Can I retire at age 69 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,083,371
2 years$568,242$557,659$547,403$537,458$527,812$502,724
3 years$375,065$364,436$354,206$344,355$334,866$310,508
4 years$278,495$267,899$257,771$248,088$238,829$215,389
5 years$220,569$210,036$200,041$190,555$181,554$159,098
6 years$181,964$171,510$161,663$152,389$143,658$122,209
7 years$154,399$144,034$134,343$125,287$116,832$96,394
8 years$133,736$123,464$113,933$105,100$96,923$77,489
9 years$117,672$107,498$98,131$89,522$81,624$63,177
10 years$104,829$94,754$85,552$77,169$69,547$52,070
11 years$94,328$84,354$75,319$67,160$59,813$43,281
12 years$85,583$75,711$66,844$58,908$51,833$36,220
13 years$78,190$68,421$59,720$52,007$45,199$30,477
14 years$71,858$62,193$53,659$46,166$39,621$25,760
15 years$66,375$56,814$48,447$41,172$34,886$21,853
16 years$61,582$52,126$43,924$36,865$30,832$18,596
17 years$57,358$48,006$39,969$33,123$27,338$15,864
18 years$53,607$44,360$36,487$29,851$24,308$13,563
19 years$50,255$41,112$33,402$26,973$21,666$11,617
20 years$47,242$38,203$30,655$24,429$19,352$9,966
21 years$44,519$35,585$28,196$22,171$17,318$8,560
22 years$42,047$33,217$25,987$20,158$15,523$7,361
23 years$39,794$31,067$23,995$18,359$13,935$6,336
24 years$37,731$29,108$22,191$16,744$12,525$5,458
25 years$35,836$27,317$20,553$15,292$11,270$4,705
26 years$34,090$25,673$19,062$13,982$10,152$4,058
27 years$32,476$24,161$17,701$12,798$9,153$3,502
28 years$30,980$22,767$16,455$11,726$8,259$3,024
29 years$29,590$21,478$15,313$10,753$7,457$2,612
30 years$28,294$20,284$14,264$9,868$6,738$2,257
31 years$27,085$19,175$13,297$9,063$6,092$1,950
32 years$25,954$18,144$12,407$8,329$5,511$1,686
33 years$24,893$17,182$11,584$7,660$4,987$1,458
34 years$23,897$16,285$10,824$7,047$4,515$1,261
35 years$22,960$15,446$10,119$6,488$4,090$1,090
36 years$22,076$14,660$9,466$5,975$3,705$943
37 years$21,243$13,924$8,860$5,505$3,358$816
38 years$20,455$13,233$8,297$5,074$3,045$706
39 years$19,710$12,583$7,774$4,679$2,761$611
40 years$19,003$11,972$7,286$4,315$2,504$529
41 years$18,333$11,396$6,832$3,981$2,272$458
42 years$17,697$10,853$6,409$3,674$2,062$396
43 years$17,091$10,341$6,014$3,392$1,871$343
44 years$16,515$9,857$5,645$3,132$1,698$297
45 years$15,966$9,400$5,301$2,892$1,542$257
46 years$15,442$8,967$4,978$2,672$1,400$222
47 years$14,943$8,557$4,677$2,468$1,271$192
48 years$14,465$8,169$4,395$2,281$1,154$167
49 years$14,008$7,801$4,131$2,108$1,048$144
50 years$13,571$7,452$3,884$1,948$952$125

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $13,900,000, adding $2,194 every year, while hoping to spend $46,324 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: 56/36/8 Blend
68$13,900,000$13,900,000$13,900,000$13,900,000
69$15,320,063$14,583,363$14,367,913$16,149,342
70$16,833,421$15,248,660$14,799,950$17,374,221
71$18,499,589$15,945,003$15,244,907$18,702,323
72$20,334,105$16,673,866$15,703,169$20,147,701
73$22,354,089$17,436,791$16,175,131$21,721,534
74$24,578,408$18,235,395$16,661,199$23,436,111
75$27,027,849$19,071,373$17,161,794$25,304,934
76$29,725,321$19,946,502$17,677,345$27,342,847
77$32,696,065$20,862,641$18,208,297$29,566,167
78$35,967,895$21,821,742$18,755,106$31,992,834
79$39,571,462$22,825,850$19,318,244$34,642,573
80$43,540,541$23,877,106$19,898,195$37,537,077
81$47,912,349$24,977,756$20,495,457$40,700,202
82$52,727,897$26,130,155$21,110,543$44,158,189
83$58,032,378$27,336,769$21,743,983$47,939,903
84$63,875,593$28,600,183$22,396,319$52,077,099
85$70,312,420$29,923,107$23,068,111$56,604,712
86$77,403,330$31,308,383$23,759,936$61,561,181
87$85,214,963$32,758,987$24,472,387$66,988,805
88$93,820,752$34,278,040$25,206,075$72,934,130
89$103,301,618$35,868,814$25,961,628$79,448,381
90$113,746,733$37,534,736$26,739,693$86,587,937
91$125,254,364$39,279,402$27,540,937$94,414,852
92$137,932,795$41,106,579$28,366,044$102,997,431
93$151,901,354$43,020,215$29,215,720$112,410,863
94$167,291,538$45,024,451$30,090,693$122,737,921
95$184,248,252$47,123,627$30,991,708$134,069,730
96$202,931,180$49,322,291$31,919,537$146,506,616
97$223,516,290$51,625,212$32,874,970$160,159,038
98$246,197,493$54,037,389$33,858,824$175,148,620
99$271,188,479$56,564,063$34,871,936$191,609,281
100$298,724,730$59,210,728$35,915,171$209,688,489