Can I retire at age 69 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$297,285$294,637$292,053$289,531$287,069$283,953
2 years$147,171$144,430$141,773$139,198$136,700$133,562
3 years$97,139$94,386$91,737$89,185$86,728$83,666
4 years$72,128$69,384$66,761$64,253$61,855$58,893
5 years$57,126$54,398$51,809$49,352$47,021$44,167
6 years$47,127$44,420$41,869$39,468$37,206$34,464
7 years$39,988$37,304$34,794$32,448$30,259$27,629
8 years$34,637$31,976$29,508$27,220$25,102$22,586
9 years$30,476$27,841$25,415$23,186$21,140$18,735
10 years$27,150$24,541$22,157$19,986$18,012$15,718
11 years$24,430$21,847$19,507$17,394$15,491$13,305
12 years$22,165$19,609$17,312$15,257$13,424$11,344
13 years$20,251$17,721$15,467$13,470$11,706$9,729
14 years$18,611$16,107$13,897$11,957$10,262$8,385
15 years$17,191$14,714$12,547$10,663$9,035$7,257
16 years$15,949$13,500$11,376$9,548$7,985$6,302
17 years$14,855$12,433$10,352$8,579$7,080$5,488
18 years$13,884$11,489$9,450$7,731$6,295$4,792
19 years$13,016$10,648$8,651$6,986$5,611$4,193
20 years$12,235$9,894$7,939$6,327$5,012$3,676
21 years$11,530$9,216$7,303$5,742$4,485$3,227
22 years$10,890$8,603$6,731$5,221$4,020$2,837
23 years$10,306$8,046$6,214$4,755$3,609$2,498
24 years$9,772$7,539$5,747$4,337$3,244$2,201
25 years$9,281$7,075$5,323$3,960$2,919$1,941
26 years$8,829$6,649$4,937$3,621$2,629$1,714
27 years$8,411$6,258$4,584$3,315$2,371$1,514
28 years$8,024$5,897$4,262$3,037$2,139$1,338
29 years$7,664$5,563$3,966$2,785$1,931$1,183
30 years$7,328$5,253$3,694$2,556$1,745$1,047
31 years$7,015$4,966$3,444$2,347$1,578$927
32 years$6,722$4,699$3,213$2,157$1,427$821
33 years$6,447$4,450$3,000$1,984$1,292$727
34 years$6,189$4,218$2,803$1,825$1,169$644
35 years$5,946$4,000$2,621$1,680$1,059$571
36 years$5,718$3,797$2,452$1,547$960$506
37 years$5,502$3,606$2,295$1,426$870$449
38 years$5,298$3,427$2,149$1,314$789$398
39 years$5,105$3,259$2,013$1,212$715$353
40 years$4,922$3,101$1,887$1,118$649$313
41 years$4,748$2,951$1,770$1,031$588$278
42 years$4,583$2,811$1,660$952$534$247
43 years$4,427$2,678$1,558$878$485$219
44 years$4,277$2,553$1,462$811$440$194
45 years$4,135$2,434$1,373$749$399$172
46 years$3,999$2,322$1,289$692$363$153
47 years$3,870$2,216$1,211$639$329$136
48 years$3,746$2,116$1,138$591$299$121
49 years$3,628$2,020$1,070$546$272$107
50 years$3,515$1,930$1,006$505$247$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $3,600,000, adding $5,451 every year, while hoping to spend $39,269 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: 50/42/8 Blend
68$3,600,000$3,600,000$3,600,000$3,600,000
69$3,972,823$3,782,023$3,726,223$4,162,975
70$4,336,269$3,925,560$3,809,269$4,436,860
71$4,735,470$4,074,814$3,893,782$4,729,664
72$5,174,032$4,230,025$3,979,768$5,046,905
73$5,655,928$4,391,440$4,067,234$5,390,881
74$6,185,532$4,559,320$4,156,186$5,764,119
75$6,767,666$4,733,936$4,246,628$6,169,396
76$7,407,640$4,915,572$4,338,562$6,609,762
77$8,111,307$5,104,522$4,431,992$7,088,573
78$8,885,112$5,301,096$4,526,916$7,609,516
79$9,736,159$5,505,615$4,623,333$8,176,646
80$10,672,273$5,718,416$4,721,240$8,794,425
81$11,702,076$5,939,849$4,820,632$9,467,756
82$12,835,067$6,170,281$4,921,503$10,202,036
83$14,081,714$6,410,095$5,023,843$11,003,199
84$15,453,549$6,659,690$5,127,642$11,877,775
85$16,963,280$6,919,483$5,232,887$12,832,949
86$18,624,907$7,189,910$5,339,561$13,876,626
87$20,453,859$7,471,427$5,447,648$15,017,506
88$22,467,133$7,764,508$5,557,125$16,265,163
89$24,683,462$8,069,650$5,667,970$17,630,135
90$27,123,484$8,387,372$5,780,156$19,124,020
91$29,809,940$8,718,214$5,893,652$20,759,586
92$32,767,891$9,062,744$6,008,426$22,550,887
93$36,024,949$9,421,551$6,124,442$24,513,395
94$39,611,541$9,795,254$6,241,658$26,664,144
95$43,561,195$10,184,499$6,360,030$29,021,889
96$47,910,856$10,589,958$6,479,510$31,607,280
97$52,701,234$11,012,337$6,600,044$34,443,055
98$57,977,191$11,452,372$6,721,576$37,554,252
99$63,788,158$11,910,832$6,844,043$40,968,442
100$70,188,609$12,388,521$6,967,377$44,715,988