Can I retire at age 69 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$322,058$319,190$316,391$313,659$310,991$300,436
2 years$159,435$156,466$153,588$150,798$148,091$137,562
3 years$105,234$102,252$99,381$96,617$93,955$83,783
4 years$78,139$75,166$72,324$69,607$67,010$57,273
5 years$61,886$58,931$56,127$53,465$50,940$41,664
6 years$51,055$48,122$45,359$42,757$40,307$31,500
7 years$43,321$40,412$37,693$35,153$32,780$24,440
8 years$37,523$34,641$31,967$29,489$27,194$19,315
9 years$33,016$30,161$27,533$25,118$22,902$15,473
10 years$29,412$26,586$24,004$21,652$19,513$12,524
11 years$26,466$23,668$21,133$18,843$16,782$10,218
12 years$24,013$21,243$18,755$16,528$14,543$8,389
13 years$21,938$19,197$16,756$14,592$12,682$6,922
14 years$20,161$17,450$15,055$12,953$11,117$5,735
15 years$18,623$15,941$13,593$11,552$9,788$4,767
16 years$17,278$14,625$12,324$10,343$8,651$3,973
17 years$16,093$13,469$11,214$9,294$7,670$3,318
18 years$15,041$12,446$10,237$8,375$6,820$2,777
19 years$14,100$11,535$9,372$7,568$6,079$2,327
20 years$13,255$10,719$8,601$6,854$5,430$1,953
21 years$12,491$9,984$7,911$6,221$4,859$1,640
22 years$11,797$9,320$7,291$5,656$4,355$1,379
23 years$11,165$8,717$6,732$5,151$3,910$1,160
24 years$10,586$8,167$6,226$4,698$3,514$977
25 years$10,055$7,664$5,767$4,290$3,162$823
26 years$9,565$7,203$5,348$3,923$2,848$693
27 years$9,112$6,779$4,966$3,591$2,568$584
28 years$8,692$6,388$4,617$3,290$2,317$493
29 years$8,302$6,026$4,296$3,017$2,092$416
30 years$7,939$5,691$4,002$2,769$1,891$351
31 years$7,599$5,380$3,731$2,543$1,709$296
32 years$7,282$5,091$3,481$2,337$1,546$250
33 years$6,984$4,821$3,250$2,149$1,399$211
34 years$6,705$4,569$3,037$1,977$1,267$178
35 years$6,442$4,334$2,839$1,820$1,147$150
36 years$6,194$4,113$2,656$1,676$1,040$127
37 years$5,960$3,907$2,486$1,545$942$107
38 years$5,739$3,713$2,328$1,424$854$90
39 years$5,530$3,531$2,181$1,313$775$76
40 years$5,332$3,359$2,044$1,211$703$64
41 years$5,144$3,197$1,917$1,117$637$54
42 years$4,965$3,045$1,798$1,031$578$46
43 years$4,795$2,901$1,687$952$525$39
44 years$4,634$2,766$1,584$879$477$33
45 years$4,480$2,637$1,487$812$433$28
46 years$4,333$2,516$1,397$750$393$23
47 years$4,193$2,401$1,312$693$357$20
48 years$4,059$2,292$1,233$640$324$17
49 years$3,930$2,189$1,159$591$294$14
50 years$3,808$2,091$1,090$547$267$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $3,900,000, adding $6,048 every year, while hoping to spend $35,146 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: 46/42/12 Blend
68$3,900,000$3,900,000$3,900,000$3,900,000
69$4,304,039$4,097,339$4,036,889$4,487,217
70$4,705,655$4,260,713$4,134,729$4,778,039
71$5,147,059$4,430,915$4,234,670$5,089,262
72$5,632,271$4,608,242$4,336,743$5,426,099
73$6,165,721$4,793,004$4,440,982$5,790,935
74$6,752,291$4,985,527$4,547,421$6,186,394
75$7,397,357$5,186,150$4,656,092$6,615,354
76$8,106,844$5,395,228$4,767,028$7,080,979
77$8,887,280$5,613,132$4,880,261$7,586,747
78$9,745,857$5,840,250$4,995,824$8,136,477
79$10,690,499$6,076,987$5,113,749$8,734,369
80$11,729,937$6,323,767$5,234,067$9,385,041
81$12,873,792$6,581,033$5,356,810$10,093,567
82$14,132,663$6,849,248$5,482,007$10,865,530
83$15,518,230$7,128,896$5,609,690$11,707,066
84$17,043,362$7,420,484$5,739,887$12,624,927
85$18,722,239$7,724,542$5,872,627$13,626,538
86$20,570,485$8,041,623$6,007,938$14,720,066
87$22,605,318$8,372,306$6,145,847$15,914,498
88$24,845,708$8,717,197$6,286,381$17,219,720
89$27,312,560$9,076,929$6,429,564$18,646,612
90$30,028,907$9,452,164$6,575,420$20,207,144
91$33,020,130$9,843,595$6,723,972$21,914,492
92$36,314,200$10,251,947$6,875,241$23,783,156
93$39,941,934$10,677,978$7,029,247$25,829,094
94$43,937,293$11,122,481$7,186,009$28,069,874
95$48,337,699$11,586,285$7,345,542$30,524,833
96$53,184,388$12,070,257$7,507,862$33,215,259
97$58,522,802$12,575,305$7,672,981$36,164,589
98$64,403,012$13,102,380$7,840,911$39,398,625
99$70,880,197$13,652,474$8,011,659$42,945,777
100$78,015,159$14,226,627$8,185,231$46,837,325