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

Use the below retirement simulation to view the chances of a successful retirement.
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%18%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,041,632
2 years$551,890$541,611$531,650$521,992$512,623$477,813
3 years$364,272$353,949$344,013$334,445$325,229$291,578
4 years$270,481$260,190$250,353$240,949$231,956$199,721
5 years$214,222$203,992$194,284$185,072$176,329$145,597
6 years$176,727$166,575$157,011$148,003$139,524$110,319
7 years$149,956$139,889$130,477$121,682$113,470$85,791
8 years$129,887$119,911$110,654$102,076$94,134$67,961
9 years$114,286$104,404$95,307$86,946$79,275$54,576
10 years$101,812$92,027$83,091$74,948$67,546$44,285
11 years$91,613$81,926$73,152$65,227$58,092$36,224
12 years$83,120$73,533$64,920$57,213$50,341$29,820
13 years$75,940$66,452$58,002$50,511$43,898$24,672
14 years$69,790$60,403$52,115$44,838$38,481$20,497
15 years$64,465$55,179$47,053$39,987$33,882$17,086
16 years$59,810$50,626$42,660$35,804$29,945$14,281
17 years$55,707$46,625$38,819$32,170$26,551$11,963
18 years$52,064$43,083$35,437$28,992$23,608$10,041
19 years$48,809$39,929$32,441$26,196$21,042$8,440
20 years$45,882$37,104$29,772$23,726$18,795$7,104
21 years$43,238$34,561$27,385$21,533$16,820$5,986
22 years$40,837$32,261$25,239$19,578$15,077$5,048
23 years$38,649$30,173$23,304$17,830$13,534$4,260
24 years$36,645$28,271$21,552$16,262$12,164$3,598
25 years$34,805$26,531$19,962$14,852$10,946$3,040
26 years$33,109$24,934$18,514$13,580$9,860$2,570
27 years$31,542$23,466$17,192$12,430$8,889$2,174
28 years$30,089$22,112$15,982$11,388$8,021$1,839
29 years$28,738$20,860$14,872$10,443$7,243$1,556
30 years$27,480$19,700$13,853$9,584$6,544$1,317
31 years$26,306$18,623$12,915$8,802$5,917$1,115
32 years$25,207$17,621$12,050$8,090$5,352$944
33 years$24,177$16,688$11,251$7,439$4,844$799
34 years$23,209$15,816$10,512$6,845$4,385$677
35 years$22,299$15,001$9,828$6,301$3,972$573
36 years$21,441$14,239$9,194$5,803$3,599$486
37 years$20,632$13,523$8,605$5,347$3,262$411
38 years$19,867$12,852$8,059$4,928$2,957$349
39 years$19,143$12,221$7,550$4,544$2,682$295
40 years$18,457$11,627$7,077$4,191$2,432$250
41 years$17,806$11,068$6,636$3,867$2,207$212
42 years$17,187$10,541$6,224$3,569$2,002$180
43 years$16,600$10,043$5,841$3,294$1,817$152
44 years$16,040$9,573$5,483$3,042$1,649$129
45 years$15,507$9,129$5,148$2,809$1,497$109
46 years$14,998$8,709$4,835$2,595$1,360$93
47 years$14,513$8,311$4,543$2,397$1,235$78
48 years$14,049$7,934$4,269$2,215$1,121$66
49 years$13,605$7,576$4,012$2,047$1,018$56
50 years$13,181$7,237$3,772$1,892$925$48

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 $5,680 every year, while hoping to spend $21,002 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: 52/34/14 Blend
68$13,500,000$13,500,000$13,500,000$13,500,000
69$14,882,859$14,167,359$13,958,109$15,600,567
70$16,378,565$14,839,214$14,403,360$16,763,811
71$18,026,128$15,543,285$14,862,822$18,025,577
72$19,841,017$16,281,130$15,336,951$19,397,397
73$21,840,276$17,054,381$15,826,214$20,889,687
74$24,042,687$17,864,748$16,331,095$22,513,890
75$26,468,947$18,714,026$16,852,092$24,282,580
76$29,141,863$19,604,097$17,389,721$26,209,572
77$32,086,569$20,536,934$17,944,512$28,310,047
78$35,330,761$21,514,605$18,517,015$30,600,695
79$38,904,957$22,539,280$19,107,794$33,099,861
80$42,842,792$23,613,233$19,717,434$35,827,711
81$47,181,325$24,738,851$20,346,537$38,806,424
82$51,961,399$25,918,633$20,995,724$42,060,383
83$57,228,019$27,155,203$21,665,639$45,616,408
84$63,030,781$28,451,312$22,356,942$49,503,996
85$69,424,338$29,809,844$23,070,317$53,755,593
86$76,468,918$31,233,823$23,806,469$58,406,892
87$84,230,888$32,726,421$24,566,126$63,497,162
88$92,783,386$34,290,963$25,350,039$69,069,609
89$102,207,009$35,930,938$26,158,983$75,171,773
90$112,590,573$37,650,003$26,993,758$81,855,970
91$124,031,951$39,451,993$27,855,188$89,179,773
92$136,639,000$41,340,930$28,744,127$97,206,545
93$150,530,575$43,321,033$29,661,452$106,006,028
94$165,837,654$45,396,725$30,608,072$115,654,986
95$182,704,574$47,572,643$31,584,921$126,237,920
96$201,290,391$49,853,653$32,592,967$137,847,849
97$221,770,385$52,244,856$33,633,205$150,587,181
98$244,337,712$54,751,602$34,706,665$164,568,658
99$269,205,229$57,379,501$35,814,409$179,916,410
100$296,607,503$60,134,436$36,957,532$196,767,112