Can I retire at age 67 with 6,600,000?

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 $6,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$545,022$540,167$535,431$530,807$526,293$507,418
2 years$269,813$264,788$259,918$255,196$250,616$231,804
3 years$178,088$173,042$168,184$163,506$159,001$140,843
4 years$132,235$127,204$122,395$117,797$113,401$96,036
5 years$104,731$99,729$94,983$90,480$86,206$69,679
6 years$86,400$81,437$76,761$72,357$68,211$52,535
7 years$73,312$68,390$63,789$59,489$55,474$40,645
8 years$63,500$58,623$54,098$49,904$46,021$32,027
9 years$55,873$51,042$46,594$42,507$38,757$25,578
10 years$49,775$44,991$40,622$36,641$33,022$20,637
11 years$44,789$40,053$35,763$31,889$28,400$16,783
12 years$40,637$35,949$31,739$27,971$24,611$13,733
13 years$37,126$32,488$28,356$24,694$21,461$11,293
14 years$34,119$29,530$25,478$21,921$18,813$9,323
15 years$31,516$26,977$23,004$19,549$16,564$7,722
16 years$29,240$24,750$20,856$17,504$14,640$6,413
17 years$27,235$22,794$18,978$15,728$12,981$5,336
18 years$25,454$21,063$17,325$14,174$11,542$4,449
19 years$23,862$19,521$15,860$12,807$10,287$3,714
20 years$22,431$18,140$14,555$11,599$9,189$3,105
21 years$21,139$16,896$13,388$10,527$8,223$2,598
22 years$19,965$15,772$12,339$9,572$7,371$2,176
23 years$18,895$14,751$11,393$8,717$6,616$1,823
24 years$17,915$13,821$10,537$7,950$5,947$1,529
25 years$17,016$12,970$9,759$7,261$5,351$1,282
26 years$16,187$12,190$9,051$6,639$4,820$1,076
27 years$15,420$11,472$8,405$6,077$4,346$904
28 years$14,710$10,810$7,813$5,568$3,921$759
29 years$14,050$10,198$7,271$5,106$3,541$637
30 years$13,435$9,631$6,773$4,686$3,199$536
31 years$12,861$9,105$6,314$4,303$2,893$450
32 years$12,323$8,615$5,891$3,955$2,617$378
33 years$11,820$8,158$5,500$3,637$2,368$318
34 years$11,347$7,732$5,139$3,346$2,144$267
35 years$10,902$7,334$4,805$3,080$1,942$225
36 years$10,482$6,961$4,495$2,837$1,759$189
37 years$10,087$6,611$4,207$2,614$1,595$159
38 years$9,713$6,283$3,940$2,409$1,446$134
39 years$9,359$5,975$3,691$2,221$1,311$112
40 years$9,023$5,684$3,460$2,049$1,189$94
41 years$8,705$5,411$3,244$1,890$1,079$79
42 years$8,403$5,153$3,043$1,745$979$67
43 years$8,115$4,910$2,856$1,611$888$56
44 years$7,842$4,680$2,680$1,487$806$47
45 years$7,581$4,463$2,517$1,373$732$40
46 years$7,332$4,258$2,364$1,269$665$33
47 years$7,095$4,063$2,221$1,172$604$28
48 years$6,868$3,879$2,087$1,083$548$24
49 years$6,651$3,704$1,962$1,001$498$20
50 years$6,444$3,538$1,844$925$452$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $6,600,000, adding $6,335 every year, while hoping to spend $49,760 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: 53/21/26 Blend
66$6,600,000$6,600,000$6,600,000$6,600,000
67$7,279,735$6,929,935$6,827,635$7,612,573
68$7,969,323$7,216,557$7,003,416$8,130,054
69$8,727,582$7,515,556$7,183,418$8,687,280
70$9,561,463$7,827,486$7,367,731$9,292,684
71$10,478,626$8,152,926$7,556,443$9,950,891
72$11,487,509$8,492,483$7,749,647$10,666,990
73$12,597,409$8,846,789$7,947,435$11,446,574
74$13,818,572$9,216,509$8,149,901$12,295,799
75$15,162,285$9,602,337$8,357,141$13,221,437
76$16,640,985$10,004,998$8,569,252$14,230,936
77$18,268,374$10,425,252$8,786,331$15,332,494
78$20,059,553$10,863,893$9,008,478$16,535,132
79$22,031,157$11,321,754$9,235,792$17,848,777
80$24,201,520$11,799,705$9,468,375$19,284,356
81$26,590,840$12,298,655$9,706,330$20,853,893
82$29,221,374$12,819,558$9,949,761$22,570,628
83$32,117,648$13,363,410$10,198,772$24,449,131
84$35,306,687$13,931,256$10,453,470$26,505,445
85$38,818,268$14,524,187$10,713,960$28,757,233
86$42,685,206$15,143,346$10,980,352$31,223,939
87$46,943,656$15,789,929$11,252,753$33,926,975
88$51,633,461$16,465,188$11,531,273$36,889,917
89$56,798,526$17,170,434$11,816,022$40,138,724
90$62,487,229$17,907,038$12,107,112$43,701,987
91$68,752,879$18,676,436$12,404,653$47,611,187
92$75,654,223$19,480,132$12,708,759$51,900,997
93$83,255,993$20,319,697$13,019,542$56,609,602
94$91,629,522$21,196,781$13,337,114$61,779,057
95$100,853,416$22,113,105$13,661,590$67,455,685
96$111,014,294$23,070,477$13,993,083$73,690,504
97$122,207,608$24,070,786$14,331,707$80,539,710
98$134,538,539$25,116,010$14,677,575$88,065,204
99$148,122,997$26,208,222$15,030,801$96,335,170
100$163,088,708$27,349,590$15,391,497$105,424,717