Can I retire at age 70 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,048,177
2 years$543,714$533,587$523,774$514,258$505,029$492,564
3 years$358,875$348,705$338,916$329,490$320,411$308,253
4 years$266,474$256,335$246,644$237,379$228,520$216,761
5 years$211,048$200,970$191,406$182,330$173,717$162,392
6 years$174,109$164,107$154,685$145,811$137,456$126,579
7 years$147,735$137,817$128,544$119,879$111,789$101,364
8 years$127,963$118,135$109,015$100,564$92,740$82,766
9 years$112,593$102,857$93,895$85,658$78,100$68,574
10 years$100,304$90,664$81,860$73,838$66,545$57,460
11 years$90,256$80,713$72,068$64,261$57,231$48,579
12 years$81,889$72,443$63,958$56,366$49,595$41,367
13 years$74,814$65,468$57,143$49,762$43,248$35,433
14 years$68,756$59,508$51,343$44,173$37,911$30,498
15 years$63,510$54,362$46,356$39,395$33,380$26,357
16 years$58,924$49,876$42,028$35,274$29,501$22,857
17 years$54,882$45,934$38,244$31,693$26,158$19,879
18 years$51,293$42,445$34,912$28,562$23,258$17,332
19 years$48,086$39,338$31,960$25,808$20,731$15,143
20 years$45,202$36,554$29,331$23,374$18,517$13,255
21 years$42,597$34,049$26,979$21,214$16,571$11,621
22 years$40,232$31,783$24,866$19,288$14,853$10,202
23 years$38,076$29,726$22,959$17,566$13,333$8,967
24 years$36,102$27,852$21,233$16,021$11,984$7,889
25 years$34,289$26,137$19,666$14,632$10,784$6,948
26 years$32,619$24,565$18,239$13,378$9,714$6,123
27 years$31,074$23,119$16,937$12,246$8,758$5,401
28 years$29,643$21,784$15,745$11,220$7,902$4,766
29 years$28,312$20,551$14,652$10,289$7,136$4,208
30 years$27,073$19,408$13,648$9,442$6,447$3,717
31 years$25,916$18,347$12,723$8,672$5,829$3,285
32 years$24,833$17,360$11,871$7,970$5,273$2,904
33 years$23,818$16,441$11,084$7,329$4,772$2,569
34 years$22,865$15,582$10,356$6,743$4,320$2,272
35 years$21,968$14,779$9,683$6,208$3,913$2,010
36 years$21,123$14,028$9,058$5,717$3,546$1,779
37 years$20,326$13,323$8,478$5,267$3,213$1,575
38 years$19,572$12,662$7,939$4,855$2,913$1,394
39 years$18,859$12,040$7,438$4,477$2,642$1,235
40 years$18,183$11,455$6,972$4,129$2,396$1,093
41 years$17,542$10,904$6,537$3,810$2,174$968
42 years$16,933$10,385$6,132$3,516$1,973$858
43 years$16,354$9,895$5,754$3,245$1,790$760
44 years$15,802$9,432$5,401$2,997$1,625$673
45 years$15,277$8,994$5,072$2,768$1,475$597
46 years$14,776$8,580$4,764$2,556$1,339$529
47 years$14,298$8,188$4,475$2,362$1,216$468
48 years$13,841$7,816$4,205$2,182$1,105$415
49 years$13,404$7,464$3,953$2,017$1,003$368
50 years$12,985$7,130$3,716$1,864$911$326

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,300,000, adding $2,484 every year, while hoping to spend $46,749 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: 56/33/11 Blend
69$13,300,000$13,300,000$13,300,000$13,300,000
70$14,659,162$13,954,262$13,748,112$15,439,766
71$16,104,656$14,588,281$14,158,933$16,602,018
72$17,696,024$15,251,799$14,581,950$17,861,984
73$19,448,095$15,946,213$15,017,522$19,233,250
74$21,377,210$16,672,987$15,466,018$20,726,448
75$23,501,375$17,433,653$15,927,820$22,353,265
76$25,840,431$18,229,818$16,403,318$24,126,545
77$28,416,241$19,063,166$16,892,915$26,060,410
78$31,252,897$19,935,460$17,397,027$28,170,384
79$34,376,944$20,848,550$17,916,079$30,473,539
80$37,817,637$21,804,373$18,450,512$32,988,648
81$41,607,209$22,804,960$19,000,777$35,736,358
82$45,781,180$23,852,439$19,567,340$38,739,379
83$50,378,693$24,949,041$20,150,678$42,022,694
84$55,442,879$26,097,104$20,751,285$45,613,784
85$61,021,267$27,299,076$21,369,668$49,542,887
86$67,166,232$28,557,526$22,006,347$53,843,273
87$73,935,489$29,875,146$22,661,860$58,551,550
88$81,392,636$31,254,755$23,336,760$63,708,008
89$89,607,757$32,699,311$24,031,614$69,356,985
90$98,658,083$34,211,911$24,747,007$75,547,279
91$108,628,717$35,795,805$25,483,542$82,332,603
92$119,613,442$37,454,396$26,241,837$89,772,083
93$131,715,605$39,191,252$27,022,530$97,930,801
94$145,049,088$41,010,115$27,826,276$106,880,408
95$159,739,389$42,914,904$28,653,750$116,699,785
96$175,924,802$44,909,730$29,505,646$127,475,778
97$193,757,725$46,998,900$30,382,678$139,304,007
98$213,406,097$49,186,931$31,285,582$152,289,757
99$235,054,983$51,478,554$32,215,113$166,548,962
100$258,908,322$53,878,734$33,172,050$182,209,281