Can I retire at age 69 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$152,771$151,410$150,083$148,787$147,522$144,131
2 years$75,629$74,221$72,856$71,532$70,248$66,851
3 years$49,919$48,504$47,142$45,831$44,568$41,271
4 years$37,066$35,656$34,308$33,019$31,787$28,614
5 years$29,356$27,954$26,624$25,362$24,164$21,124
6 years$24,218$22,827$21,516$20,282$19,120$16,218
7 years$20,550$19,170$17,880$16,675$15,550$12,785
8 years$17,799$16,432$15,164$13,988$12,900$10,271
9 years$15,661$14,307$13,061$11,915$10,864$8,369
10 years$13,952$12,611$11,386$10,271$9,256$6,894
11 years$12,554$11,227$10,024$8,939$7,961$5,726
12 years$11,391$10,077$8,896$7,840$6,899$4,789
13 years$10,407$9,106$7,948$6,922$6,016$4,027
14 years$9,564$8,277$7,142$6,144$5,273$3,401
15 years$8,834$7,562$6,448$5,480$4,643$2,883
16 years$8,196$6,938$5,846$4,907$4,104$2,452
17 years$7,634$6,389$5,320$4,408$3,638$2,090
18 years$7,135$5,904$4,856$3,973$3,235$1,786
19 years$6,689$5,472$4,446$3,590$2,884$1,528
20 years$6,288$5,085$4,080$3,251$2,576$1,310
21 years$5,925$4,736$3,753$2,951$2,305$1,125
22 years$5,596$4,421$3,459$2,683$2,066$966
23 years$5,296$4,135$3,194$2,443$1,855$831
24 years$5,022$3,874$2,953$2,229$1,667$715
25 years$4,770$3,636$2,736$2,035$1,500$616
26 years$4,537$3,417$2,537$1,861$1,351$531
27 years$4,322$3,216$2,356$1,703$1,218$458
28 years$4,123$3,030$2,190$1,561$1,099$395
29 years$3,938$2,859$2,038$1,431$993$341
30 years$3,766$2,700$1,898$1,313$897$294
31 years$3,605$2,552$1,770$1,206$811$254
32 years$3,454$2,415$1,651$1,109$733$220
33 years$3,313$2,287$1,542$1,019$664$190
34 years$3,180$2,167$1,441$938$601$164
35 years$3,056$2,056$1,347$863$544$142
36 years$2,938$1,951$1,260$795$493$122
37 years$2,827$1,853$1,179$733$447$106
38 years$2,722$1,761$1,104$675$405$91
39 years$2,623$1,675$1,035$623$367$79
40 years$2,529$1,593$970$574$333$68
41 years$2,440$1,517$909$530$302$59
42 years$2,355$1,444$853$489$274$51
43 years$2,275$1,376$800$451$249$44
44 years$2,198$1,312$751$417$226$38
45 years$2,125$1,251$705$385$205$33
46 years$2,055$1,193$663$356$186$29
47 years$1,989$1,139$622$329$169$25
48 years$1,925$1,087$585$304$154$21
49 years$1,864$1,038$550$281$140$19
50 years$1,806$992$517$259$127$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,850,000, adding $3,323 every year, while hoping to spend $21,518 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: 74/19/7 Blend
68$1,850,000$1,850,000$1,850,000$1,850,000
69$2,042,128$1,944,078$1,915,403$2,191,060
70$2,227,530$2,016,442$1,956,674$2,361,954
71$2,431,122$2,091,632$1,998,606$2,546,061
72$2,654,736$2,169,762$2,041,199$2,747,132
73$2,900,392$2,250,953$2,084,452$2,966,838
74$3,170,312$2,335,331$2,128,362$3,207,016
75$3,466,949$2,423,026$2,172,927$3,469,691
76$3,793,000$2,514,177$2,218,142$3,757,091
77$4,151,440$2,608,925$2,264,004$4,071,669
78$4,545,545$2,707,421$2,310,506$4,416,127
79$4,978,924$2,809,818$2,357,641$4,793,438
80$5,455,554$2,916,279$2,405,402$5,206,878
81$5,979,817$3,026,973$2,453,780$5,660,052
82$6,556,540$3,142,077$2,502,764$6,156,932
83$7,191,043$3,261,774$2,552,342$6,701,891
84$7,889,186$3,386,258$2,602,502$7,299,746
85$8,657,426$3,515,728$2,653,229$7,955,802
86$9,502,879$3,650,393$2,704,507$8,675,902
87$10,433,382$3,790,472$2,756,318$9,466,480
88$11,457,576$3,936,194$2,808,643$10,334,624
89$12,584,976$4,087,795$2,861,461$11,288,144
90$13,826,072$4,245,525$2,914,747$12,335,638
91$15,192,418$4,409,643$2,968,478$13,486,580
92$16,696,748$4,580,419$3,022,626$14,751,407
93$18,353,094$4,758,136$3,077,161$16,141,613
94$20,176,914$4,943,090$3,132,051$17,669,865
95$22,185,246$5,135,588$3,187,261$19,350,113
96$24,396,862$5,335,953$3,242,755$21,197,727
97$26,832,448$5,544,520$3,298,493$23,229,641
98$29,514,797$5,761,641$3,354,432$25,464,510
99$32,469,027$5,987,682$3,410,526$27,922,886
100$35,722,816$6,223,027$3,466,727$30,627,412