Can I retire at age 63 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%13.3%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,069,602
2 years$555,978$545,623$535,588$525,858$516,421$501,454
3 years$366,970$356,571$346,561$336,922$327,638$313,052
4 years$272,485$262,117$252,208$242,734$233,674$219,581
5 years$215,808$205,503$195,723$186,443$177,636$164,075
6 years$178,036$167,809$158,174$149,100$140,557$127,546
7 years$151,067$140,926$131,443$122,583$114,310$101,854
8 years$130,849$120,799$111,474$102,832$94,832$82,928
9 years$115,133$105,177$96,013$87,590$79,862$68,505
10 years$102,567$92,709$83,706$75,503$68,046$57,228
11 years$92,292$82,533$73,693$65,711$58,522$48,233
12 years$83,736$74,077$65,401$57,637$50,714$40,941
13 years$76,502$66,944$58,431$50,885$44,224$34,955
14 years$70,307$60,850$52,501$45,170$38,766$29,986
15 years$64,942$55,588$47,401$40,284$34,133$25,827
16 years$60,253$51,001$42,976$36,070$30,167$22,320
17 years$56,120$46,970$39,107$32,408$26,748$19,343
18 years$52,450$43,402$35,699$29,206$23,783$16,805
19 years$49,170$40,225$32,681$26,390$21,198$14,629
20 years$46,222$37,379$29,993$23,902$18,935$12,758
21 years$43,558$34,817$27,588$21,692$16,944$11,143
22 years$41,140$32,500$25,426$19,723$15,188$9,745
23 years$38,935$30,397$23,477$17,962$13,634$8,533
24 years$36,917$28,480$21,712$16,383$12,254$7,478
25 years$35,063$26,727$20,110$14,962$11,027$6,560
26 years$33,354$25,119$18,651$13,680$9,933$5,759
27 years$31,775$23,640$17,319$12,522$8,955$5,059
28 years$30,311$22,276$16,100$11,473$8,080$4,446
29 years$28,951$21,015$14,983$10,521$7,296$3,910
30 years$27,684$19,846$13,956$9,655$6,593$3,440
31 years$26,500$18,761$13,010$8,868$5,961$3,028
32 years$25,393$17,752$12,139$8,150$5,392$2,666
33 years$24,356$16,811$11,334$7,494$4,880$2,347
34 years$23,381$15,933$10,590$6,895$4,418$2,068
35 years$22,464$15,113$9,901$6,348$4,001$1,822
36 years$21,600$14,344$9,262$5,846$3,625$1,606
37 years$20,785$13,624$8,669$5,386$3,286$1,415
38 years$20,014$12,947$8,118$4,965$2,979$1,248
39 years$19,284$12,311$7,606$4,578$2,701$1,100
40 years$18,593$11,713$7,129$4,222$2,450$970
41 years$17,938$11,150$6,685$3,896$2,223$856
42 years$17,315$10,619$6,271$3,595$2,017$755
43 years$16,723$10,118$5,884$3,319$1,831$666
44 years$16,159$9,644$5,523$3,064$1,662$587
45 years$15,622$9,197$5,186$2,830$1,509$518
46 years$15,109$8,773$4,871$2,614$1,370$457
47 years$14,620$8,372$4,576$2,415$1,244$403
48 years$14,153$7,993$4,300$2,232$1,129$356
49 years$13,706$7,632$4,042$2,062$1,026$314
50 years$13,278$7,291$3,800$1,906$932$277

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $13,600,000, adding $6,743 every year, while hoping to spend $44,856 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: 67/27/6 Blend
62$13,600,000$13,600,000$13,600,000$13,600,000
63$14,994,155$14,273,355$14,062,555$15,984,865
64$16,475,833$14,925,023$14,485,925$17,294,242
65$18,107,138$15,607,120$14,921,973$18,719,055
66$19,903,285$16,321,088$15,371,079$20,275,418
67$21,881,040$17,068,441$15,833,630$21,976,163
68$24,058,876$17,850,765$16,310,026$23,835,403
69$26,457,150$18,669,720$16,800,680$25,868,665
70$29,098,291$19,527,049$17,306,015$28,093,029
71$32,007,019$20,424,576$17,826,468$30,527,290
72$35,210,568$21,364,213$18,362,489$33,192,127
73$38,738,953$22,347,967$18,914,539$36,110,297
74$42,625,246$23,377,937$19,483,095$39,306,843
75$46,905,890$24,456,325$20,068,648$42,809,327
76$51,621,046$25,585,440$20,671,703$46,648,087
77$56,814,966$26,767,700$21,292,778$50,856,512
78$62,536,416$28,005,641$21,932,410$55,471,362
79$68,839,133$29,301,920$22,591,149$60,533,097
80$75,782,334$30,659,323$23,269,561$66,086,266
81$83,431,271$32,080,769$23,968,231$72,179,909
82$91,857,853$33,569,319$24,687,759$78,868,025
83$101,141,320$35,128,181$25,428,764$86,210,065
84$111,368,989$36,760,717$26,191,883$94,271,493
85$122,637,086$38,470,452$26,977,771$103,124,395
86$135,051,645$40,261,080$27,787,102$112,848,147
87$148,729,514$42,136,475$28,620,572$123,530,165
88$163,799,458$44,100,695$29,478,894$135,266,715
89$180,403,372$46,157,999$30,362,806$148,163,815
90$198,697,620$48,312,845$31,273,065$162,338,225
91$218,854,515$50,569,912$32,210,450$177,918,545
92$241,063,940$52,934,102$33,175,764$195,046,410
93$265,535,143$55,410,554$34,169,834$213,877,826
94$292,498,714$58,004,657$35,193,509$234,584,623
95$322,208,756$60,722,059$36,247,665$257,356,073
96$354,945,291$63,568,682$37,333,204$282,400,658
97$391,016,897$66,550,734$38,451,053$309,948,030
98$430,763,623$69,674,722$39,602,165$340,251,165
99$474,560,200$72,947,470$40,787,525$373,588,735
100$522,819,576$76,376,132$42,008,143$410,267,725