Can I retire at age 69 with 641,000?

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 $641,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$52,933$52,462$52,002$51,553$51,114$49,818
2 years$26,205$25,717$25,244$24,785$24,340$23,043
3 years$17,296$16,806$16,334$15,880$15,442$14,184
4 years$12,843$12,354$11,887$11,441$11,014$9,804
5 years$10,172$9,686$9,225$8,787$8,372$7,215
6 years$8,391$7,909$7,455$7,027$6,625$5,521
7 years$7,120$6,642$6,195$5,778$5,388$4,338
8 years$6,167$5,694$5,254$4,847$4,470$3,473
9 years$5,426$4,957$4,525$4,128$3,764$2,820
10 years$4,834$4,370$3,945$3,559$3,207$2,314
11 years$4,350$3,890$3,473$3,097$2,758$1,915
12 years$3,947$3,491$3,083$2,717$2,390$1,595
13 years$3,606$3,155$2,754$2,398$2,084$1,336
14 years$3,314$2,868$2,474$2,129$1,827$1,124
15 years$3,061$2,620$2,234$1,899$1,609$949
16 years$2,840$2,404$2,026$1,700$1,422$803
17 years$2,645$2,214$1,843$1,527$1,261$682
18 years$2,472$2,046$1,683$1,377$1,121$580
19 years$2,318$1,896$1,540$1,244$999$494
20 years$2,179$1,762$1,414$1,127$892$422
21 years$2,053$1,641$1,300$1,022$799$360
22 years$1,939$1,532$1,198$930$716$308
23 years$1,835$1,433$1,107$847$643$264
24 years$1,740$1,342$1,023$772$578$226
25 years$1,653$1,260$948$705$520$194
26 years$1,572$1,184$879$645$468$166
27 years$1,498$1,114$816$590$422$143
28 years$1,429$1,050$759$541$381$122
29 years$1,365$990$706$496$344$105
30 years$1,305$935$658$455$311$90
31 years$1,249$884$613$418$281$78
32 years$1,197$837$572$384$254$67
33 years$1,148$792$534$353$230$57
34 years$1,102$751$499$325$208$49
35 years$1,059$712$467$299$189$42
36 years$1,018$676$437$276$171$36
37 years$980$642$409$254$155$31
38 years$943$610$383$234$140$27
39 years$909$580$358$216$127$23
40 years$876$552$336$199$115$20
41 years$845$526$315$184$105$17
42 years$816$500$296$169$95$15
43 years$788$477$277$156$86$13
44 years$762$455$260$144$78$11
45 years$736$433$244$133$71$9
46 years$712$414$230$123$65$8
47 years$689$395$216$114$59$7
48 years$667$377$203$105$53$6
49 years$646$360$191$97$48$5
50 years$626$344$179$90$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $641,000, adding $4,522 every year, while hoping to spend $43,741 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: 51/37/12 Blend
68$641,000$641,000$641,000$641,000
69$711,046$677,073$667,138$744,807
70$737,033$663,710$642,947$755,023
71$764,204$648,226$616,480$761,110
72$792,635$630,470$587,613$766,730
73$822,406$610,285$556,220$771,849
74$853,604$587,502$522,167$776,437
75$886,325$561,943$485,312$780,459
76$920,671$533,420$445,512$783,882
77$956,755$501,733$402,612$786,674
78$994,698$466,672$356,454$788,801
79$1,034,633$428,014$306,870$790,231
80$1,076,702$385,524$253,687$790,931
81$1,121,064$338,952$196,724$790,871
82$1,167,889$288,037$135,790$790,022
83$1,217,362$232,500$70,688$788,355
84$1,269,688$172,047$1,211$785,846
85$1,325,088$106,370$0$782,472
86$1,383,805$35,139$0$787,554
87$1,446,103$0$0$792,511
88$1,512,271$0$0$814,304
89$1,582,626$0$0$852,723
90$1,657,515$0$0$893,654
91$1,737,317$0$0$937,310
92$1,822,446$0$0$983,923
93$1,913,358$0$0$1,033,748
94$2,010,552$0$0$1,087,062
95$2,114,573$0$0$1,144,172
96$2,226,022$0$0$1,205,414
97$2,345,554$0$0$1,271,156
98$2,473,892$0$0$1,341,801
99$2,611,826$0$0$1,417,793
100$2,760,227$0$0$1,499,618