Can I retire at age 80 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,270,429
2 years$658,180$645,922$634,042$622,523$611,351$597,849
3 years$434,428$422,117$410,267$398,857$387,866$374,689
4 years$322,574$310,301$298,569$287,354$276,629$263,878
5 years$255,479$243,280$231,702$220,715$210,289$198,002
6 years$210,764$198,656$187,250$176,508$166,395$154,586
7 years$178,837$166,831$155,605$145,117$135,323$123,998
8 years$154,902$143,005$131,966$121,735$112,264$101,421
9 years$136,297$124,512$113,662$103,691$94,542$84,179
10 years$121,421$109,751$99,093$89,383$80,555$70,664
11 years$109,257$97,705$87,240$77,790$69,280$59,853
12 years$99,129$87,694$77,423$68,232$60,036$51,064
13 years$90,565$79,250$69,173$60,239$52,353$43,825
14 years$83,231$72,036$62,152$53,473$45,892$37,796
15 years$76,880$65,806$56,115$47,689$40,407$32,731
16 years$71,329$60,376$50,876$42,700$35,712$28,443
17 years$66,436$55,604$46,295$38,366$31,665$24,789
18 years$62,092$51,381$42,262$34,575$28,155$21,659
19 years$58,209$47,619$38,689$31,242$25,095$18,965
20 years$54,719$44,250$35,506$28,295$22,415$16,637
21 years$51,565$41,217$32,659$25,680$20,059$14,618
22 years$48,702$38,475$30,100$23,349$17,980$12,863
23 years$46,092$35,985$27,792$21,264$16,140$11,331
24 years$43,703$33,715$25,703$19,394$14,507$9,993
25 years$41,508$31,640$23,806$17,712$13,054$8,821
26 years$39,486$29,737$22,079$16,195$11,759$7,793
27 years$37,616$27,986$20,502$14,824$10,601$6,889
28 years$35,883$26,371$19,060$13,582$9,566$6,095
29 years$34,273$24,878$17,737$12,455$8,638$5,394
30 years$32,773$23,494$16,521$11,430$7,805$4,777
31 years$31,372$22,210$15,402$10,498$7,056$4,232
32 years$30,061$21,015$14,370$9,648$6,383$3,751
33 years$28,833$19,902$13,418$8,872$5,777$3,325
34 years$27,679$18,862$12,537$8,163$5,230$2,949
35 years$26,593$17,891$11,721$7,514$4,737$2,616
36 years$25,571$16,981$10,965$6,921$4,292$2,321
37 years$24,605$16,128$10,263$6,376$3,890$2,060
38 years$23,693$15,327$9,611$5,877$3,527$1,828
39 years$22,829$14,575$9,004$5,419$3,198$1,623
40 years$22,011$13,867$8,440$4,998$2,901$1,441
41 years$21,235$13,200$7,914$4,612$2,632$1,280
42 years$20,498$12,571$7,423$4,256$2,388$1,136
43 years$19,797$11,978$6,966$3,929$2,167$1,009
44 years$19,129$11,417$6,539$3,628$1,967$897
45 years$18,493$10,887$6,139$3,350$1,786$796
46 years$17,887$10,386$5,766$3,095$1,621$708
47 years$17,308$9,911$5,417$2,859$1,472$629
48 years$16,754$9,462$5,091$2,642$1,337$559
49 years$16,225$9,035$4,785$2,442$1,214$496
50 years$15,719$8,631$4,499$2,257$1,103$441

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 80 starting with $16,100,000, adding $3,280 every year, while hoping to spend $26,367 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: 80/12/8 Blend
79$16,100,000$16,100,000$16,100,000$16,100,000
80$17,745,583$16,892,283$16,642,733$19,146,623
81$19,527,579$17,691,951$17,172,211$20,864,904
82$21,490,454$18,529,919$17,718,542$22,746,108
83$23,652,630$19,408,035$18,282,263$24,809,511
84$26,034,409$20,328,239$18,863,929$27,073,299
85$28,658,159$21,292,563$19,464,111$29,557,497
86$31,548,531$22,303,138$20,083,399$32,284,153
87$34,732,689$23,362,200$20,722,401$35,277,547
88$38,240,567$24,472,091$21,381,745$38,564,416
89$42,105,150$25,635,269$22,062,079$42,174,202
90$46,362,788$26,854,311$22,764,071$46,139,332
91$51,053,537$28,131,917$23,488,412$50,495,515
92$56,221,538$29,470,920$24,235,814$55,282,082
93$61,915,431$30,874,292$25,007,010$60,542,350
94$68,188,820$32,345,147$25,802,759$66,324,028
95$75,100,772$33,886,751$26,623,844$72,679,668
96$82,716,378$35,502,529$27,471,070$79,667,153
97$91,107,369$37,196,074$28,345,272$87,350,240
98$100,352,790$38,971,151$29,247,308$95,799,161
99$110,539,746$40,831,709$30,178,064$105,091,279
100$121,764,228$42,781,890$31,138,457$115,311,815