Can I retire at age 65 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,386,486
2 years$719,501$706,101$693,114$680,522$668,309$651,238
3 years$474,902$461,445$448,491$436,017$424,003$407,354
4 years$352,627$339,211$326,386$314,126$302,402$286,304
5 years$279,281$265,945$253,289$241,279$229,881$214,380
6 years$230,400$217,164$204,695$192,953$181,897$167,012
7 years$195,499$182,374$170,103$158,637$147,931$133,668
8 years$169,334$156,328$144,261$133,077$122,723$109,080
9 years$148,995$136,112$124,252$113,352$103,351$90,323
10 years$132,733$119,976$108,325$97,710$88,060$75,638
11 years$119,437$106,808$95,368$85,037$75,735$63,907
12 years$108,364$95,865$84,637$74,589$65,630$54,385
13 years$99,003$86,634$75,617$65,851$57,231$46,553
14 years$90,985$78,748$67,942$58,455$50,168$40,043
15 years$84,043$71,937$61,343$52,132$44,172$34,583
16 years$77,975$66,001$55,616$46,678$39,039$29,970
17 years$72,626$60,785$50,609$41,940$34,615$26,047
18 years$67,876$56,168$46,199$37,796$30,778$22,693
19 years$63,632$52,056$42,293$34,152$27,433$19,813
20 years$59,817$48,373$38,815$30,932$24,504$17,330
21 years$56,369$45,057$35,702$28,072$21,928$15,181
22 years$53,240$42,059$32,905$25,524$19,655$13,318
23 years$50,386$39,337$30,382$23,245$17,644$11,696
24 years$47,775$36,856$28,098$21,201$15,859$10,283
25 years$45,376$34,588$26,024$19,362$14,270$9,049
26 years$43,165$32,507$24,136$17,704$12,854$7,969
27 years$41,121$30,593$22,413$16,205$11,589$7,023
28 years$39,227$28,828$20,835$14,847$10,457$6,192
29 years$37,466$27,196$19,389$13,615$9,443$5,463
30 years$35,826$25,683$18,060$12,495$8,532$4,822
31 years$34,295$24,279$16,837$11,476$7,714$4,258
32 years$32,862$22,973$15,709$10,547$6,978$3,761
33 years$31,519$21,756$14,668$9,698$6,315$3,324
34 years$30,258$20,620$13,705$8,923$5,717$2,938
35 years$29,071$19,557$12,813$8,214$5,178$2,597
36 years$27,953$18,563$11,986$7,565$4,692$2,296
37 years$26,898$17,630$11,219$6,970$4,252$2,031
38 years$25,900$16,755$10,506$6,425$3,855$1,797
39 years$24,956$15,933$9,843$5,924$3,496$1,590
40 years$24,062$15,159$9,226$5,464$3,171$1,407
41 years$23,213$14,429$8,651$5,041$2,877$1,245
42 years$22,407$13,742$8,115$4,652$2,610$1,102
43 years$21,641$13,093$7,615$4,295$2,369$975
44 years$20,911$12,481$7,148$3,966$2,150$863
45 years$20,216$11,902$6,711$3,662$1,952$764
46 years$19,553$11,354$6,304$3,383$1,772$676
47 years$18,920$10,835$5,922$3,125$1,610$599
48 years$18,315$10,343$5,565$2,888$1,462$530
49 years$17,737$9,877$5,231$2,669$1,328$470
50 years$17,184$9,435$4,918$2,467$1,206$416

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,600,000, adding $3,475 every year, while hoping to spend $33,969 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: 60/22/18 Blend
64$17,600,000$17,600,000$17,600,000$17,600,000
65$19,398,784$18,465,984$18,193,184$20,472,255
66$21,341,318$19,334,675$18,766,513$22,066,890
67$23,480,851$20,244,793$19,357,910$23,801,692
68$25,837,442$21,198,332$19,967,945$25,693,504
69$28,433,194$22,197,383$20,597,204$27,757,532
70$31,292,464$23,244,139$21,246,294$30,010,499
71$34,442,089$24,340,896$21,915,839$32,470,798
72$37,911,648$25,490,065$22,606,485$35,158,659
73$41,733,730$26,694,172$23,318,896$38,096,341
74$45,944,249$27,955,866$24,053,759$41,308,327
75$50,582,783$29,277,924$24,811,780$44,821,558
76$55,692,942$30,663,257$25,593,689$48,665,679
77$61,322,785$32,114,919$26,400,241$52,873,309
78$67,525,270$33,636,112$27,232,210$57,480,349
79$74,358,757$35,230,191$28,090,398$62,526,310
80$81,887,556$36,900,675$28,975,632$68,054,679
81$90,182,535$38,651,257$29,888,764$74,113,326
82$99,321,789$40,485,803$30,830,673$80,754,942
83$109,391,376$42,408,373$31,802,266$88,037,535
84$120,486,133$44,423,220$32,804,478$96,024,966
85$132,710,565$46,534,804$33,838,275$104,787,545
86$146,179,837$48,747,804$34,904,651$114,402,682
87$161,020,858$51,067,124$36,004,634$124,955,612
88$177,373,479$53,497,906$37,139,283$136,540,190
89$195,391,815$56,045,545$38,309,691$149,259,765
90$215,245,698$58,715,694$39,516,983$163,228,143
91$237,122,281$61,514,285$40,762,323$178,570,656
92$261,227,803$64,447,534$42,046,910$195,425,327
93$287,789,538$67,521,962$43,371,981$213,944,164
94$317,057,940$70,744,407$44,738,811$234,294,584
95$349,309,005$74,122,039$46,148,717$256,660,975
96$384,846,881$77,662,376$47,603,057$281,246,427
97$424,006,733$81,373,303$49,103,229$308,274,631
98$467,157,913$85,263,088$50,650,680$337,991,980
99$514,707,442$89,340,401$52,246,900$370,669,875
100$567,103,854$93,614,333$53,893,424$406,607,271