Can I retire at age 65 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,080,424
2 years$564,154$553,647$543,464$533,591$524,015$503,929
3 years$372,367$361,815$351,657$341,877$332,457$312,918
4 years$276,492$265,972$255,917$246,303$237,111$218,270
5 years$218,982$208,525$198,602$189,185$180,248$162,160
6 years$180,655$170,277$160,500$151,292$142,624$125,308
7 years$153,289$142,998$133,376$124,386$115,992$99,452
8 years$132,774$122,576$113,113$104,344$96,226$80,460
9 years$116,826$106,724$97,425$88,878$81,036$66,033
10 years$104,075$94,072$84,937$76,614$69,047$54,794
11 years$93,649$83,747$74,777$66,677$59,383$45,864
12 years$84,967$75,167$66,363$58,485$51,460$38,656
13 years$77,627$67,929$59,291$51,633$44,874$32,766
14 years$71,341$61,745$53,273$45,834$39,336$27,902
15 years$65,897$56,405$48,098$40,876$34,635$23,851
16 years$61,139$51,751$43,608$36,600$30,610$20,454
17 years$56,945$47,661$39,682$32,885$27,141$17,589
18 years$53,221$44,041$36,224$29,636$24,133$15,159
19 years$49,893$40,816$33,162$26,779$21,510$13,090
20 years$46,902$37,929$30,434$24,253$19,213$11,323
21 years$44,199$35,329$27,994$22,011$17,194$9,808
22 years$41,745$32,978$25,800$20,013$15,412$8,506
23 years$39,507$30,844$23,822$18,226$13,834$7,384
24 years$37,460$28,899$22,031$16,624$12,435$6,416
25 years$35,579$27,120$20,405$15,182$11,189$5,580
26 years$33,845$25,489$18,925$13,881$10,079$4,855
27 years$32,243$23,988$17,574$12,706$9,087$4,228
28 years$30,757$22,603$16,337$11,641$8,199$3,683
29 years$29,377$21,324$15,203$10,675$7,404$3,210
30 years$28,091$20,138$14,161$9,797$6,690$2,798
31 years$26,890$19,037$13,202$8,998$6,048$2,441
32 years$25,767$18,013$12,318$8,269$5,471$2,129
33 years$24,714$17,059$11,501$7,604$4,951$1,858
34 years$23,725$16,168$10,746$6,997$4,483$1,622
35 years$22,794$15,335$10,047$6,441$4,060$1,416
36 years$21,918$14,555$9,398$5,932$3,679$1,236
37 years$21,090$13,824$8,797$5,465$3,334$1,079
38 years$20,308$13,138$8,238$5,038$3,023$943
39 years$19,568$12,493$7,718$4,645$2,741$823
40 years$18,867$11,886$7,234$4,284$2,486$719
41 years$18,201$11,314$6,783$3,953$2,256$628
42 years$17,569$10,775$6,363$3,648$2,047$549
43 years$16,968$10,266$5,971$3,367$1,858$480
44 years$16,396$9,786$5,604$3,109$1,686$419
45 years$15,851$9,332$5,262$2,872$1,531$366
46 years$15,331$8,902$4,943$2,652$1,390$320
47 years$14,835$8,496$4,643$2,451$1,262$280
48 years$14,361$8,110$4,364$2,264$1,146$244
49 years$13,908$7,745$4,101$2,093$1,041$214
50 years$13,474$7,398$3,856$1,934$945$187

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,800,000, adding $5,229 every year, while hoping to spend $34,577 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: 33/48/19 Blend
64$13,800,000$13,800,000$13,800,000$13,800,000
65$15,212,994$14,481,594$14,267,694$15,625,462
66$16,727,929$15,154,402$14,708,872$16,604,469
67$18,396,230$15,859,019$15,163,670$17,655,332
68$20,233,501$16,596,967$15,632,510$18,787,185
69$22,256,941$17,369,842$16,115,822$20,007,171
70$24,485,501$18,179,315$16,614,053$21,323,111
71$26,940,061$19,027,141$17,127,663$22,743,572
72$29,643,633$19,915,157$17,657,126$24,277,941
73$32,621,574$20,845,290$18,202,929$25,936,505
74$35,901,824$21,819,559$18,765,578$27,730,541
75$39,515,176$22,840,082$19,345,590$29,672,414
76$43,495,556$23,909,079$19,943,500$31,775,687
77$47,880,356$25,028,877$20,559,860$34,055,236
78$52,710,775$26,201,915$21,195,238$36,527,383
79$58,032,215$27,430,750$21,850,220$39,210,044
80$63,894,708$28,718,064$22,525,409$42,122,880
81$70,353,387$30,066,667$23,221,428$45,287,479
82$77,469,005$31,479,506$23,938,919$48,727,545
83$85,308,512$32,959,671$24,678,542$52,469,110
84$93,945,686$34,510,401$25,440,978$56,540,769
85$103,461,827$36,135,091$26,226,932$60,973,935
86$113,946,525$37,837,302$27,037,125$65,803,123
87$125,498,507$39,620,766$27,872,306$71,066,264
88$138,226,568$41,489,397$28,733,242$76,805,043
89$152,250,599$43,447,299$29,620,726$83,065,282
90$167,702,716$45,498,773$30,535,577$89,897,352
91$184,728,510$47,648,329$31,478,635$97,356,635
92$203,488,418$49,900,698$32,450,770$105,504,029
93$224,159,242$52,260,836$33,452,875$114,406,501
94$246,935,812$54,733,945$34,485,874$124,137,703
95$272,032,830$57,325,474$35,550,716$134,778,645
96$299,686,896$60,041,139$36,648,382$146,418,438
97$330,158,738$62,886,933$37,779,882$159,155,116
98$363,735,676$65,869,140$38,946,255$173,096,534
99$400,734,336$68,994,349$40,148,576$188,361,364
100$441,503,635$72,269,469$41,387,949$205,080,190