Can I retire at age 69 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$35,509$35,193$34,884$34,583$34,289$32,954
2 years$17,579$17,251$16,934$16,626$16,328$15,000
3 years$11,603$11,274$10,957$10,653$10,359$9,079
4 years$8,615$8,288$7,974$7,675$7,388$6,166
5 years$6,823$6,498$6,188$5,895$5,616$4,455
6 years$5,629$5,306$5,001$4,714$4,444$3,344
7 years$4,776$4,456$4,156$3,876$3,614$2,575
8 years$4,137$3,819$3,525$3,251$2,998$2,020
9 years$3,640$3,325$3,036$2,769$2,525$1,605
10 years$3,243$2,931$2,647$2,387$2,151$1,288
11 years$2,918$2,610$2,330$2,078$1,850$1,042
12 years$2,648$2,342$2,068$1,822$1,603$848
13 years$2,419$2,117$1,847$1,609$1,398$694
14 years$2,223$1,924$1,660$1,428$1,226$570
15 years$2,053$1,758$1,499$1,274$1,079$469
16 years$1,905$1,613$1,359$1,140$954$387
17 years$1,774$1,485$1,236$1,025$846$320
18 years$1,658$1,372$1,129$923$752$266
19 years$1,555$1,272$1,033$834$670$220
20 years$1,461$1,182$948$756$599$183
21 years$1,377$1,101$872$686$536$152
22 years$1,301$1,028$804$624$480$127
23 years$1,231$961$742$568$431$105
24 years$1,167$900$686$518$387$88
25 years$1,109$845$636$473$349$73
26 years$1,055$794$590$433$314$61
27 years$1,005$747$548$396$283$51
28 years$958$704$509$363$255$43
29 years$915$664$474$333$231$35
30 years$875$627$441$305$208$30
31 years$838$593$411$280$188$25
32 years$803$561$384$258$170$21
33 years$770$532$358$237$154$17
34 years$739$504$335$218$140$14
35 years$710$478$313$201$127$12
36 years$683$454$293$185$115$10
37 years$657$431$274$170$104$8
38 years$633$409$257$157$94$7
39 years$610$389$240$145$85$6
40 years$588$370$225$133$77$5
41 years$567$353$211$123$70$4
42 years$547$336$198$114$64$3
43 years$529$320$186$105$58$3
44 years$511$305$175$97$53$2
45 years$494$291$164$89$48$2
46 years$478$277$154$83$43$2
47 years$462$265$145$76$39$1
48 years$447$253$136$71$36$1
49 years$433$241$128$65$32$1
50 years$420$231$120$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $430,000, adding $3,114 every year, while hoping to spend $21,254 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: 43/31/26 Blend
68$430,000$430,000$430,000$430,000
69$477,072$454,282$447,617$493,855
70$503,119$453,928$439,998$505,785
71$531,111$452,844$431,412$516,438
72$561,223$450,972$421,803$527,566
73$593,649$448,250$411,114$539,225
74$628,600$444,614$399,285$551,479
75$666,310$439,992$386,254$564,398
76$707,034$434,313$371,954$578,063
77$751,055$427,497$356,318$592,562
78$798,680$419,462$339,272$607,997
79$850,250$410,120$320,742$624,479
80$906,138$399,379$300,650$642,134
81$966,756$387,141$278,914$661,104
82$1,032,555$373,300$255,447$681,544
83$1,104,032$357,748$230,161$703,632
84$1,181,733$340,368$202,961$727,564
85$1,266,260$321,036$173,751$753,557
86$1,358,275$299,623$142,428$781,855
87$1,458,505$275,991$108,885$812,732
88$1,567,752$249,994$73,012$846,487
89$1,686,897$221,478$34,692$883,460
90$1,816,911$190,280$0$924,023
91$1,958,862$156,230$0$970,314
92$2,113,925$119,144$0$1,031,458
93$2,283,395$78,833$0$1,098,371
94$2,468,698$35,092$0$1,171,663
95$2,671,402$0$0$1,252,006
96$2,893,235$0$0$1,344,339
97$3,136,099$0$0$1,458,584
98$3,402,090$0$0$1,583,760
99$3,693,515$0$0$1,720,961
100$4,012,913$0$0$1,871,390