Can I retire at age 69 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$149,468$148,137$146,838$145,570$144,332$141,245
2 years$73,994$72,616$71,280$69,986$68,729$65,634
3 years$48,839$47,455$46,123$44,840$43,605$40,598
4 years$36,265$34,885$33,566$32,305$31,099$28,204
5 years$28,722$27,350$26,048$24,813$23,641$20,866
6 years$23,695$22,333$21,051$19,843$18,706$16,054
7 years$20,105$18,756$17,494$16,314$15,213$12,684
8 years$17,414$16,077$14,836$13,686$12,621$10,214
9 years$15,323$13,998$12,778$11,657$10,629$8,343
10 years$13,650$12,338$11,140$10,049$9,056$6,889
11 years$12,283$10,984$9,808$8,745$7,789$5,737
12 years$11,144$9,859$8,704$7,671$6,749$4,811
13 years$10,182$8,909$7,777$6,772$5,886$4,056
14 years$9,357$8,098$6,987$6,012$5,159$3,435
15 years$8,643$7,398$6,309$5,361$4,543$2,920
16 years$8,019$6,788$5,720$4,800$4,015$2,490
17 years$7,469$6,251$5,205$4,313$3,560$2,129
18 years$6,980$5,776$4,751$3,887$3,165$1,824
19 years$6,544$5,353$4,349$3,512$2,821$1,566
20 years$6,152$4,975$3,992$3,181$2,520$1,346
21 years$5,797$4,634$3,672$2,887$2,255$1,159
22 years$5,475$4,325$3,384$2,625$2,021$999
23 years$5,182$4,045$3,124$2,391$1,815$862
24 years$4,913$3,790$2,890$2,180$1,631$744
25 years$4,666$3,557$2,676$1,991$1,468$643
26 years$4,439$3,343$2,482$1,821$1,322$556
27 years$4,229$3,146$2,305$1,666$1,192$481
28 years$4,034$2,965$2,143$1,527$1,075$416
29 years$3,853$2,797$1,994$1,400$971$361
30 years$3,684$2,641$1,857$1,285$877$312
31 years$3,527$2,497$1,732$1,180$793$271
32 years$3,380$2,363$1,616$1,085$718$234
33 years$3,241$2,237$1,508$997$649$203
34 years$3,112$2,121$1,409$918$588$176
35 years$2,990$2,011$1,318$845$533$153
36 years$2,875$1,909$1,233$778$483$132
37 years$2,766$1,813$1,154$717$437$115
38 years$2,664$1,723$1,080$661$396$100
39 years$2,567$1,639$1,012$609$360$86
40 years$2,475$1,559$949$562$326$75
41 years$2,387$1,484$890$518$296$65
42 years$2,304$1,413$835$478$268$56
43 years$2,226$1,347$783$442$244$49
44 years$2,151$1,284$735$408$221$43
45 years$2,079$1,224$690$377$201$37
46 years$2,011$1,168$648$348$182$32
47 years$1,946$1,114$609$321$166$28
48 years$1,884$1,064$572$297$150$24
49 years$1,824$1,016$538$274$137$21
50 years$1,767$970$506$254$124$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,810,000, adding $6,482 every year, while hoping to spend $41,786 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: 65/15/20 Blend
68$1,810,000$1,810,000$1,810,000$1,810,000
69$2,001,306$1,905,376$1,877,321$2,120,852
70$2,160,979$1,954,280$1,895,751$2,250,840
71$2,335,539$2,004,179$1,913,399$2,387,488
72$2,526,459$2,055,079$1,930,192$2,535,841
73$2,735,362$2,106,982$1,946,059$2,697,045
74$2,964,037$2,159,892$1,960,919$2,872,365
75$3,214,451$2,213,809$1,974,693$3,063,195
76$3,488,772$2,268,733$1,987,292$3,271,069
77$3,789,387$2,324,661$1,998,626$3,497,678
78$4,118,924$2,381,589$2,008,600$3,744,884
79$4,480,279$2,439,512$2,017,113$4,014,741
80$4,876,642$2,498,421$2,024,060$4,309,509
81$5,311,523$2,558,308$2,029,330$4,631,681
82$5,788,792$2,619,159$2,032,806$4,984,001
83$6,312,711$2,680,960$2,034,367$5,369,494
84$6,887,974$2,743,693$2,033,885$5,791,495
85$7,519,751$2,807,338$2,031,224$6,253,675
86$8,213,740$2,871,872$2,026,244$6,760,083
87$8,976,215$2,937,267$2,018,797$7,315,180
88$9,814,090$3,003,494$2,008,728$7,923,880
89$10,734,981$3,070,519$1,995,874$8,591,600
90$11,747,278$3,138,303$1,980,064$9,324,309
91$12,860,225$3,206,805$1,961,121$10,128,586
92$14,084,007$3,275,977$1,938,857$11,011,678
93$15,429,843$3,345,768$1,913,077$11,981,576
94$16,910,097$3,416,120$1,883,575$13,047,084
95$18,538,388$3,486,972$1,850,136$14,217,902
96$20,329,724$3,558,254$1,812,536$15,504,725
97$22,300,640$3,629,892$1,770,540$16,919,336
98$24,469,354$3,701,805$1,723,901$18,474,721
99$26,855,939$3,773,904$1,672,363$20,185,192
100$29,482,513$3,846,094$1,615,655$22,066,521