Can I retire at age 69 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,043,303
2 years$551,890$541,611$531,650$521,992$512,623$479,459
3 years$364,272$353,949$344,013$334,445$325,229$293,147
4 years$270,481$260,190$250,353$240,949$231,956$201,202
5 years$214,222$203,992$194,284$185,072$176,329$146,986
6 years$176,727$166,575$157,011$148,003$139,524$111,616
7 years$149,956$139,889$130,477$121,682$113,470$86,997
8 years$129,887$119,911$110,654$102,076$94,134$69,079
9 years$114,286$104,404$95,307$86,946$79,275$55,610
10 years$101,812$92,027$83,091$74,948$67,546$45,237
11 years$91,613$81,926$73,152$65,227$58,092$37,099
12 years$83,120$73,533$64,920$57,213$50,341$30,621
13 years$75,940$66,452$58,002$50,511$43,898$25,404
14 years$69,790$60,403$52,115$44,838$38,481$21,164
15 years$64,465$55,179$47,053$39,987$33,882$17,691
16 years$59,810$50,626$42,660$35,804$29,945$14,830
17 years$55,707$46,625$38,819$32,170$26,551$12,460
18 years$52,064$43,083$35,437$28,992$23,608$10,489
19 years$48,809$39,929$32,441$26,196$21,042$8,843
20 years$45,882$37,104$29,772$23,726$18,795$7,466
21 years$43,238$34,561$27,385$21,533$16,820$6,310
22 years$40,837$32,261$25,239$19,578$15,077$5,338
23 years$38,649$30,173$23,304$17,830$13,534$4,520
24 years$36,645$28,271$21,552$16,262$12,164$3,829
25 years$34,805$26,531$19,962$14,852$10,946$3,246
26 years$33,109$24,934$18,514$13,580$9,860$2,753
27 years$31,542$23,466$17,192$12,430$8,889$2,336
28 years$30,089$22,112$15,982$11,388$8,021$1,982
29 years$28,738$20,860$14,872$10,443$7,243$1,683
30 years$27,480$19,700$13,853$9,584$6,544$1,429
31 years$26,306$18,623$12,915$8,802$5,917$1,214
32 years$25,207$17,621$12,050$8,090$5,352$1,031
33 years$24,177$16,688$11,251$7,439$4,844$876
34 years$23,209$15,816$10,512$6,845$4,385$744
35 years$22,299$15,001$9,828$6,301$3,972$633
36 years$21,441$14,239$9,194$5,803$3,599$538
37 years$20,632$13,523$8,605$5,347$3,262$457
38 years$19,867$12,852$8,059$4,928$2,957$388
39 years$19,143$12,221$7,550$4,544$2,682$330
40 years$18,457$11,627$7,077$4,191$2,432$281
41 years$17,806$11,068$6,636$3,867$2,207$239
42 years$17,187$10,541$6,224$3,569$2,002$203
43 years$16,600$10,043$5,841$3,294$1,817$173
44 years$16,040$9,573$5,483$3,042$1,649$147
45 years$15,507$9,129$5,148$2,809$1,497$125
46 years$14,998$8,709$4,835$2,595$1,360$106
47 years$14,513$8,311$4,543$2,397$1,235$90
48 years$14,049$7,934$4,269$2,215$1,121$77
49 years$13,605$7,576$4,012$2,047$1,018$65
50 years$13,181$7,237$3,772$1,892$925$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,500,000, adding $6,451 every year, while hoping to spend $49,756 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: 39/44/17 Blend
68$13,500,000$13,500,000$13,500,000$13,500,000
69$14,883,654$14,168,154$13,958,904$15,388,214
70$16,348,847$14,809,454$14,373,587$16,390,775
71$17,961,822$15,480,509$14,800,495$17,468,849
72$19,737,600$16,182,727$15,239,984$18,633,490
73$21,692,733$16,917,578$15,692,421$19,892,555
74$23,845,459$17,686,607$16,158,185$21,254,662
75$26,215,876$18,491,431$16,637,664$22,729,263
76$28,826,128$19,333,743$17,131,258$24,326,727
77$31,700,617$20,215,321$17,639,379$26,058,435
78$34,866,232$21,138,023$18,162,451$27,936,875
79$38,352,602$22,103,801$18,700,907$29,975,759
80$42,192,377$23,114,697$19,255,198$32,190,141
81$46,421,536$24,172,854$19,825,783$34,596,553
82$51,079,723$25,280,514$20,413,137$37,213,153
83$56,210,626$26,440,030$21,017,749$40,059,888
84$61,862,385$27,653,867$21,640,118$43,158,674
85$68,088,050$28,924,608$22,280,763$46,533,594
86$74,946,076$30,254,959$22,940,215$50,211,114
87$82,500,883$31,647,759$23,619,018$54,220,325
88$90,823,454$33,105,980$24,317,737$58,593,207
89$99,992,013$34,632,740$25,036,948$63,364,919
90$110,092,759$36,231,305$25,777,246$68,574,119
91$121,220,680$37,905,098$26,539,244$74,263,320
92$133,480,451$39,657,710$27,323,570$80,479,276
93$146,987,419$41,492,899$28,130,871$87,273,411
94$161,868,694$43,414,610$28,961,814$94,702,292
95$178,264,350$45,426,975$29,817,084$102,828,145
96$196,328,741$47,534,324$30,697,383$111,719,434
97$216,231,965$49,741,198$31,603,438$121,451,486
98$238,161,465$52,052,357$32,535,993$132,107,189
99$262,323,800$54,472,788$33,495,815$143,777,754
100$288,946,595$57,007,721$34,483,691$156,563,562