Can I retire at age 69 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$957,917$949,385$941,060$932,934$925,000$896,827
2 years$474,216$465,385$456,825$448,526$440,476$412,334
3 years$313,004$304,134$295,596$287,375$279,456$252,228
4 years$232,413$223,571$215,118$207,038$199,311$173,204
5 years$184,072$175,282$166,941$159,025$151,513$126,599
6 years$151,855$143,131$134,913$127,173$119,887$96,188
7 years$128,851$120,201$112,113$104,556$97,500$75,015
8 years$111,607$103,035$95,081$87,710$80,886$59,600
9 years$98,201$89,710$81,893$74,709$68,118$48,008
10 years$87,483$79,075$71,396$64,400$58,040$39,077
11 years$78,720$70,396$62,856$56,047$49,916$32,068
12 years$71,422$63,184$55,783$49,161$43,256$26,486
13 years$65,252$57,100$49,839$43,402$37,720$21,989
14 years$59,968$51,902$44,780$38,527$33,065$18,331
15 years$55,392$47,413$40,431$34,360$29,113$15,334
16 years$51,392$43,501$36,656$30,765$25,730$12,863
17 years$47,867$40,063$33,356$27,642$22,814$10,815
18 years$44,737$37,020$30,449$24,911$20,285$9,111
19 years$41,939$34,309$27,875$22,509$18,081$7,688
20 years$39,425$31,882$25,582$20,387$16,150$6,495
21 years$37,153$29,697$23,531$18,502$14,453$5,494
22 years$35,090$27,721$21,687$16,823$12,955$4,652
23 years$33,209$25,927$20,024$15,321$11,629$3,941
24 years$31,488$24,292$18,519$13,973$10,452$3,342
25 years$29,907$22,797$17,152$12,761$9,405$2,835
26 years$28,449$21,425$15,908$11,668$8,472$2,406
27 years$27,102$20,164$14,772$10,680$7,638$2,043
28 years$25,854$19,000$13,732$9,785$6,892$1,736
29 years$24,694$17,924$12,779$8,973$6,223$1,475
30 years$23,613$16,928$11,903$8,235$5,623$1,253
31 years$22,603$16,002$11,097$7,564$5,084$1,065
32 years$21,659$15,141$10,354$6,951$4,599$906
33 years$20,774$14,339$9,667$6,392$4,162$770
34 years$19,943$13,590$9,033$5,881$3,768$655
35 years$19,160$12,890$8,445$5,414$3,413$557
36 years$18,423$12,235$7,900$4,986$3,092$474
37 years$17,728$11,620$7,394$4,594$2,803$403
38 years$17,071$11,043$6,924$4,235$2,541$343
39 years$16,449$10,501$6,487$3,904$2,304$292
40 years$15,859$9,991$6,081$3,601$2,090$248
41 years$15,300$9,510$5,702$3,323$1,896$211
42 years$14,768$9,057$5,348$3,066$1,720$180
43 years$14,263$8,630$5,019$2,831$1,561$153
44 years$13,782$8,226$4,711$2,614$1,417$130
45 years$13,324$7,844$4,423$2,414$1,287$111
46 years$12,887$7,483$4,155$2,230$1,168$94
47 years$12,470$7,141$3,903$2,060$1,061$80
48 years$12,072$6,817$3,668$1,903$963$68
49 years$11,690$6,510$3,448$1,759$875$58
50 years$11,326$6,219$3,241$1,626$795$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $11,600,000, adding $4,281 every year, while hoping to spend $21,773 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: 66/22/12 Blend
68$11,600,000$11,600,000$11,600,000$11,600,000
69$12,787,616$12,172,816$11,993,016$13,596,942
70$14,068,786$12,746,118$12,371,616$14,710,289
71$15,479,907$13,346,781$12,762,169$15,923,742
72$17,034,208$13,976,125$13,165,053$17,249,484
73$18,746,272$14,635,530$13,580,657$18,698,487
74$20,632,166$15,326,445$14,009,382$20,282,821
75$22,709,595$16,050,388$14,451,645$22,015,765
76$24,998,069$16,808,953$14,907,870$23,911,931
77$27,519,089$17,603,808$15,378,501$25,987,396
78$30,296,346$18,436,705$15,863,990$28,259,851
79$33,355,948$19,309,478$16,364,809$30,748,768
80$36,726,664$20,224,052$16,881,440$33,475,575
81$40,440,199$21,182,446$17,414,383$36,463,858
82$44,531,488$22,186,774$17,964,153$39,739,580
83$49,039,029$23,239,256$18,531,282$43,331,319
84$54,005,248$24,342,217$19,116,318$47,270,536
85$59,476,894$25,498,097$19,719,826$51,591,868
86$65,505,487$26,709,453$20,342,389$56,333,446
87$72,147,797$27,978,967$20,984,610$61,537,256
88$79,466,387$29,309,450$21,647,108$67,249,526
89$87,530,197$30,703,852$22,330,525$73,521,159
90$96,415,200$32,165,264$23,035,521$80,408,206
91$106,205,117$33,696,929$23,762,778$87,972,392
92$116,992,206$35,302,245$24,512,998$96,281,689
93$128,878,134$36,984,778$25,286,906$105,410,956
94$141,974,938$38,748,266$26,085,251$115,442,634
95$156,406,079$40,596,629$26,908,805$126,467,520
96$172,307,612$42,533,977$27,758,363$138,585,617
97$189,829,468$44,564,620$28,634,747$151,907,068
98$209,136,866$46,693,080$29,538,804$166,553,191
99$230,411,880$48,924,095$30,471,408$182,657,612
100$253,855,152$51,262,635$31,433,460$200,367,522