Can I retire at age 70 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$825,791$818,435$811,258$804,254$797,414$774,683
2 years$408,807$401,194$393,815$386,660$379,721$356,997
3 years$269,831$262,184$254,824$247,737$240,911$218,905
4 years$200,356$192,733$185,447$178,481$171,819$150,701
5 years$158,683$151,105$143,914$137,090$130,614$110,442
6 years$130,909$123,389$116,304$109,632$103,351$84,142
7 years$111,079$103,622$96,649$90,135$84,052$65,807
8 years$96,213$88,823$81,966$75,612$69,729$52,438
9 years$84,656$77,336$70,598$64,404$58,722$42,368
10 years$75,417$68,168$61,549$55,517$50,034$34,595
11 years$67,862$60,686$54,186$48,317$43,031$28,481
12 years$61,571$54,469$48,089$42,380$37,290$23,601
13 years$56,251$49,224$42,964$37,415$32,517$19,660
14 years$51,696$44,743$38,604$33,213$28,505$16,447
15 years$47,752$40,874$34,854$29,620$25,098$13,806
16 years$44,304$37,501$31,600$26,522$22,181$11,623
17 years$41,265$34,537$28,755$23,830$19,668$9,809
18 years$38,566$31,914$26,250$21,475$17,487$8,294
19 years$36,155$29,577$24,030$19,405$15,587$7,024
20 years$33,987$27,484$22,054$17,575$13,923$5,958
21 years$32,028$25,601$20,285$15,950$12,459$5,059
22 years$30,250$23,897$18,696$14,502$11,168$4,300
23 years$28,629$22,351$17,262$13,208$10,025$3,658
24 years$27,145$20,941$15,965$12,046$9,011$3,114
25 years$25,782$19,652$14,787$11,001$8,108$2,652
26 years$24,525$18,470$13,714$10,059$7,304$2,260
27 years$23,364$17,382$12,734$9,207$6,585$1,927
28 years$22,288$16,379$11,838$8,436$5,942$1,643
29 years$21,288$15,452$11,017$7,736$5,365$1,402
30 years$20,356$14,593$10,262$7,099$4,848$1,197
31 years$19,486$13,795$9,567$6,520$4,383$1,021
32 years$18,672$13,053$8,926$5,992$3,965$872
33 years$17,909$12,361$8,334$5,510$3,588$745
34 years$17,192$11,716$7,787$5,070$3,248$636
35 years$16,518$11,112$7,280$4,667$2,942$543
36 years$15,882$10,547$6,810$4,298$2,666$464
37 years$15,283$10,017$6,374$3,960$2,416$396
38 years$14,716$9,520$5,969$3,650$2,190$339
39 years$14,180$9,053$5,593$3,366$1,986$289
40 years$13,672$8,613$5,242$3,105$1,802$247
41 years$13,189$8,199$4,915$2,864$1,635$211
42 years$12,731$7,808$4,611$2,643$1,483$180
43 years$12,296$7,439$4,327$2,440$1,346$154
44 years$11,881$7,091$4,061$2,253$1,222$132
45 years$11,486$6,762$3,813$2,081$1,109$113
46 years$11,110$6,451$3,582$1,922$1,007$96
47 years$10,750$6,156$3,365$1,776$914$82
48 years$10,406$5,877$3,162$1,641$830$70
49 years$10,078$5,612$2,972$1,516$754$60
50 years$9,763$5,361$2,794$1,402$685$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $10,000,000, adding $3,461 every year, while hoping to spend $48,830 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: 41/47/12 Blend
69$10,000,000$10,000,000$10,000,000$10,000,000
70$11,023,570$10,493,570$10,338,570$11,436,258
71$12,096,019$10,955,800$10,632,957$12,189,039
72$13,276,222$11,439,043$10,935,570$12,998,174
73$14,575,117$11,944,277$11,246,632$13,872,831
74$16,004,759$12,472,526$11,566,374$14,818,988
75$17,578,427$13,024,862$11,895,030$15,843,205
76$19,310,757$13,602,411$12,232,844$16,952,679
77$21,217,873$14,206,348$12,580,064$18,155,305
78$23,317,544$14,837,908$12,936,944$19,459,752
79$25,629,349$15,498,380$13,303,746$20,875,535
80$28,174,859$16,189,117$13,680,739$22,413,101
81$30,977,849$16,911,538$14,068,197$24,083,924
82$34,064,511$17,667,125$14,466,404$25,900,606
83$37,463,711$18,457,434$14,875,648$27,876,992
84$41,207,255$19,284,094$15,296,228$30,028,292
85$45,330,192$20,148,811$15,728,448$32,371,221
86$49,871,141$21,053,373$16,172,621$34,924,149
87$54,872,661$21,999,652$16,629,068$37,707,268
88$60,381,649$22,989,610$17,098,117$40,742,775
89$66,449,780$24,025,304$17,580,107$44,055,073
90$73,134,000$25,108,887$18,075,384$47,670,998
91$80,497,061$26,242,615$18,584,302$51,620,057
92$88,608,111$27,428,853$19,107,225$55,934,705
93$97,543,349$28,670,078$19,644,528$60,650,638
94$107,386,743$29,968,884$20,196,592$65,807,121
95$118,230,824$31,327,992$20,763,811$71,447,351
96$130,177,556$32,750,252$21,346,587$77,618,853
97$143,339,301$34,238,648$21,945,332$84,373,918
98$157,839,878$35,796,311$22,560,469$91,770,085
99$173,815,733$37,426,518$23,192,432$99,870,673
100$191,417,226$39,132,705$23,841,666$108,745,368