Can I retire at age 69 with 827,000?

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 $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%11.9%
1 years$68,293$67,685$67,091$66,512$65,946$65,421
2 years$33,808$33,179$32,568$31,977$31,403$30,873
3 years$22,315$21,683$21,074$20,488$19,923$19,406
4 years$16,569$15,939$15,336$14,760$14,209$13,708
5 years$13,123$12,496$11,902$11,337$10,802$10,318
6 years$10,826$10,204$9,618$9,067$8,547$8,082
7 years$9,186$8,570$7,993$7,454$6,951$6,504
8 years$7,957$7,346$6,779$6,253$5,767$5,338
9 years$7,001$6,396$5,838$5,326$4,856$4,446
10 years$6,237$5,638$5,090$4,591$4,138$3,746
11 years$5,612$5,019$4,481$3,996$3,559$3,185
12 years$5,092$4,505$3,977$3,505$3,084$2,727
13 years$4,652$4,071$3,553$3,094$2,689$2,350
14 years$4,275$3,700$3,193$2,747$2,357$2,035
15 years$3,949$3,380$2,882$2,450$2,076$1,769
16 years$3,664$3,101$2,613$2,193$1,834$1,544
17 years$3,413$2,856$2,378$1,971$1,627$1,351
18 years$3,189$2,639$2,171$1,776$1,446$1,185
19 years$2,990$2,446$1,987$1,605$1,289$1,042
20 years$2,811$2,273$1,824$1,453$1,151$919
21 years$2,649$2,117$1,678$1,319$1,030$811
22 years$2,502$1,976$1,546$1,199$924$717
23 years$2,368$1,848$1,428$1,092$829$634
24 years$2,245$1,732$1,320$996$745$562
25 years$2,132$1,625$1,223$910$671$498
26 years$2,028$1,527$1,134$832$604$442
27 years$1,932$1,438$1,053$761$545$393
28 years$1,843$1,355$979$698$491$349
29 years$1,760$1,278$911$640$444$311
30 years$1,683$1,207$849$587$401$276
31 years$1,611$1,141$791$539$362$246
32 years$1,544$1,079$738$496$328$219
33 years$1,481$1,022$689$456$297$195
34 years$1,422$969$644$419$269$174
35 years$1,366$919$602$386$243$155
36 years$1,313$872$563$355$220$138
37 years$1,264$828$527$328$200$123
38 years$1,217$787$494$302$181$110
39 years$1,173$749$463$278$164$98
40 years$1,131$712$434$257$149$88
41 years$1,091$678$406$237$135$78
42 years$1,053$646$381$219$123$70
43 years$1,017$615$358$202$111$62
44 years$983$586$336$186$101$56
45 years$950$559$315$172$92$50
46 years$919$533$296$159$83$44
47 years$889$509$278$147$76$40
48 years$861$486$261$136$69$35
49 years$833$464$246$125$62$32
50 years$807$443$231$116$57$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $827,000, adding $2,000 every year, while hoping to spend $22,352 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: 47/47/6 Blend
68$827,000$827,000$827,000$827,000
69$913,417$869,586$856,768$954,805
70$982,803$888,413$861,687$1,002,216
71$1,058,518$907,414$866,022$1,051,123
72$1,141,182$926,573$869,729$1,103,671
73$1,231,481$945,874$872,764$1,160,203
74$1,330,169$965,298$875,078$1,221,097
75$1,438,075$984,826$876,622$1,286,771
76$1,556,112$1,004,436$877,342$1,357,684
77$1,685,286$1,024,105$877,184$1,434,342
78$1,826,706$1,043,806$876,090$1,517,303
79$1,981,590$1,063,513$874,000$1,607,180
80$2,151,283$1,083,195$870,849$1,704,651
81$2,337,262$1,102,820$866,570$1,810,462
82$2,541,157$1,122,353$861,095$1,925,436
83$2,764,763$1,141,757$854,350$2,050,477
84$3,010,056$1,160,989$846,257$2,186,587
85$3,279,212$1,180,008$836,737$2,334,864
86$3,574,628$1,198,766$825,705$2,496,523
87$3,898,947$1,217,212$813,073$2,672,902
88$4,255,078$1,235,293$798,748$2,865,475
89$4,646,224$1,252,950$782,635$3,075,867
90$5,075,917$1,270,123$764,631$3,305,871
91$5,548,045$1,286,744$744,631$3,557,461
92$6,066,893$1,302,742$722,524$3,832,815
93$6,637,182$1,318,043$698,194$4,134,334
94$7,264,112$1,332,564$671,521$4,464,663
95$7,953,412$1,346,219$642,377$4,826,719
96$8,711,393$1,358,918$610,630$5,223,719
97$9,545,011$1,370,560$576,142$5,659,206
98$10,461,927$1,381,042$538,767$6,137,091
99$11,470,583$1,390,253$498,355$6,661,679
100$12,580,280$1,398,073$454,748$7,237,722