Can I retire at age 61 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,079,459
2 years$555,978$545,623$535,588$525,858$516,421$511,350
3 years$366,970$356,571$346,561$336,922$327,638$322,677
4 years$272,485$262,117$252,208$242,734$233,674$228,861
5 years$215,808$205,503$195,723$186,443$177,636$172,985
6 years$178,036$167,809$158,174$149,100$140,557$136,074
7 years$151,067$140,926$131,443$122,583$114,310$109,998
8 years$130,849$120,799$111,474$102,832$94,832$90,690
9 years$115,133$105,177$96,013$87,590$79,862$75,891
10 years$102,567$92,709$83,706$75,503$68,046$64,243
11 years$92,292$82,533$73,693$65,711$58,522$54,884
12 years$83,736$74,077$65,401$57,637$50,714$47,239
13 years$76,502$66,944$58,431$50,885$44,224$40,908
14 years$70,307$60,850$52,501$45,170$38,766$35,606
15 years$64,942$55,588$47,401$40,284$34,133$31,125
16 years$60,253$51,001$42,976$36,070$30,167$27,306
17 years$56,120$46,970$39,107$32,408$26,748$24,031
18 years$52,450$43,402$35,699$29,206$23,783$21,205
19 years$49,170$40,225$32,681$26,390$21,198$18,755
20 years$46,222$37,379$29,993$23,902$18,935$16,621
21 years$43,558$34,817$27,588$21,692$16,944$14,756
22 years$41,140$32,500$25,426$19,723$15,188$13,120
23 years$38,935$30,397$23,477$17,962$13,634$11,682
24 years$36,917$28,480$21,712$16,383$12,254$10,413
25 years$35,063$26,727$20,110$14,962$11,027$9,292
26 years$33,354$25,119$18,651$13,680$9,933$8,299
27 years$31,775$23,640$17,319$12,522$8,955$7,419
28 years$30,311$22,276$16,100$11,473$8,080$6,637
29 years$28,951$21,015$14,983$10,521$7,296$5,941
30 years$27,684$19,846$13,956$9,655$6,593$5,321
31 years$26,500$18,761$13,010$8,868$5,961$4,768
32 years$25,393$17,752$12,139$8,150$5,392$4,275
33 years$24,356$16,811$11,334$7,494$4,880$3,834
34 years$23,381$15,933$10,590$6,895$4,418$3,440
35 years$22,464$15,113$9,901$6,348$4,001$3,087
36 years$21,600$14,344$9,262$5,846$3,625$2,772
37 years$20,785$13,624$8,669$5,386$3,286$2,489
38 years$20,014$12,947$8,118$4,965$2,979$2,236
39 years$19,284$12,311$7,606$4,578$2,701$2,009
40 years$18,593$11,713$7,129$4,222$2,450$1,805
41 years$17,938$11,150$6,685$3,896$2,223$1,622
42 years$17,315$10,619$6,271$3,595$2,017$1,458
43 years$16,723$10,118$5,884$3,319$1,831$1,311
44 years$16,159$9,644$5,523$3,064$1,662$1,179
45 years$15,622$9,197$5,186$2,830$1,509$1,060
46 years$15,109$8,773$4,871$2,614$1,370$953
47 years$14,620$8,372$4,576$2,415$1,244$857
48 years$14,153$7,993$4,300$2,232$1,129$771
49 years$13,706$7,632$4,042$2,062$1,026$694
50 years$13,278$7,291$3,800$1,906$932$624

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $13,600,000, adding $4,331 every year, while hoping to spend $34,537 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: 72/13/15 Blend
60$13,600,000$13,600,000$13,600,000$13,600,000
61$14,991,667$14,270,867$14,060,067$16,020,390
62$16,484,070$14,933,393$14,494,333$17,365,689
63$18,127,541$15,627,224$14,941,988$18,833,798
64$19,937,451$16,353,860$15,403,446$20,440,584
65$21,930,741$17,114,869$15,879,131$22,199,766
66$24,126,076$17,911,897$16,369,482$24,126,447
67$26,544,025$18,746,669$16,874,948$26,237,254
68$29,207,253$19,620,993$17,395,996$28,550,487
69$32,140,736$20,536,764$17,933,105$31,086,297
70$35,371,995$21,495,970$18,486,769$33,866,868
71$38,931,360$22,500,694$19,057,497$36,916,628
72$42,852,250$23,553,119$19,645,814$40,262,471
73$47,171,492$24,655,535$20,252,261$43,934,016
74$51,929,669$25,810,340$20,877,397$47,963,874
75$57,171,500$27,020,052$21,521,794$52,387,961
76$62,946,266$28,287,307$22,186,047$57,245,829
77$69,308,270$29,614,871$22,870,765$62,581,038
78$76,317,357$31,005,642$23,576,579$68,441,562
79$84,039,468$32,462,660$24,304,135$74,880,239
80$92,547,274$33,989,111$25,054,104$81,955,265
81$101,920,853$35,588,334$25,827,174$89,730,740
82$112,248,451$37,263,833$26,624,055$98,277,271
83$123,627,311$39,019,279$27,445,479$107,672,627
84$136,164,595$40,858,522$28,292,200$118,002,479
85$149,978,391$42,785,597$29,164,997$129,361,192
86$165,198,833$44,804,737$30,064,670$141,852,722
87$181,969,323$46,920,378$30,992,045$155,591,583
88$200,447,890$49,137,173$31,947,974$170,703,927
89$220,808,677$51,459,997$32,933,335$187,328,729
90$243,243,591$53,893,966$33,949,030$205,619,093
91$267,964,108$56,444,440$34,995,993$225,743,687
92$295,203,272$59,117,043$36,075,183$247,888,335
93$325,217,895$61,917,667$37,187,592$272,257,759
94$358,290,983$64,852,496$38,334,239$299,077,508
95$394,734,402$67,928,007$39,516,175$328,596,077
96$434,891,830$71,150,998$40,734,485$361,087,247
97$479,141,992$74,528,593$41,990,286$396,852,661
98$527,902,244$78,068,262$43,284,729$436,224,661
99$581,632,506$81,777,840$44,619,001$479,569,421
100$640,839,608$85,665,540$45,994,324$527,290,388