Can I retire at age 70 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$842,306$834,804$827,484$820,339$813,362$789,541
2 years$416,983$409,217$401,691$394,394$387,315$363,509
3 years$275,228$267,428$259,921$252,692$245,729$222,683
4 years$204,364$196,588$189,156$182,050$175,256$153,148
5 years$161,856$154,127$146,793$139,832$133,227$112,116
6 years$133,527$125,857$118,630$111,825$105,418$85,324
7 years$113,300$105,694$98,582$91,937$85,733$66,656
8 years$98,137$90,599$83,606$77,124$71,124$53,052
9 years$86,349$78,883$72,009$65,692$59,896$42,812
10 years$76,925$69,532$62,779$56,628$51,035$34,914
11 years$69,219$61,900$55,270$49,283$43,892$28,707
12 years$62,802$55,558$49,051$43,228$38,036$23,757
13 years$57,377$50,208$43,824$38,164$33,168$19,763
14 years$52,730$45,638$39,376$33,877$29,075$16,510
15 years$48,707$41,691$35,551$30,213$25,600$13,840
16 years$45,190$38,251$32,232$27,052$22,625$11,635
17 years$42,090$35,227$29,330$24,306$20,061$9,804
18 years$39,337$32,552$26,775$21,905$17,837$8,278
19 years$36,878$30,169$24,511$19,793$15,899$7,000
20 years$34,667$28,034$22,495$17,926$14,201$5,928
21 years$32,669$26,113$20,691$16,269$12,708$5,026
22 years$30,855$24,375$19,070$14,792$11,391$4,265
23 years$29,201$22,798$17,608$13,472$10,225$3,622
24 years$27,688$21,360$16,284$12,287$9,191$3,079
25 years$26,297$20,045$15,082$11,221$8,270$2,618
26 years$25,016$18,839$13,988$10,260$7,450$2,228
27 years$23,831$17,730$12,989$9,391$6,716$1,896
28 years$22,734$16,707$12,075$8,604$6,060$1,615
29 years$21,713$15,761$11,237$7,890$5,472$1,375
30 years$20,763$14,885$10,467$7,241$4,945$1,172
31 years$19,875$14,071$9,758$6,651$4,470$998
32 years$19,045$13,314$9,104$6,112$4,044$851
33 years$18,267$12,609$8,501$5,621$3,660$725
34 years$17,536$11,950$7,943$5,172$3,313$618
35 years$16,848$11,334$7,426$4,761$3,001$527
36 years$16,200$10,758$6,947$4,384$2,719$450
37 years$15,588$10,218$6,502$4,040$2,464$384
38 years$15,010$9,710$6,089$3,723$2,234$327
39 years$14,463$9,234$5,704$3,433$2,026$279
40 years$13,945$8,785$5,347$3,167$1,838$238
41 years$13,453$8,363$5,014$2,922$1,667$203
42 years$12,986$7,964$4,703$2,696$1,513$173
43 years$12,542$7,588$4,413$2,489$1,373$148
44 years$12,119$7,233$4,142$2,298$1,246$126
45 years$11,716$6,898$3,890$2,122$1,131$108
46 years$11,332$6,580$3,653$1,961$1,027$92
47 years$10,965$6,279$3,432$1,811$933$78
48 years$10,615$5,994$3,225$1,674$847$67
49 years$10,279$5,724$3,032$1,547$769$57
50 years$9,959$5,468$2,850$1,430$699$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $10,200,000, adding $5,633 every year, while hoping to spend $46,485 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: 66/24/10 Blend
69$10,200,000$10,200,000$10,200,000$10,200,000
70$11,246,210$10,705,610$10,547,510$11,964,445
71$12,343,864$11,180,726$10,851,392$12,918,367
72$13,551,921$11,677,564$11,163,896$13,954,520
73$14,881,592$12,197,139$11,485,262$15,085,771
74$16,345,232$12,740,517$11,815,736$16,321,397
75$17,956,453$13,308,810$12,155,571$17,671,607
76$19,730,255$13,903,186$12,505,026$19,147,631
77$21,683,166$14,524,866$12,864,370$20,761,824
78$23,833,397$15,175,133$13,233,874$22,527,784
79$26,201,016$15,855,327$13,613,821$24,460,473
80$28,808,135$16,566,853$14,004,500$26,576,358
81$31,679,121$17,311,185$14,406,206$28,893,563
82$34,840,823$18,089,864$14,819,246$31,432,035
83$38,322,827$18,904,508$15,243,930$34,213,732
84$42,157,734$19,756,808$15,680,582$37,262,827
85$46,381,471$20,648,540$16,129,529$40,605,929
86$51,033,624$21,581,561$16,591,111$44,272,333
87$56,157,816$22,557,820$17,065,675$48,294,293
88$61,802,116$23,579,356$17,553,579$52,707,324
89$68,019,496$24,648,308$18,055,187$57,550,526
90$74,868,325$25,766,916$18,570,876$62,866,958
91$82,412,926$26,937,527$19,101,033$68,704,034
92$90,724,180$28,162,601$19,646,053$75,113,966
93$99,880,193$29,444,715$20,206,342$82,154,255
94$109,967,037$30,786,571$20,782,320$89,888,225
95$121,079,560$32,190,998$21,374,412$98,385,619
96$133,322,281$33,660,962$21,983,061$107,723,247
97$146,810,376$35,199,572$22,608,716$117,985,709
98$161,670,768$36,810,084$23,251,841$129,266,186
99$178,043,319$38,495,912$23,912,911$141,667,313
100$196,082,159$40,260,632$24,592,414$155,302,140