Can I retire at age 70 with 11,300,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$933,143$924,831$916,722$908,807$901,078$870,493
2 years$461,952$453,349$445,011$436,926$429,085$398,577
3 years$304,909$296,268$287,951$279,943$272,229$242,757
4 years$226,403$217,789$209,555$201,683$194,156$165,946
5 years$179,311$170,749$162,623$154,912$147,594$120,720
6 years$147,927$139,429$131,424$123,884$116,786$91,269
7 years$125,519$117,093$109,214$101,852$94,979$70,814
8 years$108,720$100,370$92,622$85,441$78,794$55,964
9 years$95,662$87,390$79,775$72,777$66,356$44,833
10 years$85,221$77,030$69,550$62,734$56,538$36,287
11 years$76,684$68,575$61,231$54,598$48,625$29,606
12 years$69,575$61,550$54,341$47,890$42,137$24,306
13 years$63,564$55,623$48,550$42,279$36,745$20,056
14 years$58,417$50,560$43,622$37,531$32,210$16,616
15 years$53,959$46,187$39,385$33,471$28,360$13,811
16 years$50,063$42,376$35,708$29,970$25,065$11,511
17 years$46,629$39,027$32,493$26,927$22,224$9,614
18 years$43,580$36,062$29,662$24,267$19,761$8,045
19 years$40,855$33,422$27,154$21,927$17,613$6,742
20 years$38,405$31,057$24,921$19,859$15,732$5,657
21 years$36,192$28,929$22,922$18,024$14,079$4,752
22 years$34,182$27,004$21,126$16,388$12,620$3,995
23 years$32,350$25,256$19,506$14,925$11,328$3,361
24 years$30,673$23,664$18,040$13,612$10,182$2,830
25 years$29,133$22,207$16,709$12,431$9,162$2,383
26 years$27,714$20,871$15,497$11,367$8,253$2,008
27 years$26,402$19,642$14,390$10,404$7,441$1,693
28 years$25,185$18,509$13,377$9,532$6,714$1,428
29 years$24,055$17,461$12,449$8,741$6,063$1,204
30 years$23,002$16,490$11,596$8,022$5,478$1,016
31 years$22,019$15,588$10,810$7,368$4,953$857
32 years$21,099$14,750$10,086$6,771$4,480$723
33 years$20,237$13,968$9,417$6,227$4,054$610
34 years$19,427$13,239$8,799$5,729$3,671$515
35 years$18,665$12,557$8,227$5,274$3,325$435
36 years$17,947$11,918$7,696$4,857$3,012$367
37 years$17,269$11,320$7,203$4,475$2,730$310
38 years$16,629$10,758$6,745$4,125$2,475$262
39 years$16,023$10,229$6,320$3,803$2,245$221
40 years$15,449$9,732$5,923$3,508$2,036$187
41 years$14,904$9,264$5,554$3,237$1,847$158
42 years$14,387$8,823$5,210$2,987$1,676$133
43 years$13,894$8,407$4,889$2,757$1,521$112
44 years$13,426$8,013$4,589$2,546$1,381$95
45 years$12,980$7,641$4,309$2,351$1,253$80
46 years$12,554$7,290$4,047$2,172$1,138$68
47 years$12,148$6,956$3,802$2,007$1,033$57
48 years$11,759$6,641$3,573$1,854$938$48
49 years$11,388$6,342$3,358$1,714$852$41
50 years$11,033$6,058$3,157$1,584$774$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $11,300,000, adding $4,621 every year, while hoping to spend $57,184 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: 39/48/13 Blend
69$11,300,000$11,300,000$11,300,000$11,300,000
70$12,457,367$11,858,467$11,683,317$12,894,292
71$13,667,175$12,378,688$12,013,864$13,725,034
72$14,998,467$12,922,484$12,353,569$14,616,780
73$16,463,573$13,490,949$12,702,677$15,579,725
74$18,076,082$14,085,229$13,061,440$16,620,321
75$19,850,963$14,706,526$13,430,119$17,745,640
76$21,804,712$15,356,097$13,808,979$18,963,443
77$23,955,505$16,035,258$14,198,292$20,282,240
78$26,323,371$16,745,390$14,598,339$21,711,371
79$28,930,377$17,487,937$15,009,407$23,261,088
80$31,800,842$18,264,413$15,431,788$24,942,643
81$34,961,561$19,076,402$15,865,786$26,768,391
82$38,442,060$19,925,565$16,311,710$28,751,899
83$42,274,874$20,813,641$16,769,876$30,908,069
84$46,495,854$21,742,453$17,240,610$33,253,271
85$51,144,506$22,713,908$17,724,245$35,805,488
86$56,264,362$23,730,006$18,221,123$38,584,484
87$61,903,391$24,792,840$18,731,595$41,611,975
88$68,114,454$25,904,606$19,256,020$44,911,833
89$74,955,797$27,067,600$19,794,766$48,510,300
90$82,491,608$28,284,233$20,348,210$52,436,224
91$90,792,617$29,557,025$20,916,740$56,721,327
92$99,936,765$30,888,620$21,500,752$61,400,490
93$110,009,940$32,281,788$22,100,652$66,512,075
94$121,106,787$33,739,428$22,716,857$72,098,276
95$133,331,601$35,264,582$23,349,794$78,205,505
96$146,799,312$36,860,434$23,999,900$84,884,819
97$161,636,568$38,530,322$24,667,622$92,192,390
98$177,982,931$40,277,741$25,353,421$100,190,021
99$195,992,196$42,106,356$26,057,766$108,945,719
100$215,833,838$44,020,005$26,781,139$118,534,318