Can I retire at age 69 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$379,864$376,480$373,179$369,957$366,810$358,526
2 years$188,051$184,549$181,155$177,864$174,672$166,369
3 years$124,122$120,605$117,219$113,959$110,819$102,758
4 years$92,164$88,657$85,306$82,101$79,037$71,280
5 years$72,994$69,508$66,201$63,062$60,083$52,651
6 years$60,218$56,759$53,500$50,431$47,541$40,443
7 years$51,096$47,666$44,459$41,462$38,664$31,900
8 years$44,258$40,859$37,704$34,781$32,075$25,644
9 years$38,942$35,575$32,475$29,626$27,012$20,908
10 years$34,692$31,357$28,312$25,538$23,016$17,232
11 years$31,216$27,916$24,926$22,226$19,794$14,323
12 years$28,322$25,056$22,121$19,495$17,153$11,987
13 years$25,876$22,643$19,764$17,211$14,958$10,086
14 years$23,780$20,582$17,758$15,278$13,112$8,525
15 years$21,966$18,802$16,033$13,625$11,545$7,232
16 years$20,380$17,250$14,536$12,200$10,203$6,154
17 years$18,982$15,887$13,227$10,962$9,047$5,250
18 years$17,740$14,680$12,075$9,879$8,044$4,489
19 years$16,631$13,605$11,054$8,926$7,170$3,845
20 years$15,634$12,643$10,145$8,084$6,404$3,298
21 years$14,733$11,776$9,331$7,337$5,731$2,833
22 years$13,915$10,993$8,600$6,671$5,137$2,436
23 years$13,169$10,281$7,941$6,075$4,611$2,097
24 years$12,487$9,633$7,344$5,541$4,145$1,806
25 years$11,860$9,040$6,802$5,061$3,730$1,557
26 years$11,282$8,496$6,308$4,627$3,360$1,343
27 years$10,748$7,996$5,858$4,235$3,029$1,159
28 years$10,252$7,534$5,446$3,880$2,733$1,001
29 years$9,792$7,108$5,068$3,558$2,468$864
30 years$9,364$6,713$4,720$3,266$2,230$747
31 years$8,963$6,346$4,401$2,999$2,016$645
32 years$8,589$6,004$4,106$2,756$1,824$558
33 years$8,238$5,686$3,834$2,535$1,650$482
34 years$7,908$5,389$3,582$2,332$1,494$417
35 years$7,598$5,112$3,349$2,147$1,353$361
36 years$7,306$4,852$3,133$1,977$1,226$312
37 years$7,030$4,608$2,932$1,822$1,111$270
38 years$6,769$4,379$2,746$1,679$1,008$234
39 years$6,523$4,164$2,573$1,548$914$202
40 years$6,289$3,962$2,411$1,428$829$175
41 years$6,067$3,771$2,261$1,318$752$151
42 years$5,856$3,592$2,121$1,216$682$131
43 years$5,656$3,422$1,990$1,122$619$113
44 years$5,465$3,262$1,868$1,036$562$98
45 years$5,284$3,111$1,754$957$510$85
46 years$5,110$2,967$1,648$884$463$74
47 years$4,945$2,832$1,548$817$421$64
48 years$4,787$2,703$1,455$755$382$55
49 years$4,636$2,582$1,367$698$347$48
50 years$4,491$2,466$1,285$645$315$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $4,600,000, adding $2,420 every year, while hoping to spend $47,439 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: 32/45/23 Blend
68$4,600,000$4,600,000$4,600,000$4,600,000
69$5,071,696$4,827,896$4,756,596$5,198,002
70$5,538,535$5,013,988$4,865,467$5,479,657
71$6,051,400$5,207,609$4,976,396$5,778,381
72$6,614,938$5,409,077$5,089,400$6,099,174
73$7,234,266$5,618,726$5,204,499$6,444,003
74$7,915,019$5,836,902$5,321,708$6,815,024
75$8,663,410$6,063,969$5,441,044$7,214,602
76$9,486,280$6,300,305$5,562,521$7,645,333
77$10,391,167$6,546,307$5,686,152$8,110,065
78$11,386,378$6,802,387$5,811,950$8,611,925
79$12,481,062$7,068,978$5,939,924$9,154,346
80$13,685,302$7,346,530$6,070,083$9,741,098
81$15,010,207$7,635,513$6,202,435$10,376,323
82$16,468,015$7,936,421$6,336,984$11,064,570
83$18,072,213$8,249,766$6,473,733$11,810,839
84$19,837,660$8,576,086$6,612,684$12,620,623
85$21,780,728$8,915,940$6,753,836$13,499,961
86$23,919,457$9,269,916$6,897,184$14,455,489
87$26,273,725$9,638,625$7,042,723$15,494,506
88$28,865,434$10,022,708$7,190,444$16,625,034
89$31,718,719$10,422,831$7,340,334$17,855,898
90$34,860,174$10,839,695$7,492,380$19,196,802
91$38,319,100$11,274,028$7,646,563$20,658,419
92$42,127,786$11,726,594$7,802,862$22,252,492
93$46,321,814$12,198,190$7,961,251$23,991,936
94$50,940,387$12,689,650$8,121,701$25,890,966
95$56,026,708$13,201,844$8,284,180$27,965,218
96$61,628,381$13,735,684$8,448,649$30,231,902
97$67,797,864$14,292,120$8,615,067$32,709,955
98$74,592,961$14,872,149$8,783,386$35,420,220
99$82,077,369$15,476,810$8,953,555$38,385,638
100$90,321,278$16,107,191$9,125,517$41,631,461