Can I retire at age 69 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$66,889$66,293$65,712$65,145$64,591$63,916
2 years$33,113$32,497$31,899$31,319$30,757$30,078
3 years$21,856$21,237$20,641$20,067$19,514$18,851
4 years$16,229$15,611$15,021$14,457$13,917$13,276
5 years$12,853$12,240$11,657$11,104$10,580$9,962
6 years$10,604$9,994$9,421$8,880$8,371$7,777
7 years$8,997$8,393$7,829$7,301$6,808$6,238
8 years$7,793$7,195$6,639$6,125$5,648$5,103
9 years$6,857$6,264$5,718$5,217$4,756$4,235
10 years$6,109$5,522$4,985$4,497$4,053$3,555
11 years$5,497$4,916$4,389$3,914$3,486$3,011
12 years$4,987$4,412$3,895$3,433$3,020$2,569
13 years$4,556$3,987$3,480$3,031$2,634$2,205
14 years$4,187$3,624$3,127$2,690$2,309$1,902
15 years$3,868$3,311$2,823$2,399$2,033$1,647
16 years$3,589$3,038$2,560$2,148$1,797$1,431
17 years$3,342$2,797$2,329$1,930$1,593$1,247
18 years$3,124$2,585$2,126$1,739$1,416$1,090
19 years$2,929$2,396$1,946$1,572$1,263$954
20 years$2,753$2,226$1,786$1,424$1,128$837
21 years$2,594$2,074$1,643$1,292$1,009$735
22 years$2,450$1,936$1,514$1,175$905$647
23 years$2,319$1,810$1,398$1,070$812$570
24 years$2,199$1,696$1,293$976$730$503
25 years$2,088$1,592$1,198$891$657$444
26 years$1,987$1,496$1,111$815$592$392
27 years$1,892$1,408$1,031$746$533$347
28 years$1,805$1,327$959$683$481$307
29 years$1,724$1,252$892$627$435$271
30 years$1,649$1,182$831$575$393$240
31 years$1,578$1,117$775$528$355$213
32 years$1,512$1,057$723$485$321$189
33 years$1,451$1,001$675$446$291$167
34 years$1,393$949$631$411$263$148
35 years$1,338$900$590$378$238$132
36 years$1,286$854$552$348$216$117
37 years$1,238$811$516$321$196$104
38 years$1,192$771$484$296$177$92
39 years$1,149$733$453$273$161$82
40 years$1,107$698$425$251$146$73
41 years$1,068$664$398$232$132$64
42 years$1,031$632$373$214$120$57
43 years$996$603$350$198$109$51
44 years$962$574$329$183$99$45
45 years$930$548$309$169$90$40
46 years$900$523$290$156$82$36
47 years$871$499$273$144$74$32
48 years$843$476$256$133$67$28
49 years$816$455$241$123$61$25
50 years$791$434$226$114$55$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $810,000, adding $2,752 every year, while hoping to spend $20,052 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: 45/48/7 Blend
68$810,000$810,000$810,000$810,000
69$895,459$852,529$839,974$933,887
70$965,460$872,967$846,778$981,120
71$1,041,930$893,736$853,137$1,030,006
72$1,125,506$914,828$859,017$1,082,548
73$1,216,893$936,239$864,379$1,139,086
74$1,316,862$957,962$869,182$1,199,999
75$1,426,269$979,988$873,386$1,265,703
76$1,546,049$1,002,309$876,946$1,336,655
77$1,677,238$1,024,914$879,815$1,413,359
78$1,820,973$1,047,791$881,946$1,496,371
79$1,978,508$1,070,928$883,286$1,586,301
80$2,151,222$1,094,311$883,783$1,683,824
81$2,340,638$1,117,923$883,381$1,789,680
82$2,548,428$1,141,746$882,019$1,904,689
83$2,776,438$1,165,762$879,637$2,029,749
84$3,026,699$1,189,949$876,169$2,165,853
85$3,301,449$1,214,283$871,548$2,314,095
86$3,603,154$1,238,740$865,702$2,475,678
87$3,934,529$1,263,291$858,555$2,651,931
88$4,298,565$1,287,906$850,031$2,844,316
89$4,698,558$1,312,554$840,047$3,054,445
90$5,138,139$1,337,197$828,517$3,284,095
91$5,621,308$1,361,798$815,351$3,535,223
92$6,152,471$1,386,316$800,455$3,809,987
93$6,736,483$1,410,706$783,730$4,110,764
94$7,378,693$1,434,919$765,074$4,440,176
95$8,084,994$1,458,903$744,377$4,801,112
96$8,861,877$1,482,604$721,528$5,196,754
97$9,716,498$1,505,961$696,409$5,630,612
98$10,656,738$1,528,910$668,895$6,106,553
99$11,691,280$1,551,381$638,858$6,628,839
100$12,829,693$1,573,302$606,163$7,202,169