Can I retire at age 69 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$146,991$145,681$144,404$143,157$141,940$141,342
2 years$72,768$71,412$70,099$68,826$67,590$66,987
3 years$48,030$46,669$45,359$44,097$42,882$42,291
4 years$35,663$34,307$33,010$31,770$30,584$30,011
5 years$28,246$26,897$25,617$24,402$23,249$22,695
6 years$23,302$21,963$20,702$19,515$18,396$17,862
7 years$19,772$18,445$17,204$16,044$14,961$14,447
8 years$17,126$15,810$14,590$13,459$12,412$11,918
9 years$15,069$13,766$12,566$11,464$10,453$9,979
10 years$13,424$12,134$10,956$9,882$8,906$8,452
11 years$12,079$10,802$9,645$8,600$7,660$7,226
12 years$10,960$9,695$8,560$7,544$6,638$6,223
13 years$10,013$8,762$7,648$6,660$5,788$5,392
14 years$9,202$7,964$6,871$5,912$5,074$4,697
15 years$8,500$7,275$6,204$5,272$4,467$4,108
16 years$7,886$6,675$5,625$4,721$3,948$3,607
17 years$7,345$6,148$5,118$4,242$3,501$3,176
18 years$6,865$5,681$4,672$3,823$3,113$2,805
19 years$6,436$5,265$4,277$3,454$2,774$2,482
20 years$6,050$4,892$3,926$3,128$2,478$2,201
21 years$5,701$4,557$3,611$2,839$2,218$1,956
22 years$5,384$4,254$3,328$2,581$1,988$1,740
23 years$5,096$3,978$3,073$2,351$1,784$1,551
24 years$4,832$3,728$2,842$2,144$1,604$1,383
25 years$4,589$3,498$2,632$1,958$1,443$1,235
26 years$4,366$3,288$2,441$1,790$1,300$1,104
27 years$4,159$3,094$2,267$1,639$1,172$988
28 years$3,967$2,916$2,107$1,502$1,058$884
29 years$3,789$2,750$1,961$1,377$955$792
30 years$3,623$2,598$1,827$1,264$863$710
31 years$3,468$2,456$1,703$1,161$780$637
32 years$3,324$2,323$1,589$1,067$706$571
33 years$3,188$2,200$1,483$981$639$513
34 years$3,060$2,085$1,386$902$578$461
35 years$2,940$1,978$1,296$831$524$414
36 years$2,827$1,877$1,212$765$475$372
37 years$2,720$1,783$1,135$705$430$334
38 years$2,619$1,695$1,063$650$390$300
39 years$2,524$1,611$995$599$354$270
40 years$2,434$1,533$933$553$321$243
41 years$2,348$1,459$875$510$291$219
42 years$2,266$1,390$821$471$264$197
43 years$2,189$1,324$770$434$240$177
44 years$2,115$1,262$723$401$217$159
45 years$2,045$1,204$679$370$197$143
46 years$1,978$1,148$638$342$179$129
47 years$1,914$1,096$599$316$163$116
48 years$1,852$1,046$563$292$148$104
49 years$1,794$999$529$270$134$94
50 years$1,738$954$497$250$122$85

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,780,000, adding $5,185 every year, while hoping to spend $45,769 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: 57/25/18 Blend
68$1,780,000$1,780,000$1,780,000$1,780,000
69$1,966,908$1,872,568$1,844,978$2,069,387
70$2,118,835$1,915,626$1,858,087$2,182,680
71$2,284,724$1,959,260$1,870,101$2,300,676
72$2,465,952$2,003,450$1,880,936$2,428,238
73$2,664,033$2,048,173$1,890,501$2,566,293
74$2,880,635$2,093,403$1,898,703$2,715,865
75$3,117,593$2,139,113$1,905,443$2,878,082
76$3,376,930$2,185,272$1,910,617$3,054,187
77$3,660,871$2,231,845$1,914,117$3,245,548
78$3,971,868$2,278,794$1,915,829$3,453,674
79$4,312,622$2,326,078$1,915,632$3,680,229
80$4,686,104$2,373,650$1,913,400$3,927,044
81$5,095,589$2,421,462$1,909,002$4,196,138
82$5,544,685$2,469,459$1,902,299$4,489,738
83$6,037,363$2,517,582$1,893,146$4,810,296
84$6,577,998$2,565,768$1,881,390$5,160,516
85$7,171,409$2,613,947$1,866,873$5,543,377
86$7,822,906$2,662,043$1,849,427$5,962,163
87$8,538,336$2,709,977$1,828,876$6,420,493
88$9,324,142$2,757,661$1,805,038$6,922,358
89$10,187,418$2,805,000$1,777,721$7,472,154
90$11,135,983$2,851,894$1,746,723$8,074,729
91$12,178,450$2,898,233$1,711,835$8,735,424
92$13,324,306$2,943,901$1,672,836$9,460,128
93$14,584,005$2,988,771$1,629,495$10,255,332
94$15,969,062$3,032,710$1,581,572$11,128,188
95$17,492,166$3,075,572$1,528,814$12,086,584
96$19,167,296$3,117,204$1,470,958$13,139,209
97$21,009,853$3,157,440$1,407,728$14,295,645
98$23,036,807$3,196,104$1,338,836$15,566,451
99$25,266,855$3,233,006$1,263,981$16,963,265
100$27,720,597$3,267,947$1,182,847$18,498,916