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%18.8%
1 years$152,771$151,410$150,083$148,787$147,522$142,287
2 years$75,629$74,221$72,856$71,532$70,248$65,031
3 years$49,919$48,504$47,142$45,831$44,568$39,531
4 years$37,066$35,656$34,308$33,019$31,787$26,969
5 years$29,356$27,954$26,624$25,362$24,164$19,577
6 years$24,218$22,827$21,516$20,282$19,120$14,769
7 years$20,550$19,170$17,880$16,675$15,550$11,433
8 years$17,799$16,432$15,164$13,988$12,900$9,014
9 years$15,661$14,307$13,061$11,915$10,864$7,203
10 years$13,952$12,611$11,386$10,271$9,256$5,816
11 years$12,554$11,227$10,024$8,939$7,961$4,732
12 years$11,391$10,077$8,896$7,840$6,899$3,875
13 years$10,407$9,106$7,948$6,922$6,016$3,189
14 years$9,564$8,277$7,142$6,144$5,273$2,634
15 years$8,834$7,562$6,448$5,480$4,643$2,184
16 years$8,196$6,938$5,846$4,907$4,104$1,815
17 years$7,634$6,389$5,320$4,408$3,638$1,511
18 years$7,135$5,904$4,856$3,973$3,235$1,261
19 years$6,689$5,472$4,446$3,590$2,884$1,053
20 years$6,288$5,085$4,080$3,251$2,576$881
21 years$5,925$4,736$3,753$2,951$2,305$738
22 years$5,596$4,421$3,459$2,683$2,066$618
23 years$5,296$4,135$3,194$2,443$1,855$519
24 years$5,022$3,874$2,953$2,229$1,667$435
25 years$4,770$3,636$2,736$2,035$1,500$365
26 years$4,537$3,417$2,537$1,861$1,351$307
27 years$4,322$3,216$2,356$1,703$1,218$258
28 years$4,123$3,030$2,190$1,561$1,099$217
29 years$3,938$2,859$2,038$1,431$993$182
30 years$3,766$2,700$1,898$1,313$897$153
31 years$3,605$2,552$1,770$1,206$811$129
32 years$3,454$2,415$1,651$1,109$733$108
33 years$3,313$2,287$1,542$1,019$664$91
34 years$3,180$2,167$1,441$938$601$77
35 years$3,056$2,056$1,347$863$544$65
36 years$2,938$1,951$1,260$795$493$54
37 years$2,827$1,853$1,179$733$447$46
38 years$2,722$1,761$1,104$675$405$38
39 years$2,623$1,675$1,035$623$367$32
40 years$2,529$1,593$970$574$333$27
41 years$2,440$1,517$909$530$302$23
42 years$2,355$1,444$853$489$274$19
43 years$2,275$1,376$800$451$249$16
44 years$2,198$1,312$751$417$226$14
45 years$2,125$1,251$705$385$205$12
46 years$2,055$1,193$663$356$186$10
47 years$1,989$1,139$622$329$169$8
48 years$1,925$1,087$585$304$154$7
49 years$1,864$1,038$550$281$140$6
50 years$1,806$992$517$259$127$5

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 $4,413 every year, while hoping to spend $39,811 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: 78/12/10 Blend
68$1,850,000$1,850,000$1,850,000$1,850,000
69$2,043,252$1,945,202$1,916,527$2,198,829
70$2,209,305$1,998,158$1,938,372$2,354,650
71$2,390,961$2,052,375$1,959,615$2,519,933
72$2,589,770$2,107,872$1,980,193$2,700,056
73$2,807,438$2,164,669$2,000,040$2,896,482
74$3,045,843$2,222,785$2,019,088$3,110,820
75$3,307,055$2,282,237$2,037,264$3,344,844
76$3,593,353$2,343,045$2,054,490$3,600,507
77$3,907,246$2,405,225$2,070,686$3,879,960
78$4,251,498$2,468,794$2,085,767$4,185,574
79$4,629,154$2,533,768$2,099,644$4,519,956
80$5,043,567$2,600,162$2,112,221$4,885,983
81$5,498,430$2,667,989$2,123,400$5,286,821
82$5,997,813$2,737,264$2,133,077$5,725,957
83$6,546,197$2,807,997$2,141,142$6,207,235
84$7,148,519$2,880,199$2,147,480$6,734,888
85$7,810,218$2,953,879$2,151,971$7,313,581
86$8,537,286$3,029,044$2,154,488$7,948,450
87$9,336,323$3,105,701$2,154,897$8,645,157
88$10,214,602$3,183,854$2,153,059$9,409,938
89$11,180,133$3,263,505$2,148,828$10,249,666
90$12,241,743$3,344,653$2,142,051$11,171,911
91$13,409,156$3,427,296$2,132,564$12,185,016
92$14,693,085$3,511,429$2,120,201$13,298,171
93$16,105,336$3,597,046$2,104,784$14,521,504
94$17,658,914$3,684,134$2,086,128$15,866,173
95$19,368,148$3,772,681$2,064,038$17,344,475
96$21,248,826$3,862,670$2,038,310$18,969,957
97$23,318,345$3,954,079$2,008,732$20,757,547
98$25,595,872$4,046,885$1,975,081$22,723,697
99$28,102,527$4,141,059$1,937,122$24,886,532
100$30,861,582$4,236,567$1,894,612$27,266,025