Can I retire at age 69 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$151,120$149,774$148,460$147,178$145,927$142,573
2 years$74,812$73,418$72,068$70,759$69,489$66,128
3 years$49,379$47,980$46,633$45,336$44,087$40,824
4 years$36,665$35,270$33,937$32,662$31,443$28,304
5 years$29,039$27,652$26,336$25,088$23,902$20,896
6 years$23,956$22,580$21,284$20,063$18,913$16,042
7 years$20,327$18,963$17,687$16,495$15,381$12,646
8 years$17,607$16,255$15,000$13,837$12,760$10,160
9 years$15,492$14,153$12,919$11,786$10,746$8,279
10 years$13,801$12,475$11,263$10,160$9,156$6,819
11 years$12,419$11,106$9,916$8,842$7,875$5,664
12 years$11,267$9,968$8,800$7,756$6,824$4,737
13 years$10,294$9,008$7,862$6,847$5,951$3,983
14 years$9,460$8,188$7,064$6,078$5,216$3,365
15 years$8,739$7,480$6,378$5,421$4,593$2,852
16 years$8,108$6,863$5,783$4,853$4,059$2,425
17 years$7,551$6,320$5,262$4,361$3,599$2,068
18 years$7,058$5,840$4,804$3,930$3,200$1,766
19 years$6,616$5,413$4,398$3,551$2,852$1,512
20 years$6,220$5,030$4,036$3,216$2,548$1,296
21 years$5,861$4,685$3,712$2,919$2,280$1,112
22 years$5,536$4,373$3,421$2,654$2,044$956
23 years$5,239$4,090$3,159$2,417$1,835$822
24 years$4,967$3,832$2,922$2,204$1,649$708
25 years$4,718$3,596$2,706$2,013$1,484$609
26 years$4,488$3,380$2,510$1,841$1,337$525
27 years$4,276$3,181$2,330$1,685$1,205$453
28 years$4,079$2,997$2,166$1,544$1,087$391
29 years$3,896$2,828$2,016$1,416$982$337
30 years$3,725$2,670$1,878$1,299$887$291
31 years$3,566$2,524$1,751$1,193$802$251
32 years$3,417$2,389$1,633$1,097$726$217
33 years$3,277$2,262$1,525$1,008$657$188
34 years$3,146$2,144$1,425$928$594$162
35 years$3,023$2,034$1,332$854$538$140
36 years$2,906$1,930$1,246$787$488$121
37 years$2,797$1,833$1,167$725$442$105
38 years$2,693$1,742$1,092$668$401$90
39 years$2,595$1,657$1,023$616$364$78
40 years$2,502$1,576$959$568$330$68
41 years$2,414$1,500$899$524$299$58
42 years$2,330$1,429$844$484$271$51
43 years$2,250$1,361$792$447$246$44
44 years$2,174$1,298$743$412$224$38
45 years$2,102$1,237$698$381$203$33
46 years$2,033$1,181$655$352$184$28
47 years$1,967$1,127$616$325$167$24
48 years$1,904$1,075$579$300$152$21
49 years$1,844$1,027$544$278$138$18
50 years$1,787$981$511$257$125$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $1,830,000, adding $4,749 every year, while hoping to spend $50,303 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: 56/18/26 Blend
68$1,830,000$1,830,000$1,830,000$1,830,000
69$2,021,559$1,924,569$1,896,204$2,120,104
70$2,174,236$1,965,350$1,906,204$2,229,073
71$2,340,800$2,006,445$1,914,854$2,342,073
72$2,522,614$2,047,813$1,922,055$2,464,150
73$2,721,180$2,089,416$1,927,703$2,596,196
74$2,938,149$2,131,206$1,931,690$2,739,192
75$3,175,341$2,173,135$1,933,902$2,894,222
76$3,434,757$2,215,150$1,934,219$3,062,478
77$3,718,603$2,257,193$1,932,516$3,245,278
78$4,029,306$2,299,202$1,928,661$3,444,072
79$4,369,541$2,341,108$1,922,517$3,660,460
80$4,742,250$2,382,839$1,913,937$3,896,208
81$5,150,678$2,424,315$1,902,772$4,153,259
82$5,598,393$2,465,453$1,888,861$4,433,760
83$6,089,329$2,506,160$1,872,038$4,740,074
84$6,627,817$2,546,339$1,852,128$5,074,811
85$7,218,629$2,585,883$1,828,948$5,440,846
86$7,867,019$2,624,681$1,802,308$5,841,348
87$8,578,775$2,662,611$1,772,006$6,279,813
88$9,360,274$2,699,543$1,737,832$6,760,095
89$10,218,540$2,735,339$1,699,567$7,286,445
90$11,161,309$2,769,849$1,656,981$7,863,547
91$12,197,107$2,802,915$1,609,833$8,496,566
92$13,335,321$2,834,367$1,557,872$9,191,199
93$14,586,298$2,864,026$1,500,836$9,953,725
94$15,961,435$2,891,697$1,438,447$10,791,066
95$17,473,286$2,917,175$1,370,420$11,710,856
96$19,135,685$2,940,240$1,296,453$12,721,508
97$20,963,872$2,960,660$1,216,232$13,832,301
98$22,974,640$2,978,185$1,129,429$15,053,461
99$25,186,489$2,992,551$1,035,700$16,396,263
100$27,619,801$3,003,477$934,686$17,873,138