Can I retire at age 80 with 13,800,000?

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 $13,800,000?

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$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,080,424
2 years$564,154$553,647$543,464$533,591$524,015$503,929
3 years$372,367$361,815$351,657$341,877$332,457$312,918
4 years$276,492$265,972$255,917$246,303$237,111$218,270
5 years$218,982$208,525$198,602$189,185$180,248$162,160
6 years$180,655$170,277$160,500$151,292$142,624$125,308
7 years$153,289$142,998$133,376$124,386$115,992$99,452
8 years$132,774$122,576$113,113$104,344$96,226$80,460
9 years$116,826$106,724$97,425$88,878$81,036$66,033
10 years$104,075$94,072$84,937$76,614$69,047$54,794
11 years$93,649$83,747$74,777$66,677$59,383$45,864
12 years$84,967$75,167$66,363$58,485$51,460$38,656
13 years$77,627$67,929$59,291$51,633$44,874$32,766
14 years$71,341$61,745$53,273$45,834$39,336$27,902
15 years$65,897$56,405$48,098$40,876$34,635$23,851
16 years$61,139$51,751$43,608$36,600$30,610$20,454
17 years$56,945$47,661$39,682$32,885$27,141$17,589
18 years$53,221$44,041$36,224$29,636$24,133$15,159
19 years$49,893$40,816$33,162$26,779$21,510$13,090
20 years$46,902$37,929$30,434$24,253$19,213$11,323
21 years$44,199$35,329$27,994$22,011$17,194$9,808
22 years$41,745$32,978$25,800$20,013$15,412$8,506
23 years$39,507$30,844$23,822$18,226$13,834$7,384
24 years$37,460$28,899$22,031$16,624$12,435$6,416
25 years$35,579$27,120$20,405$15,182$11,189$5,580
26 years$33,845$25,489$18,925$13,881$10,079$4,855
27 years$32,243$23,988$17,574$12,706$9,087$4,228
28 years$30,757$22,603$16,337$11,641$8,199$3,683
29 years$29,377$21,324$15,203$10,675$7,404$3,210
30 years$28,091$20,138$14,161$9,797$6,690$2,798
31 years$26,890$19,037$13,202$8,998$6,048$2,441
32 years$25,767$18,013$12,318$8,269$5,471$2,129
33 years$24,714$17,059$11,501$7,604$4,951$1,858
34 years$23,725$16,168$10,746$6,997$4,483$1,622
35 years$22,794$15,335$10,047$6,441$4,060$1,416
36 years$21,918$14,555$9,398$5,932$3,679$1,236
37 years$21,090$13,824$8,797$5,465$3,334$1,079
38 years$20,308$13,138$8,238$5,038$3,023$943
39 years$19,568$12,493$7,718$4,645$2,741$823
40 years$18,867$11,886$7,234$4,284$2,486$719
41 years$18,201$11,314$6,783$3,953$2,256$628
42 years$17,569$10,775$6,363$3,648$2,047$549
43 years$16,968$10,266$5,971$3,367$1,858$480
44 years$16,396$9,786$5,604$3,109$1,686$419
45 years$15,851$9,332$5,262$2,872$1,531$366
46 years$15,331$8,902$4,943$2,652$1,390$320
47 years$14,835$8,496$4,643$2,451$1,262$280
48 years$14,361$8,110$4,364$2,264$1,146$244
49 years$13,908$7,745$4,101$2,093$1,041$214
50 years$13,474$7,398$3,856$1,934$945$187

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $13,800,000, adding $2,515 every year, while hoping to spend $51,735 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: 60/30/10 Blend
79$13,800,000$13,800,000$13,800,000$13,800,000
80$15,210,194$14,478,794$14,264,894$16,087,528
81$16,706,588$15,133,210$14,687,723$17,331,156
82$18,353,881$15,817,957$15,122,982$18,680,957
83$20,167,409$16,534,469$15,571,033$20,151,996
84$22,164,071$17,284,245$16,032,250$21,755,957
85$24,362,490$18,068,857$16,507,014$23,505,686
86$26,783,185$18,889,952$16,995,720$25,415,312
87$29,448,767$19,749,256$17,498,773$27,500,368
88$32,384,148$20,648,577$18,016,590$29,777,941
89$35,616,785$21,589,810$18,549,599$32,266,823
90$39,176,928$22,574,942$19,098,241$34,987,689
91$43,097,913$23,606,053$19,662,971$37,963,282
92$47,416,475$24,685,324$20,244,255$41,218,625
93$52,173,091$25,815,041$20,842,573$44,781,250
94$57,412,366$26,997,597$21,458,419$48,681,457
95$63,183,452$28,235,505$22,092,301$52,952,585
96$69,540,512$29,531,392$22,744,741$57,631,331
97$76,543,232$30,888,018$23,416,277$62,758,081
98$84,257,380$32,308,270$24,107,462$68,377,289
99$92,755,435$33,795,176$24,818,863$74,537,888
100$102,117,260$35,351,911$25,551,066$81,293,745