Can I retire at age 70 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,060,422
2 years$551,890$541,611$531,650$521,992$512,623$496,452
3 years$364,272$353,949$344,013$334,445$325,229$309,477
4 years$270,481$260,190$250,353$240,949$231,956$216,744
5 years$214,222$203,992$194,284$185,072$176,329$161,702
6 years$176,727$166,575$157,011$148,003$139,524$125,497
7 years$149,956$139,889$130,477$121,682$113,470$100,050
8 years$129,887$119,911$110,654$102,076$94,134$81,318
9 years$114,286$104,404$95,307$86,946$79,275$67,056
10 years$101,812$92,027$83,091$74,948$67,546$55,916
11 years$91,613$81,926$73,152$65,227$58,092$47,038
12 years$83,120$73,533$64,920$57,213$50,341$39,851
13 years$75,940$66,452$58,002$50,511$43,898$33,957
14 years$69,790$60,403$52,115$44,838$38,481$29,072
15 years$64,465$55,179$47,053$39,987$33,882$24,989
16 years$59,810$50,626$42,660$35,804$29,945$21,550
17 years$55,707$46,625$38,819$32,170$26,551$18,637
18 years$52,064$43,083$35,437$28,992$23,608$16,156
19 years$48,809$39,929$32,441$26,196$21,042$14,033
20 years$45,882$37,104$29,772$23,726$18,795$12,211
21 years$43,238$34,561$27,385$21,533$16,820$10,641
22 years$40,837$32,261$25,239$19,578$15,077$9,285
23 years$38,649$30,173$23,304$17,830$13,534$8,111
24 years$36,645$28,271$21,552$16,262$12,164$7,092
25 years$34,805$26,531$19,962$14,852$10,946$6,207
26 years$33,109$24,934$18,514$13,580$9,860$5,436
27 years$31,542$23,466$17,192$12,430$8,889$4,763
28 years$30,089$22,112$15,982$11,388$8,021$4,177
29 years$28,738$20,860$14,872$10,443$7,243$3,664
30 years$27,480$19,700$13,853$9,584$6,544$3,215
31 years$26,306$18,623$12,915$8,802$5,917$2,823
32 years$25,207$17,621$12,050$8,090$5,352$2,479
33 years$24,177$16,688$11,251$7,439$4,844$2,178
34 years$23,209$15,816$10,512$6,845$4,385$1,914
35 years$22,299$15,001$9,828$6,301$3,972$1,682
36 years$21,441$14,239$9,194$5,803$3,599$1,479
37 years$20,632$13,523$8,605$5,347$3,262$1,300
38 years$19,867$12,852$8,059$4,928$2,957$1,143
39 years$19,143$12,221$7,550$4,544$2,682$1,005
40 years$18,457$11,627$7,077$4,191$2,432$884
41 years$17,806$11,068$6,636$3,867$2,207$778
42 years$17,187$10,541$6,224$3,569$2,002$684
43 years$16,600$10,043$5,841$3,294$1,817$602
44 years$16,040$9,573$5,483$3,042$1,649$530
45 years$15,507$9,129$5,148$2,809$1,497$466
46 years$14,998$8,709$4,835$2,595$1,360$410
47 years$14,513$8,311$4,543$2,397$1,235$361
48 years$14,049$7,934$4,269$2,215$1,121$318
49 years$13,605$7,576$4,012$2,047$1,018$279
50 years$13,181$7,237$3,772$1,892$925$246

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,500,000, adding $2,323 every year, while hoping to spend $23,683 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: 69/10/21 Blend
69$13,500,000$13,500,000$13,500,000$13,500,000
70$14,879,396$14,163,896$13,954,646$15,828,237
71$16,371,896$14,832,729$14,396,928$17,131,527
72$18,015,837$15,533,540$14,853,233$18,554,162
73$19,826,642$16,267,872$15,324,005$20,110,334
74$21,821,303$17,037,343$15,809,704$21,813,235
75$24,018,550$17,843,646$16,310,802$23,677,386
76$26,439,016$18,688,559$16,827,789$25,718,770
77$29,105,444$19,573,946$17,361,168$27,954,984
78$32,042,891$20,501,761$17,911,458$30,405,398
79$35,278,971$21,474,053$18,479,198$33,091,343
80$38,844,114$22,492,970$19,064,939$36,036,301
81$42,771,853$23,560,764$19,669,253$39,266,130
82$47,099,138$24,679,798$20,292,730$42,809,304
83$51,866,690$25,852,548$20,935,976$46,697,175
84$57,119,381$27,081,611$21,599,620$50,964,274
85$62,906,658$28,369,711$22,284,308$55,648,624
86$69,283,013$29,719,702$22,990,707$60,792,105
87$76,308,491$31,134,578$23,719,507$66,440,838
88$84,049,265$32,617,480$24,471,418$72,645,622
89$92,578,252$34,171,699$25,247,173$79,462,408
90$101,975,810$35,800,688$26,047,529$86,952,823
91$112,330,487$37,508,066$26,873,265$95,184,748
92$123,739,865$39,297,630$27,725,188$104,232,955
93$136,311,478$41,173,360$28,604,128$114,179,807
94$150,163,824$43,139,431$29,510,943$125,116,035
95$165,427,490$45,200,219$30,446,515$137,141,584
96$182,246,379$47,360,314$31,411,758$150,366,554
97$200,779,071$49,624,531$32,407,614$164,912,236
98$221,200,320$51,997,917$33,435,053$180,912,250
99$243,702,703$54,485,765$34,495,077$198,513,800
100$268,498,437$57,093,626$35,588,720$217,879,059