Can I retire at age 69 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$437,669$433,771$429,967$426,254$422,629$407,959
2 years$216,668$212,633$208,722$204,930$201,252$186,623
3 years$143,010$138,958$135,057$131,301$127,683$113,555
4 years$106,189$102,149$98,287$94,595$91,064$77,547
5 years$84,102$80,086$76,275$72,658$69,226$56,353
6 years$69,382$65,396$61,641$58,105$54,776$42,558
7 years$58,872$54,920$51,224$47,771$44,547$32,983
8 years$50,993$47,076$43,442$40,074$36,956$26,035
9 years$44,868$40,988$37,417$34,134$31,123$20,831
10 years$39,971$36,129$32,621$29,424$26,518$16,839
11 years$35,967$32,164$28,719$25,608$22,806$13,721
12 years$32,632$28,868$25,487$22,461$19,764$11,250
13 years$29,813$26,089$22,771$19,830$17,234$9,270
14 years$27,399$23,714$20,460$17,603$15,107$7,669
15 years$25,308$21,663$18,473$15,699$13,302$6,366
16 years$23,481$19,875$16,748$14,057$11,756$5,298
17 years$21,870$18,304$15,240$12,630$10,424$4,418
18 years$20,440$16,914$13,912$11,382$9,268$3,692
19 years$19,162$15,676$12,736$10,285$8,261$3,089
20 years$18,013$14,567$11,688$9,315$7,379$2,588
21 years$16,975$13,568$10,751$8,454$6,603$2,171
22 years$16,032$12,666$9,909$7,686$5,919$1,822
23 years$15,173$11,846$9,149$7,000$5,313$1,531
24 years$14,387$11,099$8,461$6,384$4,776$1,286
25 years$13,664$10,416$7,837$5,831$4,297$1,082
26 years$12,998$9,789$7,268$5,331$3,871$910
27 years$12,383$9,213$6,749$4,880$3,490$766
28 years$11,813$8,681$6,274$4,471$3,149$645
29 years$11,282$8,190$5,839$4,100$2,843$543
30 years$10,789$7,734$5,439$3,763$2,569$457
31 years$10,327$7,311$5,070$3,456$2,323$385
32 years$9,896$6,918$4,731$3,176$2,101$325
33 years$9,492$6,551$4,417$2,921$1,902$273
34 years$9,112$6,209$4,127$2,687$1,722$230
35 years$8,754$5,889$3,858$2,474$1,559$194
36 years$8,418$5,590$3,610$2,278$1,413$164
37 years$8,100$5,309$3,378$2,099$1,281$138
38 years$7,800$5,046$3,164$1,935$1,161$116
39 years$7,515$4,798$2,964$1,784$1,053$98
40 years$7,246$4,565$2,778$1,645$955$83
41 years$6,990$4,345$2,605$1,518$866$70
42 years$6,748$4,138$2,444$1,401$786$59
43 years$6,517$3,943$2,293$1,293$713$50
44 years$6,297$3,758$2,152$1,194$648$42
45 years$6,088$3,584$2,021$1,103$588$35
46 years$5,888$3,419$1,898$1,019$534$30
47 years$5,698$3,263$1,783$941$485$25
48 years$5,515$3,115$1,676$870$440$21
49 years$5,341$2,974$1,575$804$400$18
50 years$5,175$2,841$1,481$743$363$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $5,300,000, adding $5,693 every year, while hoping to spend $45,540 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: 72/8/20 Blend
68$5,300,000$5,300,000$5,300,000$5,300,000
69$5,846,472$5,565,572$5,483,422$6,238,818
70$6,394,358$5,789,831$5,618,663$6,724,873
71$6,996,602$6,023,552$5,756,907$7,251,035
72$7,658,701$6,267,152$5,898,209$7,826,152
73$8,386,709$6,521,063$6,042,620$8,455,078
74$9,187,300$6,785,741$6,190,194$9,143,155
75$10,067,822$7,061,661$6,340,983$9,896,265
76$11,036,376$7,349,318$6,495,042$10,720,888
77$12,101,884$7,649,232$6,652,423$11,624,159
78$13,274,177$7,961,945$6,813,180$12,613,934
79$14,564,088$8,288,025$6,977,367$13,698,867
80$15,983,552$8,628,065$7,145,036$14,888,489
81$17,545,720$8,982,686$7,316,240$16,193,299
82$19,265,082$9,352,537$7,491,033$17,624,857
83$21,157,605$9,738,295$7,669,467$19,195,902
84$23,240,880$10,140,672$7,851,594$20,920,462
85$25,534,294$10,560,409$8,037,466$22,813,990
86$28,059,206$10,998,282$8,227,135$24,893,511
87$30,839,151$11,455,105$8,420,651$27,177,778
88$33,900,065$11,931,725$8,618,063$29,687,450
89$37,270,525$12,429,033$8,819,421$32,445,287
90$40,982,021$12,947,958$9,024,774$35,476,361
91$45,069,250$13,489,471$9,234,168$38,808,297
92$49,570,450$14,054,591$9,447,648$42,471,527
93$54,527,753$14,644,383$9,665,261$46,499,578
94$59,987,585$15,259,959$9,887,049$50,929,392
95$66,001,107$15,902,486$10,113,054$55,801,668
96$72,624,695$16,573,182$10,343,316$61,161,245
97$79,920,470$17,273,324$10,577,873$67,057,531
98$87,956,887$18,004,247$10,816,761$73,544,960
99$96,809,382$18,767,348$11,060,015$80,683,510
100$106,561,080$19,564,088$11,307,666$88,539,264