Can I retire at age 69 with 536,000?

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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$44,262$43,868$43,483$43,108$42,741$42,526
2 years$21,912$21,504$21,108$20,725$20,353$20,135
3 years$14,463$14,053$13,659$13,279$12,913$12,700
4 years$10,739$10,331$9,940$9,567$9,210$9,003
5 years$8,505$8,099$7,714$7,348$7,001$6,801
6 years$7,017$6,614$6,234$5,876$5,540$5,347
7 years$5,954$5,554$5,180$4,831$4,505$4,320
8 years$5,157$4,761$4,393$4,053$3,737$3,560
9 years$4,538$4,145$3,784$3,452$3,147$2,977
10 years$4,042$3,654$3,299$2,976$2,682$2,519
11 years$3,637$3,253$2,904$2,590$2,306$2,150
12 years$3,300$2,920$2,578$2,272$1,999$1,850
13 years$3,015$2,638$2,303$2,005$1,743$1,601
14 years$2,771$2,398$2,069$1,780$1,528$1,392
15 years$2,559$2,191$1,868$1,588$1,345$1,216
16 years$2,375$2,010$1,694$1,422$1,189$1,066
17 years$2,212$1,851$1,541$1,277$1,054$938
18 years$2,067$1,711$1,407$1,151$937$827
19 years$1,938$1,585$1,288$1,040$835$731
20 years$1,822$1,473$1,182$942$746$647
21 years$1,717$1,372$1,087$855$668$574
22 years$1,621$1,281$1,002$777$599$510
23 years$1,534$1,198$925$708$537$454
24 years$1,455$1,122$856$646$483$404
25 years$1,382$1,053$793$590$435$361
26 years$1,315$990$735$539$391$322
27 years$1,252$932$683$494$353$287
28 years$1,195$878$635$452$318$257
29 years$1,141$828$590$415$288$230
30 years$1,091$782$550$381$260$206
31 years$1,044$739$513$349$235$184
32 years$1,001$700$478$321$212$165
33 years$960$663$447$295$192$148
34 years$921$628$417$272$174$133
35 years$885$596$390$250$158$119
36 years$851$565$365$230$143$107
37 years$819$537$342$212$130$96
38 years$789$510$320$196$117$86
39 years$760$485$300$180$106$77
40 years$733$462$281$166$97$69
41 years$707$439$263$154$88$62
42 years$682$419$247$142$79$56
43 years$659$399$232$131$72$50
44 years$637$380$218$121$65$45
45 years$616$362$204$112$59$40
46 years$595$346$192$103$54$36
47 years$576$330$180$95$49$33
48 years$558$315$169$88$45$29
49 years$540$301$159$81$40$26
50 years$523$287$150$75$37$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $536,000, adding $4,645 every year, while hoping to spend $42,103 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: 58/18/24 Blend
68$536,000$536,000$536,000$536,000
69$595,463$567,055$558,747$625,895
70$611,403$550,044$532,668$630,172
71$627,558$530,788$504,304$629,934
72$643,905$509,132$473,534$628,772
73$660,418$484,914$440,232$626,607
74$677,067$457,961$404,266$623,356
75$693,816$428,090$365,497$618,926
76$710,626$395,107$323,782$613,220
77$727,450$358,808$278,970$606,134
78$744,238$318,977$230,903$597,554
79$760,929$275,386$179,417$587,359
80$777,458$227,794$124,342$575,417
81$793,748$175,945$65,496$561,590
82$809,715$119,571$2,695$545,724
83$825,263$58,387$0$527,658
84$840,286$0$0$523,688
85$854,662$0$0$520,526
86$868,257$0$0$528,405
87$880,922$0$0$535,663
88$892,487$0$0$542,193
89$902,767$0$0$547,873
90$911,551$0$0$552,569
91$918,607$0$0$556,132
92$923,676$0$0$558,396
93$926,470$0$0$559,174
94$926,670$0$0$558,263
95$923,919$0$0$555,433
96$917,824$0$0$550,432
97$907,947$0$0$542,978
98$893,802$0$0$532,761
99$874,852$0$0$519,435
100$850,499$0$0$502,619