Can I retire at age 67 with 15,100,000?

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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,189,542
2 years$617,299$605,802$594,660$583,857$573,379$558,733
3 years$407,445$395,899$384,785$374,083$363,775$349,491
4 years$302,538$291,027$280,025$269,506$259,447$245,636
5 years$239,611$228,169$217,311$207,006$197,228$183,928
6 years$197,673$186,317$175,619$165,545$156,060$143,289
7 years$167,729$156,469$145,940$136,103$126,918$114,681
8 years$145,281$134,123$123,769$114,174$105,291$93,586
9 years$127,831$116,778$106,602$97,251$88,670$77,493
10 years$113,879$102,934$92,938$83,831$75,551$64,894
11 years$102,471$91,636$81,821$72,958$64,977$54,830
12 years$92,972$82,248$72,614$63,994$56,307$46,660
13 years$84,940$74,328$64,876$56,497$49,101$39,941
14 years$78,061$67,562$58,292$50,152$43,042$34,355
15 years$72,105$61,719$52,629$44,727$37,897$29,671
16 years$66,899$56,626$47,716$40,048$33,494$25,713
17 years$62,310$52,150$43,420$35,983$29,698$22,347
18 years$58,235$48,189$39,637$32,428$26,406$19,470
19 years$54,593$44,661$36,286$29,301$23,536$16,999
20 years$51,320$41,502$33,301$26,538$21,023$14,868
21 years$48,362$38,657$30,631$24,085$18,813$13,025
22 years$45,677$36,085$28,231$21,899$16,863$11,426
23 years$43,229$33,750$26,066$19,943$15,138$10,035
24 years$40,988$31,621$24,107$18,190$13,606$8,823
25 years$38,930$29,675$22,328$16,612$12,243$7,763
26 years$37,033$27,890$20,708$15,189$11,028$6,837
27 years$35,280$26,247$19,229$13,903$9,943$6,025
28 years$33,655$24,733$17,876$12,738$8,972$5,313
29 years$32,144$23,333$16,635$11,681$8,101$4,687
30 years$30,737$22,035$15,495$10,720$7,320$4,137
31 years$29,423$20,830$14,445$9,846$6,618$3,653
32 years$28,194$19,710$13,478$9,048$5,986$3,227
33 years$27,042$18,666$12,584$8,321$5,418$2,851
34 years$25,960$17,691$11,758$7,656$4,905$2,520
35 years$24,942$16,779$10,993$7,048$4,443$2,228
36 years$23,982$15,926$10,284$6,491$4,025$1,970
37 years$23,077$15,126$9,625$5,980$3,648$1,743
38 years$22,221$14,375$9,014$5,512$3,308$1,541
39 years$21,411$13,669$8,445$5,083$2,999$1,364
40 years$20,644$13,005$7,915$4,688$2,721$1,207
41 years$19,916$12,380$7,422$4,325$2,468$1,068
42 years$19,225$11,790$6,962$3,992$2,240$945
43 years$18,567$11,234$6,533$3,685$2,033$837
44 years$17,941$10,708$6,132$3,402$1,845$741
45 years$17,345$10,211$5,758$3,142$1,675$656
46 years$16,776$9,741$5,408$2,902$1,521$580
47 years$16,233$9,296$5,081$2,681$1,381$514
48 years$15,714$8,874$4,775$2,478$1,254$455
49 years$15,218$8,474$4,488$2,290$1,139$403
50 years$14,743$8,095$4,219$2,117$1,035$357

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $15,100,000, adding $4,455 every year, while hoping to spend $44,845 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: 54/23/23 Blend
66$15,100,000$15,100,000$15,100,000$15,100,000
67$16,644,795$15,844,495$15,610,445$17,438,127
68$18,294,850$16,573,161$16,085,681$18,712,686
69$20,111,707$17,336,028$16,575,333$20,094,422
70$22,112,333$18,134,725$17,079,839$21,597,695
71$24,315,423$18,970,960$17,599,646$23,234,147
72$26,741,580$19,846,520$18,135,217$25,016,581
73$29,413,502$20,763,281$18,687,029$26,959,070
74$32,356,206$21,723,208$19,255,570$29,077,091
75$35,597,255$22,728,361$19,841,348$31,387,664
76$39,167,024$23,780,899$20,444,882$33,909,509
77$43,098,982$24,883,086$21,066,708$36,663,218
78$47,430,014$26,037,293$21,707,378$39,671,441
79$52,200,761$27,246,006$22,367,461$42,959,100
80$57,456,011$28,511,832$23,047,543$46,553,615
81$63,245,115$29,837,503$23,748,226$50,485,158
82$69,622,458$31,225,882$24,470,134$54,786,929
83$76,647,970$32,679,972$25,213,905$59,495,469
84$84,387,692$34,202,918$25,980,199$64,650,992
85$92,914,396$35,798,021$26,769,695$70,297,764
86$102,308,277$37,468,737$27,583,092$76,484,506
87$112,657,707$39,218,691$28,421,112$83,264,852
88$124,060,070$41,051,684$29,284,496$90,697,848
89$136,622,679$42,971,698$30,174,009$98,848,496
90$150,463,792$44,982,911$31,090,437$107,788,363
91$165,713,724$47,089,699$32,034,593$117,596,249
92$182,516,082$49,296,652$33,007,310$128,358,914
93$201,029,117$51,608,583$34,009,449$140,171,898
94$221,427,218$54,030,534$35,041,896$153,140,404
95$243,902,559$56,567,795$36,105,564$167,380,283
96$268,666,912$59,225,909$37,201,393$183,019,118
97$295,953,647$62,010,688$38,330,350$200,197,417
98$326,019,934$64,928,228$39,493,432$219,069,922
99$359,149,172$67,984,915$40,691,666$239,807,064
100$395,653,661$71,187,450$41,926,111$262,596,556