Can I retire at age 69 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,008,351
2 years$535,538$525,564$515,897$506,525$497,434$461,277
3 years$353,479$343,462$333,820$324,536$315,593$280,675
4 years$262,467$252,481$242,935$233,810$225,083$191,672
5 years$207,874$197,948$188,528$179,588$171,105$139,288
6 years$171,491$161,639$152,358$143,618$135,389$105,192
7 years$145,513$135,744$126,611$118,076$110,108$81,524
8 years$126,039$116,358$107,376$99,051$91,345$64,352
9 years$110,900$101,311$92,483$84,370$76,926$51,489
10 years$98,796$89,300$80,629$72,728$65,545$41,622
11 years$88,899$79,499$70,984$63,295$56,371$33,914
12 years$80,658$71,354$62,997$55,518$48,850$27,807
13 years$73,689$64,483$56,283$49,014$42,598$22,913
14 years$67,722$58,613$50,571$43,509$37,341$18,956
15 years$62,555$53,544$45,659$38,803$32,878$15,734
16 years$58,038$49,126$41,396$34,744$29,058$13,094
17 years$54,057$45,243$37,669$31,217$25,764$10,921
18 years$50,522$41,807$34,387$28,133$22,909$9,125
19 years$47,362$38,746$31,480$25,420$20,419$7,636
20 years$44,523$36,005$28,890$23,023$18,239$6,397
21 years$41,957$33,537$26,574$20,895$16,321$5,365
22 years$39,627$31,305$24,492$18,998$14,630$4,504
23 years$37,503$29,279$22,614$17,302$13,133$3,783
24 years$35,559$27,433$20,914$15,780$11,804$3,180
25 years$33,774$25,744$19,370$14,412$10,622$2,674
26 years$32,128$24,196$17,965$13,177$9,568$2,250
27 years$30,607$22,771$16,682$12,061$8,626$1,893
28 years$29,197$21,457$15,508$11,051$7,783$1,594
29 years$27,887$20,242$14,432$10,134$7,028$1,342
30 years$26,666$19,117$13,443$9,300$6,350$1,130
31 years$25,526$18,071$12,532$8,542$5,741$952
32 years$24,460$17,099$11,693$7,850$5,194$802
33 years$23,460$16,193$10,918$7,219$4,700$676
34 years$22,521$15,348$10,201$6,642$4,255$570
35 years$21,638$14,557$9,537$6,114$3,854$480
36 years$20,806$13,817$8,922$5,631$3,492$405
37 years$20,020$13,123$8,350$5,188$3,165$341
38 years$19,278$12,471$7,820$4,782$2,869$287
39 years$18,575$11,859$7,326$4,409$2,602$242
40 years$17,910$11,283$6,867$4,067$2,360$204
41 years$17,278$10,740$6,439$3,752$2,141$172
42 years$16,678$10,229$6,040$3,463$1,943$145
43 years$16,108$9,746$5,668$3,197$1,763$122
44 years$15,565$9,290$5,320$2,952$1,601$103
45 years$15,047$8,859$4,995$2,726$1,453$87
46 years$14,554$8,451$4,692$2,518$1,319$73
47 years$14,083$8,065$4,408$2,326$1,198$62
48 years$13,632$7,699$4,142$2,150$1,088$52
49 years$13,202$7,352$3,893$1,987$988$44
50 years$12,790$7,023$3,660$1,836$898$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,100,000, adding $2,578 every year, while hoping to spend $44,510 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: 43/36/21 Blend
68$13,100,000$13,100,000$13,100,000$13,100,000
69$14,438,859$13,744,559$13,541,509$14,971,292
70$15,864,265$14,370,684$13,947,791$15,974,790
71$17,433,569$15,025,998$14,366,192$17,056,804
72$19,161,405$15,711,883$14,797,071$18,228,194
73$21,063,892$16,429,789$15,240,797$19,497,230
74$23,158,795$17,181,235$15,697,750$20,872,984
75$25,465,690$17,967,814$16,168,323$22,365,419
76$28,006,147$18,791,192$16,652,917$23,985,474
77$30,803,933$19,653,120$17,151,949$25,745,161
78$33,885,239$20,555,428$17,665,845$27,657,677
79$37,278,927$21,500,037$18,195,044$29,737,519
80$41,016,799$22,488,961$18,739,999$32,000,613
81$45,133,900$23,524,307$19,301,176$34,464,465
82$49,668,846$24,608,287$19,879,055$37,148,313
83$54,664,193$25,743,217$20,474,128$40,073,303
84$60,166,833$26,931,527$21,086,903$43,262,684
85$66,228,439$28,175,761$21,717,903$46,742,016
86$72,905,953$29,478,587$22,367,666$50,539,406
87$80,262,124$30,842,801$23,036,747$54,685,765
88$88,366,096$32,271,334$23,725,713$59,215,087
89$97,294,067$33,767,258$24,435,154$64,164,768
90$107,130,001$35,333,793$25,165,671$69,575,943
91$117,966,427$36,974,315$25,917,886$75,493,865
92$129,905,307$38,692,361$26,692,440$81,968,327
93$143,059,001$40,491,639$27,489,990$89,054,115
94$157,551,328$42,376,038$28,311,213$96,811,516
95$173,518,732$44,349,633$29,156,807$105,306,877
96$191,111,571$46,416,694$30,027,489$114,613,215
97$210,495,540$48,581,700$30,923,998$124,810,898
98$231,853,226$50,849,344$31,847,093$135,988,385
99$255,385,842$53,224,548$32,797,557$148,243,050
100$281,315,117$55,712,471$33,776,195$161,682,085