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%17.4%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,044,141
2 years$551,890$541,611$531,650$521,992$512,623$480,285
3 years$364,272$353,949$344,013$334,445$325,229$293,936
4 years$270,481$260,190$250,353$240,949$231,956$201,947
5 years$214,222$203,992$194,284$185,072$176,329$147,686
6 years$176,727$166,575$157,011$148,003$139,524$112,271
7 years$149,956$139,889$130,477$121,682$113,470$87,607
8 years$129,887$119,911$110,654$102,076$94,134$69,645
9 years$114,286$104,404$95,307$86,946$79,275$56,134
10 years$101,812$92,027$83,091$74,948$67,546$45,721
11 years$91,613$81,926$73,152$65,227$58,092$37,544
12 years$83,120$73,533$64,920$57,213$50,341$31,029
13 years$75,940$66,452$58,002$50,511$43,898$25,778
14 years$69,790$60,403$52,115$44,838$38,481$21,505
15 years$64,465$55,179$47,053$39,987$33,882$18,002
16 years$59,810$50,626$42,660$35,804$29,945$15,112
17 years$55,707$46,625$38,819$32,170$26,551$12,715
18 years$52,064$43,083$35,437$28,992$23,608$10,720
19 years$48,809$39,929$32,441$26,196$21,042$9,052
20 years$45,882$37,104$29,772$23,726$18,795$7,654
21 years$43,238$34,561$27,385$21,533$16,820$6,479
22 years$40,837$32,261$25,239$19,578$15,077$5,490
23 years$38,649$30,173$23,304$17,830$13,534$4,655
24 years$36,645$28,271$21,552$16,262$12,164$3,950
25 years$34,805$26,531$19,962$14,852$10,946$3,354
26 years$33,109$24,934$18,514$13,580$9,860$2,849
27 years$31,542$23,466$17,192$12,430$8,889$2,421
28 years$30,089$22,112$15,982$11,388$8,021$2,058
29 years$28,738$20,860$14,872$10,443$7,243$1,750
30 years$27,480$19,700$13,853$9,584$6,544$1,489
31 years$26,306$18,623$12,915$8,802$5,917$1,267
32 years$25,207$17,621$12,050$8,090$5,352$1,078
33 years$24,177$16,688$11,251$7,439$4,844$917
34 years$23,209$15,816$10,512$6,845$4,385$781
35 years$22,299$15,001$9,828$6,301$3,972$665
36 years$21,441$14,239$9,194$5,803$3,599$566
37 years$20,632$13,523$8,605$5,347$3,262$482
38 years$19,867$12,852$8,059$4,928$2,957$410
39 years$19,143$12,221$7,550$4,544$2,682$349
40 years$18,457$11,627$7,077$4,191$2,432$297
41 years$17,806$11,068$6,636$3,867$2,207$253
42 years$17,187$10,541$6,224$3,569$2,002$216
43 years$16,600$10,043$5,841$3,294$1,817$184
44 years$16,040$9,573$5,483$3,042$1,649$156
45 years$15,507$9,129$5,148$2,809$1,497$133
46 years$14,998$8,709$4,835$2,595$1,360$113
47 years$14,513$8,311$4,543$2,397$1,235$97
48 years$14,049$7,934$4,269$2,215$1,121$82
49 years$13,605$7,576$4,012$2,047$1,018$70
50 years$13,181$7,237$3,772$1,892$925$60

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 $5,713 every year, while hoping to spend $29,463 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: 48/41/11 Blend
69$13,500,000$13,500,000$13,500,000$13,500,000
70$14,882,893$14,167,393$13,958,143$15,552,112
71$16,369,600$14,830,247$14,394,392$16,675,911
72$18,006,963$15,524,593$14,844,269$17,891,858
73$19,810,319$16,251,944$15,308,197$19,211,403
74$21,796,566$17,013,884$15,786,617$20,644,217
75$23,984,327$17,812,075$16,279,979$22,200,916
76$26,394,121$18,648,260$16,788,752$23,893,157
77$29,048,562$19,524,265$17,313,415$25,733,741
78$31,972,566$20,442,005$17,854,465$27,736,728
79$35,193,591$21,403,487$18,412,414$29,917,565
80$38,741,896$22,410,816$18,987,788$32,293,222
81$42,650,822$23,466,198$19,581,131$34,882,346
82$46,957,112$24,571,948$20,193,006$37,705,432
83$51,701,255$25,730,491$20,823,989$40,785,006
84$56,927,868$26,944,370$21,474,677$44,145,830
85$62,686,117$28,216,251$22,145,685$47,815,128
86$69,030,183$29,548,929$22,837,648$51,822,833
87$76,019,772$30,945,337$23,551,219$56,201,864
88$83,720,677$32,408,546$24,287,073$60,988,420
89$92,205,401$33,941,780$25,045,905$66,222,317
90$101,553,841$35,548,417$25,828,432$71,947,354
91$111,854,042$37,231,998$26,635,394$78,211,709
92$123,203,027$38,996,239$27,467,552$85,068,388
93$135,707,715$40,845,034$28,325,695$92,575,711
94$149,485,927$42,782,466$29,210,631$100,797,850
95$164,667,502$44,812,817$30,123,197$109,805,422
96$181,395,518$46,940,576$31,064,256$119,676,137
97$199,827,649$49,170,452$32,034,695$130,495,524
98$220,137,645$51,507,380$33,035,433$142,357,718
99$242,516,979$53,956,536$34,067,415$155,366,335
100$267,176,651$56,523,347$35,131,614$169,635,430