Can I retire at age 69 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,115,865
2 years$576,418$565,683$555,279$545,191$535,407$526,849
3 years$380,462$369,680$359,302$349,309$339,684$331,321
4 years$282,503$271,754$261,480$251,658$242,265$234,163
5 years$223,742$213,058$202,919$193,297$184,166$176,348
6 years$184,582$173,978$163,989$154,581$145,725$138,199
7 years$156,621$146,107$136,275$127,090$118,513$111,285
8 years$135,660$125,240$115,572$106,613$98,318$91,387
9 years$119,365$109,044$99,543$90,810$82,798$76,163
10 years$106,337$96,117$86,783$78,279$70,548$64,204
11 years$95,685$85,567$76,403$68,126$60,674$54,617
12 years$86,815$76,801$67,805$59,756$52,579$46,803
13 years$79,315$69,405$60,580$52,756$45,849$40,350
14 years$72,892$63,088$54,431$46,831$40,191$34,960
15 years$67,330$57,632$49,144$41,765$35,388$30,418
16 years$62,468$52,876$44,556$37,396$31,276$26,560
17 years$58,183$48,697$40,544$33,600$27,731$23,261
18 years$54,378$44,998$37,012$30,280$24,657$20,425
19 years$50,978$41,704$33,883$27,361$21,978$17,975
20 years$47,921$38,753$31,096$24,780$19,631$15,850
21 years$45,160$36,097$28,602$22,490$17,567$13,999
22 years$42,652$33,695$26,361$20,448$15,747$12,382
23 years$40,366$31,514$24,340$18,623$14,135$10,967
24 years$38,274$29,527$22,510$16,985$12,705$9,724
25 years$36,352$27,710$20,849$15,512$11,433$8,630
26 years$34,581$26,043$19,336$14,183$10,298$7,666
27 years$32,943$24,509$17,956$12,982$9,285$6,815
28 years$31,426$23,095$16,692$11,894$8,378$6,063
29 years$30,015$21,787$15,533$10,907$7,565$5,397
30 years$28,702$20,576$14,469$10,010$6,835$4,806
31 years$27,475$19,451$13,489$9,194$6,180$4,283
32 years$26,327$18,405$12,585$8,449$5,590$3,817
33 years$25,251$17,429$11,751$7,770$5,059$3,404
34 years$24,241$16,519$10,979$7,149$4,580$3,037
35 years$23,290$15,668$10,265$6,581$4,149$2,709
36 years$22,394$14,871$9,603$6,061$3,759$2,418
37 years$21,549$14,124$8,988$5,584$3,407$2,159
38 years$20,750$13,423$8,417$5,147$3,089$1,928
39 years$19,993$12,764$7,886$4,746$2,801$1,721
40 years$19,277$12,144$7,391$4,377$2,540$1,538
41 years$18,597$11,560$6,931$4,039$2,305$1,374
42 years$17,951$11,009$6,501$3,727$2,091$1,227
43 years$17,337$10,490$6,100$3,441$1,898$1,097
44 years$16,753$9,999$5,726$3,177$1,723$980
45 years$16,196$9,535$5,377$2,934$1,564$876
46 years$15,665$9,096$5,050$2,710$1,420$783
47 years$15,158$8,680$4,744$2,504$1,289$700
48 years$14,673$8,286$4,458$2,314$1,171$626
49 years$14,210$7,913$4,191$2,138$1,064$559
50 years$13,767$7,559$3,940$1,976$966$500

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $14,100,000, adding $2,066 every year, while hoping to spend $56,325 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: 61/17/22 Blend
68$14,100,000$14,100,000$14,100,000$14,100,000
69$15,540,331$14,793,031$14,574,481$16,398,196
70$17,065,515$15,457,960$15,002,797$17,644,254
71$18,744,381$16,153,583$15,443,573$18,997,238
72$20,592,543$16,881,344$15,897,169$20,472,677
73$22,627,210$17,642,757$16,363,951$22,082,492
74$24,867,340$18,439,408$16,844,298$23,839,798
75$27,333,827$19,272,957$17,338,601$25,759,022
76$30,049,691$20,145,145$17,847,257$27,856,043
77$33,040,300$21,057,797$18,370,680$30,148,331
78$36,333,604$22,012,823$18,909,292$32,655,113
79$39,960,407$23,012,227$19,463,528$35,397,551
80$43,954,648$24,058,105$20,033,836$38,398,936
81$48,353,727$25,152,657$20,620,675$41,684,907
82$53,198,857$26,298,187$21,224,517$45,283,685
83$58,535,451$27,497,109$21,845,849$49,226,340
84$64,413,553$28,751,953$22,485,171$53,547,077
85$70,888,307$30,065,371$23,142,996$58,283,554
86$78,020,480$31,440,139$23,819,851$63,477,237
87$85,877,034$32,879,171$24,516,281$69,173,781
88$94,531,757$34,385,517$25,232,843$75,423,460
89$104,065,964$35,962,374$25,970,111$82,281,635
90$114,569,257$37,613,095$26,728,674$89,809,271
91$126,140,375$39,341,191$27,509,138$98,073,507
92$138,888,126$41,150,343$28,312,128$107,148,284
93$152,932,414$43,044,408$29,138,283$117,115,037
94$168,405,366$45,027,430$29,988,261$128,063,457
95$185,452,585$47,103,646$30,862,740$140,092,331
96$204,234,522$49,277,497$31,762,415$153,310,466
97$224,927,988$51,553,640$32,688,000$167,837,712
98$247,727,827$53,936,952$33,640,232$183,806,084
99$272,848,750$56,432,547$34,619,865$201,361,000
100$300,527,367$59,045,786$35,627,675$220,662,646