Can I retire at age 67 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,096,358
2 years$584,594$573,707$563,155$552,924$543,001$499,252
3 years$385,858$374,924$364,399$354,264$344,502$302,326
4 years$286,510$275,609$265,189$255,227$245,702$205,418
5 years$226,916$216,081$205,797$196,039$186,779$148,492
6 years$187,200$176,446$166,315$156,774$147,792$111,527
7 years$158,843$148,179$138,208$128,893$120,194$85,941
8 years$137,584$127,017$117,212$108,125$99,713$67,437
9 years$121,058$110,591$100,954$92,098$83,972$53,627
10 years$107,846$97,481$88,014$79,390$71,549$43,077
11 years$97,042$86,781$77,486$69,093$61,534$34,872
12 years$88,046$77,890$68,767$60,604$53,324$28,402
13 years$80,440$70,390$61,439$53,504$46,500$23,244
14 years$73,925$63,982$55,203$47,495$40,761$19,096
15 years$68,285$58,449$49,841$42,357$35,890$15,738
16 years$63,354$53,626$45,188$37,926$31,719$13,002
17 years$59,008$49,388$41,120$34,076$28,125$10,765
18 years$55,150$45,636$37,537$30,710$25,007$8,927
19 years$51,701$42,295$34,363$27,749$22,289$7,414
20 years$48,601$39,303$31,537$25,132$19,909$6,164
21 years$45,800$36,609$29,008$22,809$17,817$5,130
22 years$43,257$34,173$26,735$20,738$15,970$4,272
23 years$40,939$31,961$24,685$18,887$14,336$3,561
24 years$38,817$29,946$22,830$17,226$12,885$2,969
25 years$36,868$28,103$21,145$15,732$11,595$2,477
26 years$35,071$26,412$19,611$14,384$10,444$2,067
27 years$33,411$24,857$18,210$13,166$9,416$1,726
28 years$31,872$23,422$16,929$12,063$8,496$1,441
29 years$30,441$22,096$15,754$11,062$7,672$1,203
30 years$29,109$20,868$14,674$10,152$6,932$1,005
31 years$27,864$19,727$13,680$9,324$6,267$840
32 years$26,700$18,666$12,764$8,569$5,669$702
33 years$25,609$17,677$11,918$7,880$5,131$586
34 years$24,584$16,753$11,135$7,250$4,645$490
35 years$23,620$15,890$10,411$6,674$4,207$410
36 years$22,712$15,082$9,739$6,147$3,812$342
37 years$21,854$14,325$9,115$5,663$3,455$286
38 years$21,044$13,614$8,536$5,220$3,132$239
39 years$20,277$12,945$7,997$4,813$2,840$200
40 years$19,550$12,316$7,496$4,440$2,576$167
41 years$18,861$11,724$7,029$4,096$2,337$140
42 years$18,206$11,165$6,593$3,780$2,121$117
43 years$17,583$10,638$6,187$3,490$1,925$98
44 years$16,990$10,141$5,808$3,222$1,747$82
45 years$16,426$9,670$5,453$2,976$1,586$68
46 years$15,887$9,225$5,122$2,749$1,440$57
47 years$15,373$8,803$4,812$2,539$1,308$48
48 years$14,881$8,404$4,522$2,346$1,188$40
49 years$14,411$8,025$4,250$2,169$1,079$33
50 years$13,962$7,666$3,996$2,004$980$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $14,300,000, adding $5,781 every year, while hoping to spend $25,069 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: 56/30/14 Blend
66$14,300,000$14,300,000$14,300,000$14,300,000
67$15,764,563$15,006,663$14,785,013$16,590,011
68$17,345,875$15,715,316$15,253,638$17,859,186
69$19,087,641$16,457,853$15,737,121$19,237,761
70$21,006,200$17,235,908$16,235,935$20,738,835
71$23,119,559$18,051,194$16,750,564$22,374,132
72$25,447,558$18,905,506$17,281,512$24,156,532
73$28,012,061$19,800,728$17,829,295$26,100,196
74$30,837,163$20,738,835$18,394,448$28,220,692
75$33,949,413$21,721,898$18,977,522$30,535,136
76$37,378,068$22,752,086$19,579,084$33,062,348
77$41,155,370$23,831,677$20,199,722$35,823,026
78$45,316,846$24,963,057$20,840,041$38,839,934
79$49,901,646$26,148,729$21,500,664$42,138,111
80$54,952,915$27,391,317$22,182,237$45,745,099
81$60,518,193$28,693,573$22,885,423$49,691,201
82$66,649,873$30,058,382$23,610,909$54,009,755
83$73,405,687$31,488,770$24,359,401$58,737,445
84$80,849,256$32,987,909$25,131,630$63,914,635
85$89,050,689$34,559,125$25,928,349$69,585,748
86$98,087,245$36,205,908$26,750,334$75,799,672
87$108,044,061$37,931,914$27,598,387$82,610,214
88$119,014,958$39,740,981$28,473,336$90,076,599
89$131,103,323$41,637,129$29,376,033$98,264,020
90$144,423,091$43,624,577$30,307,358$107,244,241
91$159,099,813$45,707,747$31,268,221$117,096,268
92$175,271,845$47,891,279$32,259,558$127,907,078
93$193,091,656$50,180,034$33,282,336$139,772,432
94$212,727,264$52,579,115$34,337,553$152,797,768
95$234,363,821$55,093,868$35,426,238$167,099,179
96$258,205,367$57,729,903$36,549,453$182,804,500
97$284,476,747$60,493,102$37,708,293$200,054,499
98$313,425,744$63,389,632$38,903,888$219,004,190
99$345,325,407$66,425,961$40,137,406$239,824,284
100$380,476,639$69,608,873$41,410,049$262,702,781