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%12.4%
1 years$185,803$184,148$182,533$180,957$179,418$177,618
2 years$91,982$90,269$88,608$86,999$85,437$83,624
3 years$60,712$58,991$57,335$55,741$54,205$52,435
4 years$45,080$43,365$41,726$40,158$38,659$36,947
5 years$35,704$33,999$32,381$30,845$29,388$27,738
6 years$29,455$27,762$26,168$24,667$23,254$21,667
7 years$24,993$23,315$21,746$20,280$18,912$17,390
8 years$21,648$19,985$18,442$17,013$15,689$14,232
9 years$19,048$17,401$15,884$14,491$13,212$11,819
10 years$16,969$15,338$13,848$12,491$11,258$9,927
11 years$15,269$13,654$12,192$10,871$9,682$8,414
12 years$13,853$12,255$10,820$9,536$8,390$7,183
13 years$12,657$11,075$9,667$8,418$7,316$6,169
14 years$11,632$10,067$8,686$7,473$6,414$5,324
15 years$10,744$9,197$7,842$6,665$5,647$4,613
16 years$9,968$8,438$7,110$5,967$4,991$4,012
17 years$9,285$7,771$6,470$5,362$4,425$3,499
18 years$8,677$7,181$5,906$4,832$3,935$3,059
19 years$8,135$6,655$5,407$4,366$3,507$2,681
20 years$7,647$6,184$4,962$3,954$3,133$2,353
21 years$7,206$5,760$4,564$3,589$2,803$2,069
22 years$6,806$5,377$4,207$3,263$2,513$1,822
23 years$6,441$5,029$3,884$2,972$2,256$1,606
24 years$6,108$4,712$3,592$2,710$2,027$1,418
25 years$5,801$4,422$3,327$2,475$1,824$1,252
26 years$5,518$4,156$3,086$2,263$1,643$1,107
27 years$5,257$3,911$2,865$2,072$1,482$980
28 years$5,015$3,685$2,664$1,898$1,337$867
29 years$4,790$3,477$2,479$1,741$1,207$768
30 years$4,580$3,283$2,309$1,597$1,091$681
31 years$4,384$3,104$2,152$1,467$986$604
32 years$4,201$2,937$2,008$1,348$892$536
33 years$4,029$2,781$1,875$1,240$807$475
34 years$3,868$2,636$1,752$1,141$731$422
35 years$3,716$2,500$1,638$1,050$662$374
36 years$3,574$2,373$1,532$967$600$333
37 years$3,439$2,254$1,434$891$544$295
38 years$3,311$2,142$1,343$821$493$262
39 years$3,190$2,037$1,258$757$447$233
40 years$3,076$1,938$1,179$699$405$207
41 years$2,968$1,845$1,106$644$368$184
42 years$2,865$1,757$1,037$595$334$164
43 years$2,767$1,674$973$549$303$145
44 years$2,673$1,596$914$507$275$129
45 years$2,584$1,522$858$468$250$115
46 years$2,500$1,451$806$432$227$102
47 years$2,419$1,385$757$400$206$91
48 years$2,341$1,322$711$369$187$81
49 years$2,268$1,263$669$341$170$72
50 years$2,197$1,206$629$315$154$64

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 $6,272 every year, while hoping to spend $38,144 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: 62/21/17 Blend
68$2,250,000$2,250,000$2,250,000$2,250,000
69$2,485,970$2,366,720$2,331,845$2,629,059
70$2,698,954$2,442,104$2,369,376$2,801,507
71$2,932,383$2,519,904$2,406,887$2,984,826
72$3,188,305$2,600,197$2,444,336$3,184,053
73$3,468,969$2,683,064$2,481,679$3,400,738
74$3,776,859$2,768,589$2,518,870$3,636,586
75$4,114,706$2,856,857$2,555,859$3,893,475
76$4,485,520$2,947,958$2,592,595$4,173,471
77$4,892,618$3,041,982$2,629,022$4,478,851
78$5,339,651$3,139,026$2,665,080$4,812,121
79$5,830,643$3,239,186$2,700,708$5,176,040
80$6,370,027$3,342,564$2,735,839$5,573,648
81$6,962,684$3,449,264$2,770,404$6,008,291
82$7,613,994$3,559,394$2,804,329$6,483,656
83$8,329,883$3,673,065$2,837,536$7,003,801
84$9,116,879$3,790,394$2,869,941$7,573,200
85$9,982,175$3,911,498$2,901,459$8,196,777
86$10,933,696$4,036,500$2,931,997$8,879,957
87$11,980,172$4,165,528$2,961,458$9,628,718
88$13,131,223$4,298,712$2,989,740$10,449,641
89$14,397,446$4,436,187$3,016,735$11,349,980
90$15,790,520$4,578,095$3,042,330$12,337,724
91$17,323,310$4,724,579$3,066,405$13,421,675
92$19,009,993$4,875,788$3,088,835$14,611,529
93$20,866,188$5,031,878$3,109,486$15,917,970
94$22,909,106$5,193,006$3,128,221$17,352,766
95$25,157,711$5,359,340$3,144,892$18,928,887
96$27,632,897$5,531,047$3,159,346$20,660,618
97$30,357,689$5,708,305$3,171,421$22,563,701
98$33,357,456$5,891,295$3,180,946$24,655,481
99$36,660,153$6,080,204$3,187,744$26,955,066
100$40,296,583$6,275,228$3,191,627$29,483,513