Can I retire at age 67 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,055,648
2 years$543,714$533,587$523,774$514,258$505,029$500,070
3 years$358,875$348,705$338,916$329,490$320,411$315,559
4 years$266,474$256,335$246,644$237,379$228,520$223,813
5 years$211,048$200,970$191,406$182,330$173,717$169,169
6 years$174,109$164,107$154,685$145,811$137,456$133,073
7 years$147,735$137,817$128,544$119,879$111,789$107,572
8 years$127,963$118,135$109,015$100,564$92,740$88,690
9 years$112,593$102,857$93,895$85,658$78,100$74,216
10 years$100,304$90,664$81,860$73,838$66,545$62,826
11 years$90,256$80,713$72,068$64,261$57,231$53,674
12 years$81,889$72,443$63,958$56,366$49,595$46,197
13 years$74,814$65,468$57,143$49,762$43,248$40,006
14 years$68,756$59,508$51,343$44,173$37,911$34,821
15 years$63,510$54,362$46,356$39,395$33,380$30,438
16 years$58,924$49,876$42,028$35,274$29,501$26,704
17 years$54,882$45,934$38,244$31,693$26,158$23,501
18 years$51,293$42,445$34,912$28,562$23,258$20,738
19 years$48,086$39,338$31,960$25,808$20,731$18,341
20 years$45,202$36,554$29,331$23,374$18,517$16,255
21 years$42,597$34,049$26,979$21,214$16,571$14,431
22 years$40,232$31,783$24,866$19,288$14,853$12,831
23 years$38,076$29,726$22,959$17,566$13,333$11,424
24 years$36,102$27,852$21,233$16,021$11,984$10,183
25 years$34,289$26,137$19,666$14,632$10,784$9,087
26 years$32,619$24,565$18,239$13,378$9,714$8,116
27 years$31,074$23,119$16,937$12,246$8,758$7,255
28 years$29,643$21,784$15,745$11,220$7,902$6,490
29 years$28,312$20,551$14,652$10,289$7,136$5,810
30 years$27,073$19,408$13,648$9,442$6,447$5,203
31 years$25,916$18,347$12,723$8,672$5,829$4,663
32 years$24,833$17,360$11,871$7,970$5,273$4,180
33 years$23,818$16,441$11,084$7,329$4,772$3,749
34 years$22,865$15,582$10,356$6,743$4,320$3,364
35 years$21,968$14,779$9,683$6,208$3,913$3,019
36 years$21,123$14,028$9,058$5,717$3,546$2,711
37 years$20,326$13,323$8,478$5,267$3,213$2,434
38 years$19,572$12,662$7,939$4,855$2,913$2,186
39 years$18,859$12,040$7,438$4,477$2,642$1,964
40 years$18,183$11,455$6,972$4,129$2,396$1,765
41 years$17,542$10,904$6,537$3,810$2,174$1,586
42 years$16,933$10,385$6,132$3,516$1,973$1,426
43 years$16,354$9,895$5,754$3,245$1,790$1,282
44 years$15,802$9,432$5,401$2,997$1,625$1,153
45 years$15,277$8,994$5,072$2,768$1,475$1,036
46 years$14,776$8,580$4,764$2,556$1,339$932
47 years$14,298$8,188$4,475$2,362$1,216$838
48 years$13,841$7,816$4,205$2,182$1,105$754
49 years$13,404$7,464$3,953$2,017$1,003$678
50 years$12,985$7,130$3,716$1,864$911$610

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,300,000, adding $6,185 every year, while hoping to spend $51,198 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: 79/10/11 Blend
66$13,300,000$13,300,000$13,300,000$13,300,000
67$14,662,980$13,958,080$13,751,930$15,792,319
68$16,104,129$14,587,551$14,158,145$17,164,593
69$17,690,560$15,246,151$14,576,253$18,662,481
70$19,437,037$15,935,252$15,006,597$20,304,297
71$21,359,829$16,656,294$15,449,532$22,104,396
72$23,476,863$17,410,783$15,905,422$24,078,585
73$25,807,891$18,200,300$16,374,642$26,244,268
74$28,374,680$19,026,499$16,857,577$28,620,613
75$31,201,215$19,891,115$17,354,623$31,228,727
76$34,313,925$20,795,965$17,866,189$34,091,856
77$37,741,931$21,742,954$18,392,693$37,235,601
78$41,517,326$22,734,076$18,934,566$40,688,158
79$45,675,472$23,771,424$19,492,252$44,480,583
80$50,255,334$24,857,188$20,066,207$48,647,082
81$55,299,853$25,993,666$20,656,900$53,225,331
82$60,856,345$27,183,262$21,264,813$58,256,829
83$66,976,950$28,428,500$21,890,442$63,787,292
84$73,719,125$29,732,022$22,534,297$69,867,074
85$81,146,182$31,096,598$23,196,903$76,551,646
86$89,327,893$32,525,131$23,878,799$83,902,113
87$98,341,139$34,020,663$24,580,540$91,985,791
88$108,270,643$35,586,384$25,302,696$100,876,837
89$119,209,766$37,225,634$26,045,853$110,656,946
90$131,261,388$38,941,916$26,810,615$121,416,120
91$144,538,880$40,738,900$27,597,602$133,253,515
92$159,167,175$42,620,436$28,407,450$146,278,369
93$175,283,944$44,590,554$29,240,817$160,611,034
94$193,040,897$46,653,482$30,098,376$176,384,107
95$212,605,217$48,813,651$30,980,819$193,743,677
96$234,161,132$51,075,703$31,888,860$212,850,700
97$257,911,662$53,444,507$32,823,231$233,882,512
98$284,080,528$55,925,164$33,784,685$257,034,503
99$312,914,267$58,523,022$34,773,998$282,521,953
100$344,684,559$61,243,688$35,791,964$310,582,060