Can I retire at age 69 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$185,803$184,148$182,533$180,957$179,418$178,587
2 years$91,982$90,269$88,608$86,999$85,437$84,598
3 years$60,712$58,991$57,335$55,741$54,205$53,384
4 years$45,080$43,365$41,726$40,158$38,659$37,863
5 years$35,704$33,999$32,381$30,845$29,388$28,619
6 years$29,455$27,762$26,168$24,667$23,254$22,512
7 years$24,993$23,315$21,746$20,280$18,912$18,198
8 years$21,648$19,985$18,442$17,013$15,689$15,004
9 years$19,048$17,401$15,884$14,491$13,212$12,555
10 years$16,969$15,338$13,848$12,491$11,258$10,628
11 years$15,269$13,654$12,192$10,871$9,682$9,080
12 years$13,853$12,255$10,820$9,536$8,390$7,815
13 years$12,657$11,075$9,667$8,418$7,316$6,768
14 years$11,632$10,067$8,686$7,473$6,414$5,891
15 years$10,744$9,197$7,842$6,665$5,647$5,149
16 years$9,968$8,438$7,110$5,967$4,991$4,518
17 years$9,285$7,771$6,470$5,362$4,425$3,976
18 years$8,677$7,181$5,906$4,832$3,935$3,508
19 years$8,135$6,655$5,407$4,366$3,507$3,103
20 years$7,647$6,184$4,962$3,954$3,133$2,750
21 years$7,206$5,760$4,564$3,589$2,803$2,441
22 years$6,806$5,377$4,207$3,263$2,513$2,171
23 years$6,441$5,029$3,884$2,972$2,256$1,933
24 years$6,108$4,712$3,592$2,710$2,027$1,723
25 years$5,801$4,422$3,327$2,475$1,824$1,537
26 years$5,518$4,156$3,086$2,263$1,643$1,373
27 years$5,257$3,911$2,865$2,072$1,482$1,227
28 years$5,015$3,685$2,664$1,898$1,337$1,098
29 years$4,790$3,477$2,479$1,741$1,207$983
30 years$4,580$3,283$2,309$1,597$1,091$880
31 years$4,384$3,104$2,152$1,467$986$789
32 years$4,201$2,937$2,008$1,348$892$707
33 years$4,029$2,781$1,875$1,240$807$634
34 years$3,868$2,636$1,752$1,141$731$569
35 years$3,716$2,500$1,638$1,050$662$511
36 years$3,574$2,373$1,532$967$600$459
37 years$3,439$2,254$1,434$891$544$412
38 years$3,311$2,142$1,343$821$493$370
39 years$3,190$2,037$1,258$757$447$332
40 years$3,076$1,938$1,179$699$405$299
41 years$2,968$1,845$1,106$644$368$268
42 years$2,865$1,757$1,037$595$334$241
43 years$2,767$1,674$973$549$303$217
44 years$2,673$1,596$914$507$275$195
45 years$2,584$1,522$858$468$250$175
46 years$2,500$1,451$806$432$227$158
47 years$2,419$1,385$757$400$206$142
48 years$2,341$1,322$711$369$187$128
49 years$2,268$1,263$669$341$170$115
50 years$2,197$1,206$629$315$154$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,250,000, adding $6,519 every year, while hoping to spend $27,668 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: 48/35/17 Blend
68$2,250,000$2,250,000$2,250,000$2,250,000
69$2,486,224$2,366,974$2,332,099$2,593,403
70$2,710,381$2,453,518$2,380,786$2,754,898
71$2,956,474$2,543,374$2,430,177$2,926,806
72$3,226,712$2,636,677$2,480,265$3,112,877
73$3,523,527$2,733,565$2,531,045$3,314,445
74$3,849,600$2,834,183$2,582,508$3,532,982
75$4,207,883$2,938,681$2,634,646$3,770,101
76$4,601,627$3,047,217$2,687,447$4,027,580
77$5,034,417$3,159,955$2,740,900$4,307,371
78$5,510,199$3,277,064$2,794,992$4,611,624
79$6,033,322$3,398,723$2,849,707$4,942,701
80$6,608,578$3,525,118$2,905,029$5,303,202
81$7,241,246$3,656,441$2,960,940$5,695,987
82$7,937,141$3,792,895$3,017,420$6,124,204
83$8,702,673$3,934,690$3,074,446$6,591,315
84$9,544,900$4,082,045$3,131,995$7,101,132
85$10,471,604$4,235,188$3,190,041$7,657,849
86$11,491,354$4,394,359$3,248,554$8,266,082
87$12,613,596$4,559,807$3,307,505$8,930,914
88$13,848,736$4,731,790$3,366,859$9,657,938
89$15,208,239$4,910,580$3,426,581$10,453,313
90$16,704,740$5,096,459$3,486,632$11,323,818
91$18,352,159$5,289,722$3,546,970$12,276,919
92$20,165,837$5,490,675$3,607,551$13,320,834
93$22,162,676$5,699,642$3,668,327$14,464,613
94$24,361,299$5,916,954$3,729,246$15,718,222
95$26,782,230$6,142,964$3,790,255$17,092,636
96$29,448,082$6,378,034$3,851,293$18,599,940
97$32,383,775$6,622,546$3,912,299$20,253,444
98$35,616,765$6,876,896$3,973,207$22,067,807
99$39,177,311$7,141,500$4,033,945$24,059,172
100$43,098,753$7,416,789$4,094,439$26,245,323