Can I retire at age 69 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$445,927$441,955$438,080$434,297$430,604$417,656
2 years$220,756$216,645$212,660$208,797$205,049$192,114
3 years$145,709$141,580$137,605$133,778$130,092$117,574
4 years$108,192$104,076$100,141$96,380$92,783$80,779
5 years$85,689$81,597$77,714$74,029$70,532$59,074
6 years$70,691$66,630$62,804$59,201$55,809$44,908
7 years$59,983$55,956$52,191$48,673$45,388$35,043
8 years$51,955$47,964$44,262$40,830$37,654$27,858
9 years$45,714$41,762$38,123$34,778$31,710$22,454
10 years$40,725$36,811$33,236$29,979$27,018$18,288
11 years$36,645$32,771$29,261$26,091$23,237$15,018
12 years$33,248$29,413$25,968$22,885$20,136$12,412
13 years$30,376$26,581$23,201$20,204$17,559$10,311
14 years$27,916$24,161$20,846$17,935$15,392$8,602
15 years$25,786$22,072$18,821$15,995$13,553$7,201
16 years$23,924$20,250$17,064$14,322$11,978$6,045
17 years$22,283$18,650$15,528$12,868$10,620$5,086
18 years$20,826$17,233$14,175$11,597$9,443$4,288
19 years$19,523$15,972$12,976$10,479$8,417$3,621
20 years$18,353$14,842$11,909$9,490$7,518$3,061
21 years$17,295$13,824$10,954$8,613$6,728$2,592
22 years$16,335$12,905$10,096$7,831$6,031$2,196
23 years$15,459$12,069$9,322$7,132$5,413$1,862
24 years$14,658$11,308$8,621$6,505$4,866$1,580
25 years$13,922$10,612$7,985$5,941$4,378$1,342
26 years$13,244$9,974$7,405$5,432$3,944$1,140
27 years$12,617$9,386$6,877$4,972$3,556$968
28 years$12,035$8,845$6,393$4,555$3,208$823
29 years$11,495$8,344$5,949$4,177$2,897$700
30 years$10,992$7,880$5,541$3,834$2,618$595
31 years$10,522$7,449$5,166$3,521$2,367$507
32 years$10,083$7,049$4,820$3,236$2,141$431
33 years$9,671$6,675$4,500$2,976$1,937$367
34 years$9,284$6,326$4,205$2,738$1,754$312
35 years$8,920$6,001$3,931$2,520$1,589$266
36 years$8,576$5,695$3,678$2,321$1,440$226
37 years$8,253$5,409$3,442$2,139$1,305$193
38 years$7,947$5,141$3,223$1,971$1,183$164
39 years$7,657$4,888$3,020$1,818$1,073$140
40 years$7,383$4,651$2,831$1,676$973$119
41 years$7,122$4,427$2,654$1,547$883$101
42 years$6,875$4,216$2,490$1,427$801$86
43 years$6,640$4,017$2,336$1,318$727$73
44 years$6,416$3,829$2,193$1,217$660$63
45 years$6,203$3,652$2,059$1,124$599$53
46 years$5,999$3,484$1,934$1,038$544$45
47 years$5,805$3,324$1,817$959$494$39
48 years$5,619$3,174$1,707$886$448$33
49 years$5,442$3,031$1,605$819$407$28
50 years$5,272$2,895$1,509$757$370$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $5,400,000, adding $3,541 every year, while hoping to spend $35,716 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: 65/24/11 Blend
68$5,400,000$5,400,000$5,400,000$5,400,000
69$5,954,453$5,668,253$5,584,553$6,326,795
70$6,523,805$5,907,995$5,733,634$6,815,333
71$7,150,035$6,158,289$5,886,512$7,344,393
72$7,838,905$6,419,611$6,043,276$7,921,544
73$8,596,766$6,692,465$6,204,019$8,551,472
74$9,430,616$6,977,375$6,368,833$9,239,331
75$10,348,162$7,274,891$6,537,813$9,990,794
76$11,357,901$7,585,587$6,711,056$10,812,100
77$12,469,191$7,910,065$6,888,661$11,710,117
78$13,692,346$8,248,955$7,070,728$12,692,401
79$15,038,728$8,602,917$7,257,360$13,767,271
80$16,520,859$8,972,640$7,448,662$14,943,880
81$18,152,535$9,358,848$7,644,741$16,232,306
82$19,948,958$9,762,296$7,845,704$17,643,640
83$21,926,879$10,183,776$8,051,663$19,190,093
84$24,104,757$10,624,117$8,262,729$20,885,109
85$26,502,930$11,084,187$8,479,019$22,743,488
86$29,143,811$11,564,894$8,700,648$24,781,525
87$32,052,096$12,067,190$8,927,736$27,017,165
88$35,254,998$12,592,070$9,160,403$29,470,164
89$38,782,503$13,140,577$9,398,772$32,162,278
90$42,667,657$13,713,804$9,642,969$35,117,467
91$46,946,870$14,312,892$9,893,121$38,362,114
92$51,660,267$14,939,040$10,149,357$41,925,277
93$56,852,062$15,593,501$10,411,808$45,838,958
94$62,570,977$16,277,587$10,680,608$50,138,400
95$68,870,702$16,992,674$10,955,894$54,862,425
96$75,810,400$17,740,201$11,237,802$60,053,789
97$83,455,265$18,521,676$11,526,474$65,759,588
98$91,877,141$19,338,677$11,822,050$72,031,694
99$101,155,197$20,192,859$12,124,675$78,927,251
100$111,376,671$21,085,953$12,434,496$86,509,201