Can I retire at age 69 with 363,000?

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 $363,000?

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 years$29,976$29,709$29,449$29,194$28,946$28,467
2 years$14,840$14,563$14,295$14,036$13,784$13,302
3 years$9,795$9,517$9,250$8,993$8,745$8,276
4 years$7,273$6,996$6,732$6,479$6,237$5,785
5 years$5,760$5,485$5,224$4,976$4,741$4,307
6 years$4,752$4,479$4,222$3,980$3,752$3,335
7 years$4,032$3,761$3,508$3,272$3,051$2,653
8 years$3,493$3,224$2,975$2,745$2,531$2,151
9 years$3,073$2,807$2,563$2,338$2,132$1,770
10 years$2,738$2,475$2,234$2,015$1,816$1,472
11 years$2,463$2,203$1,967$1,754$1,562$1,235
12 years$2,235$1,977$1,746$1,538$1,354$1,044
13 years$2,042$1,787$1,560$1,358$1,180$887
14 years$1,877$1,624$1,401$1,206$1,035$757
15 years$1,733$1,484$1,265$1,075$911$649
16 years$1,608$1,361$1,147$963$805$558
17 years$1,498$1,254$1,044$865$714$482
18 years$1,400$1,158$953$780$635$416
19 years$1,312$1,074$872$704$566$360
20 years$1,234$998$801$638$505$313
21 years$1,163$929$736$579$452$272
22 years$1,098$867$679$526$405$236
23 years$1,039$811$627$479$364$206
24 years$985$760$580$437$327$179
25 years$936$713$537$399$294$157
26 years$890$670$498$365$265$137
27 years$848$631$462$334$239$119
28 years$809$595$430$306$216$104
29 years$773$561$400$281$195$91
30 years$739$530$372$258$176$80
31 years$707$501$347$237$159$70
32 years$678$474$324$218$144$61
33 years$650$449$303$200$130$54
34 years$624$425$283$184$118$47
35 years$600$403$264$169$107$41
36 years$577$383$247$156$97$36
37 years$555$364$231$144$88$32
38 years$534$346$217$133$80$28
39 years$515$329$203$122$72$24
40 years$496$313$190$113$65$21
41 years$479$298$178$104$59$19
42 years$462$283$167$96$54$16
43 years$446$270$157$89$49$14
44 years$431$257$147$82$44$13
45 years$417$245$138$76$40$11
46 years$403$234$130$70$37$10
47 years$390$223$122$64$33$8
48 years$378$213$115$60$30$7
49 years$366$204$108$55$27$6
50 years$354$195$101$51$25$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $363,000, adding $4,912 every year, while hoping to spend $31,052 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: 48/40/12 Blend
68$363,000$363,000$363,000$363,000
69$405,093$385,854$380,227$422,970
70$413,373$371,721$359,926$421,668
71$421,457$355,856$337,903$416,632
72$429,293$338,140$314,070$410,464
73$436,820$318,448$288,331$403,071
74$443,973$296,649$260,587$394,350
75$450,677$272,604$230,735$384,190
76$456,849$246,165$198,669$372,473
77$462,398$217,177$164,274$359,070
78$467,220$185,476$127,434$343,844
79$471,199$150,887$88,026$326,645
80$474,209$113,228$45,923$307,313
81$476,106$72,304$989$285,676
82$476,734$27,911$0$261,546
83$475,915$0$0$240,734
84$473,455$0$0$226,414
85$469,137$0$0$223,374
86$462,722$0$0$219,200
87$453,944$0$0$213,751
88$442,506$0$0$206,870
89$428,084$0$0$198,385
90$410,314$0$0$188,101
91$388,796$0$0$175,808
92$363,087$0$0$161,269
93$332,697$0$0$144,224
94$297,083$0$0$124,385
95$255,646$0$0$101,434
96$207,723$0$0$75,020
97$152,580$0$0$44,754
98$89,409$0$0$10,206
99$17,313$0$0$0
100$0$0$0$0