Can I retire at age 69 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,121,034
2 years$592,771$581,731$571,031$560,658$550,595$515,418
3 years$391,255$380,167$369,495$359,219$349,320$315,285
4 years$290,517$279,463$268,898$258,797$249,138$216,505
5 years$230,090$219,103$208,676$198,781$189,391$158,249
6 years$189,818$178,914$168,641$158,967$149,859$120,235
7 years$161,064$150,252$140,141$130,695$121,875$93,769
8 years$139,508$128,793$118,851$109,637$101,107$74,500
9 years$122,752$112,138$102,366$93,386$85,147$60,010
10 years$109,354$98,844$89,245$80,500$72,549$48,847
11 years$98,400$87,995$78,570$70,059$62,395$40,085
12 years$89,277$78,980$69,729$61,451$54,070$33,108
13 years$81,565$71,374$62,298$54,252$47,150$27,486
14 years$74,959$64,877$55,975$48,159$41,332$22,914
15 years$69,240$59,267$50,538$42,949$36,392$19,168
16 years$64,240$54,376$45,820$38,457$32,163$16,079
17 years$59,834$50,078$41,695$34,553$28,518$13,519
18 years$55,921$46,275$38,062$31,139$25,357$11,389
19 years$52,424$42,887$34,844$28,137$22,601$9,610
20 years$49,281$39,852$31,978$25,483$20,188$8,119
21 years$46,441$37,121$29,413$23,128$18,066$6,868
22 years$43,862$34,651$27,109$21,028$16,193$5,814
23 years$41,511$32,408$25,030$19,151$14,536$4,927
24 years$39,360$30,365$23,149$17,467$13,065$4,177
25 years$37,383$28,496$21,441$15,952$11,757$3,544
26 years$35,562$26,781$19,885$14,585$10,590$3,008
27 years$33,878$25,204$18,465$13,350$9,548$2,554
28 years$32,317$23,750$17,166$12,232$8,615$2,170
29 years$30,867$22,405$15,974$11,217$7,779$1,843
30 years$29,516$21,160$14,879$10,294$7,029$1,567
31 years$28,254$20,003$13,871$9,454$6,355$1,332
32 years$27,074$18,927$12,942$8,689$5,749$1,132
33 years$25,967$17,924$12,084$7,990$5,202$963
34 years$24,928$16,988$11,291$7,352$4,710$819
35 years$23,951$16,113$10,556$6,768$4,266$696
36 years$23,029$15,293$9,875$6,233$3,865$592
37 years$22,160$14,525$9,243$5,743$3,503$504
38 years$21,338$13,804$8,656$5,293$3,176$429
39 years$20,561$13,126$8,109$4,881$2,880$365
40 years$19,824$12,489$7,601$4,502$2,612$310
41 years$19,125$11,888$7,127$4,153$2,370$264
42 years$18,461$11,322$6,686$3,833$2,151$225
43 years$17,829$10,787$6,273$3,538$1,952$191
44 years$17,228$10,282$5,889$3,267$1,772$163
45 years$16,655$9,805$5,529$3,017$1,608$138
46 years$16,109$9,354$5,193$2,787$1,460$118
47 years$15,588$8,926$4,879$2,575$1,326$100
48 years$15,089$8,521$4,585$2,379$1,204$85
49 years$14,613$8,138$4,310$2,199$1,094$73
50 years$14,157$7,773$4,052$2,032$993$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $14,500,000, adding $4,572 every year, while hoping to spend $25,443 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: 77/11/12 Blend
68$14,500,000$14,500,000$14,500,000$14,500,000
69$15,983,716$15,215,216$14,990,466$17,177,209
70$17,586,984$15,933,690$15,465,575$18,682,269
71$19,352,932$16,686,517$15,955,748$20,328,482
72$21,298,128$17,475,353$16,461,462$22,132,878
73$23,440,826$18,301,935$16,983,211$24,111,210
74$25,801,144$19,168,083$17,521,501$26,280,820
75$28,401,248$20,075,707$18,076,860$28,660,804
76$31,265,568$21,026,809$18,649,827$31,272,188
77$34,421,021$22,023,487$19,240,961$34,138,125
78$37,897,270$23,067,944$19,850,839$37,284,112
79$41,727,005$24,162,485$20,480,054$40,738,226
80$45,946,244$25,309,533$21,129,221$44,531,386
81$50,594,684$26,511,622$21,798,973$48,697,647
82$55,716,065$27,771,415$22,489,961$53,274,512
83$61,358,589$29,091,700$23,202,861$58,303,290
84$67,575,375$30,475,403$23,938,366$63,829,477
85$74,424,956$31,925,591$24,697,195$69,903,184
86$81,971,837$33,445,480$25,480,086$76,579,608
87$90,287,099$35,038,443$26,287,804$83,919,549
88$99,449,074$36,708,017$27,121,136$91,989,979
89$109,544,079$38,457,910$27,980,893$100,864,673
90$120,667,237$40,292,010$28,867,916$110,624,899
91$132,923,372$42,214,395$29,783,068$121,360,180
92$146,427,998$44,229,342$30,727,242$133,169,140
93$161,308,408$46,341,334$31,701,359$146,160,424
94$177,704,879$48,555,073$32,706,368$160,453,724
95$195,771,996$50,875,491$33,743,250$176,180,900
96$215,680,107$53,307,757$34,813,017$193,487,223
97$237,616,935$55,857,295$35,916,710$212,532,738
98$261,789,350$58,529,789$37,055,407$233,493,773
99$288,425,318$61,331,204$38,230,218$256,564,592
100$317,776,060$64,267,792$39,442,290$281,959,228