Can I retire at age 69 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,099,607
2 years$580,506$569,695$559,217$549,058$539,204$506,498
3 years$383,160$372,302$361,850$351,787$342,093$310,427
4 years$284,506$273,681$263,334$253,443$243,984$213,600
5 years$225,329$214,569$204,358$194,668$185,472$156,455
6 years$185,891$175,212$165,152$155,678$146,758$119,133
7 years$157,732$147,143$137,242$127,991$119,354$93,120
8 years$136,622$126,129$116,392$107,369$99,015$74,159
9 years$120,212$109,818$100,248$91,454$83,385$59,881
10 years$107,092$96,799$87,399$78,834$71,048$48,864
11 years$96,364$86,174$76,945$68,610$61,104$40,203
12 years$87,430$77,345$68,286$60,180$52,951$33,293
13 years$79,877$69,898$61,009$53,130$46,175$27,714
14 years$73,408$63,535$54,817$47,163$40,476$23,169
15 years$67,807$58,040$49,493$42,061$35,639$19,436
16 years$62,911$53,251$44,872$37,661$31,498$16,351
17 years$58,596$49,042$40,832$33,838$27,928$13,788
18 years$54,764$45,317$37,274$30,495$24,832$11,650
19 years$51,339$41,999$34,123$27,555$22,133$9,859
20 years$48,261$39,028$31,316$24,956$19,770$8,356
21 years$45,480$36,353$28,805$22,649$17,692$7,089
22 years$42,955$33,934$26,548$20,593$15,858$6,021
23 years$40,653$31,738$24,513$18,755$14,235$5,118
24 years$38,545$29,736$22,670$17,105$12,795$4,353
25 years$36,610$27,906$20,997$15,622$11,514$3,705
26 years$34,826$26,227$19,474$14,284$10,371$3,155
27 years$33,177$24,683$18,083$13,074$9,350$2,688
28 years$31,649$23,259$16,810$11,979$8,437$2,290
29 years$30,228$21,942$15,644$10,985$7,618$1,952
30 years$28,905$20,722$14,571$10,081$6,884$1,665
31 years$27,670$19,589$13,584$9,259$6,224$1,420
32 years$26,514$18,535$12,675$8,509$5,630$1,211
33 years$25,430$17,553$11,834$7,825$5,095$1,033
34 years$24,412$16,636$11,057$7,200$4,613$882
35 years$23,455$15,779$10,338$6,628$4,178$752
36 years$22,553$14,977$9,671$6,104$3,785$642
37 years$21,701$14,225$9,052$5,624$3,431$548
38 years$20,897$13,518$8,476$5,184$3,110$468
39 years$20,135$12,855$7,942$4,780$2,821$399
40 years$19,414$12,230$7,444$4,408$2,558$341
41 years$18,729$11,642$6,980$4,067$2,321$291
42 years$18,079$11,087$6,547$3,754$2,106$249
43 years$17,460$10,564$6,144$3,465$1,911$212
44 years$16,872$10,070$5,767$3,199$1,735$181
45 years$16,311$9,602$5,415$2,955$1,575$155
46 years$15,776$9,160$5,086$2,729$1,430$132
47 years$15,265$8,742$4,778$2,522$1,299$113
48 years$14,777$8,345$4,490$2,330$1,179$96
49 years$14,311$7,969$4,220$2,153$1,071$82
50 years$13,864$7,612$3,968$1,990$973$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $14,200,000, adding $5,245 every year, while hoping to spend $51,285 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: 79/6/15 Blend
68$14,200,000$14,200,000$14,200,000$14,200,000
69$15,653,810$14,901,210$14,681,110$16,841,236
70$17,195,932$15,576,803$15,118,361$18,299,394
71$18,893,631$16,283,780$15,568,540$19,891,815
72$20,762,723$17,023,627$16,032,027$21,637,584
73$22,820,633$17,797,897$16,509,213$23,552,030
74$25,086,564$18,608,220$17,000,497$25,652,034
75$27,581,674$19,456,303$17,506,294$27,956,188
76$30,329,277$20,343,935$18,027,028$30,484,969
77$33,355,066$21,272,990$18,563,136$33,260,929
78$36,687,350$22,245,433$19,115,068$36,308,906
79$40,357,323$23,263,324$19,683,287$39,656,261
80$44,399,362$24,328,818$20,268,268$43,333,129
81$48,851,345$25,444,178$20,870,503$47,372,706
82$53,755,012$26,611,773$21,490,495$51,811,558
83$59,156,360$27,834,086$22,128,763$56,689,964
84$65,106,072$29,113,721$22,785,841$62,052,296
85$71,660,002$30,453,403$23,462,277$67,947,435
86$78,879,696$31,855,994$24,158,637$74,429,231
87$86,832,975$33,324,488$24,875,501$81,557,005
88$95,594,577$34,862,025$25,613,469$89,396,114
89$105,246,858$36,471,899$26,373,154$98,018,559
90$115,880,573$38,157,558$27,155,190$107,503,663
91$127,595,731$39,922,617$27,960,229$117,938,823
92$140,502,538$41,770,868$28,788,939$129,420,322
93$154,722,439$43,706,283$29,642,011$142,054,247
94$170,389,262$45,733,025$30,520,152$155,957,478
95$187,650,483$47,855,459$31,424,093$171,258,791
96$206,668,616$50,078,161$32,354,584$188,100,074
97$227,622,749$52,405,925$33,312,397$206,637,658
98$250,710,232$54,843,778$34,298,325$227,043,793
99$276,148,542$57,396,990$35,313,186$249,508,268
100$304,177,335$60,071,084$36,357,819$274,240,200