Can I retire at age 69 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$70,357$69,731$69,119$68,522$67,940$67,427
2 years$34,830$34,182$33,553$32,943$32,352$31,835
3 years$22,990$22,338$21,711$21,107$20,526$20,020
4 years$17,070$16,421$15,800$15,207$14,639$14,149
5 years$13,520$12,874$12,262$11,680$11,128$10,656
6 years$11,153$10,513$9,909$9,341$8,805$8,351
7 years$9,464$8,829$8,235$7,679$7,161$6,724
8 years$8,197$7,568$6,984$6,442$5,941$5,522
9 years$7,213$6,589$6,015$5,487$5,003$4,602
10 years$6,425$5,808$5,244$4,730$4,263$3,880
11 years$5,782$5,170$4,617$4,117$3,666$3,300
12 years$5,246$4,641$4,097$3,611$3,177$2,828
13 years$4,793$4,194$3,661$3,188$2,770$2,438
14 years$4,405$3,812$3,289$2,830$2,429$2,112
15 years$4,068$3,482$2,970$2,524$2,138$1,838
16 years$3,775$3,195$2,692$2,260$1,890$1,605
17 years$3,516$2,943$2,450$2,030$1,676$1,406
18 years$3,286$2,719$2,236$1,830$1,490$1,234
19 years$3,080$2,520$2,047$1,653$1,328$1,086
20 years$2,896$2,342$1,879$1,497$1,186$958
21 years$2,729$2,181$1,728$1,359$1,062$846
22 years$2,577$2,036$1,593$1,236$951$748
23 years$2,439$1,904$1,471$1,125$854$663
24 years$2,313$1,784$1,360$1,026$768$588
25 years$2,197$1,674$1,260$937$691$521
26 years$2,090$1,574$1,168$857$622$463
27 years$1,991$1,481$1,085$784$561$412
28 years$1,899$1,396$1,009$719$506$366
29 years$1,814$1,317$939$659$457$326
30 years$1,734$1,243$874$605$413$290
31 years$1,660$1,175$815$556$373$259
32 years$1,591$1,112$760$511$338$231
33 years$1,526$1,053$710$469$306$206
34 years$1,465$998$663$432$277$183
35 years$1,407$947$620$398$251$164
36 years$1,353$899$580$366$227$146
37 years$1,302$853$543$337$206$130
38 years$1,254$811$509$311$187$116
39 years$1,208$771$476$287$169$104
40 years$1,165$734$447$265$154$93
41 years$1,124$699$419$244$139$83
42 years$1,085$665$393$225$126$74
43 years$1,048$634$369$208$115$66
44 years$1,012$604$346$192$104$59
45 years$979$576$325$177$95$53
46 years$947$550$305$164$86$47
47 years$916$525$287$151$78$42
48 years$887$501$269$140$71$38
49 years$859$478$253$129$64$34
50 years$832$457$238$119$58$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 69 starting with $852,000, adding $5,067 every year, while hoping to spend $25,299 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: 29/43/28 Blend
68$852,000$852,000$852,000$852,000
69$944,131$898,975$885,769$963,236
70$1,013,514$916,106$888,524$995,864
71$1,089,127$933,230$890,524$1,028,382
72$1,171,577$950,318$891,716$1,062,836
73$1,261,535$967,340$892,045$1,099,413
74$1,359,739$984,267$891,456$1,138,317
75$1,466,999$1,001,063$889,886$1,179,775
76$1,584,209$1,017,692$887,274$1,224,038
77$1,712,354$1,034,114$883,553$1,271,382
78$1,852,516$1,050,287$878,654$1,322,116
79$2,005,888$1,066,167$872,504$1,376,579
80$2,173,783$1,081,703$865,027$1,435,146
81$2,357,646$1,096,844$856,144$1,498,234
82$2,559,072$1,111,535$845,770$1,566,302
83$2,779,812$1,125,716$833,819$1,639,858
84$3,021,799$1,139,322$820,198$1,719,464
85$3,287,160$1,152,286$804,811$1,805,741
86$3,578,237$1,164,535$787,560$1,899,378
87$3,897,612$1,175,991$768,337$2,001,132
88$4,248,126$1,186,573$747,034$2,111,844
89$4,632,911$1,196,191$723,536$2,232,441
90$5,055,415$1,204,751$697,722$2,363,948
91$5,519,438$1,212,155$669,466$2,507,498
92$6,029,165$1,218,295$638,638$2,664,343
93$6,589,207$1,223,058$605,099$2,835,865
94$7,204,643$1,226,325$568,706$3,023,592
95$7,881,068$1,227,966$529,310$3,229,211
96$8,624,647$1,227,847$486,752$3,454,585
97$9,442,172$1,225,823$440,870$3,701,773
98$10,341,127$1,221,741$391,491$3,973,048
99$11,329,753$1,215,438$338,438$4,270,919
100$12,417,135$1,206,742$281,523$4,598,157