Can I retire at age 69 with 18,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,422,338
2 years$739,941$726,160$712,805$699,855$687,295$666,200
3 years$488,394$474,554$461,232$448,404$436,048$415,496
4 years$362,645$348,847$335,659$323,050$310,993$291,143
5 years$287,216$273,501$260,485$248,133$236,412$217,321
6 years$236,946$223,334$210,510$198,434$187,065$168,755
7 years$201,052$187,555$174,935$163,144$152,134$134,611
8 years$174,145$160,770$148,359$136,857$126,210$109,472
9 years$153,228$139,979$127,782$116,572$106,287$90,326
10 years$136,504$123,384$111,403$100,486$90,562$75,365
11 years$122,830$109,842$98,077$87,453$77,886$63,440
12 years$111,443$98,588$87,041$76,708$67,494$53,780
13 years$101,815$89,095$77,765$67,722$58,856$45,856
14 years$93,570$80,985$69,873$60,116$51,593$39,286
15 years$86,431$73,981$63,086$53,613$45,427$33,791
16 years$80,190$67,876$57,196$48,004$40,148$29,161
17 years$74,689$62,512$52,046$43,132$35,598$25,237
18 years$69,805$57,763$47,512$38,870$31,652$21,893
19 years$65,440$53,535$43,495$35,123$28,212$19,031
20 years$61,516$49,747$39,917$31,810$25,200$16,572
21 years$57,971$46,337$36,716$28,870$22,551$14,452
22 years$54,752$43,254$33,840$26,249$20,214$12,620
23 years$51,818$40,455$31,245$23,906$18,145$11,033
24 years$49,132$37,903$28,896$21,803$16,309$9,655
25 years$46,665$35,571$26,764$19,912$14,676$8,456
26 years$44,391$33,431$24,822$18,207$13,219$7,411
27 years$42,289$31,462$23,049$16,665$11,918$6,500
28 years$40,341$29,647$21,427$15,269$10,754$5,704
29 years$38,530$27,968$19,940$14,002$9,711$5,008
30 years$36,844$26,413$18,573$12,850$8,774$4,398
31 years$35,269$24,969$17,315$11,802$7,933$3,865
32 years$33,796$23,626$16,156$10,846$7,176$3,397
33 years$32,414$22,374$15,085$9,974$6,494$2,987
34 years$31,117$21,205$14,094$9,177$5,880$2,627
35 years$29,897$20,113$13,177$8,448$5,325$2,310
36 years$28,747$19,090$12,327$7,780$4,825$2,033
37 years$27,662$18,131$11,538$7,168$4,373$1,789
38 years$26,636$17,231$10,805$6,607$3,965$1,574
39 years$25,665$16,385$10,123$6,092$3,595$1,386
40 years$24,746$15,589$9,488$5,619$3,261$1,220
41 years$23,873$14,839$8,897$5,184$2,959$1,074
42 years$23,044$14,133$8,345$4,785$2,685$945
43 years$22,256$13,465$7,831$4,417$2,436$833
44 years$21,505$12,835$7,351$4,078$2,212$733
45 years$20,790$12,240$6,902$3,766$2,008$646
46 years$20,109$11,676$6,483$3,479$1,823$569
47 years$19,458$11,143$6,090$3,214$1,655$501
48 years$18,836$10,637$5,723$2,970$1,503$441
49 years$18,241$10,158$5,379$2,745$1,365$389
50 years$17,672$9,703$5,058$2,537$1,240$342

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $18,100,000, adding $4,816 every year, while hoping to spend $22,607 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: 33/49/18 Blend
68$18,100,000$18,100,000$18,100,000$18,100,000
69$19,951,168$18,991,868$18,711,318$20,498,002
70$21,962,133$19,898,416$19,314,093$21,809,267
71$24,177,459$20,848,627$19,936,304$23,219,109
72$26,617,967$21,844,616$20,578,577$24,738,104
73$29,306,601$22,888,603$21,241,560$26,375,859
74$32,268,643$23,982,914$21,925,922$28,142,887
75$35,531,957$25,129,989$22,632,352$30,050,703
76$39,127,243$26,332,385$23,361,563$32,111,919
77$43,088,336$27,592,786$24,114,289$34,340,357
78$47,452,519$28,914,005$24,891,290$36,751,161
79$52,260,878$30,298,993$25,693,350$39,360,936
80$57,558,687$31,750,844$26,521,278$42,187,886
81$63,395,840$33,272,802$27,375,907$45,251,979
82$69,827,317$34,868,270$28,258,101$48,575,119
83$76,913,705$36,540,817$29,168,749$52,181,339
84$84,721,770$38,294,185$30,108,770$56,097,013
85$93,325,089$40,132,298$31,079,112$60,351,092
86$102,804,740$42,059,272$32,080,754$64,975,358
87$113,250,070$44,079,424$33,114,706$70,004,710
88$124,759,541$46,197,279$34,182,012$75,477,476
89$137,441,653$48,417,585$35,283,749$81,435,752
90$151,415,975$50,745,320$36,421,028$87,925,789
91$166,814,269$53,185,705$37,594,997$94,998,398
92$183,781,736$55,744,216$38,806,841$102,709,419
93$202,478,385$58,426,595$40,057,782$111,120,220
94$223,080,547$61,238,864$41,349,084$120,298,255
95$245,782,533$64,187,339$42,682,049$130,317,679
96$270,798,477$67,278,645$44,058,023$141,260,016
97$298,364,351$70,519,727$45,478,396$153,214,910
98$328,740,193$73,917,872$46,944,600$166,280,939
99$362,212,565$77,480,720$48,458,117$180,566,516
100$399,097,257$81,216,285$50,020,474$196,190,885