Can I retire at age 69 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$44,510$44,114$43,727$43,349$42,981$41,390
2 years$22,035$21,624$21,227$20,841$20,467$18,882
3 years$14,544$14,132$13,735$13,353$12,985$11,456
4 years$10,799$10,388$9,996$9,620$9,261$7,800
5 years$8,553$8,145$7,757$7,389$7,040$5,650
6 years$7,056$6,651$6,269$5,909$5,571$4,253
7 years$5,987$5,585$5,209$4,858$4,530$3,285
8 years$5,186$4,788$4,418$4,075$3,758$2,584
9 years$4,563$4,168$3,805$3,471$3,165$2,060
10 years$4,065$3,674$3,317$2,992$2,697$1,659
11 years$3,658$3,271$2,921$2,604$2,319$1,346
12 years$3,319$2,936$2,592$2,284$2,010$1,099
13 years$3,032$2,653$2,316$2,017$1,753$902
14 years$2,786$2,412$2,081$1,790$1,536$743
15 years$2,574$2,203$1,879$1,597$1,353$614
16 years$2,388$2,021$1,703$1,430$1,196$509
17 years$2,224$1,862$1,550$1,284$1,060$423
18 years$2,079$1,720$1,415$1,158$943$352
19 years$1,949$1,594$1,295$1,046$840$293
20 years$1,832$1,481$1,189$947$750$244
21 years$1,726$1,380$1,093$860$672$204
22 years$1,630$1,288$1,008$782$602$170
23 years$1,543$1,205$930$712$540$142
24 years$1,463$1,129$861$649$486$119
25 years$1,390$1,059$797$593$437$100
26 years$1,322$996$739$542$394$83
27 years$1,259$937$686$496$355$70
28 years$1,201$883$638$455$320$59
29 years$1,147$833$594$417$289$49
30 years$1,097$787$553$383$261$41
31 years$1,050$744$516$351$236$34
32 years$1,006$704$481$323$214$29
33 years$965$666$449$297$193$24
34 years$927$631$420$273$175$20
35 years$890$599$392$252$159$17
36 years$856$568$367$232$144$14
37 years$824$540$344$213$130$12
38 years$793$513$322$197$118$10
39 years$764$488$301$181$107$8
40 years$737$464$283$167$97$7
41 years$711$442$265$154$88$6
42 years$686$421$249$142$80$5
43 years$663$401$233$132$73$4
44 years$640$382$219$121$66$4
45 years$619$364$206$112$60$3
46 years$599$348$193$104$54$2
47 years$579$332$181$96$49$2
48 years$561$317$170$88$45$2
49 years$543$302$160$82$41$1
50 years$526$289$151$76$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $539,000, adding $4,892 every year, while hoping to spend $51,126 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: 45/31/24 Blend
68$539,000$539,000$539,000$539,000
69$599,024$570,457$562,103$621,638
70$605,727$544,012$526,535$611,650
71$611,400$514,557$488,063$595,460
72$615,884$481,892$446,535$576,883
73$619,002$445,803$401,792$555,721
74$620,558$406,064$353,669$531,764
75$620,333$362,439$301,995$504,783
76$618,083$314,676$246,588$474,530
77$613,540$262,507$187,262$440,740
78$606,405$205,654$123,819$403,124
79$596,346$143,819$56,054$361,371
80$582,996$76,688$0$315,144
81$565,947$3,932$0$268,243
82$544,750$0$0$231,697
83$518,904$0$0$216,285
84$487,857$0$0$199,596
85$450,998$0$0$179,985
86$407,651$0$0$157,114
87$357,069$0$0$130,611
88$298,423$0$0$100,065
89$230,802$0$0$65,022
90$153,194$0$0$24,979
91$64,483$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0