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

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 $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%14.7%
1 years$916,628$908,463$900,497$892,722$885,130$867,968
2 years$453,776$445,325$437,134$429,193$421,490$404,270
3 years$299,512$291,025$282,855$274,988$267,411$250,669
4 years$222,396$213,934$205,846$198,114$190,720$174,585
5 years$176,138$167,727$159,745$152,170$144,982$129,500
6 years$145,309$136,962$129,098$121,692$114,719$99,908
7 years$123,297$115,020$107,281$100,049$93,298$79,160
8 years$106,796$98,593$90,983$83,929$77,399$63,931
9 years$93,968$85,843$78,363$71,489$65,181$52,374
10 years$83,712$75,667$68,319$61,624$55,538$43,380
11 years$75,327$67,362$60,147$53,631$47,764$36,241
12 years$68,343$60,460$53,379$47,042$41,392$30,487
13 years$62,439$54,638$47,690$41,531$36,094$25,790
14 years$57,383$49,665$42,850$36,867$31,640$21,917
15 years$53,004$45,370$38,688$32,879$27,858$18,696
16 years$49,177$41,626$35,076$29,439$24,621$16,000
17 years$45,804$38,336$31,918$26,451$21,831$13,729
18 years$42,808$35,424$29,137$23,838$19,411$11,806
19 years$40,132$32,831$26,673$21,539$17,302$10,173
20 years$37,725$30,508$24,480$19,508$15,454$8,779
21 years$35,551$28,417$22,517$17,705$13,830$7,587
22 years$33,577$26,526$20,752$16,098$12,396$6,565
23 years$31,778$24,809$19,161$14,660$11,128$5,686
24 years$30,131$23,245$17,721$13,371$10,002$4,929
25 years$28,618$21,814$16,413$12,211$9,000$4,276
26 years$27,223$20,502$15,222$11,165$8,107$3,712
27 years$25,934$19,294$14,135$10,220$7,309$3,224
28 years$24,739$18,181$13,141$9,364$6,595$2,802
29 years$23,629$17,152$12,228$8,587$5,955$2,436
30 years$22,595$16,198$11,390$7,880$5,381$2,119
31 years$21,629$15,312$10,619$7,238$4,865$1,843
32 years$20,726$14,489$9,908$6,652$4,401$1,604
33 years$19,878$13,721$9,251$6,117$3,983$1,396
34 years$19,083$13,004$8,643$5,628$3,606$1,216
35 years$18,335$12,334$8,081$5,181$3,266$1,058
36 years$17,629$11,707$7,560$4,771$2,959$922
37 years$16,964$11,119$7,076$4,396$2,682$803
38 years$16,335$10,567$6,626$4,052$2,431$699
39 years$15,740$10,048$6,208$3,736$2,205$609
40 years$15,175$9,560$5,819$3,446$2,000$531
41 years$14,640$9,100$5,456$3,179$1,814$463
42 years$14,132$8,667$5,118$2,934$1,646$403
43 years$13,649$8,258$4,802$2,709$1,494$351
44 years$13,188$7,871$4,508$2,501$1,356$306
45 years$12,750$7,506$4,233$2,310$1,231$267
46 years$12,332$7,161$3,976$2,134$1,118$233
47 years$11,933$6,833$3,735$1,971$1,015$203
48 years$11,551$6,523$3,510$1,821$922$177
49 years$11,186$6,229$3,299$1,683$837$154
50 years$10,837$5,951$3,102$1,556$760$134

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 $3,334 every year, while hoping to spend $52,984 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: 77/12/11 Blend
68$11,100,000$11,100,000$11,100,000$11,100,000
69$12,235,639$11,647,339$11,475,289$13,152,861
70$13,427,300$12,161,684$11,803,337$14,271,343
71$14,738,734$12,699,456$12,140,598$15,490,340
72$16,182,103$13,261,747$12,487,326$16,825,456
73$17,770,806$13,849,702$12,843,780$18,288,236
74$19,519,607$14,464,516$13,210,226$19,891,388
75$21,444,776$15,107,447$13,586,938$21,648,907
76$23,564,239$15,779,807$13,974,196$23,576,201
77$25,897,748$16,482,974$14,372,288$25,690,236
78$28,467,068$17,218,390$14,781,509$28,009,699
79$31,296,183$17,987,566$15,202,164$30,555,162
80$34,411,521$18,792,083$15,634,564$33,349,288
81$37,842,201$19,633,600$16,079,027$36,417,029
82$41,620,313$20,513,854$16,535,881$39,785,872
83$45,781,216$21,434,664$17,005,464$43,486,088
84$50,363,873$22,397,936$17,488,121$47,551,018
85$55,411,220$23,405,667$17,984,205$52,017,386
86$60,970,569$24,459,949$18,494,080$56,925,643
87$67,094,055$25,562,974$19,018,119$62,320,346
88$73,839,127$26,717,038$19,556,705$68,250,578
89$81,269,094$27,924,548$20,110,230$74,770,404
90$89,453,715$29,188,026$20,679,097$81,939,383
91$98,469,867$30,510,111$21,263,719$89,823,126
92$108,402,259$31,893,573$21,864,520$98,493,911
93$119,344,243$33,341,311$22,481,934$108,031,363
94$131,398,684$34,856,364$23,116,408$118,523,203
95$144,678,941$36,441,917$23,768,398$130,066,072
96$159,309,928$38,101,305$24,438,375$142,766,440
97$175,429,298$39,838,027$25,126,818$156,741,605
98$193,188,741$41,655,745$25,834,221$172,120,800
99$212,755,416$43,558,300$26,561,091$189,046,406
100$234,313,526$45,549,714$27,307,945$207,675,295