Can I retire at age 69 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,053,435
2 years$543,714$533,587$523,774$514,258$505,029$497,843
3 years$358,875$348,705$338,916$329,490$320,411$313,387
4 years$266,474$256,335$246,644$237,379$228,520$221,711
5 years$211,048$200,970$191,406$182,330$173,717$167,144
6 years$174,109$164,107$154,685$145,811$137,456$131,128
7 years$147,735$137,817$128,544$119,879$111,789$105,708
8 years$127,963$118,135$109,015$100,564$92,740$86,906
9 years$112,593$102,857$93,895$85,658$78,100$72,512
10 years$100,304$90,664$81,860$73,838$66,545$61,201
11 years$90,256$80,713$72,068$64,261$57,231$52,126
12 years$81,889$72,443$63,958$56,366$49,595$44,725
13 years$74,814$65,468$57,143$49,762$43,248$38,607
14 years$68,756$59,508$51,343$44,173$37,911$33,494
15 years$63,510$54,362$46,356$39,395$33,380$29,181
16 years$58,924$49,876$42,028$35,274$29,501$25,515
17 years$54,882$45,934$38,244$31,693$26,158$22,377
18 years$51,293$42,445$34,912$28,562$23,258$19,677
19 years$48,086$39,338$31,960$25,808$20,731$17,341
20 years$45,202$36,554$29,331$23,374$18,517$15,313
21 years$42,597$34,049$26,979$21,214$16,571$13,545
22 years$40,232$31,783$24,866$19,288$14,853$11,999
23 years$38,076$29,726$22,959$17,566$13,333$10,643
24 years$36,102$27,852$21,233$16,021$11,984$9,451
25 years$34,289$26,137$19,666$14,632$10,784$8,401
26 years$32,619$24,565$18,239$13,378$9,714$7,474
27 years$31,074$23,119$16,937$12,246$8,758$6,655
28 years$29,643$21,784$15,745$11,220$7,902$5,930
29 years$28,312$20,551$14,652$10,289$7,136$5,287
30 years$27,073$19,408$13,648$9,442$6,447$4,716
31 years$25,916$18,347$12,723$8,672$5,829$4,209
32 years$24,833$17,360$11,871$7,970$5,273$3,758
33 years$23,818$16,441$11,084$7,329$4,772$3,357
34 years$22,865$15,582$10,356$6,743$4,320$2,999
35 years$21,968$14,779$9,683$6,208$3,913$2,681
36 years$21,123$14,028$9,058$5,717$3,546$2,397
37 years$20,326$13,323$8,478$5,267$3,213$2,143
38 years$19,572$12,662$7,939$4,855$2,913$1,917
39 years$18,859$12,040$7,438$4,477$2,642$1,715
40 years$18,183$11,455$6,972$4,129$2,396$1,534
41 years$17,542$10,904$6,537$3,810$2,174$1,373
42 years$16,933$10,385$6,132$3,516$1,973$1,229
43 years$16,354$9,895$5,754$3,245$1,790$1,100
44 years$15,802$9,432$5,401$2,997$1,625$985
45 years$15,277$8,994$5,072$2,768$1,475$882
46 years$14,776$8,580$4,764$2,556$1,339$789
47 years$14,298$8,188$4,475$2,362$1,216$707
48 years$13,841$7,816$4,205$2,182$1,105$633
49 years$13,404$7,464$3,953$2,017$1,003$567
50 years$12,985$7,130$3,716$1,864$911$508

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,300,000, adding $2,054 every year, while hoping to spend $28,136 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: 55/36/9 Blend
68$13,300,000$13,300,000$13,300,000$13,300,000
69$14,658,719$13,953,819$13,747,669$15,432,746
70$16,123,972$14,607,619$14,178,279$16,610,251
71$17,737,737$15,292,513$14,622,372$17,888,377
72$19,515,134$16,009,994$15,080,369$19,279,282
73$21,472,822$16,761,628$15,552,706$20,793,696
74$23,629,160$17,549,058$16,039,831$22,443,406
75$26,004,376$18,374,003$16,542,208$24,241,368
76$28,620,763$19,238,270$17,060,312$26,201,818
77$31,502,886$20,143,751$17,594,638$28,340,405
78$34,677,813$21,092,428$18,145,691$30,674,333
79$38,175,375$22,086,381$18,713,997$33,222,516
80$42,028,442$23,127,792$19,300,094$36,005,749
81$46,273,235$24,218,946$19,904,539$39,046,903
82$50,949,671$25,362,240$20,527,907$42,371,129
83$56,101,735$26,560,188$21,170,790$46,006,090
84$61,777,898$27,815,423$21,833,797$49,982,218
85$68,031,574$29,130,710$22,517,560$54,332,988
86$74,921,624$30,508,944$23,222,727$59,095,230
87$82,512,910$31,953,162$23,949,969$64,309,466
88$90,876,909$33,466,549$24,699,976$70,020,286
89$100,092,388$35,052,445$25,473,459$76,276,758
90$110,246,146$36,714,349$26,271,155$83,132,880
91$121,433,834$38,455,933$27,093,819$90,648,084
92$133,760,858$40,281,047$27,942,235$98,887,783
93$147,343,372$42,193,725$28,817,206$107,923,978
94$162,309,378$44,198,199$29,719,565$117,835,924
95$178,799,932$46,298,908$30,650,168$128,710,873
96$196,970,475$48,500,505$31,609,898$140,644,876
97$216,992,301$50,807,867$32,599,667$153,743,683
98$239,054,174$53,226,111$33,620,415$168,123,723
99$263,364,112$55,760,603$34,673,111$183,913,190
100$290,151,345$58,416,966$35,758,754$201,253,240