Can I retire at age 69 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$212,228$210,338$208,493$206,693$204,935$199,657
2 years$105,063$103,107$101,210$99,372$97,588$92,306
3 years$69,347$67,381$65,490$63,668$61,914$56,792
4 years$51,492$49,532$47,660$45,870$44,158$39,236
5 years$40,781$38,834$36,986$35,232$33,568$28,860
6 years$33,644$31,711$29,890$28,175$26,561$22,072
7 years$28,547$26,631$24,839$23,165$21,601$17,331
8 years$24,727$22,828$21,065$19,432$17,920$13,867
9 years$21,757$19,875$18,144$16,552$15,092$11,252
10 years$19,382$17,519$15,818$14,268$12,859$9,228
11 years$17,440$15,596$13,926$12,417$11,059$7,631
12 years$15,824$13,998$12,359$10,892$9,583$6,353
13 years$14,457$12,650$11,042$9,616$8,357$5,317
14 years$13,286$11,499$9,921$8,536$7,326$4,469
15 years$12,272$10,505$8,957$7,612$6,450$3,770
16 years$11,386$9,638$8,121$6,816$5,701$3,190
17 years$10,605$8,876$7,390$6,124$5,055$2,706
18 years$9,912$8,202$6,746$5,519$4,494$2,300
19 years$9,292$7,601$6,176$4,987$4,006$1,958
20 years$8,735$7,064$5,668$4,517$3,578$1,670
21 years$8,231$6,579$5,213$4,099$3,202$1,425
22 years$7,774$6,142$4,805$3,727$2,870$1,218
23 years$7,358$5,744$4,436$3,394$2,576$1,042
24 years$6,976$5,382$4,103$3,096$2,316$892
25 years$6,626$5,051$3,800$2,827$2,084$764
26 years$6,303$4,747$3,524$2,585$1,877$655
27 years$6,005$4,467$3,273$2,366$1,692$561
28 years$5,728$4,209$3,042$2,168$1,527$482
29 years$5,471$3,971$2,831$1,988$1,379$413
30 years$5,231$3,750$2,637$1,825$1,246$355
31 years$5,008$3,545$2,459$1,676$1,126$304
32 years$4,799$3,355$2,294$1,540$1,019$261
33 years$4,602$3,177$2,142$1,416$922$225
34 years$4,418$3,011$2,001$1,303$835$193
35 years$4,245$2,856$1,871$1,199$756$166
36 years$4,082$2,711$1,750$1,105$685$142
37 years$3,928$2,574$1,638$1,018$621$122
38 years$3,782$2,447$1,534$938$563$105
39 years$3,644$2,327$1,437$865$510$90
40 years$3,514$2,213$1,347$798$463$78
41 years$3,390$2,107$1,263$736$420$67
42 years$3,272$2,007$1,185$679$381$57
43 years$3,160$1,912$1,112$627$346$49
44 years$3,054$1,822$1,044$579$314$42
45 years$2,952$1,738$980$535$285$36
46 years$2,855$1,658$920$494$259$31
47 years$2,763$1,582$865$456$235$27
48 years$2,674$1,510$813$422$213$23
49 years$2,590$1,442$764$390$194$20
50 years$2,509$1,378$718$360$176$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,570,000, adding $2,775 every year, while hoping to spend $41,315 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: 66/14/20 Blend
68$2,570,000$2,570,000$2,570,000$2,570,000
69$2,835,002$2,698,792$2,658,957$3,007,674
70$3,080,214$2,787,074$2,704,074$3,212,098
71$3,349,052$2,878,298$2,749,317$3,430,490
72$3,643,884$2,972,562$2,794,647$3,668,256
73$3,967,314$3,069,973$2,840,022$3,927,298
74$4,322,216$3,170,636$2,885,398$4,209,710
75$4,711,749$3,274,665$2,930,726$4,517,800
76$5,139,398$3,382,174$2,975,956$4,854,106
77$5,608,999$3,493,283$3,021,034$5,221,426
78$6,124,779$3,608,116$3,065,900$5,622,841
79$6,691,394$3,726,802$3,110,496$6,061,743
80$7,313,974$3,849,472$3,154,754$6,541,869
81$7,998,168$3,976,265$3,198,607$7,067,335
82$8,750,202$4,107,323$3,241,982$7,642,674
83$9,576,935$4,242,794$3,284,800$8,272,882
84$10,485,922$4,382,830$3,326,981$8,963,459
85$11,485,488$4,527,591$3,368,437$9,720,464
86$12,584,805$4,677,240$3,409,076$10,550,576
87$13,793,978$4,831,948$3,448,803$11,461,147
88$15,124,140$4,991,890$3,487,515$12,460,282
89$16,587,560$5,157,250$3,525,104$13,556,906
90$18,197,751$5,328,216$3,561,455$14,760,854
91$19,969,608$5,504,984$3,596,450$16,082,963
92$21,919,538$5,687,758$3,629,961$17,535,170
93$24,065,621$5,876,749$3,661,855$19,130,628
94$26,427,779$6,072,174$3,691,992$20,883,831
95$29,027,963$6,274,261$3,720,224$22,810,746
96$31,890,358$6,483,243$3,746,394$24,928,967
97$35,041,616$6,699,363$3,770,340$27,257,880
98$38,511,103$6,922,874$3,791,889$29,818,845
99$42,331,179$7,154,038$3,810,860$32,635,399
100$46,537,498$7,393,125$3,827,063$35,733,476