Can I retire at age 67 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,063,138
2 years$547,802$537,599$527,712$518,125$508,826$503,380
3 years$361,573$351,327$341,464$331,968$322,820$317,493
4 years$268,478$258,263$248,499$239,164$230,238$225,070
5 years$212,635$202,481$192,845$183,701$175,023$170,031
6 years$175,418$165,341$155,848$146,907$138,490$133,679
7 years$148,845$138,853$129,510$120,780$112,629$108,003
8 years$128,925$119,023$109,835$101,320$93,437$88,994
9 years$113,439$103,631$94,601$86,302$78,687$74,428
10 years$101,058$91,345$82,475$74,393$67,046$62,968
11 years$90,935$81,319$72,610$64,744$57,661$53,762
12 years$82,505$72,988$64,439$56,789$49,968$46,244
13 years$75,377$65,960$57,572$50,137$43,573$40,021
14 years$69,273$59,956$51,729$44,506$38,196$34,812
15 years$63,987$54,771$46,704$39,691$33,631$30,410
16 years$59,367$50,251$42,344$35,539$29,723$26,661
17 years$55,295$46,279$38,532$31,932$26,354$23,447
18 years$51,679$42,764$35,174$28,777$23,433$20,676
19 years$48,447$39,633$32,200$26,002$20,887$18,274
20 years$45,542$36,829$29,552$23,550$18,656$16,183
21 years$42,918$34,305$27,182$21,373$16,695$14,356
22 years$40,535$32,022$25,053$19,433$14,965$12,756
23 years$38,362$29,950$23,132$17,698$13,433$11,348
24 years$36,374$28,061$21,393$16,142$12,074$10,108
25 years$34,547$26,334$19,814$14,742$10,865$9,013
26 years$32,864$24,750$18,376$13,479$9,787$8,044
27 years$31,308$23,292$17,064$12,338$8,824$7,185
28 years$29,866$21,948$15,863$11,304$7,962$6,422
29 years$28,525$20,706$14,762$10,366$7,189$5,744
30 years$27,277$19,554$13,750$9,513$6,496$5,141
31 years$26,111$18,485$12,819$8,737$5,873$4,603
32 years$25,020$17,491$11,960$8,030$5,312$4,123
33 years$23,997$16,564$11,168$7,384$4,808$3,695
34 years$23,037$15,699$10,434$6,794$4,353$3,313
35 years$22,134$14,890$9,755$6,254$3,943$2,971
36 years$21,282$14,133$9,126$5,760$3,572$2,665
37 years$20,479$13,423$8,542$5,307$3,238$2,391
38 years$19,720$12,757$7,999$4,892$2,935$2,146
39 years$19,001$12,130$7,494$4,510$2,662$1,926
40 years$18,320$11,541$7,024$4,160$2,414$1,729
41 years$17,674$10,986$6,586$3,838$2,190$1,553
42 years$17,060$10,463$6,178$3,542$1,987$1,395
43 years$16,477$9,969$5,798$3,270$1,804$1,253
44 years$15,921$9,502$5,442$3,019$1,637$1,125
45 years$15,392$9,061$5,110$2,788$1,486$1,011
46 years$14,887$8,644$4,799$2,576$1,350$908
47 years$14,405$8,249$4,509$2,380$1,225$816
48 years$13,945$7,875$4,237$2,199$1,113$734
49 years$13,504$7,520$3,983$2,032$1,011$659
50 years$13,083$7,184$3,744$1,878$918$593

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,400,000, adding $4,686 every year, while hoping to spend $38,839 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: 61/17/22 Blend
66$13,400,000$13,400,000$13,400,000$13,400,000
67$14,771,634$14,061,434$13,853,734$15,586,910
68$16,237,016$14,709,119$14,276,509$16,787,194
69$17,850,565$15,387,240$14,712,146$18,091,936
70$19,627,354$16,097,246$15,161,034$19,515,112
71$21,583,990$16,840,657$15,623,575$21,068,251
72$23,738,775$17,619,067$16,100,182$22,764,031
73$26,111,874$18,434,145$16,591,282$24,616,405
74$28,725,509$19,287,642$17,097,314$26,640,722
75$31,604,167$20,181,392$17,618,730$28,853,872
76$34,774,830$21,117,319$18,155,996$31,274,443
77$38,267,233$22,097,438$18,709,592$33,922,892
78$42,114,140$23,123,862$19,280,013$36,821,733
79$46,351,657$24,198,805$19,867,767$39,995,747
80$51,019,569$25,324,590$20,473,381$43,472,213
81$56,161,720$26,503,650$21,097,394$47,281,160
82$61,826,422$27,738,535$21,740,363$51,455,647
83$68,066,914$29,031,921$22,402,862$56,032,069
84$74,941,863$30,386,609$23,085,483$61,050,498
85$82,515,920$31,805,539$23,788,833$66,555,056
86$90,860,324$33,291,791$24,513,539$72,594,323
87$100,053,583$34,848,595$25,260,249$79,221,797
88$110,182,208$36,479,335$26,029,626$86,496,387
89$121,341,532$38,187,562$26,822,358$94,482,968
90$133,636,610$39,976,994$27,639,149$103,252,983
91$147,183,211$41,851,534$28,480,727$112,885,116
92$162,108,909$43,815,269$29,347,842$123,466,025
93$178,554,288$45,872,487$30,241,264$135,091,152
94$196,674,269$48,027,683$31,161,790$147,865,622
95$216,639,572$50,285,567$32,110,238$161,905,223
96$238,638,329$52,651,081$33,087,452$177,337,493
97$262,877,858$55,129,402$34,094,300$194,302,916
98$289,586,618$57,725,962$35,131,678$212,956,241
99$319,016,371$60,446,452$36,200,508$233,467,932
100$351,444,555$63,296,842$37,301,738$256,025,767