Can I retire at age 57 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,075,510
2 years$568,242$557,659$547,403$537,458$527,812$494,943
3 years$375,065$364,436$354,206$344,355$334,866$303,052
4 years$278,495$267,899$257,771$248,088$238,829$208,315
5 years$220,569$210,036$200,041$190,555$181,554$152,423
6 years$181,964$171,510$161,663$152,389$143,658$115,936
7 years$154,399$144,034$134,343$125,287$116,832$90,519
8 years$133,736$123,464$113,933$105,100$96,923$72,002
9 years$117,672$107,498$98,131$89,522$81,624$58,069
10 years$104,829$94,754$85,552$77,169$69,547$47,326
11 years$94,328$84,354$75,319$67,160$59,813$38,887
12 years$85,583$75,711$66,844$58,908$51,833$32,161
13 years$78,190$68,421$59,720$52,007$45,199$26,736
14 years$71,858$62,193$53,659$46,166$39,621$22,320
15 years$66,375$56,814$48,447$41,172$34,886$18,697
16 years$61,582$52,126$43,924$36,865$30,832$15,707
17 years$57,358$48,006$39,969$33,123$27,338$13,226
18 years$53,607$44,360$36,487$29,851$24,308$11,158
19 years$50,255$41,112$33,402$26,973$21,666$9,429
20 years$47,242$38,203$30,655$24,429$19,352$7,979
21 years$44,519$35,585$28,196$22,171$17,318$6,759
22 years$42,047$33,217$25,987$20,158$15,523$5,732
23 years$39,794$31,067$23,995$18,359$13,935$4,864
24 years$37,731$29,108$22,191$16,744$12,525$4,131
25 years$35,836$27,317$20,553$15,292$11,270$3,510
26 years$34,090$25,673$19,062$13,982$10,152$2,984
27 years$32,476$24,161$17,701$12,798$9,153$2,538
28 years$30,980$22,767$16,455$11,726$8,259$2,159
29 years$29,590$21,478$15,313$10,753$7,457$1,838
30 years$28,294$20,284$14,264$9,868$6,738$1,564
31 years$27,085$19,175$13,297$9,063$6,092$1,332
32 years$25,954$18,144$12,407$8,329$5,511$1,134
33 years$24,893$17,182$11,584$7,660$4,987$966
34 years$23,897$16,285$10,824$7,047$4,515$823
35 years$22,960$15,446$10,119$6,488$4,090$701
36 years$22,076$14,660$9,466$5,975$3,705$597
37 years$21,243$13,924$8,860$5,505$3,358$509
38 years$20,455$13,233$8,297$5,074$3,045$434
39 years$19,710$12,583$7,774$4,679$2,761$370
40 years$19,003$11,972$7,286$4,315$2,504$315
41 years$18,333$11,396$6,832$3,981$2,272$269
42 years$17,697$10,853$6,409$3,674$2,062$229
43 years$17,091$10,341$6,014$3,392$1,871$195
44 years$16,515$9,857$5,645$3,132$1,698$166
45 years$15,966$9,400$5,301$2,892$1,542$142
46 years$15,442$8,967$4,978$2,672$1,400$121
47 years$14,943$8,557$4,677$2,468$1,271$103
48 years$14,465$8,169$4,395$2,281$1,154$88
49 years$14,008$7,801$4,131$2,108$1,048$75
50 years$13,571$7,452$3,884$1,948$952$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $13,900,000, adding $5,891 every year, while hoping to spend $35,801 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: 54/36/10 Blend
56$13,900,000$13,900,000$13,900,000$13,900,000
57$15,323,877$14,587,177$14,371,727$16,112,490
58$16,848,820$15,263,856$14,815,087$17,324,675
59$18,528,108$15,972,493$15,272,101$18,638,919
60$20,377,445$16,714,616$15,743,187$20,068,459
61$22,414,138$17,491,826$16,228,777$21,624,243
62$24,657,257$18,305,802$16,729,318$23,318,299
63$27,127,816$19,158,305$17,245,269$25,163,845
64$29,848,970$20,051,179$17,777,103$27,175,406
65$32,846,237$20,986,359$18,325,307$29,368,948
66$36,147,735$21,965,872$18,890,386$31,762,021
67$39,784,447$22,991,843$19,472,858$34,373,919
68$43,790,518$24,066,500$20,073,256$37,225,857
69$48,203,572$25,192,180$20,692,131$40,341,164
70$53,065,069$26,371,330$21,330,050$43,745,495
71$58,420,698$27,606,517$21,987,599$47,467,069
72$64,320,806$28,900,433$22,665,380$51,536,925
73$70,820,873$30,255,898$23,364,015$55,989,207
74$77,982,035$31,675,871$24,084,143$60,861,481
75$85,871,666$33,163,451$24,826,424$66,195,077
76$94,564,005$34,721,890$25,591,539$72,035,473
77$104,140,867$36,354,596$26,380,189$78,432,713
78$114,692,405$38,065,141$27,193,095$85,441,871
79$126,317,969$39,857,271$28,031,002$93,123,559
80$139,127,039$41,734,915$28,894,678$101,544,489
81$153,240,260$43,702,189$29,784,913$110,778,093
82$168,790,582$45,763,411$30,702,522$120,905,199
83$185,924,510$47,923,107$31,648,346$132,014,788
84$204,803,493$50,186,022$32,623,249$144,204,815
85$225,605,445$52,557,133$33,628,123$157,583,125
86$248,526,424$55,041,657$34,663,889$172,268,454
87$273,782,484$57,645,062$35,731,494$188,391,535
88$301,611,712$60,373,085$36,831,914$206,096,315
89$332,276,479$63,231,739$37,966,155$225,541,302
90$366,065,914$66,227,328$39,135,255$246,901,038
91$403,298,634$69,366,464$40,340,283$270,367,735
92$444,325,753$72,656,078$41,582,341$296,153,063
93$489,534,193$76,103,440$42,862,563$324,490,136
94$539,350,342$79,716,169$44,182,120$355,635,688
95$594,244,073$83,502,258$45,542,217$389,872,472
96$654,733,184$87,470,084$46,944,097$427,511,915
97$721,388,286$91,628,435$48,389,041$468,897,024
98$794,838,186$95,986,523$49,878,369$514,405,607
99$875,775,827$100,554,009$51,413,440$564,453,809
100$964,964,828$105,341,022$52,995,657$619,500,015