Can I retire at age 80 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,120,135
2 years$592,771$581,731$571,031$560,658$550,595$514,531
3 years$391,255$380,167$369,495$359,219$349,320$314,439
4 years$290,517$279,463$268,898$258,797$249,138$215,707
5 years$230,090$219,103$208,676$198,781$189,391$157,499
6 years$189,818$178,914$168,641$158,967$149,859$119,534
7 years$161,064$150,252$140,141$130,695$121,875$93,116
8 years$139,508$128,793$118,851$109,637$101,107$73,894
9 years$122,752$112,138$102,366$93,386$85,147$59,450
10 years$109,354$98,844$89,245$80,500$72,549$48,330
11 years$98,400$87,995$78,570$70,059$62,395$39,610
12 years$89,277$78,980$69,729$61,451$54,070$32,672
13 years$81,565$71,374$62,298$54,252$47,150$27,087
14 years$74,959$64,877$55,975$48,159$41,332$22,551
15 years$69,240$59,267$50,538$42,949$36,392$18,837
16 years$64,240$54,376$45,820$38,457$32,163$15,779
17 years$59,834$50,078$41,695$34,553$28,518$13,247
18 years$55,921$46,275$38,062$31,139$25,357$11,143
19 years$52,424$42,887$34,844$28,137$22,601$9,388
20 years$49,281$39,852$31,978$25,483$20,188$7,920
21 years$46,441$37,121$29,413$23,128$18,066$6,689
22 years$43,862$34,651$27,109$21,028$16,193$5,654
23 years$41,511$32,408$25,030$19,151$14,536$4,783
24 years$39,360$30,365$23,149$17,467$13,065$4,049
25 years$37,383$28,496$21,441$15,952$11,757$3,430
26 years$35,562$26,781$19,885$14,585$10,590$2,907
27 years$33,878$25,204$18,465$13,350$9,548$2,464
28 years$32,317$23,750$17,166$12,232$8,615$2,090
29 years$30,867$22,405$15,974$11,217$7,779$1,773
30 years$29,516$21,160$14,879$10,294$7,029$1,504
31 years$28,254$20,003$13,871$9,454$6,355$1,276
32 years$27,074$18,927$12,942$8,689$5,749$1,083
33 years$25,967$17,924$12,084$7,990$5,202$920
34 years$24,928$16,988$11,291$7,352$4,710$781
35 years$23,951$16,113$10,556$6,768$4,266$663
36 years$23,029$15,293$9,875$6,233$3,865$563
37 years$22,160$14,525$9,243$5,743$3,503$478
38 years$21,338$13,804$8,656$5,293$3,176$406
39 years$20,561$13,126$8,109$4,881$2,880$345
40 years$19,824$12,489$7,601$4,502$2,612$293
41 years$19,125$11,888$7,127$4,153$2,370$249
42 years$18,461$11,322$6,686$3,833$2,151$211
43 years$17,829$10,787$6,273$3,538$1,952$180
44 years$17,228$10,282$5,889$3,267$1,772$153
45 years$16,655$9,805$5,529$3,017$1,608$130
46 years$16,109$9,354$5,193$2,787$1,460$110
47 years$15,588$8,926$4,879$2,575$1,326$94
48 years$15,089$8,521$4,585$2,379$1,204$79
49 years$14,613$8,138$4,310$2,199$1,094$68
50 years$14,157$7,773$4,052$2,032$993$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $14,500,000, adding $5,289 every year, while hoping to spend $31,232 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: 24/47/29 Blend
79$14,500,000$14,500,000$14,500,000$14,500,000
80$15,984,456$15,215,956$14,991,206$16,222,268
81$17,581,639$15,928,307$15,460,180$17,138,675
82$19,340,689$16,674,516$15,943,819$18,116,826
83$21,278,083$17,456,211$16,442,580$19,164,174
84$23,411,976$18,275,094$16,956,935$20,286,504
85$25,762,378$19,132,954$17,487,373$21,490,135
86$28,351,336$20,031,664$18,034,395$22,781,972
87$31,203,145$20,973,189$18,598,521$24,169,565
88$34,344,578$21,959,587$19,180,283$25,661,170
89$37,805,136$22,993,018$19,780,234$27,265,820
90$41,617,330$24,075,746$20,398,942$28,993,399
91$45,816,984$25,210,144$21,036,993$30,854,729
92$50,443,575$26,398,700$21,694,991$32,861,657
93$55,540,606$27,644,022$22,373,559$35,027,162
94$61,156,016$28,948,847$23,073,341$37,365,466
95$67,342,631$30,316,042$23,794,999$39,892,151
96$74,158,664$31,748,613$24,539,217$42,624,302
97$81,668,267$33,249,714$25,306,699$45,580,650
98$89,942,129$34,822,649$26,098,173$48,781,741
99$99,058,152$36,470,884$26,914,387$52,250,109
100$109,102,180$38,198,054$27,756,116$56,010,483