Can I retire at age 70 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,074,801
2 years$560,066$549,635$539,526$529,725$520,218$502,478
3 years$369,668$359,193$349,109$339,400$330,048$312,777
4 years$274,488$264,045$254,062$244,518$235,393$218,724
5 years$217,395$207,014$197,163$187,814$178,942$162,922
6 years$179,346$169,043$159,337$150,196$141,591$126,239
7 years$152,178$141,962$132,410$123,484$115,151$100,473
8 years$131,811$121,687$112,294$103,588$95,529$81,521
9 years$115,979$105,951$96,719$88,234$80,449$67,104
10 years$103,321$93,390$84,321$76,059$68,547$55,853
11 years$92,971$83,140$74,235$66,194$58,952$46,897
12 years$84,352$74,622$65,882$58,061$51,087$39,655
13 years$77,065$67,437$58,861$51,259$44,549$33,723
14 years$70,824$61,298$52,887$45,502$39,051$28,814
15 years$65,420$55,997$47,750$40,580$34,384$24,716
16 years$60,696$51,376$43,292$36,335$30,388$21,270
17 years$56,533$47,315$39,394$32,647$26,945$18,356
18 years$52,836$43,721$35,962$29,421$23,958$15,877
19 years$49,532$40,521$32,921$26,584$21,354$13,761
20 years$46,562$37,654$30,214$24,077$19,074$11,948
21 years$43,878$35,073$27,791$21,852$17,069$10,388
22 years$41,442$32,739$25,613$19,868$15,300$9,044
23 years$39,221$30,620$23,649$18,094$13,734$7,882
24 years$37,188$28,689$21,872$16,503$12,345$6,876
25 years$35,321$26,924$20,258$15,072$11,108$6,003
26 years$33,600$25,304$18,788$13,781$10,006$5,245
27 years$32,009$23,814$17,446$12,614$9,021$4,585
28 years$30,534$22,440$16,219$11,557$8,140$4,010
29 years$29,164$21,169$15,093$10,598$7,350$3,509
30 years$27,887$19,992$14,058$9,726$6,641$3,072
31 years$26,695$18,899$13,106$8,933$6,004$2,691
32 years$25,580$17,882$12,228$8,210$5,431$2,357
33 years$24,535$16,935$11,418$7,549$4,915$2,065
34 years$23,553$16,051$10,668$6,946$4,450$1,810
35 years$22,629$15,224$9,974$6,394$4,031$1,587
36 years$21,759$14,449$9,330$5,889$3,652$1,392
37 years$20,937$13,724$8,733$5,426$3,310$1,220
38 years$20,161$13,042$8,178$5,001$3,001$1,070
39 years$19,426$12,402$7,662$4,611$2,721$939
40 years$18,730$11,800$7,182$4,253$2,468$824
41 years$18,070$11,232$6,734$3,924$2,239$723
42 years$17,442$10,697$6,317$3,622$2,032$634
43 years$16,845$10,192$5,927$3,343$1,844$556
44 years$16,278$9,715$5,564$3,087$1,674$488
45 years$15,736$9,264$5,224$2,851$1,520$429
46 years$15,220$8,838$4,907$2,633$1,380$376
47 years$14,728$8,434$4,610$2,433$1,253$330
48 years$14,257$8,051$4,332$2,248$1,138$290
49 years$13,807$7,689$4,072$2,078$1,033$254
50 years$13,376$7,344$3,828$1,920$939$223

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,700,000, adding $5,370 every year, while hoping to spend $53,853 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: 65/24/11 Blend
69$13,700,000$13,700,000$13,700,000$13,700,000
70$15,102,939$14,376,839$14,164,489$16,047,585
71$16,586,140$15,024,005$14,581,700$17,325,500
72$18,218,822$15,701,077$15,011,083$18,714,412
73$20,016,176$16,409,464$15,452,989$20,230,590
74$21,994,940$17,150,642$15,907,777$21,886,437
75$24,173,556$17,926,156$16,375,821$23,695,595
76$26,572,348$18,737,627$16,857,500$25,673,073
77$29,213,710$19,586,752$17,353,208$27,835,382
78$32,122,316$20,475,311$17,863,348$30,200,693
79$35,325,357$21,405,166$18,388,336$32,788,999
80$38,852,795$22,378,271$18,928,597$35,622,301
81$42,737,646$23,396,673$19,484,571$38,724,813
82$47,016,291$24,462,514$20,056,709$42,123,187
83$51,728,819$25,578,043$20,645,474$45,846,758
84$56,919,405$26,745,615$21,251,345$49,927,815
85$62,636,731$27,967,696$21,874,811$54,401,906
86$68,934,437$29,246,873$22,516,377$59,308,162
87$75,871,635$30,585,855$23,176,561$64,689,668
88$83,513,463$31,987,483$23,855,897$70,593,855
89$91,931,699$33,454,732$24,554,932$77,072,953
90$101,205,441$34,990,723$25,274,231$84,184,466
91$111,421,851$36,598,723$26,014,373$91,991,720
92$122,676,979$38,282,160$26,775,953$100,564,444
93$135,076,667$40,044,623$27,559,585$109,979,429
94$148,737,554$41,889,875$28,365,897$120,321,240
95$163,788,167$43,821,862$29,195,537$131,683,010
96$180,370,143$45,844,716$30,049,171$144,167,309
97$198,639,561$47,962,771$30,927,482$157,887,107
98$218,768,418$50,180,568$31,831,174$172,966,826
99$240,946,248$52,502,868$32,760,970$189,543,513
100$265,381,916$54,934,658$33,717,613$207,768,116