Can I retire at age 69 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,364,511
2 years$715,413$702,089$689,176$676,656$664,512$633,478
3 years$472,204$458,823$445,942$433,540$421,594$391,458
4 years$350,624$337,283$324,532$312,341$300,684$271,679
5 years$277,695$264,434$251,850$239,908$228,575$200,782
6 years$229,091$215,930$203,532$191,856$180,864$154,312
7 years$194,388$181,338$169,136$157,736$147,091$121,784
8 years$168,372$155,440$143,441$132,321$122,026$97,956
9 years$148,149$135,339$123,546$112,708$102,763$79,913
10 years$131,979$119,294$107,710$97,155$87,560$65,904
11 years$118,758$106,201$94,826$84,554$75,304$54,815
12 years$107,749$95,320$84,156$74,165$65,257$45,902
13 years$98,440$86,142$75,188$65,477$56,905$38,650
14 years$90,468$78,300$67,556$58,123$49,883$32,690
15 years$83,566$71,529$60,994$51,836$43,921$27,751
16 years$77,532$65,626$55,300$46,413$38,817$23,631
17 years$72,213$60,439$50,321$41,702$34,418$20,175
18 years$67,491$55,849$45,937$37,582$30,603$17,262
19 years$63,271$51,760$42,053$33,958$27,277$14,796
20 years$59,477$48,098$38,594$30,756$24,364$12,702
21 years$56,049$44,801$35,499$27,913$21,803$10,919
22 years$52,937$41,820$32,718$25,379$19,544$9,397
23 years$50,100$39,114$30,209$23,113$17,544$8,094
24 years$47,503$36,647$27,938$21,081$15,769$6,978
25 years$45,118$34,391$25,877$19,252$14,189$6,020
26 years$42,919$32,322$23,999$17,603$12,781$5,197
27 years$40,887$30,419$22,285$16,113$11,523$4,489
28 years$39,004$28,664$20,717$14,763$10,398$3,879
29 years$37,253$27,041$19,279$13,538$9,389$3,353
30 years$35,622$25,537$17,958$12,424$8,483$2,899
31 years$34,100$24,141$16,741$11,411$7,670$2,508
32 years$32,675$22,843$15,620$10,487$6,938$2,170
33 years$31,340$21,632$14,585$9,643$6,279$1,877
34 years$30,086$20,502$13,627$8,873$5,685$1,625
35 years$28,906$19,446$12,740$8,168$5,149$1,407
36 years$27,794$18,457$11,918$7,522$4,665$1,218
37 years$26,745$17,530$11,155$6,931$4,228$1,055
38 years$25,753$16,660$10,446$6,388$3,833$913
39 years$24,815$15,842$9,787$5,890$3,476$791
40 years$23,925$15,072$9,173$5,433$3,153$685
41 years$23,082$14,347$8,602$5,013$2,860$593
42 years$22,280$13,664$8,069$4,626$2,596$514
43 years$21,518$13,019$7,571$4,270$2,356$445
44 years$20,792$12,410$7,107$3,943$2,138$386
45 years$20,101$11,834$6,673$3,641$1,941$334
46 years$19,442$11,289$6,268$3,364$1,762$289
47 years$18,813$10,773$5,888$3,108$1,600$251
48 years$18,211$10,285$5,534$2,872$1,453$217
49 years$17,636$9,821$5,201$2,654$1,320$188
50 years$17,086$9,382$4,890$2,453$1,199$163

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $17,500,000, adding $3,625 every year, while hoping to spend $57,542 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: 51/28/21 Blend
68$17,500,000$17,500,000$17,500,000$17,500,000
69$19,288,739$18,361,239$18,089,989$20,159,609
70$21,194,966$19,199,716$18,634,780$21,600,190
71$23,293,700$20,077,349$19,195,892$23,159,421
72$25,604,515$20,995,997$19,773,812$24,853,544
73$28,148,982$21,957,607$20,369,041$26,695,364
74$30,950,867$22,964,219$20,982,093$28,698,949
75$34,036,362$24,017,971$21,613,499$30,879,763
76$37,434,325$25,121,106$22,263,805$33,254,802
77$41,176,557$26,275,971$22,933,574$35,842,751
78$45,298,100$27,485,028$23,623,383$38,664,152
79$49,837,570$28,750,858$24,333,830$41,741,596
80$54,837,515$30,076,164$25,065,526$45,099,923
81$60,344,826$31,463,779$25,819,105$48,766,457
82$66,411,169$32,916,676$26,595,216$52,771,248
83$73,093,481$34,437,966$27,394,529$57,147,357
84$80,454,503$36,030,913$28,217,733$61,931,153
85$88,563,372$37,698,937$29,065,536$67,162,652
86$97,496,274$39,445,624$29,938,670$72,885,882
87$107,337,165$41,274,730$30,837,887$79,149,297
88$118,178,560$43,190,196$31,763,960$86,006,216
89$130,122,406$45,196,148$32,717,685$93,515,322
90$143,281,048$47,296,916$33,699,884$101,741,204
91$157,778,285$49,497,035$34,711,401$110,754,956
92$173,750,542$51,801,262$35,753,104$120,634,836
93$191,348,153$54,214,579$36,825,889$131,466,995
94$210,736,785$56,742,214$37,930,677$143,346,274
95$232,098,997$59,389,643$39,068,415$156,377,092
96$255,635,968$62,162,608$40,240,080$170,674,413
97$281,569,390$65,067,129$41,446,676$186,364,819
98$310,143,565$68,109,516$42,689,237$203,587,690
99$341,627,711$71,296,384$43,968,828$222,496,507
100$376,318,499$74,634,668$45,286,545$243,260,280