Can I retire at age 69 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$313,800$311,005$308,278$305,616$303,017$293,906
2 years$155,347$152,454$149,650$146,931$144,294$135,191
3 years$102,536$99,630$96,833$94,140$91,546$82,737
4 years$76,135$73,239$70,470$67,823$65,291$56,844
5 years$60,299$57,420$54,687$52,094$49,633$41,571
6 years$49,745$46,888$44,196$41,660$39,273$31,602
7 years$42,210$39,376$36,727$34,251$31,940$24,660
8 years$36,561$33,753$31,147$28,732$26,497$19,604
9 years$32,169$29,388$26,827$24,474$22,314$15,801
10 years$28,658$25,904$23,388$21,097$19,013$12,869
11 years$25,787$23,061$20,591$18,360$16,352$10,568
12 years$23,397$20,698$18,274$16,104$14,170$8,734
13 years$21,376$18,705$16,326$14,218$12,357$7,256
14 years$19,645$17,002$14,669$12,621$10,832$6,053
15 years$18,146$15,532$13,244$11,256$9,537$5,067
16 years$16,835$14,250$12,008$10,078$8,429$4,254
17 years$15,681$13,124$10,927$9,055$7,474$3,579
18 years$14,655$12,127$9,975$8,161$6,645$3,017
19 years$13,739$11,239$9,131$7,374$5,923$2,548
20 years$12,915$10,444$8,380$6,678$5,291$2,154
21 years$12,171$9,728$7,708$6,061$4,734$1,824
22 years$11,495$9,081$7,104$5,511$4,244$1,545
23 years$10,879$8,493$6,560$5,019$3,809$1,310
24 years$10,315$7,958$6,067$4,578$3,424$1,112
25 years$9,797$7,468$5,619$4,180$3,081$944
26 years$9,320$7,019$5,211$3,822$2,775$802
27 years$8,878$6,605$4,839$3,499$2,502$682
28 years$8,469$6,224$4,499$3,206$2,258$579
29 years$8,089$5,872$4,186$2,940$2,039$493
30 years$7,735$5,545$3,899$2,698$1,842$419
31 years$7,405$5,242$3,635$2,478$1,665$357
32 years$7,095$4,960$3,392$2,277$1,507$303
33 years$6,805$4,697$3,167$2,094$1,363$258
34 years$6,533$4,452$2,959$1,927$1,234$220
35 years$6,277$4,223$2,766$1,774$1,118$187
36 years$6,035$4,008$2,588$1,633$1,013$159
37 years$5,807$3,807$2,422$1,505$918$136
38 years$5,592$3,618$2,268$1,387$832$115
39 years$5,388$3,440$2,125$1,279$755$98
40 years$5,195$3,273$1,992$1,180$685$84
41 years$5,012$3,115$1,868$1,088$621$71
42 years$4,838$2,967$1,752$1,005$564$61
43 years$4,672$2,827$1,644$927$512$52
44 years$4,515$2,695$1,543$856$464$44
45 years$4,365$2,570$1,449$791$421$37
46 years$4,222$2,451$1,361$730$383$32
47 years$4,085$2,339$1,279$675$348$27
48 years$3,954$2,233$1,202$624$316$23
49 years$3,830$2,133$1,129$576$287$20
50 years$3,710$2,037$1,062$533$260$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $3,800,000, adding $2,260 every year, while hoping to spend $55,310 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: 22/49/29 Blend
68$3,800,000$3,800,000$3,800,000$3,800,000
69$4,189,931$3,988,531$3,929,631$4,243,590
70$4,558,455$4,125,120$4,002,424$4,428,397
71$4,962,714$4,266,548$4,075,802$4,621,197
72$5,406,295$4,412,993$4,149,727$4,826,277
73$5,893,150$4,564,642$4,224,155$5,044,677
74$6,427,629$4,721,687$4,299,042$5,277,538
75$7,014,526$4,884,329$4,374,339$5,526,110
76$7,659,123$5,052,776$4,449,994$5,791,766
77$8,367,235$5,227,243$4,525,950$6,076,009
78$9,145,271$5,407,957$4,602,148$6,380,492
79$10,000,291$5,595,149$4,678,522$6,707,026
80$10,940,073$5,789,063$4,755,005$7,057,601
81$11,973,184$5,989,952$4,831,521$7,434,402
82$13,109,066$6,198,076$4,907,994$7,839,830
83$14,358,118$6,413,709$4,984,339$8,276,520
84$15,731,799$6,637,133$5,060,467$8,747,370
85$17,242,733$6,868,644$5,136,284$9,255,564
86$18,904,831$7,108,547$5,211,689$9,804,602
87$20,733,418$7,357,160$5,286,575$10,398,330
88$22,745,381$7,614,815$5,360,829$11,040,978
89$24,959,324$7,881,855$5,434,331$11,737,199
90$27,395,747$8,158,638$5,506,953$12,492,109
91$30,077,239$8,445,537$5,578,562$13,311,334
92$33,028,687$8,742,938$5,649,013$14,201,066
93$36,277,516$9,051,244$5,718,158$15,168,114
94$39,853,942$9,370,875$5,785,835$16,219,972
95$43,791,261$9,702,265$5,851,878$17,364,887
96$48,126,161$10,045,867$5,916,108$18,611,932
97$52,899,070$10,402,155$5,978,337$19,971,096
98$58,154,532$10,771,618$6,038,369$21,453,370
99$63,941,634$11,154,766$6,095,994$23,070,857
100$70,314,463$11,552,133$6,150,992$24,836,876