Can I retire at age 69 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,074,499
2 years$555,978$545,623$535,588$525,858$516,421$506,362
3 years$366,970$356,571$346,561$336,922$327,638$317,816
4 years$272,485$262,117$252,208$242,734$233,674$224,165
5 years$215,808$205,503$195,723$186,443$177,636$168,466
6 years$178,036$167,809$158,174$149,100$140,557$131,739
7 years$151,067$140,926$131,443$122,583$114,310$105,848
8 years$130,849$120,799$111,474$102,832$94,832$86,724
9 years$115,133$105,177$96,013$87,590$79,862$72,107
10 years$102,567$92,709$83,706$75,503$68,046$60,640
11 years$92,292$82,533$73,693$65,711$58,522$51,458
12 years$83,736$74,077$65,401$57,637$50,714$43,985
13 years$76,502$66,944$58,431$50,885$44,224$37,823
14 years$70,307$60,850$52,501$45,170$38,766$32,685
15 years$64,942$55,588$47,401$40,284$34,133$28,362
16 years$60,253$51,001$42,976$36,070$30,167$24,697
17 years$56,120$46,970$39,107$32,408$26,748$21,570
18 years$52,450$43,402$35,699$29,206$23,783$18,886
19 years$49,170$40,225$32,681$26,390$21,198$16,573
20 years$46,222$37,379$29,993$23,902$18,935$14,571
21 years$43,558$34,817$27,588$21,692$16,944$12,831
22 years$41,140$32,500$25,426$19,723$15,188$11,316
23 years$38,935$30,397$23,477$17,962$13,634$9,992
24 years$36,917$28,480$21,712$16,383$12,254$8,832
25 years$35,063$26,727$20,110$14,962$11,027$7,814
26 years$33,354$25,119$18,651$13,680$9,933$6,920
27 years$31,775$23,640$17,319$12,522$8,955$6,132
28 years$30,311$22,276$16,100$11,473$8,080$5,438
29 years$28,951$21,015$14,983$10,521$7,296$4,825
30 years$27,684$19,846$13,956$9,655$6,593$4,283
31 years$26,500$18,761$13,010$8,868$5,961$3,804
32 years$25,393$17,752$12,139$8,150$5,392$3,379
33 years$24,356$16,811$11,334$7,494$4,880$3,004
34 years$23,381$15,933$10,590$6,895$4,418$2,670
35 years$22,464$15,113$9,901$6,348$4,001$2,375
36 years$21,600$14,344$9,262$5,846$3,625$2,112
37 years$20,785$13,624$8,669$5,386$3,286$1,879
38 years$20,014$12,947$8,118$4,965$2,979$1,672
39 years$19,284$12,311$7,606$4,578$2,701$1,488
40 years$18,593$11,713$7,129$4,222$2,450$1,325
41 years$17,938$11,150$6,685$3,896$2,223$1,180
42 years$17,315$10,619$6,271$3,595$2,017$1,050
43 years$16,723$10,118$5,884$3,319$1,831$935
44 years$16,159$9,644$5,523$3,064$1,662$833
45 years$15,622$9,197$5,186$2,830$1,509$742
46 years$15,109$8,773$4,871$2,614$1,370$661
47 years$14,620$8,372$4,576$2,415$1,244$589
48 years$14,153$7,993$4,300$2,232$1,129$524
49 years$13,706$7,632$4,042$2,062$1,026$467
50 years$13,278$7,291$3,800$1,906$932$416

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,600,000, adding $2,659 every year, while hoping to spend $43,912 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: 35/44/21 Blend
68$13,600,000$13,600,000$13,600,000$13,600,000
69$14,989,943$14,269,143$14,058,343$15,418,663
70$16,472,195$14,921,609$14,482,575$16,386,773
71$18,104,165$15,604,574$14,919,548$17,426,386
72$19,901,078$16,319,486$15,369,641$18,547,214
73$21,879,710$17,067,863$15,833,246$19,756,512
74$24,058,547$17,851,295$16,310,767$21,062,234
75$26,457,960$18,671,450$16,802,618$22,473,094
76$29,100,394$19,530,073$17,309,228$23,998,649
77$32,010,584$20,428,996$17,831,037$25,649,381
78$35,215,784$21,370,137$18,368,497$27,436,785
79$38,746,029$22,355,509$18,922,076$29,373,476
80$42,634,413$23,387,218$19,492,255$31,473,295
81$46,917,405$24,467,474$20,079,528$33,751,436
82$51,635,193$25,598,592$20,684,404$36,224,578
83$56,832,059$26,783,000$21,307,408$38,911,036
84$62,556,803$28,023,241$21,949,081$41,830,922
85$68,863,200$29,321,982$22,609,977$45,006,330
86$75,810,505$30,682,018$23,290,670$48,461,528
87$83,464,017$32,106,278$23,991,749$52,223,184
88$91,895,695$33,597,833$24,713,820$56,320,599
89$101,184,831$35,159,903$25,457,509$60,785,980
90$111,418,807$36,795,861$26,223,458$65,654,725
91$122,693,911$38,509,244$27,012,330$70,965,751
92$135,116,254$40,303,760$27,824,806$76,761,843
93$148,802,763$42,183,296$28,661,589$83,090,046
94$163,882,293$44,151,925$29,523,400$90,002,098
95$180,496,836$46,213,920$30,410,984$97,554,897
96$198,802,868$48,373,756$31,325,106$105,811,029
97$218,972,818$50,636,128$32,266,555$114,839,339
98$241,196,704$53,005,956$33,236,142$124,715,562
99$265,683,918$55,488,398$34,234,703$135,523,025
100$292,665,210$58,088,862$35,263,098$147,353,410