Can I retire at age 59 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,047,934
2 years$551,890$541,611$531,650$521,992$512,623$484,034
3 years$364,272$353,949$344,013$334,445$325,229$297,521
4 years$270,481$260,190$250,353$240,949$231,956$205,341
5 years$214,222$203,992$194,284$185,072$176,329$150,881
6 years$176,727$166,575$157,011$148,003$139,524$115,266
7 years$149,956$139,889$130,477$121,682$113,470$90,405
8 years$129,887$119,911$110,654$102,076$94,134$72,251
9 years$114,286$104,404$95,307$86,946$79,275$58,553
10 years$101,812$92,027$83,091$74,948$67,546$47,960
11 years$91,613$81,926$73,152$65,227$58,092$39,611
12 years$83,120$73,533$64,920$57,213$50,341$32,932
13 years$75,940$66,452$58,002$50,511$43,898$27,526
14 years$69,790$60,403$52,115$44,838$38,481$23,106
15 years$64,465$55,179$47,053$39,987$33,882$19,465
16 years$59,810$50,626$42,660$35,804$29,945$16,446
17 years$55,707$46,625$38,819$32,170$26,551$13,929
18 years$52,064$43,083$35,437$28,992$23,608$11,821
19 years$48,809$39,929$32,441$26,196$21,042$10,050
20 years$45,882$37,104$29,772$23,726$18,795$8,556
21 years$43,238$34,561$27,385$21,533$16,820$7,293
22 years$40,837$32,261$25,239$19,578$15,077$6,223
23 years$38,649$30,173$23,304$17,830$13,534$5,315
24 years$36,645$28,271$21,552$16,262$12,164$4,542
25 years$34,805$26,531$19,962$14,852$10,946$3,884
26 years$33,109$24,934$18,514$13,580$9,860$3,324
27 years$31,542$23,466$17,192$12,430$8,889$2,845
28 years$30,089$22,112$15,982$11,388$8,021$2,437
29 years$28,738$20,860$14,872$10,443$7,243$2,087
30 years$27,480$19,700$13,853$9,584$6,544$1,789
31 years$26,306$18,623$12,915$8,802$5,917$1,533
32 years$25,207$17,621$12,050$8,090$5,352$1,314
33 years$24,177$16,688$11,251$7,439$4,844$1,127
34 years$23,209$15,816$10,512$6,845$4,385$966
35 years$22,299$15,001$9,828$6,301$3,972$829
36 years$21,441$14,239$9,194$5,803$3,599$711
37 years$20,632$13,523$8,605$5,347$3,262$610
38 years$19,867$12,852$8,059$4,928$2,957$523
39 years$19,143$12,221$7,550$4,544$2,682$449
40 years$18,457$11,627$7,077$4,191$2,432$385
41 years$17,806$11,068$6,636$3,867$2,207$331
42 years$17,187$10,541$6,224$3,569$2,002$284
43 years$16,600$10,043$5,841$3,294$1,817$243
44 years$16,040$9,573$5,483$3,042$1,649$209
45 years$15,507$9,129$5,148$2,809$1,497$179
46 years$14,998$8,709$4,835$2,595$1,360$154
47 years$14,513$8,311$4,543$2,397$1,235$132
48 years$14,049$7,934$4,269$2,215$1,121$113
49 years$13,605$7,576$4,012$2,047$1,018$97
50 years$13,181$7,237$3,772$1,892$925$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,500,000, adding $3,917 every year, while hoping to spend $29,548 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: 75/17/8 Blend
58$13,500,000$13,500,000$13,500,000$13,500,000
59$14,881,040$14,165,540$13,956,290$15,978,873
60$16,367,468$14,828,213$14,392,387$17,364,741
61$18,004,520$15,522,366$14,842,103$18,878,822
62$19,807,531$16,249,512$15,305,863$20,537,115
63$21,793,394$17,011,233$15,784,105$22,353,903
64$23,980,729$17,809,192$16,277,281$24,344,906
65$26,390,051$18,645,130$16,785,858$26,527,431
66$29,043,968$19,520,873$17,310,315$28,920,527
67$31,967,391$20,438,334$17,851,149$31,545,168
68$35,187,772$21,399,520$18,408,870$34,424,442
69$38,735,364$22,406,535$18,984,006$37,583,770
70$42,643,500$23,461,585$19,577,100$41,051,144
71$46,948,916$24,566,982$20,188,712$44,857,382
72$51,692,092$25,725,150$20,819,419$49,036,421
73$56,917,635$26,938,632$21,469,819$53,625,633
74$62,674,700$28,210,092$22,140,525$58,666,171
75$69,017,458$29,542,325$22,832,171$64,203,357
76$76,005,600$30,938,260$23,545,411$70,287,102
77$83,704,907$32,400,969$24,280,917$76,972,378
78$92,187,864$33,933,674$25,039,384$84,319,726
79$101,534,352$35,539,750$25,821,530$92,395,829
80$111,832,397$37,222,739$26,628,092$101,274,134
81$123,179,001$38,986,353$27,459,833$111,035,537
82$135,681,060$40,834,484$28,317,537$121,769,146
83$149,456,368$42,771,215$29,202,016$133,573,116
84$164,634,738$44,800,824$30,114,103$146,555,567
85$181,359,216$46,927,799$31,054,660$160,835,600
86$199,787,441$49,156,846$32,024,576$176,544,414
87$220,093,127$51,492,899$33,024,766$193,826,542
88$242,467,704$53,941,129$34,056,175$212,841,200
89$267,122,129$56,506,963$35,119,775$233,763,792
90$294,288,870$59,196,089$36,216,572$256,787,552
91$324,224,109$62,014,471$37,347,601$282,125,362
92$357,210,151$64,968,363$38,513,928$310,011,752
93$393,558,098$68,064,324$39,716,657$340,705,108
94$433,610,779$71,309,232$40,956,920$374,490,100
95$477,745,992$74,710,297$42,235,890$411,680,359
96$526,380,063$78,275,082$43,554,773$452,621,429
97$579,971,786$82,011,517$44,914,814$497,694,019
98$639,026,744$85,927,917$46,317,296$547,317,584
99$704,102,090$90,033,003$47,763,543$601,954,274
100$775,811,801$94,335,919$49,254,920$662,113,288