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%14.6%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,087,361
2 years$568,242$557,659$547,403$537,458$527,812$506,692
3 years$375,065$364,436$354,206$344,355$334,866$314,328
4 years$278,495$267,899$257,771$248,088$238,829$219,033
5 years$220,569$210,036$200,041$190,555$181,554$162,555
6 years$181,964$171,510$161,663$152,389$143,658$125,477
7 years$154,399$144,034$134,343$125,287$116,832$99,475
8 years$133,736$123,464$113,933$105,100$96,923$80,385
9 years$117,672$107,498$98,131$89,522$81,624$65,893
10 years$104,829$94,754$85,552$77,169$69,547$54,611
11 years$94,328$84,354$75,319$67,160$59,813$45,653
12 years$85,583$75,711$66,844$58,908$51,833$38,429
13 years$78,190$68,421$59,720$52,007$45,199$32,530
14 years$71,858$62,193$53,659$46,166$39,621$27,663
15 years$66,375$56,814$48,447$41,172$34,886$23,615
16 years$61,582$52,126$43,924$36,865$30,832$20,223
17 years$57,358$48,006$39,969$33,123$27,338$17,365
18 years$53,607$44,360$36,487$29,851$24,308$14,944
19 years$50,255$41,112$33,402$26,973$21,666$12,886
20 years$47,242$38,203$30,655$24,429$19,352$11,129
21 years$44,519$35,585$28,196$22,171$17,318$9,625
22 years$42,047$33,217$25,987$20,158$15,523$8,335
23 years$39,794$31,067$23,995$18,359$13,935$7,224
24 years$37,731$29,108$22,191$16,744$12,525$6,268
25 years$35,836$27,317$20,553$15,292$11,270$5,442
26 years$34,090$25,673$19,062$13,982$10,152$4,728
27 years$32,476$24,161$17,701$12,798$9,153$4,110
28 years$30,980$22,767$16,455$11,726$8,259$3,575
29 years$29,590$21,478$15,313$10,753$7,457$3,110
30 years$28,294$20,284$14,264$9,868$6,738$2,707
31 years$27,085$19,175$13,297$9,063$6,092$2,357
32 years$25,954$18,144$12,407$8,329$5,511$2,053
33 years$24,893$17,182$11,584$7,660$4,987$1,789
34 years$23,897$16,285$10,824$7,047$4,515$1,558
35 years$22,960$15,446$10,119$6,488$4,090$1,358
36 years$22,076$14,660$9,466$5,975$3,705$1,184
37 years$21,243$13,924$8,860$5,505$3,358$1,032
38 years$20,455$13,233$8,297$5,074$3,045$900
39 years$19,710$12,583$7,774$4,679$2,761$785
40 years$19,003$11,972$7,286$4,315$2,504$684
41 years$18,333$11,396$6,832$3,981$2,272$597
42 years$17,697$10,853$6,409$3,674$2,062$520
43 years$17,091$10,341$6,014$3,392$1,871$454
44 years$16,515$9,857$5,645$3,132$1,698$396
45 years$15,966$9,400$5,301$2,892$1,542$345
46 years$15,442$8,967$4,978$2,672$1,400$301
47 years$14,943$8,557$4,677$2,468$1,271$263
48 years$14,465$8,169$4,395$2,281$1,154$229
49 years$14,008$7,801$4,131$2,108$1,048$200
50 years$13,571$7,452$3,884$1,948$952$175

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 $4,510 every year, while hoping to spend $31,960 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: 38/41/21 Blend
68$13,900,000$13,900,000$13,900,000$13,900,000
69$15,322,452$14,585,752$14,370,302$15,808,168
70$16,851,337$15,266,449$14,817,702$16,840,813
71$18,535,097$15,979,428$15,279,019$17,952,742
72$20,389,496$16,726,239$15,754,685$19,153,795
73$22,431,903$17,508,504$16,245,145$20,452,040
74$24,681,461$18,327,924$16,750,861$21,856,325
75$27,159,261$19,186,283$17,272,306$23,376,352
76$29,888,545$20,085,451$17,809,968$25,022,764
77$32,894,926$21,027,388$18,364,352$26,807,239
78$36,206,628$22,014,148$18,935,976$28,742,593
79$39,854,750$23,047,888$19,525,378$30,842,893
80$43,873,564$24,130,864$20,133,108$33,123,581
81$48,300,837$25,265,446$20,759,736$35,601,615
82$53,178,185$26,454,115$21,405,850$38,295,616
83$58,551,468$27,699,475$22,072,054$41,226,041
84$64,471,223$29,004,255$22,758,973$44,415,362
85$70,993,140$30,371,315$23,467,251$47,888,269
86$78,178,587$31,803,656$24,197,550$51,671,894
87$86,095,189$33,304,422$24,950,555$55,796,060
88$94,817,470$34,876,911$25,726,970$60,293,543
89$104,427,552$36,524,579$26,527,524$65,200,378
90$115,015,932$38,251,053$27,352,965$70,556,183
91$126,682,334$40,060,131$28,204,066$76,404,523
92$139,536,655$41,955,801$29,081,625$82,793,303
93$153,699,997$43,942,238$29,986,463$89,775,212
94$169,305,814$46,023,825$30,919,427$97,408,204
95$186,501,170$48,205,156$31,881,391$105,756,028
96$205,448,126$50,491,045$32,873,254$114,888,816
97$226,325,273$52,886,544$33,895,946$124,883,727
98$249,329,413$55,396,947$34,950,423$135,825,662
99$274,677,424$58,027,808$36,037,672$147,808,041
100$302,608,298$60,784,948$37,158,712$160,933,671