Can I retire at age 69 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$218,835$216,885$214,983$213,127$211,315$207,729
2 years$108,334$106,316$104,361$102,465$100,626$97,024
3 years$71,505$69,479$67,528$65,650$63,841$60,336
4 years$53,094$51,074$49,143$47,297$45,532$42,150
5 years$42,051$40,043$38,137$36,329$34,613$31,364
6 years$34,691$32,698$30,821$29,053$27,388$24,276
7 years$29,436$27,460$25,612$23,886$22,274$19,299
8 years$25,496$23,538$21,721$20,037$18,478$15,641
9 years$22,434$20,494$18,708$17,067$15,561$12,859
10 years$19,985$18,065$16,310$14,712$13,259$10,690
11 years$17,983$16,082$14,359$12,804$11,403$8,965
12 years$16,316$14,434$12,744$11,231$9,882$7,571
13 years$14,907$13,044$11,386$9,915$8,617$6,430
14 years$13,699$11,857$10,230$8,801$7,554$5,486
15 years$12,654$10,831$9,236$7,849$6,651$4,700
16 years$11,740$9,938$8,374$7,028$5,878$4,039
17 years$10,935$9,152$7,620$6,315$5,212$3,480
18 years$10,220$8,457$6,956$5,691$4,634$3,006
19 years$9,581$7,838$6,368$5,142$4,131$2,602
20 years$9,007$7,283$5,844$4,657$3,689$2,255
21 years$8,487$6,784$5,376$4,227$3,302$1,958
22 years$8,016$6,333$4,954$3,843$2,959$1,702
23 years$7,587$5,923$4,575$3,500$2,657$1,481
24 years$7,193$5,549$4,231$3,192$2,388$1,290
25 years$6,832$5,208$3,918$2,915$2,149$1,124
26 years$6,499$4,895$3,634$2,666$1,935$981
27 years$6,192$4,606$3,375$2,440$1,745$856
28 years$5,906$4,341$3,137$2,235$1,575$748
29 years$5,641$4,095$2,919$2,050$1,422$653
30 years$5,394$3,867$2,719$1,881$1,285$571
31 years$5,164$3,656$2,535$1,728$1,161$499
32 years$4,948$3,459$2,365$1,588$1,051$437
33 years$4,746$3,276$2,209$1,460$951$382
34 years$4,556$3,105$2,064$1,344$861$334
35 years$4,377$2,945$1,929$1,237$780$292
36 years$4,209$2,795$1,805$1,139$706$256
37 years$4,050$2,655$1,689$1,050$640$224
38 years$3,900$2,523$1,582$967$580$196
39 years$3,758$2,399$1,482$892$526$172
40 years$3,623$2,282$1,389$823$477$150
41 years$3,495$2,173$1,303$759$433$132
42 years$3,374$2,069$1,222$701$393$115
43 years$3,258$1,971$1,147$647$357$101
44 years$3,149$1,879$1,076$597$324$89
45 years$3,044$1,792$1,011$551$294$78
46 years$2,944$1,710$949$509$267$68
47 years$2,849$1,631$892$471$242$60
48 years$2,758$1,557$838$435$220$52
49 years$2,671$1,487$788$402$200$46
50 years$2,587$1,421$740$371$182$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,650,000, adding $3,363 every year, while hoping to spend $56,825 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: 27/48/25 Blend
68$2,650,000$2,650,000$2,650,000$2,650,000
69$2,923,769$2,783,319$2,742,244$2,979,716
70$3,161,532$2,859,240$2,773,648$3,100,602
71$3,421,642$2,936,977$2,804,199$3,225,144
72$3,706,319$3,016,559$2,833,809$3,357,685
73$4,018,007$3,098,013$2,862,385$3,498,942
74$4,359,397$3,181,369$2,889,828$3,649,705
75$4,733,452$3,266,653$2,916,034$3,810,843
76$5,143,437$3,353,891$2,940,894$3,983,312
77$5,592,947$3,443,111$2,964,293$4,168,164
78$6,085,940$3,534,336$2,986,109$4,366,561
79$6,626,777$3,627,590$3,006,215$4,579,777
80$7,220,262$3,722,896$3,024,477$4,809,219
81$7,871,686$3,820,274$3,040,754$5,056,435
82$8,586,876$3,919,746$3,054,897$5,323,132
83$9,372,252$4,021,328$3,066,751$5,611,189
84$10,234,886$4,125,038$3,076,152$5,922,675
85$11,182,569$4,230,889$3,082,927$6,259,872
86$12,223,882$4,338,894$3,086,897$6,625,293
87$13,368,282$4,449,063$3,087,872$7,021,708
88$14,626,183$4,561,404$3,085,652$7,452,168
89$16,009,062$4,675,921$3,080,030$7,920,037
90$17,529,562$4,792,616$3,070,786$8,429,020
91$19,201,611$4,911,488$3,057,691$8,983,203
92$21,040,556$5,032,532$3,040,504$9,587,087
93$23,063,305$5,155,739$3,018,974$10,245,634
94$25,288,489$5,281,096$2,992,835$10,964,313
95$27,736,631$5,408,587$2,961,812$11,749,150
96$30,430,349$5,538,189$2,925,615$12,606,789
97$33,394,561$5,669,876$2,883,939$13,544,553
98$36,656,722$5,803,616$2,836,466$14,570,513
99$40,247,084$5,939,370$2,782,865$15,693,565
100$44,198,982$6,077,095$2,722,787$16,923,516