Can I retire at age 69 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$916,628$908,463$900,497$892,722$885,130$865,843
2 years$453,776$445,325$437,134$429,193$421,490$402,157
3 years$299,512$291,025$282,855$274,988$267,411$248,633
4 years$222,396$213,934$205,846$198,114$190,720$172,643
5 years$176,138$167,727$159,745$152,170$144,982$127,658
6 years$145,309$136,962$129,098$121,692$114,719$98,165
7 years$123,297$115,020$107,281$100,049$93,298$77,517
8 years$106,796$98,593$90,983$83,929$77,399$62,386
9 years$93,968$85,843$78,363$71,489$65,181$50,925
10 years$83,712$75,667$68,319$61,624$55,538$42,024
11 years$75,327$67,362$60,147$53,631$47,764$34,975
12 years$68,343$60,460$53,379$47,042$41,392$29,307
13 years$62,439$54,638$47,690$41,531$36,094$24,693
14 years$57,383$49,665$42,850$36,867$31,640$20,900
15 years$53,004$45,370$38,688$32,879$27,858$17,755
16 years$49,177$41,626$35,076$29,439$24,621$15,130
17 years$45,804$38,336$31,918$26,451$21,831$12,926
18 years$42,808$35,424$29,137$23,838$19,411$11,068
19 years$40,132$32,831$26,673$21,539$17,302$9,494
20 years$37,725$30,508$24,480$19,508$15,454$8,156
21 years$35,551$28,417$22,517$17,705$13,830$7,017
22 years$33,577$26,526$20,752$16,098$12,396$6,043
23 years$31,778$24,809$19,161$14,660$11,128$5,210
24 years$30,131$23,245$17,721$13,371$10,002$4,495
25 years$28,618$21,814$16,413$12,211$9,000$3,881
26 years$27,223$20,502$15,222$11,165$8,107$3,353
27 years$25,934$19,294$14,135$10,220$7,309$2,898
28 years$24,739$18,181$13,141$9,364$6,595$2,506
29 years$23,629$17,152$12,228$8,587$5,955$2,168
30 years$22,595$16,198$11,390$7,880$5,381$1,877
31 years$21,629$15,312$10,619$7,238$4,865$1,624
32 years$20,726$14,489$9,908$6,652$4,401$1,407
33 years$19,878$13,721$9,251$6,117$3,983$1,218
34 years$19,083$13,004$8,643$5,628$3,606$1,055
35 years$18,335$12,334$8,081$5,181$3,266$914
36 years$17,629$11,707$7,560$4,771$2,959$792
37 years$16,964$11,119$7,076$4,396$2,682$687
38 years$16,335$10,567$6,626$4,052$2,431$595
39 years$15,740$10,048$6,208$3,736$2,205$516
40 years$15,175$9,560$5,819$3,446$2,000$447
41 years$14,640$9,100$5,456$3,179$1,814$388
42 years$14,132$8,667$5,118$2,934$1,646$336
43 years$13,649$8,258$4,802$2,709$1,494$291
44 years$13,188$7,871$4,508$2,501$1,356$253
45 years$12,750$7,506$4,233$2,310$1,231$219
46 years$12,332$7,161$3,976$2,134$1,118$190
47 years$11,933$6,833$3,735$1,971$1,015$165
48 years$11,551$6,523$3,510$1,821$922$143
49 years$11,186$6,229$3,299$1,683$837$124
50 years$10,837$5,951$3,102$1,556$760$107

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $11,100,000, adding $6,876 every year, while hoping to spend $21,218 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: 47/38/15 Blend
68$11,100,000$11,100,000$11,100,000$11,100,000
69$12,239,293$11,650,993$11,478,943$12,762,553
70$13,465,125$12,199,315$11,840,911$13,674,271
71$14,815,280$12,773,795$12,214,295$14,660,505
72$16,302,419$13,375,690$12,599,453$15,730,442
73$17,940,488$14,006,322$12,996,758$16,891,893
74$19,744,860$14,667,074$13,406,592$18,153,429
75$21,732,473$15,359,398$13,829,350$19,524,463
76$23,921,993$16,084,816$14,265,440$21,015,333
77$26,333,986$16,844,922$14,715,283$22,637,392
78$28,991,120$17,641,390$15,179,311$24,403,115
79$31,918,369$18,475,974$15,657,974$26,326,207
80$35,143,258$19,350,512$16,151,731$28,421,726
81$38,696,116$20,266,932$16,661,060$30,706,225
82$42,610,365$21,227,257$17,186,451$33,197,896
83$46,922,836$22,233,606$17,728,410$35,916,739
84$51,674,115$23,288,202$18,287,461$38,884,743
85$56,908,926$24,393,376$18,864,143$42,126,083
86$62,676,555$25,551,570$19,459,010$45,667,349
87$69,031,315$26,765,348$20,072,638$49,537,781
88$76,033,055$28,037,396$20,705,618$53,769,540
89$83,747,730$29,370,532$21,358,559$58,398,005
90$92,248,020$30,767,710$22,032,093$63,462,094
91$101,614,017$32,232,027$22,726,867$69,004,627
92$111,933,982$33,766,731$23,443,552$75,072,715
93$123,305,176$35,375,229$24,182,839$81,718,200
94$135,834,781$37,061,092$24,945,441$88,998,128
95$149,640,909$38,828,066$25,732,093$96,975,283
96$164,853,718$40,680,077$26,543,554$105,718,761
97$181,616,640$42,621,243$27,380,606$115,304,615
98$200,087,737$44,655,884$28,244,057$125,816,557
99$220,441,192$46,788,528$29,134,738$137,346,739
100$242,868,951$49,023,923$30,053,509$149,996,604