Can I retire at age 69 with 728,000?

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 $728,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$60,118$59,582$59,060$58,550$58,052$57,517
2 years$29,761$29,207$28,670$28,149$27,644$27,105
3 years$19,644$19,087$18,551$18,035$17,538$17,013
4 years$14,586$14,031$13,501$12,993$12,508$11,999
5 years$11,552$11,000$10,477$9,980$9,509$9,018
6 years$9,530$8,983$8,467$7,981$7,524$7,052
7 years$8,087$7,544$7,036$6,562$6,119$5,666
8 years$7,004$6,466$5,967$5,505$5,076$4,642
9 years$6,163$5,630$5,139$4,689$4,275$3,860
10 years$5,490$4,963$4,481$4,042$3,642$3,246
11 years$4,940$4,418$3,945$3,517$3,133$2,755
12 years$4,482$3,965$3,501$3,085$2,715$2,355
13 years$4,095$3,583$3,128$2,724$2,367$2,025
14 years$3,763$3,257$2,810$2,418$2,075$1,750
15 years$3,476$2,976$2,537$2,156$1,827$1,518
16 years$3,225$2,730$2,300$1,931$1,615$1,322
17 years$3,004$2,514$2,093$1,735$1,432$1,155
18 years$2,808$2,323$1,911$1,563$1,273$1,011
19 years$2,632$2,153$1,749$1,413$1,135$887
20 years$2,474$2,001$1,606$1,279$1,014$780
21 years$2,332$1,864$1,477$1,161$907$687
22 years$2,202$1,740$1,361$1,056$813$606
23 years$2,084$1,627$1,257$962$730$535
24 years$1,976$1,525$1,162$877$656$473
25 years$1,877$1,431$1,076$801$590$418
26 years$1,785$1,345$998$732$532$370
27 years$1,701$1,265$927$670$479$328
28 years$1,623$1,192$862$614$433$291
29 years$1,550$1,125$802$563$391$258
30 years$1,482$1,062$747$517$353$229
31 years$1,419$1,004$696$475$319$204
32 years$1,359$950$650$436$289$181
33 years$1,304$900$607$401$261$161
34 years$1,252$853$567$369$236$143
35 years$1,202$809$530$340$214$127
36 years$1,156$768$496$313$194$113
37 years$1,113$729$464$288$176$101
38 years$1,071$693$435$266$159$90
39 years$1,032$659$407$245$145$80
40 years$995$627$382$226$131$71
41 years$960$597$358$209$119$63
42 years$927$568$336$192$108$56
43 years$895$542$315$178$98$50
44 years$865$516$296$164$89$45
45 years$836$492$278$151$81$40
46 years$809$470$261$140$73$35
47 years$783$448$245$129$67$32
48 years$758$428$230$119$60$28
49 years$734$409$216$110$55$25
50 years$711$390$203$102$50$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $728,000, adding $6,508 every year, while hoping to spend $32,863 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: 79/10/11 Blend
68$728,000$728,000$728,000$728,000
69$808,969$770,385$759,101$870,785
70$856,518$773,168$749,565$915,105
71$907,815$774,986$738,608$958,806
72$963,209$775,756$726,148$1,005,797
73$1,023,081$775,393$712,098$1,056,389
74$1,087,851$773,803$696,369$1,110,929
75$1,157,980$770,888$678,867$1,169,798
76$1,233,977$766,544$659,491$1,233,416
77$1,316,399$760,661$638,140$1,302,244
78$1,405,859$753,121$614,705$1,376,793
79$1,503,032$743,800$589,074$1,457,625
80$1,608,661$732,566$561,128$1,545,358
81$1,723,563$719,279$530,743$1,640,674
82$1,848,635$703,793$497,792$1,744,327
83$1,984,866$685,949$462,138$1,857,145
84$2,133,345$665,583$423,642$1,980,041
85$2,295,268$642,518$382,156$2,114,024
86$2,471,953$616,570$337,526$2,260,204
87$2,664,851$587,541$289,593$2,419,804
88$2,875,559$555,223$238,187$2,594,174
89$3,105,834$519,397$183,134$2,784,801
90$3,357,611$479,830$124,252$2,993,326
91$3,633,022$436,276$61,348$3,221,556
92$3,934,412$388,475$0$3,471,484
93$4,264,365$336,154$0$3,745,984
94$4,625,725$279,020$0$4,054,528
95$5,021,626$216,769$0$4,392,604
96$5,455,517$149,075$0$4,763,181
97$5,931,197$75,598$0$5,169,531
98$6,452,853$0$0$5,615,259
99$7,025,092$0$0$6,104,781
100$7,652,993$0$0$6,651,068