Can I retire at age 69 with 10,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$834,049$826,619$819,371$812,296$805,388$796,646
2 years$412,895$405,206$397,753$390,527$383,518$374,716
3 years$272,529$264,806$257,372$250,214$243,320$234,730
4 years$202,360$194,661$187,301$180,265$173,538$165,228
5 years$160,269$152,616$145,353$138,461$131,921$123,914
6 years$132,218$124,623$117,467$110,728$104,384$96,691
7 years$112,190$104,658$97,616$91,036$84,892$77,516
8 years$97,175$89,711$82,786$76,368$70,426$63,366
9 years$85,503$78,110$71,303$65,048$59,309$52,562
10 years$76,171$68,850$62,164$56,072$50,534$44,097
11 years$68,540$61,293$54,728$48,800$43,461$37,327
12 years$62,186$55,013$48,570$42,804$37,663$31,826
13 years$56,814$49,716$43,394$37,789$32,843$27,296
14 years$52,213$45,190$38,990$33,545$28,790$23,526
15 years$48,229$41,282$35,202$29,917$25,349$20,359
16 years$44,747$37,876$31,916$26,787$22,403$17,680
17 years$41,677$34,882$29,042$24,068$19,864$15,398
18 years$38,952$32,233$26,512$21,690$17,662$13,444
19 years$36,516$29,873$24,270$19,599$15,743$11,763
20 years$34,327$27,759$22,274$17,750$14,062$10,312
21 years$32,348$25,857$20,488$16,110$12,584$9,054
22 years$30,552$24,136$18,883$14,647$11,280$7,960
23 years$28,915$22,574$17,435$13,340$10,125$7,007
24 years$27,416$21,151$16,124$12,167$9,101$6,175
25 years$26,039$19,849$14,934$11,111$8,189$5,447
26 years$24,771$18,655$13,851$10,159$7,377$4,808
27 years$23,598$17,556$12,862$9,299$6,651$4,247
28 years$22,511$16,543$11,957$8,520$6,001$3,754
29 years$21,500$15,607$11,127$7,813$5,419$3,320
30 years$20,559$14,739$10,364$7,170$4,896$2,938
31 years$19,680$13,933$9,662$6,586$4,427$2,600
32 years$18,858$13,183$9,015$6,052$4,004$2,303
33 years$18,088$12,485$8,417$5,566$3,624$2,040
34 years$17,364$11,833$7,865$5,121$3,281$1,808
35 years$16,683$11,223$7,353$4,714$2,972$1,602
36 years$16,041$10,653$6,878$4,341$2,692$1,420
37 years$15,436$10,117$6,438$4,000$2,440$1,259
38 years$14,863$9,615$6,029$3,687$2,212$1,117
39 years$14,322$9,143$5,649$3,400$2,006$991
40 years$13,808$8,699$5,294$3,136$1,820$879
41 years$13,321$8,281$4,964$2,893$1,651$780
42 years$12,859$7,886$4,657$2,670$1,498$692
43 years$12,419$7,514$4,370$2,465$1,360$614
44 years$12,000$7,162$4,102$2,276$1,234$545
45 years$11,601$6,830$3,851$2,102$1,120$484
46 years$11,221$6,515$3,617$1,941$1,017$429
47 years$10,858$6,218$3,398$1,794$924$381
48 years$10,511$5,936$3,194$1,657$839$338
49 years$10,179$5,668$3,002$1,532$762$300
50 years$9,861$5,415$2,822$1,416$692$267

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $10,100,000, adding $5,951 every year, while hoping to spend $44,201 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: 51/23/26 Blend
68$10,100,000$10,100,000$10,100,000$10,100,000
69$11,136,338$10,601,038$10,444,488$11,622,654
70$12,225,215$11,073,460$10,747,349$12,433,816
71$13,423,676$11,567,548$11,058,875$13,310,400
72$14,742,852$12,084,319$11,379,308$14,262,698
73$16,195,008$12,624,836$11,708,899$15,297,927
74$17,793,658$13,190,211$12,047,906$16,424,020
75$19,553,693$13,781,613$12,396,593$17,649,699
76$21,491,521$14,400,264$12,755,231$18,984,553
77$23,625,224$15,047,445$13,124,098$20,439,129
78$25,974,723$15,724,496$13,503,482$22,025,024
79$28,561,973$16,432,825$13,893,677$23,754,994
80$31,411,164$17,173,903$14,294,985$25,643,073
81$34,548,953$17,949,274$14,707,717$27,704,697
82$38,004,712$18,760,554$15,132,191$29,956,851
83$41,810,809$19,609,438$15,568,736$32,418,223
84$46,002,911$20,497,700$16,017,688$35,109,376
85$50,620,320$21,427,200$16,479,393$38,052,943
86$55,706,346$22,399,886$16,954,207$41,273,828
87$61,308,714$23,417,801$17,442,493$44,799,446
88$67,480,013$24,483,083$17,944,627$48,659,969
89$74,278,196$25,597,976$18,460,993$52,888,613
90$81,767,123$26,764,828$18,991,987$57,521,942
91$90,017,166$27,986,101$19,538,015$62,600,209
92$99,105,872$29,264,374$20,099,494$68,167,732
93$109,118,695$30,602,353$20,676,851$74,273,305
94$120,149,802$32,002,869$21,270,526$80,970,655
95$132,302,964$33,468,891$21,880,971$88,318,940
96$145,692,532$35,003,533$22,508,649$96,383,302
97$160,444,518$36,610,053$23,154,036$105,235,479
98$176,697,784$38,291,871$23,817,621$114,954,470
99$194,605,352$40,052,567$24,499,906$125,627,276
100$214,335,851$41,895,896$25,201,406$137,349,713