Can I retire at age 69 with 12,500,000?

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 $12,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,032,238$1,023,044$1,014,073$1,005,317$996,768$973,462
2 years$511,009$501,492$492,268$483,326$474,651$451,304
3 years$337,289$327,731$318,530$309,671$301,138$278,478
4 years$250,446$240,917$231,808$223,101$214,774$192,976
5 years$198,353$188,882$179,893$171,363$163,268$142,393
6 years$163,636$154,236$145,380$137,040$129,188$109,258
7 years$138,848$129,527$120,812$112,668$105,065$86,082
8 years$120,266$111,029$102,458$94,515$87,161$69,118
9 years$105,820$96,670$88,247$80,506$73,402$56,285
10 years$94,271$85,210$76,936$69,397$62,543$46,332
11 years$84,827$75,858$67,733$60,396$53,789$38,463
12 years$76,963$68,086$60,111$52,975$46,612$32,146
13 years$70,314$61,530$53,705$46,769$40,647$27,013
14 years$64,620$55,929$48,255$41,516$35,631$22,800
15 years$59,690$51,092$43,567$37,025$31,372$19,315
16 years$55,380$46,876$39,500$33,152$27,727$16,413
17 years$51,581$43,171$35,944$29,787$24,584$13,982
18 years$48,208$39,892$32,812$26,844$21,859$11,937
19 years$45,193$36,971$30,038$24,256$19,484$10,209
20 years$42,484$34,356$27,567$21,968$17,403$8,744
21 years$40,035$32,001$25,356$19,938$15,574$7,499
22 years$37,812$29,872$23,370$18,128$13,960$6,439
23 years$35,786$27,938$21,578$16,509$12,531$5,533
24 years$33,931$26,176$19,956$15,058$11,263$4,759
25 years$32,227$24,565$18,483$13,752$10,135$4,096
26 years$30,657$23,087$17,142$12,574$9,129$3,527
27 years$29,205$21,728$15,918$11,509$8,231$3,039
28 years$27,860$20,474$14,798$10,545$7,427$2,620
29 years$26,609$19,315$13,771$9,670$6,706$2,259
30 years$25,445$18,241$12,827$8,874$6,060$1,949
31 years$24,357$17,244$11,958$8,150$5,478$1,681
32 years$23,340$16,316$11,157$7,490$4,956$1,451
33 years$22,386$15,452$10,418$6,888$4,485$1,252
34 years$21,490$14,645$9,734$6,338$4,061$1,081
35 years$20,647$13,890$9,100$5,834$3,678$934
36 years$19,853$13,184$8,513$5,373$3,332$806
37 years$19,103$12,522$7,968$4,951$3,020$696
38 years$18,395$11,900$7,462$4,563$2,738$602
39 years$17,725$11,316$6,991$4,207$2,483$520
40 years$17,089$10,766$6,552$3,881$2,252$449
41 years$16,487$10,248$6,144$3,580$2,043$388
42 years$15,914$9,760$5,763$3,304$1,854$335
43 years$15,370$9,299$5,408$3,050$1,683$290
44 years$14,852$8,864$5,077$2,816$1,527$250
45 years$14,358$8,453$4,767$2,601$1,387$216
46 years$13,887$8,064$4,477$2,403$1,259$187
47 years$13,438$7,695$4,206$2,220$1,143$161
48 years$13,008$7,346$3,953$2,051$1,038$140
49 years$12,597$7,015$3,715$1,896$943$121
50 years$12,204$6,701$3,493$1,752$856$104

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $12,500,000, adding $2,383 every year, while hoping to spend $35,333 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: 46/44/10 Blend
68$12,500,000$12,500,000$12,500,000$12,500,000
69$13,777,458$13,114,958$12,921,208$14,372,639
70$15,145,165$13,719,997$13,316,474$15,388,947
71$16,651,193$14,353,499$13,723,798$16,486,964
72$18,309,615$15,016,820$14,143,546$17,677,282
73$20,135,936$15,711,385$14,576,095$18,968,459
74$22,147,242$16,438,683$15,021,834$20,369,882
75$24,362,361$17,200,278$15,481,166$21,891,860
76$26,802,039$17,997,809$15,954,502$23,545,709
77$29,489,138$18,832,993$16,442,268$25,343,853
78$32,448,849$19,707,629$16,944,904$27,299,940
79$35,708,933$20,623,604$17,462,860$29,428,959
80$39,299,980$21,582,897$17,996,602$31,747,379
81$43,255,700$22,587,580$18,546,609$34,273,293
82$47,613,237$23,639,827$19,113,376$37,026,586
83$52,413,524$24,741,916$19,697,412$40,029,111
84$57,701,669$25,896,235$20,299,240$43,304,892
85$63,527,377$27,105,288$20,919,402$46,880,334
86$69,945,420$28,371,698$21,558,453$50,784,475
87$77,016,160$29,698,218$22,216,968$55,049,240
88$84,806,108$31,087,731$22,895,536$59,709,738
89$93,388,561$32,543,260$23,594,767$64,804,584
90$102,844,290$34,067,975$24,315,288$70,376,249
91$113,262,302$35,665,200$25,057,744$76,471,453
92$124,740,679$37,338,417$25,822,800$83,141,594
93$137,387,508$39,091,279$26,611,144$90,443,219
94$151,321,896$40,927,615$27,423,480$98,438,547
95$166,675,100$42,851,438$28,260,537$107,196,041
96$183,591,759$44,866,957$29,123,063$116,791,044
97$202,231,264$46,978,584$30,011,832$127,306,469
98$222,769,264$49,190,945$30,927,639$138,833,575
99$245,399,317$51,508,890$31,871,303$151,472,802
100$270,334,725$53,937,503$32,843,669$165,334,713