Can I retire at age 67 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,054,115
2 years$560,066$549,635$539,526$529,725$520,218$481,991
3 years$369,668$359,193$349,109$339,400$330,048$293,138
4 years$274,488$264,045$254,062$244,518$235,393$200,082
5 years$217,395$207,014$197,163$187,814$178,942$145,323
6 years$179,346$169,043$159,337$150,196$141,591$109,689
7 years$152,178$141,962$132,410$123,484$115,151$84,961
8 years$131,811$121,687$112,294$103,588$95,529$67,025
9 years$115,979$105,951$96,719$88,234$80,449$53,595
10 years$103,321$93,390$84,321$76,059$68,547$43,297
11 years$92,971$83,140$74,235$66,194$58,952$35,256
12 years$84,352$74,622$65,882$58,061$51,087$28,888
13 years$77,065$67,437$58,861$51,259$44,549$23,788
14 years$70,824$61,298$52,887$45,502$39,051$19,666
15 years$65,420$55,997$47,750$40,580$34,384$16,312
16 years$60,696$51,376$43,292$36,335$30,388$13,565
17 years$56,533$47,315$39,394$32,647$26,945$11,305
18 years$52,836$43,721$35,962$29,421$23,958$9,439
19 years$49,532$40,521$32,921$26,584$21,354$7,893
20 years$46,562$37,654$30,214$24,077$19,074$6,607
21 years$43,878$35,073$27,791$21,852$17,069$5,537
22 years$41,442$32,739$25,613$19,868$15,300$4,644
23 years$39,221$30,620$23,649$18,094$13,734$3,898
24 years$37,188$28,689$21,872$16,503$12,345$3,274
25 years$35,321$26,924$20,258$15,072$11,108$2,751
26 years$33,600$25,304$18,788$13,781$10,006$2,312
27 years$32,009$23,814$17,446$12,614$9,021$1,945
28 years$30,534$22,440$16,219$11,557$8,140$1,636
29 years$29,164$21,169$15,093$10,598$7,350$1,376
30 years$27,887$19,992$14,058$9,726$6,641$1,158
31 years$26,695$18,899$13,106$8,933$6,004$975
32 years$25,580$17,882$12,228$8,210$5,431$821
33 years$24,535$16,935$11,418$7,549$4,915$691
34 years$23,553$16,051$10,668$6,946$4,450$582
35 years$22,629$15,224$9,974$6,394$4,031$490
36 years$21,759$14,449$9,330$5,889$3,652$412
37 years$20,937$13,724$8,733$5,426$3,310$347
38 years$20,161$13,042$8,178$5,001$3,001$293
39 years$19,426$12,402$7,662$4,611$2,721$246
40 years$18,730$11,800$7,182$4,253$2,468$208
41 years$18,070$11,232$6,734$3,924$2,239$175
42 years$17,442$10,697$6,317$3,622$2,032$147
43 years$16,845$10,192$5,927$3,343$1,844$124
44 years$16,278$9,715$5,564$3,087$1,674$105
45 years$15,736$9,264$5,224$2,851$1,520$88
46 years$15,220$8,838$4,907$2,633$1,380$74
47 years$14,728$8,434$4,610$2,433$1,253$62
48 years$14,257$8,051$4,332$2,248$1,138$53
49 years$13,807$7,689$4,072$2,078$1,033$44
50 years$13,376$7,344$3,828$1,920$939$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $13,700,000, adding $4,741 every year, while hoping to spend $36,535 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: 49/46/5 Blend
66$13,700,000$13,700,000$13,700,000$13,700,000
67$15,102,290$14,376,190$14,163,840$15,823,575
68$16,603,851$15,041,751$14,599,456$16,981,305
69$18,257,346$15,738,699$15,048,440$18,233,757
70$20,078,235$16,468,535$15,511,203$19,593,182
71$22,083,552$17,232,830$15,988,164$21,069,560
72$24,292,067$18,033,231$16,479,761$22,673,842
73$26,724,464$18,871,466$16,986,439$24,418,055
74$29,403,536$19,749,344$17,508,662$26,315,404
75$32,354,398$20,668,764$18,046,903$28,380,390
76$35,604,727$21,631,713$18,601,655$30,628,944
77$39,185,020$22,640,278$19,173,421$33,078,567
78$43,128,885$23,696,644$19,762,723$35,748,485
79$47,473,353$24,803,102$20,370,097$38,659,832
80$52,259,235$25,962,054$20,996,095$41,835,829
81$57,531,501$27,176,018$21,641,288$45,302,006
82$63,339,705$28,447,634$22,306,262$49,086,424
83$69,738,455$29,779,669$22,991,622$53,219,937
84$76,787,929$31,175,024$23,697,992$57,736,473
85$84,554,437$32,636,739$24,426,015$62,673,338
86$93,111,055$34,168,004$25,176,351$68,071,565
87$102,538,307$35,772,162$25,949,684$73,976,283
88$112,924,932$37,452,715$26,746,716$80,437,138
89$124,368,716$39,213,339$27,568,172$87,508,741
90$136,977,417$41,057,885$28,414,798$95,251,178
91$150,869,783$42,990,391$29,287,363$103,730,559
92$166,176,672$45,015,091$30,186,660$113,019,628
93$183,042,285$47,136,423$31,113,506$123,198,436
94$201,625,533$49,359,042$32,068,743$134,355,079
95$222,101,529$51,687,827$33,053,238$146,586,517
96$244,663,247$54,127,893$34,067,884$159,999,465
97$269,523,343$56,684,604$35,113,602$174,711,389
98$296,916,159$59,363,584$36,191,343$190,851,592
99$327,099,937$62,170,730$37,302,082$208,562,416
100$360,359,257$65,112,223$38,446,829$228,000,565