Can I retire at age 69 with 15,200,000?

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 $15,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,255,202$1,244,021$1,233,113$1,222,466$1,212,069$1,165,821
2 years$621,387$609,814$598,598$587,724$577,176$531,126
3 years$410,143$398,520$387,333$376,560$366,184$321,781
4 years$304,542$292,955$281,879$271,291$261,166$218,748
5 years$241,198$229,680$218,750$208,377$198,534$158,211
6 years$198,982$187,551$176,782$166,641$157,093$118,892
7 years$168,840$157,505$146,907$137,005$127,759$91,669
8 years$146,243$135,011$124,589$114,930$105,988$71,974
9 years$128,678$117,551$107,308$97,895$89,257$57,271
10 years$114,633$103,616$93,554$84,386$76,052$46,033
11 years$103,150$92,243$82,363$73,441$65,407$37,289
12 years$93,587$82,792$73,095$64,418$56,680$30,391
13 years$85,502$74,820$65,306$56,871$49,426$24,889
14 years$78,578$68,009$58,678$50,484$43,327$20,462
15 years$72,583$62,128$52,978$45,023$38,148$16,875
16 years$67,342$57,001$48,032$40,313$33,716$13,952
17 years$62,722$52,496$43,707$36,221$29,895$11,560
18 years$58,621$48,509$39,899$32,642$26,581$9,594
19 years$54,955$44,957$36,526$29,495$23,692$7,973
20 years$51,660$41,776$33,522$26,714$21,162$6,634
21 years$48,683$38,913$30,833$24,244$18,938$5,525
22 years$45,980$36,324$28,418$22,044$16,975$4,606
23 years$43,515$33,973$26,239$20,076$15,238$3,841
24 years$41,260$31,831$24,266$18,310$13,696$3,206
25 years$39,188$29,871$22,476$16,722$12,324$2,676
26 years$37,279$28,074$20,845$15,290$11,101$2,235
27 years$35,514$26,421$19,356$13,995$10,009$1,868
28 years$33,877$24,897$17,994$12,822$9,031$1,561
29 years$32,357$23,487$16,745$11,758$8,155$1,305
30 years$30,941$22,181$15,598$10,791$7,368$1,091
31 years$29,618$20,968$14,541$9,911$6,662$912
32 years$28,381$19,840$13,567$9,108$6,026$763
33 years$27,221$18,789$12,668$8,376$5,454$638
34 years$26,132$17,808$11,836$7,707$4,938$534
35 years$25,107$16,890$11,066$7,094$4,472$446
36 years$24,141$16,032$10,352$6,534$4,052$373
37 years$23,230$15,226$9,689$6,020$3,672$312
38 years$22,368$14,470$9,073$5,549$3,329$261
39 years$21,553$13,760$8,501$5,116$3,019$219
40 years$20,781$13,091$7,968$4,719$2,739$183
41 years$20,048$12,462$7,471$4,354$2,485$153
42 years$19,352$11,868$7,008$4,018$2,254$128
43 years$18,690$11,308$6,576$3,709$2,046$107
44 years$18,060$10,779$6,173$3,425$1,857$90
45 years$17,459$10,279$5,796$3,163$1,686$75
46 years$16,887$9,805$5,444$2,922$1,531$63
47 years$16,340$9,357$5,115$2,699$1,390$53
48 years$15,818$8,933$4,806$2,494$1,262$44
49 years$15,318$8,530$4,518$2,305$1,147$37
50 years$14,841$8,149$4,247$2,131$1,041$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $15,200,000, adding $4,100 every year, while hoping to spend $21,458 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: 53/25/22 Blend
68$15,200,000$15,200,000$15,200,000$15,200,000
69$16,754,629$15,949,029$15,713,429$17,540,792
70$18,440,770$16,707,700$16,216,998$18,841,052
71$20,298,178$17,502,827$16,736,717$20,252,633
72$22,344,300$18,336,174$17,273,105$21,788,249
73$24,598,362$19,209,589$17,826,696$23,459,736
74$27,081,548$20,125,012$18,398,044$25,280,101
75$29,817,205$21,084,477$18,987,718$27,263,643
76$32,831,059$22,090,116$19,596,306$29,426,080
77$36,151,460$23,144,164$20,224,415$31,784,694
78$39,809,649$24,248,968$20,872,672$34,358,491
79$43,840,051$25,406,985$21,541,725$37,168,368
80$48,280,603$26,620,794$22,232,240$40,237,311
81$53,173,111$27,893,100$22,944,906$43,590,602
82$58,563,643$29,226,736$23,680,435$47,256,054
83$64,502,966$30,624,678$24,439,561$51,264,265
84$71,047,024$32,090,042$25,223,041$55,648,898
85$78,257,465$33,626,099$26,031,658$60,446,996
86$86,202,226$35,236,278$26,866,218$65,699,321
87$94,956,171$36,924,174$27,727,555$71,450,730
88$104,601,801$38,693,558$28,616,528$77,750,593
89$115,230,027$40,548,385$29,534,025$84,653,248
90$126,941,037$42,492,803$30,480,961$92,218,504
91$139,845,232$44,531,160$31,458,283$100,512,199
92$154,064,276$46,668,016$32,466,965$109,606,810
93$169,732,239$48,908,156$33,508,016$119,582,126
94$186,996,866$51,256,595$34,582,473$130,525,990
95$206,020,972$53,718,594$35,691,412$142,535,119
96$226,983,975$56,299,669$36,835,938$155,716,004
97$250,083,594$59,005,606$38,017,195$170,185,900
98$275,537,712$61,842,472$39,236,363$186,073,925
99$303,586,436$64,816,631$40,494,658$203,522,261
100$334,494,363$67,934,756$41,793,339$222,687,484