Can I retire at age 65 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,113,539
2 years$576,418$565,683$555,279$545,191$535,407$524,512
3 years$380,462$369,680$359,302$349,309$339,684$329,047
4 years$282,503$271,754$261,480$251,658$242,265$231,969
5 years$223,742$213,058$202,919$193,297$184,166$174,240
6 years$184,582$173,978$163,989$154,581$145,725$136,181
7 years$156,621$146,107$136,275$127,090$118,513$109,356
8 years$135,660$125,240$115,572$106,613$98,318$89,548
9 years$119,365$109,044$99,543$90,810$82,798$74,411
10 years$106,337$96,117$86,783$78,279$70,548$62,540
11 years$95,685$85,567$76,403$68,126$60,674$53,037
12 years$86,815$76,801$67,805$59,756$52,579$45,307
13 years$79,315$69,405$60,580$52,756$45,849$38,934
14 years$72,892$63,088$54,431$46,831$40,191$33,623
15 years$67,330$57,632$49,144$41,765$35,388$29,156
16 years$62,468$52,876$44,556$37,396$31,276$25,371
17 years$58,183$48,697$40,544$33,600$27,731$22,143
18 years$54,378$44,998$37,012$30,280$24,657$19,375
19 years$50,978$41,704$33,883$27,361$21,978$16,989
20 years$47,921$38,753$31,096$24,780$19,631$14,926
21 years$45,160$36,097$28,602$22,490$17,567$13,134
22 years$42,652$33,695$26,361$20,448$15,747$11,574
23 years$40,366$31,514$24,340$18,623$14,135$10,212
24 years$38,274$29,527$22,510$16,985$12,705$9,020
25 years$36,352$27,710$20,849$15,512$11,433$7,974
26 years$34,581$26,043$19,336$14,183$10,298$7,056
27 years$32,943$24,509$17,956$12,982$9,285$6,248
28 years$31,426$23,095$16,692$11,894$8,378$5,536
29 years$30,015$21,787$15,533$10,907$7,565$4,908
30 years$28,702$20,576$14,469$10,010$6,835$4,353
31 years$27,475$19,451$13,489$9,194$6,180$3,863
32 years$26,327$18,405$12,585$8,449$5,590$3,429
33 years$25,251$17,429$11,751$7,770$5,059$3,045
34 years$24,241$16,519$10,979$7,149$4,580$2,705
35 years$23,290$15,668$10,265$6,581$4,149$2,404
36 years$22,394$14,871$9,603$6,061$3,759$2,136
37 years$21,549$14,124$8,988$5,584$3,407$1,899
38 years$20,750$13,423$8,417$5,147$3,089$1,688
39 years$19,993$12,764$7,886$4,746$2,801$1,502
40 years$19,277$12,144$7,391$4,377$2,540$1,335
41 years$18,597$11,560$6,931$4,039$2,305$1,188
42 years$17,951$11,009$6,501$3,727$2,091$1,057
43 years$17,337$10,490$6,100$3,441$1,898$940
44 years$16,753$9,999$5,726$3,177$1,723$837
45 years$16,196$9,535$5,377$2,934$1,564$745
46 years$15,665$9,096$5,050$2,710$1,420$663
47 years$15,158$8,680$4,744$2,504$1,289$590
48 years$14,673$8,286$4,458$2,314$1,171$525
49 years$14,210$7,913$4,191$2,138$1,064$467
50 years$13,767$7,559$3,940$1,976$966$416

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $14,100,000, adding $6,091 every year, while hoping to spend $43,722 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: 83/8/9 Blend
64$14,100,000$14,100,000$14,100,000$14,100,000
65$15,544,483$14,797,183$14,578,633$16,815,152
66$17,083,500$15,475,725$15,020,497$18,325,710
67$18,778,032$16,186,050$15,475,699$19,977,715
68$20,643,895$16,929,670$15,944,638$21,790,507
69$22,698,516$17,708,168$16,427,727$23,780,195
70$24,961,100$18,523,204$16,925,392$25,964,526
71$27,452,809$19,376,518$17,438,069$28,363,042
72$30,196,962$20,269,933$17,966,210$30,997,265
73$33,219,252$21,205,360$18,510,279$33,890,903
74$36,547,996$22,184,803$19,070,753$37,070,066
75$40,214,394$23,210,360$19,648,126$40,563,514
76$44,252,826$24,284,232$20,242,902$44,402,927
77$48,701,181$25,408,726$20,855,606$48,623,200
78$53,601,207$26,586,259$21,486,774$53,262,773
79$58,998,909$27,819,365$22,136,961$58,363,990
80$64,944,984$29,110,700$22,806,735$63,973,496
81$71,495,297$30,463,049$23,496,685$70,142,676
82$78,711,408$31,879,329$24,207,414$76,928,141
83$86,661,155$33,362,600$24,939,547$84,392,253
84$95,419,294$34,916,068$25,693,722$92,603,716
85$105,068,203$36,543,096$26,470,602$101,638,223
86$115,698,658$38,247,206$27,270,866$111,579,163
87$127,410,695$40,032,093$28,095,214$122,518,408
88$140,314,549$41,901,629$28,944,367$134,557,180
89$154,531,697$43,859,873$29,819,067$147,806,998
90$170,196,003$45,911,080$30,720,079$162,390,732
91$187,454,985$48,059,712$31,648,191$178,443,756
92$206,471,200$50,310,444$32,604,212$196,115,225
93$227,423,787$52,668,181$33,588,978$215,569,478
94$250,510,153$55,138,061$34,603,349$236,987,588
95$275,947,836$57,725,474$35,648,208$260,569,062
96$303,976,561$60,436,067$36,724,468$286,533,726
97$334,860,499$63,275,764$37,833,068$315,123,794
98$368,890,767$66,250,774$38,974,973$346,606,147
99$406,388,169$69,367,605$40,151,178$381,274,852
100$447,706,229$72,633,084$41,362,708$419,453,931