Can I retire at age 69 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$175,893$174,327$172,798$171,306$169,849$166,216
2 years$87,076$85,454$83,883$82,359$80,881$77,238
3 years$57,474$55,845$54,278$52,768$51,314$47,776
4 years$42,676$41,052$39,500$38,016$36,598$33,191
5 years$33,799$32,185$30,654$29,200$27,821$24,555
6 years$27,884$26,282$24,773$23,352$22,014$18,892
7 years$23,660$22,071$20,586$19,199$17,903$14,927
8 years$20,493$18,919$17,459$16,105$14,852$12,020
9 years$18,032$16,473$15,037$13,718$12,508$9,818
10 years$16,064$14,520$13,110$11,825$10,657$8,107
11 years$14,455$12,926$11,542$10,291$9,166$6,751
12 years$13,115$11,602$10,243$9,027$7,943$5,661
13 years$11,982$10,485$9,151$7,969$6,926$4,773
14 years$11,011$9,530$8,223$7,074$6,071$4,042
15 years$10,171$8,706$7,424$6,309$5,346$3,436
16 years$9,437$7,988$6,731$5,649$4,725$2,930
17 years$8,789$7,356$6,125$5,076$4,189$2,505
18 years$8,215$6,798$5,591$4,574$3,725$2,147
19 years$7,701$6,300$5,118$4,133$3,320$1,843
20 years$7,239$5,854$4,697$3,743$2,966$1,584
21 years$6,822$5,453$4,321$3,397$2,654$1,364
22 years$6,443$5,090$3,982$3,089$2,379$1,176
23 years$6,098$4,761$3,677$2,813$2,135$1,014
24 years$5,782$4,460$3,400$2,566$1,919$876
25 years$5,491$4,186$3,150$2,343$1,727$757
26 years$5,224$3,934$2,921$2,143$1,556$654
27 years$4,977$3,702$2,712$1,961$1,403$566
28 years$4,747$3,489$2,522$1,797$1,266$490
29 years$4,534$3,291$2,347$1,648$1,143$424
30 years$4,336$3,108$2,186$1,512$1,033$367
31 years$4,150$2,938$2,038$1,389$934$318
32 years$3,977$2,780$1,901$1,276$844$276
33 years$3,815$2,633$1,775$1,174$764$239
34 years$3,662$2,495$1,659$1,080$692$207
35 years$3,518$2,367$1,551$994$627$180
36 years$3,383$2,247$1,451$916$568$156
37 years$3,255$2,134$1,358$844$515$135
38 years$3,135$2,028$1,271$778$467$117
39 years$3,020$1,928$1,191$717$423$102
40 years$2,912$1,835$1,117$661$384$88
41 years$2,809$1,746$1,047$610$348$77
42 years$2,712$1,663$982$563$316$66
43 years$2,619$1,585$922$520$287$58
44 years$2,531$1,510$865$480$260$50
45 years$2,447$1,440$812$443$236$43
46 years$2,366$1,374$763$409$215$38
47 years$2,290$1,311$717$378$195$33
48 years$2,217$1,252$674$350$177$28
49 years$2,147$1,195$633$323$161$25
50 years$2,080$1,142$595$299$146$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,130,000, adding $4,427 every year, while hoping to spend $48,808 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: 64/8/28 Blend
68$2,130,000$2,130,000$2,130,000$2,130,000
69$2,351,826$2,238,936$2,205,921$2,484,578
70$2,539,781$2,296,713$2,227,888$2,632,784
71$2,745,272$2,355,685$2,248,956$2,788,887
72$2,970,035$2,415,859$2,269,041$2,958,402
73$3,215,984$2,477,241$2,288,059$3,142,656
74$3,485,224$2,539,835$2,305,918$3,343,108
75$3,780,074$2,603,645$2,322,524$3,561,366
76$4,103,089$2,668,671$2,337,776$3,799,203
77$4,457,081$2,734,913$2,351,569$4,058,571
78$4,845,148$2,802,368$2,363,791$4,341,625
79$5,270,701$2,871,032$2,374,326$4,650,735
80$5,737,499$2,940,898$2,383,052$4,988,515
81$6,249,678$3,011,957$2,389,839$5,357,848
82$6,811,799$3,084,197$2,394,553$5,761,908
83$7,428,884$3,157,604$2,397,051$6,204,195
84$8,106,462$3,232,159$2,397,184$6,688,565
85$8,850,628$3,307,841$2,394,797$7,219,270
86$9,668,095$3,384,628$2,389,725$7,800,993
87$10,566,256$3,462,490$2,381,796$8,438,899
88$11,553,258$3,541,396$2,370,830$9,138,678
89$12,638,076$3,621,310$2,356,638$9,906,602
90$13,830,595$3,702,190$2,339,022$10,749,584
91$15,141,711$3,783,992$2,317,774$11,675,243
92$16,583,422$3,866,665$2,292,676$12,691,975
93$18,168,952$3,950,152$2,263,501$13,809,035
94$19,912,867$4,034,391$2,230,011$15,036,624
95$21,831,218$4,119,315$2,191,955$16,385,983
96$23,941,689$4,204,848$2,149,072$17,869,503
97$26,263,764$4,290,908$2,101,089$19,500,841
98$28,818,911$4,377,406$2,047,719$21,295,047
99$31,630,785$4,464,245$1,988,662$23,268,710
100$34,725,450$4,551,317$1,923,607$25,440,112