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%17.2%
1 years$445,927$441,955$438,080$434,297$430,604$417,992
2 years$220,756$216,645$212,660$208,797$205,049$192,446
3 years$145,709$141,580$137,605$133,778$130,092$117,891
4 years$108,192$104,076$100,141$96,380$92,783$81,078
5 years$85,689$81,597$77,714$74,029$70,532$59,356
6 years$70,691$66,630$62,804$59,201$55,809$45,172
7 years$59,983$55,956$52,191$48,673$45,388$35,289
8 years$51,955$47,964$44,262$40,830$37,654$28,086
9 years$45,714$41,762$38,123$34,778$31,710$22,665
10 years$40,725$36,811$33,236$29,979$27,018$18,484
11 years$36,645$32,771$29,261$26,091$23,237$15,198
12 years$33,248$29,413$25,968$22,885$20,136$12,577
13 years$30,376$26,581$23,201$20,204$17,559$10,463
14 years$27,916$24,161$20,846$17,935$15,392$8,741
15 years$25,786$22,072$18,821$15,995$13,553$7,327
16 years$23,924$20,250$17,064$14,322$11,978$6,160
17 years$22,283$18,650$15,528$12,868$10,620$5,190
18 years$20,826$17,233$14,175$11,597$9,443$4,382
19 years$19,523$15,972$12,976$10,479$8,417$3,706
20 years$18,353$14,842$11,909$9,490$7,518$3,138
21 years$17,295$13,824$10,954$8,613$6,728$2,661
22 years$16,335$12,905$10,096$7,831$6,031$2,258
23 years$15,459$12,069$9,322$7,132$5,413$1,918
24 years$14,658$11,308$8,621$6,505$4,866$1,630
25 years$13,922$10,612$7,985$5,941$4,378$1,386
26 years$13,244$9,974$7,405$5,432$3,944$1,179
27 years$12,617$9,386$6,877$4,972$3,556$1,004
28 years$12,035$8,845$6,393$4,555$3,208$855
29 years$11,495$8,344$5,949$4,177$2,897$728
30 years$10,992$7,880$5,541$3,834$2,618$620
31 years$10,522$7,449$5,166$3,521$2,367$529
32 years$10,083$7,049$4,820$3,236$2,141$451
33 years$9,671$6,675$4,500$2,976$1,937$384
34 years$9,284$6,326$4,205$2,738$1,754$327
35 years$8,920$6,001$3,931$2,520$1,589$279
36 years$8,576$5,695$3,678$2,321$1,440$238
37 years$8,253$5,409$3,442$2,139$1,305$203
38 years$7,947$5,141$3,223$1,971$1,183$173
39 years$7,657$4,888$3,020$1,818$1,073$148
40 years$7,383$4,651$2,831$1,676$973$126
41 years$7,122$4,427$2,654$1,547$883$107
42 years$6,875$4,216$2,490$1,427$801$92
43 years$6,640$4,017$2,336$1,318$727$78
44 years$6,416$3,829$2,193$1,217$660$67
45 years$6,203$3,652$2,059$1,124$599$57
46 years$5,999$3,484$1,934$1,038$544$49
47 years$5,805$3,324$1,817$959$494$41
48 years$5,619$3,174$1,707$886$448$35
49 years$5,442$3,031$1,605$819$407$30
50 years$5,272$2,895$1,509$757$370$26

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 $5,628 every year, while hoping to spend $37,143 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: 39/41/20 Blend
68$5,400,000$5,400,000$5,400,000$5,400,000
69$5,956,605$5,670,405$5,586,705$6,153,200
70$6,524,659$5,908,735$5,734,340$6,533,375
71$7,149,410$6,157,499$5,885,676$6,940,235
72$7,836,601$6,417,167$6,040,797$7,379,406
73$8,592,561$6,688,235$6,199,790$7,853,838
74$9,424,262$6,971,219$6,362,744$8,366,768
75$10,339,388$7,266,660$6,529,747$8,921,751
76$11,346,403$7,575,123$6,700,891$9,522,685
77$12,454,634$7,897,202$6,876,268$10,173,854
78$13,674,358$8,233,516$7,055,974$10,879,960
79$15,016,898$8,584,714$7,240,105$11,646,170
80$16,494,731$8,951,476$7,428,759$12,478,158
81$18,121,607$9,334,510$7,622,035$13,382,159
82$19,912,672$9,734,563$7,820,035$14,365,024
83$21,884,620$10,152,412$8,022,861$15,434,285
84$24,055,843$10,588,872$8,230,619$16,598,219
85$26,446,610$11,044,798$8,443,416$17,865,924
86$29,079,252$11,521,081$8,661,358$19,247,407
87$31,978,380$12,018,657$8,884,557$20,753,668
88$35,171,109$12,538,506$9,113,124$22,396,806
89$38,687,321$13,081,652$9,347,173$24,190,128
90$42,559,942$13,649,167$9,586,818$26,148,270
91$46,825,256$14,242,177$9,832,176$28,287,333
92$51,523,245$14,861,856$10,083,367$30,625,032
93$56,697,965$15,509,436$10,340,509$33,180,857
94$62,397,967$16,186,207$10,603,725$35,976,252
95$68,676,747$16,893,520$10,873,138$39,034,816
96$75,593,261$17,632,787$11,148,873$42,382,522
97$83,212,471$18,405,491$11,431,057$46,047,951
98$91,605,964$19,213,181$11,719,819$50,062,564
99$100,852,626$20,057,481$12,015,287$54,460,991
100$111,039,389$20,940,092$12,317,594$59,281,350