Can I retire at age 60 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%12.8%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,063,939
2 years$551,890$541,611$531,650$521,992$512,623$499,971
3 years$364,272$353,949$344,013$334,445$325,229$312,888
4 years$270,481$260,190$250,353$240,949$231,956$220,021
5 years$214,222$203,992$194,284$185,072$176,329$164,834
6 years$176,727$166,575$157,011$148,003$139,524$128,483
7 years$149,956$139,889$130,477$121,682$113,470$102,888
8 years$129,887$119,911$110,654$102,076$94,134$84,011
9 years$114,286$104,404$95,307$86,946$79,275$69,605
10 years$101,812$92,027$83,091$74,948$67,546$58,324
11 years$91,613$81,926$73,152$65,227$58,092$49,309
12 years$83,120$73,533$64,920$57,213$50,341$41,989
13 years$75,940$66,452$58,002$50,511$43,898$35,966
14 years$69,790$60,403$52,115$44,838$38,481$30,957
15 years$64,465$55,179$47,053$39,987$33,882$26,754
16 years$59,810$50,626$42,660$35,804$29,945$23,201
17 years$55,707$46,625$38,819$32,170$26,551$20,178
18 years$52,064$43,083$35,437$28,992$23,608$17,592
19 years$48,809$39,929$32,441$26,196$21,042$15,371
20 years$45,882$37,104$29,772$23,726$18,795$13,454
21 years$43,238$34,561$27,385$21,533$16,820$11,795
22 years$40,837$32,261$25,239$19,578$15,077$10,355
23 years$38,649$30,173$23,304$17,830$13,534$9,102
24 years$36,645$28,271$21,552$16,262$12,164$8,008
25 years$34,805$26,531$19,962$14,852$10,946$7,052
26 years$33,109$24,934$18,514$13,580$9,860$6,215
27 years$31,542$23,466$17,192$12,430$8,889$5,482
28 years$30,089$22,112$15,982$11,388$8,021$4,838
29 years$28,738$20,860$14,872$10,443$7,243$4,271
30 years$27,480$19,700$13,853$9,584$6,544$3,773
31 years$26,306$18,623$12,915$8,802$5,917$3,335
32 years$25,207$17,621$12,050$8,090$5,352$2,948
33 years$24,177$16,688$11,251$7,439$4,844$2,607
34 years$23,209$15,816$10,512$6,845$4,385$2,306
35 years$22,299$15,001$9,828$6,301$3,972$2,041
36 years$21,441$14,239$9,194$5,803$3,599$1,806
37 years$20,632$13,523$8,605$5,347$3,262$1,599
38 years$19,867$12,852$8,059$4,928$2,957$1,415
39 years$19,143$12,221$7,550$4,544$2,682$1,253
40 years$18,457$11,627$7,077$4,191$2,432$1,110
41 years$17,806$11,068$6,636$3,867$2,207$983
42 years$17,187$10,541$6,224$3,569$2,002$871
43 years$16,600$10,043$5,841$3,294$1,817$771
44 years$16,040$9,573$5,483$3,042$1,649$683
45 years$15,507$9,129$5,148$2,809$1,497$606
46 years$14,998$8,709$4,835$2,595$1,360$537
47 years$14,513$8,311$4,543$2,397$1,235$475
48 years$14,049$7,934$4,269$2,215$1,121$421
49 years$13,605$7,576$4,012$2,047$1,018$373
50 years$13,181$7,237$3,772$1,892$925$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 60 starting with $13,500,000, adding $5,895 every year, while hoping to spend $33,502 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: 37/43/20 Blend
59$13,500,000$13,500,000$13,500,000$13,500,000
60$14,883,081$14,167,581$13,958,331$15,343,787
61$16,365,509$14,826,146$14,390,289$16,337,310
62$17,998,022$15,515,859$14,835,595$17,406,178
63$19,795,894$16,238,209$15,294,660$18,560,037
64$21,775,953$16,994,759$15,767,910$19,806,543
65$23,956,746$17,787,149$16,255,781$21,154,086
66$26,358,709$18,617,094$16,758,724$22,611,868
67$29,004,361$19,486,395$17,277,205$24,189,978
68$31,918,518$20,396,940$17,811,703$25,899,484
69$35,128,522$21,350,706$18,362,711$27,752,532
70$38,664,509$22,349,768$18,930,739$29,762,447
71$42,559,681$23,396,299$19,516,312$31,943,859
72$46,850,630$24,492,579$20,119,970$34,312,826
73$51,577,677$25,640,998$20,742,271$36,886,982
74$56,785,253$26,844,060$21,383,790$39,685,693
75$62,522,322$28,104,391$22,045,119$42,730,230
76$68,842,838$29,424,746$22,726,870$46,043,961
77$75,806,259$30,808,010$23,429,672$49,652,561
78$83,478,104$32,257,209$24,154,173$53,584,245
79$91,930,575$33,775,517$24,901,042$57,870,022
80$101,243,236$35,366,260$25,670,970$62,543,975
81$111,503,765$37,032,925$26,464,665$67,643,575
82$122,808,779$38,779,169$27,282,862$73,210,018
83$135,264,751$40,608,825$28,126,315$79,288,601
84$148,989,011$42,525,912$28,995,802$85,929,140
85$164,110,854$44,534,646$29,892,125$93,186,420
86$180,772,762$46,639,444$30,816,111$101,120,700
87$199,131,745$48,844,938$31,768,613$109,798,267
88$219,360,830$51,155,988$32,750,509$119,292,041
89$241,650,688$53,577,684$33,762,704$129,682,253
90$266,211,436$56,115,368$34,806,131$141,057,177
91$293,274,619$58,774,638$35,881,754$153,513,949
92$323,095,401$61,561,365$36,990,563$167,159,460
93$355,954,965$64,481,706$38,133,580$182,111,351
94$392,163,175$67,542,113$39,311,859$198,499,094
95$432,061,498$70,749,356$40,526,486$216,465,195
96$476,026,228$74,110,531$41,778,579$236,166,518
97$524,472,034$77,633,079$43,069,293$257,775,735
98$577,855,884$81,324,802$44,399,817$281,482,935
99$636,681,349$85,193,882$45,771,376$307,497,389
100$701,503,363$89,248,898$47,185,233$336,049,497