Can I retire at age 67 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,081,452
2 years$576,418$565,683$555,279$545,191$535,407$492,689
3 years$380,462$369,680$359,302$349,309$339,684$298,494
4 years$282,503$271,754$261,480$251,658$242,265$202,918
5 years$223,742$213,058$202,919$193,297$184,166$146,762
6 years$184,582$173,978$163,989$154,581$145,725$110,288
7 years$156,621$146,107$136,275$127,090$118,513$85,035
8 years$135,660$125,240$115,572$106,613$98,318$66,766
9 years$119,365$109,044$99,543$90,810$82,798$53,126
10 years$106,337$96,117$86,783$78,279$70,548$42,702
11 years$95,685$85,567$76,403$68,126$60,674$34,591
12 years$86,815$76,801$67,805$59,756$52,579$28,192
13 years$79,315$69,405$60,580$52,756$45,849$23,088
14 years$72,892$63,088$54,431$46,831$40,191$18,981
15 years$67,330$57,632$49,144$41,765$35,388$15,654
16 years$62,468$52,876$44,556$37,396$31,276$12,943
17 years$58,183$48,697$40,544$33,600$27,731$10,723
18 years$54,378$44,998$37,012$30,280$24,657$8,900
19 years$50,978$41,704$33,883$27,361$21,978$7,396
20 years$47,921$38,753$31,096$24,780$19,631$6,154
21 years$45,160$36,097$28,602$22,490$17,567$5,126
22 years$42,652$33,695$26,361$20,448$15,747$4,272
23 years$40,366$31,514$24,340$18,623$14,135$3,563
24 years$38,274$29,527$22,510$16,985$12,705$2,974
25 years$36,352$27,710$20,849$15,512$11,433$2,483
26 years$34,581$26,043$19,336$14,183$10,298$2,074
27 years$32,943$24,509$17,956$12,982$9,285$1,732
28 years$31,426$23,095$16,692$11,894$8,378$1,448
29 years$30,015$21,787$15,533$10,907$7,565$1,210
30 years$28,702$20,576$14,469$10,010$6,835$1,012
31 years$27,475$19,451$13,489$9,194$6,180$846
32 years$26,327$18,405$12,585$8,449$5,590$707
33 years$25,251$17,429$11,751$7,770$5,059$592
34 years$24,241$16,519$10,979$7,149$4,580$495
35 years$23,290$15,668$10,265$6,581$4,149$414
36 years$22,394$14,871$9,603$6,061$3,759$346
37 years$21,549$14,124$8,988$5,584$3,407$290
38 years$20,750$13,423$8,417$5,147$3,089$242
39 years$19,993$12,764$7,886$4,746$2,801$203
40 years$19,277$12,144$7,391$4,377$2,540$170
41 years$18,597$11,560$6,931$4,039$2,305$142
42 years$17,951$11,009$6,501$3,727$2,091$119
43 years$17,337$10,490$6,100$3,441$1,898$99
44 years$16,753$9,999$5,726$3,177$1,723$83
45 years$16,196$9,535$5,377$2,934$1,564$70
46 years$15,665$9,096$5,050$2,710$1,420$58
47 years$15,158$8,680$4,744$2,504$1,289$49
48 years$14,673$8,286$4,458$2,314$1,171$41
49 years$14,210$7,913$4,191$2,138$1,064$34
50 years$13,767$7,559$3,940$1,976$966$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $14,100,000, adding $4,079 every year, while hoping to spend $22,077 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: 54/20/26 Blend
66$14,100,000$14,100,000$14,100,000$14,100,000
67$15,542,407$14,795,107$14,576,557$16,269,547
68$17,104,243$15,496,578$15,041,382$17,473,074
69$18,824,646$16,231,681$15,521,039$18,780,019
70$20,719,767$17,002,040$16,016,001$20,202,446
71$22,807,404$17,809,360$16,526,757$21,751,435
72$25,107,166$18,655,426$17,053,811$23,439,167
73$27,640,667$19,542,112$17,597,684$25,279,036
74$30,431,722$20,471,382$18,158,912$27,285,768
75$33,506,572$21,445,294$18,738,050$29,475,563
76$36,894,138$22,466,009$19,335,670$31,866,236
77$40,626,287$23,535,791$19,952,363$34,477,384
78$44,738,137$24,657,013$20,588,736$37,330,568
79$49,268,387$25,832,167$21,245,418$40,449,508
80$54,259,682$27,063,862$21,923,059$43,860,303
81$59,759,015$28,354,837$22,622,327$47,591,672
82$65,818,173$29,707,963$23,343,914$51,675,220
83$72,494,223$31,126,249$24,088,531$56,145,731
84$79,850,051$32,612,853$24,856,914$61,041,486
85$87,954,959$34,171,085$25,649,824$66,404,623
86$96,885,314$35,804,417$26,468,042$72,281,528
87$106,725,272$37,516,490$27,312,377$78,723,259
88$117,567,571$39,311,120$28,183,663$85,786,030
89$129,514,410$41,192,311$29,082,762$93,531,726
90$142,678,406$43,164,261$30,010,562$102,028,486
91$157,183,667$45,231,372$30,967,978$111,351,331
92$173,166,954$47,398,263$31,955,959$121,582,871
93$190,778,978$49,669,773$32,975,479$132,814,067
94$210,185,823$52,050,981$34,027,546$145,145,089
95$231,570,508$54,547,210$35,113,200$158,686,244
96$255,134,722$57,164,045$36,233,514$173,559,014
97$281,100,723$59,907,342$37,389,596$189,897,186
98$309,713,436$62,783,242$38,582,587$207,848,106
99$341,242,770$65,798,185$39,813,668$227,574,059
100$375,986,162$68,958,924$41,084,054$249,253,787