Can I retire at age 69 with 15,100,000?

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 $15,100,000?

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$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,159,069
2 years$617,299$605,802$594,660$583,857$573,379$528,531
3 years$407,445$395,899$384,785$374,083$363,775$320,517
4 years$302,538$291,027$280,025$269,506$259,447$218,109
5 years$239,611$228,169$217,311$207,006$197,228$157,915
6 years$197,673$186,317$175,619$165,545$156,060$118,801
7 years$167,729$156,469$145,940$136,103$126,918$91,703
8 years$145,281$134,123$123,769$114,174$105,291$72,087
9 years$127,831$116,778$106,602$97,251$88,670$57,431
10 years$113,879$102,934$92,938$83,831$75,551$46,220
11 years$102,471$91,636$81,821$72,958$64,977$37,490
12 years$92,972$82,248$72,614$63,994$56,307$30,595
13 years$84,940$74,328$64,876$56,497$49,101$25,090
14 years$78,061$67,562$58,292$50,152$43,042$20,657
15 years$72,105$61,719$52,629$44,727$37,897$17,060
16 years$66,899$56,626$47,716$40,048$33,494$14,126
17 years$62,310$52,150$43,420$35,983$29,698$11,721
18 years$58,235$48,189$39,637$32,428$26,406$9,742
19 years$54,593$44,661$36,286$29,301$23,536$8,109
20 years$51,320$41,502$33,301$26,538$21,023$6,757
21 years$48,362$38,657$30,631$24,085$18,813$5,637
22 years$45,677$36,085$28,231$21,899$16,863$4,706
23 years$43,229$33,750$26,066$19,943$15,138$3,931
24 years$40,988$31,621$24,107$18,190$13,606$3,286
25 years$38,930$29,675$22,328$16,612$12,243$2,748
26 years$37,033$27,890$20,708$15,189$11,028$2,299
27 years$35,280$26,247$19,229$13,903$9,943$1,924
28 years$33,655$24,733$17,876$12,738$8,972$1,610
29 years$32,144$23,333$16,635$11,681$8,101$1,348
30 years$30,737$22,035$15,495$10,720$7,320$1,129
31 years$29,423$20,830$14,445$9,846$6,618$945
32 years$28,194$19,710$13,478$9,048$5,986$792
33 years$27,042$18,666$12,584$8,321$5,418$663
34 years$25,960$17,691$11,758$7,656$4,905$556
35 years$24,942$16,779$10,993$7,048$4,443$466
36 years$23,982$15,926$10,284$6,491$4,025$390
37 years$23,077$15,126$9,625$5,980$3,648$327
38 years$22,221$14,375$9,014$5,512$3,308$274
39 years$21,411$13,669$8,445$5,083$2,999$230
40 years$20,644$13,005$7,915$4,688$2,721$192
41 years$19,916$12,380$7,422$4,325$2,468$161
42 years$19,225$11,790$6,962$3,992$2,240$135
43 years$18,567$11,234$6,533$3,685$2,033$113
44 years$17,941$10,708$6,132$3,402$1,845$95
45 years$17,345$10,211$5,758$3,142$1,675$80
46 years$16,776$9,741$5,408$2,902$1,521$67
47 years$16,233$9,296$5,081$2,681$1,381$56
48 years$15,714$8,874$4,775$2,478$1,254$47
49 years$15,218$8,474$4,488$2,290$1,139$39
50 years$14,743$8,095$4,219$2,117$1,035$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $15,100,000, adding $5,887 every year, while hoping to spend $30,677 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: 57/35/8 Blend
68$15,100,000$15,100,000$15,100,000$15,100,000
69$16,646,272$15,845,972$15,611,922$17,564,359
70$18,311,552$16,589,785$16,102,282$18,927,040
71$20,145,662$17,369,016$16,608,040$20,407,108
72$22,165,791$18,185,369$17,129,680$22,018,968
73$24,390,879$19,040,630$17,667,702$23,775,212
74$26,841,797$19,936,669$18,222,619$25,689,682
75$29,541,546$20,875,451$18,794,961$27,777,587
76$32,515,467$21,859,032$19,385,277$30,055,649
77$35,791,491$22,889,571$19,994,129$32,542,250
78$39,400,391$23,969,328$20,622,101$35,257,597
79$43,376,082$25,100,676$21,269,792$38,223,916
80$47,755,934$26,286,100$21,937,822$41,465,643
81$52,581,128$27,528,208$22,626,828$45,009,657
82$57,897,046$28,829,734$23,337,470$48,885,522
83$63,753,697$30,193,542$24,070,427$53,125,758
84$70,206,187$31,622,639$24,826,399$57,766,141
85$77,315,243$33,120,173$25,606,109$62,846,034
86$85,147,786$34,689,450$26,410,302$68,408,746
87$93,777,560$36,333,933$27,239,746$74,501,934
88$103,285,829$38,057,253$28,095,236$81,178,043
89$113,762,144$39,863,219$28,977,587$88,494,789
90$125,305,190$41,755,825$29,887,643$96,515,696
91$138,023,715$43,739,256$30,826,275$105,310,682
92$152,037,558$45,817,903$31,794,379$114,956,709
93$167,478,778$47,996,369$32,792,880$125,538,495
94$184,492,904$50,279,482$33,822,732$137,149,306
95$203,240,307$52,672,304$34,884,920$149,891,814
96$223,897,713$55,180,141$35,980,460$163,879,063
97$246,659,871$57,808,559$37,110,396$179,235,511
98$271,741,394$60,563,395$38,275,811$196,098,199
99$299,378,782$63,450,767$39,477,816$214,618,019
100$329,832,656$66,477,093$40,717,562$234,961,130