Can I retire at age 63 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,074,265
2 years$564,154$553,647$543,464$533,591$524,015$497,806
3 years$372,367$361,815$351,657$341,877$332,457$307,024
4 years$276,492$265,972$255,917$246,303$237,111$212,650
5 years$218,982$208,525$198,602$189,185$180,248$156,827
6 years$180,655$170,277$160,500$151,292$142,624$120,268
7 years$153,289$142,998$133,376$124,386$115,992$94,702
8 years$132,774$122,576$113,113$104,344$96,226$75,996
9 years$116,826$106,724$97,425$88,878$81,036$61,848
10 years$104,075$94,072$84,937$76,614$69,047$50,880
11 years$93,649$83,747$74,777$66,677$59,383$42,211
12 years$84,967$75,167$66,363$58,485$51,460$35,256
13 years$77,627$67,929$59,291$51,633$44,874$29,606
14 years$71,341$61,745$53,273$45,834$39,336$24,972
15 years$65,897$56,405$48,098$40,876$34,635$21,141
16 years$61,139$51,751$43,608$36,600$30,610$17,951
17 years$56,945$47,661$39,682$32,885$27,141$15,281
18 years$53,221$44,041$36,224$29,636$24,133$13,036
19 years$49,893$40,816$33,162$26,779$21,510$11,141
20 years$46,902$37,929$30,434$24,253$19,213$9,535
21 years$44,199$35,329$27,994$22,011$17,194$8,172
22 years$41,745$32,978$25,800$20,013$15,412$7,011
23 years$39,507$30,844$23,822$18,226$13,834$6,020
24 years$37,460$28,899$22,031$16,624$12,435$5,174
25 years$35,579$27,120$20,405$15,182$11,189$4,449
26 years$33,845$25,489$18,925$13,881$10,079$3,829
27 years$32,243$23,988$17,574$12,706$9,087$3,296
28 years$30,757$22,603$16,337$11,641$8,199$2,839
29 years$29,377$21,324$15,203$10,675$7,404$2,446
30 years$28,091$20,138$14,161$9,797$6,690$2,108
31 years$26,890$19,037$13,202$8,998$6,048$1,817
32 years$25,767$18,013$12,318$8,269$5,471$1,567
33 years$24,714$17,059$11,501$7,604$4,951$1,352
34 years$23,725$16,168$10,746$6,997$4,483$1,166
35 years$22,794$15,335$10,047$6,441$4,060$1,006
36 years$21,918$14,555$9,398$5,932$3,679$868
37 years$21,090$13,824$8,797$5,465$3,334$749
38 years$20,308$13,138$8,238$5,038$3,023$646
39 years$19,568$12,493$7,718$4,645$2,741$558
40 years$18,867$11,886$7,234$4,284$2,486$482
41 years$18,201$11,314$6,783$3,953$2,256$416
42 years$17,569$10,775$6,363$3,648$2,047$359
43 years$16,968$10,266$5,971$3,367$1,858$310
44 years$16,396$9,786$5,604$3,109$1,686$267
45 years$15,851$9,332$5,262$2,872$1,531$231
46 years$15,331$8,902$4,943$2,652$1,390$199
47 years$14,835$8,496$4,643$2,451$1,262$172
48 years$14,361$8,110$4,364$2,264$1,146$149
49 years$13,908$7,745$4,101$2,093$1,041$128
50 years$13,474$7,398$3,856$1,934$945$111

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $13,800,000, adding $4,751 every year, while hoping to spend $36,206 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: 44/36/20 Blend
62$13,800,000$13,800,000$13,800,000$13,800,000
63$15,212,501$14,481,101$14,267,201$15,793,571
64$16,725,653$15,152,152$14,706,629$16,874,520
65$18,391,933$15,854,871$15,159,565$18,041,546
66$20,226,922$16,590,771$15,626,422$19,305,788
67$22,247,789$17,361,440$16,107,628$20,676,255
68$24,473,452$18,168,540$16,603,623$22,162,842
69$26,924,760$19,013,813$17,114,859$23,776,409
70$29,624,684$19,899,088$17,641,805$25,528,881
71$32,598,538$20,826,280$18,184,942$27,433,356
72$35,874,218$21,797,397$18,744,767$29,504,220
73$39,482,462$22,814,543$19,321,790$31,757,279
74$43,457,142$23,879,925$19,916,540$34,209,899
75$47,835,586$24,995,856$20,529,558$36,881,164
76$52,658,923$26,164,761$21,161,407$39,792,051
77$57,972,481$27,389,182$21,812,661$42,965,615
78$63,826,205$28,671,783$22,483,917$46,427,205
79$70,275,136$30,015,359$23,175,786$50,204,689
80$77,379,926$31,422,837$23,888,900$54,328,714
81$85,207,411$32,897,289$24,623,911$58,832,982
82$93,831,244$34,441,932$25,381,489$63,754,559
83$103,332,587$36,060,143$26,162,325$69,134,217
84$113,800,879$37,755,459$26,967,131$75,016,806
85$125,334,681$39,531,588$27,796,643$81,451,670
86$138,042,603$41,392,421$28,651,615$88,493,096
87$152,044,332$43,342,034$29,532,828$96,200,819
88$167,471,762$45,384,701$30,441,085$104,640,572
89$184,470,235$47,524,904$31,377,214$113,884,692
90$203,199,917$49,767,343$32,342,069$124,012,793
91$223,837,309$52,116,943$33,336,529$135,112,498
92$246,576,911$54,578,870$34,361,500$147,280,254
93$271,633,061$57,158,540$35,417,915$160,622,227
94$299,241,955$59,861,630$36,506,737$175,255,289
95$329,663,880$62,694,095$37,628,958$191,308,100
96$363,185,667$65,662,178$38,785,600$208,922,309
97$400,123,403$68,772,422$39,977,715$228,253,868
98$440,825,411$72,031,692$41,206,390$249,474,489
99$485,675,541$75,447,182$42,472,742$272,773,241
100$535,096,791$79,026,439$43,777,923$298,358,317