Can I retire at age 69 with 18,200,000?

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 $18,200,000?

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$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,411,060
2 years$744,029$730,172$716,743$703,722$691,092$650,858
3 years$491,092$477,176$463,780$450,882$438,457$399,482
4 years$364,649$350,775$337,513$324,835$312,711$275,295
5 years$288,802$275,012$261,924$249,504$237,718$201,962
6 years$238,255$224,568$211,674$199,531$188,098$154,037
7 years$202,163$188,592$175,902$164,045$152,974$120,609
8 years$175,107$161,658$149,179$137,613$126,907$96,220
9 years$154,074$140,752$128,487$117,216$106,874$77,836
10 years$137,258$124,066$112,018$101,041$91,062$63,635
11 years$123,508$110,449$98,619$87,936$78,316$52,456
12 years$112,059$99,133$87,522$77,132$67,867$43,526
13 years$102,378$89,587$78,195$68,096$59,182$36,307
14 years$94,087$81,432$70,259$60,448$51,878$30,414
15 years$86,908$74,390$63,434$53,909$45,678$25,568
16 years$80,633$68,251$57,512$48,270$40,370$21,556
17 years$75,102$62,857$52,334$43,370$35,795$18,217
18 years$70,190$58,083$47,774$39,085$31,827$15,426
19 years$65,801$53,830$43,735$35,317$28,368$13,085
20 years$61,856$50,022$40,138$31,986$25,339$11,115
21 years$58,291$46,593$36,919$29,029$22,676$9,452
22 years$55,055$43,493$34,027$26,394$20,325$8,047
23 years$52,104$40,678$31,417$24,038$18,245$6,856
24 years$49,403$38,113$29,056$21,924$16,399$5,845
25 years$46,922$35,767$26,912$20,022$14,757$4,987
26 years$44,636$33,615$24,959$18,307$13,292$4,257
27 years$42,523$31,636$23,177$16,757$11,984$3,635
28 years$40,564$29,810$21,546$15,353$10,814$3,105
29 years$38,743$28,123$20,050$14,079$9,764$2,654
30 years$37,047$26,559$18,676$12,921$8,823$2,268
31 years$35,464$25,107$17,411$11,867$7,977$1,939
32 years$33,982$23,756$16,245$10,906$7,215$1,658
33 years$32,594$22,498$15,168$10,029$6,530$1,419
34 years$31,289$21,323$14,172$9,228$5,912$1,213
35 years$30,062$20,224$13,250$8,494$5,355$1,038
36 years$28,906$19,196$12,395$7,823$4,852$888
37 years$27,815$18,231$11,601$7,208$4,397$760
38 years$26,783$17,326$10,864$6,644$3,987$650
39 years$25,807$16,476$10,179$6,126$3,615$557
40 years$24,882$15,675$9,540$5,650$3,279$476
41 years$24,005$14,921$8,946$5,213$2,975$408
42 years$23,171$14,211$8,392$4,811$2,699$349
43 years$22,379$13,540$7,874$4,441$2,450$299
44 years$21,624$12,906$7,391$4,101$2,224$256
45 years$20,905$12,307$6,940$3,787$2,019$219
46 years$20,220$11,741$6,518$3,498$1,833$187
47 years$19,565$11,204$6,124$3,232$1,664$160
48 years$18,940$10,696$5,755$2,986$1,511$137
49 years$18,342$10,214$5,409$2,760$1,373$118
50 years$17,770$9,757$5,085$2,551$1,247$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $18,200,000, adding $3,961 every year, while hoping to spend $24,430 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: 62/28/10 Blend
68$18,200,000$18,200,000$18,200,000$18,200,000
69$20,060,486$19,095,886$18,813,786$21,259,046
70$22,080,662$20,005,591$19,418,054$22,971,377
71$24,306,077$20,959,053$20,041,747$24,836,445
72$26,757,641$21,958,390$20,685,489$26,871,575
73$29,458,392$23,005,823$21,349,925$29,093,228
74$32,433,722$24,103,682$22,035,721$31,519,504
75$35,711,608$25,254,408$22,743,564$34,170,309
76$39,322,882$26,460,565$23,474,164$37,067,532
77$43,301,520$27,724,837$24,228,252$40,235,253
78$47,684,962$29,050,041$25,006,586$43,699,957
79$52,514,466$30,439,130$25,809,944$47,490,782
80$57,835,496$31,895,203$26,639,132$51,639,784
81$63,698,155$33,421,506$27,494,981$56,182,235
82$70,157,654$35,021,447$28,378,350$61,156,946
83$77,274,834$36,698,596$29,290,124$66,606,628
84$85,116,740$38,456,701$30,231,216$72,578,283
85$93,757,257$40,299,689$31,202,572$79,123,643
86$103,277,803$42,231,680$32,205,164$86,299,648
87$113,768,100$44,256,993$33,239,997$94,168,971
88$125,327,020$46,380,159$34,308,111$102,800,605
89$138,063,519$48,605,929$35,410,575$112,270,498
90$152,097,664$50,939,287$36,548,496$122,662,264
91$167,561,770$53,385,456$37,723,015$134,067,957
92$184,601,644$55,949,917$38,935,310$146,588,931
93$203,377,966$58,638,417$40,186,597$160,336,782
94$224,067,801$61,456,982$41,478,130$175,434,388
95$246,866,276$64,411,933$42,811,207$192,017,059
96$271,988,418$67,509,899$44,187,164$210,233,793
97$299,671,184$70,757,832$45,607,381$230,248,676
98$330,175,701$74,163,022$47,073,284$252,242,407
99$363,789,727$77,733,114$48,586,344$276,413,993
100$400,830,371$81,476,129$50,148,078$302,982,608