Can I retire at age 65 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,063,057
2 years$551,890$541,611$531,650$521,992$512,623$499,088
3 years$364,272$353,949$344,013$334,445$325,229$312,031
4 years$270,481$260,190$250,353$240,949$231,956$219,196
5 years$214,222$203,992$194,284$185,072$176,329$164,045
6 years$176,727$166,575$157,011$148,003$139,524$127,730
7 years$149,956$139,889$130,477$121,682$113,470$102,171
8 years$129,887$119,911$110,654$102,076$94,134$83,330
9 years$114,286$104,404$95,307$86,946$79,275$68,959
10 years$101,812$92,027$83,091$74,948$67,546$57,713
11 years$91,613$81,926$73,152$65,227$58,092$48,732
12 years$83,120$73,533$64,920$57,213$50,341$41,444
13 years$75,940$66,452$58,002$50,511$43,898$35,453
14 years$69,790$60,403$52,115$44,838$38,481$30,475
15 years$64,465$55,179$47,053$39,987$33,882$26,302
16 years$59,810$50,626$42,660$35,804$29,945$22,777
17 years$55,707$46,625$38,819$32,170$26,551$19,782
18 years$52,064$43,083$35,437$28,992$23,608$17,222
19 years$48,809$39,929$32,441$26,196$21,042$15,026
20 years$45,882$37,104$29,772$23,726$18,795$13,133
21 years$43,238$34,561$27,385$21,533$16,820$11,496
22 years$40,837$32,261$25,239$19,578$15,077$10,077
23 years$38,649$30,173$23,304$17,830$13,534$8,844
24 years$36,645$28,271$21,552$16,262$12,164$7,769
25 years$34,805$26,531$19,962$14,852$10,946$6,831
26 years$33,109$24,934$18,514$13,580$9,860$6,011
27 years$31,542$23,466$17,192$12,430$8,889$5,293
28 years$30,089$22,112$15,982$11,388$8,021$4,664
29 years$28,738$20,860$14,872$10,443$7,243$4,111
30 years$27,480$19,700$13,853$9,584$6,544$3,626
31 years$26,306$18,623$12,915$8,802$5,917$3,199
32 years$25,207$17,621$12,050$8,090$5,352$2,823
33 years$24,177$16,688$11,251$7,439$4,844$2,493
34 years$23,209$15,816$10,512$6,845$4,385$2,201
35 years$22,299$15,001$9,828$6,301$3,972$1,945
36 years$21,441$14,239$9,194$5,803$3,599$1,718
37 years$20,632$13,523$8,605$5,347$3,262$1,518
38 years$19,867$12,852$8,059$4,928$2,957$1,342
39 years$19,143$12,221$7,550$4,544$2,682$1,186
40 years$18,457$11,627$7,077$4,191$2,432$1,049
41 years$17,806$11,068$6,636$3,867$2,207$927
42 years$17,187$10,541$6,224$3,569$2,002$820
43 years$16,600$10,043$5,841$3,294$1,817$725
44 years$16,040$9,573$5,483$3,042$1,649$641
45 years$15,507$9,129$5,148$2,809$1,497$567
46 years$14,998$8,709$4,835$2,595$1,360$502
47 years$14,513$8,311$4,543$2,397$1,235$444
48 years$14,049$7,934$4,269$2,215$1,121$393
49 years$13,605$7,576$4,012$2,047$1,018$347
50 years$13,181$7,237$3,772$1,892$925$307

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,500,000, adding $2,645 every year, while hoping to spend $52,375 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: 44/31/25 Blend
64$13,500,000$13,500,000$13,500,000$13,500,000
65$14,879,728$14,164,228$13,954,978$15,426,379
66$16,341,734$14,802,549$14,366,743$16,453,242
67$17,951,109$15,470,392$14,790,547$17,560,392
68$19,722,829$16,169,148$15,226,738$18,759,518
69$21,673,398$16,900,276$15,675,673$20,059,186
70$23,820,997$17,665,303$16,137,722$21,468,807
71$26,185,665$18,465,829$16,613,261$22,998,713
72$28,789,478$19,303,530$17,102,681$24,660,257
73$31,656,767$20,180,165$17,606,383$26,465,909
74$34,814,338$21,097,573$18,124,777$28,429,374
75$38,291,731$22,057,685$18,658,288$30,565,711
76$42,121,498$23,062,522$19,207,351$32,891,474
77$46,339,507$24,114,202$19,772,414$35,424,860
78$50,985,284$25,214,946$20,353,937$38,185,875
79$56,102,384$26,367,079$20,952,395$41,196,518
80$61,738,801$27,573,039$21,568,274$44,480,977
81$67,947,422$28,835,382$22,202,075$48,065,859
82$74,786,528$30,156,784$22,854,313$51,980,424
83$82,320,339$31,540,052$23,525,517$56,256,863
84$90,619,625$32,988,126$24,216,233$60,930,588
85$99,762,370$34,504,087$24,927,021$66,040,557
86$109,834,511$36,091,167$25,658,455$71,629,640
87$120,930,747$37,752,749$26,411,129$77,745,008
88$133,155,431$39,492,382$27,185,650$84,438,572
89$146,623,560$41,313,784$27,982,644$91,767,461
90$161,461,856$43,220,853$28,802,756$99,794,555
91$177,809,964$45,217,672$29,646,646$108,589,064
92$195,821,766$47,308,524$30,514,995$118,227,172
93$215,666,841$49,497,897$31,408,502$128,792,742
94$237,532,058$51,790,493$32,327,885$140,378,101
95$261,623,343$54,191,243$33,273,885$153,084,893
96$288,167,625$56,705,314$34,247,261$167,025,027
97$317,414,973$59,338,125$35,248,795$182,321,720
98$349,640,959$62,095,352$36,279,288$199,110,647
99$385,149,260$64,982,947$37,339,567$217,541,203
100$424,274,523$68,007,149$38,430,481$237,777,900