Can I retire at age 74 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%11.5%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,077,648
2 years$555,978$545,623$535,588$525,858$516,421$509,526
3 years$366,970$356,571$346,561$336,922$327,638$320,898
4 years$272,485$262,117$252,208$242,734$233,674$227,140
5 years$215,808$205,503$195,723$186,443$177,636$171,326
6 years$178,036$167,809$158,174$149,100$140,557$134,481
7 years$151,067$140,926$131,443$122,583$114,310$108,471
8 years$130,849$120,799$111,474$102,832$94,832$89,228
9 years$115,133$105,177$96,013$87,590$79,862$74,493
10 years$102,567$92,709$83,706$75,503$68,046$62,910
11 years$92,292$82,533$73,693$65,711$58,522$53,615
12 years$83,736$74,077$65,401$57,637$50,714$46,031
13 years$76,502$66,944$58,431$50,885$44,224$39,760
14 years$70,307$60,850$52,501$45,170$38,766$34,517
15 years$64,942$55,588$47,401$40,284$34,133$30,093
16 years$60,253$51,001$42,976$36,070$30,167$26,330
17 years$56,120$46,970$39,107$32,408$26,748$23,108
18 years$52,450$43,402$35,699$29,206$23,783$20,333
19 years$49,170$40,225$32,681$26,390$21,198$17,933
20 years$46,222$37,379$29,993$23,902$18,935$15,847
21 years$43,558$34,817$27,588$21,692$16,944$14,027
22 years$41,140$32,500$25,426$19,723$15,188$12,435
23 years$38,935$30,397$23,477$17,962$13,634$11,038
24 years$36,917$28,480$21,712$16,383$12,254$9,810
25 years$35,063$26,727$20,110$14,962$11,027$8,727
26 years$33,354$25,119$18,651$13,680$9,933$7,770
27 years$31,775$23,640$17,319$12,522$8,955$6,924
28 years$30,311$22,276$16,100$11,473$8,080$6,174
29 years$28,951$21,015$14,983$10,521$7,296$5,509
30 years$27,684$19,846$13,956$9,655$6,593$4,918
31 years$26,500$18,761$13,010$8,868$5,961$4,393
32 years$25,393$17,752$12,139$8,150$5,392$3,926
33 years$24,356$16,811$11,334$7,494$4,880$3,509
34 years$23,381$15,933$10,590$6,895$4,418$3,138
35 years$22,464$15,113$9,901$6,348$4,001$2,807
36 years$21,600$14,344$9,262$5,846$3,625$2,512
37 years$20,785$13,624$8,669$5,386$3,286$2,248
38 years$20,014$12,947$8,118$4,965$2,979$2,012
39 years$19,284$12,311$7,606$4,578$2,701$1,802
40 years$18,593$11,713$7,129$4,222$2,450$1,614
41 years$17,938$11,150$6,685$3,896$2,223$1,445
42 years$17,315$10,619$6,271$3,595$2,017$1,295
43 years$16,723$10,118$5,884$3,319$1,831$1,160
44 years$16,159$9,644$5,523$3,064$1,662$1,039
45 years$15,622$9,197$5,186$2,830$1,509$931
46 years$15,109$8,773$4,871$2,614$1,370$835
47 years$14,620$8,372$4,576$2,415$1,244$748
48 years$14,153$7,993$4,300$2,232$1,129$670
49 years$13,706$7,632$4,042$2,062$1,026$601
50 years$13,278$7,291$3,800$1,906$932$539

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,600,000, adding $2,988 every year, while hoping to spend $30,809 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: 56/23/21 Blend
73$13,600,000$13,600,000$13,600,000$13,600,000
74$14,990,282$14,269,482$14,058,682$15,744,594
75$16,486,510$14,935,906$14,496,867$16,926,541
76$18,134,321$15,633,952$14,948,699$18,209,997
77$19,949,144$16,365,138$15,414,603$19,607,571
78$21,947,980$17,131,053$15,895,015$21,130,234
79$24,149,563$17,933,364$16,390,388$22,790,048
80$26,574,540$18,773,820$16,901,187$24,600,276
81$29,245,658$19,654,252$17,427,891$26,575,502
82$32,187,986$20,576,582$17,970,997$28,731,769
83$35,429,149$21,542,823$18,531,014$31,086,721
84$38,999,587$22,555,086$19,108,468$33,659,766
85$42,932,845$23,615,585$19,703,901$36,472,257
86$47,265,887$24,726,641$20,317,874$39,547,688
87$52,039,447$25,890,685$20,950,962$42,911,908
88$57,298,412$27,110,270$21,603,760$46,593,363
89$63,092,246$28,388,069$22,276,882$50,623,356
90$69,475,457$29,726,887$22,970,960$55,036,339
91$76,508,111$31,129,662$23,686,645$59,870,231
92$84,256,400$32,599,477$24,424,609$65,166,769
93$92,793,265$34,139,564$25,185,546$70,971,898
94$102,199,086$35,753,310$25,970,169$77,336,194
95$112,562,439$37,444,268$26,779,216$84,315,335
96$123,980,934$39,216,163$27,613,446$91,970,624
97$136,562,135$41,072,901$28,473,642$100,369,552
98$150,424,575$43,018,576$29,360,612$109,586,432
99$165,698,877$45,057,482$30,275,187$119,703,090
100$182,528,984$47,194,120$31,218,228$130,809,629