Can I retire at age 69 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$189,106$187,422$185,778$184,174$182,608$176,059
2 years$93,617$91,873$90,184$88,545$86,956$80,429
3 years$61,791$60,040$58,355$56,732$55,169$48,868
4 years$45,882$44,136$42,467$40,872$39,347$33,322
5 years$36,338$34,603$32,956$31,394$29,911$24,176
6 years$29,978$28,256$26,634$25,106$23,667$18,228
7 years$25,437$23,729$22,133$20,641$19,248$14,103
8 years$22,033$20,340$18,770$17,315$15,968$11,112
9 years$19,386$17,710$16,167$14,749$13,447$8,875
10 years$17,270$15,611$14,095$12,713$11,458$7,161
11 years$15,540$13,897$12,409$11,065$9,854$5,823
12 years$14,100$12,473$11,012$9,705$8,539$4,765
13 years$12,882$11,272$9,839$8,568$7,446$3,918
14 years$11,838$10,246$8,840$7,606$6,528$3,235
15 years$10,935$9,360$7,982$6,783$5,747$2,679
16 years$10,146$8,588$7,236$6,073$5,080$2,225
17 years$9,450$7,909$6,585$5,457$4,504$1,852
18 years$8,832$7,308$6,011$4,918$4,005$1,544
19 years$8,279$6,773$5,503$4,444$3,569$1,289
20 years$7,783$6,294$5,050$4,025$3,188$1,077
21 years$7,334$5,863$4,645$3,653$2,853$901
22 years$6,927$5,472$4,281$3,321$2,557$755
23 years$6,556$5,118$3,953$3,025$2,296$633
24 years$6,216$4,796$3,656$2,759$2,063$530
25 years$5,904$4,500$3,386$2,519$1,857$445
26 years$5,616$4,230$3,140$2,303$1,673$373
27 years$5,350$3,981$2,916$2,108$1,508$314
28 years$5,104$3,751$2,711$1,932$1,361$263
29 years$4,875$3,539$2,523$1,771$1,229$221
30 years$4,661$3,342$2,350$1,626$1,110$186
31 years$4,462$3,159$2,191$1,493$1,004$156
32 years$4,276$2,989$2,044$1,372$908$131
33 years$4,101$2,831$1,908$1,262$822$110
34 years$3,937$2,683$1,783$1,161$744$93
35 years$3,783$2,545$1,667$1,069$674$78
36 years$3,637$2,415$1,560$984$610$66
37 years$3,500$2,294$1,460$907$553$55
38 years$3,370$2,180$1,367$836$502$46
39 years$3,247$2,073$1,281$771$455$39
40 years$3,131$1,972$1,200$711$413$33
41 years$3,020$1,877$1,126$656$374$28
42 years$2,916$1,788$1,056$605$340$23
43 years$2,816$1,704$991$559$308$19
44 years$2,721$1,624$930$516$280$16
45 years$2,630$1,549$873$477$254$14
46 years$2,544$1,477$820$440$231$12
47 years$2,462$1,410$771$407$209$10
48 years$2,383$1,346$724$376$190$8
49 years$2,308$1,285$681$347$173$7
50 years$2,236$1,228$640$321$157$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,290,000, adding $6,710 every year, while hoping to spend $29,936 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: 58/34/8 Blend
68$2,290,000$2,290,000$2,290,000$2,290,000
69$2,530,501$2,409,131$2,373,636$2,672,345
70$2,756,761$2,495,327$2,421,302$2,854,688
71$3,005,095$2,584,743$2,469,560$3,049,374
72$3,277,725$2,677,506$2,518,400$3,260,832
73$3,577,096$2,773,746$2,567,809$3,490,671
74$3,905,901$2,873,601$2,617,772$3,740,662
75$4,267,108$2,977,213$2,668,273$4,012,750
76$4,663,987$3,084,730$2,719,294$4,309,077
77$5,100,139$3,196,307$2,770,816$4,631,998
78$5,579,532$3,312,105$2,822,817$4,984,104
79$6,106,538$3,432,291$2,875,274$5,368,249
80$6,685,971$3,557,040$2,928,163$5,787,569
81$7,323,138$3,686,533$2,981,455$6,245,520
82$8,023,885$3,820,961$3,035,120$6,745,902
83$8,794,653$3,960,519$3,089,128$7,292,900
84$9,642,538$4,105,414$3,143,444$7,891,121
85$10,575,358$4,255,861$3,198,030$8,545,635
86$11,601,727$4,412,081$3,252,848$9,262,025
87$12,731,139$4,574,309$3,307,853$10,046,437
88$13,974,051$4,742,785$3,363,002$10,905,639
89$15,341,986$4,917,764$3,418,245$11,847,081
90$16,847,642$5,099,507$3,473,529$12,878,970
91$18,505,009$5,288,291$3,528,800$14,010,340
92$20,329,503$5,484,401$3,583,998$15,251,143
93$22,338,111$5,688,135$3,639,061$16,612,337
94$24,549,549$5,899,804$3,693,920$18,105,990
95$26,984,442$6,119,733$3,748,505$19,745,395
96$29,665,515$6,348,260$3,802,740$21,545,192
97$32,617,810$6,585,738$3,856,545$23,521,505
98$35,868,922$6,832,534$3,909,834$25,692,095
99$39,449,256$7,089,032$3,962,517$28,076,528
100$43,392,317$7,355,632$4,014,499$30,696,352