Can I retire at age 59 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,081,949
2 years$560,066$549,635$539,526$529,725$520,218$509,632
3 years$369,668$359,193$349,109$339,400$330,048$319,713
4 years$274,488$264,045$254,062$244,518$235,393$225,388
5 years$217,395$207,014$197,163$187,814$178,942$169,297
6 years$179,346$169,043$159,337$150,196$141,591$132,318
7 years$152,178$141,962$132,410$123,484$115,151$106,254
8 years$131,811$121,687$112,294$103,588$95,529$87,008
9 years$115,979$105,951$96,719$88,234$80,449$72,300
10 years$103,321$93,390$84,321$76,059$68,547$60,766
11 years$92,971$83,140$74,235$66,194$58,952$51,533
12 years$84,352$74,622$65,882$58,061$51,087$44,021
13 years$77,065$67,437$58,861$51,259$44,549$37,829
14 years$70,824$61,298$52,887$45,502$39,051$32,669
15 years$65,420$55,997$47,750$40,580$34,384$28,329
16 years$60,696$51,376$43,292$36,335$30,388$24,651
17 years$56,533$47,315$39,394$32,647$26,945$21,515
18 years$52,836$43,721$35,962$29,421$23,958$18,825
19 years$49,532$40,521$32,921$26,584$21,354$16,507
20 years$46,562$37,654$30,214$24,077$19,074$14,502
21 years$43,878$35,073$27,791$21,852$17,069$12,762
22 years$41,442$32,739$25,613$19,868$15,300$11,246
23 years$39,221$30,620$23,649$18,094$13,734$9,922
24 years$37,188$28,689$21,872$16,503$12,345$8,764
25 years$35,321$26,924$20,258$15,072$11,108$7,748
26 years$33,600$25,304$18,788$13,781$10,006$6,856
27 years$32,009$23,814$17,446$12,614$9,021$6,071
28 years$30,534$22,440$16,219$11,557$8,140$5,379
29 years$29,164$21,169$15,093$10,598$7,350$4,769
30 years$27,887$19,992$14,058$9,726$6,641$4,230
31 years$26,695$18,899$13,106$8,933$6,004$3,753
32 years$25,580$17,882$12,228$8,210$5,431$3,332
33 years$24,535$16,935$11,418$7,549$4,915$2,959
34 years$23,553$16,051$10,668$6,946$4,450$2,628
35 years$22,629$15,224$9,974$6,394$4,031$2,335
36 years$21,759$14,449$9,330$5,889$3,652$2,076
37 years$20,937$13,724$8,733$5,426$3,310$1,845
38 years$20,161$13,042$8,178$5,001$3,001$1,641
39 years$19,426$12,402$7,662$4,611$2,721$1,459
40 years$18,730$11,800$7,182$4,253$2,468$1,298
41 years$18,070$11,232$6,734$3,924$2,239$1,154
42 years$17,442$10,697$6,317$3,622$2,032$1,027
43 years$16,845$10,192$5,927$3,343$1,844$914
44 years$16,278$9,715$5,564$3,087$1,674$813
45 years$15,736$9,264$5,224$2,851$1,520$723
46 years$15,220$8,838$4,907$2,633$1,380$644
47 years$14,728$8,434$4,610$2,433$1,253$573
48 years$14,257$8,051$4,332$2,248$1,138$510
49 years$13,807$7,689$4,072$2,078$1,033$454
50 years$13,376$7,344$3,828$1,920$939$404

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $13,700,000, adding $3,660 every year, while hoping to spend $39,239 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: 82/12/6 Blend
58$13,700,000$13,700,000$13,700,000$13,700,000
59$15,101,175$14,375,075$14,162,725$16,333,446
60$16,599,745$15,037,704$14,595,427$17,802,024
61$18,249,854$15,731,486$15,041,308$19,408,231
62$20,066,918$16,457,908$15,500,770$21,170,259
63$22,067,922$17,218,524$15,974,225$23,103,681
64$24,271,586$18,014,967$16,462,098$25,225,641
65$26,698,535$18,848,948$16,964,825$27,555,020
66$29,371,496$19,722,257$17,482,857$30,112,611
67$32,315,516$20,636,775$18,016,660$32,921,311
68$35,558,192$21,594,470$18,566,711$36,006,335
69$39,129,935$22,597,407$19,133,504$39,395,456
70$43,064,257$23,647,748$19,717,545$43,119,260
71$47,398,087$24,747,764$20,319,359$47,211,434
72$52,172,118$25,899,830$20,939,483$51,709,085
73$57,431,191$27,106,440$21,578,473$56,653,081
74$63,224,722$28,370,205$22,236,902$62,088,439
75$69,607,164$29,693,864$22,915,358$68,064,747
76$76,638,520$31,080,289$23,614,447$74,636,627
77$84,384,914$32,532,488$24,334,796$81,864,248
78$92,919,212$34,053,617$25,077,049$89,813,892
79$102,321,710$35,646,983$25,841,869$98,558,575
80$112,680,893$37,316,053$26,629,939$108,178,735
81$124,094,266$39,064,462$27,441,965$118,762,983
82$136,669,281$40,896,021$28,278,671$130,408,941
83$150,524,346$42,814,724$29,140,805$143,224,158
84$165,789,944$44,824,760$30,029,136$157,327,117
85$182,609,864$46,930,519$30,944,458$172,848,355
86$201,142,561$49,136,605$31,887,588$189,931,688
87$221,562,647$51,447,843$32,859,367$208,735,562
88$244,062,543$53,869,294$33,860,662$229,434,550
89$268,854,295$56,406,262$34,892,366$252,220,984
90$296,171,573$59,064,308$35,955,400$277,306,779
91$326,271,878$61,849,265$37,050,711$304,925,415
92$359,438,975$64,767,244$38,179,276$335,334,142
93$395,985,568$67,824,656$39,342,099$368,816,404
94$436,256,254$71,028,222$40,540,217$405,684,502
95$480,630,774$74,384,988$41,774,696$446,282,539
96$529,527,602$77,902,341$43,046,637$490,989,662
97$583,407,889$81,588,028$44,357,172$540,223,633
98$642,779,823$85,450,170$45,707,466$594,444,764
99$708,203,420$89,497,283$47,098,722$654,160,257
100$780,295,816$93,738,297$48,532,176$719,928,981