Can I retire at age 69 with 433,000?

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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$35,757$35,438$35,127$34,824$34,528$33,693
2 years$17,701$17,372$17,052$16,742$16,442$15,606
3 years$11,684$11,353$11,034$10,727$10,431$9,620
4 years$8,675$8,345$8,030$7,728$7,440$6,660
5 years$6,871$6,543$6,231$5,936$5,656$4,909
6 years$5,668$5,343$5,036$4,747$4,475$3,763
7 years$4,810$4,487$4,185$3,903$3,639$2,961
8 years$4,166$3,846$3,549$3,274$3,019$2,375
9 years$3,666$3,349$3,057$2,789$2,543$1,932
10 years$3,266$2,952$2,665$2,404$2,166$1,588
11 years$2,938$2,628$2,346$2,092$1,863$1,317
12 years$2,666$2,358$2,082$1,835$1,615$1,099
13 years$2,436$2,131$1,860$1,620$1,408$922
14 years$2,238$1,937$1,672$1,438$1,234$777
15 years$2,068$1,770$1,509$1,283$1,087$658
16 years$1,918$1,624$1,368$1,148$960$558
17 years$1,787$1,495$1,245$1,032$852$475
18 years$1,670$1,382$1,137$930$757$405
19 years$1,565$1,281$1,041$840$675$346
20 years$1,472$1,190$955$761$603$296
21 years$1,387$1,109$878$691$539$253
22 years$1,310$1,035$810$628$484$217
23 years$1,240$968$747$572$434$186
24 years$1,175$907$691$522$390$160
25 years$1,116$851$640$476$351$137
26 years$1,062$800$594$436$316$118
27 years$1,012$753$551$399$285$102
28 years$965$709$513$365$257$87
29 years$922$669$477$335$232$75
30 years$881$632$444$307$210$65
31 years$844$597$414$282$190$56
32 years$808$565$386$259$172$48
33 years$775$535$361$239$155$41
34 years$744$507$337$220$141$36
35 years$715$481$315$202$127$31
36 years$688$457$295$186$115$27
37 years$662$434$276$171$105$23
38 years$637$412$258$158$95$20
39 years$614$392$242$146$86$17
40 years$592$373$227$134$78$15
41 years$571$355$213$124$71$13
42 years$551$338$200$114$64$11
43 years$532$322$187$106$58$9
44 years$514$307$176$98$53$8
45 years$497$293$165$90$48$7
46 years$481$279$155$83$44$6
47 years$465$267$146$77$40$5
48 years$451$254$137$71$36$5
49 years$436$243$129$66$33$4
50 years$423$232$121$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $433,000, adding $4,465 every year, while hoping to spend $28,864 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: 55/33/12 Blend
68$433,000$433,000$433,000$433,000
69$481,772$458,823$452,111$506,552
70$500,201$450,594$436,546$515,637
71$519,543$440,995$419,492$521,996
72$539,860$429,927$400,868$528,246
73$561,221$417,288$380,592$534,381
74$583,698$402,967$358,574$540,397
75$607,372$386,850$334,724$546,293
76$632,332$368,814$308,945$552,066
77$658,672$348,728$281,137$557,718
78$686,498$326,456$251,196$563,252
79$715,921$301,853$219,011$568,671
80$747,067$274,766$184,470$573,986
81$780,070$245,032$147,453$579,206
82$815,080$212,481$107,834$584,347
83$852,256$176,931$65,485$589,428
84$891,777$138,191$20,270$594,474
85$933,835$96,060$0$599,515
86$978,643$50,323$0$608,169
87$1,026,433$757$0$619,900
88$1,077,458$0$0$632,181
89$1,131,997$0$0$664,296
90$1,190,355$0$0$698,980
91$1,252,866$0$0$736,160
92$1,319,898$0$0$776,057
93$1,391,854$0$0$818,915
94$1,469,175$0$0$865,002
95$1,552,346$0$0$914,610
96$1,641,900$0$0$968,061
97$1,738,422$0$0$1,025,710
98$1,842,554$0$0$1,087,944
99$1,955,003$0$0$1,155,191
100$2,076,543$0$0$1,227,919