Can I retire at age 74 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,082,647
2 years$564,154$553,647$543,464$533,591$524,015$506,146
3 years$372,367$361,815$351,657$341,877$332,457$315,060
4 years$276,492$265,972$255,917$246,303$237,111$220,320
5 years$218,982$208,525$198,602$189,185$180,248$164,112
6 years$180,655$170,277$160,500$151,292$142,624$127,161
7 years$153,289$142,998$133,376$124,386$115,992$101,206
8 years$132,774$122,576$113,113$104,344$96,226$82,116
9 years$116,826$106,724$97,425$88,878$81,036$67,594
10 years$104,075$94,072$84,937$76,614$69,047$56,261
11 years$93,649$83,747$74,777$66,677$59,383$47,240
12 years$84,967$75,167$66,363$58,485$51,460$39,944
13 years$77,627$67,929$59,291$51,633$44,874$33,969
14 years$71,341$61,745$53,273$45,834$39,336$29,024
15 years$65,897$56,405$48,098$40,876$34,635$24,896
16 years$61,139$51,751$43,608$36,600$30,610$21,425
17 years$56,945$47,661$39,682$32,885$27,141$18,490
18 years$53,221$44,041$36,224$29,636$24,133$15,993
19 years$49,893$40,816$33,162$26,779$21,510$13,862
20 years$46,902$37,929$30,434$24,253$19,213$12,035
21 years$44,199$35,329$27,994$22,011$17,194$10,464
22 years$41,745$32,978$25,800$20,013$15,412$9,110
23 years$39,507$30,844$23,822$18,226$13,834$7,939
24 years$37,460$28,899$22,031$16,624$12,435$6,926
25 years$35,579$27,120$20,405$15,182$11,189$6,047
26 years$33,845$25,489$18,925$13,881$10,079$5,283
27 years$32,243$23,988$17,574$12,706$9,087$4,618
28 years$30,757$22,603$16,337$11,641$8,199$4,040
29 years$29,377$21,324$15,203$10,675$7,404$3,535
30 years$28,091$20,138$14,161$9,797$6,690$3,095
31 years$26,890$19,037$13,202$8,998$6,048$2,710
32 years$25,767$18,013$12,318$8,269$5,471$2,374
33 years$24,714$17,059$11,501$7,604$4,951$2,081
34 years$23,725$16,168$10,746$6,997$4,483$1,824
35 years$22,794$15,335$10,047$6,441$4,060$1,599
36 years$21,918$14,555$9,398$5,932$3,679$1,402
37 years$21,090$13,824$8,797$5,465$3,334$1,229
38 years$20,308$13,138$8,238$5,038$3,023$1,078
39 years$19,568$12,493$7,718$4,645$2,741$946
40 years$18,867$11,886$7,234$4,284$2,486$830
41 years$18,201$11,314$6,783$3,953$2,256$728
42 years$17,569$10,775$6,363$3,648$2,047$639
43 years$16,968$10,266$5,971$3,367$1,858$561
44 years$16,396$9,786$5,604$3,109$1,686$492
45 years$15,851$9,332$5,262$2,872$1,531$432
46 years$15,331$8,902$4,943$2,652$1,390$379
47 years$14,835$8,496$4,643$2,451$1,262$333
48 years$14,361$8,110$4,364$2,264$1,146$292
49 years$13,908$7,745$4,101$2,093$1,041$256
50 years$13,474$7,398$3,856$1,934$945$225

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 74 starting with $13,800,000, adding $3,654 every year, while hoping to spend $26,118 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: 57/14/29 Blend
73$13,800,000$13,800,000$13,800,000$13,800,000
74$15,211,369$14,479,969$14,266,069$15,956,871
75$16,735,139$15,161,698$14,716,193$17,151,398
76$18,413,459$15,875,957$15,180,521$18,449,745
77$20,262,064$16,624,311$15,659,501$19,864,456
78$22,298,296$17,408,403$16,153,595$21,406,803
79$24,541,262$18,229,955$16,663,281$23,089,185
80$27,012,020$19,090,772$17,189,050$24,925,242
81$29,733,773$19,992,747$17,731,410$26,929,977
82$32,732,091$20,937,864$18,290,885$29,119,902
83$36,035,149$21,928,205$18,868,015$31,513,183
84$39,673,997$22,965,950$19,463,356$34,129,809
85$43,682,851$24,053,388$20,077,485$36,991,781
86$48,099,414$25,192,916$20,710,993$40,123,313
87$52,965,235$26,387,050$21,364,492$43,551,056
88$58,326,100$27,638,426$22,038,613$47,304,346
89$64,232,464$28,949,810$22,734,008$51,415,477
90$70,739,924$30,324,100$23,451,347$55,920,000
91$77,909,752$31,764,337$24,191,323$60,857,055
92$85,809,465$33,273,708$24,954,650$66,269,735
93$94,513,465$34,855,554$25,742,066$72,205,487
94$104,103,744$36,513,381$26,554,330$78,716,555
95$114,670,653$38,250,864$27,392,227$85,860,468
96$126,313,759$40,071,856$28,256,566$93,700,576
97$139,142,783$41,980,397$29,148,181$102,306,644
98$153,278,635$43,980,725$30,067,934$111,755,499
99$168,854,558$46,077,283$31,016,712$122,131,756
100$186,017,383$48,274,729$31,995,431$133,528,604