Can I retire at age 65 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,010,872
2 years$523,273$513,528$504,083$494,925$486,043$476,153
3 years$345,384$335,596$326,175$317,104$308,366$298,710
4 years$256,456$246,699$237,372$228,455$219,929$210,582
5 years$203,114$193,415$184,210$175,476$167,186$158,176
6 years$167,564$157,938$148,869$140,329$132,289$123,625
7 years$142,181$132,636$123,711$115,372$107,586$99,274
8 years$123,152$113,693$104,917$96,783$89,253$81,292
9 years$108,360$98,991$90,365$82,438$75,164$67,551
10 years$96,533$87,255$78,782$71,062$64,044$56,774
11 years$86,863$77,678$69,359$61,845$55,080$48,147
12 years$78,810$69,720$61,554$54,247$47,731$41,130
13 years$72,002$63,006$54,994$47,892$41,622$35,344
14 years$66,171$57,271$49,413$42,513$36,486$30,523
15 years$61,122$52,318$44,613$37,914$32,125$26,468
16 years$56,709$48,001$40,448$33,948$28,392$23,032
17 years$52,819$44,207$36,806$30,502$25,174$20,101
18 years$49,365$40,849$33,599$27,488$22,384$17,588
19 years$46,278$37,859$30,759$24,838$19,951$15,423
20 years$43,503$35,180$28,229$22,496$17,821$13,550
21 years$40,996$32,769$25,965$20,416$15,948$11,923
22 years$38,720$30,589$23,931$18,563$14,295$10,507
23 years$36,645$28,609$22,096$16,906$12,832$9,270
24 years$34,745$26,805$20,435$15,419$11,534$8,188
25 years$33,000$25,155$18,927$14,082$10,378$7,239
26 years$31,392$23,642$17,554$12,875$9,349$6,405
27 years$29,906$22,249$16,300$11,785$8,428$5,672
28 years$28,528$20,966$15,153$10,798$7,605$5,025
29 years$27,248$19,779$14,101$9,902$6,867$4,455
30 years$26,055$18,679$13,135$9,087$6,205$3,952
31 years$24,942$17,658$12,245$8,346$5,610$3,507
32 years$23,900$16,708$11,425$7,670$5,075$3,113
33 years$22,923$15,822$10,668$7,053$4,592$2,765
34 years$22,006$14,996$9,967$6,490$4,158$2,456
35 years$21,143$14,224$9,319$5,974$3,766$2,182
36 years$20,329$13,500$8,717$5,502$3,412$1,939
37 years$19,562$12,822$8,159$5,069$3,093$1,724
38 years$18,837$12,186$7,641$4,673$2,804$1,533
39 years$18,150$11,587$7,159$4,308$2,543$1,363
40 years$17,500$11,024$6,710$3,974$2,306$1,212
41 years$16,882$10,494$6,292$3,666$2,092$1,078
42 years$16,296$9,994$5,902$3,384$1,898$959
43 years$15,739$9,523$5,538$3,123$1,723$854
44 years$15,208$9,077$5,198$2,884$1,564$760
45 years$14,703$8,656$4,881$2,663$1,420$676
46 years$14,220$8,257$4,584$2,460$1,289$601
47 years$13,760$7,880$4,307$2,273$1,171$535
48 years$13,320$7,522$4,047$2,100$1,063$476
49 years$12,900$7,184$3,804$1,941$965$424
50 years$12,497$6,862$3,577$1,794$877$378

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $12,800,000, adding $3,589 every year, while hoping to spend $57,811 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: 54/39/7 Blend
64$12,800,000$12,800,000$12,800,000$12,800,000
65$14,109,302$13,430,902$13,232,502$14,847,902
66$15,486,940$14,027,506$13,614,280$15,944,394
67$17,003,160$14,651,406$14,006,911$17,130,463
68$18,672,036$15,303,878$14,410,696$18,419,875
69$20,509,075$15,986,260$14,825,946$19,822,429
70$22,531,366$16,699,952$15,252,980$21,348,889
71$24,757,738$17,446,421$15,692,127$23,011,084
72$27,208,936$18,227,205$16,143,722$24,822,014
73$29,907,823$19,043,913$16,608,112$26,795,966
74$32,879,589$19,898,233$17,085,652$28,948,647
75$36,151,991$20,791,931$17,576,706$31,297,324
76$39,755,618$21,726,859$18,081,649$33,860,985
77$43,724,172$22,704,956$18,600,865$36,660,506
78$48,094,794$23,728,255$19,134,750$39,718,850
79$52,908,407$24,798,884$19,683,709$43,061,270
80$58,210,110$25,919,074$20,248,158$46,715,545
81$64,049,595$27,091,163$20,828,525$50,712,234
82$70,481,622$28,317,598$21,425,250$55,084,958
83$77,566,533$29,600,947$22,038,781$59,870,708
84$85,370,823$30,943,896$22,669,584$65,110,185
85$93,967,764$32,349,264$23,318,132$70,848,181
86$103,438,100$33,820,003$23,984,914$77,133,988
87$113,870,808$35,359,204$24,670,430$84,021,856
88$125,363,936$36,970,111$25,375,195$91,571,495
89$138,025,529$38,656,118$26,099,735$99,848,629
90$151,974,651$40,420,785$26,844,594$108,925,605
91$167,342,504$42,267,843$27,610,327$118,882,066
92$184,273,671$44,201,199$28,397,505$129,805,690
93$202,927,478$46,224,950$29,206,713$141,793,008
94$223,479,496$48,343,388$30,038,554$154,950,300
95$246,123,203$50,561,012$30,893,644$169,394,584
96$271,071,805$52,882,537$31,772,616$185,254,711
97$298,560,252$55,312,904$32,676,122$202,672,564
98$328,847,452$57,857,291$33,604,827$221,804,380
99$362,218,720$60,521,126$34,559,416$242,822,216
100$398,988,465$63,310,097$35,540,592$265,915,547