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%17.3%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,052,298
2 years$555,978$545,623$535,588$525,858$516,421$484,260
3 years$366,970$356,571$346,561$336,922$327,638$296,511
4 years$272,485$262,117$252,208$242,734$233,674$203,819
5 years$215,808$205,503$195,723$186,443$177,636$149,134
6 years$178,036$167,809$158,174$149,100$140,557$113,434
7 years$151,067$140,926$131,443$122,583$114,310$88,565
8 years$130,849$120,799$111,474$102,832$94,832$70,448
9 years$115,133$105,177$96,013$87,590$79,862$56,815
10 years$102,567$92,709$83,706$75,503$68,046$46,305
11 years$92,292$82,533$73,693$65,711$58,522$38,048
12 years$83,736$74,077$65,401$57,637$50,714$31,467
13 years$76,502$66,944$58,431$50,885$44,224$26,159
14 years$70,307$60,850$52,501$45,170$38,766$21,838
15 years$64,942$55,588$47,401$40,284$34,133$18,294
16 years$60,253$51,001$42,976$36,070$30,167$15,368
17 years$56,120$46,970$39,107$32,408$26,748$12,940
18 years$52,450$43,402$35,699$29,206$23,783$10,917
19 years$49,170$40,225$32,681$26,390$21,198$9,226
20 years$46,222$37,379$29,993$23,902$18,935$7,807
21 years$43,558$34,817$27,588$21,692$16,944$6,613
22 years$41,140$32,500$25,426$19,723$15,188$5,608
23 years$38,935$30,397$23,477$17,962$13,634$4,759
24 years$36,917$28,480$21,712$16,383$12,254$4,042
25 years$35,063$26,727$20,110$14,962$11,027$3,434
26 years$33,354$25,119$18,651$13,680$9,933$2,920
27 years$31,775$23,640$17,319$12,522$8,955$2,483
28 years$30,311$22,276$16,100$11,473$8,080$2,113
29 years$28,951$21,015$14,983$10,521$7,296$1,798
30 years$27,684$19,846$13,956$9,655$6,593$1,531
31 years$26,500$18,761$13,010$8,868$5,961$1,303
32 years$25,393$17,752$12,139$8,150$5,392$1,110
33 years$24,356$16,811$11,334$7,494$4,880$945
34 years$23,381$15,933$10,590$6,895$4,418$805
35 years$22,464$15,113$9,901$6,348$4,001$686
36 years$21,600$14,344$9,262$5,846$3,625$585
37 years$20,785$13,624$8,669$5,386$3,286$498
38 years$20,014$12,947$8,118$4,965$2,979$424
39 years$19,284$12,311$7,606$4,578$2,701$362
40 years$18,593$11,713$7,129$4,222$2,450$308
41 years$17,938$11,150$6,685$3,896$2,223$263
42 years$17,315$10,619$6,271$3,595$2,017$224
43 years$16,723$10,118$5,884$3,319$1,831$191
44 years$16,159$9,644$5,523$3,064$1,662$163
45 years$15,622$9,197$5,186$2,830$1,509$139
46 years$15,109$8,773$4,871$2,614$1,370$118
47 years$14,620$8,372$4,576$2,415$1,244$101
48 years$14,153$7,993$4,300$2,232$1,129$86
49 years$13,706$7,632$4,042$2,062$1,026$73
50 years$13,278$7,291$3,800$1,906$932$62

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 $4,303 every year, while hoping to spend $47,257 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: 82/7/11 Blend
69$13,600,000$13,600,000$13,600,000$13,600,000
70$14,991,639$14,270,839$14,060,039$16,192,965
71$16,470,505$14,919,829$14,480,769$17,629,779
72$18,098,631$15,599,035$14,914,010$19,200,290
73$19,891,193$16,309,889$15,360,130$20,923,184
74$21,864,911$17,053,890$15,819,511$22,813,724
75$24,038,209$17,832,608$16,292,542$24,888,720
76$26,431,391$18,647,691$16,779,627$27,166,683
77$29,066,829$19,500,863$17,281,180$29,668,005
78$31,969,173$20,393,933$17,797,627$32,415,142
79$35,165,588$21,328,795$18,329,407$35,432,832
80$38,686,007$22,307,436$18,876,972$38,748,320
81$42,563,416$23,331,936$19,440,786$42,391,618
82$46,834,160$24,404,477$20,021,328$46,395,785
83$51,538,293$25,527,345$20,619,091$50,797,238
84$56,719,949$26,702,935$21,234,581$55,636,094
85$62,427,764$27,933,759$21,868,320$60,956,545
86$68,715,331$29,222,448$22,520,843$66,807,274
87$75,641,708$30,571,760$23,192,704$73,241,915
88$83,271,973$31,984,588$23,884,471$80,319,552
89$91,677,843$33,463,961$24,596,729$88,105,278
90$100,938,342$35,013,055$25,330,079$96,670,808
91$111,140,558$36,635,199$26,085,142$106,095,151
92$122,380,455$38,333,884$26,862,554$116,465,353
93$134,763,783$40,112,766$27,662,971$127,877,318
94$148,407,077$41,975,680$28,487,069$140,436,710
95$163,438,755$43,926,644$29,335,542$154,259,947
96$180,000,330$45,969,872$30,209,105$169,475,296
97$198,247,747$48,109,778$31,108,492$186,224,084
98$218,352,852$50,350,993$32,034,462$204,662,025
99$240,505,019$52,698,368$32,987,793$224,960,688
100$264,912,933$55,156,989$33,969,286$247,309,116