Can I retire at age 69 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,081,498
2 years$560,066$549,635$539,526$529,725$520,218$509,180
3 years$369,668$359,193$349,109$339,400$330,048$319,273
4 years$274,488$264,045$254,062$244,518$235,393$224,965
5 years$217,395$207,014$197,163$187,814$178,942$168,891
6 years$179,346$169,043$159,337$150,196$141,591$131,929
7 years$152,178$141,962$132,410$123,484$115,151$105,883
8 years$131,811$121,687$112,294$103,588$95,529$86,654
9 years$115,979$105,951$96,719$88,234$80,449$71,965
10 years$103,321$93,390$84,321$76,059$68,547$60,447
11 years$92,971$83,140$74,235$66,194$58,952$51,231
12 years$84,352$74,622$65,882$58,061$51,087$43,736
13 years$77,065$67,437$58,861$51,259$44,549$37,560
14 years$70,824$61,298$52,887$45,502$39,051$32,414
15 years$65,420$55,997$47,750$40,580$34,384$28,089
16 years$60,696$51,376$43,292$36,335$30,388$24,426
17 years$56,533$47,315$39,394$32,647$26,945$21,303
18 years$52,836$43,721$35,962$29,421$23,958$18,627
19 years$49,532$40,521$32,921$26,584$21,354$16,322
20 years$46,562$37,654$30,214$24,077$19,074$14,329
21 years$43,878$35,073$27,791$21,852$17,069$12,599
22 years$41,442$32,739$25,613$19,868$15,300$11,095
23 years$39,221$30,620$23,649$18,094$13,734$9,781
24 years$37,188$28,689$21,872$16,503$12,345$8,633
25 years$35,321$26,924$20,258$15,072$11,108$7,626
26 years$33,600$25,304$18,788$13,781$10,006$6,743
27 years$32,009$23,814$17,446$12,614$9,021$5,966
28 years$30,534$22,440$16,219$11,557$8,140$5,282
29 years$29,164$21,169$15,093$10,598$7,350$4,679
30 years$27,887$19,992$14,058$9,726$6,641$4,147
31 years$26,695$18,899$13,106$8,933$6,004$3,677
32 years$25,580$17,882$12,228$8,210$5,431$3,261
33 years$24,535$16,935$11,418$7,549$4,915$2,894
34 years$23,553$16,051$10,668$6,946$4,450$2,568
35 years$22,629$15,224$9,974$6,394$4,031$2,280
36 years$21,759$14,449$9,330$5,889$3,652$2,025
37 years$20,937$13,724$8,733$5,426$3,310$1,798
38 years$20,161$13,042$8,178$5,001$3,001$1,598
39 years$19,426$12,402$7,662$4,611$2,721$1,419
40 years$18,730$11,800$7,182$4,253$2,468$1,261
41 years$18,070$11,232$6,734$3,924$2,239$1,121
42 years$17,442$10,697$6,317$3,622$2,032$997
43 years$16,845$10,192$5,927$3,343$1,844$886
44 years$16,278$9,715$5,564$3,087$1,674$788
45 years$15,736$9,264$5,224$2,851$1,520$700
46 years$15,220$8,838$4,907$2,633$1,380$623
47 years$14,728$8,434$4,610$2,433$1,253$554
48 years$14,257$8,051$4,332$2,248$1,138$492
49 years$13,807$7,689$4,072$2,078$1,033$438
50 years$13,376$7,344$3,828$1,920$939$389

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,700,000, adding $2,809 every year, while hoping to spend $53,758 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: 43/40/17 Blend
68$13,700,000$13,700,000$13,700,000$13,700,000
69$15,100,297$14,374,197$14,161,847$15,674,806
70$16,583,330$15,021,335$14,579,071$16,726,554
71$18,215,830$15,698,381$15,008,470$17,859,787
72$20,012,986$16,406,743$15,450,396$19,086,389
73$21,991,535$17,147,898$15,905,209$20,414,974
74$24,169,919$17,923,392$16,373,280$21,854,995
75$26,568,458$18,734,846$16,854,993$23,416,828
76$29,209,544$19,583,957$17,350,739$25,111,865
77$32,117,851$20,472,504$17,860,922$26,952,617
78$35,320,567$21,402,351$18,385,957$28,952,821
79$38,847,650$22,375,452$18,926,272$31,127,568
80$42,732,114$23,393,853$19,482,306$33,493,438
81$47,010,336$24,459,699$20,054,510$36,068,649
82$51,722,403$25,575,237$20,643,349$38,873,219
83$56,912,487$26,742,822$21,249,299$41,929,154
84$62,629,262$27,964,922$21,872,853$45,260,641
85$68,926,368$29,244,124$22,514,514$48,894,269
86$75,862,909$30,583,137$23,174,802$52,859,276
87$83,504,018$31,984,803$23,854,250$57,187,812
88$91,921,467$33,452,098$24,553,407$61,915,231
89$101,194,348$34,988,142$25,272,837$67,080,420
90$111,409,815$36,596,204$26,013,120$72,726,152
91$122,663,908$38,279,711$26,774,853$78,899,481
92$135,062,464$40,042,254$27,558,647$85,652,171
93$148,722,108$41,887,596$28,365,134$93,041,178
94$163,771,358$43,819,684$29,194,961$101,129,170
95$180,351,839$45,842,651$30,048,795$109,985,111
96$198,619,617$47,960,831$30,927,320$119,684,892
97$218,746,673$50,178,767$31,831,240$130,312,037
98$240,922,526$52,501,219$32,761,279$141,958,479
99$265,356,022$54,933,178$33,718,181$154,725,405
100$292,277,306$57,479,873$34,702,710$168,724,201