Can I retire at age 69 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$875,338$867,541$859,934$852,509$845,259$819,186
2 years$433,336$425,265$417,444$409,860$402,504$376,464
3 years$286,021$277,916$270,114$262,601$255,365$230,175
4 years$212,378$204,297$196,574$189,189$182,129$157,981
5 years$168,204$160,172$152,549$145,316$138,451$115,411
6 years$138,764$130,792$123,282$116,210$109,552$87,639
7 years$117,743$109,839$102,448$95,543$89,095$68,309
8 years$101,985$94,152$86,884$80,148$73,913$54,240
9 years$89,736$81,977$74,833$68,269$62,245$43,664
10 years$79,942$72,258$65,241$58,848$53,036$35,519
11 years$71,933$64,327$57,438$51,216$45,613$29,130
12 years$65,265$57,737$50,974$44,923$39,527$24,043
13 years$59,627$52,177$45,542$39,660$34,468$19,947
14 years$54,798$47,428$40,920$35,206$30,215$16,618
15 years$50,617$43,326$36,945$31,398$26,603$13,891
16 years$46,962$39,751$33,496$28,113$23,512$11,644
17 years$43,741$36,609$30,480$25,259$20,848$9,783
18 years$40,880$33,828$27,824$22,764$18,537$8,235
19 years$38,324$31,352$25,472$20,569$16,522$6,944
20 years$36,026$29,134$23,377$18,629$14,758$5,862
21 years$33,950$27,137$21,502$16,907$13,207$4,955
22 years$32,065$25,331$19,818$15,373$11,838$4,192
23 years$30,346$23,692$18,298$14,000$10,626$3,549
24 years$28,773$22,198$16,923$12,769$9,551$3,007
25 years$27,328$20,831$15,674$11,661$8,595$2,549
26 years$25,997$19,578$14,537$10,662$7,742$2,162
27 years$24,766$18,425$13,499$9,760$6,980$1,834
28 years$23,625$17,362$12,549$8,942$6,298$1,557
29 years$22,565$16,379$11,678$8,200$5,687$1,321
30 years$21,577$15,468$10,877$7,525$5,139$1,122
31 years$20,655$14,623$10,141$6,912$4,646$953
32 years$19,792$13,836$9,461$6,352$4,202$810
33 years$18,983$13,103$8,834$5,841$3,803$688
34 years$18,223$12,419$8,254$5,374$3,443$585
35 years$17,509$11,779$7,717$4,947$3,119$497
36 years$16,835$11,180$7,219$4,556$2,826$422
37 years$16,200$10,618$6,757$4,198$2,561$359
38 years$15,599$10,091$6,328$3,869$2,322$305
39 years$15,031$9,596$5,928$3,568$2,106$259
40 years$14,492$9,130$5,556$3,291$1,910$220
41 years$13,981$8,690$5,210$3,036$1,733$187
42 years$13,495$8,277$4,887$2,802$1,572$159
43 years$13,034$7,886$4,586$2,587$1,427$135
44 years$12,594$7,517$4,305$2,388$1,295$115
45 years$12,176$7,168$4,042$2,206$1,176$98
46 years$11,776$6,838$3,796$2,037$1,068$83
47 years$11,395$6,526$3,567$1,882$969$71
48 years$11,031$6,230$3,352$1,739$880$60
49 years$10,683$5,949$3,150$1,607$800$51
50 years$10,349$5,683$2,962$1,486$726$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $10,600,000, adding $6,725 every year, while hoping to spend $42,387 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: 62/13/25 Blend
68$10,600,000$10,600,000$10,600,000$10,600,000
69$11,688,137$11,126,337$10,962,037$12,334,876
70$12,835,227$11,626,428$11,284,166$13,274,100
71$14,097,900$12,149,603$11,615,665$14,293,916
72$15,487,901$12,696,948$11,956,804$15,406,518
73$17,018,170$13,269,601$12,307,860$16,620,973
74$18,702,967$13,868,756$12,669,118$17,947,262
75$20,558,005$14,495,660$13,040,869$19,396,366
76$22,600,598$15,151,624$13,423,414$20,980,371
77$24,849,825$15,838,019$13,817,064$22,712,579
78$27,326,707$16,556,283$14,222,136$24,607,632
79$30,054,411$17,307,920$14,638,957$26,681,647
80$33,058,463$18,094,510$15,067,864$28,952,368
81$36,366,990$18,917,705$15,509,202$31,439,327
82$40,010,990$19,779,239$15,963,327$34,164,031
83$44,024,616$20,680,927$16,430,603$37,150,157
84$48,445,505$21,624,671$16,911,407$40,423,778
85$53,315,133$22,612,466$17,406,125$44,013,601
86$58,679,200$23,646,401$17,915,154$47,951,241
87$64,588,069$24,728,665$18,438,902$52,271,510
88$71,097,235$25,861,553$18,977,789$57,012,748
89$78,267,854$27,047,470$19,532,246$62,217,176
90$86,167,315$28,288,935$20,102,716$67,931,298
91$94,869,880$29,588,592$20,689,655$74,206,328
92$104,457,381$30,949,206$21,293,532$81,098,679
93$115,019,996$32,373,680$21,914,828$88,670,482
94$126,657,100$33,865,054$22,554,038$96,990,177
95$139,478,197$35,426,514$23,211,672$106,133,149
96$153,603,961$37,061,402$23,888,251$116,182,438
97$169,167,372$38,773,217$24,584,314$127,229,517
98$186,314,968$40,565,629$25,300,413$139,375,150
99$205,208,234$42,442,484$26,037,116$152,730,341
100$226,025,121$44,407,813$26,795,006$167,417,375