Can I retire at age 70 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$834,049$826,619$819,371$812,296$805,388$778,362
2 years$412,895$405,206$397,753$390,527$383,518$356,556
3 years$272,529$264,806$257,372$250,214$243,320$217,268
4 years$202,360$194,661$187,301$180,265$173,538$148,597
5 years$160,269$152,616$145,353$138,461$131,921$108,156
6 years$132,218$124,623$117,467$110,728$104,384$81,815
7 years$112,190$104,658$97,616$91,036$84,892$63,516
8 years$97,175$89,711$82,786$76,368$70,426$50,226
9 years$85,503$78,110$71,303$65,048$59,309$40,260
10 years$76,171$68,850$62,164$56,072$50,534$32,607
11 years$68,540$61,293$54,728$48,800$43,461$26,620
12 years$62,186$55,013$48,570$42,804$37,663$21,870
13 years$56,814$49,716$43,394$37,789$32,843$18,058
14 years$52,213$45,190$38,990$33,545$28,790$14,971
15 years$48,229$41,282$35,202$29,917$25,349$12,453
16 years$44,747$37,876$31,916$26,787$22,403$10,386
17 years$41,677$34,882$29,042$24,068$19,864$8,681
18 years$38,952$32,233$26,512$21,690$17,662$7,270
19 years$36,516$29,873$24,270$19,599$15,743$6,097
20 years$34,327$27,759$22,274$17,750$14,062$5,120
21 years$32,348$25,857$20,488$16,110$12,584$4,304
22 years$30,552$24,136$18,883$14,647$11,280$3,621
23 years$28,915$22,574$17,435$13,340$10,125$3,049
24 years$27,416$21,151$16,124$12,167$9,101$2,569
25 years$26,039$19,849$14,934$11,111$8,189$2,166
26 years$24,771$18,655$13,851$10,159$7,377$1,826
27 years$23,598$17,556$12,862$9,299$6,651$1,541
28 years$22,511$16,543$11,957$8,520$6,001$1,300
29 years$21,500$15,607$11,127$7,813$5,419$1,098
30 years$20,559$14,739$10,364$7,170$4,896$927
31 years$19,680$13,933$9,662$6,586$4,427$783
32 years$18,858$13,183$9,015$6,052$4,004$661
33 years$18,088$12,485$8,417$5,566$3,624$558
34 years$17,364$11,833$7,865$5,121$3,281$472
35 years$16,683$11,223$7,353$4,714$2,972$398
36 years$16,041$10,653$6,878$4,341$2,692$337
37 years$15,436$10,117$6,438$4,000$2,440$284
38 years$14,863$9,615$6,029$3,687$2,212$240
39 years$14,322$9,143$5,649$3,400$2,006$203
40 years$13,808$8,699$5,294$3,136$1,820$172
41 years$13,321$8,281$4,964$2,893$1,651$145
42 years$12,859$7,886$4,657$2,670$1,498$123
43 years$12,419$7,514$4,370$2,465$1,360$104
44 years$12,000$7,162$4,102$2,276$1,234$88
45 years$11,601$6,830$3,851$2,102$1,120$74
46 years$11,221$6,515$3,617$1,941$1,017$63
47 years$10,858$6,218$3,398$1,794$924$53
48 years$10,511$5,936$3,194$1,657$839$45
49 years$10,179$5,668$3,002$1,532$762$38
50 years$9,861$5,415$2,822$1,416$692$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $10,100,000, adding $6,082 every year, while hoping to spend $57,783 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: 49/27/24 Blend
69$10,100,000$10,100,000$10,100,000$10,100,000
70$11,136,474$10,601,174$10,444,624$11,606,281
71$12,210,913$11,059,150$10,733,038$12,392,535
72$13,393,009$11,537,631$11,029,177$13,239,956
73$14,693,681$12,037,560$11,333,240$14,159,450
74$16,124,961$12,559,925$11,645,428$15,157,844
75$17,700,106$13,105,761$11,965,949$16,242,641
76$19,433,723$13,676,150$12,295,014$17,422,088
77$21,341,908$14,272,226$12,632,843$18,705,253
78$23,442,395$14,895,177$12,979,655$20,102,102
79$25,754,726$15,546,247$13,335,680$21,623,596
80$28,300,432$16,226,738$13,701,149$23,281,790
81$31,103,240$16,938,012$14,076,301$25,089,940
82$34,189,293$17,681,497$14,461,381$27,062,627
83$37,587,400$18,458,690$14,856,636$29,215,895
84$41,329,304$19,271,155$15,262,323$31,567,389
85$45,449,984$20,120,532$15,678,701$34,136,528
86$49,987,984$21,008,540$16,106,039$36,944,678
87$54,985,776$21,936,976$16,544,609$40,015,349
88$60,490,162$22,907,724$16,994,690$43,374,417
89$66,552,713$23,922,758$17,456,567$47,050,359
90$73,230,261$24,984,144$17,930,533$51,074,521
91$80,585,428$26,094,046$18,416,886$55,481,406
92$88,687,220$27,254,733$18,915,930$60,308,992
93$97,611,680$28,468,579$19,427,978$65,599,093
94$107,442,604$29,738,072$19,953,348$71,397,740
95$118,272,330$31,065,818$20,492,365$77,755,612
96$130,202,612$32,454,547$21,045,363$84,728,511
97$143,345,577$33,907,118$21,612,681$92,377,878
98$157,824,786$35,426,528$22,194,667$100,771,369
99$173,776,401$37,015,915$22,791,675$109,983,485
100$191,350,466$38,678,566$23,404,068$120,096,268