Can I retire at age 69 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$68,375$67,766$67,172$66,592$66,026$64,404
2 years$33,849$33,219$32,608$32,015$31,441$29,816
3 years$22,342$21,709$21,099$20,513$19,947$18,372
4 years$16,590$15,958$15,355$14,778$14,227$12,712
5 years$13,139$12,512$11,916$11,351$10,815$9,365
6 years$10,839$10,217$9,630$9,078$8,557$7,174
7 years$9,197$8,580$8,003$7,463$6,959$5,643
8 years$7,966$7,355$6,787$6,261$5,774$4,523
9 years$7,010$6,403$5,845$5,333$4,862$3,676
10 years$6,244$5,644$5,096$4,597$4,143$3,021
11 years$5,619$5,025$4,487$4,001$3,563$2,503
12 years$5,098$4,510$3,982$3,509$3,088$2,088
13 years$4,658$4,076$3,557$3,098$2,692$1,751
14 years$4,280$3,705$3,196$2,750$2,360$1,475
15 years$3,954$3,384$2,886$2,453$2,078$1,247
16 years$3,668$3,105$2,617$2,196$1,837$1,057
17 years$3,417$2,860$2,381$1,973$1,628$899
18 years$3,193$2,642$2,173$1,778$1,448$765
19 years$2,994$2,449$1,990$1,607$1,291$653
20 years$2,814$2,276$1,826$1,455$1,153$558
21 years$2,652$2,120$1,680$1,321$1,032$478
22 years$2,505$1,979$1,548$1,201$925$409
23 years$2,370$1,851$1,429$1,094$830$351
24 years$2,248$1,734$1,322$997$746$301
25 years$2,135$1,627$1,224$911$671$258
26 years$2,031$1,529$1,136$833$605$222
27 years$1,935$1,439$1,054$762$545$191
28 years$1,845$1,356$980$698$492$164
29 years$1,763$1,279$912$641$444$141
30 years$1,685$1,208$850$588$401$121
31 years$1,613$1,142$792$540$363$105
32 years$1,546$1,081$739$496$328$90
33 years$1,483$1,024$690$456$297$77
34 years$1,423$970$645$420$269$67
35 years$1,368$920$603$386$244$57
36 years$1,315$873$564$356$221$50
37 years$1,265$829$528$328$200$43
38 years$1,218$788$494$302$181$37
39 years$1,174$750$463$279$164$32
40 years$1,132$713$434$257$149$27
41 years$1,092$679$407$237$135$24
42 years$1,054$647$382$219$123$20
43 years$1,018$616$358$202$111$17
44 years$984$587$336$187$101$15
45 years$951$560$316$172$92$13
46 years$920$534$297$159$83$11
47 years$890$510$279$147$76$10
48 years$862$487$262$136$69$8
49 years$834$465$246$126$62$7
50 years$808$444$231$116$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $828,000, adding $6,393 every year, while hoping to spend $43,204 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: 74/19/7 Blend
68$828,000$828,000$828,000$828,000
69$919,050$875,166$862,332$985,707
70$966,825$872,081$845,252$1,027,396
71$1,018,024$867,396$826,151$1,066,959
72$1,072,952$860,988$804,917$1,109,068
73$1,131,942$852,725$781,430$1,153,962
74$1,195,360$842,469$755,568$1,201,901
75$1,263,607$830,070$727,200$1,253,175
76$1,337,125$815,373$696,191$1,308,101
77$1,416,397$798,212$662,399$1,367,033
78$1,501,956$778,411$625,675$1,430,358
79$1,594,386$755,783$585,866$1,498,505
80$1,694,330$730,133$542,809$1,571,946
81$1,802,493$701,251$496,335$1,651,205
82$1,919,652$668,917$446,267$1,736,857
83$2,046,661$632,899$392,421$1,829,538
84$2,184,458$592,948$334,604$1,929,952
85$2,334,074$548,804$272,615$2,038,873
86$2,496,645$500,191$206,243$2,157,157
87$2,673,421$446,818$135,270$2,285,749
88$2,865,774$388,376$59,466$2,425,691
89$3,075,217$324,541$0$2,578,134
90$3,303,412$254,967$0$2,745,948
91$3,552,191$179,291$0$2,933,779
92$3,823,568$97,130$0$3,138,748
93$4,119,761$8,078$0$3,362,580
94$4,443,211$0$0$3,607,183
95$4,796,604$0$0$3,893,117
96$5,182,899$0$0$4,207,552
97$5,605,353$0$0$4,551,457
98$6,067,551$0$0$4,927,753
99$6,573,444$0$0$5,339,662
100$7,127,378$0$0$5,790,727