Can I retire at age 69 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$995,508
2 years$531,449$521,552$511,959$502,659$493,637$452,710
3 years$350,780$340,840$331,272$322,058$313,184$273,747
4 years$260,463$250,553$241,081$232,025$223,365$185,719
5 years$206,287$196,437$187,089$178,217$169,799$134,039
6 years$170,182$160,405$151,195$142,522$134,356$100,506
7 years$144,402$134,708$125,644$117,175$109,267$77,315
8 years$125,077$115,470$106,556$98,295$90,648$60,560
9 years$110,053$100,537$91,777$83,726$76,339$48,070
10 years$98,042$88,619$80,013$72,172$65,044$38,540
11 years$88,220$78,892$70,442$62,812$55,940$31,138
12 years$80,042$70,809$62,516$55,094$48,477$25,309
13 years$73,127$63,991$55,854$48,640$42,273$20,671
14 years$67,205$58,166$50,185$43,177$37,056$16,946
15 years$62,077$53,136$45,310$38,506$32,627$13,936
16 years$57,595$48,751$41,080$34,478$28,836$11,489
17 years$53,644$44,898$37,381$30,978$25,568$9,491
18 years$50,136$41,488$34,124$27,918$22,734$7,853
19 years$47,001$38,450$31,239$25,226$20,263$6,507
20 years$44,183$35,730$28,670$22,847$18,099$5,397
21 years$41,637$33,281$26,371$20,735$16,197$4,481
22 years$39,325$31,067$24,305$18,853$14,518$3,724
23 years$37,217$29,056$22,441$17,170$13,032$3,096
24 years$35,288$27,224$20,754$15,660$11,714$2,575
25 years$33,516$25,548$19,223$14,302$10,541$2,143
26 years$31,883$24,011$17,828$13,077$9,495$1,784
27 years$30,373$22,597$16,555$11,969$8,560$1,486
28 years$28,974$21,293$15,390$10,966$7,724$1,238
29 years$27,674$20,088$14,322$10,056$6,975$1,031
30 years$26,462$18,971$13,340$9,229$6,302$859
31 years$25,331$17,934$12,436$8,476$5,698$716
32 years$24,273$16,969$11,603$7,790$5,154$597
33 years$23,281$16,070$10,834$7,164$4,664$498
34 years$22,349$15,230$10,123$6,591$4,223$415
35 years$21,473$14,446$9,464$6,067$3,825$346
36 years$20,647$13,711$8,853$5,588$3,466$288
37 years$19,868$13,022$8,287$5,149$3,141$241
38 years$19,131$12,376$7,760$4,746$2,848$201
39 years$18,434$11,768$7,270$4,376$2,582$167
40 years$17,773$11,197$6,815$4,036$2,342$139
41 years$17,146$10,658$6,390$3,724$2,125$116
42 years$16,551$10,150$5,994$3,436$1,928$97
43 years$15,985$9,671$5,624$3,172$1,750$81
44 years$15,446$9,219$5,280$2,929$1,588$67
45 years$14,932$8,791$4,957$2,705$1,442$56
46 years$14,443$8,386$4,656$2,499$1,309$47
47 years$13,975$8,003$4,374$2,309$1,189$39
48 years$13,528$7,640$4,111$2,133$1,080$33
49 years$13,101$7,296$3,864$1,971$981$27
50 years$12,693$6,969$3,632$1,822$891$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,000,000, adding $4,248 every year, while hoping to spend $54,330 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: 68/21/11 Blend
68$13,000,000$13,000,000$13,000,000$13,000,000
69$14,330,382$13,641,382$13,439,882$15,271,223
70$15,734,274$14,252,003$13,832,311$16,507,553
71$17,279,542$14,890,723$14,236,066$17,852,272
72$18,980,550$15,558,863$14,651,468$19,321,505
73$20,853,123$16,257,804$15,078,849$20,927,454
74$22,914,699$16,988,994$15,518,549$22,683,545
75$25,184,495$17,753,952$15,970,917$24,604,551
76$27,683,684$18,554,266$16,436,313$26,706,730
77$30,435,597$19,391,602$16,915,107$29,007,975
78$33,465,943$20,267,706$17,407,678$31,527,978
79$36,803,050$21,184,404$17,914,416$34,288,415
80$40,478,135$22,143,614$18,435,723$37,313,146
81$44,525,596$23,147,342$18,972,010$40,628,437
82$48,983,336$24,197,691$19,523,702$44,263,203
83$53,893,124$25,296,865$20,091,234$48,249,279
84$59,300,985$26,447,174$20,675,052$52,621,714
85$65,257,637$27,651,037$21,275,618$57,419,100
86$71,818,968$28,910,990$21,893,403$62,683,928
87$79,046,564$30,229,690$22,528,894$68,462,991
88$87,008,290$31,609,921$23,182,588$74,807,813
89$95,778,929$33,054,601$23,854,998$81,775,136
90$105,440,891$34,566,787$24,546,652$89,427,447
91$116,084,987$36,149,685$25,258,090$97,833,566
92$127,811,289$37,806,653$25,989,869$107,069,284
93$140,730,071$39,541,209$26,742,560$117,218,078
94$154,962,852$41,357,042$27,516,750$128,371,888
95$170,643,544$43,258,019$28,313,042$140,631,983
96$187,919,713$45,248,189$29,132,056$154,109,907
97$206,953,973$47,331,799$29,974,429$168,928,523
98$227,925,520$49,513,299$30,840,814$185,223,170
99$251,031,825$51,797,354$31,731,884$203,142,929
100$276,490,498$54,188,850$32,648,329$222,852,022