Can I retire at age 69 with 764,000?

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 $764,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$63,090$62,528$61,980$61,445$60,922$60,437
2 years$31,233$30,651$30,087$29,541$29,011$28,522
3 years$20,615$20,031$19,469$18,927$18,406$17,928
4 years$15,307$14,725$14,168$13,636$13,127$12,664
5 years$12,123$11,544$10,995$10,474$9,979$9,532
6 years$10,001$9,427$8,886$8,376$7,896$7,466
7 years$8,486$7,917$7,384$6,886$6,422$6,009
8 years$7,351$6,786$6,262$5,777$5,327$4,932
9 years$6,468$5,908$5,394$4,920$4,486$4,108
10 years$5,762$5,208$4,702$4,242$3,823$3,461
11 years$5,185$4,636$4,140$3,691$3,288$2,942
12 years$4,704$4,161$3,674$3,238$2,849$2,520
13 years$4,298$3,761$3,282$2,859$2,484$2,171
14 years$3,950$3,418$2,949$2,537$2,178$1,880
15 years$3,648$3,123$2,663$2,263$1,917$1,634
16 years$3,385$2,865$2,414$2,026$1,695$1,426
17 years$3,153$2,639$2,197$1,821$1,503$1,248
18 years$2,946$2,438$2,005$1,641$1,336$1,095
19 years$2,762$2,260$1,836$1,483$1,191$963
20 years$2,597$2,100$1,685$1,343$1,064$849
21 years$2,447$1,956$1,550$1,219$952$749
22 years$2,311$1,826$1,428$1,108$853$662
23 years$2,187$1,708$1,319$1,009$766$586
24 years$2,074$1,600$1,220$920$688$519
25 years$1,970$1,501$1,130$840$619$460
26 years$1,874$1,411$1,048$769$558$409
27 years$1,785$1,328$973$703$503$363
28 years$1,703$1,251$904$644$454$323
29 years$1,626$1,181$842$591$410$287
30 years$1,555$1,115$784$542$370$255
31 years$1,489$1,054$731$498$335$227
32 years$1,427$997$682$458$303$202
33 years$1,368$944$637$421$274$180
34 years$1,313$895$595$387$248$161
35 years$1,262$849$556$357$225$143
36 years$1,213$806$520$328$204$128
37 years$1,168$765$487$303$185$114
38 years$1,124$727$456$279$167$102
39 years$1,083$692$427$257$152$91
40 years$1,045$658$400$237$138$81
41 years$1,008$626$376$219$125$72
42 years$973$597$352$202$113$65
43 years$939$568$331$186$103$58
44 years$908$542$310$172$93$51
45 years$878$517$291$159$85$46
46 years$849$493$274$147$77$41
47 years$821$470$257$136$70$37
48 years$795$449$242$125$63$33
49 years$770$429$227$116$58$29
50 years$746$410$213$107$52$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $764,000, adding $5,327 every year, while hoping to spend $57,849 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: 84/6/10 Blend
68$764,000$764,000$764,000$764,000
69$847,423$806,931$795,089$916,898
70$872,309$784,920$760,173$941,107
71$897,795$759,891$722,149$959,372
72$923,880$731,636$680,852$977,656
73$950,563$699,933$636,108$995,926
74$977,840$664,550$587,737$1,014,145
75$1,005,705$625,237$535,551$1,032,273
76$1,034,147$581,734$479,352$1,050,263
77$1,063,155$533,764$418,935$1,068,067
78$1,092,713$481,035$354,086$1,085,629
79$1,122,801$423,237$284,579$1,102,888
80$1,153,395$360,044$210,181$1,119,777
81$1,184,466$291,110$130,646$1,136,223
82$1,215,978$216,072$45,720$1,152,145
83$1,247,892$134,543$0$1,167,452
84$1,280,160$46,119$0$1,186,840
85$1,312,726$0$0$1,210,925
86$1,345,526$0$0$1,238,013
87$1,378,487$0$0$1,268,287
88$1,411,525$0$0$1,298,626
89$1,444,545$0$0$1,328,940
90$1,477,438$0$0$1,359,129
91$1,510,080$0$0$1,389,077
92$1,542,334$0$0$1,418,657
93$1,574,041$0$0$1,447,723
94$1,605,026$0$0$1,476,111
95$1,635,090$0$0$1,503,637
96$1,664,010$0$0$1,530,095
97$1,691,538$0$0$1,555,254
98$1,717,394$0$0$1,578,856
99$1,741,267$0$0$1,600,611
100$1,762,809$0$0$1,620,198