Can I retire at age 74 with 13,500,000?

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 $13,500,000?

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$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,037,901
2 years$551,890$541,611$531,650$521,992$512,623$474,144
3 years$364,272$353,949$344,013$334,445$325,229$288,088
4 years$270,481$260,190$250,353$240,949$231,956$196,437
5 years$214,222$203,992$194,284$185,072$176,329$142,525
6 years$176,727$166,575$157,011$148,003$139,524$107,459
7 years$149,956$139,889$130,477$121,682$113,470$83,138
8 years$129,887$119,911$110,654$102,076$94,134$65,509
9 years$114,286$104,404$95,307$86,946$79,275$52,319
10 years$101,812$92,027$83,091$74,948$67,546$42,213
11 years$91,613$81,926$73,152$65,227$58,092$34,329
12 years$83,120$73,533$64,920$57,213$50,341$28,090
13 years$75,940$66,452$58,002$50,511$43,898$23,099
14 years$69,790$60,403$52,115$44,838$38,481$19,071
15 years$64,465$55,179$47,053$39,987$33,882$15,795
16 years$59,810$50,626$42,660$35,804$29,945$13,116
17 years$55,707$46,625$38,819$32,170$26,551$10,916
18 years$52,064$43,083$35,437$28,992$23,608$9,100
19 years$48,809$39,929$32,441$26,196$21,042$7,597
20 years$45,882$37,104$29,772$23,726$18,795$6,351
21 years$43,238$34,561$27,385$21,533$16,820$5,314
22 years$40,837$32,261$25,239$19,578$15,077$4,450
23 years$38,649$30,173$23,304$17,830$13,534$3,729
24 years$36,645$28,271$21,552$16,262$12,164$3,127
25 years$34,805$26,531$19,962$14,852$10,946$2,623
26 years$33,109$24,934$18,514$13,580$9,860$2,202
27 years$31,542$23,466$17,192$12,430$8,889$1,848
28 years$30,089$22,112$15,982$11,388$8,021$1,552
29 years$28,738$20,860$14,872$10,443$7,243$1,304
30 years$27,480$19,700$13,853$9,584$6,544$1,095
31 years$26,306$18,623$12,915$8,802$5,917$920
32 years$25,207$17,621$12,050$8,090$5,352$774
33 years$24,177$16,688$11,251$7,439$4,844$650
34 years$23,209$15,816$10,512$6,845$4,385$547
35 years$22,299$15,001$9,828$6,301$3,972$459
36 years$21,441$14,239$9,194$5,803$3,599$386
37 years$20,632$13,523$8,605$5,347$3,262$325
38 years$19,867$12,852$8,059$4,928$2,957$273
39 years$19,143$12,221$7,550$4,544$2,682$230
40 years$18,457$11,627$7,077$4,191$2,432$193
41 years$17,806$11,068$6,636$3,867$2,207$162
42 years$17,187$10,541$6,224$3,569$2,002$137
43 years$16,600$10,043$5,841$3,294$1,817$115
44 years$16,040$9,573$5,483$3,042$1,649$97
45 years$15,507$9,129$5,148$2,809$1,497$81
46 years$14,998$8,709$4,835$2,595$1,360$68
47 years$14,513$8,311$4,543$2,397$1,235$57
48 years$14,049$7,934$4,269$2,215$1,121$48
49 years$13,605$7,576$4,012$2,047$1,018$41
50 years$13,181$7,237$3,772$1,892$925$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,500,000, adding $6,232 every year, while hoping to spend $44,455 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: 24/47/29 Blend
73$13,500,000$13,500,000$13,500,000$13,500,000
74$14,883,428$14,167,928$13,958,678$15,104,840
75$16,354,238$14,814,857$14,378,994$15,941,845
76$17,973,581$15,491,995$14,811,901$16,833,812
77$19,756,559$16,200,776$15,257,773$17,788,547
78$21,719,817$16,942,703$15,716,996$18,811,308
79$23,881,691$17,719,348$16,189,969$19,907,840
80$26,262,389$18,532,362$16,677,099$21,084,425
81$28,884,179$19,383,474$17,178,808$22,347,929
82$31,771,597$20,274,496$17,695,530$23,705,866
83$34,951,681$21,207,327$18,227,710$25,166,456
84$38,454,223$22,183,957$18,775,809$26,738,699
85$42,312,055$23,206,472$19,340,300$28,432,448
86$46,561,354$24,277,058$19,921,670$30,258,496
87$51,241,986$25,398,008$20,520,420$32,228,665
88$56,397,881$26,571,723$21,137,066$34,355,914
89$62,077,447$27,800,719$21,772,140$36,654,447
90$68,334,029$29,087,637$22,426,189$39,139,837
91$75,226,409$30,435,241$23,099,776$41,829,163
92$82,819,366$31,846,430$23,793,481$44,741,160
93$91,184,279$33,324,243$24,507,900$47,896,385
94$100,399,810$34,871,865$25,243,649$51,317,397
95$110,552,639$36,492,635$26,001,360$55,028,956
96$121,738,286$38,190,052$26,781,683$59,058,247
97$134,062,011$39,967,785$27,585,290$63,435,118
98$147,639,809$41,829,679$28,412,870$68,192,350
99$162,599,501$43,779,765$29,265,133$73,365,950
100$179,081,945$45,822,269$30,142,810$78,995,476