Can I retire at age 69 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$62,099$61,546$61,007$60,480$59,966$59,438
2 years$30,742$30,170$29,615$29,077$28,555$28,024
3 years$20,291$19,716$19,163$18,630$18,116$17,598
4 years$15,067$14,494$13,946$13,422$12,921$12,418
5 years$11,933$11,363$10,822$10,309$9,822$9,338
6 years$9,844$9,279$8,746$8,244$7,772$7,306
7 years$8,353$7,792$7,268$6,778$6,321$5,873
8 years$7,235$6,679$6,164$5,686$5,244$4,815
9 years$6,366$5,816$5,309$4,843$4,416$4,006
10 years$5,671$5,126$4,628$4,175$3,763$3,371
11 years$5,103$4,564$4,075$3,633$3,236$2,862
12 years$4,630$4,096$3,616$3,187$2,804$2,448
13 years$4,230$3,702$3,231$2,814$2,445$2,106
14 years$3,888$3,365$2,903$2,498$2,144$1,821
15 years$3,591$3,074$2,621$2,227$1,887$1,582
16 years$3,332$2,820$2,376$1,994$1,668$1,378
17 years$3,103$2,597$2,162$1,792$1,479$1,204
18 years$2,900$2,400$1,974$1,615$1,315$1,055
19 years$2,719$2,224$1,807$1,459$1,172$927
20 years$2,556$2,067$1,658$1,322$1,047$815
21 years$2,409$1,925$1,525$1,199$937$719
22 years$2,275$1,797$1,406$1,091$840$634
23 years$2,153$1,681$1,298$993$754$560
24 years$2,041$1,575$1,201$906$678$496
25 years$1,939$1,478$1,112$827$610$439
26 years$1,844$1,389$1,031$756$549$389
27 years$1,757$1,307$958$692$495$345
28 years$1,676$1,232$890$634$447$306
29 years$1,601$1,162$828$582$403$272
30 years$1,531$1,097$772$534$365$242
31 years$1,465$1,037$719$490$330$215
32 years$1,404$982$671$451$298$191
33 years$1,347$930$627$414$270$170
34 years$1,293$881$586$381$244$151
35 years$1,242$836$547$351$221$134
36 years$1,194$793$512$323$200$120
37 years$1,149$753$479$298$182$107
38 years$1,107$716$449$275$165$95
39 years$1,066$681$421$253$149$85
40 years$1,028$648$394$233$135$75
41 years$992$617$370$215$123$67
42 years$957$587$347$199$112$60
43 years$925$559$325$184$101$53
44 years$893$533$305$169$92$48
45 years$864$509$287$156$83$42
46 years$835$485$269$145$76$38
47 years$808$463$253$134$69$34
48 years$783$442$238$123$62$30
49 years$758$422$224$114$57$27
50 years$734$403$210$105$52$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $752,000, adding $6,587 every year, while hoping to spend $20,451 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: 70/8/22 Blend
68$752,000$752,000$752,000$752,000
69$835,498$795,642$783,986$888,967
70$898,960$812,869$788,490$942,752
71$968,208$830,255$792,460$998,588
72$1,043,813$847,785$795,855$1,059,212
73$1,126,401$865,445$798,635$1,125,094
74$1,216,660$883,218$800,755$1,196,756
75$1,315,350$901,086$802,171$1,274,771
76$1,423,305$919,029$802,833$1,359,770
77$1,541,447$937,026$802,693$1,452,451
78$1,670,787$955,053$801,695$1,553,581
79$1,812,442$973,085$799,786$1,664,005
80$1,967,639$991,094$796,907$1,784,656
81$2,137,731$1,009,051$792,997$1,916,560
82$2,324,209$1,026,924$787,992$2,060,851
83$2,528,714$1,044,678$781,825$2,218,775
84$2,753,051$1,062,276$774,425$2,391,709
85$2,999,214$1,079,679$765,719$2,581,167
86$3,269,393$1,096,843$755,630$2,788,820
87$3,566,005$1,113,722$744,077$3,016,509
88$3,891,709$1,130,266$730,976$3,266,263
89$4,249,438$1,146,424$716,238$3,540,319
90$4,642,420$1,162,137$699,771$3,841,142
91$5,074,211$1,177,347$681,478$4,171,448
92$5,548,730$1,191,986$661,257$4,534,232
93$6,070,294$1,205,987$639,003$4,932,794
94$6,643,659$1,219,275$614,604$5,370,771
95$7,274,065$1,231,772$587,946$5,852,172
96$7,967,283$1,243,392$558,905$6,381,416
97$8,729,674$1,254,047$527,357$6,963,372
98$9,568,246$1,263,640$493,169$7,603,409
99$10,490,718$1,272,070$456,201$8,307,442
100$11,505,598$1,279,228$416,310$9,081,990