Can I retire at age 69 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$150,294$148,955$147,649$146,374$145,129$144,215
2 years$74,403$73,017$71,674$70,372$69,109$68,187
3 years$49,109$47,718$46,378$45,088$43,846$42,944
4 years$36,465$35,077$33,751$32,483$31,271$30,397
5 years$28,880$27,501$26,192$24,950$23,772$22,928
6 years$23,825$22,457$21,167$19,953$18,810$17,997
7 years$20,216$18,859$17,590$16,405$15,297$14,516
8 years$17,511$16,166$14,918$13,761$12,691$11,941
9 years$15,407$14,075$12,849$11,722$10,687$9,969
10 years$13,726$12,407$11,202$10,104$9,106$8,419
11 years$12,351$11,045$9,862$8,794$7,832$7,175
12 years$11,206$9,913$8,752$7,713$6,787$6,160
13 years$10,238$8,959$7,820$6,810$5,918$5,321
14 years$9,409$8,143$7,026$6,045$5,188$4,619
15 years$8,691$7,439$6,343$5,391$4,568$4,027
16 years$8,063$6,825$5,751$4,827$4,037$3,524
17 years$7,510$6,286$5,233$4,337$3,579$3,092
18 years$7,019$5,808$4,777$3,908$3,183$2,721
19 years$6,580$5,383$4,373$3,532$2,837$2,400
20 years$6,186$5,002$4,014$3,199$2,534$2,121
21 years$5,829$4,659$3,692$2,903$2,268$1,877
22 years$5,505$4,349$3,403$2,639$2,033$1,664
23 years$5,210$4,068$3,142$2,404$1,825$1,477
24 years$4,940$3,811$2,906$2,192$1,640$1,313
25 years$4,692$3,577$2,691$2,002$1,476$1,168
26 years$4,464$3,362$2,496$1,831$1,329$1,040
27 years$4,252$3,164$2,318$1,676$1,198$927
28 years$4,056$2,981$2,155$1,535$1,081$826
29 years$3,874$2,812$2,005$1,408$976$737
30 years$3,705$2,656$1,868$1,292$882$658
31 years$3,546$2,511$1,741$1,187$798$588
32 years$3,398$2,376$1,624$1,091$722$525
33 years$3,259$2,250$1,517$1,003$653$470
34 years$3,129$2,132$1,417$923$591$420
35 years$3,006$2,022$1,325$849$535$376
36 years$2,891$1,920$1,239$782$485$336
37 years$2,781$1,823$1,160$721$440$301
38 years$2,678$1,733$1,086$664$399$269
39 years$2,581$1,648$1,018$613$362$241
40 years$2,488$1,568$954$565$328$216
41 years$2,400$1,492$895$521$297$193
42 years$2,317$1,421$839$481$270$173
43 years$2,238$1,354$787$444$245$155
44 years$2,162$1,291$739$410$222$139
45 years$2,091$1,231$694$379$202$125
46 years$2,022$1,174$652$350$183$112
47 years$1,957$1,120$612$323$166$100
48 years$1,894$1,070$575$299$151$90
49 years$1,834$1,021$541$276$137$80
50 years$1,777$976$509$255$125$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,820,000, adding $3,826 every year, while hoping to spend $20,699 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: 53/26/21 Blend
68$1,820,000$1,820,000$1,820,000$1,820,000
69$2,009,587$1,913,127$1,884,917$2,104,307
70$2,192,541$1,984,846$1,926,038$2,241,566
71$2,393,463$2,059,386$1,967,843$2,388,371
72$2,614,163$2,136,863$2,010,332$2,547,679
73$2,856,636$2,217,399$2,053,507$2,720,688
74$3,123,081$2,301,119$2,097,368$2,908,717
75$3,415,917$2,388,156$2,141,912$3,113,215
76$3,737,813$2,478,647$2,187,138$3,335,777
77$4,091,706$2,572,738$2,233,043$3,578,159
78$4,480,835$2,670,576$2,279,625$3,842,292
79$4,908,766$2,772,320$2,326,877$4,130,300
80$5,379,428$2,878,132$2,374,796$4,444,522
81$5,897,152$2,988,182$2,423,374$4,787,532
82$6,466,708$3,102,650$2,472,604$5,162,163
83$7,093,352$3,221,720$2,522,476$5,571,534
84$7,782,876$3,345,586$2,572,980$6,019,078
85$8,541,660$3,474,450$2,624,106$6,508,575
86$9,376,735$3,608,524$2,675,840$7,044,186
87$10,295,848$3,748,029$2,728,167$7,630,493
88$11,307,536$3,893,193$2,781,072$8,272,541
89$12,421,204$4,044,258$2,834,537$8,975,884
90$13,647,215$4,201,475$2,888,542$9,746,641
91$14,996,989$4,365,106$2,943,066$10,591,548
92$16,483,110$4,535,424$2,998,087$11,518,023
93$18,119,442$4,712,715$3,053,578$12,534,239
94$19,921,264$4,897,277$3,109,512$13,649,193
95$21,905,412$5,089,423$3,165,859$14,872,797
96$24,090,437$5,289,477$3,222,588$16,215,969
97$26,496,780$5,497,780$3,279,664$17,690,733
98$29,146,968$5,714,688$3,337,049$19,310,334
99$32,065,822$5,940,570$3,394,703$21,089,361
100$35,280,693$6,175,815$3,452,583$23,043,888