Can I retire at age 70 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$916,628$908,463$900,497$892,722$885,130$865,490
2 years$453,776$445,325$437,134$429,193$421,490$401,806
3 years$299,512$291,025$282,855$274,988$267,411$248,296
4 years$222,396$213,934$205,846$198,114$190,720$172,322
5 years$176,138$167,727$159,745$152,170$144,982$127,353
6 years$145,309$136,962$129,098$121,692$114,719$97,878
7 years$123,297$115,020$107,281$100,049$93,298$77,246
8 years$106,796$98,593$90,983$83,929$77,399$62,132
9 years$93,968$85,843$78,363$71,489$65,181$50,688
10 years$83,712$75,667$68,319$61,624$55,538$41,802
11 years$75,327$67,362$60,147$53,631$47,764$34,768
12 years$68,343$60,460$53,379$47,042$41,392$29,115
13 years$62,439$54,638$47,690$41,531$36,094$24,515
14 years$57,383$49,665$42,850$36,867$31,640$20,735
15 years$53,004$45,370$38,688$32,879$27,858$17,602
16 years$49,177$41,626$35,076$29,439$24,621$14,989
17 years$45,804$38,336$31,918$26,451$21,831$12,797
18 years$42,808$35,424$29,137$23,838$19,411$10,949
19 years$40,132$32,831$26,673$21,539$17,302$9,385
20 years$37,725$30,508$24,480$19,508$15,454$8,057
21 years$35,551$28,417$22,517$17,705$13,830$6,926
22 years$33,577$26,526$20,752$16,098$12,396$5,960
23 years$31,778$24,809$19,161$14,660$11,128$5,134
24 years$30,131$23,245$17,721$13,371$10,002$4,426
25 years$28,618$21,814$16,413$12,211$9,000$3,819
26 years$27,223$20,502$15,222$11,165$8,107$3,296
27 years$25,934$19,294$14,135$10,220$7,309$2,847
28 years$24,739$18,181$13,141$9,364$6,595$2,460
29 years$23,629$17,152$12,228$8,587$5,955$2,127
30 years$22,595$16,198$11,390$7,880$5,381$1,839
31 years$21,629$15,312$10,619$7,238$4,865$1,591
32 years$20,726$14,489$9,908$6,652$4,401$1,376
33 years$19,878$13,721$9,251$6,117$3,983$1,191
34 years$19,083$13,004$8,643$5,628$3,606$1,031
35 years$18,335$12,334$8,081$5,181$3,266$892
36 years$17,629$11,707$7,560$4,771$2,959$772
37 years$16,964$11,119$7,076$4,396$2,682$669
38 years$16,335$10,567$6,626$4,052$2,431$579
39 years$15,740$10,048$6,208$3,736$2,205$502
40 years$15,175$9,560$5,819$3,446$2,000$434
41 years$14,640$9,100$5,456$3,179$1,814$376
42 years$14,132$8,667$5,118$2,934$1,646$326
43 years$13,649$8,258$4,802$2,709$1,494$282
44 years$13,188$7,871$4,508$2,501$1,356$245
45 years$12,750$7,506$4,233$2,310$1,231$212
46 years$12,332$7,161$3,976$2,134$1,118$184
47 years$11,933$6,833$3,735$1,971$1,015$159
48 years$11,551$6,523$3,510$1,821$922$138
49 years$11,186$6,229$3,299$1,683$837$119
50 years$10,837$5,951$3,102$1,556$760$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $11,100,000, adding $4,468 every year, while hoping to spend $41,773 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: 80/7/13 Blend
69$11,100,000$11,100,000$11,100,000$11,100,000
70$12,236,809$11,648,509$11,476,459$13,184,828
71$13,440,517$12,174,840$11,816,474$14,334,734
72$14,765,604$12,725,560$12,166,480$15,590,519
73$16,224,405$13,301,823$12,526,766$16,967,449
74$17,830,514$13,904,832$12,897,633$18,477,635
75$19,598,910$14,535,852$13,279,387$20,134,416
76$21,546,097$15,196,207$13,672,345$21,952,484
77$23,690,263$15,887,285$14,076,832$23,948,017
78$26,051,447$16,610,539$14,493,183$26,138,835
79$28,651,732$17,367,493$14,921,743$28,544,564
80$31,515,452$18,159,744$15,362,864$31,186,822
81$34,669,420$18,988,964$15,816,913$34,089,419
82$38,143,185$19,856,906$16,284,263$37,278,584
83$41,969,304$20,765,409$16,765,299$40,783,208
84$46,183,655$21,716,396$17,260,420$44,635,115
85$50,825,776$22,711,887$17,770,031$48,869,363
86$55,939,231$23,753,996$18,294,554$53,524,573
87$61,572,029$24,844,939$18,834,418$58,643,289
88$67,777,074$25,987,038$19,390,068$64,272,380
89$74,612,660$27,182,728$19,961,961$70,463,481
90$82,143,030$28,434,560$20,550,565$77,273,478
91$90,438,974$29,745,208$21,156,363$84,765,040
92$99,578,500$31,117,474$21,779,853$93,007,214
93$109,647,573$32,554,296$22,421,543$102,076,069
94$120,740,922$34,058,753$23,081,961$112,055,415
95$132,962,934$35,634,071$23,761,646$123,037,592
96$146,428,645$37,283,632$24,461,152$135,124,335
97$161,264,819$39,010,981$25,181,053$148,427,739
98$177,611,146$40,819,835$25,921,934$163,071,307
99$195,621,564$42,714,089$26,684,400$179,191,117
100$215,465,709$44,697,824$27,469,072$196,937,103