Can I retire at age 69 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$924,886$916,647$908,609$900,764$893,104$878,670
2 years$457,864$449,337$441,073$433,060$425,287$410,785
3 years$302,211$293,647$285,403$277,466$269,820$255,701
4 years$224,399$215,861$207,700$199,898$192,438$178,811
5 years$177,725$169,238$161,184$153,541$146,288$133,192
6 years$146,618$138,195$130,261$122,788$115,753$103,203
7 years$124,408$116,056$108,247$100,951$94,138$82,138
8 years$107,758$99,482$91,802$84,685$78,097$66,645
9 years$94,815$86,617$79,069$72,133$65,769$54,859
10 years$84,467$76,348$68,934$62,179$56,038$45,661
11 years$76,005$67,969$60,689$54,115$48,195$38,339
12 years$68,959$61,005$53,860$47,466$41,764$32,419
13 years$63,002$55,131$48,120$41,905$36,419$27,569
14 years$57,900$50,112$43,236$37,199$31,925$23,556
15 years$53,482$45,778$39,036$33,175$28,109$20,206
16 years$49,620$42,001$35,392$29,704$24,843$17,389
17 years$46,216$38,681$32,205$26,689$22,028$15,006
18 years$43,194$35,743$29,399$24,052$19,586$12,980
19 years$40,493$33,126$26,914$21,733$17,457$11,250
20 years$38,065$30,783$24,700$19,684$15,593$9,767
21 years$35,871$28,673$22,719$17,864$13,954$8,493
22 years$33,880$26,765$20,939$16,243$12,508$7,393
23 years$32,064$25,033$19,334$14,793$11,228$6,444
24 years$30,402$23,454$17,881$13,492$10,092$5,621
25 years$28,875$22,010$16,561$12,321$9,081$4,907
26 years$27,468$20,686$15,359$11,266$8,180$4,288
27 years$26,168$19,468$14,263$10,312$7,375$3,748
28 years$24,962$18,345$13,259$9,448$6,655$3,279
29 years$23,842$17,306$12,339$8,664$6,009$2,869
30 years$22,798$16,344$11,493$7,951$5,429$2,512
31 years$21,824$15,450$10,715$7,303$4,909$2,200
32 years$20,912$14,619$9,997$6,711$4,440$1,927
33 years$20,058$13,845$9,334$6,172$4,018$1,689
34 years$19,255$13,122$8,721$5,679$3,638$1,480
35 years$18,500$12,446$8,154$5,227$3,295$1,297
36 years$17,788$11,813$7,628$4,814$2,986$1,138
37 years$17,117$11,219$7,139$4,436$2,706$998
38 years$16,482$10,662$6,686$4,089$2,453$875
39 years$15,881$10,139$6,264$3,770$2,225$768
40 years$15,312$9,646$5,871$3,477$2,018$673
41 years$14,772$9,182$5,505$3,208$1,831$591
42 years$14,259$8,745$5,164$2,961$1,661$518
43 years$13,771$8,332$4,846$2,733$1,508$455
44 years$13,307$7,942$4,549$2,524$1,368$399
45 years$12,865$7,574$4,271$2,331$1,242$350
46 years$12,443$7,225$4,011$2,153$1,128$307
47 years$12,040$6,895$3,769$1,989$1,024$270
48 years$11,655$6,582$3,541$1,838$930$237
49 years$11,287$6,286$3,329$1,698$845$208
50 years$10,935$6,004$3,130$1,570$767$183

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $11,200,000, adding $6,285 every year, while hoping to spend $38,091 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: 77/14/9 Blend
68$11,200,000$11,200,000$11,200,000$11,200,000
69$12,348,883$11,755,283$11,581,683$13,281,599
70$13,567,941$12,290,763$11,929,141$14,431,134
71$14,910,065$12,851,206$12,286,962$15,685,683
72$16,387,770$13,437,793$12,655,453$17,060,112
73$18,014,842$14,051,764$13,034,930$18,566,333
74$19,806,474$14,694,419$13,425,719$20,217,458
75$21,779,408$15,367,119$13,828,154$22,027,924
76$23,952,090$16,071,290$14,242,579$24,013,626
77$26,344,848$16,808,428$14,669,350$26,192,065
78$28,980,081$17,580,099$15,108,832$28,582,512
79$31,882,471$18,387,946$15,561,400$31,206,187
80$35,079,218$19,233,690$16,027,442$34,086,458
81$38,600,292$20,119,135$16,507,355$37,249,060
82$42,478,720$21,046,171$17,001,549$40,722,332
83$46,750,895$22,016,779$17,510,447$44,537,486
84$51,456,922$23,033,036$18,034,482$48,728,897
85$56,640,992$24,097,119$18,574,102$53,334,426
86$62,351,805$25,211,310$19,129,766$58,395,774
87$68,643,024$26,377,999$19,701,948$63,958,872
88$75,573,784$27,599,692$20,291,134$70,074,311
89$83,209,250$28,879,018$20,897,828$76,797,821
90$91,621,233$30,218,729$21,522,545$84,190,786
91$100,888,864$31,621,712$22,165,815$92,320,827
92$111,099,345$33,090,992$22,828,187$101,262,434
93$122,348,769$34,629,742$23,510,222$111,097,664
94$134,743,029$36,241,285$24,212,500$121,916,914
95$148,398,816$37,929,106$24,935,617$133,819,767
96$163,444,721$39,696,858$25,680,186$146,915,933
97$180,022,450$41,548,371$26,446,839$161,326,275
98$198,288,157$43,487,659$27,236,225$177,183,947
99$218,413,924$45,518,929$28,049,014$194,635,648
100$240,589,381$47,646,593$28,885,893$213,842,999