Can I retire at age 69 with 682,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $682,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$56,319$55,817$55,328$54,850$54,384$52,601
2 years$27,881$27,361$26,858$26,370$25,897$24,118
3 years$18,402$17,881$17,379$16,896$16,430$14,710
4 years$13,664$13,144$12,647$12,172$11,718$10,071
5 years$10,822$10,305$9,815$9,350$8,908$7,338
6 years$8,928$8,415$7,932$7,477$7,049$5,557
7 years$7,576$7,067$6,591$6,147$5,732$4,319
8 years$6,562$6,058$5,590$5,157$4,756$3,419
9 years$5,774$5,274$4,815$4,392$4,005$2,744
10 years$5,143$4,649$4,198$3,786$3,412$2,225
11 years$4,628$4,139$3,696$3,295$2,935$1,819
12 years$4,199$3,715$3,280$2,890$2,543$1,496
13 years$3,836$3,357$2,930$2,552$2,218$1,237
14 years$3,526$3,051$2,633$2,265$1,944$1,027
15 years$3,257$2,788$2,377$2,020$1,712$856
16 years$3,022$2,558$2,155$1,809$1,513$715
17 years$2,814$2,355$1,961$1,625$1,341$598
18 years$2,630$2,177$1,790$1,465$1,193$502
19 years$2,466$2,017$1,639$1,323$1,063$421
20 years$2,318$1,874$1,504$1,199$950$354
21 years$2,184$1,746$1,383$1,088$850$298
22 years$2,063$1,630$1,275$989$762$251
23 years$1,952$1,524$1,177$901$684$212
24 years$1,851$1,428$1,089$822$615$179
25 years$1,758$1,340$1,008$750$553$151
26 years$1,673$1,260$935$686$498$128
27 years$1,593$1,185$868$628$449$108
28 years$1,520$1,117$807$575$405$91
29 years$1,452$1,054$751$528$366$77
30 years$1,388$995$700$484$331$65
31 years$1,329$941$652$445$299$55
32 years$1,273$890$609$409$270$47
33 years$1,221$843$568$376$245$39
34 years$1,172$799$531$346$222$33
35 years$1,127$758$497$318$201$28
36 years$1,083$719$464$293$182$24
37 years$1,042$683$435$270$165$20
38 years$1,004$649$407$249$149$17
39 years$967$617$381$230$135$15
40 years$932$587$358$212$123$12
41 years$900$559$335$195$111$10
42 years$868$533$314$180$101$9
43 years$839$507$295$166$92$7
44 years$810$484$277$154$83$6
45 years$783$461$260$142$76$5
46 years$758$440$244$131$69$5
47 years$733$420$229$121$62$4
48 years$710$401$216$112$57$3
49 years$687$383$203$103$51$3
50 years$666$366$191$96$47$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $682,000, adding $4,714 every year, while hoping to spend $39,068 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: 63/13/24 Blend
68$682,000$682,000$682,000$682,000
69$756,426$720,280$709,709$799,035
70$792,014$714,006$691,917$822,126
71$829,922$706,115$672,218$842,585
72$870,346$696,487$650,510$864,058
73$913,500$684,993$626,681$886,650
74$959,619$671,500$600,616$910,476
75$1,008,959$655,862$572,196$935,666
76$1,061,803$637,930$541,295$962,364
77$1,118,460$617,542$507,781$990,729
78$1,179,269$594,527$471,518$1,020,942
79$1,244,603$568,707$432,362$1,053,199
80$1,314,869$539,891$390,163$1,087,722
81$1,390,518$507,877$344,765$1,124,755
82$1,472,040$472,453$296,005$1,164,573
83$1,559,978$433,393$243,711$1,207,477
84$1,654,927$390,460$187,706$1,253,803
85$1,757,538$343,402$127,803$1,303,926
86$1,868,531$291,953$63,809$1,358,259
87$1,988,695$235,832$0$1,417,261
88$2,118,897$174,742$0$1,482,591
89$2,260,091$108,371$0$1,571,178
90$2,413,327$36,388$0$1,667,347
91$2,579,758$0$0$1,771,852
92$2,760,653$0$0$1,891,467
93$2,957,409$0$0$2,027,275
94$3,171,562$0$0$2,175,136
95$3,404,802$0$0$2,336,222
96$3,658,990$0$0$2,511,825
97$3,936,172$0$0$2,703,365
98$4,238,602$0$0$2,912,405
99$4,568,759$0$0$3,140,666
100$4,929,373$0$0$3,390,042