Can I retire at age 69 with 436,000?

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 $436,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$36,004$35,684$35,371$35,065$34,767$34,418
2 years$17,824$17,492$17,170$16,858$16,556$16,205
3 years$11,765$11,431$11,110$10,801$10,504$10,161
4 years$8,736$8,403$8,085$7,782$7,491$7,159
5 years$6,919$6,588$6,275$5,977$5,695$5,375
6 years$5,708$5,380$5,071$4,780$4,506$4,199
7 years$4,843$4,518$4,214$3,930$3,665$3,370
8 years$4,195$3,873$3,574$3,297$3,040$2,758
9 years$3,691$3,372$3,078$2,808$2,560$2,290
10 years$3,288$2,972$2,684$2,421$2,181$1,924
11 years$2,959$2,646$2,363$2,107$1,876$1,630
12 years$2,684$2,375$2,097$1,848$1,626$1,392
13 years$2,453$2,146$1,873$1,631$1,418$1,195
14 years$2,254$1,951$1,683$1,448$1,243$1,032
15 years$2,082$1,782$1,520$1,291$1,094$894
16 years$1,932$1,635$1,378$1,156$967$777
17 years$1,799$1,506$1,254$1,039$858$678
18 years$1,681$1,391$1,144$936$762$593
19 years$1,576$1,290$1,048$846$680$519
20 years$1,482$1,198$962$766$607$456
21 years$1,396$1,116$884$695$543$401
22 years$1,319$1,042$815$632$487$353
23 years$1,248$974$753$576$437$311
24 years$1,184$913$696$525$393$275
25 years$1,124$857$645$480$354$243
26 years$1,069$805$598$439$318$215
27 years$1,019$758$555$401$287$190
28 years$972$714$516$368$259$168
29 years$928$674$480$337$234$149
30 years$888$636$447$310$211$132
31 years$850$601$417$284$191$117
32 years$814$569$389$261$173$104
33 years$781$539$363$240$156$92
34 years$750$511$340$221$142$82
35 years$720$484$317$203$128$73
36 years$692$460$297$187$116$64
37 years$666$437$278$173$105$57
38 years$642$415$260$159$96$51
39 years$618$395$244$147$87$45
40 years$596$376$229$135$79$40
41 years$575$357$214$125$71$36
42 years$555$340$201$115$65$32
43 years$536$324$189$106$59$28
44 years$518$309$177$98$53$25
45 years$501$295$166$91$48$22
46 years$484$281$156$84$44$20
47 years$469$268$147$77$40$18
48 years$454$256$138$72$36$16
49 years$439$245$130$66$33$14
50 years$426$234$122$61$30$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $436,000, adding $3,220 every year, while hoping to spend $27,569 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: 58/22/20 Blend
68$436,000$436,000$436,000$436,000
69$483,793$460,685$453,927$509,111
70$503,807$453,926$439,801$519,925
71$524,938$445,911$424,277$528,444
72$547,272$436,550$407,280$537,118
73$570,900$425,748$388,730$545,968
74$595,924$413,402$368,545$555,019
75$622,455$399,405$346,638$564,298
76$650,613$383,643$322,918$573,838
77$680,530$365,996$297,290$583,675
78$712,350$346,337$269,656$593,852
79$746,232$324,529$239,911$604,418
80$782,349$300,432$207,949$615,428
81$820,889$273,894$173,656$626,946
82$862,061$244,756$136,915$639,042
83$906,092$212,850$97,602$651,798
84$953,231$177,997$55,589$665,306
85$1,003,751$140,010$10,743$679,670
86$1,057,954$98,691$0$695,006
87$1,116,168$53,829$0$719,369
88$1,178,754$5,203$0$747,946
89$1,246,109$0$0$778,642
90$1,318,668$0$0$823,158
91$1,396,910$0$0$872,548
92$1,481,361$0$0$925,886
93$1,572,598$0$0$983,541
94$1,671,255$0$0$1,045,918
95$1,778,030$0$0$1,113,463
96$1,893,690$0$0$1,186,664
97$2,019,078$0$0$1,266,060
98$2,155,121$0$0$1,352,243
99$2,302,838$0$0$1,445,863
100$2,463,351$0$0$1,547,637