Can I retire at age 67 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,401,660
2 years$727,677$714,125$700,990$688,256$675,903$658,056
3 years$480,299$466,688$453,587$440,972$428,821$411,418
4 years$356,634$343,065$330,095$317,696$305,839$289,014
5 years$282,455$268,967$256,167$244,021$232,494$216,297
6 years$233,018$219,632$207,021$195,145$183,964$168,414
7 years$197,720$184,447$172,036$160,440$149,612$134,715
8 years$171,259$158,105$145,900$134,589$124,118$109,872
9 years$150,688$137,659$125,664$114,640$104,525$90,924
10 years$134,242$121,339$109,556$98,821$89,061$76,096
11 years$120,794$108,021$96,452$86,004$76,595$64,254
12 years$109,596$96,954$85,598$75,437$66,376$54,645
13 years$100,128$87,618$76,477$66,599$57,881$46,746
14 years$92,019$79,643$68,715$59,119$50,738$40,182
15 years$84,998$72,755$62,040$52,724$44,674$34,680
16 years$78,861$66,751$56,248$47,209$39,483$30,032
17 years$73,451$61,475$51,184$42,417$35,008$26,083
18 years$68,648$56,806$46,724$38,226$31,128$22,708
19 years$64,355$52,647$42,774$34,540$27,745$19,812
20 years$60,497$48,922$39,256$31,283$24,782$17,316
21 years$57,010$45,569$36,108$28,391$22,177$15,158
22 years$53,845$42,537$33,279$25,814$19,879$13,287
23 years$50,959$39,784$30,727$23,510$17,844$11,661
24 years$48,317$37,275$28,417$21,442$16,039$10,244
25 years$45,891$34,981$26,320$19,582$14,433$9,007
26 years$43,655$32,876$24,411$17,905$13,000$7,926
27 years$41,588$30,941$22,667$16,389$11,721$6,979
28 years$39,672$29,155$21,072$15,016$10,576$6,149
29 years$37,892$27,505$19,610$13,770$9,550$5,421
30 years$36,233$25,975$18,266$12,637$8,629$4,781
31 years$34,684$24,555$17,028$11,606$7,801$4,218
32 years$33,235$23,234$15,888$10,666$7,057$3,723
33 years$31,877$22,003$14,835$9,809$6,386$3,287
34 years$30,602$20,854$13,861$9,025$5,782$2,903
35 years$29,401$19,780$12,959$8,308$5,237$2,564
36 years$28,271$18,774$12,122$7,651$4,745$2,265
37 years$27,203$17,831$11,346$7,050$4,301$2,002
38 years$26,195$16,946$10,625$6,498$3,899$1,769
39 years$25,240$16,114$9,955$5,991$3,536$1,564
40 years$24,335$15,331$9,331$5,526$3,207$1,383
41 years$23,477$14,593$8,749$5,099$2,909$1,223
42 years$22,662$13,898$8,207$4,705$2,640$1,081
43 years$21,887$13,242$7,701$4,344$2,396$956
44 years$21,149$12,623$7,229$4,011$2,175$846
45 years$20,446$12,037$6,788$3,704$1,974$748
46 years$19,775$11,483$6,375$3,421$1,793$662
47 years$19,135$10,958$5,989$3,161$1,628$585
48 years$18,524$10,461$5,628$2,921$1,478$518
49 years$17,939$9,990$5,290$2,699$1,343$458
50 years$17,379$9,542$4,974$2,495$1,220$405

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $17,800,000, adding $5,920 every year, while hoping to spend $40,236 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: 53/22/25 Blend
66$17,800,000$17,800,000$17,800,000$17,800,000
67$19,621,706$18,678,306$18,402,406$20,525,108
68$21,580,310$19,550,733$18,976,076$22,022,192
69$23,737,342$20,464,559$19,567,616$23,645,859
70$26,113,001$21,421,772$20,177,580$25,411,993
71$28,729,541$22,424,454$20,806,544$27,334,222
72$31,611,489$23,474,787$21,455,098$29,427,527
73$34,785,869$24,575,060$22,123,852$31,708,378
74$38,282,462$25,727,671$22,813,434$34,194,883
75$42,134,082$26,935,136$23,524,493$36,906,958
76$46,376,891$28,200,091$24,257,698$39,866,504
77$51,050,740$29,525,301$25,013,736$43,097,611
78$56,199,538$30,913,663$25,793,318$46,626,780
79$61,871,674$32,368,216$26,597,178$50,483,161
80$68,120,472$33,892,145$27,426,070$54,698,830
81$75,004,690$35,488,791$28,280,774$59,309,078
82$82,589,080$37,161,654$29,162,092$64,352,739
83$90,944,997$38,914,405$30,070,852$69,872,549
84$100,151,069$40,750,894$31,007,908$75,915,541
85$110,293,946$42,675,155$31,974,141$82,533,484
86$121,469,112$44,691,421$32,970,458$89,783,355
87$133,781,788$46,804,127$33,997,795$97,727,878
88$147,347,925$49,017,925$35,057,117$106,436,097
89$162,295,302$51,337,691$36,149,418$115,984,024
90$178,764,724$53,768,539$37,275,725$126,455,345
91$196,911,359$56,315,831$38,437,095$137,942,197
92$216,906,199$58,985,188$39,634,619$150,546,029
93$238,937,674$61,782,505$40,869,421$164,378,547
94$263,213,431$64,713,962$42,142,661$179,562,755
95$289,962,295$67,786,040$43,455,534$196,234,105
96$319,436,428$71,005,535$44,809,273$214,541,763
97$351,913,708$74,379,571$46,205,149$234,649,998
98$387,700,356$77,915,619$47,644,471$256,739,724
99$427,133,823$81,621,515$49,128,591$281,010,192
100$470,585,976$85,505,473$50,658,903$307,680,849