Can I retire at age 69 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,356,789
2 years$715,413$702,089$689,176$676,656$664,512$625,825
3 years$472,204$458,823$445,942$433,540$421,594$384,117
4 years$350,624$337,283$324,532$312,341$300,684$264,706
5 years$277,695$264,434$251,850$239,908$228,575$194,195
6 years$229,091$215,930$203,532$191,856$180,864$148,113
7 years$194,388$181,338$169,136$157,736$147,091$115,970
8 years$168,372$155,440$143,441$132,321$122,026$92,519
9 years$148,149$135,339$123,546$112,708$102,763$74,842
10 years$131,979$119,294$107,710$97,155$87,560$61,187
11 years$118,758$106,201$94,826$84,554$75,304$50,439
12 years$107,749$95,320$84,156$74,165$65,257$41,852
13 years$98,440$86,142$75,188$65,477$56,905$34,910
14 years$90,468$78,300$67,556$58,123$49,883$29,245
15 years$83,566$71,529$60,994$51,836$43,921$24,585
16 years$77,532$65,626$55,300$46,413$38,817$20,727
17 years$72,213$60,439$50,321$41,702$34,418$17,516
18 years$67,491$55,849$45,937$37,582$30,603$14,833
19 years$63,271$51,760$42,053$33,958$27,277$12,582
20 years$59,477$48,098$38,594$30,756$24,364$10,687
21 years$56,049$44,801$35,499$27,913$21,803$9,089
22 years$52,937$41,820$32,718$25,379$19,544$7,737
23 years$50,100$39,114$30,209$23,113$17,544$6,592
24 years$47,503$36,647$27,938$21,081$15,769$5,620
25 years$45,118$34,391$25,877$19,252$14,189$4,795
26 years$42,919$32,322$23,999$17,603$12,781$4,093
27 years$40,887$30,419$22,285$16,113$11,523$3,495
28 years$39,004$28,664$20,717$14,763$10,398$2,986
29 years$37,253$27,041$19,279$13,538$9,389$2,552
30 years$35,622$25,537$17,958$12,424$8,483$2,181
31 years$34,100$24,141$16,741$11,411$7,670$1,865
32 years$32,675$22,843$15,620$10,487$6,938$1,595
33 years$31,340$21,632$14,585$9,643$6,279$1,364
34 years$30,086$20,502$13,627$8,873$5,685$1,167
35 years$28,906$19,446$12,740$8,168$5,149$998
36 years$27,794$18,457$11,918$7,522$4,665$854
37 years$26,745$17,530$11,155$6,931$4,228$731
38 years$25,753$16,660$10,446$6,388$3,833$625
39 years$24,815$15,842$9,787$5,890$3,476$535
40 years$23,925$15,072$9,173$5,433$3,153$458
41 years$23,082$14,347$8,602$5,013$2,860$392
42 years$22,280$13,664$8,069$4,626$2,596$336
43 years$21,518$13,019$7,571$4,270$2,356$287
44 years$20,792$12,410$7,107$3,943$2,138$246
45 years$20,101$11,834$6,673$3,641$1,941$211
46 years$19,442$11,289$6,268$3,364$1,762$180
47 years$18,813$10,773$5,888$3,108$1,600$154
48 years$18,211$10,285$5,534$2,872$1,453$132
49 years$17,636$9,821$5,201$2,654$1,320$113
50 years$17,086$9,382$4,890$2,453$1,199$97

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $17,500,000, adding $3,951 every year, while hoping to spend $49,107 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: 40/37/23 Blend
68$17,500,000$17,500,000$17,500,000$17,500,000
69$19,289,075$18,361,575$18,090,325$19,929,192
70$21,204,312$19,209,043$18,644,102$21,237,744
71$23,313,256$20,096,391$19,214,784$22,647,537
72$25,635,615$21,025,521$19,802,886$24,171,764
73$28,193,104$21,998,427$20,408,939$25,820,898
74$31,009,650$23,017,200$21,033,488$27,606,426
75$34,111,620$24,084,029$21,677,096$29,540,956
76$37,528,070$25,201,211$22,340,343$31,638,324
77$41,291,015$26,371,152$23,023,826$33,913,719
78$45,435,735$27,596,375$23,728,161$36,383,818
79$50,001,108$28,879,525$24,453,982$39,066,935
80$55,029,972$30,223,373$25,201,942$41,983,185
81$60,569,537$31,630,826$25,972,714$45,154,666
82$66,671,822$33,104,929$26,766,993$48,605,655
83$73,394,153$34,648,875$27,585,492$52,362,830
84$80,799,697$36,266,011$28,428,947$56,455,511
85$88,958,067$37,959,846$29,298,117$60,915,924
86$97,945,970$39,734,058$30,193,784$65,779,496
87$107,847,935$41,592,504$31,116,752$71,085,175
88$118,757,113$43,539,224$32,067,851$76,875,788
89$130,776,150$45,578,458$33,047,936$83,198,430
90$144,018,162$47,714,647$34,057,886$90,104,895
91$158,607,798$49,952,449$35,098,610$97,652,155
92$174,682,421$52,296,747$36,171,041$105,902,873
93$192,393,400$54,752,659$37,276,142$114,925,990
94$211,907,539$57,325,551$38,414,905$124,797,353
95$233,408,656$60,021,051$39,588,352$135,600,415
96$257,099,313$62,845,057$40,797,536$147,427,005
97$283,202,730$65,803,752$42,043,542$160,378,178
98$311,964,894$68,903,622$43,327,486$174,565,145
99$343,656,877$72,151,462$44,650,520$190,110,308
100$378,577,395$75,554,401$46,013,829$207,148,391