Can I retire at age 69 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$45,584$45,178$44,781$44,395$44,017$43,467
2 years$22,566$22,146$21,739$21,344$20,961$20,407
3 years$14,895$14,473$14,066$13,675$13,298$12,759
4 years$11,060$10,639$10,237$9,852$9,484$8,963
5 years$8,759$8,341$7,944$7,567$7,210$6,708
6 years$7,226$6,811$6,420$6,052$5,705$5,223
7 years$6,132$5,720$5,335$4,975$4,640$4,178
8 years$5,311$4,903$4,525$4,174$3,849$3,407
9 years$4,673$4,269$3,897$3,555$3,241$2,820
10 years$4,163$3,763$3,397$3,065$2,762$2,360
11 years$3,746$3,350$2,991$2,667$2,375$1,993
12 years$3,399$3,007$2,655$2,339$2,058$1,695
13 years$3,105$2,717$2,372$2,065$1,795$1,450
14 years$2,854$2,470$2,131$1,833$1,573$1,246
15 years$2,636$2,256$1,924$1,635$1,385$1,075
16 years$2,446$2,070$1,744$1,464$1,224$931
17 years$2,278$1,906$1,587$1,315$1,086$809
18 years$2,129$1,762$1,449$1,185$965$704
19 years$1,996$1,633$1,326$1,071$860$614
20 years$1,876$1,517$1,217$970$769$537
21 years$1,768$1,413$1,120$880$688$470
22 years$1,670$1,319$1,032$801$616$412
23 years$1,580$1,234$953$729$553$362
24 years$1,498$1,156$881$665$497$318
25 years$1,423$1,085$816$607$448$279
26 years$1,354$1,020$757$555$403$246
27 years$1,290$960$703$508$363$216
28 years$1,230$904$653$466$328$191
29 years$1,175$853$608$427$296$168
30 years$1,124$806$566$392$268$148
31 years$1,076$761$528$360$242$131
32 years$1,031$721$493$331$219$115
33 years$989$682$460$304$198$102
34 years$949$647$430$280$179$90
35 years$912$613$402$258$162$80
36 years$877$582$376$237$147$70
37 years$844$553$352$219$133$62
38 years$812$526$330$202$121$55
39 years$783$500$309$186$110$49
40 years$755$475$289$171$99$43
41 years$728$453$271$158$90$38
42 years$703$431$255$146$82$34
43 years$679$411$239$135$74$30
44 years$656$391$224$124$67$26
45 years$634$373$210$115$61$23
46 years$613$356$198$106$56$21
47 years$593$340$186$98$50$18
48 years$574$324$175$91$46$16
49 years$556$310$164$84$42$14
50 years$539$296$154$77$38$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $552,000, adding $2,865 every year, while hoping to spend $26,675 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: 40/41/19 Blend
68$552,000$552,000$552,000$552,000
69$611,259$582,003$573,447$632,163
70$645,226$582,139$564,276$647,501
71$681,763$581,388$553,903$661,306
72$721,104$579,678$542,260$675,688
73$763,507$576,933$529,277$690,713
74$809,255$573,072$514,877$706,457
75$858,656$568,010$498,982$723,002
76$912,052$561,655$481,512$740,446
77$969,817$553,913$462,379$758,894
78$1,032,364$544,680$441,494$778,468
79$1,100,145$533,849$418,763$799,301
80$1,173,658$521,305$394,090$821,545
81$1,253,450$506,928$367,371$845,369
82$1,340,123$490,589$338,499$870,962
83$1,434,339$472,152$307,363$898,536
84$1,536,828$451,473$273,845$928,328
85$1,648,390$428,401$237,825$960,602
86$1,769,909$402,775$199,174$995,651
87$1,902,353$374,425$157,761$1,033,806
88$2,046,792$343,171$113,445$1,075,433
89$2,204,402$308,823$66,082$1,120,939
90$2,376,476$271,181$15,521$1,170,780
91$2,564,439$230,031$0$1,225,460
92$2,769,860$185,151$0$1,293,336
93$2,994,465$136,302$0$1,371,104
94$3,240,155$83,236$0$1,456,345
95$3,509,023$25,687$0$1,549,868
96$3,803,375$0$0$1,652,569
97$4,125,748$0$0$1,781,962
98$4,478,937$0$0$1,936,493
99$4,866,022$0$0$2,105,929
100$5,290,391$0$0$2,291,762