Can I retire at age 69 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$63,999$63,429$62,873$62,330$61,800$59,702
2 years$31,683$31,093$30,521$29,966$29,428$27,336
3 years$20,912$20,319$19,749$19,200$18,671$16,649
4 years$15,528$14,937$14,372$13,832$13,316$11,381
5 years$12,298$11,711$11,153$10,624$10,123$8,279
6 years$10,145$9,563$9,014$8,496$8,010$6,260
7 years$8,609$8,031$7,490$6,985$6,514$4,857
8 years$7,456$6,884$6,352$5,860$5,404$3,838
9 years$6,561$5,994$5,471$4,991$4,551$3,075
10 years$5,845$5,283$4,770$4,303$3,878$2,489
11 years$5,259$4,703$4,199$3,745$3,335$2,030
12 years$4,772$4,221$3,727$3,284$2,890$1,667
13 years$4,359$3,815$3,330$2,900$2,520$1,376
14 years$4,006$3,468$2,992$2,574$2,209$1,140
15 years$3,701$3,168$2,701$2,296$1,945$947
16 years$3,434$2,906$2,449$2,055$1,719$789
17 years$3,198$2,677$2,229$1,847$1,524$659
18 years$2,989$2,473$2,034$1,664$1,355$552
19 years$2,802$2,292$1,862$1,504$1,208$462
20 years$2,634$2,130$1,709$1,362$1,079$388
21 years$2,482$1,984$1,572$1,236$966$326
22 years$2,344$1,852$1,449$1,124$866$274
23 years$2,219$1,732$1,338$1,024$777$231
24 years$2,104$1,623$1,237$934$698$194
25 years$1,998$1,523$1,146$853$628$163
26 years$1,901$1,431$1,063$780$566$138
27 years$1,811$1,347$987$714$510$116
28 years$1,727$1,269$917$654$460$98
29 years$1,650$1,198$854$600$416$83
30 years$1,578$1,131$795$550$376$70
31 years$1,510$1,069$741$505$340$59
32 years$1,447$1,012$692$464$307$50
33 years$1,388$958$646$427$278$42
34 years$1,332$908$603$393$252$35
35 years$1,280$861$564$362$228$30
36 years$1,231$817$528$333$207$25
37 years$1,184$776$494$307$187$21
38 years$1,140$738$463$283$170$18
39 years$1,099$702$433$261$154$15
40 years$1,060$667$406$241$140$13
41 years$1,022$635$381$222$127$11
42 years$987$605$357$205$115$9
43 years$953$577$335$189$104$8
44 years$921$550$315$175$95$7
45 years$890$524$296$161$86$5
46 years$861$500$278$149$78$5
47 years$833$477$261$138$71$4
48 years$807$455$245$127$64$3
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $775,000, adding $6,212 every year, while hoping to spend $49,839 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: 42/50/8 Blend
68$775,000$775,000$775,000$775,000
69$860,458$819,383$807,370$894,325
70$895,196$806,504$781,389$905,662
71$931,807$791,324$752,867$912,404
72$970,430$773,677$721,666$918,566
73$1,011,215$753,388$687,643$924,112
74$1,054,327$730,272$650,646$929,011
75$1,099,945$704,132$610,520$933,229
76$1,148,265$674,761$567,098$936,735
77$1,199,502$641,938$520,210$939,499
78$1,253,890$605,432$469,676$941,491
79$1,311,685$564,996$415,308$942,687
80$1,373,166$520,371$356,911$943,063
81$1,438,641$471,281$294,279$942,601
82$1,508,445$417,436$227,200$941,286
83$1,582,945$358,529$155,450$939,108
84$1,662,545$294,236$78,797$936,066
85$1,747,685$224,214$0$932,163
86$1,838,849$148,101$0$927,669
87$1,936,569$65,515$0$929,547
88$2,041,425$0$0$931,119
89$2,154,058$0$0$945,636
90$2,275,169$0$0$1,000,073
91$2,405,527$0$0$1,058,740
92$2,545,977$0$0$1,122,025
93$2,697,448$0$0$1,190,357
94$2,860,961$0$0$1,264,206
95$3,037,636$0$0$1,344,089
96$3,228,704$0$0$1,430,575
97$3,435,521$0$0$1,524,288
98$3,659,573$0$0$1,625,916
99$3,902,498$0$0$1,736,213
100$4,166,096$0$0$1,856,011