Can I retire at age 69 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$62,099$61,546$61,007$60,480$59,966$58,972
2 years$30,742$30,170$29,615$29,077$28,555$27,557
3 years$20,291$19,716$19,163$18,630$18,116$17,145
4 years$15,067$14,494$13,946$13,422$12,921$11,983
5 years$11,933$11,363$10,822$10,309$9,822$8,922
6 years$9,844$9,279$8,746$8,244$7,772$6,909
7 years$8,353$7,792$7,268$6,778$6,321$5,496
8 years$7,235$6,679$6,164$5,686$5,244$4,457
9 years$6,366$5,816$5,309$4,843$4,416$3,666
10 years$5,671$5,126$4,628$4,175$3,763$3,050
11 years$5,103$4,564$4,075$3,633$3,236$2,559
12 years$4,630$4,096$3,616$3,187$2,804$2,162
13 years$4,230$3,702$3,231$2,814$2,445$1,838
14 years$3,888$3,365$2,903$2,498$2,144$1,569
15 years$3,591$3,074$2,621$2,227$1,887$1,345
16 years$3,332$2,820$2,376$1,994$1,668$1,157
17 years$3,103$2,597$2,162$1,792$1,479$998
18 years$2,900$2,400$1,974$1,615$1,315$862
19 years$2,719$2,224$1,807$1,459$1,172$747
20 years$2,556$2,067$1,658$1,322$1,047$648
21 years$2,409$1,925$1,525$1,199$937$563
22 years$2,275$1,797$1,406$1,091$840$490
23 years$2,153$1,681$1,298$993$754$426
24 years$2,041$1,575$1,201$906$678$372
25 years$1,939$1,478$1,112$827$610$324
26 years$1,844$1,389$1,031$756$549$283
27 years$1,757$1,307$958$692$495$247
28 years$1,676$1,232$890$634$447$216
29 years$1,601$1,162$828$582$403$189
30 years$1,531$1,097$772$534$365$165
31 years$1,465$1,037$719$490$330$145
32 years$1,404$982$671$451$298$127
33 years$1,347$930$627$414$270$111
34 years$1,293$881$586$381$244$97
35 years$1,242$836$547$351$221$85
36 years$1,194$793$512$323$200$74
37 years$1,149$753$479$298$182$65
38 years$1,107$716$449$275$165$57
39 years$1,066$681$421$253$149$50
40 years$1,028$648$394$233$135$44
41 years$992$617$370$215$123$39
42 years$957$587$347$199$112$34
43 years$925$559$325$184$101$30
44 years$893$533$305$169$92$26
45 years$864$509$287$156$83$23
46 years$835$485$269$145$76$20
47 years$808$463$253$134$69$18
48 years$783$442$238$123$62$15
49 years$758$422$224$114$57$13
50 years$734$403$210$105$52$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $752,000, adding $6,535 every year, while hoping to spend $23,522 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: 49/33/18 Blend
68$752,000$752,000$752,000$752,000
69$835,445$795,589$783,933$871,881
70$895,633$809,545$785,167$911,735
71$961,172$823,398$785,655$952,068
72$1,032,583$837,115$785,346$995,378
73$1,110,439$850,666$784,187$1,041,955
74$1,195,371$864,016$782,125$1,092,116
75$1,288,073$877,128$779,100$1,146,215
76$1,389,311$889,961$775,054$1,204,637
77$1,499,925$902,474$769,923$1,267,812
78$1,620,842$914,620$763,641$1,336,212
79$1,753,083$926,351$756,137$1,410,357
80$1,897,770$937,615$747,340$1,490,823
81$2,056,140$948,355$737,174$1,578,244
82$2,229,554$958,513$725,558$1,673,320
83$2,419,514$968,025$712,408$1,776,823
84$2,627,669$976,823$697,639$1,889,606
85$2,855,839$984,835$681,158$2,012,609
86$3,106,027$991,985$662,869$2,146,869
87$3,380,440$998,190$642,673$2,293,530
88$3,681,506$1,003,363$620,465$2,453,856
89$4,011,904$1,007,412$596,134$2,629,239
90$4,374,582$1,010,239$569,568$2,821,217
91$4,772,786$1,011,737$540,646$3,031,483
92$5,210,096$1,011,798$509,242$3,261,910
93$5,690,451$1,010,301$475,227$3,514,559
94$6,218,193$1,007,122$438,464$3,791,706
95$6,798,106$1,002,128$398,810$4,095,861
96$7,435,458$995,178$356,115$4,429,793
97$8,136,054$986,121$310,224$4,796,557
98$8,906,290$974,799$260,975$5,199,519
99$9,753,211$961,044$208,197$5,642,395
100$10,684,580$944,676$151,713$6,129,282