Can I retire at age 67 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,062,616
2 years$551,890$541,611$531,650$521,992$512,623$498,647
3 years$364,272$353,949$344,013$334,445$325,229$311,603
4 years$270,481$260,190$250,353$240,949$231,956$218,785
5 years$214,222$203,992$194,284$185,072$176,329$163,652
6 years$176,727$166,575$157,011$148,003$139,524$127,355
7 years$149,956$139,889$130,477$121,682$113,470$101,815
8 years$129,887$119,911$110,654$102,076$94,134$82,991
9 years$114,286$104,404$95,307$86,946$79,275$68,639
10 years$101,812$92,027$83,091$74,948$67,546$57,410
11 years$91,613$81,926$73,152$65,227$58,092$48,446
12 years$83,120$73,533$64,920$57,213$50,341$41,175
13 years$75,940$66,452$58,002$50,511$43,898$35,200
14 years$69,790$60,403$52,115$44,838$38,481$30,237
15 years$64,465$55,179$47,053$39,987$33,882$26,079
16 years$59,810$50,626$42,660$35,804$29,945$22,568
17 years$55,707$46,625$38,819$32,170$26,551$19,586
18 years$52,064$43,083$35,437$28,992$23,608$17,040
19 years$48,809$39,929$32,441$26,196$21,042$14,856
20 years$45,882$37,104$29,772$23,726$18,795$12,975
21 years$43,238$34,561$27,385$21,533$16,820$11,349
22 years$40,837$32,261$25,239$19,578$15,077$9,941
23 years$38,649$30,173$23,304$17,830$13,534$8,717
24 years$36,645$28,271$21,552$16,262$12,164$7,652
25 years$34,805$26,531$19,962$14,852$10,946$6,723
26 years$33,109$24,934$18,514$13,580$9,860$5,911
27 years$31,542$23,466$17,192$12,430$8,889$5,201
28 years$30,089$22,112$15,982$11,388$8,021$4,579
29 years$28,738$20,860$14,872$10,443$7,243$4,033
30 years$27,480$19,700$13,853$9,584$6,544$3,554
31 years$26,306$18,623$12,915$8,802$5,917$3,133
32 years$25,207$17,621$12,050$8,090$5,352$2,763
33 years$24,177$16,688$11,251$7,439$4,844$2,437
34 years$23,209$15,816$10,512$6,845$4,385$2,151
35 years$22,299$15,001$9,828$6,301$3,972$1,898
36 years$21,441$14,239$9,194$5,803$3,599$1,676
37 years$20,632$13,523$8,605$5,347$3,262$1,480
38 years$19,867$12,852$8,059$4,928$2,957$1,307
39 years$19,143$12,221$7,550$4,544$2,682$1,154
40 years$18,457$11,627$7,077$4,191$2,432$1,019
41 years$17,806$11,068$6,636$3,867$2,207$900
42 years$17,187$10,541$6,224$3,569$2,002$796
43 years$16,600$10,043$5,841$3,294$1,817$703
44 years$16,040$9,573$5,483$3,042$1,649$621
45 years$15,507$9,129$5,148$2,809$1,497$549
46 years$14,998$8,709$4,835$2,595$1,360$485
47 years$14,513$8,311$4,543$2,397$1,235$429
48 years$14,049$7,934$4,269$2,215$1,121$379
49 years$13,605$7,576$4,012$2,047$1,018$335
50 years$13,181$7,237$3,772$1,892$925$296

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,500,000, adding $5,184 every year, while hoping to spend $45,094 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: 61/13/26 Blend
66$13,500,000$13,500,000$13,500,000$13,500,000
67$14,882,347$14,166,847$13,957,597$15,686,277
68$16,352,367$14,813,043$14,377,197$16,879,448
69$17,970,817$15,489,391$14,809,342$18,175,875
70$19,752,791$16,197,321$15,254,405$19,590,007
71$21,714,917$16,938,332$15,712,770$21,133,331
72$23,875,522$17,713,994$16,184,831$22,818,485
73$26,254,798$18,525,951$16,670,995$24,659,378
74$28,874,994$19,375,930$17,171,680$26,671,314
75$31,760,631$20,265,738$17,687,319$28,871,137
76$34,938,724$21,197,268$18,218,353$31,277,387
77$38,439,046$22,172,506$18,765,240$33,910,471
78$42,294,403$23,193,533$19,328,449$36,792,851
79$46,540,945$24,262,530$19,908,466$39,949,256
80$51,218,509$25,381,781$20,505,787$43,406,911
81$56,370,992$26,553,683$21,120,925$47,195,788
82$62,046,765$27,780,746$21,754,409$51,348,890
83$68,299,135$29,065,602$22,406,781$55,902,553
84$75,186,840$30,411,010$23,078,601$60,896,790
85$82,774,608$31,819,860$23,770,445$66,375,661
86$91,133,768$33,295,183$24,482,905$72,387,689
87$100,342,921$34,840,155$25,216,591$78,986,306
88$110,488,683$36,458,107$25,972,131$86,230,362
89$121,666,503$38,152,528$26,750,171$94,184,669
90$133,981,561$39,927,077$27,551,377$102,920,609
91$147,549,765$41,785,589$28,376,433$112,516,804
92$162,498,842$43,732,083$29,226,044$123,059,853
93$178,969,543$45,770,775$30,100,935$134,645,142
94$197,116,974$47,906,080$31,001,854$147,377,739
95$217,112,057$50,142,630$31,929,569$161,373,380
96$239,143,148$52,485,280$32,884,870$176,759,556
97$263,417,808$54,939,117$33,868,572$193,676,707
98$290,164,768$57,509,478$34,881,513$212,279,543
99$319,636,086$60,201,954$35,924,555$232,738,498
100$352,109,525$63,022,408$36,998,587$255,241,327