Can I retire at age 69 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,080,733
2 years$568,242$557,659$547,403$537,458$527,812$500,108
3 years$375,065$364,436$354,206$344,355$334,866$307,996
4 years$278,495$267,899$257,771$248,088$238,829$213,000
5 years$220,569$210,036$200,041$190,555$181,554$156,838
6 years$181,964$171,510$161,663$152,389$143,658$120,079
7 years$154,399$144,034$134,343$125,287$116,832$94,394
8 years$133,736$123,464$113,933$105,100$96,923$75,615
9 years$117,672$107,498$98,131$89,522$81,624$61,428
10 years$104,829$94,754$85,552$77,169$69,547$50,440
11 years$94,328$84,354$75,319$67,160$59,813$41,766
12 years$85,583$75,711$66,844$58,908$51,833$34,815
13 years$78,190$68,421$59,720$52,007$45,199$29,178
14 years$71,858$62,193$53,659$46,166$39,621$24,561
15 years$66,375$56,814$48,447$41,172$34,886$20,748
16 years$61,582$52,126$43,924$36,865$30,832$17,581
17 years$57,358$48,006$39,969$33,123$27,338$14,933
18 years$53,607$44,360$36,487$29,851$24,308$12,711
19 years$50,255$41,112$33,402$26,973$21,666$10,839
20 years$47,242$38,203$30,655$24,429$19,352$9,256
21 years$44,519$35,585$28,196$22,171$17,318$7,914
22 years$42,047$33,217$25,987$20,158$15,523$6,774
23 years$39,794$31,067$23,995$18,359$13,935$5,803
24 years$37,731$29,108$22,191$16,744$12,525$4,975
25 years$35,836$27,317$20,553$15,292$11,270$4,268
26 years$34,090$25,673$19,062$13,982$10,152$3,664
27 years$32,476$24,161$17,701$12,798$9,153$3,147
28 years$30,980$22,767$16,455$11,726$8,259$2,704
29 years$29,590$21,478$15,313$10,753$7,457$2,324
30 years$28,294$20,284$14,264$9,868$6,738$1,998
31 years$27,085$19,175$13,297$9,063$6,092$1,718
32 years$25,954$18,144$12,407$8,329$5,511$1,478
33 years$24,893$17,182$11,584$7,660$4,987$1,271
34 years$23,897$16,285$10,824$7,047$4,515$1,094
35 years$22,960$15,446$10,119$6,488$4,090$941
36 years$22,076$14,660$9,466$5,975$3,705$810
37 years$21,243$13,924$8,860$5,505$3,358$697
38 years$20,455$13,233$8,297$5,074$3,045$600
39 years$19,710$12,583$7,774$4,679$2,761$517
40 years$19,003$11,972$7,286$4,315$2,504$445
41 years$18,333$11,396$6,832$3,981$2,272$383
42 years$17,697$10,853$6,409$3,674$2,062$330
43 years$17,091$10,341$6,014$3,392$1,871$284
44 years$16,515$9,857$5,645$3,132$1,698$245
45 years$15,966$9,400$5,301$2,892$1,542$211
46 years$15,442$8,967$4,978$2,672$1,400$181
47 years$14,943$8,557$4,677$2,468$1,271$156
48 years$14,465$8,169$4,395$2,281$1,154$135
49 years$14,008$7,801$4,131$2,108$1,048$116
50 years$13,571$7,452$3,884$1,948$952$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,900,000, adding $3,675 every year, while hoping to spend $58,768 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: 32/48/20 Blend
68$13,900,000$13,900,000$13,900,000$13,900,000
69$15,321,591$14,584,891$14,369,441$15,716,715
70$16,821,864$15,237,022$14,788,288$16,664,877
71$18,473,196$15,919,137$15,219,198$17,679,854
72$20,290,932$16,632,645$15,662,511$18,771,887
73$22,291,981$17,379,019$16,118,579$19,947,752
74$24,494,976$18,159,803$16,587,764$21,214,873
75$26,920,446$18,976,617$17,070,437$22,581,381
76$29,591,015$19,831,153$17,566,979$24,056,187
77$32,531,608$20,725,190$18,077,783$25,649,055
78$35,769,695$21,660,587$18,603,252$27,370,694
79$39,335,543$22,639,295$19,143,799$29,232,843
80$43,262,503$23,663,355$19,699,852$31,248,381
81$47,587,327$24,734,909$20,271,846$33,431,435
82$52,350,513$25,856,198$20,860,231$35,797,510
83$57,596,686$27,029,572$21,465,469$38,363,621
84$63,375,021$28,257,494$22,088,036$41,148,446
85$69,739,706$29,542,544$22,728,417$44,172,494
86$76,750,452$30,887,425$23,387,115$47,458,288
87$84,473,059$32,294,969$24,064,645$51,030,564
88$92,980,035$33,768,146$24,761,534$54,916,495
89$102,351,280$35,310,067$25,478,327$59,145,936
90$112,674,842$36,923,992$26,215,582$63,751,694
91$124,047,744$38,613,336$26,973,872$68,769,822
92$136,576,905$40,381,680$27,753,788$74,239,947
93$150,380,143$42,232,776$28,555,934$80,205,634
94$165,587,292$44,170,556$29,380,932$86,714,773
95$182,341,423$46,199,141$30,229,421$93,820,027
96$200,800,200$48,322,850$31,102,058$101,579,303
97$221,137,360$50,546,210$31,999,516$110,056,287
98$243,544,359$52,873,963$32,922,489$119,321,026
99$268,232,179$55,311,083$33,871,688$129,450,572
100$295,433,315$57,862,779$34,847,843$140,529,686