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%19.2%
1 years$212,228$210,338$208,493$206,693$204,935$197,350
2 years$105,063$103,107$101,210$99,372$97,588$90,032
3 years$69,347$67,381$65,490$63,668$61,914$54,624
4 years$51,492$49,532$47,660$45,870$44,158$37,190
5 years$40,781$38,834$36,986$35,232$33,568$26,941
6 years$33,644$31,711$29,890$28,175$26,561$20,279
7 years$28,547$26,631$24,839$23,165$21,601$15,662
8 years$24,727$22,828$21,065$19,432$17,920$12,319
9 years$21,757$19,875$18,144$16,552$15,092$9,821
10 years$19,382$17,519$15,818$14,268$12,859$7,909
11 years$17,440$15,596$13,926$12,417$11,059$6,419
12 years$15,824$13,998$12,359$10,892$9,583$5,242
13 years$14,457$12,650$11,042$9,616$8,357$4,302
14 years$13,286$11,499$9,921$8,536$7,326$3,544
15 years$12,272$10,505$8,957$7,612$6,450$2,929
16 years$11,386$9,638$8,121$6,816$5,701$2,427
17 years$10,605$8,876$7,390$6,124$5,055$2,015
18 years$9,912$8,202$6,746$5,519$4,494$1,676
19 years$9,292$7,601$6,176$4,987$4,006$1,396
20 years$8,735$7,064$5,668$4,517$3,578$1,165
21 years$8,231$6,579$5,213$4,099$3,202$972
22 years$7,774$6,142$4,805$3,727$2,870$812
23 years$7,358$5,744$4,436$3,394$2,576$679
24 years$6,976$5,382$4,103$3,096$2,316$568
25 years$6,626$5,051$3,800$2,827$2,084$475
26 years$6,303$4,747$3,524$2,585$1,877$398
27 years$6,005$4,467$3,273$2,366$1,692$333
28 years$5,728$4,209$3,042$2,168$1,527$279
29 years$5,471$3,971$2,831$1,988$1,379$234
30 years$5,231$3,750$2,637$1,825$1,246$196
31 years$5,008$3,545$2,459$1,676$1,126$164
32 years$4,799$3,355$2,294$1,540$1,019$138
33 years$4,602$3,177$2,142$1,416$922$116
34 years$4,418$3,011$2,001$1,303$835$97
35 years$4,245$2,856$1,871$1,199$756$81
36 years$4,082$2,711$1,750$1,105$685$68
37 years$3,928$2,574$1,638$1,018$621$57
38 years$3,782$2,447$1,534$938$563$48
39 years$3,644$2,327$1,437$865$510$40
40 years$3,514$2,213$1,347$798$463$34
41 years$3,390$2,107$1,263$736$420$28
42 years$3,272$2,007$1,185$679$381$24
43 years$3,160$1,912$1,112$627$346$20
44 years$3,054$1,822$1,044$579$314$17
45 years$2,952$1,738$980$535$285$14
46 years$2,855$1,658$920$494$259$12
47 years$2,763$1,582$865$456$235$10
48 years$2,674$1,510$813$422$213$8
49 years$2,590$1,442$764$390$194$7
50 years$2,509$1,378$718$360$176$6

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 $5,030 every year, while hoping to spend $39,749 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: 34/39/27 Blend
68$2,570,000$2,570,000$2,570,000$2,570,000
69$2,837,328$2,701,118$2,661,283$2,910,437
70$3,084,443$2,791,181$2,708,144$3,055,931
71$3,355,432$2,884,324$2,755,242$3,208,796
72$3,652,687$2,980,656$2,802,543$3,372,868
73$3,978,844$3,080,292$2,850,012$3,549,170
74$4,336,808$3,183,348$2,897,609$3,738,826
75$4,729,775$3,289,945$2,945,292$3,943,074
76$5,161,270$3,400,210$2,993,017$4,163,272
77$5,635,172$3,514,273$3,040,736$4,400,914
78$6,155,757$3,632,270$3,088,398$4,657,645
79$6,727,735$3,754,341$3,135,949$4,935,270
80$7,356,293$3,880,633$3,183,333$5,235,779
81$8,047,147$4,011,297$3,230,487$5,561,356
82$8,806,595$4,146,489$3,277,347$5,914,408
83$9,641,573$4,286,372$3,323,844$6,297,582
84$10,559,726$4,431,117$3,369,904$6,713,789
85$11,569,473$4,580,897$3,415,451$7,166,237
86$12,680,093$4,735,895$3,460,403$7,658,452
87$13,901,809$4,896,299$3,504,672$8,194,318
88$15,245,882$5,062,307$3,548,168$8,778,110
89$16,724,722$5,234,120$3,590,792$9,414,533
90$18,352,003$5,411,951$3,632,442$10,108,768
91$20,142,789$5,596,018$3,673,011$10,866,519
92$22,113,680$5,786,550$3,712,383$11,694,068
93$24,282,966$5,983,781$3,750,439$12,598,331
94$26,670,801$6,187,959$3,787,050$13,586,923
95$29,299,390$6,399,337$3,822,084$14,668,232
96$32,193,203$6,618,179$3,855,399$15,851,494
97$35,379,200$6,844,761$3,886,846$17,146,883
98$38,887,092$7,079,367$3,916,269$18,565,604
99$42,749,614$7,322,295$3,943,502$20,119,997
100$47,002,839$7,573,851$3,968,373$21,823,655