Can I retire at age 69 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$842,306$834,804$827,484$820,339$813,362$785,755
2 years$416,983$409,217$401,691$394,394$387,315$359,778
3 years$275,228$267,428$259,921$252,692$245,729$219,126
4 years$204,364$196,588$189,156$182,050$175,256$149,792
5 years$161,856$154,127$146,793$139,832$133,227$108,968
6 years$133,527$125,857$118,630$111,825$105,418$82,384
7 years$113,300$105,694$98,582$91,937$85,733$63,921
8 years$98,137$90,599$83,606$77,124$71,124$50,517
9 years$86,349$78,883$72,009$65,692$59,896$40,469
10 years$76,925$69,532$62,779$56,628$51,035$32,755
11 years$69,219$61,900$55,270$49,283$43,892$26,724
12 years$62,802$55,558$49,051$43,228$38,036$21,940
13 years$57,377$50,208$43,824$38,164$33,168$18,104
14 years$52,730$45,638$39,376$33,877$29,075$14,998
15 years$48,707$41,691$35,551$30,213$25,600$12,467
16 years$45,190$38,251$32,232$27,052$22,625$10,390
17 years$42,090$35,227$29,330$24,306$20,061$8,678
18 years$39,337$32,552$26,775$21,905$17,837$7,262
19 years$36,878$30,169$24,511$19,793$15,899$6,086
20 years$34,667$28,034$22,495$17,926$14,201$5,107
21 years$32,669$26,113$20,691$16,269$12,708$4,290
22 years$30,855$24,375$19,070$14,792$11,391$3,606
23 years$29,201$22,798$17,608$13,472$10,225$3,034
24 years$27,688$21,360$16,284$12,287$9,191$2,554
25 years$26,297$20,045$15,082$11,221$8,270$2,151
26 years$25,016$18,839$13,988$10,260$7,450$1,813
27 years$23,831$17,730$12,989$9,391$6,716$1,528
28 years$22,734$16,707$12,075$8,604$6,060$1,289
29 years$21,713$15,761$11,237$7,890$5,472$1,087
30 years$20,763$14,885$10,467$7,241$4,945$917
31 years$19,875$14,071$9,758$6,651$4,470$774
32 years$19,045$13,314$9,104$6,112$4,044$653
33 years$18,267$12,609$8,501$5,621$3,660$551
34 years$17,536$11,950$7,943$5,172$3,313$465
35 years$16,848$11,334$7,426$4,761$3,001$393
36 years$16,200$10,758$6,947$4,384$2,719$331
37 years$15,588$10,218$6,502$4,040$2,464$280
38 years$15,010$9,710$6,089$3,723$2,234$236
39 years$14,463$9,234$5,704$3,433$2,026$200
40 years$13,945$8,785$5,347$3,167$1,838$168
41 years$13,453$8,363$5,014$2,922$1,667$142
42 years$12,986$7,964$4,703$2,696$1,513$120
43 years$12,542$7,588$4,413$2,489$1,373$101
44 years$12,119$7,233$4,142$2,298$1,246$86
45 years$11,716$6,898$3,890$2,122$1,131$72
46 years$11,332$6,580$3,653$1,961$1,027$61
47 years$10,965$6,279$3,432$1,811$933$52
48 years$10,615$5,994$3,225$1,674$847$44
49 years$10,279$5,724$3,032$1,547$769$37
50 years$9,959$5,468$2,850$1,430$699$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $10,200,000, adding $5,700 every year, while hoping to spend $21,331 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: 30/42/28 Blend
68$10,200,000$10,200,000$10,200,000$10,200,000
69$11,246,280$10,705,680$10,547,580$11,486,631
70$12,370,704$11,207,562$10,878,227$12,176,898
71$13,609,105$11,733,321$11,219,237$12,916,677
72$14,973,085$12,284,106$11,570,933$13,712,092
73$16,475,431$12,861,118$11,933,650$14,567,997
74$18,130,231$13,465,619$12,307,734$15,489,705
75$19,953,012$14,098,931$12,693,540$16,483,034
76$21,960,881$14,762,441$13,091,436$17,554,359
77$24,172,692$15,457,602$13,501,800$18,710,661
78$26,609,219$16,185,937$13,925,023$19,959,592
79$29,293,356$16,949,044$14,361,507$21,309,543
80$32,250,329$17,748,599$14,811,669$22,769,712
81$35,507,939$18,586,356$15,275,937$24,350,185
82$39,096,820$19,464,159$15,754,751$26,062,032
83$43,050,729$20,383,936$16,248,569$27,917,394
84$47,406,867$21,347,713$16,757,860$29,929,597
85$52,206,228$22,357,610$17,283,108$32,113,269
86$57,493,985$23,415,855$17,824,814$34,484,471
87$63,319,918$24,524,779$18,383,492$37,060,836
88$69,738,886$25,686,829$18,959,675$39,861,732
89$76,811,339$26,904,571$19,553,911$42,908,433
90$84,603,894$28,180,693$20,166,765$46,224,311
91$93,189,959$29,518,015$20,798,820$49,835,046
92$102,650,432$30,919,495$21,450,678$53,768,861
93$113,074,459$32,388,233$22,122,959$58,056,771
94$124,560,278$33,927,480$22,816,302$62,732,872
95$137,216,145$35,540,646$23,531,367$67,834,647
96$151,161,359$37,231,304$24,268,834$73,403,307
97$166,527,383$39,003,203$25,029,405$79,484,169
98$183,459,089$40,860,274$25,813,804$86,127,068
99$202,116,126$42,806,637$26,622,776$93,386,817
100$222,674,423$44,846,615$27,457,091$101,323,704