Can I retire at age 70 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,003,959
2 years$535,538$525,564$515,897$506,525$497,434$456,968
3 years$353,479$343,462$333,820$324,536$315,593$276,587
4 years$262,467$252,481$242,935$233,810$225,083$187,836
5 years$207,874$197,948$188,528$179,588$171,105$135,710
6 years$171,491$161,639$152,358$143,618$135,389$101,871
7 years$145,513$135,744$126,611$118,076$110,108$78,455
8 years$126,039$116,358$107,376$99,051$91,345$61,526
9 years$110,900$101,311$92,483$84,370$76,926$48,897
10 years$98,796$89,300$80,629$72,728$65,545$39,252
11 years$88,899$79,499$70,984$63,295$56,371$31,755
12 years$80,658$71,354$62,997$55,518$48,850$25,846
13 years$73,689$64,483$56,283$49,014$42,598$21,138
14 years$67,722$58,613$50,571$43,509$37,341$17,354
15 years$62,555$53,544$45,659$38,803$32,878$14,291
16 years$58,038$49,126$41,396$34,744$29,058$11,799
17 years$54,057$45,243$37,669$31,217$25,764$9,761
18 years$50,522$41,807$34,387$28,133$22,909$8,089
19 years$47,362$38,746$31,480$25,420$20,419$6,713
20 years$44,523$36,005$28,890$23,023$18,239$5,577
21 years$41,957$33,537$26,574$20,895$16,321$4,637
22 years$39,627$31,305$24,492$18,998$14,630$3,859
23 years$37,503$29,279$22,614$17,302$13,133$3,214
24 years$35,559$27,433$20,914$15,780$11,804$2,678
25 years$33,774$25,744$19,370$14,412$10,622$2,232
26 years$32,128$24,196$17,965$13,177$9,568$1,861
27 years$30,607$22,771$16,682$12,061$8,626$1,553
28 years$29,197$21,457$15,508$11,051$7,783$1,295
29 years$27,887$20,242$14,432$10,134$7,028$1,081
30 years$26,666$19,117$13,443$9,300$6,350$902
31 years$25,526$18,071$12,532$8,542$5,741$753
32 years$24,460$17,099$11,693$7,850$5,194$629
33 years$23,460$16,193$10,918$7,219$4,700$525
34 years$22,521$15,348$10,201$6,642$4,255$438
35 years$21,638$14,557$9,537$6,114$3,854$366
36 years$20,806$13,817$8,922$5,631$3,492$306
37 years$20,020$13,123$8,350$5,188$3,165$255
38 years$19,278$12,471$7,820$4,782$2,869$213
39 years$18,575$11,859$7,326$4,409$2,602$178
40 years$17,910$11,283$6,867$4,067$2,360$149
41 years$17,278$10,740$6,439$3,752$2,141$124
42 years$16,678$10,229$6,040$3,463$1,943$104
43 years$16,108$9,746$5,668$3,197$1,763$87
44 years$15,565$9,290$5,320$2,952$1,601$72
45 years$15,047$8,859$4,995$2,726$1,453$61
46 years$14,554$8,451$4,692$2,518$1,319$51
47 years$14,083$8,065$4,408$2,326$1,198$42
48 years$13,632$7,699$4,142$2,150$1,088$35
49 years$13,202$7,352$3,893$1,987$988$29
50 years$12,790$7,023$3,660$1,836$898$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,100,000, adding $2,241 every year, while hoping to spend $49,630 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: 57/15/28 Blend
69$13,100,000$13,100,000$13,100,000$13,100,000
70$14,438,512$13,744,212$13,541,162$15,150,427
71$15,858,434$14,364,872$13,941,985$16,260,114
72$17,421,525$15,014,281$14,354,572$17,463,658
73$19,142,335$15,693,796$14,779,265$18,774,515
74$21,036,898$16,404,837$15,216,415$20,203,084
75$23,122,882$17,148,894$15,666,385$21,760,799
76$25,419,752$17,927,526$16,129,545$23,460,244
77$27,948,961$18,742,369$16,606,279$25,315,259
78$30,734,145$19,595,135$17,096,979$27,341,076
79$33,801,351$20,487,620$17,602,052$29,554,457
80$37,179,281$21,421,706$18,121,913$31,973,845
81$40,899,561$22,399,362$18,656,990$34,619,541
82$44,997,041$23,422,656$19,207,723$37,513,888
83$49,510,124$24,493,751$19,774,567$40,681,481
84$54,481,128$25,614,916$20,357,987$44,149,394
85$59,956,686$26,788,530$20,958,462$47,947,431
86$65,988,182$28,017,082$21,576,485$52,108,403
87$72,632,242$29,303,185$22,212,563$56,668,438
88$79,951,265$30,649,575$22,867,217$61,667,312
89$88,014,009$32,059,119$23,540,984$67,148,822
90$96,896,247$33,534,824$24,234,416$73,161,195
91$106,681,474$35,079,841$24,948,079$79,757,540
92$117,461,701$36,697,470$25,682,556$86,996,341
93$129,338,321$38,391,173$26,438,449$94,942,004
94$142,423,066$40,164,576$27,216,372$103,665,463
95$156,839,059$42,021,481$28,016,962$113,244,838
96$172,721,983$43,965,873$28,840,870$123,766,172
97$190,221,353$46,001,929$29,688,767$135,324,235
98$209,501,933$48,134,025$30,561,342$148,023,409
99$230,745,290$50,366,752$31,459,307$161,978,671
100$254,151,505$52,704,918$32,383,389$177,316,668