Can I retire at age 69 with 1,750,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$144,513$143,226$141,970$140,744$139,547$136,730
2 years$71,541$70,209$68,918$67,666$66,451$63,625
3 years$47,220$45,882$44,594$43,354$42,159$39,413
4 years$35,062$33,728$32,453$31,234$30,068$27,422
5 years$27,769$26,443$25,185$23,991$22,858$20,319
6 years$22,909$21,593$20,353$19,186$18,086$15,659
7 years$19,439$18,134$16,914$15,774$14,709$12,393
8 years$16,837$15,544$14,344$13,232$12,203$9,997
9 years$14,815$13,534$12,355$11,271$10,276$8,180
10 years$13,198$11,929$10,771$9,716$8,756$6,767
11 years$11,876$10,620$9,483$8,455$7,530$5,646
12 years$10,775$9,532$8,416$7,417$6,526$4,744
13 years$9,844$8,614$7,519$6,548$5,691$4,008
14 years$9,047$7,830$6,756$5,812$4,988$3,401
15 years$8,357$7,153$6,099$5,184$4,392$2,897
16 years$7,753$6,563$5,530$4,641$3,882$2,476
17 years$7,221$6,044$5,032$4,170$3,442$2,121
18 years$6,749$5,585$4,594$3,758$3,060$1,822
19 years$6,327$5,176$4,205$3,396$2,728$1,567
20 years$5,948$4,810$3,859$3,076$2,436$1,351
21 years$5,605$4,480$3,550$2,791$2,180$1,165
22 years$5,294$4,182$3,272$2,538$1,954$1,007
23 years$5,010$3,911$3,021$2,311$1,754$871
24 years$4,750$3,665$2,794$2,108$1,577$754
25 years$4,512$3,439$2,588$1,925$1,419$653
26 years$4,292$3,232$2,400$1,760$1,278$566
27 years$4,089$3,042$2,229$1,611$1,152$491
28 years$3,900$2,866$2,072$1,476$1,040$426
29 years$3,725$2,704$1,928$1,354$939$369
30 years$3,562$2,554$1,796$1,242$848$321
31 years$3,410$2,414$1,674$1,141$767$279
32 years$3,268$2,284$1,562$1,049$694$242
33 years$3,134$2,163$1,458$964$628$210
34 years$3,009$2,050$1,363$887$568$183
35 years$2,891$1,945$1,274$817$515$159
36 years$2,779$1,846$1,192$752$467$138
37 years$2,674$1,753$1,116$693$423$120
38 years$2,575$1,666$1,045$639$383$104
39 years$2,481$1,584$979$589$348$91
40 years$2,393$1,507$917$543$315$79
41 years$2,308$1,435$860$501$286$69
42 years$2,228$1,366$807$463$260$60
43 years$2,152$1,302$757$427$236$52
44 years$2,079$1,241$711$394$214$45
45 years$2,010$1,183$667$364$194$39
46 years$1,944$1,129$627$336$176$34
47 years$1,881$1,077$589$311$160$30
48 years$1,821$1,028$553$287$145$26
49 years$1,764$982$520$265$132$23
50 years$1,709$938$489$245$120$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,750,000, adding $6,034 every year, while hoping to spend $22,587 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: 70/6/24 Blend
68$1,750,000$1,750,000$1,750,000$1,750,000
69$1,934,724$1,841,974$1,814,849$2,058,022
70$2,108,034$1,908,198$1,851,614$2,207,493
71$2,298,264$1,976,911$1,888,854$2,367,861
72$2,507,116$2,048,209$1,926,560$2,542,874
73$2,736,466$2,122,196$1,964,724$2,733,984
74$2,988,379$2,198,977$2,003,336$2,942,788
75$3,265,130$2,278,663$2,042,384$3,171,045
76$3,569,226$2,361,370$2,081,856$3,420,694
77$3,903,428$2,447,217$2,121,739$3,693,868
78$4,270,777$2,536,331$2,162,017$3,992,918
79$4,674,626$2,628,841$2,202,675$4,320,435
80$5,118,667$2,724,883$2,243,693$4,679,269
81$5,606,968$2,824,599$2,285,054$5,072,565
82$6,144,011$2,928,137$2,326,735$5,503,783
83$6,734,733$3,035,649$2,368,714$5,976,736
84$7,384,577$3,147,296$2,410,967$6,495,626
85$8,099,536$3,263,246$2,453,466$7,065,081
86$8,886,215$3,383,672$2,496,184$7,690,200
87$9,751,892$3,508,755$2,539,089$8,376,600
88$10,704,586$3,638,684$2,582,149$9,130,472
89$11,753,131$3,773,657$2,625,329$9,958,635
90$12,907,263$3,913,879$2,668,590$10,868,601
91$14,177,709$4,059,565$2,711,893$11,868,649
92$15,576,289$4,210,937$2,755,195$12,967,901
93$17,116,026$4,368,228$2,798,450$14,176,407
94$18,811,272$4,531,682$2,841,609$15,505,239
95$20,677,838$4,701,552$2,884,620$16,966,600
96$22,733,151$4,878,101$2,927,428$18,573,934
97$24,996,411$5,061,606$2,969,974$20,342,055
98$27,488,773$5,252,354$3,012,197$22,287,286
99$30,233,553$5,450,644$3,054,031$24,427,615
100$33,256,439$5,656,789$3,095,405$26,782,860