Can I retire at age 69 with 9,900,000?

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 $9,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$817,533$810,251$803,146$796,211$789,440$764,169
2 years$404,719$397,182$389,877$382,794$375,924$350,697
3 years$267,133$259,563$252,276$245,260$238,501$214,111
4 years$198,353$190,806$183,592$176,696$170,101$146,733
5 years$157,096$149,594$142,475$135,719$129,308$107,025
6 years$129,600$122,155$115,141$108,536$102,317$81,138
7 years$109,968$102,586$95,683$89,233$83,211$63,133
8 years$95,251$87,935$81,147$74,856$69,032$50,042
9 years$83,810$76,563$69,892$63,760$58,135$40,211
10 years$74,662$67,487$60,933$54,962$49,534$32,649
11 years$67,183$60,079$53,644$47,833$42,601$26,723
12 years$60,955$53,924$47,608$41,956$36,917$22,013
13 years$55,689$48,731$42,535$37,041$32,192$18,226
14 years$51,179$44,296$38,218$32,881$28,219$15,152
15 years$47,274$40,465$34,505$29,324$24,847$12,639
16 years$43,861$37,126$31,284$26,257$21,960$10,572
17 years$40,852$34,191$28,467$23,591$19,471$8,863
18 years$38,180$31,594$25,987$21,261$17,313$7,444
19 years$35,793$29,281$23,790$19,211$15,431$6,262
20 years$33,647$27,210$21,833$17,399$13,783$5,275
21 years$31,708$25,345$20,082$15,791$12,335$4,448
22 years$29,947$23,658$18,509$14,357$11,056$3,754
23 years$28,342$22,127$17,090$13,076$9,925$3,171
24 years$26,873$20,732$15,805$11,926$8,920$2,680
25 years$25,524$19,456$14,639$10,891$8,027$2,266
26 years$24,280$18,285$13,577$9,958$7,231$1,917
27 years$23,131$17,209$12,607$9,115$6,519$1,623
28 years$22,065$16,216$11,720$8,351$5,882$1,374
29 years$21,075$15,297$10,906$7,658$5,311$1,164
30 years$20,152$14,447$10,159$7,029$4,799$986
31 years$19,291$13,657$9,471$6,455$4,339$835
32 years$18,485$12,922$8,836$5,932$3,925$708
33 years$17,729$12,238$8,251$5,455$3,552$600
34 years$17,020$11,599$7,709$5,019$3,216$508
35 years$16,352$11,001$7,207$4,621$2,913$431
36 years$15,723$10,442$6,742$4,255$2,639$365
37 years$15,130$9,917$6,311$3,921$2,392$310
38 years$14,569$9,425$5,910$3,614$2,169$263
39 years$14,038$8,962$5,537$3,332$1,966$223
40 years$13,535$8,527$5,190$3,074$1,784$189
41 years$13,058$8,117$4,866$2,836$1,618$160
42 years$12,604$7,730$4,565$2,617$1,468$136
43 years$12,173$7,365$4,283$2,416$1,333$115
44 years$11,763$7,020$4,021$2,231$1,210$98
45 years$11,372$6,695$3,775$2,060$1,098$83
46 years$10,999$6,386$3,546$1,903$997$70
47 years$10,643$6,095$3,331$1,758$905$60
48 years$10,302$5,818$3,130$1,624$822$51
49 years$9,977$5,556$2,942$1,501$747$43
50 years$9,666$5,307$2,766$1,388$678$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $9,900,000, adding $3,292 every year, while hoping to spend $21,158 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: 67/10/23 Blend
68$9,900,000$9,900,000$9,900,000$9,900,000
69$10,913,196$10,388,496$10,235,046$11,580,049
70$12,003,830$10,875,020$10,555,408$12,514,593
71$13,204,999$11,384,675$10,885,793$13,533,519
72$14,527,957$11,918,571$11,226,514$14,647,367
73$15,985,101$12,477,874$11,577,896$15,865,492
74$17,590,096$13,063,805$11,940,270$17,198,190
75$19,357,998$13,677,643$12,313,981$18,656,792
76$21,305,398$14,320,732$12,699,383$20,253,774
77$23,450,578$14,994,477$13,096,842$22,002,869
78$25,813,685$15,700,355$13,506,735$23,919,197
79$28,416,921$16,439,912$13,929,450$26,019,405
80$31,284,749$17,214,770$14,365,389$28,321,821
81$34,444,129$18,026,629$14,814,965$30,846,626
82$37,924,768$18,877,272$15,278,604$33,616,044
83$41,759,403$19,768,568$15,756,746$36,654,545
84$45,984,110$20,702,475$16,249,845$39,989,080
85$50,638,643$21,681,050$16,758,368$43,649,327
86$55,766,808$22,706,445$17,282,797$47,667,972
87$61,416,882$23,780,920$17,823,630$52,081,012
88$67,642,062$24,906,843$18,381,380$56,928,098
89$74,500,970$26,086,697$18,956,574$62,252,898
90$82,058,209$27,323,085$19,549,760$68,103,514
91$90,384,968$28,618,738$20,161,498$74,532,927
92$99,559,697$29,976,517$20,792,370$81,599,498
93$109,668,844$31,399,425$21,442,973$89,367,515
94$120,807,677$32,890,608$22,113,924$97,907,791
95$133,081,179$34,453,366$22,805,859$107,298,339
96$146,605,038$36,091,160$23,519,434$117,625,095
97$161,506,743$37,807,618$24,255,325$128,982,729
98$177,926,783$39,606,543$25,014,231$141,475,537
99$196,019,977$41,491,926$25,796,870$155,218,417
100$215,956,934$43,467,950$26,603,984$170,337,951