Can I retire at age 70 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,063,457
2 years$555,978$545,623$535,588$525,858$516,421$495,322
3 years$366,970$356,571$346,561$336,922$327,638$307,126
4 years$272,485$262,117$252,208$242,734$233,674$213,906
5 years$215,808$205,503$195,723$186,443$177,636$158,667
6 years$178,036$167,809$158,174$149,100$140,557$122,409
7 years$151,067$140,926$131,443$122,583$114,310$96,988
8 years$130,849$120,799$111,474$102,832$94,832$78,330
9 years$115,133$105,177$96,013$87,590$79,862$64,170
10 years$102,567$92,709$83,706$75,503$68,046$53,150
11 years$92,292$82,533$73,693$65,711$58,522$44,404
12 years$83,736$74,077$65,401$57,637$50,714$37,353
13 years$76,502$66,944$58,431$50,885$44,224$31,598
14 years$70,307$60,850$52,501$45,170$38,766$26,853
15 years$64,942$55,588$47,401$40,284$34,133$22,907
16 years$60,253$51,001$42,976$36,070$30,167$19,603
17 years$56,120$46,970$39,107$32,408$26,748$16,821
18 years$52,450$43,402$35,699$29,206$23,783$14,465
19 years$49,170$40,225$32,681$26,390$21,198$12,464
20 years$46,222$37,379$29,993$23,902$18,935$10,756
21 years$43,558$34,817$27,588$21,692$16,944$9,296
22 years$41,140$32,500$25,426$19,723$15,188$8,043
23 years$38,935$30,397$23,477$17,962$13,634$6,966
24 years$36,917$28,480$21,712$16,383$12,254$6,039
25 years$35,063$26,727$20,110$14,962$11,027$5,239
26 years$33,354$25,119$18,651$13,680$9,933$4,548
27 years$31,775$23,640$17,319$12,522$8,955$3,951
28 years$30,311$22,276$16,100$11,473$8,080$3,433
29 years$28,951$21,015$14,983$10,521$7,296$2,985
30 years$27,684$19,846$13,956$9,655$6,593$2,596
31 years$26,500$18,761$13,010$8,868$5,961$2,258
32 years$25,393$17,752$12,139$8,150$5,392$1,965
33 years$24,356$16,811$11,334$7,494$4,880$1,711
34 years$23,381$15,933$10,590$6,895$4,418$1,489
35 years$22,464$15,113$9,901$6,348$4,001$1,297
36 years$21,600$14,344$9,262$5,846$3,625$1,129
37 years$20,785$13,624$8,669$5,386$3,286$984
38 years$20,014$12,947$8,118$4,965$2,979$857
39 years$19,284$12,311$7,606$4,578$2,701$747
40 years$18,593$11,713$7,129$4,222$2,450$651
41 years$17,938$11,150$6,685$3,896$2,223$567
42 years$17,315$10,619$6,271$3,595$2,017$494
43 years$16,723$10,118$5,884$3,319$1,831$431
44 years$16,159$9,644$5,523$3,064$1,662$375
45 years$15,622$9,197$5,186$2,830$1,509$327
46 years$15,109$8,773$4,871$2,614$1,370$285
47 years$14,620$8,372$4,576$2,415$1,244$248
48 years$14,153$7,993$4,300$2,232$1,129$217
49 years$13,706$7,632$4,042$2,062$1,026$189
50 years$13,278$7,291$3,800$1,906$932$165

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,600,000, adding $6,258 every year, while hoping to spend $54,809 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: 77/14/9 Blend
69$13,600,000$13,600,000$13,600,000$13,600,000
70$14,993,655$14,272,855$14,062,055$16,126,239
71$16,464,692$14,913,909$14,474,818$17,512,737
72$18,083,937$15,584,537$14,899,571$19,024,891
73$19,866,450$16,286,131$15,336,658$20,681,284
74$21,828,825$17,020,149$15,786,434$22,496,245
75$23,989,347$17,788,117$16,249,260$24,485,545
76$26,368,162$18,591,637$16,725,512$26,666,552
77$28,987,471$19,432,384$17,215,573$29,058,386
78$31,871,737$20,312,114$17,719,839$31,682,098
79$35,047,916$21,232,669$18,238,715$34,560,870
80$38,545,710$22,195,977$18,772,619$37,720,230
81$42,397,852$23,204,059$19,321,981$41,188,286
82$46,640,407$24,259,032$19,887,241$44,995,996
83$51,313,118$25,363,115$20,468,854$49,177,452
84$56,459,781$26,518,632$21,067,286$53,770,199
85$62,128,654$27,728,021$21,683,015$58,815,591
86$68,372,917$28,993,834$22,316,536$64,359,172
87$75,251,170$30,318,747$22,968,355$70,451,109
88$82,827,987$31,705,563$23,638,993$77,146,655
89$91,174,527$33,157,221$24,328,984$84,506,673
90$100,369,203$34,676,800$25,038,880$92,598,205
91$110,498,426$36,267,526$25,769,246$101,495,097
92$121,657,413$37,932,783$26,520,664$111,278,699
93$133,951,094$39,676,114$27,293,731$122,038,622
94$147,495,095$41,501,234$28,089,061$133,873,586
95$162,416,837$43,412,036$28,907,286$146,892,339
96$178,856,728$45,412,600$29,749,055$161,214,687
97$196,969,501$47,507,203$30,615,034$176,972,613
98$216,925,661$49,700,328$31,505,909$194,311,525
99$238,913,106$51,996,671$32,422,384$213,391,613
100$263,138,893$54,401,158$33,365,184$234,389,367