Can I retire at age 68 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,046,421
2 years$555,978$545,623$535,588$525,858$516,421$478,473
3 years$366,970$356,571$346,561$336,922$327,638$290,998
4 years$272,485$262,117$252,208$242,734$233,674$198,622
5 years$215,808$205,503$195,723$186,443$177,636$144,262
6 years$178,036$167,809$158,174$149,100$140,557$108,888
7 years$151,067$140,926$131,443$122,583$114,310$84,340
8 years$130,849$120,799$111,474$102,832$94,832$66,536
9 years$115,133$105,177$96,013$87,590$79,862$53,204
10 years$102,567$92,709$83,706$75,503$68,046$42,981
11 years$92,292$82,533$73,693$65,711$58,522$34,999
12 years$83,736$74,077$65,401$57,637$50,714$28,677
13 years$76,502$66,944$58,431$50,885$44,224$23,614
14 years$70,307$60,850$52,501$45,170$38,766$19,523
15 years$64,942$55,588$47,401$40,284$34,133$16,193
16 years$60,253$51,001$42,976$36,070$30,167$13,466
17 years$56,120$46,970$39,107$32,408$26,748$11,223
18 years$52,450$43,402$35,699$29,206$23,783$9,370
19 years$49,170$40,225$32,681$26,390$21,198$7,835
20 years$46,222$37,379$29,993$23,902$18,935$6,559
21 years$43,558$34,817$27,588$21,692$16,944$5,497
22 years$41,140$32,500$25,426$19,723$15,188$4,610
23 years$38,935$30,397$23,477$17,962$13,634$3,870
24 years$36,917$28,480$21,712$16,383$12,254$3,250
25 years$35,063$26,727$20,110$14,962$11,027$2,731
26 years$33,354$25,119$18,651$13,680$9,933$2,296
27 years$31,775$23,640$17,319$12,522$8,955$1,930
28 years$30,311$22,276$16,100$11,473$8,080$1,624
29 years$28,951$21,015$14,983$10,521$7,296$1,366
30 years$27,684$19,846$13,956$9,655$6,593$1,150
31 years$26,500$18,761$13,010$8,868$5,961$968
32 years$25,393$17,752$12,139$8,150$5,392$815
33 years$24,356$16,811$11,334$7,494$4,880$686
34 years$23,381$15,933$10,590$6,895$4,418$577
35 years$22,464$15,113$9,901$6,348$4,001$486
36 years$21,600$14,344$9,262$5,846$3,625$409
37 years$20,785$13,624$8,669$5,386$3,286$345
38 years$20,014$12,947$8,118$4,965$2,979$290
39 years$19,284$12,311$7,606$4,578$2,701$245
40 years$18,593$11,713$7,129$4,222$2,450$206
41 years$17,938$11,150$6,685$3,896$2,223$174
42 years$17,315$10,619$6,271$3,595$2,017$146
43 years$16,723$10,118$5,884$3,319$1,831$123
44 years$16,159$9,644$5,523$3,064$1,662$104
45 years$15,622$9,197$5,186$2,830$1,509$87
46 years$15,109$8,773$4,871$2,614$1,370$74
47 years$14,620$8,372$4,576$2,415$1,244$62
48 years$14,153$7,993$4,300$2,232$1,129$52
49 years$13,706$7,632$4,042$2,062$1,026$44
50 years$13,278$7,291$3,800$1,906$932$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 68 starting with $13,600,000, adding $3,963 every year, while hoping to spend $56,953 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: 68/7/25 Blend
67$13,600,000$13,600,000$13,600,000$13,600,000
68$14,991,288$14,270,488$14,059,688$15,914,093
69$16,459,802$14,909,144$14,470,090$17,172,723
70$18,076,195$15,577,186$14,892,331$18,542,290
71$19,855,492$16,275,993$15,326,749$20,039,339
72$21,814,245$17,007,010$15,773,689$21,676,473
73$23,970,697$17,771,752$16,233,506$23,467,562
74$26,344,946$18,571,806$16,706,567$25,427,879
75$28,959,139$19,408,833$17,193,245$27,574,241
76$31,837,681$20,284,576$17,693,929$29,925,161
77$35,007,463$21,200,858$18,209,013$32,501,029
78$38,498,116$22,159,591$18,738,907$35,324,294
79$42,342,291$23,162,780$19,284,028$38,419,680
80$46,575,970$24,212,521$19,844,809$41,814,415
81$51,238,800$25,311,015$20,421,690$45,538,485
82$56,374,468$26,460,566$21,015,128$49,624,915
83$62,031,118$27,663,587$21,625,589$54,110,080
84$68,261,800$28,922,611$22,253,553$59,034,043
85$75,124,971$30,240,287$22,899,515$64,440,934
86$82,685,051$31,619,393$23,563,982$70,379,359
87$91,013,025$33,062,842$24,247,474$76,902,862
88$100,187,117$34,573,684$24,950,527$84,070,422
89$110,293,524$36,155,117$25,673,692$91,947,011
90$121,427,236$37,810,490$26,417,533$100,604,202
91$133,692,926$39,543,315$27,182,631$110,120,840
92$147,205,939$41,357,273$27,969,584$120,583,786
93$162,093,384$43,256,218$28,779,005$132,088,731
94$178,495,330$45,244,194$29,611,523$144,741,099
95$196,566,131$47,325,436$30,467,785$158,657,032
96$216,475,877$49,504,384$31,348,457$173,964,491
97$238,412,008$51,785,690$32,254,222$190,804,451
98$262,581,075$54,174,231$33,185,780$209,332,234
99$289,210,695$56,675,119$34,143,854$229,718,969
100$318,551,696$59,293,710$35,129,184$252,153,203