Can I retire at age 69 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$212,228$210,338$208,493$206,693$204,935$199,981
2 years$105,063$103,107$101,210$99,372$97,588$92,627
3 years$69,347$67,381$65,490$63,668$61,914$57,100
4 years$51,492$49,532$47,660$45,870$44,158$39,529
5 years$40,781$38,834$36,986$35,232$33,568$29,137
6 years$33,644$31,711$29,890$28,175$26,561$22,332
7 years$28,547$26,631$24,839$23,165$21,601$17,575
8 years$24,727$22,828$21,065$19,432$17,920$14,095
9 years$21,757$19,875$18,144$16,552$15,092$11,464
10 years$19,382$17,519$15,818$14,268$12,859$9,425
11 years$17,440$15,596$13,926$12,417$11,059$7,815
12 years$15,824$13,998$12,359$10,892$9,583$6,523
13 years$14,457$12,650$11,042$9,616$8,357$5,474
14 years$13,286$11,499$9,921$8,536$7,326$4,614
15 years$12,272$10,505$8,957$7,612$6,450$3,903
16 years$11,386$9,638$8,121$6,816$5,701$3,312
17 years$10,605$8,876$7,390$6,124$5,055$2,817
18 years$9,912$8,202$6,746$5,519$4,494$2,402
19 years$9,292$7,601$6,176$4,987$4,006$2,051
20 years$8,735$7,064$5,668$4,517$3,578$1,754
21 years$8,231$6,579$5,213$4,099$3,202$1,502
22 years$7,774$6,142$4,805$3,727$2,870$1,288
23 years$7,358$5,744$4,436$3,394$2,576$1,105
24 years$6,976$5,382$4,103$3,096$2,316$949
25 years$6,626$5,051$3,800$2,827$2,084$815
26 years$6,303$4,747$3,524$2,585$1,877$701
27 years$6,005$4,467$3,273$2,366$1,692$603
28 years$5,728$4,209$3,042$2,168$1,527$519
29 years$5,471$3,971$2,831$1,988$1,379$447
30 years$5,231$3,750$2,637$1,825$1,246$385
31 years$5,008$3,545$2,459$1,676$1,126$331
32 years$4,799$3,355$2,294$1,540$1,019$285
33 years$4,602$3,177$2,142$1,416$922$246
34 years$4,418$3,011$2,001$1,303$835$212
35 years$4,245$2,856$1,871$1,199$756$183
36 years$4,082$2,711$1,750$1,105$685$158
37 years$3,928$2,574$1,638$1,018$621$136
38 years$3,782$2,447$1,534$938$563$117
39 years$3,644$2,327$1,437$865$510$101
40 years$3,514$2,213$1,347$798$463$87
41 years$3,390$2,107$1,263$736$420$75
42 years$3,272$2,007$1,185$679$381$65
43 years$3,160$1,912$1,112$627$346$56
44 years$3,054$1,822$1,044$579$314$48
45 years$2,952$1,738$980$535$285$42
46 years$2,855$1,658$920$494$259$36
47 years$2,763$1,582$865$456$235$31
48 years$2,674$1,510$813$422$213$27
49 years$2,590$1,442$764$390$194$23
50 years$2,509$1,378$718$360$176$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $2,570,000, adding $4,359 every year, while hoping to spend $31,630 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: 26/47/27 Blend
68$2,570,000$2,570,000$2,570,000$2,570,000
69$2,836,636$2,700,426$2,660,591$2,886,305
70$3,092,319$2,799,093$2,716,067$3,025,925
71$3,373,022$2,901,535$2,772,341$3,172,624
72$3,681,262$3,007,902$2,829,407$3,329,371
73$4,019,815$3,118,354$2,887,256$3,497,038
74$4,391,737$3,233,054$2,945,880$3,676,579
75$4,800,395$3,352,174$3,005,268$3,869,039
76$5,249,498$3,475,894$3,065,408$4,075,568
77$5,743,133$3,604,398$3,126,285$4,297,423
78$6,285,802$3,737,883$3,187,884$4,535,987
79$6,882,463$3,876,549$3,250,188$4,792,774
80$7,538,583$4,020,609$3,313,178$5,069,451
81$8,260,182$4,170,282$3,376,833$5,367,843
82$9,053,893$4,325,798$3,441,129$5,689,960
83$9,927,024$4,487,396$3,506,041$6,038,006
84$10,887,628$4,655,326$3,571,540$6,414,403
85$11,944,577$4,829,847$3,637,598$6,821,813
86$13,107,646$5,011,233$3,704,180$7,263,163
87$14,387,608$5,199,765$3,771,252$7,741,668
88$15,796,329$5,395,739$3,838,775$8,260,863
89$17,346,888$5,599,463$3,906,707$8,824,635
90$19,053,693$5,811,259$3,975,003$9,437,260
91$20,932,620$6,031,461$4,043,616$10,103,439
92$23,001,164$6,260,420$4,112,495$10,828,341
93$25,278,603$6,498,501$4,181,584$11,617,656
94$27,786,177$6,746,084$4,250,823$12,477,639
95$30,547,293$7,003,567$4,320,151$13,415,177
96$33,587,740$7,271,365$4,389,499$14,437,845
97$36,935,938$7,549,911$4,458,796$15,553,978
98$40,623,203$7,839,656$4,527,966$16,772,751
99$44,684,043$8,141,073$4,596,926$18,104,262
100$49,156,483$8,454,653$4,665,590$19,559,623