Can I retire at age 70 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,063,929
2 years$564,154$553,647$543,464$533,591$524,015$487,593
3 years$372,367$361,815$351,657$341,877$332,457$297,260
4 years$276,492$265,972$255,917$246,303$237,111$203,408
5 years$218,982$208,525$198,602$189,185$180,248$148,128
6 years$180,655$170,277$160,500$151,292$142,624$112,114
7 years$153,289$142,998$133,376$124,386$115,992$87,087
8 years$132,774$122,576$113,113$104,344$96,226$68,906
9 years$116,826$106,724$97,425$88,878$81,036$55,268
10 years$104,075$94,072$84,937$76,614$69,047$44,789
11 years$93,649$83,747$74,777$66,677$59,383$36,590
12 years$84,967$75,167$66,363$58,485$51,460$30,081
13 years$77,627$67,929$59,291$51,633$44,874$24,854
14 years$71,341$61,745$53,273$45,834$39,336$20,620
15 years$65,897$56,405$48,098$40,876$34,635$17,163
16 years$61,139$51,751$43,608$36,600$30,610$14,325
17 years$56,945$47,661$39,682$32,885$27,141$11,983
18 years$53,221$44,041$36,224$29,636$24,133$10,042
19 years$49,893$40,816$33,162$26,779$21,510$8,429
20 years$46,902$37,929$30,434$24,253$19,213$7,083
21 years$44,199$35,329$27,994$22,011$17,194$5,959
22 years$41,745$32,978$25,800$20,013$15,412$5,018
23 years$39,507$30,844$23,822$18,226$13,834$4,228
24 years$37,460$28,899$22,031$16,624$12,435$3,565
25 years$35,579$27,120$20,405$15,182$11,189$3,008
26 years$33,845$25,489$18,925$13,881$10,079$2,539
27 years$32,243$23,988$17,574$12,706$9,087$2,143
28 years$30,757$22,603$16,337$11,641$8,199$1,810
29 years$29,377$21,324$15,203$10,675$7,404$1,529
30 years$28,091$20,138$14,161$9,797$6,690$1,292
31 years$26,890$19,037$13,202$8,998$6,048$1,092
32 years$25,767$18,013$12,318$8,269$5,471$923
33 years$24,714$17,059$11,501$7,604$4,951$780
34 years$23,725$16,168$10,746$6,997$4,483$660
35 years$22,794$15,335$10,047$6,441$4,060$558
36 years$21,918$14,555$9,398$5,932$3,679$472
37 years$21,090$13,824$8,797$5,465$3,334$399
38 years$20,308$13,138$8,238$5,038$3,023$338
39 years$19,568$12,493$7,718$4,645$2,741$285
40 years$18,867$11,886$7,234$4,284$2,486$241
41 years$18,201$11,314$6,783$3,953$2,256$204
42 years$17,569$10,775$6,363$3,648$2,047$173
43 years$16,968$10,266$5,971$3,367$1,858$146
44 years$16,396$9,786$5,604$3,109$1,686$124
45 years$15,851$9,332$5,262$2,872$1,531$105
46 years$15,331$8,902$4,943$2,652$1,390$88
47 years$14,835$8,496$4,643$2,451$1,262$75
48 years$14,361$8,110$4,364$2,264$1,146$63
49 years$13,908$7,745$4,101$2,093$1,041$54
50 years$13,474$7,398$3,856$1,934$945$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,800,000, adding $3,279 every year, while hoping to spend $47,652 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: 54/20/26 Blend
69$13,800,000$13,800,000$13,800,000$13,800,000
70$15,210,982$14,479,582$14,265,682$15,922,650
71$16,711,801$15,138,380$14,692,881$17,072,746
72$18,364,106$15,827,863$15,132,794$18,318,980
73$20,183,299$16,549,482$15,585,797$19,674,789
74$22,186,351$17,304,762$16,052,276$21,150,695
75$24,391,961$18,095,297$16,532,629$22,758,268
76$26,820,735$18,922,760$17,027,267$24,510,232
77$29,495,378$19,788,905$17,536,609$26,420,578
78$32,440,912$20,695,566$18,061,091$28,504,699
79$35,684,906$21,644,670$18,601,158$30,779,525
80$39,257,741$22,638,233$19,157,271$33,263,680
81$43,192,893$23,678,369$19,729,902$35,977,659
82$47,527,253$24,767,294$20,319,539$38,944,008
83$52,301,472$25,907,330$20,926,682$42,187,540
84$57,560,343$27,100,911$21,551,847$45,735,561
85$63,353,229$28,350,586$22,195,565$49,618,123
86$69,734,524$29,659,031$22,858,383$53,868,303
87$76,764,168$31,029,046$23,540,861$58,522,508
88$84,508,213$32,463,568$24,243,579$63,620,818
89$93,039,444$33,965,677$24,967,132$69,207,350
90$102,438,070$35,538,597$25,712,134$75,330,678
91$112,792,476$37,185,712$26,479,214$82,044,276
92$124,200,062$38,910,565$27,269,021$89,407,025
93$136,768,159$40,716,873$28,082,223$97,483,752
94$150,615,042$42,608,531$28,919,508$106,345,844
95$165,871,048$44,589,620$29,781,583$116,071,909
96$182,679,804$46,664,421$30,669,176$126,748,509
97$201,199,585$48,837,419$31,583,035$138,470,974
98$221,604,807$51,113,317$32,523,931$151,344,288
99$244,087,672$53,497,044$33,492,657$165,484,075
100$268,859,984$55,993,768$34,490,030$181,017,679