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%16%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,096,728
2 years$576,418$565,683$555,279$545,191$535,407$507,744
3 years$380,462$369,680$359,302$349,309$339,684$312,850
4 years$282,503$271,754$261,480$251,658$242,265$216,467
5 years$223,742$213,058$202,919$193,297$184,166$159,475
6 years$184,582$173,978$163,989$154,581$145,725$122,164
7 years$156,621$146,107$136,275$127,090$118,513$96,087
8 years$135,660$125,240$115,572$106,613$98,318$77,017
9 years$119,365$109,044$99,543$90,810$82,798$62,604
10 years$106,337$96,117$86,783$78,279$70,548$51,438
11 years$95,685$85,567$76,403$68,126$60,674$42,620
12 years$86,815$76,801$67,805$59,756$52,579$35,550
13 years$79,315$69,405$60,580$52,756$45,849$29,814
14 years$72,892$63,088$54,431$46,831$40,191$25,113
15 years$67,330$57,632$49,144$41,765$35,388$21,230
16 years$62,468$52,876$44,556$37,396$31,276$18,001
17 years$58,183$48,697$40,544$33,600$27,731$15,302
18 years$54,378$44,998$37,012$30,280$24,657$13,034
19 years$50,978$41,704$33,883$27,361$21,978$11,123
20 years$47,921$38,753$31,096$24,780$19,631$9,505
21 years$45,160$36,097$28,602$22,490$17,567$8,134
22 years$42,652$33,695$26,361$20,448$15,747$6,967
23 years$40,366$31,514$24,340$18,623$14,135$5,973
24 years$38,274$29,527$22,510$16,985$12,705$5,125
25 years$36,352$27,710$20,849$15,512$11,433$4,401
26 years$34,581$26,043$19,336$14,183$10,298$3,781
27 years$32,943$24,509$17,956$12,982$9,285$3,250
28 years$31,426$23,095$16,692$11,894$8,378$2,794
29 years$30,015$21,787$15,533$10,907$7,565$2,404
30 years$28,702$20,576$14,469$10,010$6,835$2,068
31 years$27,475$19,451$13,489$9,194$6,180$1,780
32 years$26,327$18,405$12,585$8,449$5,590$1,532
33 years$25,251$17,429$11,751$7,770$5,059$1,319
34 years$24,241$16,519$10,979$7,149$4,580$1,136
35 years$23,290$15,668$10,265$6,581$4,149$979
36 years$22,394$14,871$9,603$6,061$3,759$843
37 years$21,549$14,124$8,988$5,584$3,407$726
38 years$20,750$13,423$8,417$5,147$3,089$626
39 years$19,993$12,764$7,886$4,746$2,801$539
40 years$19,277$12,144$7,391$4,377$2,540$465
41 years$18,597$11,560$6,931$4,039$2,305$400
42 years$17,951$11,009$6,501$3,727$2,091$345
43 years$17,337$10,490$6,100$3,441$1,898$297
44 years$16,753$9,999$5,726$3,177$1,723$256
45 years$16,196$9,535$5,377$2,934$1,564$221
46 years$15,665$9,096$5,050$2,710$1,420$190
47 years$15,158$8,680$4,744$2,504$1,289$164
48 years$14,673$8,286$4,458$2,314$1,171$141
49 years$14,210$7,913$4,191$2,138$1,064$122
50 years$13,767$7,559$3,940$1,976$966$105

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 $5,460 every year, while hoping to spend $38,945 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: 52/19/29 Blend
68$14,100,000$14,100,000$14,100,000$14,100,000
69$15,543,832$14,796,532$14,577,982$16,225,168
70$17,087,866$15,480,125$15,024,907$17,383,550
71$18,788,086$16,195,909$15,485,499$18,638,648
72$20,660,381$16,945,419$15,960,175$20,003,297
73$22,722,263$17,730,267$16,449,363$21,487,983
74$24,993,023$18,552,140$16,953,506$23,104,230
75$27,493,924$19,412,807$17,473,061$24,864,710
76$30,248,392$20,314,123$18,008,496$26,783,360
77$33,282,244$21,258,030$18,560,297$28,875,504
78$36,623,926$22,246,568$19,128,961$31,158,002
79$40,304,788$23,281,871$19,715,002$33,649,395
80$44,359,372$24,366,178$20,318,950$36,370,084
81$48,825,744$25,501,836$20,941,350$39,342,512
82$53,745,849$26,691,306$21,582,765$42,591,377
83$59,165,912$27,937,166$22,243,774$46,143,852
84$65,136,867$29,242,119$22,924,973$50,029,845
85$71,714,845$30,609,001$23,626,977$54,282,269
86$78,961,699$32,040,781$24,350,420$58,937,351
87$86,945,587$33,540,574$25,095,954$64,034,964
88$95,741,621$35,111,646$25,864,252$69,619,003
89$105,432,568$36,757,419$26,656,007$75,737,789
90$116,109,640$38,481,483$27,471,933$82,444,515
91$127,873,346$40,287,598$28,312,765$89,797,751
92$140,834,446$42,179,709$29,179,262$97,861,979
93$155,114,996$44,161,951$30,072,204$106,708,201
94$170,849,499$46,238,660$30,992,395$116,414,596
95$188,186,173$48,414,379$31,940,666$127,067,255
96$207,288,353$50,693,875$32,917,869$138,760,982
97$228,336,033$53,082,142$33,924,885$151,600,178
98$251,527,560$55,584,419$34,962,621$165,699,822
99$277,081,512$58,206,197$36,032,010$181,186,541
100$305,238,759$60,953,234$37,134,015$198,199,801