Can I retire at age 80 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,053,696
2 years$560,066$549,635$539,526$529,725$520,218$481,579
3 years$369,668$359,193$349,109$339,400$330,048$292,747
4 years$274,488$264,045$254,062$244,518$235,393$199,714
5 years$217,395$207,014$197,163$187,814$178,942$144,979
6 years$179,346$169,043$159,337$150,196$141,591$109,369
7 years$152,178$141,962$132,410$123,484$115,151$84,665
8 years$131,811$121,687$112,294$103,588$95,529$66,752
9 years$115,979$105,951$96,719$88,234$80,449$53,344
10 years$103,321$93,390$84,321$76,059$68,547$43,067
11 years$92,971$83,140$74,235$66,194$58,952$35,046
12 years$84,352$74,622$65,882$58,061$51,087$28,697
13 years$77,065$67,437$58,861$51,259$44,549$23,614
14 years$70,824$61,298$52,887$45,502$39,051$19,509
15 years$65,420$55,997$47,750$40,580$34,384$16,170
16 years$60,696$51,376$43,292$36,335$30,388$13,437
17 years$56,533$47,315$39,394$32,647$26,945$11,191
18 years$52,836$43,721$35,962$29,421$23,958$9,336
19 years$49,532$40,521$32,921$26,584$21,354$7,801
20 years$46,562$37,654$30,214$24,077$19,074$6,526
21 years$43,878$35,073$27,791$21,852$17,069$5,464
22 years$41,442$32,739$25,613$19,868$15,300$4,580
23 years$39,221$30,620$23,649$18,094$13,734$3,841
24 years$37,188$28,689$21,872$16,503$12,345$3,223
25 years$35,321$26,924$20,258$15,072$11,108$2,706
26 years$33,600$25,304$18,788$13,781$10,006$2,273
27 years$32,009$23,814$17,446$12,614$9,021$1,910
28 years$30,534$22,440$16,219$11,557$8,140$1,605
29 years$29,164$21,169$15,093$10,598$7,350$1,349
30 years$27,887$19,992$14,058$9,726$6,641$1,135
31 years$26,695$18,899$13,106$8,933$6,004$954
32 years$25,580$17,882$12,228$8,210$5,431$803
33 years$24,535$16,935$11,418$7,549$4,915$675
34 years$23,553$16,051$10,668$6,946$4,450$568
35 years$22,629$15,224$9,974$6,394$4,031$478
36 years$21,759$14,449$9,330$5,889$3,652$402
37 years$20,937$13,724$8,733$5,426$3,310$338
38 years$20,161$13,042$8,178$5,001$3,001$285
39 years$19,426$12,402$7,662$4,611$2,721$240
40 years$18,730$11,800$7,182$4,253$2,468$202
41 years$18,070$11,232$6,734$3,924$2,239$170
42 years$17,442$10,697$6,317$3,622$2,032$143
43 years$16,845$10,192$5,927$3,343$1,844$120
44 years$16,278$9,715$5,564$3,087$1,674$101
45 years$15,736$9,264$5,224$2,851$1,520$85
46 years$15,220$8,838$4,907$2,633$1,380$72
47 years$14,728$8,434$4,610$2,433$1,253$60
48 years$14,257$8,051$4,332$2,248$1,138$51
49 years$13,807$7,689$4,072$2,078$1,033$43
50 years$13,376$7,344$3,828$1,920$939$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $13,700,000, adding $2,336 every year, while hoping to spend $29,732 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: 59/36/5 Blend
79$13,700,000$13,700,000$13,700,000$13,700,000
80$15,099,810$14,373,710$14,161,360$15,977,279
81$16,608,356$15,046,387$14,604,131$17,237,721
82$18,269,777$15,751,029$15,060,738$18,607,719
83$20,099,635$16,489,170$15,531,614$20,100,623
84$22,115,078$17,262,420$16,017,203$21,728,211
85$24,335,004$18,072,466$16,517,967$23,503,431
86$26,780,233$18,921,076$17,034,378$25,440,515
87$29,473,712$19,810,104$17,566,925$27,555,106
88$32,440,726$20,741,494$18,116,112$29,864,403
89$35,709,137$21,717,284$18,682,458$32,387,321
90$39,309,648$22,739,611$19,266,501$35,144,655
91$43,276,095$23,810,714$19,868,791$38,159,279
92$47,645,760$24,932,943$20,489,899$41,456,350
93$52,459,730$26,108,759$21,130,413$45,063,542
94$57,763,279$27,340,744$21,790,938$49,011,298
95$63,606,298$28,631,606$22,472,099$53,333,110
96$70,043,767$29,984,181$23,174,541$58,065,832
97$77,136,271$31,401,446$23,898,928$63,250,011
98$84,950,574$32,886,520$24,645,945$68,930,270
99$93,560,247$34,442,674$25,416,299$75,155,715
100$103,046,366$36,073,338$26,210,718$81,980,394