Can I retire at age 69 with 827,000?

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 $827,000?

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$68,293$67,685$67,091$66,512$65,946$65,339
2 years$33,808$33,179$32,568$31,977$31,403$30,791
3 years$22,315$21,683$21,074$20,488$19,923$19,326
4 years$16,569$15,939$15,336$14,760$14,209$13,631
5 years$13,123$12,496$11,902$11,337$10,802$10,244
6 years$10,826$10,204$9,618$9,067$8,547$8,011
7 years$9,186$8,570$7,993$7,454$6,951$6,436
8 years$7,957$7,346$6,779$6,253$5,767$5,274
9 years$7,001$6,396$5,838$5,326$4,856$4,385
10 years$6,237$5,638$5,090$4,591$4,138$3,687
11 years$5,612$5,019$4,481$3,996$3,559$3,129
12 years$5,092$4,505$3,977$3,505$3,084$2,675
13 years$4,652$4,071$3,553$3,094$2,689$2,300
14 years$4,275$3,700$3,193$2,747$2,357$1,988
15 years$3,949$3,380$2,882$2,450$2,076$1,725
16 years$3,664$3,101$2,613$2,193$1,834$1,502
17 years$3,413$2,856$2,378$1,971$1,627$1,312
18 years$3,189$2,639$2,171$1,776$1,446$1,148
19 years$2,990$2,446$1,987$1,605$1,289$1,008
20 years$2,811$2,273$1,824$1,453$1,151$886
21 years$2,649$2,117$1,678$1,319$1,030$780
22 years$2,502$1,976$1,546$1,199$924$688
23 years$2,368$1,848$1,428$1,092$829$608
24 years$2,245$1,732$1,320$996$745$537
25 years$2,132$1,625$1,223$910$671$475
26 years$2,028$1,527$1,134$832$604$421
27 years$1,932$1,438$1,053$761$545$373
28 years$1,843$1,355$979$698$491$331
29 years$1,760$1,278$911$640$444$293
30 years$1,683$1,207$849$587$401$260
31 years$1,611$1,141$791$539$362$231
32 years$1,544$1,079$738$496$328$206
33 years$1,481$1,022$689$456$297$183
34 years$1,422$969$644$419$269$162
35 years$1,366$919$602$386$243$144
36 years$1,313$872$563$355$220$128
37 years$1,264$828$527$328$200$114
38 years$1,217$787$494$302$181$102
39 years$1,173$749$463$278$164$91
40 years$1,131$712$434$257$149$81
41 years$1,091$678$406$237$135$72
42 years$1,053$646$381$219$123$64
43 years$1,017$615$358$202$111$57
44 years$983$586$336$186$101$51
45 years$950$559$315$172$92$45
46 years$919$533$296$159$83$40
47 years$889$509$278$147$76$36
48 years$861$486$261$136$69$32
49 years$833$464$246$125$62$28
50 years$807$443$231$116$57$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $827,000, adding $4,443 every year, while hoping to spend $41,822 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$827,000$827,000$827,000$827,000
69$915,937$872,106$859,287$949,424
70$964,864$870,341$843,575$971,874
71$1,017,380$867,088$825,935$991,818
72$1,073,807$862,229$806,258$1,012,614
73$1,134,499$855,641$784,431$1,034,361
74$1,199,842$847,192$760,333$1,057,177
75$1,270,263$836,742$733,842$1,081,188
76$1,346,231$824,143$704,827$1,106,542
77$1,428,259$809,238$673,151$1,133,400
78$1,516,912$791,862$638,672$1,161,946
79$1,612,811$771,837$601,242$1,192,386
80$1,716,640$748,979$560,705$1,224,950
81$1,829,147$723,089$516,899$1,259,896
82$1,951,158$693,959$469,653$1,297,512
83$2,083,581$661,367$418,791$1,338,120
84$2,227,413$625,081$364,128$1,382,082
85$2,383,753$584,854$305,469$1,429,798
86$2,553,807$540,423$242,614$1,481,718
87$2,738,904$491,512$175,350$1,538,341
88$2,940,506$437,830$103,458$1,600,224
89$3,160,222$379,068$26,709$1,667,989
90$3,399,822$314,900$0$1,742,325
91$3,661,255$244,982$0$1,838,725
92$3,946,666$168,949$0$1,951,879
93$4,258,416$86,417$0$2,075,675
94$4,599,103$0$0$2,211,240
95$4,971,590$0$0$2,360,853
96$5,379,027$0$0$2,556,843
97$5,824,883$0$0$2,771,413
98$6,312,979$0$0$3,006,412
99$6,847,519$0$0$3,263,880
100$7,433,137$0$0$3,546,059