Can I retire at age 69 with 727,000?

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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$60,035$59,500$58,978$58,469$57,972$56,663
2 years$29,720$29,167$28,630$28,110$27,606$26,294
3 years$19,617$19,061$18,526$18,010$17,514$16,240
4 years$14,566$14,012$13,482$12,976$12,491$11,265
5 years$11,536$10,985$10,463$9,966$9,496$8,321
6 years$9,517$8,970$8,455$7,970$7,514$6,392
7 years$8,075$7,533$7,026$6,553$6,111$5,042
8 years$6,995$6,457$5,959$5,497$5,069$4,053
9 years$6,155$5,622$5,132$4,682$4,269$3,304
10 years$5,483$4,956$4,475$4,036$3,637$2,723
11 years$4,934$4,412$3,939$3,513$3,128$2,264
12 years$4,476$3,960$3,496$3,081$2,711$1,894
13 years$4,089$3,579$3,124$2,720$2,364$1,594
14 years$3,758$3,253$2,806$2,415$2,072$1,347
15 years$3,472$2,972$2,534$2,153$1,825$1,143
16 years$3,221$2,726$2,297$1,928$1,613$973
17 years$3,000$2,511$2,090$1,732$1,430$830
18 years$2,804$2,320$1,908$1,561$1,271$709
19 years$2,628$2,150$1,747$1,411$1,133$608
20 years$2,471$1,998$1,603$1,278$1,012$521
21 years$2,328$1,861$1,475$1,160$906$448
22 years$2,199$1,737$1,359$1,054$812$385
23 years$2,081$1,625$1,255$960$729$331
24 years$1,973$1,522$1,161$876$655$285
25 years$1,874$1,429$1,075$800$589$246
26 years$1,783$1,343$997$731$531$212
27 years$1,699$1,264$926$669$479$183
28 years$1,620$1,191$861$613$432$158
29 years$1,548$1,123$801$562$390$137
30 years$1,480$1,061$746$516$352$118
31 years$1,417$1,003$695$474$319$102
32 years$1,357$949$649$436$288$88
33 years$1,302$899$606$401$261$76
34 years$1,250$852$566$369$236$66
35 years$1,201$808$529$339$214$57
36 years$1,155$767$495$312$194$49
37 years$1,111$728$463$288$176$43
38 years$1,070$692$434$265$159$37
39 years$1,031$658$407$245$144$32
40 years$994$626$381$226$131$28
41 years$959$596$357$208$119$24
42 years$926$568$335$192$108$21
43 years$894$541$315$177$98$18
44 years$864$516$295$164$89$16
45 years$835$492$277$151$81$13
46 years$808$469$260$140$73$12
47 years$782$448$245$129$66$10
48 years$757$427$230$119$60$9
49 years$733$408$216$110$55$8
50 years$710$390$203$102$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $727,000, adding $6,978 every year, while hoping to spend $23,255 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: 58/35/7 Blend
68$727,000$727,000$727,000$727,000
69$808,352$769,821$758,552$853,617
70$866,061$782,799$759,221$897,828
71$928,876$795,633$759,132$942,744
72$997,295$808,293$758,236$991,121
73$1,071,863$820,744$756,482$1,043,292
74$1,153,182$832,949$753,812$1,099,623
75$1,241,913$844,870$750,172$1,160,519
76$1,338,785$856,465$745,499$1,226,426
77$1,444,598$867,689$739,730$1,297,835
78$1,560,236$878,495$732,800$1,375,289
79$1,686,671$888,831$724,639$1,459,384
80$1,824,971$898,644$715,175$1,550,779
81$1,976,315$907,874$704,330$1,650,200
82$2,142,000$916,461$692,026$1,758,447
83$2,323,454$924,337$678,179$1,876,405
84$2,522,249$931,433$662,701$2,005,044
85$2,740,119$937,674$645,502$2,145,439
86$2,978,970$942,979$626,485$2,298,773
87$3,240,904$947,264$605,552$2,466,350
88$3,528,235$950,438$582,596$2,649,609
89$3,843,511$952,406$557,509$2,850,136
90$4,189,541$953,066$530,177$3,069,680
91$4,569,416$952,308$500,480$3,310,168
92$4,986,544$950,018$468,294$3,573,728
93$5,444,676$946,074$433,487$3,862,703
94$5,947,948$940,346$395,923$4,179,678
95$6,500,913$932,697$355,460$4,527,505
96$7,108,587$922,981$311,950$4,909,324
97$7,776,499$911,043$265,236$5,328,601
98$8,510,737$896,719$215,156$5,789,156
99$9,318,010$879,836$161,542$6,295,202
100$10,205,708$860,210$104,215$6,851,381