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%19.7%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,157,235
2 years$617,299$605,802$594,660$583,857$573,379$526,734
3 years$407,445$395,899$384,785$374,083$363,775$318,814
4 years$302,538$291,027$280,025$269,506$259,447$216,513
5 years$239,611$228,169$217,311$207,006$197,228$156,429
6 years$197,673$186,317$175,619$165,545$156,060$117,424
7 years$167,729$156,469$145,940$136,103$126,918$90,433
8 years$145,281$134,123$123,769$114,174$105,291$70,919
9 years$127,831$116,778$106,602$97,251$88,670$56,362
10 years$113,879$102,934$92,938$83,831$75,551$45,245
11 years$102,471$91,636$81,821$72,958$64,977$36,603
12 years$92,972$82,248$72,614$63,994$56,307$29,792
13 years$84,940$74,328$64,876$56,497$49,101$24,365
14 years$78,061$67,562$58,292$50,152$43,042$20,003
15 years$72,105$61,719$52,629$44,727$37,897$16,473
16 years$66,899$56,626$47,716$40,048$33,494$13,600
17 years$62,310$52,150$43,420$35,983$29,698$11,251
18 years$58,235$48,189$39,637$32,428$26,406$9,324
19 years$54,593$44,661$36,286$29,301$23,536$7,737
20 years$51,320$41,502$33,301$26,538$21,023$6,428
21 years$48,362$38,657$30,631$24,085$18,813$5,345
22 years$45,677$36,085$28,231$21,899$16,863$4,448
23 years$43,229$33,750$26,066$19,943$15,138$3,704
24 years$40,988$31,621$24,107$18,190$13,606$3,087
25 years$38,930$29,675$22,328$16,612$12,243$2,573
26 years$37,033$27,890$20,708$15,189$11,028$2,145
27 years$35,280$26,247$19,229$13,903$9,943$1,790
28 years$33,655$24,733$17,876$12,738$8,972$1,493
29 years$32,144$23,333$16,635$11,681$8,101$1,246
30 years$30,737$22,035$15,495$10,720$7,320$1,040
31 years$29,423$20,830$14,445$9,846$6,618$868
32 years$28,194$19,710$13,478$9,048$5,986$725
33 years$27,042$18,666$12,584$8,321$5,418$605
34 years$25,960$17,691$11,758$7,656$4,905$505
35 years$24,942$16,779$10,993$7,048$4,443$422
36 years$23,982$15,926$10,284$6,491$4,025$353
37 years$23,077$15,126$9,625$5,980$3,648$294
38 years$22,221$14,375$9,014$5,512$3,308$246
39 years$21,411$13,669$8,445$5,083$2,999$205
40 years$20,644$13,005$7,915$4,688$2,721$172
41 years$19,916$12,380$7,422$4,325$2,468$143
42 years$19,225$11,790$6,962$3,992$2,240$120
43 years$18,567$11,234$6,533$3,685$2,033$100
44 years$17,941$10,708$6,132$3,402$1,845$84
45 years$17,345$10,211$5,758$3,142$1,675$70
46 years$16,776$9,741$5,408$2,902$1,521$58
47 years$16,233$9,296$5,081$2,681$1,381$49
48 years$15,714$8,874$4,775$2,478$1,254$41
49 years$15,218$8,474$4,488$2,290$1,139$34
50 years$14,743$8,095$4,219$2,117$1,035$28

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 $3,869 every year, while hoping to spend $35,246 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: 76/17/7 Blend
68$15,100,000$15,100,000$15,100,000$15,100,000
69$16,644,191$15,843,891$15,609,841$17,894,226
70$18,304,397$16,582,740$16,095,269$19,455,218
71$20,132,763$17,356,612$16,595,778$21,160,829
72$22,146,403$18,167,184$17,111,835$23,029,284
73$24,364,178$19,016,218$17,643,923$25,076,728
74$26,806,870$19,905,558$18,192,540$27,320,931
75$29,497,378$20,837,139$18,758,198$29,781,455
76$32,460,939$21,812,987$19,341,427$32,479,835
77$35,725,361$22,835,229$19,942,770$35,439,780
78$39,321,286$23,906,093$20,562,791$38,687,391
79$43,282,481$25,027,916$21,202,068$42,251,408
80$47,646,156$26,203,146$21,861,200$46,163,474
81$52,453,316$27,434,352$22,540,802$50,458,435
82$57,749,144$28,724,225$23,241,508$55,174,660
83$63,583,433$30,075,588$23,963,975$60,354,400
84$70,011,051$31,491,400$24,708,876$66,044,186
85$77,092,463$32,974,763$25,476,908$72,295,262
86$84,894,297$34,528,930$26,268,788$79,164,064
87$93,489,979$36,157,311$27,085,256$86,712,747
88$102,960,419$37,863,481$27,927,074$95,009,769
89$113,394,779$39,651,189$28,795,028$104,130,530
90$124,891,314$41,524,365$29,689,929$114,158,081
91$137,558,299$43,487,130$30,612,613$125,183,900
92$151,515,051$45,543,805$31,563,941$137,308,749
93$166,893,055$47,698,920$32,544,802$150,643,623
94$183,837,204$49,957,224$33,556,110$165,310,786
95$202,507,170$52,323,699$34,598,811$181,444,923
96$223,078,907$54,803,567$35,673,877$199,194,401
97$245,746,316$57,402,301$36,782,312$218,722,665
98$270,723,071$60,125,645$37,925,151$240,209,770
99$298,244,641$62,979,618$39,103,459$263,854,077
100$328,570,506$65,970,531$40,318,337$289,874,111