4,418$1,598
35 years$22,464$15,113$9,901$6,348$4,001$1,395
36 years$21,600$14,344$9,262$5,846$3,625$1,218
37 years$20,785$13,624$8,669$5,386$3,286$1,064
38 years$20,014$12,947$8,118$4,965$2,979$929
39 years$19,284$12,311$7,606$4,578$2,701$812
40 years$18,593$11,713$7,129$4,222$2,450$709
41 years$17,938$11,150$6,685$3,896$2,223$619
42 years$17,315$10,619$6,271$3,595$2,017$541
43 years$16,723$10,118$5,884$3,319$1,831$473
44 years$16,159$9,644$5,523$3,064$1,662$413
45 years$15,622$9,197$5,186$2,830$1,509$361
46 years$15,109$8,773$4,871$2,614$1,370$315
47 years$14,620$8,372$4,576$2,415$1,244$276
48 years$14,153$7,993$4,300$2,232$1,129$241
49 years$13,706$7,632$4,042$2,062$1,026$211
50 years$13,278$7,291$3,800$1,906$932$184

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 $2,432 every year, while hoping to spend $57,952 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: 52/32/16 Blend
79$13,600,000$13,600,000$13,600,000$13,600,000
80$14,989,709$14,268,909$14,058,109$15,703,953
81$16,456,998$14,906,425$14,467,395$16,831,203
82$18,072,009$15,573,237$14,888,450$18,050,274
83$19,849,748$16,270,719$15,321,607$19,374,896
84$21,806,750$17,000,311$15,767,207$20,815,083
85$23,961,233$17,763,522$16,225,604$22,381,841
86$26,333,276$18,561,931$16,697,159$24,087,266
87$28,944,999$19,397,194$17,182,242$25,944,650
88$31,820,777$20,271,046$17,681,236$27,968,607
89$34,987,472$21,185,303$18,194,533$30,175,206
90$38,474,681$22,141,869$18,722,536$32,582,111
91$42,315,017$23,142,739$19,265,660$35,208,750
92$46,544,419$24,190,004$19,824,330$38,076,490
93$51,202,488$25,285,852$20,398,983$41,208,832
94$56,332,862$26,432,579$20,990,069$44,631,625
95$61,983,627$27,632,589$21,598,050$48,373,310
96$68,207,772$28,888,400$22,223,399$52,465,175
97$75,063,687$30,202,654$22,866,605$56,941,647
98$82,615,715$31,578,116$23,528,169$61,840,608
99$90,934,759$33,017,685$24,208,603$67,203,748
100$100,098,951$34,524,398$24,908,438$73,076,946