Can I retire at age 69 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,060,544
2 years$564,154$553,647$543,464$533,591$524,015$484,266
3 years$372,367$361,815$351,657$341,877$332,457$294,097
4 years$276,492$265,972$255,917$246,303$237,111$200,433
5 years$218,982$208,525$198,602$189,185$180,248$145,348
6 years$180,655$170,277$160,500$151,292$142,624$109,527
7 years$153,289$142,998$133,376$124,386$115,992$84,690
8 years$132,774$122,576$113,113$104,344$96,226$66,692
9 years$116,826$106,724$97,425$88,878$81,036$53,231
10 years$104,075$94,072$84,937$76,614$69,047$42,922
11 years$93,649$83,747$74,777$66,677$59,383$34,882
12 years$84,967$75,167$66,363$58,485$51,460$28,524
13 years$77,627$67,929$59,291$51,633$44,874$23,440
14 years$71,341$61,745$53,273$45,834$39,336$19,339
15 years$65,897$56,405$48,098$40,876$34,635$16,006
16 years$61,139$51,751$43,608$36,600$30,610$13,282
17 years$56,945$47,661$39,682$32,885$27,141$11,045
18 years$53,221$44,041$36,224$29,636$24,133$9,201
19 years$49,893$40,816$33,162$26,779$21,510$7,676
20 years$46,902$37,929$30,434$24,253$19,213$6,411
21 years$44,199$35,329$27,994$22,011$17,194$5,360
22 years$41,745$32,978$25,800$20,013$15,412$4,485
23 years$39,507$30,844$23,822$18,226$13,834$3,756
24 years$37,460$28,899$22,031$16,624$12,435$3,147
25 years$35,579$27,120$20,405$15,182$11,189$2,638
26 years$33,845$25,489$18,925$13,881$10,079$2,212
27 years$32,243$23,988$17,574$12,706$9,087$1,856
28 years$30,757$22,603$16,337$11,641$8,199$1,557
29 years$29,377$21,324$15,203$10,675$7,404$1,307
30 years$28,091$20,138$14,161$9,797$6,690$1,097
31 years$26,890$19,037$13,202$8,998$6,048$921
32 years$25,767$18,013$12,318$8,269$5,471$773
33 years$24,714$17,059$11,501$7,604$4,951$650
34 years$23,725$16,168$10,746$6,997$4,483$546
35 years$22,794$15,335$10,047$6,441$4,060$458
36 years$21,918$14,555$9,398$5,932$3,679$385
37 years$21,090$13,824$8,797$5,465$3,334$323
38 years$20,308$13,138$8,238$5,038$3,023$272
39 years$19,568$12,493$7,718$4,645$2,741$228
40 years$18,867$11,886$7,234$4,284$2,486$192
41 years$18,201$11,314$6,783$3,953$2,256$161
42 years$17,569$10,775$6,363$3,648$2,047$135
43 years$16,968$10,266$5,971$3,367$1,858$114
44 years$16,396$9,786$5,604$3,109$1,686$96
45 years$15,851$9,332$5,262$2,872$1,531$80
46 years$15,331$8,902$4,943$2,652$1,390$67
47 years$14,835$8,496$4,643$2,451$1,262$57
48 years$14,361$8,110$4,364$2,264$1,146$48
49 years$13,908$7,745$4,101$2,093$1,041$40
50 years$13,474$7,398$3,856$1,934$945$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,800,000, adding $6,356 every year, while hoping to spend $54,197 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: 28/46/26 Blend
68$13,800,000$13,800,000$13,800,000$13,800,000
69$15,214,156$14,482,756$14,268,856$15,516,781
70$16,708,335$15,134,746$14,689,198$16,409,227
71$18,353,103$15,816,867$15,121,804$17,362,242
72$20,163,765$16,530,538$15,567,029$18,385,063
73$22,157,181$17,277,247$16,025,237$19,483,709
74$24,351,932$18,058,550$16,496,801$20,664,765
75$26,768,491$18,876,081$16,982,106$21,935,439
76$29,429,418$19,731,550$17,481,547$23,303,624
77$32,359,571$20,626,749$17,995,532$24,777,965
78$35,586,343$21,563,556$18,524,478$26,367,933
79$39,139,919$22,543,938$19,068,816$28,083,906
80$43,053,557$23,569,958$19,628,988$29,937,261
81$47,363,910$24,643,775$20,205,449$31,940,473
82$52,111,363$25,767,655$20,798,667$34,107,220
83$57,340,422$26,943,970$21,409,121$36,452,510
84$63,100,126$28,175,205$22,037,308$38,992,808
85$69,444,516$29,463,967$22,683,735$41,746,181
86$76,433,141$30,812,986$23,348,924$44,732,462
87$84,131,622$32,225,123$24,033,414$47,973,426
88$92,612,271$33,703,378$24,737,757$51,492,980
89$101,954,771$35,250,892$25,462,520$55,317,381
90$112,246,932$36,870,960$26,208,289$59,475,469
91$123,585,516$38,567,034$26,975,664$63,998,929
92$136,077,151$40,342,731$27,765,261$68,922,574
93$149,839,340$42,201,844$28,577,717$74,284,661
94$165,001,565$44,148,347$29,413,682$80,127,237
95$181,706,513$46,186,404$30,273,829$86,496,519
96$200,111,421$48,320,382$31,158,847$93,443,316
97$220,389,562$50,554,857$32,069,444$101,023,492
98$242,731,877$52,894,624$33,006,350$109,298,475
99$267,348,779$55,344,711$33,970,313$118,335,817
100$294,472,140$57,910,388$34,962,104$128,209,814