Can I retire at age 67 with 15,800,000?

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 $15,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,304,749$1,293,127$1,281,788$1,270,721$1,259,914$1,218,121
2 years$645,915$633,886$622,227$610,924$599,959$558,259
3 years$426,333$414,251$402,622$391,425$380,639$340,341
4 years$316,563$304,519$293,006$281,999$271,475$232,887
5 years$250,719$238,746$227,385$216,603$206,371$169,596
6 years$206,836$194,954$183,761$173,219$163,294$128,363
7 years$175,504$163,722$152,706$142,413$132,802$99,709
8 years$152,016$140,340$129,507$119,467$110,172$78,892
9 years$133,757$122,191$111,544$101,759$92,781$63,278
10 years$119,158$107,706$97,247$87,717$79,054$51,281
11 years$107,222$95,884$85,614$76,340$67,989$41,893
12 years$97,282$86,060$75,981$66,961$58,918$34,440
13 years$88,877$77,773$67,884$59,116$51,377$28,456
14 years$81,680$70,694$60,994$52,477$45,037$23,608
15 years$75,448$64,580$55,069$46,800$39,654$19,651
16 years$70,000$59,251$49,928$41,904$35,047$16,401
17 years$65,198$54,568$45,433$37,651$31,075$13,720
18 years$60,935$50,423$41,474$33,931$27,630$11,498
19 years$57,124$46,732$37,968$30,659$24,627$9,650
20 years$53,699$43,425$34,845$27,768$21,998$8,110
21 years$50,604$40,449$32,051$25,201$19,685$6,823
22 years$47,795$37,758$29,540$22,914$17,645$5,745
23 years$45,233$35,314$27,275$20,868$15,839$4,841
24 years$42,889$33,087$25,224$19,033$14,237$4,082
25 years$40,735$31,051$23,363$17,382$12,811$3,444
26 years$38,750$29,182$21,668$15,893$11,540$2,906
27 years$36,915$27,464$20,120$14,547$10,404$2,454
28 years$35,215$25,879$18,705$13,328$9,388$2,073
29 years$33,634$24,414$17,406$12,222$8,477$1,751
30 years$32,162$23,057$16,213$11,217$7,659$1,480
31 years$30,787$21,796$15,115$10,302$6,925$1,250
32 years$29,501$20,624$14,103$9,468$6,264$1,057
33 years$28,295$19,531$13,168$8,707$5,669$894
34 years$27,163$18,511$12,303$8,011$5,133$756
35 years$26,098$17,557$11,503$7,374$4,649$639
36 years$25,094$16,664$10,760$6,792$4,212$540
37 years$24,147$15,827$10,072$6,258$3,817$457
38 years$23,251$15,042$9,432$5,768$3,461$386
39 years$22,404$14,303$8,836$5,318$3,138$327
40 years$21,601$13,608$8,282$4,905$2,847$276
41 years$20,839$12,954$7,766$4,526$2,583$234
42 years$20,116$12,337$7,285$4,177$2,343$198
43 years$19,428$11,754$6,836$3,856$2,127$167
44 years$18,773$11,204$6,417$3,560$1,930$142
45 years$18,149$10,684$6,025$3,288$1,753$120
46 years$17,553$10,192$5,659$3,037$1,591$101
47 years$16,985$9,727$5,316$2,806$1,445$86
48 years$16,442$9,285$4,996$2,593$1,312$72
49 years$15,923$8,867$4,696$2,396$1,192$61
50 years$15,426$8,470$4,415$2,215$1,082$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $15,800,000, adding $4,602 every year, while hoping to spend $35,176 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: 44/39/17 Blend
66$15,800,000$15,800,000$15,800,000$15,800,000
67$17,416,347$16,578,947$16,334,047$18,096,931
68$19,155,387$17,353,888$16,843,811$19,349,695
69$21,070,631$18,165,623$17,369,472$20,702,885
70$23,180,013$19,015,916$17,911,528$22,168,867
71$25,503,298$19,906,620$18,470,487$23,758,071
72$28,062,264$20,839,674$19,046,878$25,481,944
73$30,880,910$21,817,113$19,641,244$27,353,049
74$33,985,681$22,841,070$20,254,144$29,385,181
75$37,405,719$23,913,781$20,886,156$31,593,485
76$41,173,136$25,037,589$21,537,875$33,994,598
77$45,323,318$26,214,954$22,209,917$36,606,789
78$49,895,261$27,448,450$22,902,913$39,450,133
79$54,931,933$28,740,781$23,617,517$42,546,685
80$60,480,689$30,094,777$24,354,401$45,920,681
81$66,593,706$31,513,408$25,114,261$49,598,760
82$73,328,488$32,999,788$25,897,812$53,610,203
83$80,748,396$34,557,181$26,705,792$57,987,198
84$88,923,259$36,189,009$27,538,962$62,765,137
85$97,930,021$37,898,860$28,398,107$67,982,935
86$107,853,475$39,690,496$29,284,035$73,683,388
87$118,787,061$41,567,862$30,197,582$79,913,564
88$130,833,747$43,535,093$31,139,607$86,725,232
89$144,107,003$45,596,527$32,110,998$94,175,343
90$158,731,871$47,756,710$33,112,670$102,326,548
91$174,846,142$50,020,409$34,145,565$111,247,774
92$192,601,663$52,392,624$35,210,655$121,014,867
93$212,165,765$54,878,595$36,308,945$131,711,281
94$233,722,846$57,483,819$37,441,468$143,428,859
95$257,476,109$60,214,058$38,609,289$156,268,673
96$283,649,480$63,075,355$39,813,509$170,341,968
97$312,489,726$66,074,047$41,055,260$185,771,187
98$344,268,779$69,216,776$42,335,712$202,691,107
99$379,286,306$72,510,510$43,656,070$221,250,094
100$417,872,538$75,962,553$45,017,577$241,611,476