Can I retire at age 69 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$31,463$31,182$30,909$30,642$30,381$30,039
2 years$15,576$15,285$15,004$14,732$14,467$14,123
3 years$10,281$9,989$9,709$9,439$9,179$8,843
4 years$7,634$7,343$7,066$6,800$6,546$6,221
5 years$6,046$5,757$5,483$5,223$4,976$4,663
6 years$4,988$4,701$4,431$4,177$3,938$3,637
7 years$4,232$3,948$3,682$3,434$3,202$2,914
8 years$3,666$3,384$3,123$2,881$2,657$2,381
9 years$3,225$2,947$2,690$2,454$2,237$1,974
10 years$2,873$2,597$2,345$2,115$1,906$1,655
11 years$2,586$2,312$2,064$1,841$1,639$1,400
12 years$2,346$2,075$1,832$1,615$1,421$1,193
13 years$2,143$1,875$1,637$1,426$1,239$1,022
14 years$1,970$1,705$1,471$1,265$1,086$881
15 years$1,819$1,557$1,328$1,129$956$762
16 years$1,688$1,429$1,204$1,010$845$661
17 years$1,572$1,316$1,096$908$749$575
18 years$1,469$1,216$1,000$818$666$502
19 years$1,377$1,127$916$739$594$439
20 years$1,295$1,047$840$670$530$384
21 years$1,220$975$773$608$475$337
22 years$1,153$910$712$553$425$296
23 years$1,091$852$658$503$382$261
24 years$1,034$798$608$459$343$229
25 years$982$749$563$419$309$202
26 years$934$704$522$383$278$178
27 years$890$662$485$351$251$157
28 years$849$624$451$321$226$139
29 years$811$589$420$295$204$123
30 years$776$556$391$270$185$109
31 years$742$526$364$248$167$96
32 years$711$497$340$228$151$85
33 years$682$471$318$210$137$75
34 years$655$446$297$193$124$67
35 years$629$423$277$178$112$59
36 years$605$402$259$164$102$52
37 years$582$382$243$151$92$46
38 years$561$363$227$139$83$41
39 years$540$345$213$128$76$36
40 years$521$328$200$118$69$32
41 years$503$312$187$109$62$29
42 years$485$297$176$101$57$25
43 years$468$283$165$93$51$22
44 years$453$270$155$86$47$20
45 years$438$258$145$79$42$18
46 years$423$246$136$73$38$16
47 years$410$235$128$68$35$14
48 years$396$224$120$63$32$12
49 years$384$214$113$58$29$11
50 years$372$204$106$53$26$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $381,000, adding $5,284 every year, while hoping to spend $20,890 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: 53/30/17 Blend
68$381,000$381,000$381,000$381,000
69$425,312$405,119$399,214$445,633
70$446,468$402,744$390,361$457,747
71$469,080$399,551$380,511$468,271
72$493,277$395,480$369,609$479,260
73$519,198$390,464$357,597$490,766
74$546,993$384,435$344,414$502,844
75$576,831$377,317$329,996$515,557
76$608,895$369,032$314,279$528,977
77$643,387$359,499$297,191$543,182
78$680,526$348,629$278,661$558,262
79$720,557$336,328$258,613$574,315
80$763,745$322,499$236,967$591,454
81$810,383$307,038$213,642$609,801
82$860,794$289,835$188,551$629,495
83$915,330$270,772$161,603$650,690
84$974,382$249,728$132,705$673,557
85$1,038,376$226,572$101,758$698,290
86$1,107,783$201,166$68,659$725,100
87$1,183,119$173,366$33,301$754,225
88$1,264,953$143,017$0$785,930
89$1,353,911$109,957$0$821,312
90$1,450,680$74,016$0$866,393
91$1,556,018$35,011$0$915,510
92$1,670,758$0$0$969,090
93$1,795,815$0$0$1,029,997
94$1,932,200$0$0$1,109,059
95$2,081,022$0$0$1,195,368
96$2,243,504$0$0$1,289,634
97$2,420,990$0$0$1,392,645
98$2,614,963$0$0$1,505,264
99$2,827,053$0$0$1,628,443
100$3,059,054$0$0$1,763,230