Can I retire at age 69 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$67,054$66,457$65,874$65,305$64,750$63,133
2 years$33,195$32,577$31,978$31,397$30,833$29,215
3 years$21,910$21,289$20,692$20,116$19,562$17,992
4 years$16,269$15,650$15,058$14,493$13,952$12,443
5 years$12,885$12,270$11,686$11,132$10,606$9,162
6 years$10,630$10,019$9,444$8,902$8,392$7,015
7 years$9,020$8,414$7,848$7,319$6,825$5,514
8 years$7,812$7,212$6,656$6,140$5,662$4,417
9 years$6,874$6,280$5,733$5,230$4,768$3,588
10 years$6,124$5,535$4,998$4,508$4,063$2,947
11 years$5,510$4,928$4,400$3,923$3,494$2,440
12 years$5,000$4,423$3,905$3,441$3,028$2,034
13 years$4,568$3,997$3,489$3,038$2,640$1,704
14 years$4,198$3,633$3,135$2,697$2,315$1,435
15 years$3,877$3,319$2,830$2,405$2,038$1,212
16 years$3,597$3,045$2,566$2,154$1,801$1,027
17 years$3,351$2,804$2,335$1,935$1,597$872
18 years$3,132$2,591$2,131$1,744$1,420$743
19 years$2,936$2,402$1,951$1,576$1,266$633
20 years$2,760$2,232$1,791$1,427$1,131$541
21 years$2,601$2,079$1,647$1,295$1,012$462
22 years$2,456$1,940$1,518$1,178$907$396
23 years$2,325$1,815$1,402$1,072$814$339
24 years$2,204$1,700$1,296$978$732$291
25 years$2,093$1,596$1,201$893$658$249
26 years$1,991$1,500$1,114$817$593$214
27 years$1,897$1,411$1,034$748$535$184
28 years$1,810$1,330$961$685$482$158
29 years$1,729$1,255$895$628$436$136
30 years$1,653$1,185$833$576$394$117
31 years$1,582$1,120$777$529$356$100
32 years$1,516$1,060$725$487$322$86
33 years$1,454$1,004$677$447$291$74
34 years$1,396$951$632$412$264$64
35 years$1,341$902$591$379$239$55
36 years$1,290$856$553$349$216$47
37 years$1,241$813$518$322$196$41
38 years$1,195$773$485$296$178$35
39 years$1,151$735$454$273$161$30
40 years$1,110$699$426$252$146$26
41 years$1,071$666$399$233$133$22
42 years$1,034$634$374$215$120$19
43 years$998$604$351$198$109$17
44 years$965$576$330$183$99$14
45 years$933$549$310$169$90$12
46 years$902$524$291$156$82$11
47 years$873$500$273$144$74$9
48 years$845$477$257$133$67$8
49 years$818$456$241$123$61$7
50 years$793$435$227$114$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $812,000, adding $2,256 every year, while hoping to spend $50,541 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: 44/31/25 Blend
68$812,000$812,000$812,000$812,000
69$897,151$854,115$841,529$930,031
70$934,885$842,191$815,945$941,680
71$974,774$827,990$787,810$949,250
72$1,016,985$811,345$756,985$956,459
73$1,061,699$792,082$723,326$963,302
74$1,109,114$770,016$686,679$969,776
75$1,159,448$744,951$646,887$975,882
76$1,212,938$716,680$603,785$981,623
77$1,269,844$684,984$557,197$987,011
78$1,330,450$649,630$506,945$992,061
79$1,395,066$610,372$452,838$996,794
80$1,464,034$566,951$394,679$1,001,242
81$1,537,727$519,093$332,262$1,005,442
82$1,616,554$466,508$265,372$1,009,444
83$1,700,963$408,887$193,783$1,013,306
84$1,791,447$345,909$117,261$1,017,102
85$1,888,546$277,229$35,560$1,020,919
86$1,992,852$202,487$0$1,024,861
87$2,105,014$121,301$0$1,042,821
88$2,225,747$33,266$0$1,072,189
89$2,355,834$0$0$1,103,710
90$2,496,137$0$0$1,158,819
91$2,647,601$0$0$1,230,638
92$2,811,265$0$0$1,308,322
93$2,988,271$0$0$1,392,422
94$3,179,876$0$0$1,483,547
95$3,387,458$0$0$1,582,363
96$3,612,535$0$0$1,689,603
97$3,856,777$0$0$1,806,077
98$4,122,017$0$0$1,932,671
99$4,410,276$0$0$2,070,362
100$4,723,773$0$0$2,220,226