Can I retire at age 65 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,009,558
2 years$535,538$525,564$515,897$506,525$497,434$462,464
3 years$353,479$343,462$333,820$324,536$315,593$281,804
4 years$262,467$252,481$242,935$233,810$225,083$192,734
5 years$207,874$197,948$188,528$179,588$171,105$140,282
6 years$171,491$161,639$152,358$143,618$135,389$106,117
7 years$145,513$135,744$126,611$118,076$110,108$82,382
8 years$126,039$116,358$107,376$99,051$91,345$65,144
9 years$110,900$101,311$92,483$84,370$76,926$52,219
10 years$98,796$89,300$80,629$72,728$65,545$42,292
11 years$88,899$79,499$70,984$63,295$56,371$34,527
12 years$80,658$71,354$62,997$55,518$48,850$28,366
13 years$73,689$64,483$56,283$49,014$42,598$23,422
14 years$67,722$58,613$50,571$43,509$37,341$19,418
15 years$62,555$53,544$45,659$38,803$32,878$16,151
16 years$58,038$49,126$41,396$34,744$29,058$13,471
17 years$54,057$45,243$37,669$31,217$25,764$11,260
18 years$50,522$41,807$34,387$28,133$22,909$9,429
19 years$47,362$38,746$31,480$25,420$20,419$7,908
20 years$44,523$36,005$28,890$23,023$18,239$6,641
21 years$41,957$33,537$26,574$20,895$16,321$5,583
22 years$39,627$31,305$24,492$18,998$14,630$4,697
23 years$37,503$29,279$22,614$17,302$13,133$3,955
24 years$35,559$27,433$20,914$15,780$11,804$3,332
25 years$33,774$25,744$19,370$14,412$10,622$2,809
26 years$32,128$24,196$17,965$13,177$9,568$2,369
27 years$30,607$22,771$16,682$12,061$8,626$1,998
28 years$29,197$21,457$15,508$11,051$7,783$1,686
29 years$27,887$20,242$14,432$10,134$7,028$1,424
30 years$26,666$19,117$13,443$9,300$6,350$1,202
31 years$25,526$18,071$12,532$8,542$5,741$1,015
32 years$24,460$17,099$11,693$7,850$5,194$857
33 years$23,460$16,193$10,918$7,219$4,700$724
34 years$22,521$15,348$10,201$6,642$4,255$612
35 years$21,638$14,557$9,537$6,114$3,854$517
36 years$20,806$13,817$8,922$5,631$3,492$437
37 years$20,020$13,123$8,350$5,188$3,165$369
38 years$19,278$12,471$7,820$4,782$2,869$312
39 years$18,575$11,859$7,326$4,409$2,602$264
40 years$17,910$11,283$6,867$4,067$2,360$223
41 years$17,278$10,740$6,439$3,752$2,141$188
42 years$16,678$10,229$6,040$3,463$1,943$159
43 years$16,108$9,746$5,668$3,197$1,763$134
44 years$15,565$9,290$5,320$2,952$1,601$114
45 years$15,047$8,859$4,995$2,726$1,453$96
46 years$14,554$8,451$4,692$2,518$1,319$81
47 years$14,083$8,065$4,408$2,326$1,198$69
48 years$13,632$7,699$4,142$2,150$1,088$58
49 years$13,202$7,352$3,893$1,987$988$49
50 years$12,790$7,023$3,660$1,836$898$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,100,000, adding $5,596 every year, while hoping to spend $56,629 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: 57/29/14 Blend
64$13,100,000$13,100,000$13,100,000$13,100,000
65$14,441,972$13,747,672$13,544,622$15,213,087
66$15,854,801$14,361,055$13,938,114$16,349,159
67$17,409,840$15,002,596$14,342,890$17,579,817
68$19,121,535$15,673,615$14,759,269$18,919,529
69$21,005,803$16,375,494$15,187,576$20,378,759
70$23,080,184$17,109,682$15,628,149$21,969,015
71$25,364,003$17,877,697$16,081,332$23,702,948
72$27,878,556$18,681,128$16,547,481$25,594,468
73$30,647,306$19,521,642$17,026,960$27,658,876
74$33,696,111$20,400,982$17,520,142$29,912,996
75$37,053,462$21,320,977$18,027,415$32,375,339
76$40,750,753$22,283,543$18,549,171$35,066,264
77$44,822,580$23,290,687$19,085,819$38,008,172
78$49,307,064$24,344,511$19,637,774$41,225,707
79$54,246,211$25,447,219$20,205,466$44,745,990
80$59,686,311$26,601,119$20,789,336$48,598,861
81$65,678,371$27,808,631$21,389,835$52,817,162
82$72,278,600$29,072,288$22,007,429$57,437,039
83$79,548,933$30,394,747$22,642,594$62,498,274
84$87,557,626$31,778,790$23,295,822$68,044,658
85$96,379,888$33,227,335$23,967,617$74,124,393
86$106,098,599$34,743,438$24,658,495$80,790,544
87$116,805,090$36,330,300$25,368,988$88,101,532
88$128,600,003$37,991,278$26,099,642$96,121,673
89$141,594,241$39,729,889$26,851,019$104,921,783
90$155,910,019$41,549,819$27,623,693$114,579,833
91$171,682,011$43,454,929$28,418,256$125,181,679
92$189,058,624$45,449,270$29,235,317$136,821,861
93$208,203,402$47,537,081$30,075,497$149,604,488
94$229,296,562$49,722,811$30,939,439$163,644,208
95$252,536,701$52,011,119$31,827,800$179,067,280
96$278,142,668$54,406,888$32,741,256$196,012,757
97$306,355,632$56,915,237$33,680,500$214,633,783
98$337,441,355$59,541,531$34,646,244$235,099,030
99$371,692,700$62,291,394$35,639,221$257,594,274
100$409,432,401$65,170,718$36,660,181$282,324,139