Can I retire at age 69 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$429,411$425,586$421,854$418,212$414,655$412,215
2 years$212,580$208,621$204,784$201,063$197,455$194,993
3 years$140,312$136,336$132,509$128,823$125,274$122,866
4 years$104,185$100,221$96,432$92,810$89,346$87,012
5 years$82,515$78,575$74,835$71,287$67,919$65,665
6 years$68,073$64,162$60,478$57,009$53,742$51,571
7 years$57,761$53,883$50,258$46,870$43,707$41,619
8 years$50,031$46,188$42,622$39,318$36,259$34,256
9 years$44,021$40,215$36,711$33,490$30,535$28,615
10 years$39,217$35,447$32,005$28,869$26,018$24,180
11 years$35,288$31,557$28,177$25,125$22,376$20,620
12 years$32,017$28,324$25,006$22,038$19,391$17,715
13 years$29,251$25,596$22,341$19,456$16,909$15,311
14 years$26,882$23,266$20,074$17,271$14,822$13,301
15 years$24,831$21,254$18,124$15,403$13,051$11,604
16 years$23,038$19,500$16,432$13,791$11,534$10,159
17 years$21,458$17,959$14,953$12,391$10,227$8,922
18 years$20,054$16,595$13,650$11,167$9,093$7,857
19 years$18,800$15,380$12,496$10,090$8,105$6,934
20 years$17,673$14,292$11,468$9,139$7,240$6,132
21 years$16,655$13,312$10,548$8,294$6,479$5,432
22 years$15,730$12,427$9,722$7,541$5,807$4,819
23 years$14,887$11,622$8,976$6,868$5,213$4,281
24 years$14,115$10,889$8,302$6,264$4,686$3,807
25 years$13,406$10,219$7,689$5,721$4,216$3,390
26 years$12,753$9,604$7,131$5,231$3,798$3,020
27 years$12,149$9,039$6,622$4,788$3,424$2,694
28 years$11,590$8,517$6,156$4,387$3,090$2,404
29 years$11,070$8,035$5,729$4,023$2,790$2,147
30 years$10,585$7,588$5,336$3,692$2,521$1,918
31 years$10,133$7,173$4,975$3,391$2,279$1,715
32 years$9,709$6,787$4,641$3,116$2,062$1,533
33 years$9,312$6,428$4,334$2,865$1,866$1,372
34 years$8,940$6,092$4,049$2,636$1,689$1,228
35 years$8,589$5,778$3,786$2,427$1,530$1,099
36 years$8,259$5,484$3,541$2,235$1,386$984
37 years$7,947$5,209$3,315$2,059$1,256$882
38 years$7,652$4,950$3,104$1,898$1,139$790
39 years$7,373$4,707$2,908$1,750$1,033$708
40 years$7,109$4,479$2,726$1,614$937$635
41 years$6,859$4,263$2,556$1,489$850$569
42 years$6,620$4,060$2,398$1,375$771$510
43 years$6,394$3,869$2,250$1,269$700$457
44 years$6,178$3,688$2,112$1,172$635$410
45 years$5,973$3,516$1,983$1,082$577$368
46 years$5,777$3,354$1,862$999$524$330
47 years$5,590$3,201$1,750$923$476$296
48 years$5,411$3,056$1,644$853$432$265
49 years$5,241$2,918$1,545$789$392$238
50 years$5,077$2,788$1,453$729$356$214

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $5,200,000, adding $5,173 every year, while hoping to spend $26,766 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: 49/43/8 Blend
68$5,200,000$5,200,000$5,200,000$5,200,000
69$5,735,736$5,460,136$5,379,536$6,004,473
70$6,292,302$5,699,204$5,531,272$6,427,882
71$6,904,741$5,949,089$5,687,193$6,884,261
72$7,578,723$6,210,293$5,847,413$7,379,334
73$8,320,498$6,483,342$6,012,046$7,916,724
74$9,136,948$6,768,785$6,181,209$8,500,404
75$10,035,661$7,067,200$6,355,024$9,134,743
76$11,024,995$7,379,189$6,533,613$9,824,536
77$12,114,160$7,705,385$6,717,105$10,575,052
78$13,313,306$8,046,451$6,905,630$11,392,080
79$14,633,615$8,403,078$7,099,320$12,281,984
80$16,087,410$8,775,995$7,298,313$13,251,755
81$17,688,268$9,165,961$7,502,749$14,309,082
82$19,451,152$9,573,774$7,712,772$15,462,414
83$21,392,549$10,000,268$7,928,529$16,721,043
84$23,530,625$10,446,318$8,150,172$18,095,185
85$25,885,401$10,912,839$8,377,854$19,596,078
86$28,478,935$11,400,792$8,611,735$21,236,078
87$31,335,536$11,911,181$8,851,978$23,028,778
88$34,481,991$12,445,058$9,098,750$24,989,132
89$37,947,816$13,003,528$9,352,220$27,133,590
90$41,765,538$13,587,746$9,612,564$29,480,251
91$45,971,000$14,198,923$9,879,962$32,049,031
92$50,603,699$14,838,326$10,154,597$34,861,845
93$55,707,157$15,507,286$10,436,658$37,942,810
94$61,329,338$16,207,194$10,726,337$41,318,468
95$67,523,093$16,939,509$11,023,831$45,018,034
96$74,346,663$17,705,759$11,329,344$49,073,661
97$81,864,228$18,507,546$11,643,082$53,520,746
98$90,146,512$19,346,549$11,965,258$58,398,253
99$99,271,451$20,224,525$12,296,089$63,749,077
100$109,324,929$21,143,316$12,635,798$69,620,443