Can I retire at age 63 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,070,783
2 years$568,242$557,659$547,403$537,458$527,812$490,285
3 years$375,065$364,436$354,206$344,355$334,866$298,613
4 years$278,495$267,899$257,771$248,088$238,829$204,128
5 years$220,569$210,036$200,041$190,555$181,554$148,496
6 years$181,964$171,510$161,663$152,389$143,658$112,269
7 years$154,399$144,034$134,343$125,287$116,832$87,108
8 years$133,736$123,464$113,933$105,100$96,923$68,841
9 years$117,672$107,498$98,131$89,522$81,624$55,148
10 years$104,829$94,754$85,552$77,169$69,547$44,636
11 years$94,328$84,354$75,319$67,160$59,813$36,417
12 years$85,583$75,711$66,844$58,908$51,833$29,899
13 years$78,190$68,421$59,720$52,007$45,199$24,671
14 years$71,858$62,193$53,659$46,166$39,621$20,439
15 years$66,375$56,814$48,447$41,172$34,886$16,989
16 years$61,582$52,126$43,924$36,865$30,832$14,159
17 years$57,358$48,006$39,969$33,123$27,338$11,827
18 years$53,607$44,360$36,487$29,851$24,308$9,896
19 years$50,255$41,112$33,402$26,973$21,666$8,294
20 years$47,242$38,203$30,655$24,429$19,352$6,959
21 years$44,519$35,585$28,196$22,171$17,318$5,846
22 years$42,047$33,217$25,987$20,158$15,523$4,915
23 years$39,794$31,067$23,995$18,359$13,935$4,135
24 years$37,731$29,108$22,191$16,744$12,525$3,481
25 years$35,836$27,317$20,553$15,292$11,270$2,932
26 years$34,090$25,673$19,062$13,982$10,152$2,471
27 years$32,476$24,161$17,701$12,798$9,153$2,083
28 years$30,980$22,767$16,455$11,726$8,259$1,756
29 years$29,590$21,478$15,313$10,753$7,457$1,481
30 years$28,294$20,284$14,264$9,868$6,738$1,249
31 years$27,085$19,175$13,297$9,063$6,092$1,054
32 years$25,954$18,144$12,407$8,329$5,511$890
33 years$24,893$17,182$11,584$7,660$4,987$751
34 years$23,897$16,285$10,824$7,047$4,515$634
35 years$22,960$15,446$10,119$6,488$4,090$535
36 years$22,076$14,660$9,466$5,975$3,705$452
37 years$21,243$13,924$8,860$5,505$3,358$381
38 years$20,455$13,233$8,297$5,074$3,045$322
39 years$19,710$12,583$7,774$4,679$2,761$272
40 years$19,003$11,972$7,286$4,315$2,504$230
41 years$18,333$11,396$6,832$3,981$2,272$194
42 years$17,697$10,853$6,409$3,674$2,062$164
43 years$17,091$10,341$6,014$3,392$1,871$138
44 years$16,515$9,857$5,645$3,132$1,698$117
45 years$15,966$9,400$5,301$2,892$1,542$99
46 years$15,442$8,967$4,978$2,672$1,400$83
47 years$14,943$8,557$4,677$2,468$1,271$70
48 years$14,465$8,169$4,395$2,281$1,154$59
49 years$14,008$7,801$4,131$2,108$1,048$50
50 years$13,571$7,452$3,884$1,948$952$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $13,900,000, adding $6,015 every year, while hoping to spend $39,274 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: 50/27/23 Blend
62$13,900,000$13,900,000$13,900,000$13,900,000
63$15,324,004$14,587,304$14,371,854$15,990,904
64$16,845,266$15,260,295$14,811,524$17,127,694
65$18,520,379$15,964,946$15,264,607$18,358,055
66$20,364,997$16,702,767$15,731,510$19,694,495
67$22,396,365$17,475,341$16,212,654$21,147,066
68$24,633,487$18,284,326$16,708,471$22,726,811
69$27,097,306$19,131,462$17,219,408$24,445,869
70$29,810,898$20,018,569$17,745,925$26,317,580
71$32,799,690$20,947,560$18,288,494$28,356,608
72$36,091,704$21,920,436$18,847,604$30,579,076
73$39,717,816$22,939,296$19,423,757$33,002,711
74$43,712,051$24,006,339$20,017,471$35,647,008
75$48,111,904$25,123,873$20,629,280$38,533,405
76$52,958,690$26,294,315$21,259,732$41,685,483
77$58,297,939$27,520,198$21,909,395$45,129,181
78$64,179,820$28,804,180$22,578,852$48,893,035
79$70,659,622$30,149,045$23,268,704$53,008,440
80$77,798,268$31,557,712$23,979,570$57,509,937
81$85,662,893$33,033,242$24,712,087$62,435,539
82$94,327,480$34,578,843$25,466,914$67,827,073
83$103,873,555$36,197,878$26,244,727$73,730,575
84$114,390,956$37,893,873$27,046,224$80,196,711
85$125,978,685$39,670,524$27,872,124$87,281,246
86$138,745,837$41,531,706$28,723,167$95,045,569
87$152,812,634$43,481,482$29,600,115$103,557,251
88$168,311,559$45,524,110$30,503,755$112,890,685
89$185,388,603$47,664,057$31,434,896$123,127,770
90$204,204,648$49,906,002$32,394,372$134,358,675
91$224,936,980$52,254,855$33,383,042$146,682,679
92$247,780,970$54,715,761$34,401,791$160,209,101
93$272,951,910$57,294,114$35,451,532$175,058,310
94$300,687,050$59,995,571$36,533,204$191,362,857
95$331,247,837$62,826,061$37,647,774$209,268,709
96$364,922,381$65,791,803$38,796,239$228,936,614
97$402,028,178$68,899,315$39,979,627$250,543,601
98$442,915,102$72,155,433$41,198,995$274,284,640
99$487,968,715$75,567,321$42,455,434$300,374,464
100$537,613,899$79,142,495$43,750,066$329,049,577