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

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 $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%11.1%
1 years$834,049$826,619$819,371$812,296$805,388$801,657
2 years$412,895$405,206$397,753$390,527$383,518$379,752
3 years$272,529$264,806$257,372$250,214$243,320$239,635
4 years$202,360$194,661$187,301$180,265$173,538$169,963
5 years$160,269$152,616$145,353$138,461$131,921$128,467
6 years$132,218$124,623$117,467$110,728$104,384$101,055
7 years$112,190$104,658$97,616$91,036$84,892$81,690
8 years$97,175$89,711$82,786$76,368$70,426$67,351
9 years$85,503$78,110$71,303$65,048$59,309$56,360
10 years$76,171$68,850$62,164$56,072$50,534$47,710
11 years$68,540$61,293$54,728$48,800$43,461$40,760
12 years$62,186$55,013$48,570$42,804$37,663$35,082
13 years$56,814$49,716$43,394$37,789$32,843$30,380
14 years$52,213$45,190$38,990$33,545$28,790$26,443
15 years$48,229$41,282$35,202$29,917$25,349$23,115
16 years$44,747$37,876$31,916$26,787$22,403$20,279
17 years$41,677$34,882$29,042$24,068$19,864$17,847
18 years$38,952$32,233$26,512$21,690$17,662$15,748
19 years$36,516$29,873$24,270$19,599$15,743$13,928
20 years$34,327$27,759$22,274$17,750$14,062$12,344
21 years$32,348$25,857$20,488$16,110$12,584$10,959
22 years$30,552$24,136$18,883$14,647$11,280$9,744
23 years$28,915$22,574$17,435$13,340$10,125$8,675
24 years$27,416$21,151$16,124$12,167$9,101$7,733
25 years$26,039$19,849$14,934$11,111$8,189$6,901
26 years$24,771$18,655$13,851$10,159$7,377$6,164
27 years$23,598$17,556$12,862$9,299$6,651$5,510
28 years$22,511$16,543$11,957$8,520$6,001$4,929
29 years$21,500$15,607$11,127$7,813$5,419$4,412
30 years$20,559$14,739$10,364$7,170$4,896$3,951
31 years$19,680$13,933$9,662$6,586$4,427$3,541
32 years$18,858$13,183$9,015$6,052$4,004$3,175
33 years$18,088$12,485$8,417$5,566$3,624$2,847
34 years$17,364$11,833$7,865$5,121$3,281$2,555
35 years$16,683$11,223$7,353$4,714$2,972$2,293
36 years$16,041$10,653$6,878$4,341$2,692$2,058
37 years$15,436$10,117$6,438$4,000$2,440$1,849
38 years$14,863$9,615$6,029$3,687$2,212$1,660
39 years$14,322$9,143$5,649$3,400$2,006$1,492
40 years$13,808$8,699$5,294$3,136$1,820$1,340
41 years$13,321$8,281$4,964$2,893$1,651$1,205
42 years$12,859$7,886$4,657$2,670$1,498$1,083
43 years$12,419$7,514$4,370$2,465$1,360$973
44 years$12,000$7,162$4,102$2,276$1,234$875
45 years$11,601$6,830$3,851$2,102$1,120$787
46 years$11,221$6,515$3,617$1,941$1,017$708
47 years$10,858$6,218$3,398$1,794$924$637
48 years$10,511$5,936$3,194$1,657$839$573
49 years$10,179$5,668$3,002$1,532$762$515
50 years$9,861$5,415$2,822$1,416$692$463

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 $5,614 every year, while hoping to spend $59,209 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: 78/11/11 Blend
68$10,100,000$10,100,000$10,100,000$10,100,000
69$11,135,991$10,600,691$10,444,141$11,982,095
70$12,208,864$11,057,127$10,731,022$12,995,673
71$13,389,186$11,533,944$11,025,529$14,098,907
72$14,687,853$12,032,078$11,327,854$15,307,221
73$16,116,874$12,552,509$11,638,197$16,631,071
74$17,689,476$13,096,263$11,956,758$18,081,969
75$19,420,238$13,664,415$12,283,744$19,672,594
76$21,325,219$14,258,088$12,619,367$21,416,905
77$23,422,119$14,878,462$12,963,843$23,330,274
78$25,730,437$15,526,768$13,317,393$25,429,632
79$28,271,660$16,204,298$13,680,244$27,733,622
80$31,069,464$16,912,404$14,052,627$30,262,778
81$34,149,938$17,652,501$14,434,779$33,039,715
82$37,541,830$18,426,071$14,826,942$36,089,342
83$41,276,815$19,234,667$15,229,363$39,439,094
84$45,389,799$20,079,914$15,642,296$43,119,191
85$49,919,243$20,963,515$16,065,998$47,162,919
86$54,907,531$21,887,253$16,500,734$51,606,945
87$60,401,366$22,852,994$16,946,775$56,491,659
88$66,452,209$23,862,695$17,404,396$61,861,554
89$73,116,770$24,918,403$17,873,879$67,765,643
90$80,457,539$26,022,263$18,355,512$74,257,920
91$88,543,376$27,176,522$18,849,590$81,397,869
92$97,450,163$28,383,534$19,356,414$89,251,019
93$107,261,516$29,645,764$19,876,290$97,889,564
94$118,069,577$30,965,792$20,409,532$107,393,040
95$129,975,883$32,346,325$20,956,461$117,849,072
96$143,092,323$33,790,196$21,517,402$129,354,200
97$157,542,196$35,300,371$22,092,691$142,014,787
98$173,461,371$36,879,960$22,682,667$155,948,020
99$190,999,572$38,532,220$23,287,678$171,283,011
100$210,321,792$40,260,563$23,908,079$188,162,014