Can I retire at age 69 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,222,329
2 years$629,563$617,838$606,475$595,457$584,770$579,028
3 years$415,540$403,764$392,429$381,515$371,002$365,385
4 years$308,549$296,809$285,588$274,860$264,602$259,152
5 years$244,371$232,702$221,628$211,119$201,146$195,880
6 years$201,600$190,019$179,108$168,834$159,160$154,084
7 years$171,061$159,577$148,840$138,807$129,440$124,557
8 years$148,168$136,787$126,228$116,442$107,383$102,693
9 years$130,371$119,098$108,720$99,183$90,432$85,935
10 years$116,142$104,979$94,785$85,497$77,052$72,746
11 years$104,507$93,457$83,447$74,408$66,268$62,149
12 years$94,819$83,882$74,057$65,265$57,426$53,491
13 years$86,627$75,805$66,165$57,620$50,077$46,322
14 years$79,612$68,904$59,450$51,148$43,897$40,319
15 years$73,538$62,945$53,675$45,615$38,650$35,244
16 years$68,228$57,751$48,664$40,844$34,159$30,921
17 years$63,548$53,187$44,283$36,698$30,288$27,212
18 years$59,392$49,147$40,424$33,072$26,931$24,012
19 years$55,678$45,549$37,006$29,883$24,004$21,237
20 years$52,340$42,326$33,963$27,065$21,441$18,821
21 years$49,323$39,425$31,239$24,563$19,187$16,709
22 years$46,585$36,802$28,792$22,334$17,198$14,857
23 years$44,088$34,420$26,584$20,340$15,438$13,228
24 years$41,803$32,249$24,586$18,551$13,876$11,791
25 years$39,704$30,264$22,771$16,942$12,487$10,522
26 years$37,769$28,444$21,119$15,491$11,247$9,398
27 years$35,981$26,769$19,611$14,179$10,141$8,401
28 years$34,323$25,224$18,231$12,991$9,150$7,515
29 years$32,783$23,796$16,966$11,913$8,262$6,727
30 years$31,348$22,473$15,803$10,933$7,465$6,025
31 years$30,008$21,244$14,732$10,041$6,749$5,399
32 years$28,754$20,101$13,746$9,228$6,105$4,840
33 years$27,579$19,036$12,834$8,486$5,525$4,341
34 years$26,475$18,042$11,992$7,808$5,003$3,895
35 years$25,437$17,113$11,211$7,188$4,531$3,496
36 years$24,459$16,242$10,488$6,620$4,105$3,139
37 years$23,535$15,427$9,817$6,099$3,721$2,819
38 years$22,663$14,661$9,193$5,622$3,373$2,532
39 years$21,837$13,941$8,613$5,183$3,059$2,274
40 years$21,054$13,264$8,073$4,781$2,775$2,044
41 years$20,312$12,626$7,570$4,411$2,517$1,837
42 years$19,606$12,024$7,101$4,071$2,284$1,651
43 years$18,936$11,457$6,663$3,758$2,073$1,484
44 years$18,297$10,921$6,254$3,470$1,882$1,335
45 years$17,689$10,414$5,873$3,204$1,708$1,200
46 years$17,109$9,934$5,516$2,960$1,551$1,079
47 years$16,555$9,481$5,182$2,735$1,408$971
48 years$16,026$9,050$4,869$2,527$1,279$873
49 years$15,520$8,643$4,577$2,335$1,162$785
50 years$15,036$8,256$4,303$2,159$1,055$706

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $15,400,000, adding $4,362 every year, while hoping to spend $55,269 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: 68/9/23 Blend
68$15,400,000$15,400,000$15,400,000$15,400,000
69$16,975,299$16,159,099$15,920,399$18,030,183
70$18,647,974$16,892,089$16,394,927$19,470,775
71$20,489,409$17,659,144$16,883,499$21,039,378
72$22,516,760$18,461,873$17,386,527$22,754,107
73$24,748,930$19,301,965$17,904,436$24,629,389
74$27,206,748$20,181,188$18,437,662$26,681,103
75$29,913,166$21,101,397$18,986,654$28,926,731
76$32,893,476$22,064,532$19,551,874$31,385,517
77$36,175,547$23,072,630$20,133,797$34,078,652
78$39,790,087$24,127,823$20,732,914$37,029,465
79$43,770,936$25,232,347$21,349,726$40,263,645
80$48,155,383$26,388,543$21,984,754$43,809,479
81$52,984,517$27,598,867$22,638,528$47,698,118
82$58,303,618$28,865,892$23,311,599$51,963,863
83$64,162,580$30,192,313$24,004,530$56,644,494
84$70,616,383$31,580,956$24,717,902$61,781,616
85$77,725,614$33,034,784$25,452,312$67,421,052
86$85,557,038$34,556,899$26,208,376$73,613,271
87$94,184,224$36,150,556$26,986,725$80,413,861
88$103,688,245$37,819,163$27,788,010$87,884,053
89$114,158,439$39,566,295$28,612,901$96,091,288
90$125,693,254$41,395,697$29,462,087$105,109,859
91$138,401,174$43,311,295$30,336,276$115,021,598
92$152,401,751$45,317,204$31,236,197$125,916,652
93$167,826,720$47,417,739$32,162,602$137,894,329
94$184,821,257$49,617,419$33,116,260$151,064,024
95$203,545,337$51,920,985$34,097,966$165,546,254
96$224,175,251$54,333,402$35,108,538$181,473,789
97$246,905,267$56,859,880$36,148,814$198,992,895
98$271,949,466$59,505,875$37,219,661$218,264,719
99$299,543,758$62,277,110$38,321,966$239,466,793
100$329,948,115$65,179,581$39,456,645$262,794,714