Can I retire at age 69 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$916,628$908,463$900,497$892,722$885,130$868,324
2 years$453,776$445,325$437,134$429,193$421,490$404,624
3 years$299,512$291,025$282,855$274,988$267,411$251,010
4 years$222,396$213,934$205,846$198,114$190,720$174,911
5 years$176,138$167,727$159,745$152,170$144,982$129,810
6 years$145,309$136,962$129,098$121,692$114,719$100,201
7 years$123,297$115,020$107,281$100,049$93,298$79,437
8 years$106,796$98,593$90,983$83,929$77,399$64,192
9 years$93,968$85,843$78,363$71,489$65,181$52,620
10 years$83,712$75,667$68,319$61,624$55,538$43,610
11 years$75,327$67,362$60,147$53,631$47,764$36,456
12 years$68,343$60,460$53,379$47,042$41,392$30,688
13 years$62,439$54,638$47,690$41,531$36,094$25,977
14 years$57,383$49,665$42,850$36,867$31,640$22,091
15 years$53,004$45,370$38,688$32,879$27,858$18,858
16 years$49,177$41,626$35,076$29,439$24,621$16,149
17 years$45,804$38,336$31,918$26,451$21,831$13,867
18 years$42,808$35,424$29,137$23,838$19,411$11,934
19 years$40,132$32,831$26,673$21,539$17,302$10,290
20 years$37,725$30,508$24,480$19,508$15,454$8,887
21 years$35,551$28,417$22,517$17,705$13,830$7,686
22 years$33,577$26,526$20,752$16,098$12,396$6,656
23 years$31,778$24,809$19,161$14,660$11,128$5,769
24 years$30,131$23,245$17,721$13,371$10,002$5,005
25 years$28,618$21,814$16,413$12,211$9,000$4,346
26 years$27,223$20,502$15,222$11,165$8,107$3,776
27 years$25,934$19,294$14,135$10,220$7,309$3,282
28 years$24,739$18,181$13,141$9,364$6,595$2,855
29 years$23,629$17,152$12,228$8,587$5,955$2,484
30 years$22,595$16,198$11,390$7,880$5,381$2,162
31 years$21,629$15,312$10,619$7,238$4,865$1,882
32 years$20,726$14,489$9,908$6,652$4,401$1,639
33 years$19,878$13,721$9,251$6,117$3,983$1,428
34 years$19,083$13,004$8,643$5,628$3,606$1,245
35 years$18,335$12,334$8,081$5,181$3,266$1,085
36 years$17,629$11,707$7,560$4,771$2,959$945
37 years$16,964$11,119$7,076$4,396$2,682$824
38 years$16,335$10,567$6,626$4,052$2,431$719
39 years$15,740$10,048$6,208$3,736$2,205$627
40 years$15,175$9,560$5,819$3,446$2,000$546
41 years$14,640$9,100$5,456$3,179$1,814$477
42 years$14,132$8,667$5,118$2,934$1,646$416
43 years$13,649$8,258$4,802$2,709$1,494$363
44 years$13,188$7,871$4,508$2,501$1,356$316
45 years$12,750$7,506$4,233$2,310$1,231$276
46 years$12,332$7,161$3,976$2,134$1,118$241
47 years$11,933$6,833$3,735$1,971$1,015$210
48 years$11,551$6,523$3,510$1,821$922$183
49 years$11,186$6,229$3,299$1,683$837$160
50 years$10,837$5,951$3,102$1,556$760$139

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $11,100,000, adding $6,255 every year, while hoping to spend $54,827 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: 43/32/25 Blend
68$11,100,000$11,100,000$11,100,000$11,100,000
69$12,238,652$11,650,352$11,478,302$12,675,466
70$13,428,659$12,162,884$11,804,490$13,500,088
71$14,738,209$12,698,692$12,139,767$14,387,244
72$16,179,438$13,258,859$12,484,381$15,347,390
73$17,765,717$13,844,520$12,838,584$16,387,308
74$19,511,780$14,456,861$13,202,636$17,514,447
75$21,433,861$15,097,126$13,576,803$18,736,986
76$23,549,848$15,766,619$13,961,360$20,063,908
77$25,879,452$16,466,703$14,356,586$21,505,086
78$28,444,394$17,198,809$14,762,768$23,071,364
79$31,268,604$17,964,433$15,180,203$24,774,664
80$34,378,454$18,765,142$15,609,192$26,628,085
81$37,803,003$19,602,581$16,050,047$28,646,029
82$41,574,272$20,478,470$16,503,086$30,844,330
83$45,727,544$21,394,612$16,968,636$33,240,398
84$50,301,699$22,352,894$17,447,031$35,853,375
85$55,339,582$23,355,295$17,938,616$38,704,318
86$60,888,403$24,403,888$18,443,743$41,816,385
87$67,000,185$25,500,843$18,962,774$45,215,050
88$73,732,256$26,648,437$19,496,079$48,928,337
89$81,147,787$27,849,051$20,044,038$52,987,080
90$89,316,389$29,105,182$20,607,041$57,425,203
91$98,314,772$30,419,447$21,185,488$62,280,037
92$108,227,465$31,794,587$21,779,789$67,592,665
93$119,147,618$33,233,473$22,390,363$73,408,298
94$131,177,876$34,739,114$23,017,641$79,776,697
95$144,431,352$36,314,663$23,662,065$86,752,635
96$159,032,693$37,963,425$24,324,087$94,396,404
97$175,119,255$39,688,860$25,004,171$102,774,372
98$192,842,401$41,494,596$25,702,793$111,959,607
99$212,368,929$43,384,434$26,420,439$122,032,547
100$233,882,645$45,362,357$27,157,610$133,081,759