Can I retire at age 67 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,082,378
2 years$572,330$561,671$551,341$541,325$531,609$497,645
3 years$377,763$367,058$356,754$346,832$337,275$304,413
4 years$280,499$269,827$259,625$249,873$240,547$209,040
5 years$222,156$211,547$201,480$191,926$182,860$152,792
6 years$183,273$172,744$162,826$153,485$144,691$116,089
7 years$155,510$145,070$135,309$126,189$117,673$90,535
8 years$134,698$124,352$114,753$105,856$97,621$71,931
9 years$118,519$108,271$98,837$90,166$82,211$57,941
10 years$105,583$95,436$86,168$77,724$70,048$47,162
11 years$95,006$84,961$75,861$67,643$60,243$38,703
12 years$86,199$76,256$67,325$59,332$52,206$31,966
13 years$78,752$68,913$60,150$52,381$45,524$26,538
14 years$72,375$62,640$54,045$46,498$39,906$22,124
15 years$66,852$57,223$48,795$41,468$35,137$18,507
16 years$62,025$52,501$44,240$37,130$31,054$15,525
17 years$57,770$48,351$40,257$33,361$27,535$13,053
18 years$53,993$44,679$36,749$30,065$24,482$10,996
19 years$50,616$41,408$33,642$27,167$21,822$9,278
20 years$47,582$38,478$30,875$24,605$19,492$7,839
21 years$44,839$35,841$28,399$22,330$17,443$6,631
22 years$42,350$33,456$26,174$20,303$15,635$5,614
23 years$40,080$31,291$24,167$18,491$14,035$4,757
24 years$38,003$29,318$22,351$16,865$12,615$4,033
25 years$36,094$27,513$20,701$15,402$11,351$3,422
26 years$34,335$25,858$19,199$14,082$10,225$2,904
27 years$32,710$24,335$17,828$12,890$9,219$2,466
28 years$31,203$22,931$16,574$11,810$8,318$2,095
29 years$29,803$21,633$15,423$10,830$7,511$1,780
30 years$28,498$20,430$14,366$9,939$6,787$1,513
31 years$27,280$19,313$13,393$9,128$6,136$1,286
32 years$26,140$18,274$12,496$8,389$5,550$1,093
33 years$25,072$17,306$11,668$7,715$5,023$930
34 years$24,069$16,402$10,902$7,098$4,548$791
35 years$23,125$15,557$10,192$6,534$4,119$672
36 years$22,235$14,766$9,535$6,018$3,732$572
37 years$21,396$14,024$8,924$5,545$3,383$487
38 years$20,602$13,328$8,357$5,111$3,067$414
39 years$19,852$12,674$7,830$4,712$2,781$352
40 years$19,140$12,058$7,339$4,346$2,522$300
41 years$18,465$11,478$6,881$4,010$2,288$255
42 years$17,824$10,931$6,455$3,701$2,076$217
43 years$17,214$10,415$6,057$3,416$1,885$185
44 years$16,634$9,928$5,686$3,154$1,711$157
45 years$16,081$9,467$5,339$2,913$1,553$134
46 years$15,554$9,031$5,014$2,691$1,410$114
47 years$15,050$8,619$4,711$2,486$1,280$97
48 years$14,569$8,228$4,427$2,297$1,163$82
49 years$14,109$7,857$4,161$2,123$1,056$70
50 years$13,669$7,505$3,912$1,962$959$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $14,000,000, adding $4,512 every year, while hoping to spend $51,336 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: 46/26/28 Blend
66$14,000,000$14,000,000$14,000,000$14,000,000
67$15,432,654$14,690,654$14,473,654$16,017,915
68$16,952,164$15,355,875$14,903,900$17,098,214
69$18,624,943$16,051,971$15,346,839$18,264,329
70$20,466,571$16,780,401$15,802,842$19,528,639
71$22,494,214$17,542,694$16,272,290$20,900,375
72$24,726,788$18,340,451$16,755,577$22,389,676
73$27,185,137$19,175,349$17,253,105$24,007,682
74$29,892,229$20,049,149$17,765,292$25,766,636
75$32,873,371$20,963,693$18,292,564$27,679,994
76$36,156,452$21,920,911$18,835,362$29,762,548
77$39,772,203$22,922,828$19,394,139$32,030,558
78$43,754,485$23,971,564$19,969,361$34,501,904
79$48,140,614$25,069,342$20,561,506$37,196,245
80$52,971,708$26,218,491$21,171,068$40,135,205
81$58,293,078$27,421,453$21,798,554$43,342,563
82$64,154,652$28,680,784$22,444,485$46,844,480
83$70,611,450$29,999,167$23,109,400$50,669,732
84$77,724,103$31,379,410$23,793,849$54,849,980
85$85,559,419$32,824,459$24,498,401$59,420,060
86$94,191,023$34,337,401$25,223,641$64,418,304
87$103,700,044$35,921,470$25,970,169$69,886,894
88$114,175,883$37,580,057$26,738,605$75,872,253
89$125,717,059$39,316,715$27,529,583$82,425,476
90$138,432,134$41,135,170$28,343,760$89,602,802
91$152,440,743$43,039,324$29,181,807$97,466,134
92$167,874,719$45,033,271$30,044,418$106,083,619
93$184,879,339$47,121,300$30,932,304$115,530,276
94$203,614,693$49,307,906$31,846,198$125,888,698
95$224,257,201$51,597,802$32,786,854$137,249,817
96$247,001,269$53,995,928$33,755,048$149,713,755
97$272,061,132$56,507,461$34,751,575$163,390,754
98$299,672,871$59,137,831$35,777,257$178,402,208
99$330,096,645$61,892,726$36,832,936$194,881,791
100$363,619,144$64,778,111$37,919,481$212,976,711