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%16.7%
1 years$212,228$210,338$208,493$206,693$204,935$199,335
2 years$105,063$103,107$101,210$99,372$97,588$91,986
3 years$69,347$67,381$65,490$63,668$61,914$56,486
4 years$51,492$49,532$47,660$45,870$44,158$38,946
5 years$40,781$38,834$36,986$35,232$33,568$28,587
6 years$33,644$31,711$29,890$28,175$26,561$21,815
7 years$28,547$26,631$24,839$23,165$21,601$17,091
8 years$24,727$22,828$21,065$19,432$17,920$13,643
9 years$21,757$19,875$18,144$16,552$15,092$11,043
10 years$19,382$17,519$15,818$14,268$12,859$9,034
11 years$17,440$15,596$13,926$12,417$11,059$7,452
12 years$15,824$13,998$12,359$10,892$9,583$6,187
13 years$14,457$12,650$11,042$9,616$8,357$5,164
14 years$13,286$11,499$9,921$8,536$7,326$4,329
15 years$12,272$10,505$8,957$7,612$6,450$3,642
16 years$11,386$9,638$8,121$6,816$5,701$3,073
17 years$10,605$8,876$7,390$6,124$5,055$2,599
18 years$9,912$8,202$6,746$5,519$4,494$2,202
19 years$9,292$7,601$6,176$4,987$4,006$1,869
20 years$8,735$7,064$5,668$4,517$3,578$1,589
21 years$8,231$6,579$5,213$4,099$3,202$1,352
22 years$7,774$6,142$4,805$3,727$2,870$1,152
23 years$7,358$5,744$4,436$3,394$2,576$982
24 years$6,976$5,382$4,103$3,096$2,316$838
25 years$6,626$5,051$3,800$2,827$2,084$716
26 years$6,303$4,747$3,524$2,585$1,877$611
27 years$6,005$4,467$3,273$2,366$1,692$523
28 years$5,728$4,209$3,042$2,168$1,527$447
29 years$5,471$3,971$2,831$1,988$1,379$382
30 years$5,231$3,750$2,637$1,825$1,246$327
31 years$5,008$3,545$2,459$1,676$1,126$280
32 years$4,799$3,355$2,294$1,540$1,019$239
33 years$4,602$3,177$2,142$1,416$922$205
34 years$4,418$3,011$2,001$1,303$835$175
35 years$4,245$2,856$1,871$1,199$756$150
36 years$4,082$2,711$1,750$1,105$685$129
37 years$3,928$2,574$1,638$1,018$621$110
38 years$3,782$2,447$1,534$938$563$94
39 years$3,644$2,327$1,437$865$510$81
40 years$3,514$2,213$1,347$798$463$69
41 years$3,390$2,107$1,263$736$420$59
42 years$3,272$2,007$1,185$679$381$51
43 years$3,160$1,912$1,112$627$346$44
44 years$3,054$1,822$1,044$579$314$37
45 years$2,952$1,738$980$535$285$32
46 years$2,855$1,658$920$494$259$27
47 years$2,763$1,582$865$456$235$23
48 years$2,674$1,510$813$422$213$20
49 years$2,590$1,442$764$390$194$17
50 years$2,509$1,378$718$360$176$15

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 $6,204 every year, while hoping to spend $33,232 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: 85/6/9 Blend
68$2,570,000$2,570,000$2,570,000$2,570,000
69$2,838,539$2,702,329$2,662,494$3,076,003
70$3,092,712$2,799,385$2,716,329$3,329,072
71$3,371,696$2,900,082$2,770,854$3,601,909
72$3,677,988$3,004,565$2,826,056$3,900,630
73$4,014,336$3,112,983$2,881,923$4,227,818
74$4,383,770$3,225,490$2,938,439$4,586,317
75$4,789,625$3,342,249$2,995,587$4,979,263
76$5,235,576$3,463,429$3,053,349$5,410,106
77$5,725,673$3,589,206$3,111,704$5,882,648
78$6,264,376$3,719,761$3,170,630$6,401,078
79$6,856,599$3,855,286$3,230,103$6,970,007
80$7,507,757$3,995,979$3,290,096$7,594,518
81$8,223,814$4,142,048$3,350,580$8,280,209
82$9,011,342$4,293,707$3,411,523$9,033,246
83$9,877,581$4,451,182$3,472,892$9,860,422
84$10,830,511$4,614,706$3,534,651$10,769,222
85$11,878,920$4,784,524$3,596,758$11,767,891
86$13,032,493$4,960,888$3,659,173$12,865,513
87$14,301,901$5,144,066$3,721,849$14,072,096
88$15,698,901$5,334,332$3,784,737$15,398,667
89$17,236,450$5,531,974$3,847,786$16,857,372
90$18,928,820$5,737,293$3,910,940$18,461,599
91$20,791,741$5,950,602$3,974,138$20,226,093
92$22,842,544$6,172,227$4,037,316$22,167,103
93$25,100,325$6,402,507$4,100,408$24,302,533
94$27,586,126$6,641,799$4,163,340$26,652,109
95$30,323,135$6,890,471$4,226,036$29,237,565
96$33,336,900$7,148,910$4,288,414$32,082,851
97$36,655,575$7,417,517$4,350,386$35,214,356
98$40,310,181$7,696,713$4,411,862$38,661,155
99$44,334,903$7,986,935$4,472,743$42,455,287
100$48,767,409$8,288,641$4,532,925$46,632,056