Can I retire at age 69 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$185,803$184,148$182,533$180,957$179,418$172,915
2 years$91,982$90,269$88,608$86,999$85,437$78,956
3 years$60,712$58,991$57,335$55,741$54,205$47,951
4 years$45,080$43,365$41,726$40,158$38,659$32,679
5 years$35,704$33,999$32,381$30,845$29,388$23,698
6 years$29,455$27,762$26,168$24,667$23,254$17,858
7 years$24,993$23,315$21,746$20,280$18,912$13,808
8 years$21,648$19,985$18,442$17,013$15,689$10,874
9 years$19,048$17,401$15,884$14,491$13,212$8,679
10 years$16,969$15,338$13,848$12,491$11,258$6,998
11 years$15,269$13,654$12,192$10,871$9,682$5,687
12 years$13,853$12,255$10,820$9,536$8,390$4,651
13 years$12,657$11,075$9,667$8,418$7,316$3,822
14 years$11,632$10,067$8,686$7,473$6,414$3,153
15 years$10,744$9,197$7,842$6,665$5,647$2,610
16 years$9,968$8,438$7,110$5,967$4,991$2,165
17 years$9,285$7,771$6,470$5,362$4,425$1,801
18 years$8,677$7,181$5,906$4,832$3,935$1,500
19 years$8,135$6,655$5,407$4,366$3,507$1,251
20 years$7,647$6,184$4,962$3,954$3,133$1,045
21 years$7,206$5,760$4,564$3,589$2,803$874
22 years$6,806$5,377$4,207$3,263$2,513$731
23 years$6,441$5,029$3,884$2,972$2,256$612
24 years$6,108$4,712$3,592$2,710$2,027$513
25 years$5,801$4,422$3,327$2,475$1,824$430
26 years$5,518$4,156$3,086$2,263$1,643$361
27 years$5,257$3,911$2,865$2,072$1,482$303
28 years$5,015$3,685$2,664$1,898$1,337$254
29 years$4,790$3,477$2,479$1,741$1,207$213
30 years$4,580$3,283$2,309$1,597$1,091$179
31 years$4,384$3,104$2,152$1,467$986$150
32 years$4,201$2,937$2,008$1,348$892$126
33 years$4,029$2,781$1,875$1,240$807$106
34 years$3,868$2,636$1,752$1,141$731$89
35 years$3,716$2,500$1,638$1,050$662$75
36 years$3,574$2,373$1,532$967$600$63
37 years$3,439$2,254$1,434$891$544$53
38 years$3,311$2,142$1,343$821$493$44
39 years$3,190$2,037$1,258$757$447$37
40 years$3,076$1,938$1,179$699$405$31
41 years$2,968$1,845$1,106$644$368$26
42 years$2,865$1,757$1,037$595$334$22
43 years$2,767$1,674$973$549$303$19
44 years$2,673$1,596$914$507$275$16
45 years$2,584$1,522$858$468$250$13
46 years$2,500$1,451$806$432$227$11
47 years$2,419$1,385$757$400$206$9
48 years$2,341$1,322$711$369$187$8
49 years$2,268$1,263$669$341$170$7
50 years$2,197$1,206$629$315$154$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,250,000, adding $4,766 every year, while hoping to spend $46,048 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: 62/10/28 Blend
68$2,250,000$2,250,000$2,250,000$2,250,000
69$2,484,416$2,365,166$2,330,291$2,619,517
70$2,688,832$2,432,065$2,359,361$2,778,791
71$2,912,555$2,500,698$2,387,862$2,947,214
72$3,157,505$2,571,102$2,415,725$3,130,146
73$3,425,799$2,643,314$2,442,880$3,329,015
74$3,719,764$2,717,370$2,469,250$3,545,395
75$4,041,967$2,793,308$2,494,757$3,781,020
76$4,395,232$2,871,165$2,519,316$4,037,798
77$4,782,672$2,950,978$2,542,839$4,317,836
78$5,207,713$3,032,784$2,565,232$4,623,451
79$5,674,129$3,116,621$2,586,398$4,957,198
80$6,186,081$3,202,525$2,606,232$5,321,893
81$6,748,146$3,290,534$2,624,626$5,720,637
82$7,365,372$3,380,685$2,641,466$6,156,849
83$8,043,315$3,473,014$2,656,631$6,634,294
84$8,788,099$3,567,558$2,669,993$7,157,124
85$9,606,469$3,664,351$2,681,422$7,729,912
86$10,505,854$3,763,430$2,690,775$8,357,698
87$11,494,442$3,864,829$2,697,907$9,046,038
88$12,581,251$3,968,582$2,702,663$9,801,052
89$13,776,218$4,074,721$2,704,881$10,629,486
90$15,090,289$4,183,279$2,704,391$11,538,774
91$16,535,525$4,294,287$2,701,015$12,537,107
92$18,125,216$4,407,774$2,694,566$13,633,516
93$19,874,001$4,523,768$2,684,847$14,837,948
94$21,798,013$4,642,296$2,671,653$16,161,370
95$23,915,026$4,763,384$2,654,769$17,615,865
96$26,244,622$4,887,054$2,633,968$19,214,752
97$28,808,381$5,013,327$2,609,013$20,972,707
98$31,630,077$5,142,221$2,579,657$22,905,905
99$34,735,909$5,273,754$2,545,639$25,032,173
100$38,154,742$5,407,938$2,506,688$27,371,154