Can I retire at age 66 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%12.3%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,089,846
2 years$564,154$553,647$543,464$533,591$524,015$513,352
3 years$372,367$361,815$351,657$341,877$332,457$322,046
4 years$276,492$265,972$255,917$246,303$237,111$227,034
5 years$218,982$208,525$198,602$189,185$180,248$170,533
6 years$180,655$170,277$160,500$151,292$142,624$133,284
7 years$153,289$142,998$133,376$124,386$115,992$107,030
8 years$132,774$122,576$113,113$104,344$96,226$87,643
9 years$116,826$106,724$97,425$88,878$81,036$72,828
10 years$104,075$94,072$84,937$76,614$69,047$61,209
11 years$93,649$83,747$74,777$66,677$59,383$51,909
12 years$84,967$75,167$66,363$58,485$51,460$44,343
13 years$77,627$67,929$59,291$51,633$44,874$38,105
14 years$71,341$61,745$53,273$45,834$39,336$32,907
15 years$65,897$56,405$48,098$40,876$34,635$28,536
16 years$61,139$51,751$43,608$36,600$30,610$24,831
17 years$56,945$47,661$39,682$32,885$27,141$21,672
18 years$53,221$44,041$36,224$29,636$24,133$18,962
19 years$49,893$40,816$33,162$26,779$21,510$16,628
20 years$46,902$37,929$30,434$24,253$19,213$14,608
21 years$44,199$35,329$27,994$22,011$17,194$12,855
22 years$41,745$32,978$25,800$20,013$15,412$11,328
23 years$39,507$30,844$23,822$18,226$13,834$9,995
24 years$37,460$28,899$22,031$16,624$12,435$8,828
25 years$35,579$27,120$20,405$15,182$11,189$7,805
26 years$33,845$25,489$18,925$13,881$10,079$6,906
27 years$32,243$23,988$17,574$12,706$9,087$6,115
28 years$30,757$22,603$16,337$11,641$8,199$5,418
29 years$29,377$21,324$15,203$10,675$7,404$4,803
30 years$28,091$20,138$14,161$9,797$6,690$4,261
31 years$26,890$19,037$13,202$8,998$6,048$3,781
32 years$25,767$18,013$12,318$8,269$5,471$3,356
33 years$24,714$17,059$11,501$7,604$4,951$2,980
34 years$23,725$16,168$10,746$6,997$4,483$2,648
35 years$22,794$15,335$10,047$6,441$4,060$2,353
36 years$21,918$14,555$9,398$5,932$3,679$2,091
37 years$21,090$13,824$8,797$5,465$3,334$1,859
38 years$20,308$13,138$8,238$5,038$3,023$1,653
39 years$19,568$12,493$7,718$4,645$2,741$1,470
40 years$18,867$11,886$7,234$4,284$2,486$1,307
41 years$18,201$11,314$6,783$3,953$2,256$1,163
42 years$17,569$10,775$6,363$3,648$2,047$1,034
43 years$16,968$10,266$5,971$3,367$1,858$920
44 years$16,396$9,786$5,604$3,109$1,686$819
45 years$15,851$9,332$5,262$2,872$1,531$729
46 years$15,331$8,902$4,943$2,652$1,390$648
47 years$14,835$8,496$4,643$2,451$1,262$577
48 years$14,361$8,110$4,364$2,264$1,146$514
49 years$13,908$7,745$4,101$2,093$1,041$457
50 years$13,474$7,398$3,856$1,934$945$407

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 66 starting with $13,800,000, adding $6,919 every year, while hoping to spend $28,783 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: 62/14/24 Blend
65$13,800,000$13,800,000$13,800,000$13,800,000
66$15,214,737$14,483,337$14,269,437$16,061,173
67$16,736,015$15,162,396$14,716,838$17,314,222
68$18,411,499$15,873,763$15,178,263$18,677,978
69$20,256,887$16,618,993$15,654,150$20,166,383
70$22,289,479$17,399,713$16,144,953$21,791,606
71$24,528,336$18,217,629$16,651,139$23,567,039
72$26,994,464$19,074,531$17,173,190$25,507,416
73$29,711,011$19,972,294$17,711,604$27,628,951
74$32,703,484$20,912,886$18,266,892$29,949,488
75$35,999,990$21,898,369$18,839,584$32,488,665
76$39,631,504$22,930,904$19,430,225$35,268,098
77$43,632,157$24,012,757$20,039,377$38,311,579
78$48,039,561$25,146,306$20,667,620$41,645,298
79$52,895,163$26,334,042$21,315,552$45,298,090
80$58,244,637$27,578,578$21,983,790$49,301,697
81$64,138,314$28,882,652$22,672,971$53,691,066
82$70,631,656$30,249,136$23,383,750$58,504,677
83$77,785,784$31,681,042$24,116,804$63,784,899
84$85,668,047$33,181,527$24,872,831$69,578,387
85$94,352,668$34,753,901$25,652,550$75,936,515
86$103,921,433$36,401,636$26,456,704$82,915,859
87$114,464,474$38,128,371$27,286,058$90,578,723
88$126,081,111$39,937,922$28,141,402$98,993,725
89$138,880,795$41,834,290$29,023,549$108,236,434
90$152,984,138$43,821,672$29,933,340$118,390,082
91$168,524,053$45,904,468$30,871,640$129,546,343
92$185,647,009$48,087,289$31,839,342$141,806,188
93$204,514,412$50,374,974$32,837,368$155,280,836
94$225,304,129$52,772,595$33,866,667$170,092,793
95$248,212,169$55,285,471$34,928,219$186,377,005
96$273,454,529$57,919,178$36,023,034$204,282,119
97$301,269,240$60,679,566$37,152,154$223,971,884
98$331,918,604$63,572,767$38,316,653$245,626,685
99$365,691,681$66,605,212$39,517,640$269,445,237
100$402,907,009$69,783,644$40,756,257$295,646,452