Can I retire at age 69 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,195,905
2 years$629,563$617,838$606,475$595,457$584,770$552,636
3 years$415,540$403,764$392,429$381,515$371,002$339,852
4 years$308,549$296,809$285,588$274,860$264,602$234,675
5 years$244,371$232,702$221,628$211,119$201,146$172,526
6 years$201,600$190,019$179,108$168,834$159,160$131,874
7 years$171,061$159,577$148,840$138,807$129,440$103,490
8 years$148,168$136,787$126,228$116,442$107,383$82,756
9 years$130,371$119,098$108,720$99,183$90,432$67,107
10 years$116,142$104,979$94,785$85,497$77,052$55,001
11 years$104,507$93,457$83,447$74,408$66,268$45,455
12 years$94,819$83,882$74,057$65,265$57,426$37,816
13 years$86,627$75,805$66,165$57,620$50,077$31,629
14 years$79,612$68,904$59,450$51,148$43,897$26,569
15 years$73,538$62,945$53,675$45,615$38,650$22,398
16 years$68,228$57,751$48,664$40,844$34,159$18,938
17 years$63,548$53,187$44,283$36,698$30,288$16,051
18 years$59,392$49,147$40,424$33,072$26,931$13,632
19 years$55,678$45,549$37,006$29,883$24,004$11,598
20 years$52,340$42,326$33,963$27,065$21,441$9,882
21 years$49,323$39,425$31,239$24,563$19,187$8,430
22 years$46,585$36,802$28,792$22,334$17,198$7,198
23 years$44,088$34,420$26,584$20,340$15,438$6,152
24 years$41,803$32,249$24,586$18,551$13,876$5,262
25 years$39,704$30,264$22,771$16,942$12,487$4,504
26 years$37,769$28,444$21,119$15,491$11,247$3,857
27 years$35,981$26,769$19,611$14,179$10,141$3,304
28 years$34,323$25,224$18,231$12,991$9,150$2,832
29 years$32,783$23,796$16,966$11,913$8,262$2,428
30 years$31,348$22,473$15,803$10,933$7,465$2,082
31 years$30,008$21,244$14,732$10,041$6,749$1,786
32 years$28,754$20,101$13,746$9,228$6,105$1,533
33 years$27,579$19,036$12,834$8,486$5,525$1,315
34 years$26,475$18,042$11,992$7,808$5,003$1,129
35 years$25,437$17,113$11,211$7,188$4,531$969
36 years$24,459$16,242$10,488$6,620$4,105$832
37 years$23,535$15,427$9,817$6,099$3,721$714
38 years$22,663$14,661$9,193$5,622$3,373$613
39 years$21,837$13,941$8,613$5,183$3,059$527
40 years$21,054$13,264$8,073$4,781$2,775$452
41 years$20,312$12,626$7,570$4,411$2,517$388
42 years$19,606$12,024$7,101$4,071$2,284$334
43 years$18,936$11,457$6,663$3,758$2,073$287
44 years$18,297$10,921$6,254$3,470$1,882$246
45 years$17,689$10,414$5,873$3,204$1,708$211
46 years$17,109$9,934$5,516$2,960$1,551$182
47 years$16,555$9,481$5,182$2,735$1,408$156
48 years$16,026$9,050$4,869$2,527$1,279$134
49 years$15,520$8,643$4,577$2,335$1,162$115
50 years$15,036$8,256$4,303$2,159$1,055$99

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $15,400,000, adding $6,326 every year, while hoping to spend $56,470 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: 70/11/19 Blend
68$15,400,000$15,400,000$15,400,000$15,400,000
69$16,977,325$16,161,125$15,922,425$18,087,205
70$18,648,929$16,892,937$16,395,743$19,559,606
71$20,489,143$17,658,714$16,883,024$21,163,353
72$22,515,107$18,460,063$17,384,677$22,917,318
73$24,745,706$19,298,664$17,901,121$24,836,348
74$27,201,749$20,176,279$18,432,789$26,936,780
75$29,906,165$21,094,754$18,980,126$29,236,606
76$32,884,221$22,056,025$19,543,588$31,755,628
77$36,163,760$23,062,118$20,123,646$34,515,650
78$39,775,460$24,115,159$20,720,785$37,540,678
79$43,753,128$25,217,373$21,335,502$40,857,146
80$48,134,016$26,371,093$21,968,310$44,494,161
81$52,959,174$27,578,764$22,619,737$48,483,773
82$58,273,836$28,842,950$23,290,324$52,861,278
83$64,127,847$30,166,334$23,980,630$57,665,548
84$70,576,135$31,551,732$24,691,228$62,939,391
85$77,679,226$33,002,093$25,422,710$68,729,953
86$85,503,820$34,520,508$26,175,683$75,089,162
87$94,123,413$36,110,216$26,950,772$82,074,212
88$103,618,998$37,774,613$27,748,620$89,748,097
89$114,079,825$39,517,259$28,569,888$98,180,206
90$125,604,244$41,341,882$29,415,256$107,446,971
91$138,300,635$43,252,392$30,285,425$117,632,584
92$152,288,428$45,252,887$31,181,115$128,829,788
93$167,699,231$47,347,662$32,103,066$141,140,748
94$184,678,074$49,541,219$33,052,040$154,678,009
95$203,384,775$51,838,276$34,028,821$169,565,552
96$223,995,449$54,243,779$35,034,214$185,939,963
97$246,704,173$56,762,913$36,069,048$203,951,713
98$271,724,815$59,401,111$37,134,177$223,766,576
99$299,293,052$62,164,071$38,230,478$245,567,182
100$329,668,596$65,057,764$39,358,852$269,554,740