Can I retire at age 69 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$751,469$744,776$738,245$731,871$725,647$703,546
2 years$372,015$365,086$358,371$351,861$345,546$323,469
3 years$245,546$238,588$231,890$225,441$219,229$197,868
4 years$182,324$175,387$168,757$162,417$156,356$135,876
5 years$144,401$137,506$130,962$124,752$118,859$99,315
6 years$119,127$112,284$105,837$99,765$94,049$75,458
7 years$101,082$94,296$87,951$82,023$76,487$58,848
8 years$87,554$80,829$74,589$68,807$63,453$46,755
9 years$77,037$70,376$64,244$58,608$53,437$37,661
10 years$68,629$62,033$56,009$50,521$45,531$30,656
11 years$61,754$55,224$49,310$43,968$39,158$25,157
12 years$56,029$49,566$43,761$38,566$33,934$20,778
13 years$51,189$44,794$39,098$34,048$29,591$17,250
14 years$47,043$40,716$35,129$30,224$25,939$14,381
15 years$43,454$37,195$31,717$26,954$22,839$12,030
16 years$40,316$34,126$28,756$24,135$20,185$10,091
17 years$37,551$31,428$26,167$21,685$17,897$8,485
18 years$35,095$29,041$23,887$19,542$15,914$7,148
19 years$32,901$26,915$21,867$17,658$14,184$6,031
20 years$30,928$25,011$20,069$15,993$12,670$5,095
21 years$29,146$23,297$18,459$14,515$11,338$4,310
22 years$27,527$21,747$17,013$13,197$10,163$3,649
23 years$26,052$20,339$15,709$12,019$9,123$3,092
24 years$24,702$19,056$14,528$10,962$8,200$2,622
25 years$23,461$17,884$13,456$10,011$7,378$2,224
26 years$22,318$16,808$12,480$9,154$6,646$1,888
27 years$21,261$15,818$11,588$8,379$5,992$1,603
28 years$20,282$14,905$10,773$7,677$5,407$1,362
29 years$19,372$14,061$10,025$7,040$4,882$1,157
30 years$18,524$13,279$9,338$6,461$4,411$983
31 years$17,732$12,553$8,706$5,933$3,988$836
32 years$16,991$11,878$8,122$5,453$3,608$711
33 years$16,297$11,249$7,584$5,015$3,265$604
34 years$15,645$10,661$7,086$4,614$2,956$514
35 years$15,031$10,112$6,625$4,247$2,677$437
36 years$14,453$9,598$6,197$3,912$2,426$372
37 years$13,907$9,116$5,801$3,604$2,199$316
38 years$13,392$8,663$5,432$3,322$1,993$269
39 years$12,904$8,238$5,089$3,063$1,808$229
40 years$12,441$7,838$4,770$2,825$1,640$195
41 years$12,002$7,461$4,473$2,607$1,487$166
42 years$11,586$7,105$4,196$2,406$1,350$141
43 years$11,189$6,770$3,937$2,221$1,225$120
44 years$10,812$6,453$3,696$2,050$1,112$102
45 years$10,453$6,154$3,470$1,894$1,009$87
46 years$10,110$5,870$3,259$1,749$916$74
47 years$9,783$5,602$3,062$1,616$832$63
48 years$9,470$5,348$2,877$1,493$756$54
49 years$9,171$5,107$2,705$1,380$686$46
50 years$8,885$4,878$2,543$1,276$623$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $9,100,000, adding $4,752 every year, while hoping to spend $27,403 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: 78/16/6 Blend
68$9,100,000$9,100,000$9,100,000$9,100,000
69$10,033,102$9,550,802$9,409,752$10,810,120
70$11,027,321$9,989,634$9,695,822$11,759,149
71$12,122,033$10,449,051$9,990,557$12,795,587
72$13,327,458$10,930,033$10,294,218$13,931,365
73$14,654,859$11,433,605$10,607,075$15,176,353
74$16,116,648$11,960,844$10,929,404$16,541,417
75$17,726,498$12,512,878$11,261,492$18,038,520
76$19,499,481$13,090,889$11,603,632$19,680,830
77$21,452,202$13,696,116$11,956,128$21,482,850
78$23,602,960$14,329,859$12,319,291$23,460,544
79$25,971,917$14,993,478$12,693,443$25,631,493
80$28,581,295$15,688,400$13,078,915$28,015,057
81$31,455,576$16,416,121$13,476,048$30,632,553
82$34,621,742$17,178,208$13,885,193$33,507,458
83$38,109,524$17,976,305$14,306,711$36,665,626
84$41,951,686$18,812,134$14,740,977$40,135,532
85$46,184,331$19,687,501$15,188,372$43,948,536
86$50,847,243$20,604,299$15,649,292$48,139,176
87$55,984,263$21,564,511$16,124,145$52,745,496
88$61,643,703$22,570,218$16,613,349$57,809,397
89$67,878,801$23,623,599$17,117,337$63,377,033
90$74,748,224$24,726,940$17,636,553$69,499,243
91$82,316,620$25,882,637$18,171,454$76,232,027
92$90,655,230$27,093,201$18,722,513$83,637,073
93$99,842,562$28,361,267$19,290,216$91,782,334
94$109,965,128$29,689,593$19,875,062$100,742,667
95$121,118,261$31,081,074$20,477,567$110,600,535
96$133,407,021$32,538,743$21,098,262$121,446,783
97$146,947,176$34,065,780$21,737,694$133,381,492
98$161,866,306$35,665,521$22,396,424$146,514,917
99$178,304,998$37,341,461$23,075,033$160,968,525
100$196,418,179$39,097,263$23,774,118$176,876,137