Can I retire at age 69 with 17,000,000?

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 $17,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,403,844$1,391,339$1,379,139$1,367,231$1,355,604$1,345,933
2 years$694,972$682,029$669,485$657,323$645,526$635,774
3 years$458,713$445,714$433,201$421,153$409,548$400,017
4 years$340,606$327,647$315,260$303,417$292,093$282,857
5 years$269,760$256,879$244,654$233,053$222,044$213,130
6 years$222,546$209,761$197,717$186,375$175,696$167,115
7 years$188,834$176,157$164,304$153,229$142,888$134,644
8 years$163,562$150,999$139,343$128,540$118,539$110,632
9 years$143,916$131,472$120,016$109,487$99,827$92,255
10 years$128,208$115,886$104,632$94,379$85,058$77,817
11 years$115,365$103,166$92,117$82,138$73,153$66,237
12 years$104,670$92,597$81,751$72,046$63,393$56,797
13 years$95,628$83,680$73,039$63,606$55,280$48,997
14 years$87,883$76,063$65,626$56,462$48,458$42,480
15 years$81,178$69,485$59,252$50,355$42,666$36,986
16 years$75,316$63,751$53,720$45,087$37,708$32,316
17 years$70,150$58,712$48,883$40,510$33,435$28,323
18 years$65,562$54,253$44,624$36,508$29,729$24,887
19 years$61,463$50,281$40,851$32,988$26,498$21,918
20 years$57,778$46,724$37,491$29,877$23,668$19,340
21 years$54,448$43,521$34,485$27,115$21,180$17,094
22 years$51,425$40,625$31,783$24,654$18,985$15,132
23 years$48,669$37,996$29,346$22,453$17,042$13,412
24 years$46,146$35,600$27,140$20,478$15,318$11,901
25 years$43,829$33,409$25,137$18,702$13,784$10,570
26 years$41,693$31,399$23,313$17,100$12,416$9,397
27 years$39,719$29,550$21,649$15,652$11,194$8,361
28 years$37,889$27,845$20,125$14,341$10,101$7,444
29 years$36,189$26,268$18,728$13,151$9,121$6,631
30 years$34,605$24,808$17,445$12,069$8,241$5,910
31 years$33,126$23,452$16,263$11,085$7,451$5,271
32 years$31,742$22,190$15,174$10,187$6,740$4,702
33 years$30,445$21,014$14,168$9,368$6,099$4,196
34 years$29,226$19,917$13,238$8,619$5,522$3,746
35 years$28,080$18,891$12,376$7,934$5,002$3,346
36 years$27,000$17,930$11,578$7,307$4,532$2,989
37 years$25,981$17,029$10,836$6,733$4,107$2,670
38 years$25,017$16,184$10,148$6,206$3,724$2,386
39 years$24,106$15,389$9,507$5,722$3,377$2,133
40 years$23,242$14,642$8,911$5,278$3,063$1,907
41 years$22,422$13,938$8,356$4,869$2,779$1,705
42 years$21,643$13,274$7,838$4,494$2,521$1,525
43 years$20,903$12,647$7,355$4,148$2,288$1,364
44 years$20,198$12,055$6,904$3,830$2,077$1,220
45 years$19,527$11,496$6,483$3,537$1,886$1,091
46 years$18,886$10,967$6,089$3,268$1,712$976
47 years$18,275$10,465$5,720$3,019$1,555$873
48 years$17,691$9,991$5,375$2,790$1,412$781
49 years$17,132$9,541$5,053$2,578$1,282$699
50 years$16,598$9,114$4,750$2,383$1,165$626

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $17,000,000, adding $2,801 every year, while hoping to spend $54,511 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: 57/20/23 Blend
68$17,000,000$17,000,000$17,000,000$17,000,000
69$18,736,889$17,835,889$17,572,389$19,688,185
70$20,590,053$18,651,849$18,103,065$21,154,170
71$22,630,412$19,505,963$18,649,691$22,745,068
72$24,877,003$20,400,044$19,212,745$24,477,804
73$27,350,803$21,335,992$19,792,718$26,366,067
74$30,074,925$22,315,796$20,390,114$28,424,916
75$33,074,839$23,341,541$21,005,455$30,670,910
76$36,378,611$24,415,415$21,639,276$33,122,264
77$40,017,167$25,539,709$22,292,129$35,799,016
78$44,024,586$26,716,822$22,964,584$38,723,212
79$48,438,420$27,949,273$23,657,224$41,919,107
80$53,300,050$29,239,699$24,370,652$45,413,391
81$58,655,075$30,590,864$25,105,488$49,235,434
82$64,553,743$32,005,666$25,862,372$53,417,558
83$71,051,424$33,487,143$26,641,961$57,995,338
84$78,209,135$35,038,478$27,444,932$63,007,929
85$86,094,112$36,663,009$28,271,982$68,498,432
86$94,780,447$38,364,232$29,123,829$74,514,292
87$104,349,787$40,145,814$30,001,213$81,107,738
88$114,892,105$42,011,598$30,904,893$88,336,275
89$126,506,546$43,965,613$31,835,653$96,263,210
90$139,302,367$46,012,082$32,794,301$104,958,251
91$153,399,964$48,155,430$33,781,666$114,498,149
92$168,932,013$50,400,298$34,798,604$124,967,419
93$186,044,715$52,751,549$35,845,994$136,459,128
94$204,899,185$55,214,284$36,924,744$149,075,763
95$225,672,965$57,793,847$38,035,786$162,930,188
96$248,561,703$60,495,842$39,180,080$178,146,703
97$273,781,001$63,326,142$40,358,617$194,862,204
98$301,568,446$66,290,906$41,572,414$213,227,462
99$332,185,857$69,396,589$42,822,519$233,408,540
100$365,921,753$72,649,961$44,110,012$255,588,346