Can I retire at age 65 with 17,900,000?

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 $17,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,478,165$1,464,999$1,452,153$1,439,614$1,427,371$1,375,633
2 years$731,765$718,137$704,928$692,122$679,701$628,143
3 years$482,997$469,310$456,135$443,449$431,230$381,474
4 years$358,638$344,993$331,950$319,480$307,557$259,982
5 years$284,042$270,478$257,607$245,392$233,800$188,531
6 years$234,327$220,866$208,184$196,242$184,998$142,067
7 years$198,831$185,483$173,002$161,341$150,453$109,851
8 years$172,221$158,993$146,720$135,345$124,815$86,507
9 years$151,535$138,432$126,370$115,284$105,112$69,046
10 years$134,996$122,021$110,172$99,376$89,561$55,674
11 years$121,473$108,628$96,994$86,487$77,025$45,246
12 years$110,211$97,499$86,079$75,860$66,749$36,999
13 years$100,690$88,110$76,906$66,973$58,206$30,404
14 years$92,536$80,090$69,101$59,452$51,023$25,084
15 years$85,476$73,164$62,388$53,020$44,925$20,761
16 years$79,304$67,126$56,564$47,474$39,705$17,228
17 years$73,864$61,821$51,471$42,655$35,205$14,326
18 years$69,033$57,125$46,987$38,441$31,303$11,934
19 years$64,717$52,943$43,014$34,734$27,901$9,956
20 years$60,836$49,197$39,476$31,459$24,921$8,316
21 years$57,330$45,825$36,310$28,551$22,302$6,953
22 years$54,147$42,776$33,466$25,959$19,990$5,818
23 years$51,245$40,008$30,900$23,642$17,945$4,872
24 years$48,589$37,485$28,577$21,562$16,129$4,082
25 years$46,149$35,177$26,468$19,692$14,514$3,422
26 years$43,900$33,061$24,548$18,005$13,073$2,869
27 years$41,822$31,114$22,795$16,481$11,787$2,407
28 years$39,895$29,319$21,191$15,100$10,635$2,020
29 years$38,105$27,659$19,720$13,847$9,603$1,695
30 years$36,437$26,121$18,368$12,708$8,677$1,423
31 years$34,879$24,693$17,124$11,671$7,845$1,195
32 years$33,422$23,365$15,977$10,726$7,096$1,003
33 years$32,056$22,127$14,918$9,864$6,422$843
34 years$30,773$20,971$13,938$9,075$5,815$708
35 years$29,567$19,891$13,031$8,354$5,267$594
36 years$28,429$18,879$12,191$7,694$4,772$499
37 years$27,356$17,931$11,410$7,089$4,325$419
38 years$26,342$17,041$10,685$6,534$3,921$352
39 years$25,382$16,204$10,011$6,025$3,556$296
40 years$24,472$15,417$9,383$5,557$3,225$249
41 years$23,609$14,675$8,798$5,127$2,926$209
42 years$22,789$13,976$8,253$4,732$2,655$176
43 years$22,010$13,317$7,745$4,368$2,409$148
44 years$21,268$12,694$7,270$4,033$2,187$124
45 years$20,561$12,104$6,826$3,725$1,985$104
46 years$19,886$11,547$6,411$3,441$1,803$88
47 years$19,243$11,020$6,023$3,179$1,637$74
48 years$18,628$10,520$5,660$2,937$1,487$62
49 years$18,039$10,046$5,320$2,714$1,350$52
50 years$17,477$9,596$5,002$2,509$1,226$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $17,900,000, adding $3,660 every year, while hoping to spend $36,166 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: 45/38/17 Blend
64$17,900,000$17,900,000$17,900,000$17,900,000
65$19,729,575$18,780,875$18,503,425$20,521,023
66$21,703,512$19,662,658$19,084,810$21,956,508
67$23,877,577$20,586,436$19,684,458$23,508,303
68$26,272,147$21,554,228$20,302,945$25,190,305
69$28,909,674$22,568,153$20,940,861$27,014,594
70$31,814,898$23,630,430$21,598,817$28,994,433
71$35,015,082$24,743,386$22,277,442$31,144,378
72$38,540,270$25,909,461$22,977,386$33,480,416
73$42,423,567$27,131,214$23,699,318$36,020,100
74$46,701,455$28,411,327$24,443,929$38,782,713
75$51,414,133$29,752,612$25,211,930$41,789,437
76$56,605,902$31,158,017$26,004,058$45,063,543
77$62,325,579$32,630,635$26,821,068$48,630,606
78$68,626,958$34,173,706$27,663,744$52,518,733
79$75,569,319$35,790,628$28,532,890$56,758,815
80$83,217,986$37,484,966$29,429,339$61,384,815
81$91,644,946$39,260,455$30,353,948$66,434,071
82$100,929,527$41,121,013$31,307,601$71,947,637
83$111,159,143$43,070,748$32,291,210$77,970,662
84$122,430,127$45,113,966$33,305,717$84,552,799
85$134,848,633$47,255,183$34,352,091$91,748,659
86$148,531,641$49,499,134$35,431,334$99,618,318
87$163,608,062$51,850,786$36,544,477$108,227,862
88$180,219,953$54,315,343$37,692,586$117,650,001
89$198,523,859$56,898,266$38,876,759$127,964,735
90$218,692,290$59,605,278$40,098,127$139,260,091
91$240,915,349$62,442,382$41,357,860$151,632,940
92$265,402,528$65,415,872$42,657,162$165,189,890
93$292,384,685$68,532,349$43,997,275$180,048,274
94$322,116,221$71,798,732$45,379,482$196,337,232
95$354,877,485$75,222,280$46,805,105$214,198,915
96$390,977,419$78,810,602$48,275,506$233,789,800
97$430,756,472$82,571,678$49,792,092$255,282,145
98$474,589,819$86,513,876$51,356,313$278,865,589
99$522,890,896$90,645,972$52,969,666$304,748,917
100$576,115,311$94,977,168$54,633,693$333,162,004