Can I retire at age 80 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,088,798
2 years$576,418$565,683$555,279$545,191$535,407$499,907
3 years$380,462$369,680$359,302$349,309$339,684$305,355
4 years$282,503$271,754$261,480$251,658$242,265$209,369
5 years$223,742$213,058$202,919$193,297$184,166$152,791
6 years$184,582$173,978$163,989$154,581$145,725$115,898
7 years$156,621$146,107$136,275$127,090$118,513$90,232
8 years$135,660$125,240$115,572$106,613$98,318$71,563
9 years$119,365$109,044$99,543$90,810$82,798$57,539
10 years$106,337$96,117$86,783$78,279$70,548$46,748
11 years$95,685$85,567$76,403$68,126$60,674$38,288
12 years$86,815$76,801$67,805$59,756$52,579$31,561
13 years$79,315$69,405$60,580$52,756$45,849$26,148
14 years$72,892$63,088$54,431$46,831$40,191$21,754
15 years$67,330$57,632$49,144$41,765$35,388$18,159
16 years$62,468$52,876$44,556$37,396$31,276$15,200
17 years$58,183$48,697$40,544$33,600$27,731$12,752
18 years$54,378$44,998$37,012$30,280$24,657$10,718
19 years$50,978$41,704$33,883$27,361$21,978$9,023
20 years$47,921$38,753$31,096$24,780$19,631$7,606
21 years$45,160$36,097$28,602$22,490$17,567$6,419
22 years$42,652$33,695$26,361$20,448$15,747$5,422
23 years$40,366$31,514$24,340$18,623$14,135$4,583
24 years$38,274$29,527$22,510$16,985$12,705$3,877
25 years$36,352$27,710$20,849$15,512$11,433$3,281
26 years$34,581$26,043$19,336$14,183$10,298$2,778
27 years$32,943$24,509$17,956$12,982$9,285$2,353
28 years$31,426$23,095$16,692$11,894$8,378$1,994
29 years$30,015$21,787$15,533$10,907$7,565$1,690
30 years$28,702$20,576$14,469$10,010$6,835$1,433
31 years$27,475$19,451$13,489$9,194$6,180$1,215
32 years$26,327$18,405$12,585$8,449$5,590$1,030
33 years$25,251$17,429$11,751$7,770$5,059$874
34 years$24,241$16,519$10,979$7,149$4,580$741
35 years$23,290$15,668$10,265$6,581$4,149$629
36 years$22,394$14,871$9,603$6,061$3,759$534
37 years$21,549$14,124$8,988$5,584$3,407$453
38 years$20,750$13,423$8,417$5,147$3,089$384
39 years$19,993$12,764$7,886$4,746$2,801$326
40 years$19,277$12,144$7,391$4,377$2,540$277
41 years$18,597$11,560$6,931$4,039$2,305$235
42 years$17,951$11,009$6,501$3,727$2,091$199
43 years$17,337$10,490$6,100$3,441$1,898$169
44 years$16,753$9,999$5,726$3,177$1,723$144
45 years$16,196$9,535$5,377$2,934$1,564$122
46 years$15,665$9,096$5,050$2,710$1,420$103
47 years$15,158$8,680$4,744$2,504$1,289$88
48 years$14,673$8,286$4,458$2,314$1,171$75
49 years$14,210$7,913$4,191$2,138$1,064$63
50 years$13,767$7,559$3,940$1,976$966$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $14,100,000, adding $2,884 every year, while hoping to spend $53,416 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: 43/29/28 Blend
79$14,100,000$14,100,000$14,100,000$14,100,000
80$15,541,175$14,793,875$14,575,325$16,082,393
81$17,069,540$15,461,941$15,006,764$17,138,740
82$18,752,009$16,160,951$15,450,866$18,277,276
83$20,604,243$16,892,367$15,907,999$19,509,889
84$22,643,500$17,657,717$16,378,541$20,845,332
85$24,888,796$18,458,604$16,862,881$22,293,217
86$27,361,085$19,296,708$17,361,420$23,864,100
87$30,083,458$20,173,788$17,874,570$25,569,576
88$33,081,356$21,091,689$18,402,753$27,422,386
89$36,382,815$22,052,343$18,946,406$29,436,528
90$40,018,729$23,057,775$19,505,978$31,627,388
91$44,023,139$24,110,105$20,081,928$34,011,876
92$48,433,558$25,211,559$20,674,731$36,608,580
93$53,291,322$26,364,466$21,284,875$39,437,939
94$58,641,980$27,571,268$21,912,861$42,522,425
95$64,535,725$28,834,524$22,559,206$45,886,750
96$71,027,869$30,156,916$23,224,439$49,558,094
97$78,179,361$31,541,254$23,909,107$53,566,351
98$86,057,365$32,990,484$24,613,771$57,944,406
99$94,735,892$34,507,693$25,339,008$62,728,437
100$104,296,500$36,096,117$26,085,412$67,958,246