Can I retire at age 69 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$875,338$867,541$859,934$852,509$845,259$812,685
2 years$433,336$425,265$417,444$409,860$402,504$370,075
3 years$286,021$277,916$270,114$262,601$255,365$224,101
4 years$212,378$204,297$196,574$189,189$182,129$152,268
5 years$168,204$160,172$152,549$145,316$138,451$110,071
6 years$138,764$130,792$123,282$116,210$109,552$82,671
7 years$117,743$109,839$102,448$95,543$89,095$63,704
8 years$101,985$94,152$86,884$80,148$73,913$49,988
9 years$89,736$81,977$74,833$68,269$62,245$39,752
10 years$79,942$72,258$65,241$58,848$53,036$31,931
11 years$71,933$64,327$57,438$51,216$45,613$25,849
12 years$65,265$57,737$50,974$44,923$39,527$21,053
13 years$59,627$52,177$45,542$39,660$34,468$17,230
14 years$54,798$47,428$40,920$35,206$30,215$14,155
15 years$50,617$43,326$36,945$31,398$26,603$11,666
16 years$46,962$39,751$33,496$28,113$23,512$9,638
17 years$43,741$36,609$30,480$25,259$20,848$7,980
18 years$40,880$33,828$27,824$22,764$18,537$6,618
19 years$38,324$31,352$25,472$20,569$16,522$5,496
20 years$36,026$29,134$23,377$18,629$14,758$4,569
21 years$33,950$27,137$21,502$16,907$13,207$3,803
22 years$32,065$25,331$19,818$15,373$11,838$3,167
23 years$30,346$23,692$18,298$14,000$10,626$2,639
24 years$28,773$22,198$16,923$12,769$9,551$2,201
25 years$27,328$20,831$15,674$11,661$8,595$1,836
26 years$25,997$19,578$14,537$10,662$7,742$1,532
27 years$24,766$18,425$13,499$9,760$6,980$1,279
28 years$23,625$17,362$12,549$8,942$6,298$1,068
29 years$22,565$16,379$11,678$8,200$5,687$892
30 years$21,577$15,468$10,877$7,525$5,139$745
31 years$20,655$14,623$10,141$6,912$4,646$623
32 years$19,792$13,836$9,461$6,352$4,202$520
33 years$18,983$13,103$8,834$5,841$3,803$435
34 years$18,223$12,419$8,254$5,374$3,443$363
35 years$17,509$11,779$7,717$4,947$3,119$304
36 years$16,835$11,180$7,219$4,556$2,826$254
37 years$16,200$10,618$6,757$4,198$2,561$212
38 years$15,599$10,091$6,328$3,869$2,322$177
39 years$15,031$9,596$5,928$3,568$2,106$148
40 years$14,492$9,130$5,556$3,291$1,910$124
41 years$13,981$8,690$5,210$3,036$1,733$104
42 years$13,495$8,277$4,887$2,802$1,572$87
43 years$13,034$7,886$4,586$2,587$1,427$72
44 years$12,594$7,517$4,305$2,388$1,295$61
45 years$12,176$7,168$4,042$2,206$1,176$51
46 years$11,776$6,838$3,796$2,037$1,068$42
47 years$11,395$6,526$3,567$1,882$969$35
48 years$11,031$6,230$3,352$1,739$880$30
49 years$10,683$5,949$3,150$1,607$800$25
50 years$10,349$5,683$2,962$1,486$726$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $10,600,000, adding $2,840 every year, while hoping to spend $50,724 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: 49/33/18 Blend
68$10,600,000$10,600,000$10,600,000$10,600,000
69$11,684,129$11,122,329$10,958,029$12,197,724
70$12,821,941$11,613,354$11,271,154$13,044,454
71$14,074,109$12,126,738$11,593,067$13,958,327
72$15,452,244$12,663,525$11,924,011$14,950,004
73$16,969,141$13,224,805$12,264,233$16,026,818
74$18,638,895$13,811,722$12,613,987$17,196,824
75$20,477,039$14,425,473$12,973,532$18,468,873
76$22,500,689$15,067,314$13,343,138$19,852,690
77$24,728,703$15,738,556$13,723,077$21,358,965
78$27,181,863$16,440,577$14,113,632$22,999,449
79$29,883,066$17,174,819$14,515,092$24,787,057
80$32,857,545$17,942,791$14,927,753$26,735,995
81$36,133,102$18,746,075$15,351,920$28,861,878
82$39,740,374$19,586,329$15,787,906$31,181,883
83$43,713,122$20,465,288$16,236,030$33,714,899
84$48,088,546$21,384,773$16,696,623$36,481,706
85$52,907,639$22,346,688$17,170,020$39,505,162
86$58,215,572$23,353,029$17,656,570$42,810,413
87$64,062,122$24,405,889$18,156,627$46,425,128
88$70,502,139$25,507,459$18,670,555$50,379,753
89$77,596,068$26,660,035$19,198,729$54,707,791
90$85,410,512$27,866,022$19,741,532$59,446,110
91$94,018,869$29,127,941$20,299,357$64,635,289
92$103,502,017$30,448,434$20,872,609$70,319,992
93$113,949,083$31,830,268$21,461,702$76,549,380
94$125,458,280$33,276,342$22,067,060$83,377,569
95$138,137,837$34,789,694$22,689,119$90,864,133
96$152,107,017$36,373,510$23,328,325$99,074,658
97$167,497,245$38,031,125$23,985,137$108,081,352
98$184,453,350$39,766,036$24,660,024$117,963,716
99$203,134,925$41,581,905$25,353,469$128,809,287
100$223,717,843$43,482,574$26,065,965$140,714,452