Can I retire at age 65 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,005,065
2 years$531,449$521,552$511,959$502,659$493,637$462,099
3 years$350,780$340,840$331,272$322,058$313,184$282,669
4 years$260,463$250,553$241,081$232,025$223,365$194,108
5 years$206,287$196,437$187,089$178,217$169,799$141,878
6 years$170,182$160,405$151,195$142,522$134,356$107,797
7 years$144,402$134,708$125,644$117,175$109,267$84,068
8 years$125,077$115,470$106,556$98,295$90,648$66,793
9 years$110,053$100,537$91,777$83,726$76,339$53,802
10 years$98,042$88,619$80,013$72,172$65,044$43,794
11 years$88,220$78,892$70,442$62,812$55,940$35,939
12 years$80,042$70,809$62,516$55,094$48,477$29,683
13 years$73,127$63,991$55,854$48,640$42,273$24,642
14 years$67,205$58,166$50,185$43,177$37,056$20,544
15 years$62,077$53,136$45,310$38,506$32,627$17,185
16 years$57,595$48,751$41,080$34,478$28,836$14,416
17 years$53,644$44,898$37,381$30,978$25,568$12,121
18 years$50,136$41,488$34,124$27,918$22,734$10,211
19 years$47,001$38,450$31,239$25,226$20,263$8,616
20 years$44,183$35,730$28,670$22,847$18,099$7,279
21 years$41,637$33,281$26,371$20,735$16,197$6,157
22 years$39,325$31,067$24,305$18,853$14,518$5,213
23 years$37,217$29,056$22,441$17,170$13,032$4,417
24 years$35,288$27,224$20,754$15,660$11,714$3,745
25 years$33,516$25,548$19,223$14,302$10,541$3,177
26 years$31,883$24,011$17,828$13,077$9,495$2,697
27 years$30,373$22,597$16,555$11,969$8,560$2,290
28 years$28,974$21,293$15,390$10,966$7,724$1,945
29 years$27,674$20,088$14,322$10,056$6,975$1,653
30 years$26,462$18,971$13,340$9,229$6,302$1,405
31 years$25,331$17,934$12,436$8,476$5,698$1,194
32 years$24,273$16,969$11,603$7,790$5,154$1,015
33 years$23,281$16,070$10,834$7,164$4,664$863
34 years$22,349$15,230$10,123$6,591$4,223$734
35 years$21,473$14,446$9,464$6,067$3,825$624
36 years$20,647$13,711$8,853$5,588$3,466$531
37 years$19,868$13,022$8,287$5,149$3,141$452
38 years$19,131$12,376$7,760$4,746$2,848$384
39 years$18,434$11,768$7,270$4,376$2,582$327
40 years$17,773$11,197$6,815$4,036$2,342$278
41 years$17,146$10,658$6,390$3,724$2,125$237
42 years$16,551$10,150$5,994$3,436$1,928$201
43 years$15,985$9,671$5,624$3,172$1,750$171
44 years$15,446$9,219$5,280$2,929$1,588$146
45 years$14,932$8,791$4,957$2,705$1,442$124
46 years$14,443$8,386$4,656$2,499$1,309$106
47 years$13,975$8,003$4,374$2,309$1,189$90
48 years$13,528$7,640$4,111$2,133$1,080$76
49 years$13,101$7,296$3,864$1,971$981$65
50 years$12,693$6,969$3,632$1,822$891$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,000,000, adding $2,728 every year, while hoping to spend $30,055 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: 53/34/13 Blend
64$13,000,000$13,000,000$13,000,000$13,000,000
65$14,328,814$13,639,814$13,438,314$15,038,957
66$15,758,375$14,276,187$13,856,519$16,159,674
67$17,332,743$14,942,734$14,287,727$17,374,942
68$19,066,658$15,640,903$14,732,341$18,696,475
69$20,976,361$16,372,211$15,190,778$20,134,358
70$23,079,748$17,138,248$15,663,467$21,699,668
71$25,396,540$17,940,679$16,150,851$23,404,577
72$27,948,469$18,781,254$16,653,386$25,262,462
73$30,759,480$19,661,804$17,171,542$27,288,026
74$33,855,964$20,584,248$17,705,806$29,497,433
75$37,266,998$21,550,602$18,256,676$31,908,450
76$41,024,625$22,562,976$18,824,668$34,540,616
77$45,164,157$23,623,582$19,410,315$37,415,414
78$49,724,505$24,734,741$20,014,164$40,556,473
79$54,748,546$25,898,885$20,636,780$43,989,780
80$60,283,532$27,118,565$21,278,747$47,743,919
81$66,381,532$28,396,454$21,940,664$51,850,338
82$73,099,924$29,735,355$22,623,152$56,343,630
83$80,501,937$31,138,208$23,326,848$61,261,861
84$88,657,249$32,608,095$24,052,412$66,646,913
85$97,642,642$34,148,245$24,800,521$72,544,876
86$107,542,729$35,762,047$25,571,877$79,006,472
87$118,450,752$37,453,052$26,367,200$86,087,522
88$130,469,462$39,224,985$27,187,234$93,849,468
89$143,712,087$41,081,749$28,032,746$102,359,937
90$158,303,404$43,027,439$28,904,527$111,693,374
91$174,380,915$45,066,347$29,803,393$121,931,728
92$192,096,145$47,202,975$30,730,183$133,165,218
93$211,616,072$49,442,041$31,685,764$145,493,169
94$233,124,705$51,788,494$32,671,031$159,024,937
95$256,824,817$54,247,523$33,686,903$173,880,930
96$282,939,865$56,824,568$34,734,331$190,193,727
97$311,716,094$59,525,335$35,814,293$208,109,316
98$343,424,863$62,355,804$36,927,800$227,788,458
99$378,365,210$65,322,249$38,075,891$249,408,185
100$416,866,668$68,431,246$39,259,641$273,163,455