Can I retire at age 69 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$71,431$70,795$70,174$69,568$68,976$66,742
2 years$35,362$34,703$34,065$33,446$32,846$30,615
3 years$23,340$22,679$22,042$21,429$20,839$18,683
4 years$17,331$16,671$16,041$15,439$14,862$12,797
5 years$13,726$13,071$12,449$11,858$11,298$9,329
6 years$11,324$10,673$10,060$9,483$8,940$7,069
7 years$9,608$8,963$8,360$7,797$7,270$5,497
8 years$8,322$7,683$7,090$6,540$6,032$4,355
9 years$7,323$6,690$6,107$5,571$5,079$3,497
10 years$6,524$5,897$5,324$4,802$4,328$2,837
11 years$5,870$5,249$4,687$4,179$3,722$2,321
12 years$5,326$4,712$4,160$3,666$3,226$1,911
13 years$4,866$4,258$3,716$3,236$2,813$1,581
14 years$4,472$3,870$3,339$2,873$2,466$1,313
15 years$4,131$3,536$3,015$2,562$2,171$1,095
16 years$3,832$3,244$2,733$2,294$1,919$915
17 years$3,569$2,987$2,487$2,061$1,701$767
18 years$3,336$2,761$2,271$1,858$1,513$643
19 years$3,127$2,558$2,079$1,679$1,348$541
20 years$2,940$2,377$1,908$1,520$1,204$455
21 years$2,770$2,214$1,755$1,380$1,078$384
22 years$2,617$2,067$1,617$1,254$966$323
23 years$2,476$1,933$1,493$1,142$867$273
24 years$2,348$1,811$1,381$1,042$779$231
25 years$2,230$1,700$1,279$952$701$195
26 years$2,121$1,598$1,186$870$632$165
27 years$2,021$1,504$1,102$796$570$139
28 years$1,928$1,417$1,024$730$514$118
29 years$1,841$1,337$953$669$464$100
30 years$1,761$1,262$888$614$419$84
31 years$1,686$1,193$828$564$379$71
32 years$1,615$1,129$772$518$343$60
33 years$1,549$1,069$721$477$310$51
34 years$1,487$1,013$674$439$281$43
35 years$1,429$961$630$404$255$37
36 years$1,374$912$589$372$231$31
37 years$1,322$866$551$343$209$26
38 years$1,273$823$516$316$189$22
39 years$1,227$783$484$291$172$19
40 years$1,183$745$453$269$156$16
41 years$1,141$709$425$248$141$14
42 years$1,101$675$399$229$128$12
43 years$1,064$644$374$211$116$10
44 years$1,028$613$351$195$106$8
45 years$994$585$330$180$96$7
46 years$961$558$310$166$87$6
47 years$930$533$291$154$79$5
48 years$900$508$274$142$72$4
49 years$872$485$257$131$65$4
50 years$845$464$242$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $865,000, adding $5,898 every year, while hoping to spend $38,337 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: 64/30/6 Blend
68$865,000$865,000$865,000$865,000
69$959,314$913,469$900,061$1,019,367
70$1,016,374$917,438$889,423$1,064,043
71$1,077,968$920,318$877,144$1,107,735
72$1,144,521$922,013$863,127$1,154,446
73$1,216,494$922,424$847,274$1,204,466
74$1,294,399$921,445$829,480$1,258,114
75$1,378,795$918,963$809,635$1,315,745
76$1,470,299$914,859$787,625$1,377,748
77$1,569,589$909,007$763,330$1,444,554
78$1,677,410$901,271$736,625$1,516,638
79$1,794,582$891,510$707,378$1,594,527
80$1,922,008$879,572$675,453$1,678,800
81$2,060,678$865,296$640,706$1,770,098
82$2,211,685$848,514$602,988$1,869,129
83$2,376,231$829,045$562,142$1,976,673
84$2,555,638$806,700$518,005$2,093,593
85$2,751,361$781,276$470,406$2,220,843
86$2,965,001$752,560$419,166$2,359,472
87$3,198,323$720,326$364,100$2,510,644
88$3,453,266$684,337$305,011$2,675,639
89$3,731,968$644,338$241,698$2,855,872
90$4,036,781$600,063$173,947$3,052,906
91$4,370,296$551,229$101,538$3,268,465
92$4,735,365$497,538$24,238$3,504,453
93$5,135,129$438,675$0$3,762,971
94$5,573,047$374,304$0$4,050,067
95$6,052,927$304,075$0$4,366,471
96$6,578,966$227,615$0$4,713,469
97$7,155,782$144,530$0$5,094,196
98$7,788,465$54,405$0$5,512,112
99$8,482,620$0$0$5,971,032
100$9,244,421$0$0$6,489,423