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%13.3%
1 years$842,306$834,804$827,484$820,339$813,362$802,201
2 years$416,983$409,217$401,691$394,394$387,315$376,091
3 years$275,228$267,428$259,921$252,692$245,729$234,789
4 years$204,364$196,588$189,156$182,050$175,256$164,686
5 years$161,856$154,127$146,793$139,832$133,227$123,057
6 years$133,527$125,857$118,630$111,825$105,418$95,660
7 years$113,300$105,694$98,582$91,937$85,733$76,390
8 years$98,137$90,599$83,606$77,124$71,124$62,196
9 years$86,349$78,883$72,009$65,692$59,896$51,379
10 years$76,925$69,532$62,779$56,628$51,035$42,921
11 years$69,219$61,900$55,270$49,283$43,892$36,175
12 years$62,802$55,558$49,051$43,228$38,036$30,706
13 years$57,377$50,208$43,824$38,164$33,168$26,216
14 years$52,730$45,638$39,376$33,877$29,075$22,490
15 years$48,707$41,691$35,551$30,213$25,600$19,370
16 years$45,190$38,251$32,232$27,052$22,625$16,740
17 years$42,090$35,227$29,330$24,306$20,061$14,508
18 years$39,337$32,552$26,775$21,905$17,837$12,603
19 years$36,878$30,169$24,511$19,793$15,899$10,972
20 years$34,667$28,034$22,495$17,926$14,201$9,568
21 years$32,669$26,113$20,691$16,269$12,708$8,357
22 years$30,855$24,375$19,070$14,792$11,391$7,309
23 years$29,201$22,798$17,608$13,472$10,225$6,399
24 years$27,688$21,360$16,284$12,287$9,191$5,609
25 years$26,297$20,045$15,082$11,221$8,270$4,920
26 years$25,016$18,839$13,988$10,260$7,450$4,319
27 years$23,831$17,730$12,989$9,391$6,716$3,794
28 years$22,734$16,707$12,075$8,604$6,060$3,335
29 years$21,713$15,761$11,237$7,890$5,472$2,933
30 years$20,763$14,885$10,467$7,241$4,945$2,580
31 years$19,875$14,071$9,758$6,651$4,470$2,271
32 years$19,045$13,314$9,104$6,112$4,044$1,999
33 years$18,267$12,609$8,501$5,621$3,660$1,761
34 years$17,536$11,950$7,943$5,172$3,313$1,551
35 years$16,848$11,334$7,426$4,761$3,001$1,367
36 years$16,200$10,758$6,947$4,384$2,719$1,204
37 years$15,588$10,218$6,502$4,040$2,464$1,062
38 years$15,010$9,710$6,089$3,723$2,234$936
39 years$14,463$9,234$5,704$3,433$2,026$825
40 years$13,945$8,785$5,347$3,167$1,838$728
41 years$13,453$8,363$5,014$2,922$1,667$642
42 years$12,986$7,964$4,703$2,696$1,513$566
43 years$12,542$7,588$4,413$2,489$1,373$499
44 years$12,119$7,233$4,142$2,298$1,246$440
45 years$11,716$6,898$3,890$2,122$1,131$388
46 years$11,332$6,580$3,653$1,961$1,027$343
47 years$10,965$6,279$3,432$1,811$933$302
48 years$10,615$5,994$3,225$1,674$847$267
49 years$10,279$5,724$3,032$1,547$769$235
50 years$9,959$5,468$2,850$1,430$699$208

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 $4,663 every year, while hoping to spend $25,854 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: 78/9/13 Blend
69$10,200,000$10,200,000$10,200,000$10,200,000
70$11,245,210$10,704,610$10,546,510$12,093,106
71$12,364,713$11,201,627$10,872,310$13,148,937
72$13,597,539$11,722,132$11,208,157$14,302,965
73$14,955,219$12,267,248$11,554,361$15,568,030
74$16,450,460$12,838,152$11,911,242$16,955,209
75$18,097,265$13,436,080$12,279,127$18,476,698
76$19,911,064$14,062,325$12,658,355$20,145,929
77$21,908,858$14,718,244$13,049,275$21,977,689
78$24,109,383$15,405,260$13,452,247$23,988,267
79$26,533,285$16,124,863$13,867,643$26,195,600
80$29,203,315$16,878,616$14,295,843$28,619,441
81$32,144,542$17,668,157$14,737,243$31,281,548
82$35,384,592$18,495,204$15,192,248$34,205,884
83$38,953,909$19,361,557$15,661,277$37,418,843
84$42,886,040$20,269,105$16,144,761$40,949,496
85$47,217,950$21,219,826$16,643,145$44,829,866
86$51,990,378$22,215,794$17,156,887$49,095,225
87$57,248,214$23,259,185$17,686,460$53,784,429
88$63,040,925$24,352,279$18,232,350$58,940,280
89$69,423,025$25,497,467$18,795,060$64,609,928
90$76,454,585$26,697,254$19,375,106$70,845,314
91$84,201,803$27,954,269$19,973,021$77,703,657
92$92,737,625$29,271,266$20,589,356$85,247,996
93$102,142,438$30,651,134$21,224,675$93,547,776
94$112,504,829$32,096,902$21,879,564$102,679,506
95$123,922,415$33,611,743$22,554,623$112,727,477
96$136,502,771$35,198,988$23,250,472$123,784,551
97$150,364,441$36,862,126$23,967,750$135,953,041
98$165,638,061$38,604,818$24,707,117$149,345,671
99$182,467,589$40,430,899$25,469,251$164,086,633
100$201,011,663$42,344,393$26,254,851$180,312,762