Can I retire at age 69 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,082,310
2 years$576,418$565,683$555,279$545,191$535,407$493,529
3 years$380,462$369,680$359,302$349,309$339,684$299,291
4 years$282,503$271,754$261,480$251,658$242,265$203,664
5 years$223,742$213,058$202,919$193,297$184,166$147,457
6 years$184,582$173,978$163,989$154,581$145,725$110,933
7 years$156,621$146,107$136,275$127,090$118,513$85,630
8 years$135,660$125,240$115,572$106,613$98,318$67,313
9 years$119,365$109,044$99,543$90,810$82,798$53,627
10 years$106,337$96,117$86,783$78,279$70,548$43,159
11 years$95,685$85,567$76,403$68,126$60,674$35,007
12 years$86,815$76,801$67,805$59,756$52,579$28,569
13 years$79,315$69,405$60,580$52,756$45,849$23,429
14 years$72,892$63,088$54,431$46,831$40,191$19,289
15 years$67,330$57,632$49,144$41,765$35,388$15,930
16 years$62,468$52,876$44,556$37,396$31,276$13,190
17 years$58,183$48,697$40,544$33,600$27,731$10,945
18 years$54,378$44,998$37,012$30,280$24,657$9,097
19 years$50,978$41,704$33,883$27,361$21,978$7,572
20 years$47,921$38,753$31,096$24,780$19,631$6,310
21 years$45,160$36,097$28,602$22,490$17,567$5,263
22 years$42,652$33,695$26,361$20,448$15,747$4,394
23 years$40,366$31,514$24,340$18,623$14,135$3,671
24 years$38,274$29,527$22,510$16,985$12,705$3,068
25 years$36,352$27,710$20,849$15,512$11,433$2,566
26 years$34,581$26,043$19,336$14,183$10,298$2,146
27 years$32,943$24,509$17,956$12,982$9,285$1,796
28 years$31,426$23,095$16,692$11,894$8,378$1,503
29 years$30,015$21,787$15,533$10,907$7,565$1,259
30 years$28,702$20,576$14,469$10,010$6,835$1,054
31 years$27,475$19,451$13,489$9,194$6,180$883
32 years$26,327$18,405$12,585$8,449$5,590$740
33 years$25,251$17,429$11,751$7,770$5,059$620
34 years$24,241$16,519$10,979$7,149$4,580$519
35 years$23,290$15,668$10,265$6,581$4,149$435
36 years$22,394$14,871$9,603$6,061$3,759$364
37 years$21,549$14,124$8,988$5,584$3,407$305
38 years$20,750$13,423$8,417$5,147$3,089$256
39 years$19,993$12,764$7,886$4,746$2,801$214
40 years$19,277$12,144$7,391$4,377$2,540$180
41 years$18,597$11,560$6,931$4,039$2,305$151
42 years$17,951$11,009$6,501$3,727$2,091$126
43 years$17,337$10,490$6,100$3,441$1,898$106
44 years$16,753$9,999$5,726$3,177$1,723$89
45 years$16,196$9,535$5,377$2,934$1,564$74
46 years$15,665$9,096$5,050$2,710$1,420$62
47 years$15,158$8,680$4,744$2,504$1,289$52
48 years$14,673$8,286$4,458$2,314$1,171$44
49 years$14,210$7,913$4,191$2,138$1,064$37
50 years$13,767$7,559$3,940$1,976$966$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $14,100,000, adding $2,173 every year, while hoping to spend $24,329 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: 50/39/11 Blend
68$14,100,000$14,100,000$14,100,000$14,100,000
69$15,540,441$14,793,141$14,574,591$16,271,552
70$17,099,681$15,492,120$15,036,954$17,471,291
71$18,817,147$16,224,532$15,513,991$18,771,545
72$20,708,953$16,991,992$16,006,167$20,183,921
73$22,792,857$17,796,189$16,513,964$21,718,950
74$25,088,423$18,638,898$17,037,877$23,388,194
75$27,617,214$19,521,976$17,578,418$25,204,354
76$30,402,990$20,447,373$18,136,115$27,181,377
77$33,471,933$21,417,132$18,711,512$29,334,589
78$36,852,894$22,433,396$19,305,173$31,680,828
79$40,577,669$23,498,411$19,917,675$34,238,597
80$44,681,293$24,614,535$20,549,619$37,028,233
81$49,202,375$25,784,237$21,201,621$40,072,091
82$54,183,460$27,010,108$21,874,318$43,394,745
83$59,671,432$28,294,863$22,568,368$47,023,214
84$65,717,958$29,641,350$23,284,447$50,987,209
85$72,379,970$31,052,557$24,023,257$55,319,401
86$79,720,209$32,531,615$24,785,518$60,055,723
87$87,807,814$34,081,807$25,571,976$65,235,700
88$96,718,972$35,706,577$26,383,399$70,902,806
89$106,537,644$37,409,535$27,220,579$77,104,872
90$117,356,350$39,194,469$28,084,335$83,894,518
91$129,277,048$41,065,348$28,975,510$91,329,643
92$142,412,093$43,026,337$29,894,976$99,473,957
93$156,885,300$45,081,800$30,843,631$108,397,572
94$172,833,109$47,236,317$31,822,402$118,177,644
95$190,405,879$49,494,690$32,832,245$128,899,093
96$209,769,301$51,861,951$33,874,147$140,655,389
97$231,105,965$54,343,383$34,949,127$153,549,413
98$254,617,085$56,944,521$36,058,234$167,694,420
99$280,524,397$59,671,171$37,202,554$183,215,083
100$309,072,250$62,529,423$38,383,204$200,248,660