Can I retire at age 69 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$44,180$43,786$43,402$43,028$42,662$42,076
2 years$21,871$21,464$21,069$20,686$20,315$19,726
3 years$14,436$14,027$13,633$13,254$12,889$12,315
4 years$10,719$10,311$9,921$9,549$9,192$8,638
5 years$8,490$8,084$7,699$7,334$6,988$6,454
6 years$7,004$6,601$6,222$5,865$5,529$5,017
7 years$5,943$5,544$5,171$4,822$4,497$4,007
8 years$5,147$4,752$4,385$4,045$3,731$3,262
9 years$4,529$4,137$3,777$3,446$3,142$2,695
10 years$4,035$3,647$3,293$2,970$2,677$2,251
11 years$3,631$3,247$2,899$2,585$2,302$1,897
12 years$3,294$2,914$2,573$2,267$1,995$1,611
13 years$3,009$2,633$2,299$2,002$1,740$1,375
14 years$2,766$2,394$2,065$1,777$1,525$1,180
15 years$2,555$2,187$1,865$1,585$1,343$1,016
16 years$2,370$2,006$1,691$1,419$1,187$878
17 years$2,208$1,848$1,538$1,275$1,052$761
18 years$2,063$1,707$1,404$1,149$936$661
19 years$1,934$1,582$1,286$1,038$834$575
20 years$1,818$1,470$1,180$940$745$502
21 years$1,714$1,370$1,085$853$667$438
22 years$1,618$1,279$1,000$776$597$383
23 years$1,532$1,196$924$707$536$336
24 years$1,452$1,120$854$644$482$294
25 years$1,379$1,051$791$589$434$258
26 years$1,312$988$734$538$391$227
27 years$1,250$930$681$493$352$199
28 years$1,192$876$633$451$318$175
29 years$1,139$827$589$414$287$154
30 years$1,089$781$549$380$259$135
31 years$1,042$738$512$349$234$119
32 years$999$698$478$321$212$105
33 years$958$661$446$295$192$92
34 years$920$627$417$271$174$81
35 years$884$595$389$250$157$72
36 years$850$564$364$230$143$63
37 years$818$536$341$212$129$56
38 years$787$509$319$195$117$49
39 years$759$484$299$180$106$43
40 years$731$461$280$166$96$38
41 years$706$439$263$153$87$34
42 years$681$418$247$141$79$30
43 years$658$398$231$131$72$26
44 years$636$379$217$121$65$23
45 years$615$362$204$111$59$20
46 years$594$345$192$103$54$18
47 years$575$329$180$95$49$16
48 years$557$314$169$88$44$14
49 years$539$300$159$81$40$12
50 years$522$287$149$75$37$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $535,000, adding $5,394 every year, while hoping to spend $33,261 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: 56/26/18 Blend
68$535,000$535,000$535,000$535,000
69$595,134$566,779$558,486$625,325
70$620,448$559,162$541,806$638,875
71$647,230$550,056$523,453$649,589
72$675,593$539,355$503,334$660,518
73$705,663$526,943$481,356$671,692
74$737,577$512,700$457,417$683,141
75$771,484$496,496$431,415$694,905
76$807,548$478,197$403,240$707,028
77$845,948$457,659$372,778$719,558
78$886,880$434,729$339,911$732,555
79$930,557$409,247$304,514$746,083
80$977,217$381,042$266,458$760,217
81$1,027,115$349,935$225,607$775,042
82$1,080,535$315,736$181,819$790,654
83$1,137,786$278,244$134,946$807,162
84$1,199,209$237,247$84,836$824,690
85$1,265,176$192,519$31,325$843,377
86$1,336,096$143,825$0$863,379
87$1,412,420$90,914$0$889,825
88$1,494,639$33,522$0$924,703
89$1,583,297$0$0$962,249
90$1,678,989$0$0$1,010,942
91$1,782,368$0$0$1,073,946
92$1,894,153$0$0$1,142,112
93$2,015,135$0$0$1,215,928
94$2,146,183$0$0$1,295,929
95$2,288,250$0$0$1,382,703
96$2,442,388$0$0$1,476,898
97$2,609,751$0$0$1,579,225
98$2,791,610$0$0$1,690,468
99$2,989,362$0$0$1,811,487
100$3,204,544$0$0$1,943,232