Can I retire at age 69 with 2,710,000?

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 $2,710,000?

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$223,789$221,796$219,851$217,953$216,099$210,533
2 years$110,787$108,723$106,724$104,785$102,904$97,334
3 years$73,124$71,052$69,057$67,137$65,287$59,886
4 years$54,297$52,231$50,256$48,368$46,563$41,373
5 years$43,003$40,950$39,001$37,151$35,397$30,432
6 years$35,476$33,438$31,518$29,710$28,008$23,274
7 years$30,102$28,081$26,192$24,426$22,778$18,275
8 years$26,074$24,071$22,213$20,491$18,897$14,622
9 years$22,942$20,958$19,132$17,454$15,914$11,865
10 years$20,438$18,474$16,680$15,045$13,559$9,730
11 years$18,391$16,446$14,684$13,094$11,661$8,047
12 years$16,686$14,761$13,032$11,485$10,106$6,699
13 years$15,244$13,340$11,643$10,140$8,812$5,606
14 years$14,010$12,125$10,462$9,001$7,725$4,713
15 years$12,941$11,077$9,445$8,027$6,801$3,976
16 years$12,006$10,163$8,564$7,187$6,011$3,364
17 years$11,183$9,359$7,793$6,458$5,330$2,853
18 years$10,451$8,649$7,114$5,820$4,739$2,425
19 years$9,798$8,015$6,512$5,259$4,224$2,065
20 years$9,210$7,448$5,977$4,763$3,773$1,761
21 years$8,680$6,938$5,497$4,322$3,376$1,503
22 years$8,198$6,476$5,067$3,930$3,026$1,284
23 years$7,758$6,057$4,678$3,579$2,717$1,099
24 years$7,356$5,675$4,326$3,264$2,442$940
25 years$6,987$5,326$4,007$2,981$2,197$806
26 years$6,646$5,005$3,716$2,726$1,979$690
27 years$6,332$4,711$3,451$2,495$1,784$592
28 years$6,040$4,439$3,208$2,286$1,610$508
29 years$5,769$4,187$2,985$2,096$1,454$436
30 years$5,516$3,955$2,781$1,924$1,314$374
31 years$5,281$3,738$2,593$1,767$1,188$321
32 years$5,060$3,537$2,419$1,624$1,074$276
33 years$4,853$3,350$2,259$1,493$972$237
34 years$4,659$3,175$2,110$1,374$880$203
35 years$4,476$3,011$1,973$1,265$797$175
36 years$4,304$2,858$1,846$1,165$722$150
37 years$4,142$2,715$1,727$1,073$655$129
38 years$3,988$2,580$1,618$989$594$111
39 years$3,843$2,453$1,516$912$538$95
40 years$3,705$2,334$1,421$841$488$82
41 years$3,574$2,222$1,332$776$443$70
42 years$3,450$2,116$1,250$716$402$61
43 years$3,332$2,016$1,172$661$365$52
44 years$3,220$1,922$1,101$611$331$45
45 years$3,113$1,833$1,033$564$301$38
46 years$3,011$1,748$971$521$273$33
47 years$2,913$1,668$912$481$248$28
48 years$2,820$1,593$857$445$225$24
49 years$2,731$1,521$805$411$204$21
50 years$2,646$1,453$757$380$186$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,710,000, adding $3,782 every year, while hoping to spend $43,756 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: 54/34/12 Blend
68$2,710,000$2,710,000$2,710,000$2,710,000
69$2,990,321$2,846,691$2,804,686$3,142,323
70$3,248,778$2,939,623$2,852,087$3,338,972
71$3,532,131$3,035,642$2,899,609$3,547,840
72$3,842,873$3,134,853$2,947,211$3,774,159
73$4,183,750$3,237,365$2,994,847$4,019,597
74$4,557,787$3,343,291$3,042,469$4,285,986
75$4,968,316$3,452,747$3,090,027$4,575,346
76$5,419,007$3,565,854$3,137,465$4,889,897
77$5,913,901$3,682,736$3,184,725$5,232,081
78$6,457,453$3,803,524$3,231,747$5,604,587
79$7,054,567$3,928,351$3,278,465$6,010,375
80$7,710,648$4,057,355$3,324,809$6,452,701
81$8,431,650$4,190,681$3,370,706$6,935,151
82$9,224,131$4,328,477$3,416,077$7,461,670
83$10,095,318$4,470,898$3,460,841$8,036,604
84$11,053,170$4,618,102$3,504,909$8,664,737
85$12,106,460$4,770,256$3,548,190$9,351,335
86$13,264,850$4,927,530$3,590,586$10,102,198
87$14,538,988$5,090,101$3,631,993$10,923,712
88$15,940,602$5,258,154$3,672,303$11,822,910
89$17,482,619$5,431,879$3,711,400$12,807,537
90$19,179,277$5,611,472$3,749,163$13,886,122
91$21,046,268$5,797,138$3,785,465$15,068,059
92$23,100,879$5,989,090$3,820,169$16,363,695
93$25,362,159$6,187,545$3,853,135$17,784,427
94$27,851,096$6,392,733$3,884,212$19,342,807
95$30,590,818$6,604,887$3,913,244$21,052,662
96$33,606,808$6,824,252$3,940,064$22,929,223
97$36,927,144$7,051,082$3,964,497$24,989,269
98$40,582,765$7,285,638$3,986,361$27,251,282
99$44,607,766$7,528,193$4,005,462$29,735,622
100$49,039,712$7,779,028$4,021,599$32,464,722