Can I retire at age 70 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$982,691$973,938$965,398$957,062$948,923$942,547
2 years$486,481$477,420$468,640$460,126$451,868$445,438
3 years$321,099$311,999$303,241$294,807$286,684$280,399
4 years$238,424$229,353$220,682$212,392$204,465$198,373
5 years$188,832$179,815$171,258$163,137$155,431$149,550
6 years$155,782$146,833$138,402$130,462$122,987$117,325
7 years$132,184$123,310$115,013$107,260$100,022$94,581
8 years$114,493$105,699$97,540$89,978$82,978$77,758
9 years$100,741$92,030$84,011$76,641$69,879$64,880
10 years$89,746$81,120$73,243$66,065$59,541$54,758
11 years$80,756$72,217$64,482$57,497$51,207$46,639
12 years$73,269$64,818$57,226$50,432$44,375$40,017
13 years$66,939$58,576$51,128$44,524$38,696$34,543
14 years$61,518$53,244$45,938$39,524$33,920$29,968
15 years$56,825$48,640$41,476$35,248$29,866$26,110
16 years$52,721$44,626$37,604$31,561$26,396$22,829
17 years$49,105$41,099$34,218$28,357$23,404$20,022
18 years$45,894$37,977$31,237$25,556$20,810$17,605
19 years$43,024$35,197$28,596$23,092$18,548$15,516
20 years$40,444$32,707$26,244$20,914$16,568$13,701
21 years$38,113$30,465$24,139$18,981$14,826$12,119
22 years$35,997$28,438$22,248$17,258$13,290$10,736
23 years$34,068$26,597$20,542$15,717$11,930$9,523
24 years$32,302$24,920$18,998$14,335$10,723$8,456
25 years$30,680$23,386$17,596$13,091$9,649$7,517
26 years$29,185$21,979$16,319$11,970$8,691$6,688
27 years$27,803$20,685$15,154$10,957$7,836$5,955
28 years$26,523$19,491$14,088$10,039$7,070$5,306
29 years$25,332$18,388$13,110$9,206$6,384$4,730
30 years$24,223$17,365$12,211$8,448$5,769$4,220
31 years$23,188$16,416$11,384$7,759$5,215$3,766
32 years$22,219$15,533$10,622$7,131$4,718$3,362
33 years$21,311$14,710$9,917$6,557$4,270$3,003
34 years$20,458$13,942$9,266$6,033$3,866$2,684
35 years$19,656$13,223$8,663$5,554$3,501$2,398
36 years$18,900$12,551$8,104$5,115$3,172$2,144
37 years$18,186$11,921$7,586$4,713$2,875$1,918
38 years$17,512$11,329$7,104$4,344$2,607$1,715
39 years$16,874$10,773$6,655$4,005$2,364$1,534
40 years$16,269$10,249$6,238$3,694$2,144$1,373
41 years$15,695$9,756$5,849$3,409$1,945$1,229
42 years$15,150$9,292$5,487$3,146$1,765$1,100
43 years$14,632$8,853$5,149$2,904$1,602$984
44 years$14,139$8,439$4,833$2,681$1,454$881
45 years$13,669$8,047$4,538$2,476$1,320$789
46 years$13,221$7,677$4,262$2,287$1,198$706
47 years$12,793$7,326$4,004$2,113$1,088$632
48 years$12,384$6,994$3,763$1,953$988$566
49 years$11,993$6,678$3,537$1,805$898$507
50 years$11,619$6,379$3,325$1,668$815$454

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $11,900,000, adding $4,295 every year, while hoping to spend $47,067 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: 44/32/24 Blend
69$11,900,000$11,900,000$11,900,000$11,900,000
70$13,118,230$12,487,530$12,303,080$13,603,934
71$14,406,211$13,049,340$12,665,155$14,510,586
72$15,823,988$13,637,102$13,037,781$15,487,872
73$17,384,751$14,252,036$13,421,263$16,546,307
74$19,103,034$14,895,424$13,815,913$17,693,444
75$20,994,850$15,568,606$14,222,053$18,937,580
76$23,077,845$16,272,989$14,640,013$20,287,823
77$25,371,464$17,010,044$15,070,132$21,754,181
78$27,897,132$17,781,315$15,512,760$23,347,647
79$30,678,458$18,588,418$15,968,256$25,080,300
80$33,741,458$19,433,047$16,436,989$26,965,416
81$37,114,798$20,316,978$16,919,340$29,017,584
82$40,830,068$21,242,070$17,415,698$31,252,844
83$44,922,077$22,210,273$17,926,466$33,688,826
84$49,429,182$23,223,630$18,452,055$36,344,919
85$54,393,650$24,284,280$18,992,891$39,242,440
86$59,862,059$25,394,466$19,549,410$42,404,836
87$65,885,734$26,556,540$20,122,060$45,857,893
88$72,521,233$27,772,964$20,711,303$49,629,976
89$79,830,880$29,046,321$21,317,613$53,752,291
90$87,883,354$30,379,315$21,941,477$58,259,166
91$96,754,337$31,774,782$22,583,398$63,188,376
92$106,527,227$33,235,694$23,243,889$68,581,483
93$117,293,926$34,765,165$23,923,481$74,484,226
94$129,155,707$36,366,459$24,622,718$80,946,942
95$142,224,171$38,042,997$25,342,161$88,025,031
96$156,622,297$39,798,364$26,082,384$95,779,469
97$172,485,607$41,636,320$26,843,980$104,277,376
98$189,963,442$43,560,802$27,627,556$113,592,639
99$209,220,371$45,575,939$28,433,737$123,806,596
100$230,437,747$47,686,059$29,263,165$135,008,791