Can I retire at age 69 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,364,158
2 years$727,677$714,125$700,990$688,256$675,903$620,919
3 years$480,299$466,688$453,587$440,972$428,821$375,821
4 years$356,634$343,065$330,095$317,696$305,839$255,227
5 years$282,455$268,967$256,167$244,021$232,494$184,400
6 years$233,018$219,632$207,021$195,145$183,964$138,420
7 years$197,720$184,447$172,036$160,440$149,612$106,603
8 years$171,259$158,105$145,900$134,589$124,118$83,600
9 years$150,688$137,659$125,664$114,640$104,525$66,440
10 years$134,242$121,339$109,556$98,821$89,061$53,335
11 years$120,794$108,021$96,452$86,004$76,595$43,148
12 years$109,596$96,954$85,598$75,437$66,376$35,119
13 years$100,128$87,618$76,477$66,599$57,881$28,721
14 years$92,019$79,643$68,715$59,119$50,738$23,580
15 years$84,998$72,755$62,040$52,724$44,674$19,419
16 years$78,861$66,751$56,248$47,209$39,483$16,032
17 years$73,451$61,475$51,184$42,417$35,008$13,263
18 years$68,648$56,806$46,724$38,226$31,128$10,991
19 years$64,355$52,647$42,774$34,540$27,745$9,121
20 years$60,497$48,922$39,256$31,283$24,782$7,577
21 years$57,010$45,569$36,108$28,391$22,177$6,301
22 years$53,845$42,537$33,279$25,814$19,879$5,244
23 years$50,959$39,784$30,727$23,510$17,844$4,367
24 years$48,317$37,275$28,417$21,442$16,039$3,638
25 years$45,891$34,981$26,320$19,582$14,433$3,033
26 years$43,655$32,876$24,411$17,905$13,000$2,529
27 years$41,588$30,941$22,667$16,389$11,721$2,110
28 years$39,672$29,155$21,072$15,016$10,576$1,760
29 years$37,892$27,505$19,610$13,770$9,550$1,469
30 years$36,233$25,975$18,266$12,637$8,629$1,226
31 years$34,684$24,555$17,028$11,606$7,801$1,023
32 years$33,235$23,234$15,888$10,666$7,057$854
33 years$31,877$22,003$14,835$9,809$6,386$713
34 years$30,602$20,854$13,861$9,025$5,782$596
35 years$29,401$19,780$12,959$8,308$5,237$498
36 years$28,271$18,774$12,122$7,651$4,745$416
37 years$27,203$17,831$11,346$7,050$4,301$347
38 years$26,195$16,946$10,625$6,498$3,899$290
39 years$25,240$16,114$9,955$5,991$3,536$242
40 years$24,335$15,331$9,331$5,526$3,207$202
41 years$23,477$14,593$8,749$5,099$2,909$169
42 years$22,662$13,898$8,207$4,705$2,640$141
43 years$21,887$13,242$7,701$4,344$2,396$118
44 years$21,149$12,623$7,229$4,011$2,175$98
45 years$20,446$12,037$6,788$3,704$1,974$82
46 years$19,775$11,483$6,375$3,421$1,793$69
47 years$19,135$10,958$5,989$3,161$1,628$57
48 years$18,524$10,461$5,628$2,921$1,478$48
49 years$17,939$9,990$5,290$2,699$1,343$40
50 years$17,379$9,542$4,974$2,495$1,220$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $17,800,000, adding $3,164 every year, while hoping to spend $56,632 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: 42/38/20 Blend
68$17,800,000$17,800,000$17,800,000$17,800,000
69$19,618,864$18,675,464$18,399,564$20,327,776
70$21,559,732$19,530,305$18,955,693$21,686,125
71$23,696,670$20,425,136$19,528,555$23,150,423
72$26,049,619$21,361,856$20,118,649$24,734,963
73$28,640,548$22,342,456$20,726,493$26,450,815
74$31,493,670$23,369,021$21,352,616$28,310,125
75$34,635,661$24,443,740$21,997,565$30,326,225
76$38,095,918$25,568,903$22,661,903$32,513,754
77$41,906,836$26,746,914$23,346,211$34,888,779
78$46,104,109$27,980,288$24,051,085$37,468,951
79$50,727,071$29,271,665$24,777,139$40,273,653
80$55,819,066$30,623,811$25,525,007$43,324,179
81$61,427,857$32,039,623$26,295,341$46,643,928
82$67,606,074$33,522,141$27,088,811$50,258,607
83$74,411,715$35,074,547$27,906,108$54,196,474
84$81,908,692$36,700,182$28,747,944$58,488,586
85$90,167,430$38,402,542$29,615,051$63,169,085
86$99,265,537$40,185,296$30,508,185$68,275,511
87$109,288,533$42,052,286$31,428,120$73,849,138
88$120,330,659$44,007,544$32,375,658$79,935,355
89$132,495,764$46,055,292$33,351,621$86,584,084
90$145,898,289$48,199,958$34,356,857$93,850,231
91$160,664,342$50,446,184$35,392,239$101,794,195
92$176,932,892$52,798,834$36,458,666$110,482,423
93$194,857,079$55,263,009$37,557,063$119,988,018
94$214,605,660$57,844,054$38,688,383$130,391,415
95$236,364,600$60,547,576$39,853,607$141,781,124
96$260,338,830$63,379,449$41,053,744$154,254,548
97$286,754,181$66,345,832$42,289,835$167,918,878
98$315,859,513$69,453,183$43,562,950$182,892,094
99$347,929,065$72,708,271$44,874,190$199,304,050
100$383,265,046$76,118,192$46,224,692$217,297,685