Can I retire at age 65 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,076,809
2 years$568,242$557,659$547,403$537,458$527,812$496,226
3 years$375,065$364,436$354,206$344,355$334,866$304,278
4 years$278,495$267,899$257,771$248,088$238,829$209,475
5 years$220,569$210,036$200,041$190,555$181,554$153,514
6 years$181,964$171,510$161,663$152,389$143,658$116,957
7 years$154,399$144,034$134,343$125,287$116,832$91,472
8 years$133,736$123,464$113,933$105,100$96,923$72,889
9 years$117,672$107,498$98,131$89,522$81,624$58,891
10 years$104,829$94,754$85,552$77,169$69,547$48,087
11 years$94,328$84,354$75,319$67,160$59,813$39,589
12 years$85,583$75,711$66,844$58,908$51,833$32,806
13 years$78,190$68,421$59,720$52,007$45,199$27,327
14 years$71,858$62,193$53,659$46,166$39,621$22,861
15 years$66,375$56,814$48,447$41,172$34,886$19,191
16 years$61,582$52,126$43,924$36,865$30,832$16,156
17 years$57,358$48,006$39,969$33,123$27,338$13,634
18 years$53,607$44,360$36,487$29,851$24,308$11,528
19 years$50,255$41,112$33,402$26,973$21,666$9,764
20 years$47,242$38,203$30,655$24,429$19,352$8,281
21 years$44,519$35,585$28,196$22,171$17,318$7,032
22 years$42,047$33,217$25,987$20,158$15,523$5,977
23 years$39,794$31,067$23,995$18,359$13,935$5,084
24 years$37,731$29,108$22,191$16,744$12,525$4,328
25 years$35,836$27,317$20,553$15,292$11,270$3,686
26 years$34,090$25,673$19,062$13,982$10,152$3,142
27 years$32,476$24,161$17,701$12,798$9,153$2,678
28 years$30,980$22,767$16,455$11,726$8,259$2,284
29 years$29,590$21,478$15,313$10,753$7,457$1,949
30 years$28,294$20,284$14,264$9,868$6,738$1,663
31 years$27,085$19,175$13,297$9,063$6,092$1,420
32 years$25,954$18,144$12,407$8,329$5,511$1,212
33 years$24,893$17,182$11,584$7,660$4,987$1,035
34 years$23,897$16,285$10,824$7,047$4,515$884
35 years$22,960$15,446$10,119$6,488$4,090$755
36 years$22,076$14,660$9,466$5,975$3,705$645
37 years$21,243$13,924$8,860$5,505$3,358$551
38 years$20,455$13,233$8,297$5,074$3,045$471
39 years$19,710$12,583$7,774$4,679$2,761$402
40 years$19,003$11,972$7,286$4,315$2,504$344
41 years$18,333$11,396$6,832$3,981$2,272$294
42 years$17,697$10,853$6,409$3,674$2,062$251
43 years$17,091$10,341$6,014$3,392$1,871$214
44 years$16,515$9,857$5,645$3,132$1,698$183
45 years$15,966$9,400$5,301$2,892$1,542$157
46 years$15,442$8,967$4,978$2,672$1,400$134
47 years$14,943$8,557$4,677$2,468$1,271$114
48 years$14,465$8,169$4,395$2,281$1,154$98
49 years$14,008$7,801$4,131$2,108$1,048$83
50 years$13,571$7,452$3,884$1,948$952$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $13,900,000, adding $5,438 every year, while hoping to spend $37,876 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: 45/47/8 Blend
64$13,900,000$13,900,000$13,900,000$13,900,000
65$15,323,409$14,586,709$14,371,259$15,978,378
66$16,846,097$15,261,158$14,812,397$17,105,763
67$18,522,830$15,967,386$15,267,043$18,323,127
68$20,369,280$16,706,909$15,735,610$19,642,224
69$22,402,717$17,481,318$16,218,524$21,072,437
70$24,642,172$18,292,280$16,716,222$22,624,060
71$27,108,614$19,141,542$17,229,155$24,308,393
72$29,825,150$20,030,936$17,757,790$26,137,835
73$32,817,245$20,962,381$18,302,605$28,125,999
74$36,112,955$21,937,889$18,864,094$30,287,834
75$39,743,201$22,959,570$19,442,766$32,639,753
76$43,742,054$24,029,636$20,039,145$35,199,788
77$48,147,059$25,150,404$20,653,772$37,987,743
78$52,999,589$26,324,303$21,287,203$41,025,381
79$58,345,236$27,553,882$21,940,013$44,336,612
80$64,234,238$28,841,811$22,612,791$47,947,717
81$70,721,959$30,190,888$23,306,149$51,887,581
82$77,869,406$31,604,049$24,020,712$56,187,955
83$85,743,808$33,084,370$24,757,128$60,883,750
84$94,419,248$34,635,075$25,516,063$66,013,348
85$103,977,364$36,259,547$26,298,204$71,618,957
86$114,508,119$37,961,329$27,104,259$77,746,997
87$126,110,652$39,744,138$27,934,955$84,448,522
88$138,894,208$41,611,871$28,791,046$91,779,691
89$152,979,174$43,568,610$29,673,303$99,802,282
90$168,498,217$45,618,639$30,582,526$108,584,262
91$185,597,530$47,766,447$31,519,536$118,200,408
92$204,438,217$50,016,742$32,485,179$128,733,004
93$225,197,810$52,374,457$33,480,327$140,272,594
94$248,071,950$54,844,768$34,505,881$152,918,819
95$273,276,226$57,433,099$35,562,765$166,781,344
96$301,048,218$60,145,138$36,651,935$181,980,868
97$331,649,734$62,986,847$37,774,372$198,650,241
98$365,369,284$65,964,481$38,931,092$216,935,704
99$402,524,805$69,084,593$40,123,136$236,998,239
100$443,466,655$72,354,059$41,351,582$259,015,069