Can I retire at age 67 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,075,846
2 years$555,978$545,623$535,588$525,858$516,421$507,714
3 years$366,970$356,571$346,561$336,922$327,638$319,132
4 years$272,485$262,117$252,208$242,734$233,674$225,434
5 years$215,808$205,503$195,723$186,443$177,636$169,685
6 years$178,036$167,809$158,174$149,100$140,557$132,907
7 years$151,067$140,926$131,443$122,583$114,310$106,964
8 years$130,849$120,799$111,474$102,832$94,832$87,789
9 years$115,133$105,177$96,013$87,590$79,862$73,121
10 years$102,567$92,709$83,706$75,503$68,046$61,603
11 years$92,292$82,533$73,693$65,711$58,522$52,372
12 years$83,736$74,077$65,401$57,637$50,714$44,851
13 years$76,502$66,944$58,431$50,885$44,224$38,642
14 years$70,307$60,850$52,501$45,170$38,766$33,459
15 years$64,942$55,588$47,401$40,284$34,133$29,092
16 years$60,253$51,001$42,976$36,070$30,167$25,385
17 years$56,120$46,970$39,107$32,408$26,748$22,217
18 years$52,450$43,402$35,699$29,206$23,783$19,494
19 years$49,170$40,225$32,681$26,390$21,198$17,144
20 years$46,222$37,379$29,993$23,902$18,935$15,105
21 years$43,558$34,817$27,588$21,692$16,944$13,332
22 years$41,140$32,500$25,426$19,723$15,188$11,783
23 years$38,935$30,397$23,477$17,962$13,634$10,428
24 years$36,917$28,480$21,712$16,383$12,254$9,239
25 years$35,063$26,727$20,110$14,962$11,027$8,194
26 years$33,354$25,119$18,651$13,680$9,933$7,273
27 years$31,775$23,640$17,319$12,522$8,955$6,460
28 years$30,311$22,276$16,100$11,473$8,080$5,743
29 years$28,951$21,015$14,983$10,521$7,296$5,108
30 years$27,684$19,846$13,956$9,655$6,593$4,545
31 years$26,500$18,761$13,010$8,868$5,961$4,046
32 years$25,393$17,752$12,139$8,150$5,392$3,604
33 years$24,356$16,811$11,334$7,494$4,880$3,211
34 years$23,381$15,933$10,590$6,895$4,418$2,862
35 years$22,464$15,113$9,901$6,348$4,001$2,552
36 years$21,600$14,344$9,262$5,846$3,625$2,275
37 years$20,785$13,624$8,669$5,386$3,286$2,030
38 years$20,014$12,947$8,118$4,965$2,979$1,811
39 years$19,284$12,311$7,606$4,578$2,701$1,616
40 years$18,593$11,713$7,129$4,222$2,450$1,442
41 years$17,938$11,150$6,685$3,896$2,223$1,287
42 years$17,315$10,619$6,271$3,595$2,017$1,149
43 years$16,723$10,118$5,884$3,319$1,831$1,026
44 years$16,159$9,644$5,523$3,064$1,662$916
45 years$15,622$9,197$5,186$2,830$1,509$818
46 years$15,109$8,773$4,871$2,614$1,370$730
47 years$14,620$8,372$4,576$2,415$1,244$652
48 years$14,153$7,993$4,300$2,232$1,129$583
49 years$13,706$7,632$4,042$2,062$1,026$520
50 years$13,278$7,291$3,800$1,906$932$465

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,600,000, adding $4,591 every year, while hoping to spend $32,240 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: 54/26/20 Blend
66$13,600,000$13,600,000$13,600,000$13,600,000
67$14,991,936$14,271,136$14,060,336$15,719,629
68$16,486,810$14,936,118$14,497,054$16,883,745
69$18,133,081$15,632,604$14,947,321$18,146,518
70$19,946,157$16,362,104$15,411,558$19,520,448
71$21,943,017$17,126,199$15,890,198$21,016,159
72$24,142,371$17,926,549$16,383,685$22,645,331
73$26,564,836$18,764,892$16,892,482$24,420,800
74$29,233,130$19,643,053$17,417,061$26,356,683
75$32,172,289$20,562,942$17,957,912$28,468,499
76$35,409,899$21,526,564$18,515,539$30,773,316
77$38,976,361$22,536,017$19,090,462$33,289,904
78$42,905,174$23,593,506$19,683,216$36,038,910
79$47,233,251$24,701,338$20,294,354$39,043,045
80$52,001,273$25,861,934$20,924,445$42,327,293
81$57,254,066$27,077,831$21,574,077$45,919,145
82$63,041,026$28,351,691$22,243,854$49,848,845
83$69,416,588$29,686,301$22,934,401$54,149,676
84$76,440,737$31,084,586$23,646,360$58,858,265
85$84,179,574$32,549,613$24,380,395$64,014,921
86$92,705,942$34,084,596$25,137,189$69,664,009
87$102,100,111$35,692,904$25,917,448$75,854,362
88$112,450,538$37,378,071$26,721,898$82,639,731
89$123,854,699$39,143,802$27,551,287$90,079,289
90$136,420,011$40,993,982$28,406,389$98,238,177
91$150,264,848$42,932,683$29,287,998$107,188,111
92$165,519,653$44,964,174$30,196,936$117,008,052
93$182,328,173$47,092,935$31,134,050$127,784,935
94$200,848,816$49,323,658$32,100,210$139,614,487
95$221,256,145$51,661,267$33,096,316$152,602,115
96$243,742,525$54,110,922$34,123,296$166,863,891
97$268,519,940$56,678,035$35,182,104$182,527,638
98$295,821,996$59,368,280$36,273,726$199,734,119
99$325,906,121$62,187,608$37,399,178$218,638,359
100$359,056,001$65,142,257$38,559,506$239,411,091