Can I retire at age 67 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,037,714
2 years$539,626$529,576$519,835$510,392$501,232$486,276
3 years$356,177$346,083$336,368$327,013$318,002$303,429
4 years$264,470$254,408$244,790$235,594$226,802$212,723
5 years$209,461$199,459$189,967$180,959$172,411$158,868
6 years$172,800$162,873$153,521$144,714$136,423$123,432
7 years$146,624$136,781$127,577$118,978$110,948$98,513
8 years$127,001$117,246$108,195$99,807$92,042$80,162
9 years$111,746$102,084$93,189$85,014$77,513$66,181
10 years$99,550$89,982$81,244$73,283$66,045$55,253
11 years$89,578$80,106$71,526$63,778$56,801$46,539
12 years$81,273$71,899$63,477$55,942$49,222$39,478
13 years$74,252$64,975$56,713$49,388$42,923$33,683
14 years$68,239$59,061$50,957$43,841$37,626$28,877
15 years$63,032$53,953$46,007$39,099$33,129$24,854
16 years$58,481$49,501$41,712$35,009$29,279$21,464
17 years$54,469$45,589$37,956$31,455$25,961$18,589
18 years$50,907$42,126$34,649$28,347$23,083$16,137
19 years$47,724$39,042$31,720$25,614$20,575$14,038
20 years$44,863$36,280$29,111$23,199$18,378$12,233
21 years$42,277$33,793$26,776$21,054$16,446$10,677
22 years$39,930$31,544$24,679$19,143$14,742$9,330
23 years$37,790$29,503$22,786$17,434$13,233$8,163
24 years$35,831$27,642$21,073$15,901$11,894$7,149
25 years$34,032$25,941$19,518$14,522$10,703$6,266
26 years$32,373$24,380$18,102$13,278$9,641$5,496
27 years$30,841$22,945$16,809$12,153$8,692$4,824
28 years$29,420$21,621$15,627$11,135$7,843$4,237
29 years$28,100$20,397$14,542$10,211$7,082$3,723
30 years$26,869$19,262$13,545$9,371$6,399$3,273
31 years$25,721$18,209$12,628$8,607$5,785$2,878
32 years$24,647$17,230$11,782$7,910$5,233$2,532
33 years$23,639$16,317$11,001$7,274$4,736$2,228
34 years$22,693$15,465$10,279$6,693$4,288$1,961
35 years$21,803$14,668$9,610$6,161$3,884$1,726
36 years$20,965$13,922$8,990$5,674$3,519$1,520
37 years$20,173$13,223$8,414$5,228$3,189$1,339
38 years$19,425$12,566$7,880$4,819$2,891$1,179
39 years$18,717$11,949$7,382$4,443$2,622$1,039
40 years$18,046$11,369$6,919$4,098$2,378$915
41 years$17,410$10,822$6,488$3,781$2,158$806
42 years$16,806$10,307$6,086$3,489$1,958$711
43 years$16,231$9,820$5,711$3,221$1,777$626
44 years$15,683$9,361$5,361$2,974$1,613$552
45 years$15,162$8,926$5,034$2,747$1,464$487
46 years$14,665$8,515$4,728$2,537$1,329$429
47 years$14,190$8,126$4,442$2,344$1,207$378
48 years$13,737$7,757$4,174$2,166$1,096$333
49 years$13,303$7,408$3,923$2,002$996$294
50 years$12,888$7,076$3,688$1,850$904$259

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,200,000, adding $6,577 every year, while hoping to spend $59,938 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: 22/48/30 Blend
66$13,200,000$13,200,000$13,200,000$13,200,000
67$14,553,184$13,853,584$13,648,984$14,735,318
68$15,973,835$14,468,636$14,042,452$15,515,378
69$17,537,384$15,111,817$14,447,091$16,343,871
70$19,258,343$15,784,441$14,863,214$17,228,915
71$21,152,702$16,487,887$15,291,140$18,175,180
72$23,238,081$17,223,597$15,731,196$19,187,767
73$25,533,894$17,993,082$16,183,720$20,272,248
74$28,061,534$18,797,926$16,649,058$21,434,713
75$30,844,574$19,639,788$17,127,565$22,681,824
76$33,908,988$20,520,405$17,619,606$24,020,866
77$37,283,398$21,441,598$18,125,556$25,459,811
78$40,999,342$22,405,274$18,645,799$27,007,385
79$45,091,573$23,413,430$19,180,732$28,673,141
80$49,598,386$24,468,161$19,730,759$30,467,545
81$54,561,979$25,571,658$20,296,297$32,402,060
82$60,028,852$26,726,221$20,877,774$34,489,249
83$66,050,245$27,934,256$21,475,630$36,742,885
84$72,682,621$29,198,286$22,090,315$39,178,064
85$79,988,200$30,520,953$22,722,292$41,811,348
86$88,035,545$31,905,028$23,372,037$44,660,900
87$96,900,208$33,353,412$24,040,038$47,746,649
88$106,665,446$34,869,146$24,726,795$51,090,468
89$117,423,002$36,455,415$25,432,824$54,716,361
90$129,273,976$38,115,558$26,158,651$58,650,685
91$142,329,775$39,853,073$26,904,819$62,922,379
92$156,713,165$41,671,628$27,671,884$67,563,225
93$172,559,433$43,575,062$28,460,417$72,608,133
94$190,017,658$45,567,403$29,271,004$78,095,455
95$209,252,123$47,652,870$30,104,246$84,067,332
96$230,443,862$49,835,883$30,960,761$90,570,070
97$253,792,371$52,121,076$31,841,182$97,654,566
98$279,517,490$54,513,306$32,746,159$105,376,764
99$307,861,478$57,017,662$33,676,359$113,798,167
100$339,091,298$59,639,477$34,632,466$122,986,396